1795 $10 13 Leaves AU55 PCGS....
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|Auction Ended On:||Jul 31, 2009|
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Hyatt Regency Century Plaza
The 1795 eagles were the second gold coins struck at the U.S. Mint after coinage of the half eagles. It was more than two years after the Mint struck their first coins that gold was finally minted. There were two principal reasons: a supply of gold for coinage was unavailable until July 1795, and more importantly, Henry Voigt and Albion Cox were unable to meet the Congressional bond requirement. The original Mint Act required that all personnel handling silver and gold must post a bond in the amount of $10,000 to ensure the safe and secure handling of the deposits. Neither Voigt or Cox were able to meet that requirement, which was eventually dropped to $5,000 for Voigt and $1,000 for Cox.
This delightful eagle is fully lustrous with rich green-gold surfaces, lustrous devices, and prooflike fields. A splash of coppery toning is present around many of the stars and letters, and faint adjustment marks are evident along the borders.(Registry values: P5) (NGC ID# 25ZT, PCGS# 8551)
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