1799/8 $1 BB-142 MS(PCGS#40065)

February 2006 Pre-Long Beach Auction #34

Auktionator

Goldberg Auctioneers

Losnummer

1685

Erhaltungsgrad

BB-142 AU-50

Preis

8.338

Losbeschreibung

Nice medium gray toning on both sides with a short planchet impurity streak between T and Y of LIBERTY. Well centered on a problem-free planchet whose rim lack the usual nicks and bumps. Pop 2; 1 finer AU53 for the variety. <BR><BR>"During calendar year 1799," explains Bowers, "the quantity of silver dollars minted reached an unprecedented 423,515. I believe many of these were dated 1798. At the time, little attention was paid to the use of dies in the year they were dated. The net coinage of 1799-dated dollars amounted to an estimated 395,000 (within 10%). Some of these may have been minted in calendar year 1800. Among the production of 1799-dated dollars were some coined from an obverse die overdated 1799/8, although these were not the first struck." <BR>Estimated Value $7,000 - 8,000.