|
Sale 65
The Pre-Long Beach Auction
| The Dr. Hesselgesser Collection of Bust Dollars |
| |
| |
| Lot |
Photo |
Description |
Realized |
Lot 5000 |
 |
1795 B-3, BB-11 Flowing Hair 2 Leaves Silver Plug Rarity 5 (Possibly Rarity 6/7 With Plug). PCGS graded AU-55 PQ. CAC Approved. Subset of PCGS # 6854. In a new secure plus holder. Condition Census. A marvelous example of this desirable variety. Each side exhibits stunning shades of iridescent blue, russet, and gold. The Silver Plug is emphasized majestically by the toning. This piece is truly a miraculous numismatic wonder! The bidder who is fortunate enough to win this coin will undoubtedly be mesmerized by it's sheer beauty. Pop 1; none finer at PCGS for the variety
There is much to recommend this handsome specimen. First and foremost, it uses the desirable Head of 1794. Employing Obverse 1, Libertyís flowing locks are in six curls; the third from the top turns downward and touches the fourth curl. Two points of the first star touch the lowest curl which ends at star point. Finally, the last star or lowest one on the right is mostly under the bust, which a point nearly touches. Close date; there are outlines from repunching that appear at the top of the 5 and right top of the 7 (most visible on early impressions from the die). I closer to L than to B with L slightly low. This obverse die was used to strike 1795 BB-11, BB-12, and BB-13.
It is paired with Reverse A: Two leaves under each wing. The only variety with 16 berries, eight on each branch of the wreath. There are only two berries on the left branch, between the eagle's wing and ribbon bow, both are on the inside of wreath. This reverse die is unique to 1795 BB-11.
A scarce variety, between 31 and 75 1795 BB-11 dollars exist, making this one of the more elusive issues of the Flowing Hair type. In this condition, the coin is King, finest certified, and undoubtedly Finest Known. Noteworthy too, it is at least twice as rare as a 1794 dollar.
The population of 1795 BB-11 seems to be clustered around the VF level which, of course, covers a fairly wide range (VF20 to just below EF40). Specimens are not easy to locate, according to the Bowers encyclopedia, "often a year will pass on the calendar without a single piece crossing the auction block.". (PCGS # 39990)
Story of the Silver Plug Dollars: The curious silver plugs are known on several varieties, but usually on just a few coins of each. It is believed that during the planchet preparation process, sometimes planchets would be slightly underweight, and would normally have to be remelted, drawn and cut to size again. Someone at the Mint decided to use the 1792 silver center cent as an example, and drill out the center of the blank silver dollar planchet, insert a larger silver "plug", and strike the coin normally. The plug would flatten out and become a part of the coin, increasing the weight to the required standard. Ray Merena noted on this specimen that it has not only a silver plug, but also adjustment marks on the lower reverse rim. Why would someone add, then take away weight from the same planchet? Both the silver plug insertion and adjustment marks occurred prior to striking, so we can't be sure which came first, the plug or the adjustment marks.
This particular specimen holds a very special importance among 1795 flowing hair dollars. Coming from the earliest, perfect-state of the dies, from the first die variety of silver dollars struck during 1795, this coin is most certainly one of the very first silver dollars struck during 1795. Among the known population of 1795 dollars with mint-inserted silver plugs, it is undoubtedly the very first one struck; it bears the very longest pedigree chain; and it is the very first specimen to have been described with a mention of the feature we now label as a "silver plug."
In his "Silver Dollars & Trade Dollars of the United States - A Complete Encyclopedia," Q. David Bowers comments in relation to the Winsor-Wilson-Clarke-Ostheimer specimen of the B-7, BB-18 dollar, that "Walter Breen stated that he first noted the silver plug phenomenon "early 1956 on the Windsor-D.S. Wilson-Clarke B-7, but dared not use the word 'plug' or 'plugged' in the description lest it frighten off buyers!" Breen obviously was unaware of the present specimen, then impounded in the Garrett holdings, having already been off the market for more than seven decades. Breen was also unaware that auctioneer Lyman H. Low had recognized the rare feature of the coin in 1885, and like Breen, dared not call it a "plug" but instead described it as having the "planchet rough on bust, and similar defect on rev." (PCGS # 39990) .
Estimated Value $75,000-UP.
Ex: Lyman H. Low’s 8th Sale (June, 1885): Lot 59, bought at the sale by T. Harrison Garrett, Garrett Collection; Stack’s (March, 1976): Lot 245; unknown intermediaries; Phillip Flannagan Collection, Bowers & Merena (November, 2001):Lot 4204, bought at the sale by the Cardinal Collection; Cardinal Collection Sale, American Numismatic Rarities (June, 2005): Lot 6; private collector; privately to the Cardinal Collection January, 2006; privately to Dr. Hesselgesser, February, 2008; The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$120,750 |
Lot 5001 |
 |
1795 B-3, BB-11 Flowing Hair 2 Leaves Rarity 5. PCGS graded EF-40. CAC Approved. Subset of PCGS # 6853. In a new secure plus holder. Condition Census. Both sides display pleasing antique gray with golden undertones laid delicately throughout. Head of 1794. This is a splendid specimen whose deeper gray veil of toning in areas on both sides accents the base color. Well struck for the variety, certainly much better-quality than similar high-end uncertified examples offered in recent years; we find it worthy of strong bidder support. The fields are immaculate. The rims impeccable. (We could say if we had a mind to that the eagleís beak point is impeccable as well, but that might be taking a pun too far.) Rims are "unbroken" by the way -- a term not in common use here in America but important all the same to collectors worldwide who tend to shy away from rim marks, defects, and bumps on their coins. The rims, as we say, are impeccable. Dentils are full on both sides as well. The eye appeal on this one cannot be surpassed. There is a decidedly noticeable die crack on the reverse which no doubt puts an exclamation point for BB-11's reverse may not have lasted very long.
Die notes: Obverse 1: Flowing hair in six curls; the third one from the top turns downward and touches the fourth curl. Two points of first star touch the lowest curl which ends at star point. The last star or lowest one on the right is mostly under the bust, and a point nearly touches. Close date; outlines from repunching appear at top of 5 and right top of 7 (most visible on early impressions from the die). I closer to L than to B with L slightly low. Obverse die used to strike 1795 BB-11, BB-12, and BB-13.
Reverse A: Two leaves under each wing. The only variety with 16 berries, eight on each branch of wreath. There are only two berries on left branch, between eagle's wing and ribbon bow, both on inside of wreath. Reverse die used to strike 1795 BB-11 only.
The Bowers encyclopedia has the best explanation why collectors may have to search for years before finding a nice BB-11 example: "One of the more elusive issues of the Flowing Hair type. Not that it makes any difference to its price, for BB-11 sells for not much more than a common issue, but is at least twice as rare as a 1794 dollar. Such comparisons make interesting reading in auction catalogues." Approximately 31 to 75 are estimated to exist.
"The population of 1795 BB-11 seems to be clustered around the VF level which, of course, covers a fairly wide range (VF20 to just below EF40). Specimens are not easy to locate, and often a year will pass on the calendar without a single piece crossing the auction block. Perhaps only one Mint State coin is known." Pop 1; none finer at PCGS for the variety (PCGS # 39978) .
Estimated Value $20,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$19,550 |
Lot 5002 |
 |
1795 B-11, BB-12 Flowing Hair 2 Leaves Rarity 7. PCGS graded EF-40 PQ. CAC Approved. Subset of PCGS # 6853. In a new secure plus holder. Condition Census. Attractive gun metal grey coloration highlighted with a trace of golden and magenta shades can be seen on both sides. This exceedingly rare piece was purchased out of an auction in Europe several years ago by Dr. Hesselgesser. Although the only die state recorded in the Bowers-Borckardt reference is State I with perfect dies, there are early and late impressions of this die marriage known. The early impressions, as the example offered here, show some delicate date repunching to the right of the 7 and above the 5. The final digit was first leaning sharply to the left, and was repositioned in a more appropriate upright format. The strike with full denticles is rarely seen and may be present only in this example. Most show weakness of strike at the right obverse and corresponding area on the reverse.
Bowers estimated between 20 and 35 examples of the variety survive, but today we recognize that the true rarity is much greater, with less than a dozen examples thought to survive. This pleasing piece still retains remnants of mint luster beneath medium gray patina. The surfaces are smooth and attractive. A famous variety of the 1795 Flowing Hair series. Pop 1; none finer at PCGS for the variety (PCGS # 39979) .
Estimated Value $50,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$80,500 |
Lot 5003 |
 |
1795 B-9, BB-13 Flowing Hair 2 Leaves Rarity 4. PCGS graded AU-55. CAC Approved. Subset of PCGS # 6853. Condition Census. In a new secure plus holder. Flowing hair in six curls; the third one from the top turns downward and touches the fourth curl. Two points of first star touch the lowest curl which ends at star point. The last star or lowest one on the right is mostly under the bust, and a point nearly touches. Close date; outlines from repunching appear at top of 5 and right top of 7 (most visible on early impressions from the die). I closer to L than to B with L slightly low. Obverse die used to strike 1795 BB-11, BB-12, and BB-13.
Two leaves under each wing. 17 berries, nine on left branch, eight on right. A berry is on outside of the wreath midway between S and T of STATES, the only variety in which this occurs; the arrangement is similar to that used on the 1794 dollar. Reverse die used to strike 1795 BB-13 and BB-14. The die clash marks that are evident on this piece are quite intriguing. Although not as obvious as in the BB-11 example offered in this collection, this coin displays some evidence of a mint inserted silver plug; so, while the coin has not been certified as such, prospective bidders should examine the coin closely to come to their own opinion.
Pop 1; none finer at PCGS for the variety (PCGS # 39980) .
Estimated Value $40,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$37,950 |
Lot 5004 |
 |
1795 B-4, BB-14 Silver Plug Flowing Hair 2 Leaves Rarity 3. PCGS graded VF-20. This item is considerably more scarce than the BB variety indicates due to the presence of the Silver Plug. The enormous plug can be seen very clearly with the naked eye on both sides. Lovely gun-metal grey and a trifle of golden hues cover both sides attractively. 1795 BB-14 is one of the more readily available issues of the year, though of course with a silver plug it rises well into the rarity class. An estimated 201 to 500 exist in all grades combined of regular strikes. The specialist will difficulty finding a similar Silver Center specimen regardless of condition, so act while the opportunity presents.
