Estimated grade. Sold by B. Max Mehl Jun '41 price realized $33.6
David Akers (1975/88): This is an underrated date when compared to the 1795, 1797 Heraldic Eagle, 1799, 1801 and 1803. It is considerably more rare than those five dates and it is not much more common than the 1796 and 1804. I have seen a couple of extraordinary uncirculated examples and have several lesser mint state specimens as well. However, VF-AU specimens predominate with the known examples spread fairly evenly among those three grades.
George F. Seavey Collection (possibly) - William Strobridge 6/1873:302 - Lorin G. Parmelee Collection - New York Coin & Stamp 6/1890:776, $21.00 - John G. Mills Collection - S.H. & Henry Chapman 4/1904:522 - J.M. Clapp Collection - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Ruddy 10/1982:655, $20,900 - Stack's 10/1988:116 - New Orleans Collection - Heritage 4/2015:5391, $282,000
King Farouk Collection - Sotheby’s 2/1954, part of lot 187 - John Jay Pittman Collection - David Akers 5/1998:1907 - Madison Collection - Heritage 1/2008:3250, $310,500
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