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Lot
4967

1801 $10 MS62 NGC. Breen-6843, BD-2, R.2....

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 5, 2012
Item Activity: 8 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:
1801 Capped Bust Right Ten, MS62
Popular BD-2 Variety, Early Die State
1801 $10 MS62 NGC. Breen-6843, BD-2, R.2. The 1801 Capped Bust Right eagle enjoyed a substantial mintage of 44,344 pieces, with just two die varieties known for the date. This coin represents the more available BD-2 variety, with two points of star 8 pointing to the cap, and star 13 near the bust. The BD-2 must have accounted for the majority of the reported mintage, probably around 30,000-40,000 pieces. John Dannreuther estimates 600-800 specimens are still extant in all grades.
The present coin is a well-detailed MS62 example, with light greenish-gold surfaces that retain much original mint luster. Only minor contact marks are evident, and eye appeal is quite good. From a very early state of the die, this specimen does not show the 9 die lines in the cap, or the rust lump between stars 2 and 3, that are often seen on the BD-2. Census: 64 in 62, 74 finer (11/11).
Seller is donating a portion of their proceeds, and Heritage is donating the same portion of the Buyer's Premium, from the sale of this lot to the National Numismatic Collection at the Smithsonian Institution. See page 3 for details.(Registry values: P1) (NGC ID# 2627, PCGS# 8564)

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