Lot 801
1795 Flowing Hair Dollar. 2 leaves beneath each wing. Bolender 1, R.2. NGC graded AU-55. An old friend from over ten years ago, when we (as Superior Galleries) described it thusly: "Magnificent! Fully struck with each minute detail solidly impressed. Perfect warm gray color throughout, seen only on original, uncleaned silver coinage. Furthermore, the surfaces are immaculate save for some faint marks above and near the date. These have all but disappeared under the toning that now graces the piece. The rims are flawless.
This coin approaches Mint State condition and probably never circulated (since the high points reveal only minor cabinet friction and no outright wear). Also, because there are no adjustment marks even the most exacting collectors will aspire to own it. Bolender-1 (unlike the more common Bolender-5) is known for ample hair on Liberty and strong breast feather detail on the eagle. Legions of type, date, and variety collectors will always seek out such a magnificent coin, and with the coin securely in an NGC holder, it will have a ready market whenever the lucky buyer decides to sell. We would certainly place it in the Condition Census for the variety and it is nearly so for the date and type! A foremost opportunity in this fantastic grade and certain to attract considerable bidding activity."
The coin sold for $7,975 in 1993, which means our prediction has come true -- it WILL enter a ready market where the price has advanced dramatically!
Estimated Value $14,000 - 18,000.
Superior Galleries May 30-June 1, 1993 sale, Lot 685.
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| Realized $24,150 |
