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1801 $1 Draped Bust Silver Dollar BB-214 B-4 R-2

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numismatic student's Avatar
United States
11888 Posts
 Posted 03/01/2022  10:44 am Show Profile   Bookmark this topic Add numismatic student to your friends list Get a Link to this Message Number of Subscribers
$1,769. Thoughts? Thanks!

1801-$1-Draped-Bust-Silver-Dollar-BB-214-B-4-R-2
1801-$1-Draped-Bust-Silver-Dollar-BB-214-B-4-R-2
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Edited by numismatic student
03/01/2022 11:32 am
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 03/01/2022  11:33 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I don't think I could handle that gash on the bust.
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pristine2's Avatar
United States
1048 Posts
 Posted 03/01/2022  11:33 am  Show Profile   Bookmark this reply Add pristine2 to your friends list Get a Link to this Reply
Impressive. Even if the coin details, I think you're good at $1800.

That gouge in the bust would probably detail it. There's not quite enough photo resolution to judge the originality of the surfaces. But they seem a little monochromatic, which can indicate an old cleaning.

Putting all that aside, the obverse just barely makes VF20, I think. But the reverse is much much stronger, easily XF40.

If it didn't get detailed for the scratch or the surfaces, then VF25-ish. Assuming it does detail, then even subtracting 30% from $2600 retail for VF25 gives you $1820.
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Slider23's Avatar
United States
4469 Posts
 Posted 03/01/2022  1:23 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
VF Details scratched. The coin also looks like it could have had an old cleaning. I would be interested in your thought process in making the purchase. Were you buying it for the variety?
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jacrispies's Avatar
United States
3848 Posts
 Posted 03/01/2022  1:25 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
I saw this one right as it was posted. I didn't have time to look at the shipping charge before you purchased it. You have fast fingers! Hopefully it looks good in hand. Looks original at first glance.
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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numismatic student's Avatar
United States
11888 Posts
 Posted 03/01/2022  2:04 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
My thought process began with thinking that the coin looks attractive. It was being offered for auction with no bids. Looking at the coin closely, the reverse was far better than the obverse. The obverse has what looked like two larger hits by the bust. Liberty's hairline had two scratches that looked like graffiti on the head, but they hugged the hairline and weren't that distracting. It was much better than if the scratches cut across Liberty's face or were in the open fields. The surfaces of the obverse fields looked clean with no hint of cleaning that I could discern from the pictures. The reverse was overall spectacular.

The 1801 $1 had a lower mintage of 54,454 coins. That's 17% of the mintage of the 1798 and 13% of the mintage of the 1799 which are the most commonly found dates. The draped bust large eagle silver dollar is most often collected as a type coin so there is no real premium for scarcer issues, they are all considered equally scarce. I think that will change over time.

I contacted the seller with an offer for the coin and he accepted. He ended the auction and relisted it as buy it now and I purchased it. I wasn't that quick, I was just following up on the deal I had made. There are some collectors who would never buy a coin like this, but there are many more like me who will if the price is right. Hopefully it looks as pictured. I shaved $36 from the price I posted originally because I get 2% cash back from my credit card company.

Thanks to all for sharing your thoughts. I agree with VF details for the obverse and XF+ for the reverse. Coin is raw.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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Ty2020b's Avatar
United States
4680 Posts
 Posted 03/01/2022  2:11 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
Agree with the upthread. VF obverse, XF reverse. Details, obverse damage. Looks like it had an old cleaning. Will wait for in hand pics.
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Slider23's Avatar
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4469 Posts
 Posted 03/01/2022  4:02 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
NS, thanks for the information. I agree the coin looks attractive.
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Coinfrog's Avatar
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94367 Posts
 Posted 03/01/2022  9:29 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
One more details coin for your collection.
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United States
2869 Posts
 Posted 03/01/2022  9:31 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
EF40 details
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panzaldi's Avatar
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18664 Posts
 Posted 03/02/2022  09:42 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
weak obverse. stars and lettering are pointing to XF40/45. reverse AU50. Net XF45

the only scratch that would detail the coin is the deeper one across the breast as it displaced metal. I think they are more lenient on these very early pieces but this one may pull the designation. even if it gets detailed the price looks good.
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GERMANICVS's Avatar
Germany
1849 Posts
 Posted 03/02/2022  12:19 pm  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
It does have a few mark noticeable marks on the obverse, but overall, it is also an appealing coin with nice detail, and a fairly scarce year in the series as well.
What matters is that you like it.

I bought this one many years ago for $550 following a logic similar to yours: it was once cleaned, but still a nice example with plenty of detail for the price I paid.


1801-$1-Draped-Bust-Silver-Dollar-BB-214-B-4-R-2
1801-$1-Draped-Bust-Silver-Dollar-BB-214-B-4-R-2
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psuman08's Avatar
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1773 Posts
 Posted 03/02/2022  3:39 pm  Show Profile   Bookmark this reply Add psuman08 to your friends list Get a Link to this Reply
I would say XF, maybe + but details. The hair detail is a strike issue - look at those stars!
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numismatic student's Avatar
United States
11888 Posts
 Posted 03/07/2022  4:39 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
This came in. Further thoughts? Thanks!

1801-$1-Draped-Bust-Silver-Dollar-BB-214-B-4-R-2
1801-$1-Draped-Bust-Silver-Dollar-BB-214-B-4-R-2
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Pillar of the Community
jacrispies's Avatar
United States
3848 Posts
 Posted 03/07/2022  5:31 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
Ouch... That gash is distracting on the obverse. Furthermore, I see scratches on Miss Liberty. I see an old cleaning as well.
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 03/07/2022  5:47 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
That diagonal scratch from the back curl to the gash didn't show earlier. Details coin to me.
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