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Sale 69


 
 
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Lot 1296

1799 B-17, BB-164 Normal Date 7X6 Stars Rarity 2. PCGS graded MS-62. Subset of PCGS # 40043. In a new secure plus holder. Condition Census. Although this obverse die was used to coin BB-156, BB-157, BB-161, BB-162, BB-163, and BB-164, in its use with BB-164, the state is most similar to BB-163, with the "pocket" or "cobweb" (die clash mark) at junction of chin and neck removed by relapping the die. A die crack shows through last 4 stars. A faint crack is near border opposite point of bust. All seen are weak at the centers, especially on the obverse. Obverse die used to strike 1799 BB-156 (with clash marks), BB-157, BB-161 (now relapped), BB-162, BB-163, and BB-164.

On this reverse, we see five extremely large berries in olive branch, the largest on any 1799 dollar. The two upper berries are partly buried in the leaves. Point of star enters eagle's mouth, upper part of beak closing down on star. The point of the star almost touches lower part of beak; ray points to left edge of left serif of U in PLURIBUS. Leaf points near left corner of I in AMERICA. A does not touch feathers. Very short stem in claw; shortest stem on any 1799 reverse. Peculiar raised die flaws resembling an equal sign (=) are at an angle under the star that straddles clouds 2 and 3. An incuse die mark at the upper left corner of the leftmost cloud is present on the early die state; the second S in STATES is repunched at the inside of its lower loop. Far right edge of A is over junction of clouds 3 and 4. The letters in E PLURIBUS UNUM seem larger and in some instances differently proportioned on this reverse (and also on BB-162, a different die), in comparison to the other reverses of the year. Reverse die used to strike 1799 BB-164 only.

As an estimated 501 to 1,000 specimens of the 1799 BB-164 dollar are known, examples are readily available on the market. Most are in grades through EF. AU coins are somewhat more elusive than the overall rarity might suggest. Mint State coins are great rarities. Pop 1; none finer at PCGS for the variety (PCGS # 40055) .
Estimated Value $30,000 - 35,000.
The Dr. Hesselgesser Collection.


 
Realized $32,200



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