Lot 1620
1795 Draped Bust Dollar. Centered bust. NGC graded EF-40. Nicely toned with lighter shades of old silver patina in the fields and throughout the devices, deepening to steel gray with some iridescence at the outer margins. There are scattered adjustment marks on Liberty, but the fields and devices are very choice. One or two very minor rim marks found (PCGS # 6858) .
Those who might be new to coin collecting may never have heard about "adjustment marks." Prior to the 1850s, mint workers weighed each and every gold or silver planchet before sending it to the coiner for striking. This was done to assure that the weight standard was honestly maintained. It was also an economy measure. Gold, in particular, is valuable; it would have been nonsensical to issue overweight coinage. Therefore, the mints hired "adjusters" (usually women) who weighed each planchet. Any that they found overweight were filed down with a steel file. One or two flicks of the wrist were probably all that was needed, either near the rim or across the center of the planchet. The resulting parallel "adjustment marks" remained visible in many cases, even after the coin was struck.
Estimated Value $7,000 - 8,000.
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| Realized $7,188 |
