Premium Gem 1799 silver dollar is one of two coins for the entire year certified at NGC in this grade
One of the highlights of the Selections from the Eric P. Newman Collection Part II Signature Auction is the Green-Newman 1799 dollar. This coin is, quite simply, the finest known 1799 B-5, BB-157 die marriage, the finest known 1799-dated dollar (for those collecting by date and major type), and the finest known of any Draped Bust, Heraldic Eagle silver dollar dated 1798 to 1803.
It is tied with a 1795 Draped Bust, Small Eagle dollar for the finest known early dollar of any kind dated 1794 to 1803.
This amazing Superb Gem exhibits a bold, complete strike that is truly remarkable for its exceptional detail. Brilliant satin mint luster appears beneath delicate original champagne toning, complementing peripheral accents of blue, violet, and rose over virtually flawless surfaces. The opportunity to bid on and acquire the finest existing Heraldic Eagle silver dollar will likely not present itself again anytime soon, once this piece crosses the auction block.
This 1799 B-5a, BB-157 dollar from the Newman Collection is the only Heraldic Eagle silver dollar of any variety certified MS67. The only other MS67 early dollar of any type is an NGC-certified example of the 1795 Draped Bust, Small Eagle silver dollar. NGC has only certified four dozen early dollars in MS65 or finer grades, attesting to the rarity of high-quality examples of the series. The connoisseur who seeks an amazing early dollar with a wonderful provenance back to “Col.” E.H.R. Green will want to bid accordingly.
Prior to the certification of this specimen from the Eric P. Newman Collection, the finest known 1799 B-5, BB-157 silver dollar was the so-called “Boston specimen” in MS66 PCGS that we handled in our FUN Signature Auction (Heritage, January 2012), lot 3292, which brought $260,015. That piece exhibits similar sharp details, toning, and luster, with just a few more surface marks than the present specimen. The old thumbprint that appears on the Boston example will differentiate it from the Newman coin. The next finest 1799 B-5 silver dollar is the MS64 NGC Eliasberg coin. Unlike the Boston dollar and the Eliasberg coin, both appearing in multiple auctions over the past two decades, the Newman specimen has been hidden away for more than three-quarters of a century since the 1936 death of “Ned” Green.
The Selections from the Eric P. Newman Collection Part II Signature Auction will take place at the Fletcher-Sinclair Mansion in New York on November 15 – 16, as well as over the Internet at HA.com/Coins.
|Items being sold are from the extensive collection of Eric P. Newman Numismatic Education Society (a Missouri not-for-profit corporation) and have been assembled over a period of 90 years. Proceeds of the sale of all items will be used exclusively for supplementing the Society’s museum operations and scholarly numismatic research efforts and for the benefit of other not-for-profit institutions selected by Eric P. Newman Numismatic Education Society for public purposes.|