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Sale 65
The Pre-Long Beach Auction
| The Dr. Hesselgesser Collection of Bust Dollars |
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| Lot |
Photo |
Description |
Realized |
Lot 5100 |
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1800 B-1, BB-181 Normal Date Rarity 5. PCGS graded AU-53. Subset of PCGS # 6887. In a new secure plus holder. Condition Census. A resplendent example of the finest order for the modest About Uncirculated 53 grade. Some lingering luster graces the reddish golden to champagne and gray surfaces. Sharply struck for the date, easily finer in sharpness than even higher grade specimens, with some minor weakness indicated on the eagle's head and breast along with the right half of the scroll where UNUM disappears. A small mark adjacent to the eagle's neck where the scroll crosses. Otherwise, the fields fresh and free of abrasions. Pop 2; 1 finer in 55 for the variety (PCGS # 40067) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
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$8,625 |
Lot 5101 |
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1800 B-1, BB-181 Normal Date Rarity 5. PCGS graded AU-55. Subset of PCGS # 6887. In a new secure plus holder. Condition Census. If it is detail you want from a Bust Dollar, then it is detail you will receive with this wonderful, boldly made and superbly preserved About Uncirculated 55 example. In addition to having immaculate surfaces, even the finest, most delicate detail can be seen on this coin struck with uncommon exactness for the issue.
Die notes: 180 close in date. TY too far apart. The 1 in date barely misses touching the hair. On the reverse, a leaf touches lower right corner of serif of I in AMERICA (compare to reverse of BB-183, which touches bottom of I at a different point). Point of star touches point of lower part of eagle's beak. A in AMERICA touches only 3rd feather. First T in STATES is double punched. AME joined at lower part. This is one of the scarcer varieties of the year. We estimate that 90 to 160 exist in all grades combined. Pop 1; none finer at PCGS for the variety (PCGS # 40067) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
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$8,338 |
Lot 5102 |
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1800 B-2, BB-182 Normal Date Rarity 6. PCGS graded VF-35. CAC Approved. Subset of PCGS # 6887. In a new secure plus holder. It seems that nothing higher than EF40 is available for this variety, which places this VF35 high on the Condition Census; even so, few are available even in this grade. Smooth gray finish that is lighter on the devices and then deeperns to normal old-silver hues. There are a few light contact marks from its days spent in circulation, far fewer in number than one sees on most Draped Bust dollars in this grade, however. The rims show some of the widest dentils we have seen on 1800.
Bowers writes this about BB-182ís rarity: 1800 BB-182 is one of the great rarities of the year. Only an estimated 13 to 30 are known to exist. Years ago, the issue was regarded as unique. J.W. Haseltine knew of only one, and M.H. Bolender stated the same, noting that it may have been the Haseltine specimen that came under his view. Thus, when Bolender's book went to press in 1950, it was believed that there was just a single coin extant.
Since then, additional pieces have been recognized. BB-182 is not only remarkable for its rarity, but also for the fact that all known specimens show evidence of circulation. Among examples which have been reported, not a single piece makes the AU level. It appears that the finest grade is about EF40.
Estimated Value $6,000-UP.
The Dr. Hesselgesser Collection.
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| Realized
$3,565 |
Lot 5103 |
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1800 B-3, BB-183 Normal Date Rarity 5. PCGS graded Genuine. Our grade is sharpness of XF. Subset of PCGS # 6887. Possibly dipped or cleaned decades ago and now has recovered to where it ranks as a very presentable example for the die variety collector as well as a general "donít confuse me with details" buyer. "This will look nice in my coin collection." It is for the latter buyer that we heartily recommend this turn-of-the-19th-century 1800-dated silver dollar. However the variety collector should take note that this is the finest BB-183 seen by Dr. Hesselgesser in his search over the past 6 years. Dr. Hesselgesser states; "I believe this coin is much rarer than is credited. Possibly R6?".
Estimated Value $4,000-UP.
The Dr. Hesselgesser Collection.
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| Realized
$3,738 |
Lot 5104 |
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1800 B-12, BB-184 Normal Date Rarity 3. PCGS graded AU-50. Subset of PCGS # 6887. In a new secure plus holder. Marginally weak on the scroll and Libertyís upper hair waves. A choice coin overall with a wealth of underlying smooth surface on its medium gray to light golden-red surfaces. Nicely struck in areas away from the centers (often the case) with no objectionable features such as marks or spots on either side. A lovely coin. Just short of Condition Census status. Pop 1; 2 finer, 1 in 53, 1 in 55. (PCGS # 40070) .
Estimated Value $9,000-UP.
The Dr. Hesselgesser Collection.
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$6,325 |
Lot 5105 |
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1800 B-12, BB-184 Normal Date Rarity 3. PCGS graded EF-40. Subset of PCGS # 6887. In a new secure plus holder. Lovely turquoise blue iridescence with deeper blue-gray to normal "old silver" patina, a right of passage only a few lucky early Silver Dollars have had the good fortune to experience. Bidders will also have an experience trying to wrest this away from competitors when it comes up for sale. The coin has plenty on offer and would feel right at home in a choice collection or U.S. Type Set. Pop 2; 3 finer for the variety, 1 in 50, 1 in 53, 1 in 55.
Rarity ranking: The 1800 BB-184 dollar is fairly scarce. About 201 to 500 are known in all grades combined. As is the case with the majority of 1800 Bolender numbers, it is typically seen in worn grades up to and including VF. EF specimens are very rare, AU pieces are rarer yet. The two Mint State coins listed by Bowers in his encyclopedia came well before the grading renaissance; he lists them as MS60 in the population distribution, but it is not known if they would grade full Mint State today (PCGS # 40070) .
