First Known Dual Plugged Silver Dollar Certified By NGC - 1795 Flowing Hair Dollar

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CCFPress Press Manager United States 1420 Posts	Posted 07/20/2016 9:54 pm Numismatic News - The first known 1795 Flowing Hair silver dollar with two inserted plugs has been authenticated by Numismatic Guaranty Corporation and will be offered Aug. 10 by Heritage Auctions on Aug. 10, 2016. It will be offered for sale during Heritage's Platinum Night at the American Numismatic Association World's Fair of Money auction in Anaheim, Calif. Two plugs have been identified on this 1795 Flowing Hair silver dollar. "Many 1795 silver dollars, along with a single 1794 dollar and a small number of 1795 half dollars, show evidence of a Mint-inserted plug, apparently to achieve a correct weight for the planchet prior to striking. Today, for the first time, we have a 1795 Flowing Hair dollar that has two Mint-inserted silver plugs, one at the center of the obverse and the other at the lower reverse," said Mark Borckardt, Heritage Senior Cataloger. "Each of the two plugs has a diameter of about 4 millimeters. The obverse plug is located on Liberty's neck, tangent to the jaw line which appears through the plug. The reverse plug is located between the ribbon ends," he said. Read the Entire Article Report this Post to the Staff

bpoc1 Rest in Peace United States 4078 Posts	Posted 07/21/2016 06:32 am Very interesting. Report this Post to the Staff
mdpmedia Pillar of the Community United States 3546 Posts	Posted 07/22/2016 12:43 pm I realize that this is a very rare coin with significant monetary value and: 1) Would this 1795 $1 coin be considered a variety because of the existence of these plugs? 2) With respect to "any' coin does a varietal differentiation normally exist between any naturally occurring die crack, for example, and a man-made plug? 3) How 'should' the value of a plugged 1795 $1 compare to an unaltered, non-plugged 1795 $1? Report this Post to the Staff
Andrew99 CCF Advertiser United States 1533 Posts	Posted 07/22/2016 10:17 pm The silver plug is pre-striking, so it is not like a holed and plugged coin. It is, in my opinion, the same as adjustment marks, however, the plug which solves the opposite problem is considered a variety, while adjustment marks are not. An ordinary example of a single plug variety is worth about 4x the same coin in grade. This unique 2 plug variety is worth a lot more. We'll know in a few weeks. Report this Post to the Staff
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