Goldberg Coins and Collectibles



Sale 54

Pre-Long Beach Coin and Currency Auction


Dollars
 
 
Lot Photo Description Realized
Lot 2747
1794 B-1, BB-1. Rarity 4. PCGS graded EF-40. Well struck for this famous issue with plenty of hair detail and a nice full date. Lightly toned. An excellent example of this rare date that boasts light antique silver-gray color and defect-free surfaces. The obligatory adjustment marks are randomly located about the upper and upper left reverse margin and are generally unobtrusive, with the heaviest over STA of STATES; none through the eagle or wreath, which is very positive. The surfaces show minor circulation hairlines, and both sides have a remarkable freedom from surface marks and certainly no rim bruises. For a 1794 dollar in EF40, this one is well struck, with all the stars visible, a complete date, and all of the reverse lettering is present, but weak due to the strike and the adjustment marks. Liberty's hair retains good separation on all but the uppermost wave over her ear, which shows the expected wear. Other identifying features are a small nick below the 4 in date. Very few graded at this level to date (see below).

The 1794 dollars were coined on October 15, 1794 from silver bullion deposited by David Rittenhouse, and all were coined on this date and delivered to David Rittenhouse (according to Breen and Collins in their 1794 silver dollar research). Thus, all 1794 silver dollars can trace their pedigree to David Rittenhouse, who passed them out to friends, many of whom kept them, others were spent and circulated.

The 1794 silver dollar is an American classic. It is the first year of issue of the national monetary Unit, and was struck in extremely limited quantities, with the total known population causing it to be a very expensive proposition for all but the wealthiest coin collectors. Only 1758 minted. Pop 10; 16 finer at PCGS.
Estimated Value $125,000 - 150,000.
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Realized
$172,500
Lot 2748
1794 Flowing Hair Dollar Rarity 4. . BB-1, B-1. NGC graded Fine-15. A very pleasing example for the grade with a nice full date and free from defects and major flaws. We note some normal weakness about the left side stars and corresponding portions on the reverse. A nice even light lilac-grey tone further enhances its appearance. Always in great demand as our regular First Silver Dollar.

Historic note: The dies for the 1794 dollar are almost certainly the work of Robert Scot, a medalist and die sinker. On November 23, 1793, Secretary of State Thomas Jefferson, who was in charge of the affairs of the Mint, wrote to Robert Scot and sent him a commission to be engraver at the Mint. To Scot fell the task of cutting the dies for coinage, including the 1794 Flowing Hair dollar. In November 1794, John Smith Gardner was hired as his assistant, but by this time the initial delivery of silver dollars had been accomplished. Probably, Gardner worked on some of the 1795 and later dies.

To prevent filing and clipping by the public to reduce a minted coin's weight, it was desired to ornament the edge. In this way, the removal of silver could be detected. For the silver dollar, lettering was applied by a machine which rolled the finished planchet (but before striking by the dies) between two parallel steel bars, upon each of which was half of the edge lettering inscription: HUNDRED CENTS ONE DOLLAR OR UNIT and ornamentation between words.

Per the Bowers encyclopedia: "Known silver dollars dated 1794 are from a single pair of dies and are believed to have been made to the extent of, perhaps, 2,000 coins (Walter H. Breen's estimate), of which 1,758 pieces were considered to be satisfactory delivered by the coiner on October 15, 1794. The remaining impressions, possibly amounting to 242 coins, rejected as being too weak, probably were kept on hand for later use as planchets. Supporting this theory is the existence of at least one 1795 silver dollar (BB-14) plainly overstruck on a 1794 dollar."
Estimated Value $80,000 - 90,000.
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Unsold
Lot 2749
1794 B-1, BB-1. Rarity 4. NCS graded Details of VF-20 Repaired, Damaged. In a new NGC 4 pronged holder. Each year's mintage was small throughout 1794-1803 because little demand existed domestically for silver dollars. These are the first United States Mint struck coins to order. Bankers and others deposited silver and gold with the Mint, which the Mint's workers turned into coinage and then delivered to the owners of the precious metals after deducting a small seigniorage charge.