This has the Head of 1794 with star 15 entirely under the bust. Flowing hair in six locks; lowest one ends faintly above two points of first star, and close to one point. Close date, figures 9 and 5 closest, and the distance between the 1 and 7 about the same as between the first star and figure 1. The 9 and 5 are lightly repunched. Two center dots; the larger is higher, slightly farther to the right, and closest below ear. Star closer to date than in any other variety, about 1.5 mm. Obverse die used to strike 1795 BB-14 only (PCGS # 6854) .
Estimated Value $20,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$18,975 |
Lot 5005 |
 |
1795 B-4, BB-14 Flowing Hair 2 Leaves Rarity 3. NGC graded AU-58. Subset of PCGS # 6853. Condition Census. On this obverse, star 15 is "hidden " entirely under the bust, where, anthropormorphizing Miss Liberty, she cannot "see" even a part of it; the only 1795 obverse with this characteristic. Flowing hair in six curls; lowest curl ends faintly above two points of first star, and close to one point. Close date, figures 9 and 5 closest, and the distance between the 1 and 7 about the same as between the first star and figure 1. Obverse die used to strike 1795 BB-14 only.
Combined with Reverse C die used to strike 1795 BB-13 and BB-14.
1795 BB-14 is one of the more readily available issues of the year. The specialist will have no trouble acquiring a specimen in just about any grade up to VF. At the EF level, BB-14 becomes somewhat elusive, but a specimen in this grade can usually be acquired easily with less than a year's search. AU coins are rare, and Mint State examples are very rare.
According to the Bowers encyclopedia, "The rims on this issue are higher than most other 1795 dollars, giving them a somewhat more "modern" appearance than the typical variety of this year. Planchet adjustment marks are not often seen on BB-14. A few pieces I have seen have had black carbon streaks, the result of improper alloy mixing. Probably a batch of 1795 BB-14 dollars was made from an impure alloy melt.
"The only known 1795 dollar overstruck on a previously coined 1794 is of the BB-14 variety and is described at length below. This suggests that 1795 BB-14 was probably included among the first dollars minted in 1795. As such it helps verify the varieties listed in Striking Period 1 were the first struck." Pop 1; none finer at NGC for the variety. Just a single mint state example is known of the B-4, BB-14 dollar. That marvelous specimen has been graded by PCGS as MS62+, and it is currently impounded in a long term collection, and thus unlikely to be available to collectors within the foreseeable future.
Dr. Hesselgesser's Comment: This is the finest BB-14 that I have seen over the last 40 years!
Estimated Value $30,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
| Realized
$33,350 |
Lot 5006 |
 |
1795 B-4, BB-14 Flowing Hair 2 Leaves Rarity 3. PCGS graded VF-20. In an Old Green Holder. Each side exhibits deep antique grey toning. A pleasing Circulated example. Muted surface color that rises and falls across the design from lighter to medium (but no deeper) shades. A couple of very tiny marks present (acceptable for this mid-range grade), while rims are complete, dentils full, and the central positioning of the designs in the field give it all that it needs to attract attention from the myriad possible buyers (PCGS # 6852) .
Estimated Value $5,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$5,060 |
Lot 5007 |
 |
1795 B-20, BB-16 Flowing Hair 2 Leaves Rarity 8. PCGS graded VF-35. Subset of PCGS # 6853. In a new secure plus holder. Condition Census #1 of only 3 known specimens. This piece is the only gradeable BB-16 example. The other known pieces are damaged. An exquisite rarity. Both sides display impressive bluish steel toning with golden accents. A lovely example of this elusive item. Pop 1; none finer at PCGS for the variety.
The Hesselgesser Bust Dollar Collection is historically significant in that the quality of these first silver dollars struck by the U.S. Mint is amazing. The current collection contains a nearly complete set of varieties, many of which are the finest known. This is notable because the variety series for early U.S. dollars is difficult to obtain in grades of Extremely Fine or higher. The Hesselgesser Collection has drawn rave reviews whenever it has been displayed. An amazing number of the coins qualify as condition census according to the Bowers-Borckardt silver dollar book or more recent references. The originality of these coins is remarkable in toning, luster and overall eye appeal while adjustment marks are minimal.
The present offering is the famed B-20, BB-16 Flowing Hair dollar. Diagnostics include a perfect curl that touches the inner point of star 1; there is a die scratch from a denticle left of A2. At a glance a specialist will recognize the obverse die, with the delicate curls on Liberty and much more artistic rendering of her profile than on other varieties this year. This obverse die was paired with a three leaves reverse, a variety which is fairly common. However, the obverse die was also paired with this reverse, which was used on the B-8, BB-15 variety which is extremely rare, and the B-20, BB-17 variety which remains unique.
Again, we are honored to offer one of the great rarities in American numismatics, and also one of the most elusive Bust dollars of them all. There are three examples of this die marriage know. The variety first came to light when a low-grade example sold in a Lester Merkin February 1972 sale. That particular coin was graded as Fine-15 in the Bowers Borckardt Encyclopedia. A second specimen was auctioned by Bowers and Merena in 1997. Jules Reiver purchased this coin privately from the Cardinal Collection (via Early Dollar specialist John Haugh) in 1998. That coin is holed. A third example was discovered and auctioned in March of 2000 by Bowers and Merena, but this coin also has initials in the fields. A great rarity and a desirable coin as the only example certified by one of the major grading services, and clearly waiting for a strong buyer to step up to the plate and submit a winning bid. It may require a very substantial source of funds to do so, but the next owner will have the honor (and prestige) of attaching his name to the Provenance record of this, the finest B-20, BB-16 1795 Flowing Hair Dollar of them all!
Of particular interest to the specialist in this series is the fact that most of the known examples of these extremely rare die pairings are damaged to some degree, often with initials in the fields or holes, or both. Furthermore, several are double struck. This raises more questions with each new specimen that turns up. Why are so many of the surviving examples of great rarities damaged, double struck or holed? The number of damaged coins seems to vastly exceed the norm for the date or period. Collectors of die varieties would love to have a selection of high grade pieces to choose from to represent each pairing, but this is simply not the case especially for the rare 1795 and 1796 varieties. Thus, any collector who desires to own an example of this rarity would do well to secure this perfect coin (PCGS # 39983) .
Estimated Value $75,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$94,875 |
Lot 5008 |
 |
1795 B-7, BB-18 Flowing Hair 3 Leaves Rarity 3. PCGS graded AU-58 PQ. In an Old Green Holder. Condition Census. A superlative example of this desirable variety. This coin was struck with such precision that it is hard to believe it is from the 18th century! Razor sharp devices and shimmering luster leave the viewer breathless while looking at this astounding creation. Tremendous pizzazz.
A remarkably memorable coin that at one and the same time is a highlight specimen of this date as well as its variety. Thoroughly frosty and largely untoned, with just a faint ghost of golden color. The luster is spectacular and extensive, especially satiny on the reverse. Only the uppermost portions of the design show it retreating before some slight circulation war (notably, the hair above Liberty’s ear). The strike is definitive, with full centers to each star and exquisite detail everywhere but absolute centers. Centering is outstanding as well. No adjustment marks seen. The strike is bold enough and the freshness in the fields is pronounced enough that it is perhaps unsurprising the grading service awarded the coveted AU58 grade. No contact marks, even minor ones are visible. In terms of quality, this is the sole occupier of its category. Its technical detail, suitability for purchase, and impeccable aesthetic appeal make this a natural choice for a Bust Dollar collector. Pop 1; none finer at PCGS for the variety (PCGS # 6852) .
Estimated Value $40,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$57,500 |
Lot 5009 |
 |
1795 B-2, BB-20 Flowing Hair 2 Leaves Rarity 3. PCGS graded AU-53. Subset of PCGS # 6853. In a new secure plus holder. A medium dark gray and smooth specimen with a gradation of natural toning on both sides which becomes lighter as it progresses to the high points of the design (Liberty and the eagle). The contact from the dies is virtually complete, except perhaps a hint of weakness as seen on the upper hair waves. Regarding the rims, these are fully formed, have complete and balanced dentils, and are free of injury. The stars are all sharp. Some are thinner than others (those on the left in particular), but each comes to a needle-like point. All legends crisp.
This die marriage uses the obverse from 1795 BB-19 and BB-20 paired with the reverse die used to strike 1795 BB-20, BB-21, and BB-24. The reverse has two leaves under each wing. A leaf ends directly below the center of the first S in STATES and another leaf ends just under the left corner of the upright of E in STATES. The wreath is delicate, leaves small, berries large. 19 berries arranged nine left, 10 right. Paired berries opposite I in UNITED, opposite A in STATES, under leaf below O in OF, and opposite I in AMERICA, on both inside and outside of wreath. One of these large berries is below right corner of I in UNITED, another below left corner of I in AMERICA. This is one of just two 1795 reverses with two berries inside the branch near the eagle's tail (the other die is that used to coin 1795 BB-15 and BB-16). This reverse die bears a very close relationship with the reverse used to coin 1795 BB-15 and 20, and another die used to coin BB-23, and must have been prepared by the same person about the same time. The Finest Certified. Pop 1; none finer at PCGS for the variety (PCGS # 39985) .
Estimated Value $20,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$22,800 |
Lot 5010 |
 |
1795 B-1, BB-21 Silver Plug Flowing Hair 2 Leaves Rarity 2. PCGS graded AU-53 CAC Approved. Subset of PCGS # 6854. In a new secure plus holder. Fully toned in pale golden lilac and intermingled gray shades. An aesthetic prize that is the byproduct of decade after decade of careful stewardship. Well struck with full star centers and only a bit of flatness in the hair curls and an oval of softness on the eagle's breast. No marks, substantial, minuscule, or otherwise yielding what most would describe at truly pristine fields. A few individual adjustment lines are present atop the reverse eagle, and when magnified scrutiny will reveal most have disappeared as the eye moves away from the center.
