Lot 2871
1796 Draped Bust Dollar. Small date, large letters. Rarity 2. PCGS graded EF-40. Nicely toned on both sides. Some of the central hair region is weak (as struck) which carries over to the central part of the reverse. Exceedingly smooth, choice fields and devices. Nice antique silver patina completes the ensemble. BB-61 has an obverse used again to strike BB-62, while this large letters reverse is exclusive to BB-61. There is a small, wide date with 96 close and 6 tipped to the left. A raised "dot" die flaw over 1 in date and closest to bust, with a tiny extra projection or flaw extending from the space at the bottom of star 11 are visible on all die states known. (This and the obverse used to strike BB-66 were the first two obverse dies cut in 1796, and have the lower right tip of the R in LIBERTY intact.)
The reverse uses large letters in legend. Letters AMER crowded and touch at bases; eight plain berries in wreath with a berry under the first T in STATES. The small eagle punch is from the same hub used to create the 1795 BB-51 and 52 dollars, but on 1796 BB-61 the eagle was not as strongly impressed, with the result that the it's breast feathers are not bold. A highly collected coin to represent the draped bust, small eagle Type. Pop 1; 4 finer, 1 in 45, 1 in 50, 1 in 53, 1 in 55 (PCGS # 40000) .
Estimated Value $7,500 - 8,000.
The Dr. Robert Hesselgesser Collection.
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| Realized $8,050 |