Those depositing silver with the Mint in the first years had a preference for the more convenient half dollars rather than the silver dollars, ordering more of the smaller denomination than the larger. As best as we can understand, the silver was too large for small transactions but too small for convenient transportation or storage of large sums. Many 1794-1803 silver dollars were melted.

Striking silver dollars that were only going to be melted (or exported) was wasteful of the Mint's production capacity. Production of this denomination ceased after 1803, possibly under the orders of President Jefferson. The halt in production for the silver dollar proved more than temporary. It wouldn't be struck for circulation again until 1840, at the second Philadelphia Mint.

In 1794, the mint did not have a coining press powerful enough to strike Dollar-size coins, the largest being used for large cents and half dollars. To make do, this press was employed to strike the first American silver dollars. As expected, it could not fully strike the design on the left side of the coin (the dies being slightly misaligned). Although the left hand stars and upper portion of the left side reverse letters are normally weakly impressed, they are sometimes visible to the naked eye.

A luminous gem of optimum quality for the grade this coin is not: the obverse surface is lightly pitted and appears to have been pecked by some silver-eating robotic chicken. We must point out, however, looking on the bright side, that the strike on the hair detail is nearly full which is a major plus, being quite crisp in most places. Stars at the left mostly invisible; the date weak at the bottoms of the numbers but still plain enough that no magnification is required to see that this is the coveted 1794 issue. With a little imagination a person could see how 200+ years of rough and tumble could produce such a specimen. Yet putting this aside, the coin is a respectable reminder of America's cherished first year coinage, a marvel of workmanship given the limited technical apparatus available to the First U.S. Mint.
Estimated Value $60,000 - 70,000.
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Unsold
Lot 2750
1795. 3 leaves beneath each wing. BB-27. Sharpness of VF-20. Nicely toned with light scratches around the obverse edge. BB-27 is the familiar variety with three leaves under each wing of the eagle and a short raised die line (slip of the engraver's tool?) behind Liberty at the top curl. The color is well balanced on this specimen. Natural medium gray for the fields (with some russet interspersed); lighter "rubbed silver" seen on uncleaned circulated silver coins of this age and condition. Very appealing.
Estimated Value $900 - 1,000.
Ex Mayflower Auction in the 1960's The Leo Wexler Collection.

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Realized
$3,565
Lot 2751
1799/8 $1 B-3, BB-141 Rarity 3. PCGS graded EF-45. 1818-R Brazilian 960 Reis struck on a U.S. Draped Bust Dollar. Truly a fascinating item! The details of the host coin are extremely impressive in terms of clarity. After close examination we believe that the variety is B-3, BB-141. A sensational coin that warrants spirited bidding.
Estimated Value $1,500 - 2,000.
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Realized
$9,775
Lot 2752
1799. B-4, BB-153. Rarity 4. PCGS "Genuine". Our grade is sharpness of EF-40 with burnished surfaces. An interesting variety for 1799, extensive obverse die breaks include the most noticeable one through the stars on left, the date, and to the rim below the bust, with others as noted in the major variety references. Despite it being burnished, the coin yet displays its main characteristics such as full E PLURIBUS UNUM on the scroll, and most of the horizontal and vertical lines in the shield evident (PCGS # 6878) .
Estimated Value $1,000 - 1,200.
The Leo Wexler Collection.

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Realized
$1,553
Lot 2753
1842 Liberty Seated Dollar. Fine-15. Lightly cleaned years ago. Full strong LIBERTY on shield.
Estimated Value $150 - 170.
The Leo Wexler Collection.

