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Lot
6460

1795 $10 9 LEAVES

1998 Mid-Winter ANA Signature Sale #184

 
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Auction Ended On: Mar 20, 1998
Item Activity: 1 Internet/mail/phone bidders Number of Bidders
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Description:
Extremely Rare Uncirculated 1795 9 Leaves Eagle
1795 9 Leaves MS 61 PCGS. B. 4-C. One of the best preserved examples of this classic issue among early tens, being appreciably finer than all three pieces from the Diocese of Buffalo consignment sold by us last year. Only 116 pieces are believed to have been struck of this rare variety, all in March of 1796. The extreme rarity of the 1795 Nine Leaves can best be understood when one views the reverse of this coin. A ragged V-shaped die crack is seen below the leaves and another irregular break is seen through the first T in STATES. These are apparently common to most, if not all Nine Leaves coins, and their presence indicates early failure of this reverse die.
The surfaces on this elusive mint state example are a bit softly defined in the center of each side with stronger definition at the margins. The color is a rich yellow-gold and the better protected areas glimmer with semi-reflective luster. A few stray marks are found on Liberty's curls and cap, while a small unfinished area and a short linear depression, possibly from foreign matter on the dies, can be seen to the left of the final A in AMERICA. One of only a few uncirculated pieces known of this important U.S. gold issue. Population: 2 in 61, none finer (1/98). (NGC ID# 25ZV, PCGS# 8552)

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