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Lot
8260

1795 $10

2001 F.U.N. Signature Sale #244

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Auction Ended On: Jan 5, 2001
Item Activity: 5 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Desirable Mint State 1795 Eagle
1795 $10 13 Leaves MS 61 PCGS. B. 1-A, R.4. Although it was not the first gold coin produced by the Philadelphia Mint, the 1795 eagle was an important coin in the history of U.S. numismatics. This issue introduced the American citizenry to the eagle, or ten dollar gold piece. An impressive coin (the first examples weighed 17.5 grams and measured approximately 33 millimeters), the eagle was the largest federal gold coin in terms of both size and face value before the introduction of the double eagle in 1850. Robert Scot prepared four pairs of dies for the 1795 issue, but one of the reverse dies remained unused until it was paired with a 1796-dated obverse. This premier issue was produced to the extent of a mere 5,583 coins, all of which were delivered between September 22, 1795 and March 30, 1796. Although a limited number of high grade 1795 eagles were saved as novelty items, Breen (1988) states that only 3% of the original mintage survives today. Most extant examples grade VF through AU.
This BU representative displays the semi-prooflike finish that characterizes many high grade 1795 Small Eagle half eagles and eagles. The surfaces are green-gold in color with scattered abrasions. These features are, however, consistent with the grade. The strike is average for the issue and all major devices are well detailed. There are a few well concealed adjustment marks (as produced) in Liberty's hair. An important bidding opportunity for the high quality collector.
From the Bob Bisanz U.S. Type Set. (NGC ID# 25ZT, PCGS# 8551)

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