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Realized
$242
Lot 2754
1856 Liberty Seated Dollar. PCGS graded EF-40. A flashy untoned example with semi reflective surfaces. Low mintage as only 63,500 were made. Pop 7 (PCGS # 6944) .
Estimated Value $950 - 1,000.
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Realized
$1,208
Lot 2755
1860-O Liberty Seated Dollar. Sharpness of EF-40. Cleaned and scratched, though sharp details with full LIBERTY on shield.
Estimated Value $200 - 225.
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Realized
$299
Lot 2756
1864 Liberty Seated Dollar. Fine-12. Lightly cleaned long ago. Popular low-mintage date.
Estimated Value $200 - 225.
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Realized
$460
Lot 2757
1865 Liberty Seated Dollar. PCGS graded Proof 64 Cameo PQ. A nice white coin. 500 Proofs minted. Very few survivors could possibly equal the choice technical merits and originality of this Proof 64 specimen. In addition to its strong strike and nearly flawless surface quality, both sides are gleaming with mint brilliance, the cameo contrast intense. Struck with exactitude rarely found on a Proof Seated Liberty silver dollar. Everything is right up there in front, it holds no secrets back from you. So perhaps a strong bid should be considered. Pop 14; 7 finer in 65. (PCGS # 87008) .
Estimated Value $7,000 - 7,500.
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Realized
$8,625
Lot 2758
1873 Liberty Seated Dollar. PCGS graded Proof 63. Only 600 minted but many were melted. Great eye appeal! Truly a spectacular coin. Both sides display stunning multi-colored toning. Shades of magenta, russet, blue, and sea-green iridescence blanket this example beautifully. All those decent restrictions which the grading service uses to check points of detraction from perfection have virtually vanished on this handsome 1873 Seated Liberty dollar; who shall say what will be the outcome? Pop 50; 50 finer, 35 in 64, 11 in 65, 4 in 66 (PCGS # 7021) .
Estimated Value $3,200 - 3,400.
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Lot 2759
1873 Liberty Seated Dollar. NGC graded Proof 63 Cameo. Last year of issue. A nice white coin. A generous amount of crisp frosted detail for the type, including those areas with the usual weak metal flows into the deepest channels of the dies leaving the centers bold. A lovely cameo Proof dollar. Only 600 Proofs struck. Pop 8; 26 finer in Cameo at NGC.
Estimated Value $3,200 - 3,400.
The Leo Wexler Collection.

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Realized
$4,140
Lot 2760
1873 Trade Dollar. PCGS graded Proof 62 Cameo. A pleasing fully white Proof example which has reflective fields on both sides. Offsetting this is well frosted relief, with all devices, including the stars and letter-tops satiny white. First-year of issue. Only 865 Proofs made. Pop 4; 12 in 63 CAM, 6 in 64 CAM (PCGS # 87053) .
Estimated Value $1,300 - 1,400.
The Leo Wexler Collection.

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Realized
$2,070
Lot 2761
1874-CC NCS graded AU details improperly cleaned. Sharply struck and quite attractive with only very light friction on the highpoints and no notable contact marks. The "improper cleaning" was very light leaving original dark bluish steel toning in all the protected areas while the highpoints and devices are a lighter shade of silvery gray. The reported mintage of the 1874-CC is relatively high for the Trade Dollar series, but most were shipped to the Orient and come with chop marks. The piece offered here is a very nice exception.
Estimated Value $200 - 250.
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Realized
$483
Lot 2762
  1874-CC and 1875-CC. Each Sharpness of VF-30. Each cleaned with some marks. Lot of 2 coins.
Estimated Value $250 - 300.
From a Mayflower Auction in the 1960's, The Leo Wexler Collection.

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Realized
$529
Lot 2763
  1875-S and 1878-S. Each Sharpness of EF-45. Both have been cleaned. Lot of 2 coins.
Estimated Value $200 - 250.
From an old Mayflower Auction, The Leo Wexler Collection.

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Realized
$330
Lot 2764
1876 Trade Dollar. PCGS "Genuine" Our grade is AU-58 prooflike. Probably cleaned long ago (PCGS # 7041) .
Estimated Value $300 - 350.
The Leo Wexler Collection.

