Lot 2346
1798 Draped Bust Dollar. Small eagle reverse, 15 stars on obverse. PCGS graded VF-35. One of the most important type coins from the Bust dollar series, this is the only fifteen star obverse used in 1798, and it is paired with one of just two small eagle reverse dies. Apparently this was the first variety struck in 1798, as the new heraldic eagle reverse dies were prepared. Locating this variety in high grades is always a challenge, most circulated for years before they were saved, and few are found in grades over Extremely Fine. The reverse die was used over a four year span, and was paired with six different obverses during that time! The reverse is always weak, likely due to die lapping, while the obverse is fairly sharp for the variety. Toned a steel gray color, with lilac and gold hints on either side. Light adjustment marks can be seen around the obverse, mostly at the rims with a few at the centers. This is the usual die state with a faint crack from the seventh star to the upper ribbon in Liberty's hair. Traces of luster in the devices, and clean rims and surfaces generally. Identifiable by a small nick on the leading edge of the right wing of the eagle, just below and right of the point of his beak. An impressive example of this sought-after coin.
Estimated Value $5,000 - 6,000.
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