1795 $1 Silver Plug, BB-18 MS(PCGS#39993)

1795 $1 Silver Plug, BB-18 MS (PCGS#39993)

The Regency Auction XXII Las Vegas July 2017

详细说明: Silver-plug dollars are a very interesting artifact of the early U.S. mint. In the earliest days, it was of the utmost importance to ensure the the weight and composition of precious metal coins met the letter of the law. Many early coins show file marks, known as adjustment marks appear on coins that were overweight; the planchets filed lightly to take the weight down to proper levels before striking. For underweight planchets, a small hole was drilled (generally in the center) and a heavier plug of silver was inserted before striking. It was easier to do this than to melt and reroll the blanks. Of all the varieties of 1795 flowing hair dollars, the B-7, BB-18, is seen more frequently with a Silver Plug than any other die marriage. The presently offered coin clearly shows a large plug right in the center of the planchet. Pleasing olive, russet, tan patina bathes both sides of this highly attractive AU coin. A couple of scattered light marks are accounted for but do not detract. The strike is very bold and pleasing. There is a small planchet flaw at the lower reverse, mint made. PCGS 4, NGC 4. These do not come up for auction that often. There was one that sold in the 2014 FUN auction for $41,125 and before in the 2009 CSNS one sold for $54,625. The current PCGS Price Guide value is $55,000. This is a very scarce issue and should bring more today. There are very few that are graded finer and these are highly prized by early dollar specialists. Good luck.