This coin (were it not for the silver plug) would lie within the Condition Census for the variety or very close to it. During the pre-1993 research for the Bowers Encyclopedia, one piece included in the listings of "notable specimens" was a MS-64 and second finest known. The Stackís 1984, Stackís 1990, and 1945 Boyd coins all appear to be nice Mint State pieces, but after those few the Census becomes quickly engulfed with pieces in the AU range. However, collectors like to separate the few specimens With Silver Plug into a special side category, and for obvious reasons!
Variety Notes: BB-21 represents one of several varieties with the two-leaves reverse and the Head of '95 obverse. On the obverse, Liberty's lowest curl is nearly closed and touches a point of star one, visually extending that star point. The reverse displays 19 berries on the wreath, nine on the left branch and 10 on the right, with three berries beneath the eagle's wing on the left and four berries beneath the wing on the right (including one berry on the outside right, below the I in AMERICA). Pop 1; none finer at PCGS for the variety (PCGS # 39994) .
Estimated Value $70,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$71,875 |
Lot 5011 |
 |
1795 B-1, BB-21 Flowing Hair 2 Leaves Rarity 2. PCGS graded AU-58 PQ. CAC Approved. Subset of PCGS # 6853. In a new secure plus holder. A worldly measure of pouring silvery luster livens up the wide expanse of neutral dove-gray surface on this exquisite specimen of the normally available (but rare in this condition) BB-21 2-leaves Flowing Hair. The fields are for all intensive purposes immaculate, while the strike is intrepid enough to call for special mention. Note in the photographs, if you arenít fortunate to be able to examine this specimen before bidding, how Libertyís hair stands out in sharp dimensions above her head. It is possible to pick out each strand, including the backward swooping waves at the temple and above the brow. All stars are full with the possible exception of Star No. 1 and a portion of Star 2. Rims are bold with complete dentils.
When describing the reverse,one could easily use the venerable term: Ditto. But here too, it pays to describe the detail more fully. For instance, the eagle has a complete eye, a line defining the separation between upper and lower beak, nostril (is this what it is called on a birdís beak? Breathing hole?), and almost full wing and tail feathers. Some breast details are indistinct. But this is the rule, almost never the exception on the Flowing Hair pieces. The wreath is complete and finely detailed as well, with letters in the legend clear. The color, as we said, is mainly light neutral to dove-gray over both sides. Very becoming. Free from marks or toning spots; free from streaks; above-and-beyond the call of duty for this outstanding grade of AU58. We thoroughly agree with the CAC approval rating.
In average condition, BB-21 is very common. Employing Obverse 6, the hair ends in five prominent curls, with a thin faint additional curl below the third curl from the top. The innermost point of star 1 just touches lowest curl. The curl continues upward to half close the loop. The head high and closer to LIBERTY than on most other obverses. The date is wide, with more space between 1 and 7 than other figures. The 7 in the date was repunched over an erroneous 1, prompting some to catalogue the variety as 1795 over 1195. This is diagnostic. (This die bears a very close resemblance to the die used to coin BB-15; especially with regard to the high position of the head and the relationship of the hair curl to the first star.) This die was used to strike 1795 BB-21, BB-22, and BB-23.
The long-lived Reverse G has two leaves under each wing and was used to strike 1795 BB-20, BB-21, and BB-24.
In referencing the varietyís rarity, Bowers considers BB-21 to be "second only to BB-27 in terms of its widespread availability." Still this means that there are only 1,000 to 2,500 coins of this variety thought to exist.
Pop 1; none finer at PCGS for the variety (PCGS # 39986) .
Estimated Value $40,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$63,250 |
Lot 5012 |
 |
1795 B-10, BB-22 Flowing Hair 2 Leaves Rarity 7. PCGS graded AU-58 PQ. CAC Approved. Subset of PCGS # 6853. Condition Census. In a new secure plus holder. This coin was previously graded MS61 by NGC. Second year of issue and a rare die pairing. Liberty facing right, flowing hair behind her head, LIBERTY above, date below, with stars arranged eight to the left and seven to the right. Reverse with eagle perched on a rock, enclosed by a wreath, open at the top, and with three leaves projecting upward beneath the wing of each eagle.
The Flowing Hair type dollar was short lived and was produced only in 1794 and 1795. No doubt a greater mintage would have occurred in the former year, except that a press of insufficient capacity was all that was on hand, and the coins could not strike up satisfactorily. Accordingly, mintage in quantity was postponed until proper equipment could be obtained. The Flowing Hair dollars encompass many interesting die varieties.
BB-22 is a landmark rarity. On the obverse, the numeral 7 is repunched over a 1; on the reverse, there is an outer berry below C and an inner below the final A in AMERICA. The surfaces are immaculate and beautifully toned, with a thin layer of gold toning over the underlaying medium gray. Remarkable is the strike which, save for a few dentils in the eagleís breast is far from typical for this variety. That is to say, devices are bold throughout. Whatís more, there are no adjustment marks, which puts this in the lead for those who would prefer not to see parallel lines in the surface of their coins. The adjustment marks came about before the coin was struck. But because there are none here, weíll omit describing how commonplace they are to early Flowing Hair dollars and save our description for another consignorís coin that may involve them.
This particular specimen shows strong feathers on the eagle's wings and tail. Problem-free surfaces for the grade assist anyone in making the major decision whether or not to bid. With no other significant nicks or bumps and even devoid of the usual handling marks, this coin is a leader in its class.
Variety collectors will learn that the 1795 silver dollars are one of the most challenging in the series to complete by variety. Of these known 22 varieties, one is believed to not exist (B-17), and another nine die pairings are considered to be R.7 to unique! And several of these are known with the curious "silver plug" located at the center of the coin.
A wonderful opportunity for the Variety Set collector to acquire one of the highest-quality examples of this important early coin. Pop 2; none finer at PCGS for the variety. This is the Finest Known of the die marriage by at least 30 points. This remarkable coin deserves a Mint State grade. While the PCGS Population shows 2 in AU58 for the variety, BOTH represent this one coin. There is no other AU58 (or higher) coin for the variety. Although not as obvious as in the BB-11 example offered in this collection, this coin displays some evidence of a mint-inserted silver plug; so, while the coin has not been certified as such, prospective bidders should examine the coin closely to come to their own conclusion (PCGS # 39987) .
Estimated Value $90,000-UP.
Ex: WGC/F.C.C. Boyd; Ex: Harold Bareford; The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$97,750 |
Lot 5013 |
 |
1795 B-13, BB-24 Flowing Hair 2 Leaves High Rarity 5. PCGS graded MS-62. Subset of PCGS # 6853. In a new secure plus holder. Condition Census. A magnificent natural gray example with a luxurious display of old-silver color and sheen on both sides. Some areas are lighter, others have more fully captured the essence of how silver as a metal develops toning when left on its own over two centuries. Nicely impacted by the dies, as well, perhaps not fully so at the eagleís head, chest and wings, but still well enough that its attraction is enhanced by the fact of this being the finest reported example. Rims have large, complete dentils. All legends crisply defined, as is the wreath. And whereas the obverses on some Flowing Hair dollars show little hair definition, this specimen is the antithesis: every hair strand is clearly defined. Libertyís eye, eyelid, and even the pupil in the eye are clearly there. Study it with a glass. Marvel at its workmanship. And then marvel again to think this coin was made over 215 years ago under conditions we Moderns might consider primitive in the extreme! Something for the connoisseur. One for the record books. Pop 1; none finer at PCGS for the variety. The Finest Known BB-24.
A very scarce Flowing Hair variety, and the finest specimen recorded. Concerning BB-24 in general, it is believed that "somewhere between 100 and 150 exist, most of which are in relatively high grades for a 1795 issue," this according to the Bowers encyclopedia of Bust Dollars. "In this regard, BB-24 is in sharp contrast to BB-26, the latter of which is usually seen in Fine. Most 1795 BB-24 dollars are in better grades such as VF or EF, or even finer." While Bowers thinks 100 to 150 examples exist it appears more likely that only 30 to 40 pieces have survived.
This important 2-leaves B-13, BB-24 variety shares Obverse 4 with BB-25. Libertyís flowing hair end in six curls, of which the 3rd and 4th are close together; the lowest curl barely misses a point of the first star, but continues on to touch and slightly pass a second point of the same star. The second curl from bottom turns downward pointing to the space between two points of the second star. Date is wide, with 79 closest. The E in LIBERTY punched over an earlier erroneous R [diagnostic]. The Y in LIBERTY is higher than the adjacent T, with the foot of R in LIBERTY shortened from a broken punch. The obverse is combined with Reverse G, with two leaves under each wing, which was paired with BB-20 and BB-21 before itís use here on BB-24.
Interestingly, Bolender knew of only three coins! "All things considered, the 1795 BB-24 dollar is an excellent variety for further research. Why are most specimens in higher grades? How many are known to exist?" [Bowers] (PCGS # 39989) .
Estimated Value $80,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$87,000 |
Lot 5014 |
 |
1795 B-6, BB-25 Flowing Hair 3 Leaves Missing Leaf Rarity 8. PCGS graded EF-45. Subset of PCGS # 6852. In a new secure plus holder. Condition Census. Attractive prooflike surfaces. Pop 1; none finer at PCGS for the variety. The only example graded at PCGS of this intriguing variety. Please compare areas that are boxed on the reverse of the regular BB-25 and the missing leaf BB-25.
Flowing hair in six curls, 3rd and 4th close together; lowest curl barely misses a point of first star, but continues on to touch and slightly pass a second point of same star. The second curl from bottom turns downward pointing to space between two points of second star. Wide date, 79 closest. E in LIBERTY punched over an earlier erroneous R. The Y in LIBERTY is higher than the adjacent T. Foot of R in LIBERTY shortened from a broken punch. Obverse die used to strike 1795 BB-24 (early state) and BB-25 (early and late states).
Three leaves under each wing of eagle. 13 berries, seven on left branch, six on right. Two berries under first T in STATES, one on inside and one on outside of wreath. Die State I has three leaves visible below first S of STATES. Die State III with four leaves; also used in its later state to coin BB-26 and BB-27, each of which has four leaves beneath the first S of STATES.
Reverse die used to strike 1795 BB-25 (two states; Die State I with three leaves and Die State III with four leaves under first S in STATES), BB-26 (later state with four leaves under first S in STATES), and BB-27 (later state with four leaves under first S in STATES).
