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Lot
3833

1801 $10 MS63 NGC....

2008 September Long Beach, CA US Coin Signature Auction #1116

 
Sold for: $54,625.00 (includes BP )
Bid Source: Internet bidder
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You now have the opportunity to acquire very rare items that may not be auctioned again for some time by making an anonymous offer that will make the owner sell. Note that the owner's availability to receive offers has not been verified.
Offers to date: $65,550 on January 9, 2011
Auction Ended On: Sep 19, 2008
Item Activity: 4 Internet/mail/phone bidders
2,210 page views

Description:

Wonderful 1801 BD-2 Ten Dollar, MS63

1801 $10 MS63 NGC. Breen-6843, Taraszka-25, BD-2, R.2. At 44,344 coins, the year 1801 has the highest recorded mintage of eagles than any other date from 1795 to 1804. Even more amazing is the fact that the large emission of 1801-dated tens occurred with only two die pairings. 1799 saw the second highest mintage of early eagles at 37,449 coins, although it took 10 die marriages to get the job done. One would assume that the two die marriages for 1801 would have struck an equal amount of coins, considering the relatively large production volume that year. Not so. Based on research by Bass-Dannreuther (2006), it is believed that the BD-2 die marriage was responsible for producing as many as 40,000 1801-dated tens, or nearly the entire mintage of coins that year. The second highest producing die pair was 1799 BD-10, from which Bass-Dannreuther estimate that 12,500 to 17,500 coins were struck. The fact that neither of the BD-2 dies cracked during the massive production of 40,000 eagles is noteworthy since we know that other dies from the same era broke after striking fewer than 1,000 coins. Eventually the reverse die was married with another obverse die to strike approximately 10,000 1803 BD-3 eagles and subsequently failed toward the end of that production. In total, this reverse die helped to produce as many as 50,000 early eagles--more than any other die in the series. Were the BD-2 dies specially prepared, or was it simply luck? We will never know for certain, but such mysteries are what make numismatics so enjoyable.
Lemon-gold coloration and lustrous surfaces define this Select Uncirculated early eagle. Strike weakness at star 2--common to this issue--is noted, as are a few scattered abrasions commensurate with the assigned grade. Unlike many gold coins of the era, the current offering is pleasantly free of adjustment marks. Overall, this specimen is above average for the series and is sure to see aggressive bidding activity.
From The Mississippi Collection.
(Registry values: P1) (#8564)

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Bidding Guidelines and Bid Increments

Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1152, Lot 4527 Sunday, February 6, 2011 63 NGC $46,000.00
Auction 422, Lot 3633 Saturday, January 6, 2007 63 NGC $46,000.00
Auction 358, Lot 8548 Saturday, November 6, 2004 63 PCGS $34,500.00
Auction 349, Lot 6315 Saturday, June 5, 2004 63 PCGS $32,200.00
Auction 336, Lot 3060 Saturday, January 10, 2004 63 PCGS $25,300.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Previous Prices Reported By Other Auction Firms (Not Verified By Heritage)

Source Date Grade Service Realized
Unconfirmed Tuesday, November 15, 2011 63 PCGS $54,625.00
Unconfirmed Thursday, August 18, 2011 63 PCGS $46,000.00
Unconfirmed Thursday, August 18, 2011 63 PCGS $46,000.00
Unconfirmed Sunday, May 24, 2009 63 PCGS $48,300.00
Unconfirmed Thursday, November 15, 2007 63 NGC $51,175.00
PLEASE NOTE: Heritage has not verified this data, which represents the sale or auction of an item from a third party (and includes the Buyer’s Premium where applicable). All information listed is intended to be as accurate as possible, but it has been taken from sources that may or may not be reliable and errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
62 $45,000 $43,550 $33,500 $30,500 $31,000 $44,000 $48,000
63 $60,000 $64,350 $49,500 $45,000 $45,500 $67,500 $82,500
64 $115,000 $136,500 $105,000 $96,500 $96,500 $160,000 $185,000
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 44,344 Robert Scot
NGC 63 45 29 401 -
CAC 63 7 5 55 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.

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