Lot 1613
1802, 2 over 1. B-4, BB-232. Rarity 4. Narrow date. PCGS graded EF-40. CAC Approved. Pleasing uniform antique grey toning. A well cared for early Draped Bust, Large Eagle dollar, one of the popular overdate 1802s, in fact, with emanations of faint gold to natural old-silver shades on both sides. Nearly fully struck, however just a hint of limitation in the detail at the center. One of two overdate obverses used this year.Pop 2; 4 finer, 1 in 45, 1 in 53, 2 in 55. (PCGS # 6898)
The year 1802 was a key one for the future of the fast-spreading United States. In April 1802, the Jefferson administration learned that Napoleon Bonaparte of France had secured the return of the Louisiana Territory via a secret treaty with Spain. President Jefferson sought to buy land on the lower Mississippi River to use as a port, but the U.S. minister to France, Robert R. Livingston, was unsuccessful. In October 1802, the remaining Spanish officials in New Orleans refused to let American ships use the port. The prospect of continuing difficulties prompted Jefferson in 1803 to negotiate the purchase of the Territory from France. The Enabling Act, signed by Jefferson on April 30, 1802, provided that a territory established under the Ordinance of 1787 could become a state, once certain procedures were followed. Thus was born the famed Louisiana Territory which greatly extended the landmass of the country. Estimated Value $3,800 - 4,000
|
| |
| Realized $4,600 |
