1796 $10 AU53 NGC. Breen-6832, Taraszka-6, BD-1, R.4....

Description

Important 1796 BD-1 Eagle, AU53

1796 $10 AU53 NGC. Breen-6832, Taraszka-6, BD-1, R.4. This intermediate die state has a light die crack in the field below the E in LIBERTY, downward to the cap and hair above the ear. The reverse has light clash marks in the wreath above the eagle's head. Although some 1796 tens were struck after the 1797 Small Eagle coins, this example was struck earlier.
The Small Eagle reverse design was used from 1796 to 1797, with a total mintage estimated at 13,344 coins. The distribution of that mintage among the three dates is unknown, but estimated as follows: 1795 - 9,425 coins, 1796 - 2,800 coins, and 1797 - 1,119 coins. Today we believe that about 5% of those coins still survive, or about 140 pieces of this 1796 eagle.
There is no accurate census of 1796 eagles that survive, although it is fair to say that the majority are in grades below AU. Date collectors and variety specialists are both keenly aware that 1795 Small Eagle tens are commonplace when compared to either 1796 or 1797. This piece has light green-gold surfaces with traces of yellow luster in the protected areas. The surfaces are lightly abraded on both sides, although with no significant marks. The strike is nicely centered with full, strong borders on both sides. Here is an important opportunity for the avid collector of early gold coins to acquire a piece that represents the history of a young nation. Census: 8 in 53, 53 finer (5/10).(Registry values: P6)

Coin Index Numbers: (NGC ID# BFYM, PCGS# 8554, Greysheet# 9342)

Weight: 17.50 grams

Metal: 91.67% Gold, 8.33% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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