An MS62-graded 1798 $1 large eagle is the star lot ahead of a sale of US coins at Heritage Auctions in Dallas on March 3-6.
It's offered with an opening bid of $19,975.
 The 1798 $1 large eagle was minted in a run of 287,536 |
The coin is one of 287,536 pieces minted and is one of very few surviving examples to be graded above MS60.
Heritage explains: "This is the first use of a workhorse obverse die that was used for seven different die marriages.
"The reverse die was used for four varieties, appearing here in its final use. The present piece has the highest hair wave lapped, apparently as always, although lacks any trace of the die crack through the 9 in the date."
The record for the issue is $74,750, set at Superior Galleries in a 2004 auction.
A 1652 pine tree shilling is also on offer, with a starting bid of $11,162.
The issue was minted at the Massachusetts Bay Colony, one of the most successful European colonies.
The mint was established in 1652, due to a shortage of coins. They were produced in a rocker press and separated using shears, often resulting in unusual shapes.
The present lot is in exceptional condition, with a grade of MS63.
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