Estimated Value $5,000-UP.
The Dr. Hesselgesser Collection.
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$5,060 |
Lot 5106 |
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1800 B-20, BB-185 Normal Date Rarity 6. PCGS graded EF-45. Subset of PCGS # 6887. In a new secure plus holder. Condition Census. Minor weakness in centers, as struck. Variegated toning over both sides with russet-gold to light steel-blue predominant. The upper right star on BB-185 is in position similar to the obverse of the 1804 dollars, with two points almost touching Y. This obverse was not known to Haseltine when he compiled his Type-Table in 1881. Obverse die used to strike BB-185 only.
On the reverse, die flaws show at top and to right of ES, easily identifying this die which was also used for BB-186 and BB-187. Lower right serif of F is extremely close to or touches cloud 8; the only reverse of 1800 with this characteristic. Reverse die used to strike 1800 BB-185, BB-186, and BB-187, possibly in that order.
Only about 13 to 30 are known of the 1800 BB-185, believed to be the rarest variety of the year. Bolender knew of only a single undamaged specimen of this variety, stating it was "as rare as an 1804." Since that time, other examples have come to light. Pop 1; none finer at PCGS for the variety (PCGS # 40071) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
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$8,050 |
Lot 5107 |
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1800 B-4, BB-186 Normal Date Rarity 4. PCGS graded AU-55. Subset of PCGS # 6887. In a new secure plus holder. Condition Census. A satiny matte-like specimen with choice gray color over semi-lustrous fields. Nicely struck with just a hint of weakness at the shoulder and drapery. There is a small mark in the field below IB close to the hair; otherwise the surface is remarkable for its smooth regularity and freedom from abrasions. This uniformity with the Dr. Hesselgesser coins is such that anyone who is familiar with the series will see at once how extraordinary it is! Pop 1; none finer at PCGS for the variety (PCGS # 40072) .
Estimated Value $9,000-UP.
The Dr. Hesselgesser Collection.
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$7,188 |
Lot 5108 |
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1800 B-16, BB-187 Normal Date Rarity 2. NGC graded MS-64. Subset of PCGS # 6887. Condition Census. The BB-187 is tied with the BB-193 as the most frequently encountered die marriage of the year. It is estimated that there are roughly 501 to 1,000 examples known. That is not to say, however, that representatives of this die pairing are even remotely available at the Mint State levels of preservation, with PCGS certifying a handful of Uncirculated near-Gems specimens. That said, this coin ranks at the very top of the condition census for the variety, which is listed in Bowers'tome as 60-60-60-60-55 (multiples), and is, at this level of preservation, conditionally rare. One of the most distinctive die marriages of the date, thanks to rampant as-made die flaws on both the obverse and reverse, perhaps the most immediately helpful diagnostics are: 1) The prominent as-struck surface roughness at ES in STATES, a texture that develops in this die state III into a full-fledged and somewhat irregular die break; 2) The misaligned rays of stars 10 and 11; and 3) The double-punched T in UNITED. For the nascent but well-heeled collector, we also note a very slender as-made die crack running from the rim through the second 0 of the date, through Liberty's bust, near the point of her chin, and onwards to star 10.
The series specialist will straightaway recognize this coin as something truly remarkable to behold. The detail is virtually unparalleled in terms of any representative of the die marriage we have seen. Each star, including star number 13, has pinpoint definition, while Liberty's hair is flowing and textured, held back by an intricately defined ribbon. The eagle betrays a couple areas of striking incompleteness, namely on its breast and right-facing wing, but these do little to inhibit the grade. For a coin of this size to have born the passage of time with so little deterioration in terms of handling is beyond belief, for these planchets almost always managed to acquire a handful of nicks or spots that would require inclusion in a review such as this. Surrounded by all the aforementioned technical appeal of this coin, perhaps the most outstanding feature is the veil of toning that is appreciably prettier than almost any other we have seen on an early Dollar. At first glance, both the obverse and reverse offer nothing more than a faintly mottled ash- and charcoal-gray coloration. However, when one dips the coin into a light, the surfaces divulge an array of golden-orange, cobalt-blue and sea-green iridescence, with the reverse visage simply dominated by a swath of lovely golden amber tint. It is doubtful that a business-strike 1800 Draped Bust Dollar, of any variety, will again appear at public auction so well preserved anytime soon, for this is a simply staggering representative to gaze upon, and one that is sure to ignite the desire of countless collectors. Pop 1; none finer at NGC for the variety .
Estimated Value $90,000-UP.
Ex: Cardinal Collection; The Dr. Hesselgesser Collection.
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| Realized
$80,500 |
Lot 5109 |
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1800 B-8, BB-188 Normal Date Rarity 4. PCGS graded AU-53. Subset of PCGS # 6887. In a new secure plus holder. A smooth light gray specimen with a grand display of deeper shades of the same antique hue around devices on both sides. Nicely struck, perhaps not completely so at the Libertyís head and curls, but still well enough that its charm is enhanced immediately thereby.