Die State I: Two specimens are known to the writer. The first is Frank M. Stirling's discovery piece, which from the illustration in The Numismatist appears to be EF. The second is that included in Stack's sale of the Spies Collection, December 9-10, 1974, Lot 19, and described as prooflike EF, with a few faint scratches between the 1 and 7 of the date.
Die State II: Transitional state. Not seen by the author.
Die State III: It is believed that 201 to 500 specimens of 1795 BB-25, Die State III, exist, most of which are in lower grades through VF.
The rims are usually indistinct in portions, with some areas appearing flattened; weakness is usually seen at the rim beginning about the 8th star and continuing over LIBE, and from the 13th star, the date, to the 1st or 2nd star; on the reverse, the weakness is most often seen at the rim above UNI and OF AME. Most specimens are weak at the obverse center in the area of Miss Liberty's ear (which is usually not visible), and on the eagle's breast.
In the opinion of Early Dollar expert Martin Logies, the re-working of the reverse die following this early die state is so extensive that the "Die State I" examples should be recognized as a separate die variety.
This is the discovery coin made by Frank Stirling in 1952. At the time it was given a separate Bolender number 18 but then was found to be a die state of B-6. Now this is where it gets tricky. The three leaf or missing leaf is located on the reverse under the first S in STATES! This reverse A was used for only a short time - ONLY TWO SPECIMENS HAVE BEEN FOUND - the original Stirling specimen and the Spies's specimen sold in 1976 which has never been seen since! The Missing Leaf was called this because it was once believed that the common 4 leaf variety was struck with some material plugged in the fourth leaf making it disappear (see Bowers and Borckardt's Book). This is NOT TRUE as noted in the July 2007 issue of the, "Rare Coin Market Report" where John Dannreuther goes through the sequence of die varieties used! The Missing Leaf was the first use of the obverse and reverse followed by use in the B-13, BB-24 (Obverse used but with significant changes in the DATE, especially 795); B-12, BB-26 (Reverse B used now with an added 4th leaf under first S in STATES); B-5, BB-27 (same 4 leaf Reverse B); and THEN back to the B-6, BB-25 but with the reworked Obverse and the added 4th leaf Reverse B. So does this make it a different variety? I say it does! PCGS even gave it a different #148300 as oppose to the usual B-6, BB-25 #39975! Rarity 8. The finest of the two known and the Frank Stirling Discovery Coin.
Estimated Value $100,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
| Realized
$100,625 |
Lot 5015 |
 |
1795 B-6, BB-25 Flowing Hair 3 Leaves Rarity 3. PCGS graded AU-53. Subset of PCGS # 6852. In a new secure plus holder. Finest Certified. Condition Census. This is a somewhat confusing die variety because of the two dies states found on the reverse. The coin in Dr. Hesselgesser's collection is from Die State III with four leaves below first S in STATES. An elevated degree of sharp detail springs forth from the sleek medium gray surfaceslighter gray highlights. Never yielding at the obverse or the reverse, more detail can be found there than on the typical example of the date. A rock-solid coin that will advance any high quality set of early Silver Dollars.
Three leaves under each wing of eagle. 13 berries, seven on left branch, six on right. Two berries under first T in STATES, one on inside and one on outside of wreath. Die State I has three leaves visible below first S of STATES (early state of die, probably with 4th leaf depression in die filled with foreign matter). Die State III with four leaves; also used in its later state to coin BB-26 and BB-27, each of which has four leaves beneath the first S of STATES.
Reverse die used to strike 1795 BB-25 (two states; Die State I with three leaves and Die State III with four leaves under first S in STATES; presumably, one of the leaf recesses in the die was clogged, thus preventing one leaf from striking up), BB-26 (later state with four leaves under first S in STATES), and BB-27 (later state with four leaves under first S in STATES). Pop 1; none finer at PCGS for the variety (PCGS # 39975) .
Estimated Value $30,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$29,900 |
Lot 5016 |
 |
1795 B-12, BB-26 Flowing Hair 3 Leaves Rarity 5. PCGS graded EF-40. Subset of PCGS # 6852. In a new secure plus holder. Condition Census. Medium silver gray surfaces intermingled with light rubbed silver high points on the design, combining to create an attractive mélange. Outstanding mark-free originality and detail, including peripheries. And where you would expect to find some adjustment marks, there are none, a singular blessing.
Though rare as a variety, this piece is also struck from a rare die state that shows a strong vertical crack from central obverse through the angle of the 7 in the date to the rim. Bolender owned a worn specimen, the only one he knew of, that came from the famous 1907 Matthew Stickney sale by Henry Chapman. The Flannagan collection contained a piece described as Fine with dents, and Bolender and Reiver both called the die state Rarity-7. Breen, cataloger of the 1973 Superior sale which featured lots pedigreed to the Ostheimer Collection, knew of only the piece in that collection and one other as examples of the terminal state. Regardless of its die state, the present specimen ranks as the apparent finest known specimen, the only piece finer than Bolender's EF early die state coin and the Vfs and Fines that fill the rest of Bowers'"notable specimens" list. An important specimen on several counts.
Variety Notes: BB-26 represents one of several varieties with the three-leaves reverse and the Head of '95 obverse. On the obverse, Liberty's lowest curl is open, touches a point of star one, and continues beyond. The reverse displays 13 berries on the wreath, seven on the left branch and six on the right, with three berries beneath the eagle's wing on the left and two berries beneath the wing on the right. Pop 1; none finer at PCGS for the variety (PCGS # 39976) .
Estimated Value $20,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$24,150 |
Lot 5017 |
 |
1795 B-12, BB-26 Flowing Hair 3 Leaves Rarity 5. PCGS graded VF-25. Subset of PCGS # 6852. In a new secure plus holder. EDS. Previously graded VF30 by NGC. A more than moderately smooth and attractive specimen light gray surfaces and a confident, no-compromises look of careful preservation by its former owners. Everything you would want from the grade, and probably then some.
1795 BB-26 is believed to exist to the extent of 31 to 75 coins, most of which are in lower grades up to and including VF. Fine grade seems to be about par for this variety, an issue which must have circulated very extensively. The variety is very rare EF and unknown in Mint State. Any specimen which grades EF or higher is Condition Census level. The absence of the obverse die crack is quite desirable. This reverse is also used in the BB-27 and BB-25 (PCGS # 39976) .
Estimated Value $7,000-UP.
Ex: Jules Reiver Collection; The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$6,900 |
Lot 5018 |
 |
1795 B-5, BB-27 Flowing Hair 3 Leaves Rarity 1. PCGS graded AU-58. Subset of PCGS # 6852. In a new secure plus holder. A desirable coin in any About Uncirculated grade, and this top-end AU58 example will certainly generate the requisite amount of excitement when it crosses the block. Toned with delicate gray over the smooth surfaces, with Liberty's head a touch sharper than average with strong hair accents on temple and above the ear; all is framed with even dentils on both sides. The fields and devices are remarkably clean for a Flowing Hair dollar, and anyone who gives this more than a swift glance examining the fields and devices will assuredly be thrilled with the superior quality found here. The fields and devices show residual luster from the original die polish used to prepare the dies for coinage. Devoid of adjustment marks. Identifiable by a small horizontal flaw below the L of LIBERTY on the obverse, and a lighter flaw or mark on the reverse at the eagleís thigh. A magnificent coin for the specialist, which boasts grand eye appeal, top-notch conservative grading quality and a boldness where it counts; all qualities desired but seldom seen in these large Flowing Hair crowns of the world. This is considered to be the most available die pairing of the year, but due to the condition, the present coin is a stand-out and will certainly rank within the top 100 coins of this date. Desirable Three Leaf reverse. (This die pairing produced an estimated 100,000 coins, which is as high as any pair of dies from the first decade at the Mint.) Pop 2; 1 finer in 64 for the variety.
In the opinion of Martin Logies, "This is a truly extraordinary coin, FAR superior to what is typically seen as graded AU58. While the coin does display what may be described as "high-point friction," it otherwise displays all of the luster, eye appeal, and freedom from surface marks of specimens grading MS64" (PCGS # 39977) .
Estimated Value $75,000-UP.
Ex: Garrett Collection; The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$86,250 |
Lot 5019 |
 |
1795 B-5, BB-27 Flowing Hair 3 Leaves Rarity 1 Obverse Double Struck. PCGS graded EF-45. Subset of PCGS # 6852. In a new secure plus holder. Taking into account that the obverse is double struck this coin is considerably more scarce than the rarity of the BB variety indicates. A sleek, original toned example whose medium gray patina goes nicely with clear features on Liberty and the eagle and almost ostentatious eye appeal from never having been mishandled in any way. Former owners must have realized this is a special coin. Don't mind the hint of weakness at the hair above Libertyís ear for this is typically seen due to the high relief of the head punch used, and has been taken into consideration by the grading service. Picture-perfect rims serve to form a frame around the coinís exquisite artistic features.
("As is the case with the obverse die used to coin BB-21, BB-22, and BB-23, the present obverse had the head of Miss Liberty deeply impressed into the die, causing it to be in slightly higher relief than other varieties of the year; because of this, the hair details wore away quickly as the coins circulated." -- Bowers encyclopedia. Pop 3; 11 finer at PCGS for the variety (PCGS # 39977) .
Estimated Value $20,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$19,550 |
Lot 5020 |
 |
1795 B-14, BB-51 Off-Centered Draped Bust Rarity 2. PCGS graded AU-58. Subset of PCGS # 96858. In a new secure plus holder. A well struck example of what is believed to be the very first die in any American denomination to display Gilbert Stuart's Draped Bust motif. On this obverse, one of two used in 1795, the head of Liberty is set too far to the left. On the next die, BB-52, the positioning was rectified by moving her to the right. The present piece is very well struck on both sides, showing nearly all details, save for a few areas of trivial lightness, mostly on the eagle. No adjustment marks are seen, hence, the center and peripheral areas are finely displayed to the pleasure of all numismatic aficionados. Satiny luster is present on both sides, stretching into the field, with original light silver-gray toning. This variety is seldom seen available in Mint State. How marvelous this opportunity is to acquire a near Mint State with much better qualifications than many that are Mint condition! Pop 2; none finer at PCGS for the variety (PCGS # 39996) .
