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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5688

Starting price: 1 USD
Price realized: 26 000 USD
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Early Dollars
1799 $1 8x5 Stars, B-23, BB-159, R.3, MS61 NGC. Ex: "Col." E.H.R. Green/Eric P. Newman Collection. Bowers Die State II. This attractive Mint State specimen shows bright silver luster at the centers, with some design weakness behind the forehead and on the top edge of the wings. Both sides display splashes of original champagne toning with deep peripheral russet, olive, and amber on the obverse. Struck from the usual die state for the variety, showing a delicate die crack down through the E and B of LIBERTY but lacking the late-state die crack across the lower obverse. The obverse star arrangement is diagnostic for the BB-159. This is the only early dollar variety with the unusual, unbalanced 8x5 star layout, an arrangement also seen on gold coins of the year. Some believe the star alignment to be an engraver's blunder, while others suggest it was a Mint experiment that was not well received.
With a population estimated at more than 500 coins, the 1799 8x5 Stars dollar is relatively plentiful. However, its importance as a distinctive design type trumps the substantial population. In addition, the existence of only four certified Mint State examples adds considerably to its cachet. The present coin is tied with an MS61 NGC example in the Warren Miller Collection as the second finest known 1799 8x5 Stars dollar. Census: 2 in 61, 0 finer (10/16).
Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman; Eric P. Newman Numismatic Education Society (Heritage, 11/2013), lot 33509; ANA Signature (Heritage, 8/2016), lot 4176.
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