The 1800 BB-188 dollar is on the scarce side. Perhaps 76 to 200 survive in all grades combined. This population is far higher than the number of specialists seeking them. Thus, there will be no problem acquiring one for a "type" price. Pop 2; none finer at PCGS for the variety . (PCGS # 40074) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
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$8,625 |
Lot 5110 |
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1800 B-5, BB-189 Normal Date Rarity 5. PCGS graded EF-45. Subset of PCGS # 6887. In a new secure plus holder. Condition Census. A well toned, sleek specimen with lovely russet to mid-level gray toning topping surfaces that support bold highlights. Having that in mind for the general surface condition, we see as well a full, bold transfer from die to planchet notable in the hair waves and eagle. The radials on the stars, too, are complete. This is a genuine Plus for the buyer accustomed to choice coins and choice ones only, no compromises. Pop 3; none finer at PCGS for the variety (PCGS # 40075) .
Estimated Value $8,000-UP.
The Dr. Hesselgesser Collection.
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$5,290 |
Lot 5111 |
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1800 B-10, BB-190 Wide Date Low 8 Rarity 3. PCGS graded AU-58 PQ. CAC Approved. Subset of PCGS # 6888. In a new secure plus holder. Condition Census. Lots of luster remains on this smartly toned specimen, a coin whose surface runs the "old silver" look from gold to gray, emphasis on the gold that shimmers off the surface. Substantial detail to the highpoints on this fine example is a must and this one doesnít disappoint, although an ineffectual imprint was left in a few areas by the recoil of the dies. We point to the eagleís head and scroll nearby along with where the right wing sticks out from behind the edge of the shield. All in a days work for Bust coinage (of any denomination) from the 1800 period, where strike excellence tended to vary from one coin to another. The fact Dr. H chose to put this one in his set speaks volumes about the ones he did NOT choose! So take heart when the bidding heats up and a show of hands starts advancing the price level. Pop 1; none finer at PCGS for the variety.
Estimated Value $18,000-UP.
The Dr. Hesselgesser Collection.
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| Realized
$18,975 |
Lot 5112 |
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1800 B-10, BB-190 Wide Date Low 8 Rarity 3. PCGS graded AU-55+ PQ. CAC Approved. Subset of PCGS # 6888. Condition Census. Wonderful original toning graces both sides of this fascinatingly beautiful Silver Dollar from the year Thomas Jefferson ran for and won the Presidential Election. The array of rich old-silver color contains gray and a little champagne gold with silver silvery sparkle in the accents around devices. A small area of striking weakness is seen at the bison's shoulder on the reverse, but the present gem is still extraordinarily beautiful. Obverse stars razor-sharp. Reverse stars have some that are rounded on their tops, and the only area which might be considered less than full is the right wing as the viewer looks at it where it joins the edge of the shield. There, the feathers have almost flattened out, but in other areas, they glow, their tiny veins and detail finely visible to the naked eye.
Wide date, 00 very wide apart, and the 8 too low. The 8th star is close to Y, last star not quite so near bust. Star 7 is distant from L, Star 1 still farther from hair. Die clash marks in field near stars 12 and 13, probably the cause of the relapping (a rather unusual occurrence among 1800-dated dollars) that made the highest curl on the head incomplete. This obverse die used to strike 1800 BB-190 (earlier use) and BB-191 (later use).
Among dollars of this date, 1800 BB-190 is one of the most plentiful issues. As many as 201 to 500 are believed to exist. Although the issue is readily available, most known specimens are in circulated grades. BB-190 is elusive AU, and in Mint State is rare. Pop 1; 1 finer in 58 for the variety .
Estimated Value $18,000-UP.
The Dr. Hesselgesser Collection.
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| Realized
$21,850 |
Lot 5113 |
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1800 B-11, BB-191 Wide Date Low 8 AMERICAI Rarity 5. PCGS graded AU-50 PQ. CAC Approved. Subset of PCGS # 86888. In a new secure plus holder. Condition Census. Another lustrous golden gray exa mple which has grand overall eye appeal. The above-average strike complements this eye-appeal and, some might say, adds immeasurably to the appearance. Suitable for the finest Type set due to the careful consideration the consignor gave to its acquisition.
1800 BB-191 dollars survive to the extent of an estimated 31 to 75 coins, ranking it among the scarcer issues of a year with many elusive varieties. The desirability of BB-191 is greatly increased by the AMERICAI feature on the reverse, a stray mark from a punch that is in the right position to make it appear (with some imagination) as the letter I, hence AMERICAI. Pop 1; 1 finer in 58 for the variety .
Estimated Value $12,000-UP.
Ex: Cardinal Collection; Ex: Joel Cheek Collection; The Dr. Hesselgesser Collection.
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| Realized
$12,650 |
Lot 5114 |
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1800 B-19, BB-192 Close Date AMERICAI Rarity 2. PCGS graded MS-61. Subset of PCGS # 6892. In a new secure plus holder. A significant offering of what is surely one of the desirable Condition Census examples of the variety. Warm golden gray surfaces exhibit strong luster and a satin, almost matte-like quality that really engages the aesthetic sense with its serene beauty.
The AMERICAI variety is something of a mystery; the question is asked, what was the cause of the reverse die flaw that slightly resembles an wayward I in the field? Bowers gives his opinion that the stray mark is "perhaps from a punch or from a stray piece of metal during the die making process … ." Breen, in his Complete Encyclopedia, suggested that the errant letter might be "the right leg of a mostly effaced A," although close examination of the mark indicates that this is not the case. Whatever the reason, the desirability of this variety has continued to this day. BB-192 is the more common of the two AMERICAI 1800 dollar varieties, though both are legitimately rare in Mint State. Rich, satiny luster blankets both sides of this boldly impressed early dollar. Those seeking a high end specimen of this popular variety will prudently watch to the current offering. Pop 1; none finer at PCGS for the variety (PCGS # 40082) .
Estimated Value $40,000-UP.
