Lot 965
1795 B-5, BB-27 Rarity 1. NGC graded AU-58. Nice blue-green toning. Flowing Hair 3 Leaves. Centers are unusually bold and detailed, as pictured, with nearly complete hair strands on Liberty's head and flowing down the neck (hence, the nickname of this design, "flowing hair"). On the obverse, the color is neutral "old silver" tint expanding into various lovely shades of iridescence, with lighter gray across the face and in a few places around the eagle. The reverse has a little less saturation in the color, but is just as exquisite, uncleaned, free of damage or marks, with natural surface iridescence, mainly around the outer margin but encompassing te field behind the devices.
According to Bowers, the dollars of 1794-1803 "were made in large quantity and were mostly exported in a scenario in which they competed with the much more popular Spanish-American dollar or eight-real piece. Early mentions of American dollars (although it is difficult to differentiate those actually made at the Philadelphia Mint and 'American dollars' used as a term for the Spanish-American coins) as printed in Niles' Weekly Register and elsewhere seem to indicate that tremendous amounts of such pieces ended up in India where they were converted to bullion. Many others were shipped to the West Indies where they were familiar in commerce, some being repatriated early in the 19th century." Pop 46; 38 finer.
Estimated Value $24,000 - 26,000.
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