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1798 SILVER DOLLAR - BOLENDER 23

Obverse of 1798 Silver Dollar - Bolender 23       Reverse of 1798 Silver Dollar - Bolender 23

From Superior Galleries' "Pre-Long Beach Sale", June 5-7, 2000, Lot 1586, where it was described as follows:
"1798 Heraldic Eagle Bolender-23 R3 AU55 With great color (heather-gold to blue at the rims on obverse; lavender-gray to iridescent blue on the reverse). Enhancing the coin further is its excellent strike, perfect centering, rims that are clean and free of marks or bumps, plus surfaces that flow with satiny luster. We put the smooth luster at close to 70%, although some might argue for an even greater percentage coverage. To go along with everything else, the strike is superb as well, with full hair and drapery, outstanding stars, and an unbeatable eagle.

"Robert Scot originally made his adaptation of the Great Seal of the United States in 1796, for the quarter eagles intended to be issued alluding to Tennessee's admission to the Union as the sixteenth state (they have 16 stars above eagle). Following a practice which remained traditional at the Mint as late as 1915, he made working hubs of the same designs for other denominations: half eagles and eagles in 1797, dismes and dollars in 1798, half dismes in 1800, half dollars in 1801, quarter dollars in 1804. All these contained the same heraldic error in showing the arrows in eagle's dexter or more honorable claw (observer's left), the olive branch for peace in the sinister or less honorable claw (observer's right). Working hubs for the larger denominations lacked the full bunch of arrows, berries on branch, stars above eagle's head, and protruding end of stem; these details had to be entered into each working die by hand and thus vary from one die to the next. Bolender-3 is scarce but not rare."

Price Realized = $7,130.00

Recent appearances:
PCGS VF-35.  Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6153, "Bolender 23", not illustrated, sold for $1,282.25