The Dr. Hesselgesser Collection.
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$31,050 |
Lot 5115 |
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1801 B-1, BB-211 Wide Date Rarity 3. PCGS graded AU-58. Subset of PCGS # 6893. In a new secure plus holder. Condition Census. A spanking fresh About Uncirculated specimen of the optimum quality for this actively collected design. Smooth fields blend effortlessly with pale gray highlights on the satin surfaces. Furthermore, this is a well-struck example with good details. It has no bothersome abrasions or points of wear. It has, indeed, the hallmark of Dr. Hesselgesserís infallible eagle-eye for quality: utter charm and beauty! Pop 1; none finer at PCGS for the variety .
Die characteristics: The distance from 1 in date to curl is about the same as the distance from star 8 to upper right serif of Y. The so-called Wide Date, most space between 180, the 01 closest; this traditional nomenclature is only useful if you have a Close Date (BB-214) on hand with which to compare it. The first 1 not very close to curl. The last 1 about as far from bust as first 1 is from curl. Star 8 close to Y. Other three key stars-7, 1, and 13-are distant from L, hair, and bust. Small dot to left of center dot. Right serif of I is level with left serif of B (on BB-214, the serif of B is higher). The obverse die used to strike 1801 BB-211 (earliest use), BB-212 (intermediate use), and BB-213 (latest use) (PCGS # 40083) .
Estimated Value $18,000-UP.
The Dr. Hesselgesser Collection.
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$13,225 |
Lot 5116 |
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1800 B-13, BB-193 Normal Date Rarity 4. PCGS graded AU-58. Subset of PCGS # 6687. In a new secure plus holder. Condition Census. A satiny specimen with luster that practically leaps from the surfaces; only the highest points of the design show friction. Fairly widespread traces of champagne toning share a lively intercourse with some russet, dusky lavender and gray-blue accents over the reverse, and serve to bring out the fullness of strike and extraordinary eye appeal of this handsome About Uncirculated 58. The same interaction will occur among bidders when they jostle and vie for ownership rights at the time when bids are taken. This coin was considered the old B-18 which is now known as B-13. Die State III. Pop 1; none finer at PCGS for the variety (PCGS # 40077) .
Estimated Value $18,000-UP.
Ex: Flannagan Collection; The Dr. Hesselgesser Collection.
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$13,800 |
Lot 5117 |
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1800 B-13, BB-193 Normal Date Rarity 4. PCGS graded AU-55. Subset of PCGS # 6887. In a new secure plus holder. Condition Census. This is a strongly struck example, with excellent detail to all the important high points: a needle-sharp obverse paired to a wholesomely bold reverse. Where usually one finds flat detail, every point on the design rises into fullness. Where sometimes you'll see the add on "with the possible exception of these regions (standard for the issue)", we are thrilled to say that no such add on is required. A solid coin, then, with areas of luster remaining.
1800 BB-193, as we know the variety today, is one of the most plentiful dollars of the year, and is about tied with BB-187 as the most common. An estimated 76 to 200 are known. In the present text, the population of BB-193 includes what used to be called Bolender-18, from the same dies, but a later state with clashing. Today, specialists recognize Bolender-18 as simply a later die state of BB-193. This coin was considered B-13 all along. The rare Die State I. Pop 1; 1 finer in 58 for the variety (PCGS # 40077) .
Estimated Value $15,000-UP.
The Dr. Hesselgesser Collection.
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$11,213 |
Lot 5118 |
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1800 B-14, BB-194 Dotted Date Rarity 3. PCGS graded AU-55. Subset of PCGS # 6889. In a new secure plus holder. Condition Census. Lustrous frosty golden gray surfaces with balanced light-silver highlights. Nearly full hair and shoulder details on Libertyís profile; the same standard for excellence is everywhere present on the reverse as well, though we must make note of some weakness in the feathers on the right wing and on portions of the eagleís head and scroll. A truly first-rate example in its grade, one from the fashionable year of 1800.
Dotted date, that is, curious die breaks or cracks are visible inside and above first O in date. Tiny dot-like die breaks appear in many other places, particularly between L and I, under nose, before chin, below first star, and under the 6th and 7th stars. The steel used to make this die must have been defective. Star 8 is closer to the Y than star 13 is from the bust. Star 7 is a little farther from L, and star 1 is very distant from hair, over 3 mm. On the left, stars 2 and 3 are closer together than are any others; 1-2 and 34 are farther apart than are any others and are also misaligned in relation to each other. On the right, stars 8-9 are farther apart than are any others. Obverse die used to strike 1800 BB-194 only.
On the reverse, only 12 arrows show plainly; the 13th arrow is much smaller and almost hidden, and appears faintly as the 3rd shaft from the left. Leaf points to center of I in AMERICA. Point of star touches point of lower part of eagle's beak, and point of upper part of beak shuts down on top side of same star point. All upper stars touch clouds decidedly, except that under cloud 7 which barely misses. Die dot between second and third upper stars from right. ME touch at base. A over cloud 3 and area between clouds 3 and 4. Tip of arrowhead under right side of right upright of U in UNITED. Pop 1; none finer at PCGS for the variety (PCGS # 40078) .
Estimated Value $14,000-UP.
Ex: Flannagan Collection; The Dr. Hesselgesser Collection.