Estimated Value $30,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$35,650 |
Lot 5021 |
 |
1795 B-15, BB-52 Draped Bust Rarity 2. PCGS graded MS-61. Subset of PCGS # 6858. In a new secure plus holder. Toned yet deeply lustrous, quite well struck save for some details on the eagleís leg, and very attractive overall. A gorgeous Draped Bust, Small Eagle 1795 that will be of great interest to the die variety specialist as well as the type set collector. Few comparable examples exist of the Centered Head variety in Mint condition.
On the reverse several cracks and die characteristics are especially noted, including a crack from the left border above D (UNITED) touching the lower left serif of the first S (STATES), continuing into the leaves. At the right near the border, past F (OF) are some raised islands.
1795 introduced the new Draped Bust design, believed to be the work of portraitist Gilbert Stuart, who prepared sketches that were translated to plaster models by John Eckstein, an artist at the Mint. Records show that Eckstein was paid $30 for "two models for dollars" on September 9, 1795. This may refer to the coin of this new design. The date these coins were first struck is unknown, and the last date of their coinage is also unknown, perhaps continuing into 1796. Pop 1; none finer at PCGS for the variety (PCGS # 39995) .
Estimated Value $50,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$50,400 |
Lot 5022 |
 |
1796 B-4, BB-61 Small Date Large Letters Rarity 3. PCGS graded AU-55. Subset of PCGS # 6860. In a new secure plus holder. Delicate surfaces are untouched by spotting or marks on this intensely pleasing Draped Bust, Small Eagle dollar, the light to medium gray toning graces satiny and dynamic surfaces. Since our observation is that this date is often well struck, then this sharp coin has every suggestion of precision manufacture as seen in hair curls, the drapery folds, as well as the plumage on the eagleís wings. Light detail down the leg as always; full leaves in the wreath, however.
Late in the year 1795 the Draped Bust obverse with Small Eagle reverse was adopted for silver dollar coinage. Artist Gilbert Stuart, contemplating the Flowing Hair motif, remarked in 1795 that "Liberty on the other coins had run mad. We will bind it up and thus render her a steady matron." Accordingly, Stuart created what we know today as the Draped Bust obverse motif.
The new design depicted the draped bosom of Liberty facing right, the word LIBERTY above, the date below, and stars to left and right, on the obverse. The reverse showed an eagle perched on a cloud within a wreath composed of an olive branch to the left and palm leaves to the right, tied with a bow at the bottom. The inscription UNITED STATES OF AMERICA surrounds, with particularly wide spacing between the words.
The 1796 BB-61 dollar is the most common variety of the year. Most are in middle circulated grades, with VF being the median. EF coins turn up with regularity in dealers' stocks and auctions and make a nice "type" coin. In AU or better grade 1796 BB-61 is very rare. Pop 1; none finer at PCGS for the variety (PCGS # 40000) .
Estimated Value $30,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$30,000 |
Lot 5023 |
 |
1796 B-4, BB-61 Draped Bust Small Date Large Letters Rarity 3 PCGS graded Genuine. Subset of PCGS # 6860. Our grade is sharpness of AU55. Medium gray toning with some silvery aspects to it. Well struck for the date, with bold reverse details present, much closer to 100% "full" than can be said about most others of this variety or, for that matter, most other Small Eagle issues of any variety! Fully struck coins of this date are rare. Broad dentils characterize many 1796 (and 1797) Small Eagle silver dollars.
Henry DeSaussure, the Mint Director, responding to criticisms of the Robert Scot design of the Flowing Hair style used in 1794-95, had a new obverse made based upon a drawing by Gilbert Stuart, the prominent portrait artist whose Washington likeness appears on the $1 bill. It is believed the model for the obverse was Mrs. William Bingham, a famous belle of the day and friend of both Washington and Jefferson. The dies were done by Jacob Eckstein, a German-born specialist, in September to October 1795; he was probably responsible for the redesign of the reverse as well which was undertaken at the same time.
The revised reverse quite possibly was designed to allow fuller striking of both sides with the new obverse; the old reverse would have been so placed as to leave the eagle almost headless on most normal strikes.) The first strikes of the new design took place in October 1795. By 1796, full production of the Draped Bust, Small Eagle coinage, from half dimes to silver dollars, commenced, although in small numbers by todayís high production levels.
BB-61 is a popular adjunct to early Silver Dollar collecting. The obverse has a small, wide date with 96 close and the 6 tipped to the left. A raised "dot" or die flaw is present over the 1 in the date and closest to the bust, a tiny extra projection or flaw extending from the space at the bottom of star 11. This and the obverse used to strike BB-66 are believed to be the first two obverse dies cut in 1796, and have the lower right tip of the R in LIBERTY intact.
Reverse A consists of large letters in the legend. AMER are crowded and touch at their bases. Eight plain berries in wreath. There is a berry under the first T in STATES. Two leaves are beneath the eagle's right (to observer's left) wing, these having been added by hand in front of the cloud. A small defect in the field is attached to two denticles below, and slightly left of, the left ribbon end. This die is from the same hub used to create 1795 BB-51 and 52, but on 1796 BB-61 is not as strongly impressed, with the result that the eagle's breast feathers are rarely bold. Reverse die used to strike 1796 BB-61 only (PCGS # 40000) .
Estimated Value $8,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$8,338 |
Lot 5024 |
 |
1796 B-3, BB-62 Small Date Small Letters Rarity 8. PCGS graded Fine-15 PQ. Subset of PCGS # 6859. In a new secure plus holder. This coin was previously graded VF25 by NGC. Condition Census. This piece is one of two BB-62 examples known to exist. This uses the obverse having made the transition to Die State III of 1796 BB-61. The stars are small and the last two or three are spidery. Curl on top of the head defective. Relapping removed part of Liberty's top curl, and some of the part of the stars in lower relief, making them appear smaller. This obverse was used to strike 1796 BB-61 (early state) and BB-62 (late state).
BB-62’s reverse (described in the Bowers encyclopedia under 1795 BB-51), has a Small Eagle. Small Letters in legend combination. The eagle stands on clouds, while below and to the sides, the wreath is composed of a palm branch (right) and olive branch (left), the latter with seven berries. A short, prominent die scratch extends up to left from tip of right, inside leaf below (observer's) left wing. Berry under A of STATES; a quick way to identify this reverse.
"Bolender reported that some letters were bifurcated on examples he had seen of 1796 B-3 [BB-62], and thought this meant that the die had been "touched up" (however, bifurcation is an idiosyncrasy of striking, and has nothing to do with the die variety or state)," explains Bowers.
Reverse die used to strike 1795 BB-51; 1796 BB-62, BB-63, and BB-66 (now relapped); 1797 BB-72; and 1798 BB-81.
Bolender wrote this in 1950: "While many 1796 dollars have been listed as [B-3; BB-62], this has been erroneously done. I have purchased a dozen or more [B-3; BB-62], every one of them wrongly attributed. Only three specimens are known to me."
The rarity of 1796 BB-62 approaches legendary proportions. In fact, it has kept out of sight so well that many specialists have never seen an example. The fifth revised edition (1988) of Bolender's The United States Early Silver Dollars noted the following: "Most experts now question whether this variety actually exists."
In a conversation, Jules Reiver related that over the years a dozen or more 1796 "Bolender-3" dollars have been offered to him, but without exception they were all misattributed." I don't believe that B3 [BB-62] exists," he concluded. Pop 1; none finer at PCGS for the variety.
Estimated Value $50,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
| Realized
$60,375 |
Lot 5025 |
 |
1796 B-2, BB-63 Small Date Small Letters Rarity 4. PCGS graded VF-35 PQ. CAC Approved. Subset of PCGS # 6859. In a new secure plus holder. Always weakly struck. Original dappled gray specimen with faint golden zephyr-like wisps of iridescence on both sides. Adequately struck for the date which in most instances tends to have weak areas on both sides due to uneven striking, certainly well within the range given the coin by the graders and worthy of strong bidder consideration. The detail present indicates that of an XF+.
Estimated Value $10,000-UP.
Ex: John Whitney Walter "Mr. 1796" Collection; The Dr. Hesselgesser Collection.
View details and enlarged photos
| Realized
$10,063 |
Lot 5026 |
 |
1796 B-5, BB-65 Large Date Small Letters Rarity 4. PCGS graded AU-55 PQ. CAC Approved. Subset of PCGS # 6861. In a new secure plus holder. Condition Census. The Choice AU representative in this lot is an important condition rarity that should see spirited bidding among early Dollar collectors. Much of the smooth original surface remains, the fields mostly satin-gray and gold in sheen with modest hints of brightness evident at different angles. Golden-gray tinting is a hallmark of the well cared for early silver coin, as are devices that are generally bold in detail despite light highpoint rub. None of the usual abrasions are noted, in fact, the coin is extraordinarily clean and fresh appearing. We expect a commensurate price. In sum, this is an attractive About Uncirculated 55 survivor from a well-centered impression. Pop 3; 1 finer in 58 for the variety (PCGS # 40002) .
Estimated Value $20,000-UP.
Ex: Cardinal Collection; The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$36,800 |
Lot 5027 |
 |
1796 B-1, BB-66 Small Date Small Letters Rarity 4. PCGS graded AU-58 PQ. CAC Approved. Subset of PCGS # 6859. In a new secure plus holder. Condition Census. An extremely rare coin in AU58 condition, and certainly one of the very finest in existence. The surfaces are pleasing for the grade, with smooth fields (no nicks or defects). The surface is toned a light gray with darker antique flecks tucked into, around, and throughout the devices. The color is well balanced on the obverse and reverse. A boldly struck coin that shows mostly sharp stars (the two nearest Y of LIBERTY coming up a bit short, and strong feather definition on the eagleís upper body and wing. This is truly a tremendous BB-66 coin, not only for the grade but for the strike, color and quality.
