It's Details Graded, but...
I'd still be thrilled if I got it as a present! 
155 year old pedigreed 1794 dollar has come out just in time to find a new home as the pandemic ends. From the collection of Robert Chambers sold by Woodward in 1866 for 31.50. Graded VF and repaired due to smoothing on the neck resulting in scratches mainly in the 4th quadrant most visible on the neck. However the good news is the coin has several important positive attributes. The color is original and matching on both sides with the centers being a bit lighter as one would expect. Even more importantly the date, stars and letter on both sides is virtually full and stronger then most 94 dollars even in higher grades. This historic example is platted on page 131 of the 94 dollar book where they call it VF30. If you have always wanted a 1794 dollar to complete your set here is your chance. I estimate that a similarity detailed coin would run in excess of 200k.
Comments
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It’s a problem coin.
You shouldn’t pay much over melt for it 😉Successful BST transactions with 177 members. breakdown, scotty1419, mattniss, bigjpst, onlyroosies, Manorcourtman, guitarwes, Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug5 -
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Apparently there are roughly 1,608 of these still unaccounted for.
Pass, I’ll get back to you when I find one.1 -
@CoinscratchFever said:
Apparently there are roughly 1,608 of these still unaccounted for.
Pass, I’ll get back to you when I find one.Make sure to check all Coinstar reject slots!
To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!9 -
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@Crypto said:
Not original color but I’ll buy old colorIt's waiting for you at $130,000
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This is the first time I've seen the top CoinFacts coin lower graded than coins 2 and 3:
https://www.pcgs.com/coinfacts/coin/1794-1/6851/98
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I bet a skilled coin doctor could fix the color on the obverse and maybe get a straight grade for it. Fame and documentation would be the primary hurdles to overcome.
The sharpness of the strike, in some ways, make this one more desirable that other 1794 dollars I have seen.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?1 -
I would be thrilled to just hold that coin. Saying that, I am not referring to the cash value... just the history of the coin.... I do not even consider the 'details' grade. Cheers, RickO
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Walkerguy, that isnt far fetched with some of the sheister dealers around here, i could see a few offering a couple hundred bucks.
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@ricko said:
I would be thrilled to just hold that coin. Saying that, I am not referring to the cash value... just the history of the coin.... I do not even consider the 'details' grade. Cheers, RickOGiven the historic nature of this coin, the U.S, silver dollar, I would consider it, but not at six figures.
This one sold of less than $100,000 a decade ago, but you can see the way it was struck.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?3 -
I'd take it.
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"Repaired" - any suggestions as to how? Re-engraved reverse? Someone didn't read the full opening post
The image does not lend itself to any scrupulous analysis.
"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell0 -
@jdimmick said:
Walkerguy, that isnt far fetched with some of the sheister dealers around here, i could see a few offering a couple hundred bucks.That’s sad, but probably true, unfortunately.
I was just having a little fun at the expense of those who quickly dismiss all coins with problems, regardless of the scarcity.
I have a friend on the national circuit who shifted his business model to focus on early US coins with issues, primarily facilitating moving said coins from dealer A to dealer B. He doesn’t doctor or misrepresent them, they are what they are. Chain cents, 1802 half cents, pre 1834 gold, C and D branch mint gold, 1804 quarters, etc - there’s always a market for these at a reasonable prices.Successful BST transactions with 177 members. breakdown, scotty1419, mattniss, bigjpst, onlyroosies, Manorcourtman, guitarwes, Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug1 -
@BillJones said:
I bet a skilled coin doctor could fix the color on the obverse and maybe get a straight grade for it. Fame and documentation would be the primary hurdles to overcome.How much do you think it would be worth if it was fixed?
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@ColonelJessup said:
"Repaired" - any suggestions as to how? Re-engraved reverse?The image does not lend itself to any scrupulous analysis.
What about unscrupulous?
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@Zoins said:
@BillJones said:
I bet a skilled coin doctor could fix the color on the obverse and maybe get a straight grade for it. Fame and documentation would be the primary hurdles to overcome.How much do you think it would be worth if it was fixed?
What ever a fully struck, for the 1794 dollar, VF-30 would be worth.
It makes one wonder how bad the marks were that someone thought had be smoothed out.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?1 -
@BillJones said:
@Zoins said:
@BillJones said:
I bet a skilled coin doctor could fix the color on the obverse and maybe get a straight grade for it. Fame and documentation would be the primary hurdles to overcome.How much do you think it would be worth if it was fixed?
What ever a fully struck, for the 1794 dollar, VF-30 would be worth.
It makes one wonder how bad the marks were that someone thought had be smoothed out.
The PCGS Price Guide is at $250,000 for VF30. That's a nice profit over the current $130,000 sale price.
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Nice thread.
I don't know much on the pricing of these, so it's worth looking it up.
1794 Flowing Hair Dollar - PCGS AG03 POP 0/1/97
This low grade, but problem free AG03 specimen sold for $51,600 in 2019.
It's the lowest grade available. Then next higher grade is a G6.
- Cert: https://www.pcgs.com/cert/34007282
- Sale: https://coins.ha.com/itm/early-dollars/silver-and-related-dollars/1794-1-b-1-bb-1-r4-ag3-pcgs/a/1298-3768.s?
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This is why there are some coins, you don't want to own because you can't afford a decent example. The train left for me with the coin I posted earlier, which sold circa 2012.
The same logic applies to the 1802 half dime, which is coin I would rather own than the 1794 dollar for the sake of completing a set.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?1 -
I think it's an amazing piece of history...
Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.2 -
@tradedollarnut said:
but problem free
Yes... and the OP coin may be problem free one day too.
Of course, old coins tend to be forgiven more than modern coins.
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@tradedollarnut said:
@ColonelJessup said:
"Repaired" - any suggestions as to how? Re-engraved reverse?The image does not lend itself to any scrupulous analysis.
What about unscrupulous?
A long-time dealer, I'm still not sure what that word means.
"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell1 -
6 figure hole filler. Sweet.
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