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$10,063 |
Lot 5119 |
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1800 B-15, BB-195 Draped Bust 10 Arrows Rarity 4. PCGS graded AU-55. CAC Approved. Subset of PCGS # 6891. In a new secure plus holder. Condition Census. A beaming About Uncirculated 55 specimen rolling in unbeatable originality that emits boldly beneath rustic gray highlights. Possessed of a much better-quality strike than is normally found for a dollar struck this year, all of Libertyís hair waves show their finest detail. All obverse stars are also complete. The reverse concerns collectors the most since this is where poor strikes show immediately. We can reassure everyone that this specimen has the requisite strike to satisfy just about everyone. We do not a small diagonal mark in line with the diagonal of the N in UNUM but barring this, the surface is remarkable for its smooth, abrasion-free appearance. Donít miss this one! Pop 1; none finer at PCGS for the variety . (PCGS # 40080) .
Estimated Value $15,000-UP.
Ex: Cardinal Collection; The Dr. Hesselgesser Collection.
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$19,550 |
Lot 5120 |
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1800 B-17, BB-196 Draped Bust 12 Arrows Rarity 1. PCGS graded MS-62. Subset of PCGS # 6890. In a new secure plus holder. Condition Census. Lovely gray toning with iridescent gold and blue around LIBERTY. Lustrous and lovely elsewhere, as well, a frosted and extremely sharp coin showing bold detail on the eagle's breast feathers and only the lightest suggestions of weak detail along the upper edge of the right wing near the shield. Free of scratches, also no stains, and best of all no heavy marks. The dies are lightly clashed. A series of fine cracks are present, including the arc crack from star six to ribbon that defines the die state. The Bowers reference states a census that includes only two Mint State coins and two graded AU-55 with AU specimens described as 'in the rare category, and Mint State coins are exceedingly rare.'"
How fitting that this impressive Mint State 62 graded by PCGS is available now for purchase as part of the esteemed Dr. Hesselgesser collection!
Variety Notes: BB-196 represents one of the varieties for 1800 featuring a rather distinctive date format. On this obverse, there is a plain die line slanting downward from the left side of the lower part of the numeral 1 in the date. In addition, on all but those few rare specimens from the early, pre-clashed die state, there is a visible raised collar along Liberty's neck, extending about half the length of her bust. The reverse, as expected, generally displays a curved clash mark running the OF. However, what makes this variety most collectible for specialists is the fact that the eagle holds just 12 arrows. The BB-196 variety has been given its own separate Redbook listing, as the 12 Arrows type. Pop 1; none finer at PCGS for the variety. Finest Known (PCGS # 40079) .
Estimated Value $40,000-UP.
Ex: Cardinal Collection; The Dr. Hesselgesser Collection.
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$35,650 |
Lot 5121 |
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1801 B-2, BB-212 Wide Date Rarity 3. PCGS graded MS-63. Subset of PCGS # 6893. In a new secure plus holder. Condition Census. The point of the leftmost arrowhead is under the left edge of the left serif of N in UNITED. The point of upper part of eagle's beak touches down on a point of a star slightly back from extreme star point. Only 12 arrows show plainly (13th faintly shows, but is difficult to find). First A in AMERICA touches third feather, and is connected by die crack to 4th feather. Leaf points more towards left corner of base of I in AMERICA.
The same hub used to produce this reverse was also employed to make Reverse X and Reverse Y for the 1801-2-34 novodel series (see Chapter 6). It had 12 arrows, instead of the correct 13. Whenever this hub was used, the 13th arrow was added by hand, always with a light impression from a separate punch.
Reverse die used to strike 1801 (intermediate state) BB-212; 1802/1 BB-231 (early state) and BB-232 (early state); 1802 BB-241 (slightly advanced intermediate state); and 1803 BB-253 (if it exists) and BB-254 (slightly advanced intermediate state), and BB-255 (terminal state). (Note: Die progression study reveals that 1801 BB-212 was struck after 1802/1 BB-231 and BB-232, but before 1803 BB-254 and 1803 BB-255; thus it was not struck before 1802.)
The population of 1801 BB-212 is about 201 to 500, or about the same as 1801 BB-211. These two varieties are the two most populous of the year. However, of the four business strike varieties of the date, none is a rarity.
Examples are quite rare AU or finer. Bowers knew of no Uncirculated specimen coming on the market in recent decades. "Perhaps some coins listed in that grade many years ago will resurface to be graded by today's interpretations, and some future edition of this book will list them. The Winsor-Mills coin probably does qualify, and in the Condition Census I arbitrarily assign the grade of MS63 to it." Marvelous prooflike surfaces emphasize the exceptional strike very well. Pop 2; none finer at PCGS for the variety (PCGS # 40084) .
Estimated Value $80,000-UP.
The Dr. Hesselgesser Collection.
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$66,125 |
Lot 5122 |
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1801 B-3, BB-213 Wide Date Broken T Rarity 3. PCGS graded MS-62. Subset of PCGS # 6893. In a new secure plus holder. Condition Census. Although uniformly lustrous within and around the device, the fields are slightly deeper gray than the devices on both sides. Pale tan-gray iridescence is noted throughout, but the overall appearance is one of brilliance. Here, too, we are struck by the nice, convincing design detail for all areas of this important coin with not even the slightest amount of flatness on the hair or eagle. Just when the Mint got its act together to produce high-quality work, the series was within two years of its demise! How regrettable that it wasnít continued for many years to come.
About 425 to 800 examples are known of the 1801 BB-213 dollar today. This is just slightly more available than BB-214, and each of these two varieties is less abundant than 1801 BB-211 and BB-212. Again, the issue is scarce in higher grades. Although a number of Mint State coins have crossed the block, these date from before 1986 when the change in grading interpretations took place.