Small date with the 9 and 6 closer together than other figures. Highest wave of hair under upright of E; second highest wave under and slightly to the right of the middle of R. This obverse bears a close resemblance with that of BB-63, and specimens should be compared to it. This and the obverse die used to strike BB-61 and BB-62 were the first two obverse dies cut in 1796, and have the lower right tip of the R in LIBERTY intact. Mated to the reverse 1795 BB-51. Wreath is composed of a palm branch (right) and olive branch (left), the latter with seven berries. A short, prominent die scratch extends up to left from tip of right, inside leaf below (observer's) left wing. Berry under A of STATES; a quick way to identify this reverse. Pop 1; none finer at PCGS for the variety. The Finest Known BB-66 (PCGS # 39999) .
Estimated Value $50,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$63,250 |
Lot 5028 |
 |
1797 B-3, BB-71 Draped Bust 10X6 Stars Rarity 2. PCGS graded AU-58. A superb strike. This piece exhibits all the desirable qualities of an early dollar. Magnificent multi-dimensional toning is evident on both sides displaying shades of blue-green, russet, a splash of magenta, and golden hues. The adjustment marks across Liberty's portrait are not distracting in the least bit. Truly a marvelous example. The current holder states that this is a 9X7 Star variety which is incorrect. Pop 2; none finer at PCGS for the variety (PCGS # 6865) .
Estimated Value $30,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$46,000 |
Lot 5029 |
 |
1797 B-2, BB-72 Draped Bust 9X7 Stars Small Letters Rarity 4. PCGS graded AU-53. Subset of PCGS # 6866. In a new secure plus holder. In the top 3 of the Condition Census. BB-72 represents the sole variety for 1797 with the small letters reverse. On the obverse, the stars are arranged with nine to the left of Liberty and seven to the right. The reverse inscription: "UNITED STATES OF AMERICA," rendered in the small letter font -- a re-use of the small-letters reverse die first employed in 1795.
Even light silver gray with much luster remaining at peripheries and around devices. Sharply struck at peripheries though somewhat soft at central reverse, where several adjustment marks crisscross at and below the eagle. A very sharp, golden toned example of this elusive and popular major variety, labeled by Bowers in his Encyclopedia as "the most famous variety after 1794 and before 1804." This is the single finest certified by PCGS. Now considered Rarity-4, this variety was long considered a classic rarity and once upon a time was unpriced above VF. Pop 1; none finer at PCGS for the variety (PCGS # 40005) .
Estimated Value $40,000-UP.
Ex: Cardinal Collection; The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$58,938 |
Lot 5030 |
 |
1797 B-1, BB-73 Draped Bust 9X7 Stars Large Letters Rarity 3. PCGS graded AU-55. Subset of PCGS # 6863. In a new secure plus holder. Condition Census. Previously graded AU58 by NGC. There are some interesting varieties of the 1797 dollar, mostly revolving around the number of stars on the obverse (either 9X7 or 10X6). All dies have 16 stars, proving that the dies (unlike the 1798 obverse with 15 stars) were made after June 1, 1796 when Tennessee became the sixteenth state to be admitted to the Union. It may be that as few as 2,493 dollars of 1797 actually bore that date; this is the coinage executed in August, when the last silver coins for the year were delivered.
It is probable that many of the known 1797 dollars were actually coined and delivered on January 5, 1798, when the chief coiner brought 30,372 dollars to the treasurer. The maximum coinage from one press, per day, at this time was about 13,000 pieces (the figure is for cents and may be somewhat lower for larger coins such as the dollar), meaning that many 1797-dated coins may have been struck in 1797 but not delivered until the beginning of the new year. Struck coins were sometimes held for several weeks before delivery if there was not enough on hand to pay off the oldest unpaid bullion deposit.
Full sharp devices and residual luster remains on antique gray surfaces, overtoned in light dappled tones. Nicely centered with a solid ring of dentils around both sides, a fabulous strike for the variety. Excellent eye appeal for the grade, a very pleasant looking coin. It is the first listed "Notable Specimen" for the variety in the Bowers' Encyclopedia. This piece is a 1797 dollar of impeccable quality and timeless appeal Pop 4; 1 finer in 58 for the variety (PCGS # 40003) .
Estimated Value $35,000-UP.
Ex: Stack's session of Auction '83, Lot 720, where it was described as MS63; Ex: Cardinal Collection; The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$32,200 |
Lot 5031 |
 |
1798 B-2, BB-81 Small Eagle 15 Obverse Stars Rarity 3. PCGS graded AU-55+. Subset of PCGS # 6868. In a new secure plus holder. A highly desirable specimen with a nuance of pale champagne gold overlay in the otherwise light natural gray toning on both sides, all of which is underpinned by full satin freshness. Surfaces are pristine. The eye-appeal next to impossible to describe without everyone holding this coin in his hand examining it first-hand. Struck from typically-sharp dies that imported a bold texture to Liberty and the eagle, only the peripheral stars show any rounding at all. The Small Eagle is imbued with luster in the feathers and throughout the surrounding field. Strike is, as on almost all of these, light on the body and legs. On the other hand, the wreath is finely detailed, while the legend is sharp as well. To reiterate: superb surfaces; perfect rims that serve to balance the well-centered strike; no problems of any kind. This offers the sophisticated buyer infinite possibilities while acquiring a World Class Type or Variety set of early Bust Silver Dollars. Pop 1; none finer at PCGS for the variety.
Die notes: BB-81 is the only 1798 dollar with 15 stars. "Undoubtedly, this die was made in 1795 or before June 1796, during which time 15 stars were standard; the die was complete except for the date," underscores the Bowers encyclopedia. "In 1798 the uncompleted die had the date added and was used to coin this variety. (Alternatively and less likely, it could have been a die cutting error similar to the 1817 15-star cent.)
"The highest wave of hair is incomplete, probably from relapping, which also caused certain lower hair curls to be incomplete. B and R in LIBERTY each tilted slightly right.
Wide numeral 8 in date; with top interior space of 8 a horizontal oval and the bottom a circle; a punch unique to this obverse, not used elsewhere in the early dollar series (not for the 8 on later dates such as 1800, 1801, etc., which have vertical oval spaces within the 8). This distinctive 8 punch was regularly used on 1798 $10 gold coins. It is possible that the obverse die was made circa 1795 but with just the first three date digits, 179, punched in; the final 8 could have been added in 1798 by selecting a punch from the wrong font. Squared-off bottom to 7." Obverse die used to strike 1798 BB-81 only (PCGS # 40007) .
Estimated Value $60,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$60,375 |
Lot 5032 |
 |
1798 B-1, BB-82 Small Eagle 13 Obverse Stars Rarity 3 CAC Approved. PCGS graded EF-45 PQ. Subset of PCGS # 6867. Condition Census. Lovely toning on both sides. A very attractive early Bust Dollar with natural uncleaned surfaces that burst out atop the smooth, blemish-free features beneath. Some weak spots in strike is seen at the lovelock curl on the neck as well as in a few areas inside the wings. This is typical, however. The very scarce Small Eagle dollars of 1798 were struck in small numbers before the mint replaced it with the now-familiar Heraldic device. BB-82 shows a die break from the rim above the second T in states down through that letter and into the leaves below. Only 13 obverse stars; the other 1798 Small Eagle obverse has 15 stars. Pop 2; 3 finer, 1 in 50, 1 in 53, 1 in 58. Only 8 graded at PCGS for the variety (PCGS # 40006) .
Estimated Value $20,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$24,150 |
Lot 5033 |
 |
1798 B-32, BB-91 Knob 9, 5 Lines High Rarity 6. PCGS graded MS-61. Subset of PCGS # 40008. In a new secure plus holder. Condition Census. Another prestige-drenched specimen, smooth and mar-free surfaces put on a show with their rich pale gold and even old-silver patina, the overall appearance greatly reinforced by excellent centering on a perfect planchet. Regarding this date Bowers, in his encyclopedia of Bust Silver Dollars says, "I estimate that about 10 to 20 exist of the variety here described as BB-91. The record is not clear on these, for over the years the appellation "Bolender-32," equivalent to BB-91, has been assigned to a number of different unusual and/or otherwise unlisted issues. This obverse was earlier mated with a Small Eagle reverse (style of 1795-1798) to create BB-82, a variety minted early in 1798. Accordingly, BB-91 was probably one of the earliest varieties struck with the Heraldic Eagle reverse."Pop 1; none finer at PCGS for the variety. The Finest Known BB-91.
The reverse on this rare issue has the Large Letters reverse from 1796 type font (larger interior space in A, open S, etc.); 5 lines in each vertical shield element. This was one of the first Heraldic Eagle reverse dies cut in early 1798. Upper part of eagle's beak touches ray of star slightly in from its tip; star points to upper left serif of U in PLURIBUS. Line star pattern. Three stars on left between eagle's beak and clouds-are more in a slightly curved line than in form of a triangle. Leftmost star is puny and undersized. Two eagle claw nails show within talons. Leaf points close to left corner of I in AMERICA, and 4th outside leaf tip is under right base of R in AMERICA. Tip of branch points to tip of rightmost tail feather (compare to reverses of BB-117 and BB-118, the only other 1798 reverses in which this is the case). Berry fairly close to right side of serif of left foot of A. Only 10 perfect arrows, one faint arrow, and two sticks (one of which extends to below center of I in UNITED). Three rightmost perfect arrows each have other arrows on top of them, with arrowheads visible part way down shafts. Raised die defects at AT in STATES.
Reverse die used to strike 1798 BB-91 (earlier use) and BB-92 (later use) (PCGS # 40009) .
Estimated Value $75,000-UP.
Ex: Cardinal Collection; Ex: San Marino Collection; The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$74,750 |
Lot 5034 |
 |
1798 B-4, BB-92 Knob 9, 5 Lines Rarity 5. PCGS graded EF-45. CAC Approved. Subset of PCGS # 40008. In a new secure plus holder. Condition Census. A sleek, mostly light gray toned example, the reverse shows delicate matte-finish deeper patina. Crisply struck and problem-free. The surface is smooth and devoid of marks, which is a sure sign that the consignor didnít just "happen" across this one fine day and say, Oh, here is a nice specimen, let me buy it. On the contrary! To acquire a coin in this state of preservation, with these impeccable surfaces, took months or even years of diligent searches. Pop 1; none finer at PCGS for the variety (PCGS # 40010) .
