A new die marriage of 1798 Draped Bust, Heraldic Eagle silver dollar
struck from previously known obverse and reverse dies has been graded
and encapsulated by Professional Coin Grading Service.
The coin, encapsulated as Genuine, Very Fine Details, Cleaned, has
been assigned variety attribution numbers Bolender 34, according to
United States Early Silver Dollars from 1794 to 1803 by M.H.
Bolender, and Bowers-Borckart 126, according to Silver Dollars
& Trade Dollars of the United States: A Complete
Encyclopedia by Q. David Bowers, with contributions by Mark Borckardt.
The coin has been consigned by Scott Mitchell from Scott Mitchell Numismatic Associates LLC in
Garden City, N.Y., to the May 31 to June 3 auction by Ira & Larry
Goldberg Coins & Collectibles.
The last discovery of a new die marriage in the early silver dollar
series was reported last December with the 1803 Draped Bust dollar,
BB-257. Prior to that, it had been more than 15 since such a discovery
was reported in the early dollar series.
Mitchell recently acquired his new discovery unattributed from one
of the many country auctions that he attends throughout the Northeast.
The new die marriage was struck using the obverse die also used for
marriages B-13/BB-108 and B-10/BB-109, and the reverse die used for
the marriages of B-18/BB-103 and B-22/BB-104.
The coin bears the distinct reverse striking weakness at the shield
and tail feathers associated with this reverse die (most notably on
the small number of surviving examples of BB-103 marriage).
Likewise, the obverse shows significant striking softness at the
corresponding area of the design; that being the top of Liberty’s head
and the bottom of the letters LIBER in LIBERTY.
Both the obverse and the reverse are struck from an early state of
each die, and die progression specialists can use this new coin as a
valuable means by which to further their research into the order in
which these early die marriages were produced.
Mitchell realized that he had never encountered a silver dollar of
this date with the exact striking characteristics of this new
discovery when he acquired it, but he did not realize the magnitude of
his purchase until he attempted to attribute the coin on the following
day. The new die marriage was further confirmed by Jason Villareal, a
variety specialist and auction manager for Ira & Larry Goldberg
Coins & Collectibles.
Early silver dollar specialist W. David Perkins provided PCGS with additional
research to confirm the attribution of the new die marriage.
“It is somewhat important to note that the strike on the reverse of
this new 1798 B-34, BB-126 die marriage is very similar to the strike
on the 1798 B-18, BB-103 marriage,” according to Perkins. “The plate
coin on page 285 of the original, 1993 edition of the Bowers-Borckardt
silver dollar encyclopedia illustrates this. The coin illustrated on
page 283 in the book for the B-18, BB-103 die marriage is the Jules
“You can see the similarities in the striking on the eagle and
shield on the reverse, and the central and upper portrait of Liberty
on the obverse. There are only six specimens of the extremely rare
B-18, BB-103 die marriage known to me, with the Reiver specimen
mentioned being the finest known (graded PCGS F-15). All six are in
lower grades, and all six have a similar strike and look.”
Perkins said there are now 120 known die marriages of the 1794 to
1803 circulation-strike silver dollars.
More from CoinWorld.com:
value of United States Treasury-owned gold tops $11 billion
Kennedy half dollar came along amid circulating coin shortage in U.S.
Collection total prices realized could exceed $200 million by 2017
Investment Column: Grading the grading services and the phenomenon
of stickering slabs
Analysis: Recent price declines make popular classic commemorative
Keep up with all of CoinWorld.com's news and insights by
up for our free eNewsletters
liking us on Facebook
us on Twitter
. We're also on