It is the reverse that is important on BB-213. A point of the star touches outside of upper part of eagle's beak. Right foot of all T's missing, the result of a broken punch (apparently, this die was made immediately after the die for 1801 BB-214, which has a partially broken lower right serif). A touches 3rd feather only. 13 arrows. AM joined at base, E extremely close (Bolender said it is joined). Leaf touches I in AMERICA slightly right of center of base. Star under cloud 7 double punched (an interesting error, but a rare one; it is a wonder that more stars were not double punched c. 1798-1803).
Note: As 1801 BB-213 was struck after 1801 BB-212 (per obverse die state evidence), and as 1801 BB-212 was struck no earlier than 1802, it follows that 1801 BB-213 was also struck no earlier than 1802. Reverse die used to strike 1801 BB-213 only. Pop 1; none finer at PCGS for the variety (PCGS # 40085) .
Estimated Value $40,000-UP.
The Dr. Hesselgesser Collection.
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Lot 5123 |
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1801 B-4, BB-214 Close Date Rarity 4. PCGS graded AU-55 PQ. CAC Approved. Subset of PCGS # 6893. In a new secure plus holder. Condition Census. An incandescent and sparkling coin whose satiny beauty comes with fully defined design features plus a torrent of varying luster underneath the light to medium gray toning. It is easy to see this piece was delivered a hard blow by the dies on the screw press, or as some researchers believe, the dies might have been nearly new and carefully set in the equipment to impart the requisite force, and boy was the force imparted and the sharpness revealed on the struck planchet! Pop 1; none finer at PCGS for the variety .
Die note: The distance from I in date to curl is a tiny fraction of the distance from star 8 to upper right serif of Y. So-called Close Date, figures evenly spaced. The first 1 is very close to curl, the last 1 in date distant from bust. The 8th star is about as near to Y as last star is from bust, slightly under 1 mm. Star 7 is about 1.5 mm. distant from L, and star 1 is about the same distance from curl. Right serif of I is lower than left serif of B (on BB-211 through BB-214, the serifs are level). Obverse die used to strike 1801 BB-214 only (PCGS # 4086) .
Estimated Value $15,000-UP.
The Dr. Hesselgesser Collection.
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$21,850 |
Lot 5124 |
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1802/1 B-1, BB-231 Close Date Rarity 4. PCGS graded AU-58. Subset of PCGS # 40090. In a new secure plus holder. Condition Census. Close date, 02 closer than other figures. The 8 centered between 1 and 0 but too low. "Pocket" at throat and "collar" at neckline, at base on most (but not all), a product of die clashing. The 1 is very close to lowest curl, but does not quite touch. A "dot" is before upper lip, under nose (visible only on high-grade coins). On the left, star pairs 1-2 and 2-3 are closer together than are star pairs 5-6 and 6-7. Obverse die used to strike 1802/1 BB-231 only.
A fully struck example with a light overlay of ice-blue iridescence in a couple of areas and more encompassing champagne gold throughout. Destined for a fine collection. Pop 1; none finer at PCGS for the variety (PCGS # 40091) .
Estimated Value $18,000-UP.
Ex: Cardinal Collection; The Dr. Hesselgesser Collection.
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$16,100 |
Lot 5125 |
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1802/1 B-4, BB-232 Close Date Rarity 4. PCGS graded AU-55. Subset of PCGS # 40090. In a new secure plus holder. A bright and gleaming AU58 whose abundance of luster seems poised to detonate like a Fourth of July sparkler, plus we find a touch of faint dusky gold toning enhances the sense of originality, especially on the obverse. Adequately struck with nearly full details on both sides. Definitely world class league. Pop 2; 2 finer for the variety, 1 in 62, 1 in 62+. (PCGS # 40092) .
Estimated Value $12,000-UP.
The Dr. Hesselgesser Collection.
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$12,075 |
Lot 5126 |
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1802/1 B-2, BB-233 Wide Date Rarity 4. PCGS graded AU-50. Subset of PCGS # 40090. In a new secure plus holder. Condition Census. Well detailed for this more difficult late-in-the-game issue, with light silver accenting on the devices, medium silver-gray in the fields, and deeper old-silver or antique shades surrounding the stars and legends; all these add significantly to the attraction of this nearly mark-free specimen.
Only about 76 to 200 are known of 1802/1 BB-233. Specimens appear on the market with about the same frequency as BB-231, which isn't that often. As is the case with the BB-231, all are nearly always found in lower grades. AU specimens are great rarities, and it may be the case that no Mint State coins survive. Pop 1; none finer at PCGS for the variety (PCGS # 40093) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
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$9,200 |
Lot 5127 |
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1802/1 B-3, BB-234 Wide Date Rarity 3. PCGS graded MS-61. Subset of PCGS # 40090. In a new secure plus holder. Condition Census. A marvelously toned and well-struck specimen, boasting beautiful milk-gray shades smoothly spreading across lustrous surfaces. Excellent technical quality and aesthetic charm, whatís more, the overdate is bold to the unaided eye. Free from nicks and marks unless you want to make note of a small diagonal line below the M of UNUM on the reverse. Deserves mention as a Notable Specimen in the next edition of Bowers/Borckhardt. Another connoisseur-quality coin from The Dr. Hesselgesser Collection that will be long be remembered.
Variety Notes: BB-234 represents one of five varieties for 1802 featuring the an overstruck date, with the numeral 2 punched overtop of a previously punched numeral 1. On this obverse, the numerals are widely spaced (with 0 and 2 clearly separated), and the top left edge of the under-digit numeral 1 is clearly visible as being positioned somewhat to the right of the left edge of the numeral 2. BB-234 (along with BB-233 and BB-235, which bear similar widely-spaced dates), falls under the Redbook listing for the 1802/1 overdate/Wide date. Pop 1; 1 finer in 63 for the variety (PCGS # 40094) .