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Realized
$552
Lot 2765
1877 Trade Dollar. PCGS graded MS-62. Housed in an Old Green Holder. Light mottled toning including an area on the obverse rim at 1:00 and around the date. Blunt strike at stars and Liberty's head; the eagle is sharp however, except for one claw (PCGS # 7044) .
Estimated Value $1,200 - 1,300.
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Realized
$1,150
Lot 2766
  Withdrawn
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Unsold
Lot 2767
1877-S Trade Dollar. PCGS graded MS-62 (PCGS # 7046) .
Estimated Value $700 - 750.
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Realized
$949
Lot 2768
1880 Trade Dollar. PCGS graded Proof 63 Cameo. Hints of light mottled toning here and there. Only 1,987 struck for this year. A one-in-a-thousand example of this Proof-only issue, with abundant luster that shimmers over pristine cameo frosted devices. Next a word about the strike. The pressure transmitted from the die to the specially prepared blank used on the Proofs reveals itself in sharp details at Liberty's hair and coronet, the ribbon with LIBERTY on it, the bale of cotton and the sheaf of wheat. Not overlooked is a razor-sharp eagle, whose plumage reveals all its intricacy under a loupe. Very choice indeed. Pop 32 (PCGS # 87060) .
Estimated Value $2,200 - 2,300.
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Realized
$2,760
Lot 2769
1878 Morgan Dollar. 8 tail feathers. PCGS graded MS-64 PQ. A lovely totally white specimen in a 1st generation holder.
Estimated Value $275 - 300.
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Realized
$690
Lot 2770
1878 Morgan Dollar. 8 tail feathers. NGC graded MS-62. Star. Mostly untoned with attractive mirrorlike surfaces. Moderate cameo contrast from the frosted devices (PCGS # 7072) .
Estimated Value $100 - 125.
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Realized
$127
Lot 2771
  1878 Morgan Dollar. Strongly doubled tail feathers. MS-63. Frosty and untoned.
Estimated Value $170 - 190.
The Leo Wexler Collection.

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Realized
$173
Lot 2772
1878 7/8 Tail Feathers. Vam Top 100. PCGS graded EF-45. Weak VAM-44 Triple Blossom. A very rare and seldom offered VAM variety. Indeed, this is an amazing variety that, based on recent sales figures, is becoming a "must-have" for all serious Morgan dollar collections. The problem? Only about 70 are known and the demand is far more than that!

1878 VAM-44 has a doubled die obverse and a double die reverse. It is considered the "King of VAms" by many. The VAM-44 obverse has one of the most clearly defined Tripled Dies in the Morgan Dollar series. The leaves and cotton bolls are dramatically tripled. The reverse has a 7/8 tailfeather reverse, the long nock on the arrow shaft can be seen along with "weak" tailfeather tips showing, 3 to 5 depending on the strike and how hard you look. There is more dramatic doubling of both of the eagle's legs. This variety is tremendously sought after by collectors and XF to low-end AU specimens can command several thousand dollars. The reverse of this coin is shared with VAM-33 (a very common coin) so whenever you see the doubled eagle's legs on the reverse be sure to check the obverse leaves and cotton bolls for doubling that marks the VAM-44. Pop 5; 18 finer (PCGS # 133829) .
Estimated Value $4,000 - 4,500.
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Realized
$4,600
Lot 2773
1878-CC Morgan Dollar. PCGS graded MS-61. Frosty with stunning blue and vivid golden toning mostly on the obverse. First year of issue (PCGS # 7080) .
Estimated Value $170 - 180.
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Realized
$242
Lot 2774
  1878-CC and 1879-CC. Each cleaned long ago and each grades VG-8. Lot of 2 coins.
Estimated Value $150 - 175.
The Leo Wexler Collection.

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Realized
$219
Lot 2775
  1878-S and 1882-S. PCGS graded MS-65 and MS-66 respectively. Each is an untoned gem. Lot of 2 coins (PCGS # 7082) .
Estimated Value $400 - 425.
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Realized
$518
Lot 2776
1878-S Morgan Dollar. PCGS graded MS-65. Mottled warm sunset toning on the obverse; always a pleasure to offer this first-year date in this Gem condition (PCGS # 7082) .
Estimated Value $200 - 225.
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Realized
$196
Lot 2777
1879-CC Morgan Dollar. Our grade is Sharpness of AU and cleaned years ago. A nice frosty white coin with ample luster still adhering (PCGS # 7086) .
Estimated Value $650 - 700.
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Realized
$1,955
Lot 2778
1879-O Morgan Dollar. PCGS graded MS-64 Prooflike. A blast white beauty whose frosted relief rises from the prooflike background (PCGS # 7091) .
Estimated Value $400 - 450.
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Realized
$661
Lot 2779
1880 Morgan Dollar. PCGS graded MS-65. The obverse exhibits delicate golden toning around the borders while the reverse is displays a uniform blending of violet and royal blue. No real obstacles for careful Silver Dollar buyers wishing to bid (PCGS # 7096) .
Estimated Value $425 - 450.
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Realized
$483
Lot 2780
  1880-CC GSA. NGC graded MS-64. A frosty white coin in the GSA black holder as issued, and another attractive coin.
Estimated Value $500 - 525.
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Realized
$552
Lot 2781
  1880-CC. GSA Dollars. MS-60 to MS-60 Plus. Each in its original black case as issued. Lot of 3 coins.
Estimated Value $1,200 - 1,250.
The Leo Wexler Collection.

