Lot 1082
1796. Large Date, Small Letters B-5, BB-65 Rarity 2. PCGS graded AU-50. Nice light toning which ranges from delicate gold mixed with silver gray, with patches of deeper russet blending into both sides. The strike is sharp and the surfaces attractive. A scarce date and variety at this lofty grade, with few equivalents for the collector to acquire. Scarce and desirable! All known examples of this die pairing show a raised lump on the coins by IC of AMERICA, this was caused by a defect in the die steel, which became larger as more and more coins were struck, resulting in a raised blob on the coins. This is an entirely natural phenomenon and was caused in a similar fashion to the "dotted date" variety of 1800, also the result of defective die steel. A splendid coin which offers high technical grade as well as eye appeal. Pop 2; 4 finer for the variety at PCGS (PCGS # 40002) .
Estimated Value $12,000 - 13,000.
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