Like many survivors of the first year mintage of 1,758 pieces, the two 1794 dollars were not problem-free. However, sharp examples such as these are coveted by collectors for their rarity and historical importance. One 1794 dollar realized $115,000. The other realized $86,250.
It was the 12th major auction Heritage has conducted as official auctioneer of the Central States Numismatic Society. Prices realized exceeded $12.3 million, which does not include the $3.4 million generated in the Heritage-CAA Central States Currency Auction.
Total sales were expected to climb well past $16 million as bidders competed for post-auction bargains and in Heritage’s Central States Bullet Auction, which closed May 10 at Heritage’s website.
-WD