1798 $1 BB-110 MS(PCGS#40027)

May 2012 Pre-Long Beach Auction #69 U.S. Coins

Auctioneer

Goldberg Auctioneers

Lot Number

1285

Grade

XF45

Price

5,750

Lot Description

Lot 1285 1798 B-16, BB-110 Pointed 9 Close Date Rarity 6.PCGS graded EF-45.Subset of PCGS # 40018. In a new secure plus holder. Condition Census. One of the great rarities known with only 6-12 examples estimated to have survived. Unstoppable originality erupts flamboyantly beneath the natural "antique silver" highlights, while gusts of medium toning farm out across the plain creating an aura at the edges of the design elements that is slightly darker than on the main device. The strike is more dependent on BB-110 than on other varieties due to the way the die deteriorated, with strong detail save for a limited area of lightness at the date, and affecting the ribbon scroll on the reverse. 1798 BB-110 is one of the great rarities of the year 1798. Probably, no more than 13 to 30 are known. Estimates of the surviving population have varied widely, to as low as 6 to 12 coins. In his 1881 Type-Table, J.W. Haseltine called this variety very rare. Pop 1; 2 finer at PCGS for the variety, 1 in 50, 1 in 62(PCGS # 40027) . Estimated Value $6,000 - 6,500. The Dr. Hesselgesser Collection.