Sandon's Incidental Type Set
S$1 DRAPED BUST, SMALL EAGLE (1795-98)

Obverse:

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Reverse:

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Coin Details

Origin/Country: United States
Design Description: SILVER DOLLARS - DRAPED BUST
Item Description: $1 1796 LG DATE SM LETTERS BB-65,B-5
Full Grade: NGC VF 25
Owner: Sandon

Owner Comments:

This is one of my best coins. I purchased it uncertified from a June 1996 Bowers and Merena auction ("Herbert D. Spencer Collection", lot 1008), where it was graded "F-15". NGC certified it in November 2022 as VF 25, which may be somewhat optimistic. It is, however, a nice, original specimen of a scarce type whose price has quintupled since the time I purchased it. I took the photos before submitting the coin for certification.

In addition to being the only variety of 1796 silver dollar with a large date, this variety is notable for the small reverse "internal cud" that impinges upon "I" of "AMERICA". All known specimens feature some stage of this cud, indicating that this area of the die was defective and sank almost immediately when the die was put into use. There are later die states where more of the "I" and some of the "C" are swallowed by the cud.

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