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Lot: 2094
Auction: 1118  
1795 $10 13 Leaves XF40 PCGS....
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Ended: Dec 4, 2008
 
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Description
Scarce Die Marriage 1795 Eagle 13 Leaves, BD-4, XF40


1795 $10 13 Leaves XF40 PCGS. Breen-6830, Taraszka-4, BD-4, R.5. The date is widely spaced, and the 5 is close to Liberty's bust above, but does not touch it. On the reverse, a leaf tip is farther from the U in UNITED than on any of the other reverse dies (this reverse die is shared by the BD-5 variety). There is a large die rust lump between F in OF and the first A in AMERICA.
The United States Coinage Act of April 2, 1792 allowed for the production of gold coins. Unfortunately, the Act also specified that gold coinage could not be struck until three of the new Mint's officials (the Assayer, the Chief Coiner, and the Treasurer) were bonded at $10,000 apiece. At that time, this was a huge sum of money, and this requirement prevented any gold coins from being minted until 1795, when the amount of the bond for each individual was decreased to an affordable level.
This is a fine-looking XF example that should make any collector proud. The rich coloration is a medium shade of green-gold, but subtle reddish accents are also evident on both sides. The slight degree of highpoint wear overall is definitely not excessive for the grade. The piece is a bit bright, and wispy hairlines are observed in the obverse and reverse fields, but the coin does not appear to have been harshly cleaned. A shallow planchet flaw is noted between and just the left of obverse stars 11 and 12, and there is a faint pinscratch that extends from the leftmost tip of star 13 to a point directly beneath the E in LIBERTY.
A visually pleasing example of this scarce die marriage from the first year of ten dollar eagle coinage. The recent Bass-Dannreuther reference book Early U.S. Gold Coin Varieties (2006), indicates that there are currently an estimated 60 to 80 pieces remaining of the BD-4 variety, without providing a systematic Condition Census.

(Registry values: P5) (#8551)

Auction Name: 2008 December Houston, TX Signature Coin Auction #1118
Description: Heritage Numismatic Auctions offers U.S. and World coins, medals, and tokens in our Signature Auctions & Final Session Sales, held in conjunction with some of the largest numismatic conventions. These sales feature award-winning cataloging and photography. Call or e-mail one of our Consignment Directors to learn about selling through Heritage.
Auction Type: Signature: !! Heritage Live: After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (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 1-3442)
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.

Item Activity: 6 Internet/mail bidders, 1,077 page views



Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 454, Lot 3236 Saturday, January 12, 2008 40 PCGS $60,375.00
Auction 394, Lot 3517 Saturday, January 7, 2006 40 PCGS $54,625.00
Auction 1121, Lot 4091 Sunday, January 11, 2009 40 ANACS $10,925.00
Auction 382, Lot 10371 Saturday, July 30, 2005 40 ANACS $24,150.00
Auction 376, Lot 7871 Friday, June 3, 2005 40 ANACS $17,250.00
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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. Example: A item that sells with a final hammer price of $100 and a 15% buyer's premium will display with a price realized of $115. 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.

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