Estimated Value $30,000-UP.
The Dr. Hesselgesser Collection.
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$26,450 |
Lot 5128 |
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1802/1 B-9, BB-235 Wide Date Rarity 5. PCGS graded AU-53. Subset of PCGS # 40090. In a new secure plus holder. Condition Census. Light to medium gray with pleasant russet undertones. A smooth-surfaced beauty. Having that in mind for the original condition which buyers will see is quite out of the ordinary, we see as well a full, bold transfer from die to planchet notable in the hair waves and drapery, with some marginal weakness on the eagleís neck and wing edges. The shield, however, display almost complete stripes and lies in the chief (the horizontal portion of the heraldic device).
The 1802/1 BB-235 is the rarest overdate of the year as well as the rarest of all 1802 varieties. Only about 31 to 75 are estimated to be known. It may mean that no Mint State specimen exists, meaning this AU53 might be the finest known. Unknown to Haseltine in 1881, and to other early scholars, this obverse and die combination was discovered by M.H. Bolender in the Marmaduke Fox Collection in 1950 after the plates to his book went to press, but before the text was printed. Once the variety was announced, specimens started "coming out of the woodwork," as the listing below indicates. Pop 1; none finer at PCGS for the variety (PCGS # 40095) .
Estimated Value $12,000-UP.
Ex: Cardinal Collection; The Dr. Hesselgesser Collection.
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$9,775 |
Lot 5129 |
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1802 B-6, BB-241 Close Date Rarity 1. PCGS graded AU-53. Subset of PCGS # 40087. In a new secure plus holder. Among the more sharply defined late issues in the series, this scintillating example breaks the trend from 1798-1800 and displays uncommon sharpness on all including the highest points of the design. Even the normal softness on the eagle and scroll is absent. Both sides are graced by original toning. Pop 2; 2 finer in 65 for the variety (PCGS # 40088) .
Estimated Value $8,000-UP.
The Dr. Hesselgesser Collection.
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$9,488 |
Lot 5130 |
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1802 B-6, BB-241 Close Date Rarity 1. PCGS graded VF-30. Subset of PCGS # 40087. In a new secure plus holder. This is a shimmering, silver-colored specimen with some colorful accents hugging the rim, possibly pointing to long storage in one of those old Wayte Raymond folders that were around in the 1940s. The slightly light strike is still impressive for the series and both sides are typically smooth for the grade, given Dr. Hís penchant for cherrypicking only the best specimens. A tip of the hat to our consignor, he deserves many (PCGS # 40088) .
Estimated Value $4,000-UP.
The Dr. Hesselgesser Collection.
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$3,450 |
Lot 5131 |
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1802 B-5, BB-242 Wide Date Rarity 5. PCGS graded AU-58. Subset of PCGS # 40087. In a new secure plus holder. Condition Census. Peripheral russet and gray toning lessens to natural dove grade in the field on both sides. At the moment when luster is a key determinant of the grade of a high-class AU58 like this, it goes without saying the devices should also be struck boldly by the dies. And here, the coin is bold throughout. No compromises here. The coin, whose photos show only half the beauty of the piece, is truly one in a million that collectors will esteem to buy if at all possible.
With an estimated population of only 31 to 75 specimens, 1802 BB-242 is at once the rarest (by far) non-overdated 1802, and the second rarest (after 1802/1 BB-235) variety of the year. In 1881, this was the only variety of 1802 that Haseltine designated as rare.
Normal date. Base of T in LIBERTY perfect. These two characteristics, used together, are diagnostic for the variety. On this reverse (used again and again in different die marriages, see below, the point of the leftmost arrowhead is under the center of the left upright of the N in UNITED. There is a "spur" on the curved part of D. Leaf points under center of I in AMERICA. Point of a star touches the outside of upper part of eagle's beak slightly above beak's point. This long-lived die was mated with obverses dated 1801, 1802, and 1803. Letters T in UNITED and STATES have lower right serif partially broken. Apparently, this die was made immediately before the die used to coin the reverse of 1801 BB-213, which has the lower right serif completely missing. Die progression evidence indicates that 1801 BB-214 was struck no earlier than 1802.
Reverse die used to strike 1801 BB-214 (typically with crack from border toward cloud 6); 1802/1 BB 233 (perfect; first use of the die), BB-234 (die relapped, cloud 6 mostly missing, some arrowheads disconnected; some with clash mark from cloud 5 to border above O), and BB-235; 1802 BB-242 (spur on D from now on); 1803 BB-251 (relapped, struck before BB-252) and BB-252 (relapped, struck after BB-251). Pop 1; none finer at PCGS for the variety. The Finest Known (PCGS # 40089) .
Estimated Value $25,000-UP.
Ex: Warren Miller Collection (sold privately to the Cardinal Collection); Ex: Cardinal Collection; The Dr. Hesselgesser Collection.
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Lot 5132 |
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1803 B-1, BB-251 Small 3 Rarity 4. PCGS graded AU-50 PQ. Subset of PCGS # 6900. In a new secure plus holder. Condition Census. Previously graded AU53 by NGC. A small mark on the neck; lovely golden russet on a fine layer of medium gray patina, with each side complementing the other in terms of color, surface integrity, and strike detail.
