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Lot
3051

1795 $10 13 Leaves MS62 NGC. Breen-6830, B. 2-A, Taraszka-...

2004 Orlando, FL (FUN) Signature Sale #336

 
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Auction Ended On: Jan 7, 2004
Item Activity: 6 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
1795 13 Leaves Eagle, Taraszka-2 Variety, MS62 NGC
1795 $10 13 Leaves MS62 NGC. Breen-6830, B. 2-A, Taraszka-2, R.4. The tip of a palm leaf nearly touches the lower left base of the U in UNITED, and the star after the Y in LIBERTY is comparatively distant from that letter. Taraszka-2 is scarcer than Taraszka-1, with which it shares a common reverse. The dies are slightly rotated counterclockwise. Five different varieties of 1795 Eagles are known, and these divide a scant mintage of 5,583 pieces. Given the low production per die marriage, it is not surprising that this lovely piece features semi-prooflike luster. Sharply struck, only the eagle's breast exhibits light mint-made adjustment marks. A few faint handling marks in the fields are to be expected of the MS62 grade, however, there are no individually distracting abrasions.

Although coinage at the fledgling Philadelphia Mint began in 1792, only copper and silver pieces were produced prior to 1795. The delay was due to high surety bonds that had to be paid by Assayer Albion Cox or Chief Coiner Henry Voigt in order to protect the depositor's bullion. These bonds were eventually reduced, and Half Eagles and Eagles were finally struck in the summer of 1795. Rare and desirable in all grades, the majority of survivors are in XF and AU condition.(#8551) (Registry values: P5) (NGC ID# 25ZT, PCGS# 8551)

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