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1794 $1 on block

This article was originally printed in Numismatic News.
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A 1794 silver dollar estimated at over $1 million will be put on the block Aug. 7 by Bowers and Merena at the firm’s Boston Rarities Auction.

The coin has been graded MS-64 by Numismatic Guaranty Corp., and the firm says it is Condition Census #4 for the issue and one of only six Mint State examples known to exist.

Also to be sold in the sale are the four other 1794 coins from the Cardinal Collection Educational Foundation mint set of 1794 U.S. coinage.

“This important offering is made possible by the CCEF’s recent acquisition of the Carter-Contursi 1794 silver dollar, graded PCGS Specimen-66, which recently sold for $7,850,000,” said Greg Roberts, the firm’s CEO.

Another dollar coin, a PCGS EF-40 1870-S, is the fourth-finest example of the nine known silver dollars from this date.

The Horseshoe Collection of New Orleans gold is highlighted by an 1854-O $20 graded AU-55 by PCGS.

The cataloger notes that it is the second rarest New Orleans double eagle and has a surviving population of 25-35.

Another interesting piece from this collection is a J.W. Scott restrike of the 1861 Confederate half dollar.

For more information about the auction, visit the firm’s website at www.bowersandmerena.com, or telephone (800) 458-4646.

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