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Lot
7737

1795 $10 9 LEAVES

1997 ANA Signature Sale #175

 
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Auction Ended On: Aug 1, 1997
Item Activity: 1 Internet/mail/phone bidders
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Location: New York, NY
Description:
Pleasing and Original Choice XF 1795 Nine Leaves Ten--One of the Rarest of All U.S. Gold Coins
1795 9 Leaves XF 45 NGC. B. 4-C. The third and final Nine Leaves 1795 ten consigned by the Diocese of Buffalo. Two other specimens have already been sold, one in our Cleveland National Money Sale in March and the other in the June Long Beach Auction. With perhaps only 10-13 examples known out of the 116 pieces struck March 19, 1796, the acquisition of three Nine Leave tens leaves one with the impression that the collector who donated these rare gold holdings to the Diocese had a firm grasp on what issues were truly rare in U.S. gold. While many lesser dates and varieties were represented by a single coin, there were three Nine Leaves and four 1834 Capped Bust quarter eagles.
The surfaces of this piece show a pronounced reddish-orange patina with pale golden-yellow accents on the highpoints of the devices. Several light, very shallow adjustment marks are noted in the center of the obverse within Liberty's hair curls. The only other mint-caused defects are the ones that seem to be common to all Nine Leaves tens: a jagged V-shaped die crack below the second leaf, and another irregular break through the top of the first T in STATES. The only mentionable surface flaws created out of the mint are a couple of field marks between the eagle's beak and right (facing) wing. Well centered and well defined throughout, this coin represents an extraordinary opportunity for the serious collector to acquire this important issue--one of the rarest of all U.S. gold coins. (NGC ID# 25ZV, PCGS# 8552)

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