Estimated Value $9,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$8,913 |
Lot 5035 |
 |
1798 B-5, BB-93 Knob 9, 10 Arrows Rarity 6. PCGS graded EF-45. Subset of PCGS # 40012. In a new secure plus holder. Condition Census. Another majestic silver dollar from this historic offering, and a coin with energetic detail thanks to a firm strike by the dies. The surface toning progresses from light to medium-deep gray as one views the details outward from the centers; the surface condition combined with the overall excellent state of preservation seems to want to motivate bidders to increase their bids as though by subtle hypnotism!
This variety is instantly identifiable by the heavy reverse vertical die crack which runs from rim to rim on most known specimens. The Spies:46 example doesn't have this prominent reverse die break. Because of this crack, all examples seen are weak at the center of the reverse, but somewhat stronger in the area to the right of the crack. Line star pattern above the eagle. One star is very close to the outside of point of the upper part of eagle's beak; its ray points to right side of left upright of B in PLURIBUS. Right serif on foot of first T in STATES lower than left foot of adjacent A; right serif on foot of second lower than adjacent serif of E. Bases of letters AME and RI closer than ER. Berry below and distant from left side of serif of right foot of A. Only 10 arrows, and three heads additional without sticks. Reverse die used to strike 1798 BB-93 only.
Despite the inclusion of three specimens in the 1975 ANA Convention sale (Superior), the BB-93 variety is quite rare today. In 1950, the situation was far different when Bolender wrote this: "Haseltine had found but a single specimen (Fair), and I have seen but one. Excessively rare. Rarity 7." This is the old story again: A specimen is considered rare, then collectors search for it, and additional coins come to light." Today less than 20 examples are estimated to have survived. Pop 1; none finer at PCGS for the variety (PCGS # 40013) .
Estimated Value $18,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$17,250 |
Lot 5036 |
 |
1798 B-3, BB-94 Knob 9, 4 Lines Rarity 5. PCGS graded AU-50. Subset of PCGS # 40012. In a new secure plus holder. Condition Census. This is a relatively obtainable variety from this scarce year in the Bust Dollar series, and is a real prize as such because the surfaces are so faultless. Choice for the grade, the surfaces display mid-level old-silver patina over both sides, with the only noticeable drawback being softness on the reverse detail (as struck) from a possibly worn die. There are no marks. The rims are clean, although the reverse dentils are wider on the left and narrow to invisibility on the right from minor misalignment with the obverse die.
In the context of 1798 Heraldic Eagle dollars, BB-94 is one of the rarer varieties. Probably, 31 to 75 are known, as per the Bowers encyclopedia estimate, "most of which are in lower grades up through Very Fine. At the EF level, BB-94 is rare, and higher grade pieces are rarer still. The only Uncirculated piece I have encountered in the literature is that in the Bolender Collection, 1952, since untraced; the grade equivalent of this coin today is not known." Pop 1; none finer at PCGS for the variety (PCGS # 40014) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$9,775 |
Lot 5037 |
 |
1798 B-7, BB-95 Knob 9, 4 Lines Rarity 5. PCGS graded EF-40. Subset of PCGS # 40012. In a new secure plus holder. Condition Census. A first-rate Extremely Fine specimen with a dusky overlay of faint gold and medium gray toning on both sides. There is a small carbon spot at the 4th star. Nicely struck and nearly full, however just a hint of limitation in the detail at the shoulder and on a bit of the scroll at PLUR. As fine an assembly of character traits as you will ever see on one of these, from the color to the surface originality and on through the visual aspects plus choice rims. No more hunting for a better specimen once you put your winning bid on this BB-95 1798 Dollar. Pop 1; none finer at PCGS for the variety (PCGS # 40015) .
Estimated Value $8,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$8,050 |
Lot 5038 |
 |
1798 B-6, BB-96 Knob 9, 5 Lines Rarity 3. PCGS graded AU-50. Subset of PCGS # 40008. In a new secure plus holder. Condition Census. A high degree of smooth gray surface expands unimpeded across fields of this well struck and elusive high grade specimen. Let us impart to readers how thoroughly superior this coin is to the run-of-the-mill Bust Dollar in similar grade, regardless of die variety. Further, the strike is crisp in most areas, weíd like to say 100% bold, though some lack of detail may be noted at the breast feathers and horizontal lines in the shield "chief." Full E PLURIBUS UNUM on the scroll, however. The eagles head is ill defined, as are a few stars nearest the head. As they lie opposite the highest hair waves on Liberty from the opposing die, there often wasnít enough die oomph! to send the metal flowing into the deepest recesses of the dies in these areas. That said, the coin speaks for itself as being a World Class example in its grade and for the variety. Act accordingly when submitting a bid. Pop 2; 3 finer at PCGS for the variety, 2 in 55, 1 in 61 (PCGS # 40011) .
Estimated Value $8,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$10,063 |
Lot 5039 |
 |
1798 B-17, BB-101 Pointed 9, 5 Lines Rarity 5. PCGS graded AU-53. Subset of PCGS # 40016. In a new secure plus holder. Condition Census. Smooth amber-golden iridescence permeates the areas around the date and some of the stars this attractively preserved beauty with a life of its own. The reverse has its own character, which includes a similar light to medium base-gray but deepens within the shield to an almost charcoal gray hue. Add a sky-scraping level of detail from a relatively sharp strike and the appeal is very tempting. Pop 1; none finer at PCGS for the variety.
Rarity estimate from Bowers: 1798 BB-101 is another rare variety. Probably about 31 to 75 are known, most of which are well circulated. The average grade of F-19 is one of just a few to dip below the VF category. An AU or Mint State coin, if such could be found, would be regarded as a landmark item.
Haseltine's was only Good, the only one he ever found. In his 1881 Type-Table, he used his favorite adjective, "excessively," which he used excessively, to describe the rarity of this variety. Bolender only ever saw one, the VF coin that landed in his collection. The fact that numerous specimens have appeared since then, is testimony to the potential "out there" for locating still more examples of erstwhile and present rarities. Only a small number of 1798-dated dollars in numismatic circles have ever been attributed to Bolender numbers (PCGS # 40017) .
Estimated Value $12,000-UP.
Ex: Cardinal Collection; The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$11,213 |
Lot 5040 |
 |
1798 B-20, BB-102 Pointed 9 Wide Date Rarity 5. PCGS graded AU-58. Subset of PCGS # 40018. In a new secure plus holder. Condition Census #1. Later state with a heavy rim break (which in its early development is often mistaken for a bruise or a nick) below the eagle's tail, extending to the last A in AMERICA. A gorgeous high-grade specimen of the optimum, hand-picked appearance. The extremely lustrous areas within the devices show signs of mingled medium gray color throughout. Agreeable as this is, we can also point to the fact every detail is well struck -- to say the least! -- in fact, fully so, with such definition to merit special reference here. No doubt this coin will attract a lot of attention and, we hope, many strong bids from insightful buyers. Pop 1; none finer at PCGS for the variety. The Finest Known BB-102.
Die notes: Obverse 6. Wide date, 11 mm. across at widest part. 1 close to curl, 8 near bust but does not touch. Two upper stars near L and Y. First star nearly 4 mm. from hair. Ray of last star points to lower edge of a denticle. The obverse displays a prominent die chip between the left side of the 9 and the bust. The bottom stand of the T in LIBERTY is repunched. Obverse die used to strike 1798 BB-102, BB-103, and BB-107.
Reverse E: From same die used to strike BB-94 and BB-95. The die crack that developed on BB-95 from right wing down through I in AMERICA to border has now become heavier. Another crack is below ER in AMERICA. The BB-102 reverse also has a number of die dots in and around the second cloud from the right plus a small crack from the O to the F in OF, to the lower part of the first S in STATES. Incused denticles (clash marks from the obverse) are often visible above ES and OF. Faint clash mark from bust is seen through OF. Reverse die used to strike 1798 BB-94 (earliest state), BB-95 (intermediate state), and BB-102 (final state).
"BB-102 is in the medium range of scarcity among silver dollars of 1798," explains Bowers. "The variety is one of only a few with an average grade below the VF level. A review of auction appearances demonstrates that here is a variety for which EF and AU are remarkable grades." Remarkable indeed! This magnificent AU58 is the top example graded.
Exactly why 1798 BB-102 should be so elusive in any grade above VF is one of those mysteries that makes collecting early dollars so interesting. The answer probably lies in the method of distribution (PCGS # 40019) .
Estimated Value $18,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$16,100 |
Lot 5041 |
 |
1798 B-22, BB-104 Pointed 9 Wide Date Rarity 4. PCGS graded MS-61. Subset of PCGS # 40018. In a new secure plus holder. Baking fresh luster still gleams on satiny surfaces. A touch of weakness is seen at the central hair curls on the obverse, but here it is probably that the dies were spaced just far enough apart to prevent stronger metal flow in that area or that the pressman, who operated the hand-thrown striking arms just didnít give the motion enough gusto when slamming the two dies together. These early pieces, rather than being "struck" in the modern sense, were more properly squeezed between the dies under immense pressure. Old copper-plate engravings from the era show the large screw-shaped central cylinder which, when set in motion by the pressman, caused the dies to come together with increasing force as the screw pressed downward to its full striking force.
Arc star pattern on reverse. This variety incorporates Obverse 7: Wide date, the 8 firmly united with bust. This die is similar to BB-101, but the upper stars, while near L and Y, are not as close to them as in BB-101; on this the 7th star points directly at the lower left serif end of L, while on BB-101 the star points slightly above the serif end. Second star points to a space between two denticles, third to left part of a denticle. Flaw on star 4. Slight die crack under Y and 8th and 9th stars, shows on some specimens. The obverse die was used to strike 1798 BB-104 (early state) and BB-105 (early and late states).
The reverse, Reverse G in Bowerís system: Branch with five medium sized berries, the two top ones closest together. Leaf point below lower left corner of I in AMERICA. Star distant from eagle's beak. Arc star pattern. 13 arrows.
In 1950, Bolender wrote this: "Die break from milling down through right part of E in STATES to clouds. This break has been seen on all specimens examined. Die breaks through last S in STATES and top of OF. Light die crack from top of N to base of D in UNITED."
Reverse die used to strike 1798 BB-103 (early and late states) and BB-104 (intermediate states). Condition Census #1. Pop 1; none finer at PCGS. One of the two Finest Known BB-104 dollars, possibly the Finest Known. (PCGS # 40021) .
