1794 DOLLAR OWNER MARTIN LOGIES INTERVIEWED
The E-Sylum (6/27/2010)
It was sold by Steven L. Contursi, President of Rare Coin Wholesalers of Irvine, California, to the nonprofit Cardinal Collection Educational Foundation (CCEF) in Sunnyvale, California. Collector and numismatic researcher Martin Logies represented the foundation of which he is a director and its numismatic curator. The private sale was brokered by Greg Roberts, President and Chief Executive Officer of Spectrum Group International of Irvine, California.
From 2004 to 2009, the coin was a featured exhibit at the American Numismatic Associations Edward C. Rochette Money Museum in Colorado Springs, Colorado, and was displayed at a half dozen ANA Worlds Fair of Money and National Money Show conventions around the country.
The 1984 Stacks auction lot description in the Carter Collection sale stated, It is perfectly conceivable that this coin was the very first 1794 Silver Dollar struck! Over the decades, various numismatic researchers have stated a similar belief including Walter Breen, Jack Collins, John Dannreuther, David Hall and Logies who is author of the book, The Flowing Hair Silver Dollars of 1794.
David Lisot of CoinTelevision.com interviewed both the buyer, Martin Logies, Curator Cardinal Collection Educational Foundation and the seller, Steve Contursi, President of Rare Coin Wholesalers at the Long Beach Expo earlier this month.
To read the complete article, see: Video: Interviews with Martin Logies and Steve Contursi on the Sale of the 1794 Silver Dollar (www.coinlink.com/News/uncategorized/video-interviews-with-martin-logies-and-steve-contursi-on
Richard Margolis writes:
I have always felt that the prominent adjustment marks on the flan of the recently sold, albeit remarkably preserved, 1794 silver dollar eliminated the possibility of its being the first example struck. Surely a perfect flan would have been used if there was any intention at the time of creating a special initial striking.
To read the earlier E-Sylum article, see: BILL ECKBERG ON THE NEIL-CARTER 1794 DOLLAR (www.coinbooks.org/esylum_v13n25a20.html)