The 1803 BB-251 dollar is scarce. Probably, about 76 to 200 exist totally, just enough to make it a challenge for the advanced collector to find. EF coins are scarce, AU pieces are very rare (if, indeed, any more than these exist -- see below), and Mint State specimens have not been seen. Pop 2; none finer at PCGS for the variety (PCGS # 40096) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
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Lot 5133 |
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1803 B-5, BB-252 Small 3 Rarity 3. PCGS graded AU-53. Subset of PCGS # 6900. In a new secure plus holder. A splendid dove-gray specimen with even, mar-free surfaces that show amazing purity and lack of deterioration despite over 208 years since it was minted! With such gorgeous surfaces, it confirms the grade that the coin is struck with mathematical precision by the dies.
Thin top to 3, the 3 too high. Figures of date all close. Stars 8 and 13 are about equidistant from Y and bust, and much closer than stars 1 and 7 are from hair and L.
With an estimated population of 201 to 500 coins, 1803 BB-252 is the second most plentiful variety of this year. Pop 2; none finer at PCGS for the variety (PCGS # 40097) .
Estimated Value $10,000-UP.
The Dr. Hesselgesser Collection.
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Lot 5134 |
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1803 B-4, BB-254 Small 3 Rarity 3. PCGS graded AU-55. CAC Approved. Subset of PCGS # 6900. In a new secure plus holder. Condition Census. Prooflike surfaces. Identifiable (for purists) by a small diagonal mark at UNUM on the reverse. Otherwise, the surfaces virtually devoid of marks of any kind, certainly any that youíd notice at first glance or those affecting the appearance/grade. Splendid old-world silver-gray color freezes for all time the serene beauty of the piece.
Condition Census: 58-55. About 201 to 500 examples are known of 1803 BB-254, placing it squarely in the scarce or rare class. Most specimens are in lower grades, with VF being about par. Examples exist through and including the AU categories. Whether any Mint State coins exist as per stringent present-day grading interpretations is a matter for debate.
The pressman was doing his job well when BB-254 dollars were struck, as these are usually sharp. Higher grade pieces are sometimes seen with prooflike surfaces. However, "higher grade" in this instance is apt to mean AU, as noted, for no Mint State coins have come to our attention. Pop 1; none finer at PCGS for the variety (PCGS # 40099) .
Estimated Value $18,000-UP.
The Dr. Hesselgesser Collection.
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Lot 5135 |
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1803 B-6, BB-255 Large 3 Rarity 2. PCGS graded AU-55 PQ. Subset of PCGS # 6901. In a new secure plus holder. Lovely medium gray with light variation in the saturation of the color. A strictly original coin. How could it be otherwise, given the source of this and the other magnificent dollars in the collection! Graceful underlying clear surfaces without marks supports the toning. A pleasing example of the date, fully struck, with great detail in the hair curls and ribbon bow, the drapery and all obverse legends, as well as the eagle, shield and the reverse legends. One and all, a very presentable coin for the sharp-eyed buyer.
With about 501 to 1,000 specimens are known of 1803 BB-255, this is about as plentiful as 1802 BB-241, and, like it, the Large 3 1803 BB-255 dominates its year -- accounting for more coins than all other die varieties of 1803 combined. Up to 10 Mint States exist. That distinction goes to BB-252, however, for scarcity in Mint condition for reasons not understood today. Pop 1; 1 finer in 58 for the variety . (PCGS # 40101) .
Estimated Value $18,000-UP.
The Dr. Hesselgesser Collection.
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Lot 5136 |
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1803 B-3, BB-256 Small 3 High Rarity 6. PCGS graded AU-53. Subset of PCGS # 6900. In a new secure plus holder. Condition Census. Prooflike. A well-centered, medium-gray toned AU58 with deeper color toning at the rim on both sides. Nicely struck as well, with just a hint of weakness at the center of the scroll.
Thin top to 3, position of 3 similar to 1803 BB-251, but star 8 is more distant from Y. Close date. On the left, stars 1 and 2 are more widely separated than are any others. Obverse die used to strike 1803 BB-256 only.
The 1803 BB-256 is the second rarest die variety of the year (after BB-253, if BB-253 exists). Between 13-20 pieces are estimated to have survived. "Examples seldom surface on the market. This issue is one that the specialist would be well advised to acquire in any condition, using leisure time to upgrade if the opportunity is presented.
"In his 1881 Type-Table, J.W. Haseltine called this variety extremely rare, but did not inform the reader whether an extremely rare coin was more or less populous than an excessively rare one." Pop 1; 1 finer in 58 for the variety (PCGS # 40100) .
Estimated Value $25,000-UP.
The Dr. Hesselgesser Collection.
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$34,500 |
Lot 5137 |
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1803 B-3, BB-256 Small 3 Rarity 6. PCGS graded VF-35. Subset of PCGS # 6900. In a new secure plus holder. Pleasing surfaces show a minor degree of wear from circulation yet escape the noxious problems that arise on many early 19th century silver coins such as marks or corrosion. None of that. And the coin is nicely struck for the date, with most reverse details present, though nothing approaching "full" can be said. Fully struck coins are rare (PCGS # 40100) .
Estimated Value $8,000-UP.
The Dr. Hesselgesser Collection.
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$4,830 |
Lot 5138 |
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Super deluxe leather Bound edition catalog. Of The Dr. Hesselgesser Collection. There are only 3 copies of this special catalog: one for our consignor, one for our library and one for the high bidder on this lot. All proceeds from the sale of this lot will go to the ANA's Young Numismatist Program.
Estimated Value $3,000-UP.
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$2,415 |
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