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Realized
$1,265
Lot 2782
1880-CC. PCGS graded MS-63. Frosty with lovely reverse rainbow toning (PCGS # 7100) .
Estimated Value $450 - 475.
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Realized
$506
Lot 2783
1881 Morgan Dollar. PCGS graded Proof 61. A touch of gold toning appears around the edges. A total of 984 Proofs struck. Light hairlines, as expected in this grade. Sharp relief all around, including traces of original frost on the devices (PCGS # 7316) .
Estimated Value $900 - 950.
The Leo Wexler Collection.

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Realized
$1,208
Lot 2784
1881-CC Morgan Dollar. PCGS graded MS-65 PQ. CAC Approved. A gorgeous gem! Liberty's portrait is frosty beyond belief with a degree of reflectivity evident in the fields giving the coin added stature in the eyes of this cataloger (PCGS # 7126) .
Estimated Value $750 - 800.
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Realized
$1,093
Lot 2785
  1881-CC. NGC graded MS-65. A frosty white gem. In the original black holder as issued.
Estimated Value $600 - 650.
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Realized
$834
Lot 2786
  1881-CC Morgan Dollar. NGC graded MS-64. Frosty and untoned. In the original black holder as issued.
Estimated Value $450 - 500.
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Realized
$460
Lot 2787
1881-CC Morgan Dollar. PCGS graded MS-63. Frosty and untoned (PCGS # 7126) .
Estimated Value $400 - 425.
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Realized
$403
Lot 2788
  1881-CC GSA Dollars. MS-60 Plus. Each in its original black case as issued. Lot of 3 coins.
Estimated Value $1,200 - 1,250.
The Leo Wexler Collection.

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Realized
$1,265
Lot 2789
1881-S Morgan Dollar. NGC graded MS-66. Star. Lovely rainbow toning on the obverse. Intense green colors. Dazzling color expands forcefully from original surfaces untouched by injury. A strong strike as well, which is traditional with 1881-S Morgans, making this an advantageous coin for the focused collector. Could be a run-away (PCGS # 7130) .
Estimated Value $1,200 - 1,300.
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Realized
$863
Lot 2790
  1881-S 3-piece lot. PCGS graded All MS-66. Each a blast white gem example. Lot of 3 coins (PCGS # 7130) .
Estimated Value $600 - 650.
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Realized
$661
Lot 2791
  1881-S Morgan Dollar. PCGS graded Each MS-65. Lot of 2 coins (PCGS # 7130) .
Estimated Value $200 - 220.
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Realized
$230
Lot 2792
  1882-CC GSA. NGC graded MS-65. A frosty white gem.
Estimated Value $350 - 375.
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Realized
$661
Lot 2793
1882-CC Morgan Dollar. PCGS graded MS-64. Lovely delicate golden obverse toning (PCGS # 7134) .
Estimated Value $180 - 190.
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Realized
$207
Lot 2794
  1882-CC GSA. MS-63 plus. Housed in the original black box of issue.
Estimated Value $160 - 170.
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Realized
$155
Lot 2795
  1882-CC Morgan Dollar. MS-62. Together with: 1881-S AU-55. Lot of 2 coins.
Estimated Value $150 - 160.
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Realized
$176
Lot 2796
  1882-CC Morgan Dollar. MS-60+ to MS-63. Each in its original black case as issued. Lot of 8 coins.
Estimated Value $1,200 - 1,250.
The Leo Wexler Collection.

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Realized
$1,495



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