Goldberg Coins and Collectibles

Sale 51

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Lot 1105

1802 Draped Bust Dollar. Narrow date. PCGS graded AU-50. Well struck and quite choice with smooth, very attractive surfaces. Lovely blue and golden toning on a base of light, neutral gray -- "antique silver" originality that all Draped Bust silver dollar collectors yearn to see. The U.S. government (and the Mint) was no fool. It was plain to see in the early years of the 19th century that exporters and banks preferred half dollars to the standard or "Unit" silver dollar silver coin. This is the reason why mintage figures fell dramatically after the large production of 1799-1800. By 1801-03, the numbers were extremely low, with this well-cared-for 1802 a pleasing representative. Low PCGS grading census, as well: Pop 2; 1 finer at AU-53 (PCGS # 40088) .
Estimated Value $7,000 - 7,500.
Ex Dr. Hesselgesser Collection.

Realized $7,188

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