1796 $1 Small Date, Small Letters MS(PCGS#6859)

September 2006 Pre-Long Beach Auction #37

Auctioneer

Goldberg Auctioneers

Lot Number

2784

Grade

VF-30

Price

4,715

Lot Description

Diagnostic dot above the 1 in the date. Medium gray with lighter accents of silver-gray on the highest areas of the portrait and eagle. Choice rims and only minor old hairlines, evidence of its short while spent in circulation before being snatched out and stored in protective custody by early day collectors of silver dollar. This is the most plentiful 1796 die variety, an estimated 1,250 to 2,000 specimens exist. Most are in middle circulated grades, with VF being the median. EF coins turn up with regularity in dealers' stocks and auctions and make a nice "type" coin. In AU or better grade 1796 BB-61 is rare (PCGS # 6859) </B>. <BR>Estimated Value $3,500 - 4,000.