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1796 $10 XF40 PCGS....
Lot: 3354,
Auction: 2008 May Long Beach, CA Signature Auction #1108
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| Sold for: | Sign-in or Join (free & quick) |
| Ended: | May 29, 2008 |
| Item Activity: |
13 Internet/mail bidders
 2,850 page views |
Description:
Important 1796 BD-1 Gold Eagle, XF40
1796 $10 XF40 PCGS. Breen-6832, Taraszka-6, BD-1, R.4. The only known die pair for coinage of 1796. Total production of gold eagles for the year was 4,146 pieces, yet the majority of those were dated 1795. Considering the total mintage for 1795 and 1796 (9,729 coins) and the number of die marriages (six), we can project a mintage of about 1,600 coins per die pair, but taking into account the rare 1795 Nine Leaves variety, the actual average production for all remaining varieties was likely about 1,900 pieces. A 10% survival rate would yield about 190 survivors of the 1796 coinage, a figure that seems a little high, but not outrageously so. Nearly every one of the survivors is in circulated grades.This pleasing specimen has bright green-gold surfaces with a trace of reflectivity in the fields. The strike is well centered and appears to be above average. e obverse has a vertical die crack from the E of LIBERTY down across the cap and into the hair. Faint horizontal adjustment marks are evident in the hair and cap. A modest linear scratch is evident across the lower part of the bust.
The actual order of emission or strike is believed to star with the 1795 eagles, followed by early states of the 1796 eagles, then the 1797 Small Eagle pieces, and more 1796 coins, the second appearance or remarriage following production of the 1797 coins. Population: 4 in 40, 62 finer (4/08).(Registry values: P6) (#8554)
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Shipping Description: Coins & Currency (view shipping information)
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(Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)This lot is in: Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-3858)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 336, Lot 2199 | Saturday, January 10, 2004 | 40 | PCGS | $26,450.00 |
| Auction 346, Lot 9709 | Saturday, May 8, 2004 | 40 | ANACS | $21,850.00 |
| Auction 284, Lot 6860 | Saturday, February 23, 2002 | 40 | ANACS | $11,212.50 |
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