1797 $10 Large Eagle, BD-4, High R.4, VF25 PCGS....

Description

1797 Capped Bust Right Ten, VF25
Large Eagle, BD-4 Variety

1797 $10 Large Eagle, BD-4, High R.4, VF25 PCGS. Bass-Dannreuther Die State d/a. The obverse was previously used to strike BD-3 eagles. The inner points of the stars are shortened by lapping, and a die break runs through the second 7 in the date. The reverse die state is perfect. The Bass-Dannreuther reference states that the Bass Collection included "a very rare example in State d/a. Only a few examples have been seen with this perfect state of the reverse die... ." Here is another example without the usual cracks through C and R in AMERICA. The present coin represents the scarce BD-4 die marriage, with a long thick neck on the eagle and an irregular cross pattern on the reverse stars. The reported mintage for the Heraldic Eagle type was 10,940 pieces, and the BD-4 variety probably accounted for 3,500-5,000 examples of this total. John Dannreuther estimates a surviving population of 90-110 pieces in all grades.

The coin offered here shows considerable wear on the devices, but all lettering and major detail is still present. The fields exhibit a few minor abrasions, but no adjustment marks are evident. This coin is a very acceptable, no problems representative of this early eagle.

Coin Index Numbers: (NGC ID# 25ZY, Variety PCGS# 45719, Base PCGS# 8559, Greysheet# 198073)

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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