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Lot
4983

1799 $10 Small Stars Obverse MS62 PCGS. Breen-6840, Taraszka-19, BD-7, R.3....

2011 October 13-16 US Coins Signature Auction- Pittsburgh #1160

 
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Auction Ended On: Oct 14, 2011
Item Activity: 10 Internet/mail/phone bidders
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Location: David L. Lawrence Convention Center
1000 Ft. Duquesne Blvd.
Pittsburgh, PA 15222

Description:
1799 Capped Bust Right Eagle, MS62
Small Stars Obverse, BD-7 Variety
Interesting Late Die State
1799 $10 Small Stars Obverse MS62 PCGS. Breen-6840, Taraszka-19, BD-7, R.3. The 1799 Capped Bust Right eagle enjoyed a nominal mintage of 37,449 pieces, with 10 known die varieties, the most for any early eagle. The die marriages are split between two major types, one with Small Stars on the obverse (8 varieties), and the other employing a Large Stars punch (two varieties). The coin offered here represents the BD-7 variety, with Small Stars obverse and the star located away from the eagle's beak on the reverse. John Dannreuther believes the BD-7 variety accounted for 10,000-15,000 pieces of the reported mintage, with about 250-350 examples surviving today in all grades.
There is a prominent obverse die crack from the rim, through E in LIBERTY, to the hair. Another crack runs through the left-hand stars from star 1 to star 8. A third crack extends through IBERTY and some of the right-hand stars. The dentils have crumbled at star 7. On the reverse, there is a die crack from the rim to the tip of the third feather in the left (facing) wing. All these features are indicative of Bass-Dannreuther Die State d/d. The obverse die was actually used to coin the earlier die states of this variety, then employed to strike the BD-8 variety, and then remarried with this reverse to strike the Die State d,d coins.
The present coin is an attractive MS62 example with vivid orange-gold surfaces that exhibit occasional highlights of green and lilac. The design elements are sharply detailed in most areas, with just the slightest softness apparent on the lower obverse stars and Liberty's hair. This coin possesses excellent visual appeal, with no trace of adjustment marks, and only minor signs of contact. Population: 22 in 62, 16 finer (8/11).(Registry values: P2) (PCGS# 98562)

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