PCGS Auction Prices

$1 1800 PCGS MS65+ CAC

Original Lot at Legend Rare Coin Auctions

Lot #
20
Grade
MS65+
Sale Price
$246,750.00
AUCTION RECORD

Auction Details

Firm Sale Type Name Date Notes Lot
Legend Rare Coin Auctions Auction The Regency Auction 41 Oct-2020 FROM THE BRUCE MORELAN COLLECTION This is the SINGLE FINEST 1800 dollar of ALL varieties graded, and it has not been offered publicly since the 1977 Bowers and Ruddy sale of the Fairfield Collection. This exceptional quality GEM was described as: B-18a. Gem Uncirculated. A superb coin with full luster under lovely lilac, sea-green, and iridescent toning. Virtually flawless. Except for the gorgeous natural toning this coin is in the same condition as it was when it left the dies nearly two centuries ago. No amount of adjectives or other words could possibly over describe the beauty or numismatic desirability of this dollar. No matter what it sells for, we doubt if an offer of five times the sale price could buy another one." Today, we know that B-13 and B-18 are the same die pairing, listed under the BB-193 banner. The "B-18a" denoted in the Fairfield Collection sale represents the latest state of the dies, BB Die State IV, which is defined in the 2013 revision of the Bowers early dollar encyclopedia as: "Obverse die fails at stars 2 and 3, which bold outward. An arc-like crack connects star 1 with 4, and curves through the field just beyond stars 2 and 3. On the reverse the metal displacement caused by the obverse bulge causes weakness at RI of AMERICA. Scarce die state." In addition to the arching die crack at stars 1 to 4, this one has a similar one at stars 8 and 10. Extensive die clashing shows on the reverse and means it was probably one of last ones off the dies. This coin has an outstanding old time look, that is as fresh to the market as you can get! Having been off the auction market for over 40 years, this GEM is finally available to the current generation of collectors! PCGS 1, NGC 3, CAC 1. Nothing remotely close exists at PCGS, the next highest graded is the Pogue MS64, and the NGC MS65 (ex Garrett Collection) has not been sold in auction in over a decade. The PCGS Price Guide value lists the value at $250,000, and it would not come as a shock if this gorgeous GEM brought close to that amount when the hammer falls. In our opinion this coin is worthy of a world record price. An opportunity that has not presented itself in over forty years should not be taken lightly! Bid accordingly! Cert. Number 25527199 PCGS # 6887.00

PCGS Set Registry

This coin is currently in the Set Registry inventory of Black Cat and is featured in one or more sets, including Black Cat.