Lot 1067
1798 Draped Bust $1 B-11, BB-111. Rarity 3. PCGS graded EF-40. Small edge bruise on the reverse above the second S. An very lightly toned and lustrous About Uncirculated that you can use as a benchmark for other examples of the Type that share this grade. While the strike is forthright and crisp, it is only reasonably full on some of the shield lines and central curls, yet without doubt few of the other head and drapery details are left to the imagination.
1798 BB-111 lies in the medium range of scarcity among dollars of this date. An estimated 250 to 450 exist. A perusal of auction data by the compiler of the Bowers encyclopedia found that VF is a high grade for this issue, and that an EF specimen is noteworthy. The average grade of F-19 is one of the lower figures among 1798 silver dollars. This issue circulated extensively, it seems. "Does even a full AU coin exist?" asks Bowers in his encyclopedia. Pop 1; None finer at PCGS. Only 2 examples graded for the variety at PCGS. (PCGS # 40028) .
Estimated Value $5,000 - 6,000.
Ex; Hesselgesser Collection.
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