1795 $10 13 Leaves AU53 PCGS....

Description

Elusive 1795 BD-4 Eagle, AU53

1795 $10 13 Leaves AU53 PCGS. Breen-6830, Taraszka-4, BD-4, R.5. The 5 in the date is separated from the drapery, immediately identifying this variety, the rarest or second rarest of the 1795 13 Leaves eagles. In Early U.S. Gold Coin Varieties, A Study of Die States, 1795-1834, John Dannreuther considers the BD-4 the second rarest 13 Leaves variety behind the BD-5. This cataloger's own research and experience suggests the opposite. Of course, both varieties are elusive when compared to the plentiful BD-1 die combination.
The first 1795 eagles were coined in September, just a short time after production of the 1795 half eagles that were the first gold coins produced at the Philadelphia Mint. Mint records indicate a total production of 5,083 coins during the remainder of 1795, although it is certain that the mintage of eagles bearing the 1795 date was greater. An additional 4,146 coins were recorded in 1796, and 3,615 Small Eagle coins in 1797. Dannreuther makes the following estimates for each year: 1795 430 to 582 pieces; 1796 125 to 175 pieces; 1797 Small Eagle 55 to 65 pieces. His estimates suggest a survival rate of about 5% to 6%, indicating actual mintages of about 9,000 eagles dated 1795, 2,600 dated 1796, and 1,000 dated 1797.
This lovely piece has rich green-gold surfaces with considerable reflectivity around the devices. The surfaces have only minor marks, except for one noticeable mark in the right reverse field. Otherwise, it is an exceptional piece for the grade.(Registry values: P5)

Coin Index Numbers: (NGC ID# 25ZT, PCGS# 8551, GSID# 9340)

Metal: 91.67% Gold, 8.33% Copper
Weight: 17.50 grams
AGW: 0.51577oz
Mintage: 5,583

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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