Lot 1529
1801 B-2, BB-212, Rarity 3. PCGS graded EF-45. Pastel-gold and dove-gray colors are seen over each side of this barely patinated example. Uncommonly free from visible contact, selected design recesses display traces of mint luster. A very desirable, yet collectible Bust dollar. In recent years, intense collecting activity has concentrated on silver dollars of 1794-1803, with the low mintage 1801, 1802, and 1803 issues performing even more spectacularly than the so-called common dates of 1798, 1799 and 1800. Prior to 1800, the intrinsic value of silver dollars remained below face value, but as the price of silver increased, coins began to be withdrawn from circulation and were either melted or exported. Subsequently, mintages started to decrease. Compared to the previous year's mintage of 220,920 pieces, only 54,454 dollars were dated 1801, with most being struck in 1802 or later. In 1804, production ceased entirely (PCGS # 6893) .
Estimated Value $4,500 - 5,000.
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