Estimated Value $40,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$55,200 |
Lot 5042 |
 |
1798 B-23, BB-105 Pointed 9 Wide Date Rarity 3. PCGS graded AU-58 PQ. CAC Approved. Subset of PCGS # 40018. An unbelievably lustrous coin with faint echoes of the original cartwheels rising and falling beneath rich toning. The reverse and obverse centers play host to a unusually crisp detail and originality always appreciated by the stronger buyers. In short, a lovely coin, one might almost say an extravagant coin, and one that certainly meets the qualifications for the About Uncirculated 58 grade.
1798 BB-105 shares honors with BB-125 as one of the two most available varieties of the year and, indeed, one of the more often seen early dollars of any date. An estimated 201 to 500 are believed to exist. Most are in lower grades. In AU and Mint State grades it is rare, however. In a new secure plus holder. Condition Census #1. Pop 1; none finer at PCGS for the variety. The Finest Known BB-105 (PCGS # 40022) .
Estimated Value $15,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$18,400 |
Lot 5043 |
 |
1798 B-19, BB-106 Pointed 9 Close Date Rarity 5. PCGS graded AU-53. Subset of PCGS # 40018. In a new secure plus holder. Condition Census. 1798 BB-106 is one of the rarer varieties of the year. An estimated 31 to 75 exist, a comfortable population large enough to assure one for the cabinet of every specialist. Most examples are in the VF range. EF coins are elusive, and AU or finer pieces are exceedingly rare. Even as long ago as the 19th century, J.W. Haseltine called this variety very rare in his 1881 study on early dollars.
A highly pleasing example of the kind of quality one likes to describe for bidders of this actively collected series. Smooth gray originality blends easily with mark-free and relatively detailed highlights on the main devices. A halfhearted impression was often left by the striking of the (possibly worn) dies that made this variety. Here, we see some mild signs of shallow strike on the central hair curls (below the ear) and above the brow, although the facial features are extraordinarily detailed. Libertyís eye is complete, her nose properly formed, and the front of the blouse shows the overlapping folds in the drapery lines. Concerning the eagle, there is nothing to fault on this side, nothing at all. The eagleís eye is complete, the scroll sharply impress by the dies so that the incuse E PLURIBUS UNUM reads perfectly. Both horizontal and vertical lines are complete in the shield, as are the leaves and arrows being grasped in the eagleís talons. So all in all a first-rate example. One of the finest known. Pop 1; none finer at PCGS for the variety (PCGS # 40023) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$9,488 |
Lot 5044 |
 |
1798 B-21, BB-107 Pointed 9, 10 Arrows Rarity 5. PCGS graded AU-58 PQ. Subset of PCGS # 40018. In a new secure plus holder. Condition Census. A boldly original, satin-luster drenched coin with strong fundamental features. Nicely struck, indeed more totally so than just about any variety of 1798 up to this point with design features that collectors will give special mention to. The problem-free fields and devices also support medium gray to deeper shades of old-silver color with glints of golden interspersed.
Only 10 arrows plus a stick (headless arrow) between the 2nd and 3rd shafts from the right. Five small berries, two top ones closest together. Point of leaf under left lower tip of I in AMERICA. Star distant from eagle's beak. Arc star pattern. Die crack along right wing tip, top of AM to border above E. In the later state of this reverse (used to coin 1798 BB-108), this reverse die was relapped, and just 10 arrows are visible, but no headless stick. 1798 BB-107 was struck before 1798 BB-108. This reverse die used to strike BB-107 (earlier state) and 1798 BB-108 (later state, lightly relapped). Pop 1; none finer at PCGS for the variety. The Finest Known.
Rarity level: 1798 BB-107 falls in the scarce category among dollars of this date. Less than 75 examples known. As is the case with any other dollar variety of this date, the potential exists for more to be discovered (PCGS # 40024) .
Estimated Value $18,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$18,000 |
Lot 5045 |
 |
1798 B-13, BB-108 Pointed 9, 10 Arrows Rarity 3. PCGS graded AU-55 PQ. Subset of PCGS # 40018. In a new secure plus holder. Condition Census. A high degree of luster within the devices distinguishes the natural silver gray surfaces from others of the date which are less pulsating even though in technically similar About Uncirculated grade. Collectors familiar with the series will recognize this difference at once. Struck with mathematical precision by the dies. The sometimes annoying soft-edged devices and lettering throughout the centers that are typical on Draped Bust Dollars are nowhere to be seen. Only a small percentage of this year's production is found with enough convincing detail to be called "bold" and this is one such coin! Pop 3; none finer at PCGS for the variety (PCGS # 40025) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$10,063 |
Lot 5046 |
 |
1798 B-10, BB-109 Pointed 9 Close Date Rarity 5. PCGS graded EF-45 PQ. CAC Approved. Subset of PCGS # 40018. In a new secure plus holder. Condition Census. Five small berries on the branch on the reverse, the two uppermost being closest together. Arc star pattern. Star slightly distant from eagle's beak; star ray points to center of B of PLURIBUS. 13 perfect arrows, some formed better than others. Leaf points to just left of center of upright of I in AMERICA. A die flaw (chip out of die) under end of stem. Berry under right foot of A in AMERICA (compare to the reverse of BB-111, with the berry under the left foot). All specimens seen are lightly struck on the eagle.
Note: As the obverse was used later to coin more 1798 BB-108s, one wonders what happened to this reverse die. Why was its use interrupted. Perhaps, somewhere "out there" is a BB-109 exhibiting a sudden, massive reverse die failure.' Reverse die used to strike 1798 BB-109 only.
1798 BB-109 is another scarce issue. It may be that no more than 31 to 75 exist, nearly all of which are in lower grades. Opinions concerning the rarity of this variety have been the subject of debate. Bolender suggested Rarity-4 (76 to 200 known, if he used the Sheldon Scale), which may be correct at the rarer end of the spread. Others have suggested that fewer than 30 exist. BB-109 is always weakly struck on the eagle and at the center of the bust. Pop 1; 1 finer in 50 for the variety (PCGS # 40026) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$9,200 |
Lot 5047 |
 |
1798 B-16, BB-110 Pointed 9 Close Date Rarity 6. PCGS graded AU-50. Subset of PCGS # 40018. In a new secure plus holder. Condition Census. Extremely scarce Die State I with less pronounced obverse die crack. One of the great rarities known with only 6-12 examples estimated to have survived (the rarity indicates that 13-30 may be known but some estimates have suggested otherwise). A heart-stopping example of this rare variety and of the premium quality one likes to see for this actively collected Draped Bust, Heraldic Eagle design. Remnants of luster blend naturally with pale golden-gray highlights on the smooth, mark-free surfaces.
The obverse of this variety has Wide date, the most space between 9 and 8. Star 8 is slightly closer to Y than star 13 is to bust. Star 7 distant from L, and star 1 a trifle farther from curl.
In 1950, Bolender noted this: "The die broke early and so badly that very few pieces were struck, possibly not over two, as no others are known to the author. A number of pieces formerly attributed as H-16 in various catalogues and examined by the author, turned out to be incorrectly attributed. The die crack is heavy and extends from border on left near first star to right through base of lowest curl and top of 179 of date. There is a spur downward from a denticle above right part of E in LIBERTY."
Today, a perfect die coin is also known. Obverse die used to strike 1798 BB-110 only.
On the reverse is found Five small berries, the two upper ones closest together. The third berry from top is attached to a leaf point. Berry under left foot of A in AMERICA. A leaf points to space between R and I in AMERICA. Arc star pattern. Star is distant from eagle's beak; ray points toward center of B in PLURIBUS. 13 perfect arrows, an unusually well developed cluster. A plain die mark is always present in the back of the two highest clouds on the reverse. The first two reverse stars on the left both touch clouds. A small flaw or clash mark is present below the right ribbon.
Reverse die used to strike 1798 BB-110 (1st use), BB-111 (2nd use), BB-112 (3rd use), and BB-113 (4th and final use). Pop 1; 1 finer in 62 for the variety (PCGS # 40027) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$9,488 |
Lot 5048 |
 |
1798 B-16, BB-110 Pointed 9 Close Date Rarity 6. PCGS graded EF-45. Subset of PCGS # 40018. In a new secure plus holder. Condition Census. One of the great rarities known with only 6-12 examples estimated to have survived. Unstoppable originality erupts flamboyantly beneath the natural "antique silver" highlights, while gusts of medium toning farm out across the plain creating an aura at the edges of the design elements that is slightly darker than on the main device. The strike is more dependent on BB-110 than on other varieties due to the way the die deteriorated, with strong detail save for a limited area of lightness at the date, and affecting the ribbon scroll on the reverse.
1798 BB-110 is one of the great rarities of the year 1798. Probably, no more than 13 to 30 are known. Estimates of the surviving population have varied widely, to as low as 6 to 12 coins. In his 1881 Type-Table, J.W. Haseltine called this variety very rare. Pop 1; 2 finer at PCGS for the variety, 1 in 50, 1 in 62 (PCGS # 40027) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$8,050 |
Lot 5049 |
 |
1798 B-11, BB-111 Pointed 9 Close Date Rarity 3. PCGS graded EF-45 PQ. CAC Approved. Subset of PCGS # 40018. In a new secure plus holder. Condition Census. EDS. A thing of beauty and one, and a coin just about every collector of Early Silver Dollars will want to enter a bid on! The clean, natural surfaces are smooth-textured. Some luster still looks out from around the main devices, well-protected by the strong relief portions of the design from wear in circulation. As to whether "wear and tear" is apparent, this is decidedly avoided on the present specimen: surfaces are genuinely sleek and attractive. Well struck for the date and variety, with minor weakness in the hair from the die break that occurs there, and easily matching or surpassing others in this condition.
Only a shallow linear break present, extending from the center of Liberty's head to her face and almost imperceptibly beyond. Clearly, this die would have had plenty of life left in it before it shattered into two separate pieces (as must have happened by the time die progression VIII was achieved). Pop 2; none finer at PCGS for the variety (PCGS # 40028) .
Estimated Value $9,000-UP.
The Dr. Hesselgesser Collection.
View details and enlarged photos
Check results on similar lots
| Realized
$8,338 |
|
|
