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Lot
2402

1804 $10 Crosslet 4 AU58 NGC....

2010 March Fort Worth, TX Signature ANA US Coin Auction #1138

 
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Auction Ended On: Mar 26, 2010
Item Activity: 9 Internet/mail/phone bidders
4,599 page views
Location: Fort Worth Convention Center
1201 Houston Street
Fort Worth, TX 76102
Description:
Crosslet 4 1804 Ten Dollar, AU58
BD-1 Variant, Bright Yellow-Gold Color
1804 $10 Crosslet 4 AU58 NGC. Breen-6847, Taraszka-31, BD-1, High R.4. Bass-Dannreuther Obverse State b, Reverse State b, with faint peripheral die cracks on each side. This is the only 1804-dated die pair used to strike eagles for circulation, and 1804 is the last year that appears on early eagles--but it does not follow that the 1804 Crosslet 4 eagle was the last variety struck. As Bass and Dannreuther recount in Early U.S. Gold Coin Varieties, "Actually, [1804] is the last date in the series but not the final coin struck for the circulation series. The reverse used for this coin ... was used after striking this date/variety for the very rare 1-E [die] combination of 1803, BD-6 ... So the mintage totals for this year, already a scant 3,757, undoubtedly include some coins dated 1803!"
Bass and Dannreuther also highlight the Plain 4 version of the 1804 eagle, struck as proofs in 1834 and possibly 1835 for inclusion in diplomatic presentation sets, though they are careful to distinguish those later proofs from their circulating Crosslet 4 counterparts. As for the Crosslet 4 BD-1 pieces, the authors estimate 80 to 100 pieces surviving, many of them impaired, which makes the issue very scarce in any state. Viewed in that context, a near-Mint coin such as the present piece becomes even more impressive. Radiant yellow-gold surfaces are lightly abraded overall with only trifling wear at the high points, though striking weakness is also present there and at several of the obverse stars. Adjustment marks are noted on Liberty's cap. Census: 14 in 58, 29 finer (1/10).(Registry values: P4) (NGC ID# 262C, PCGS# 8566)

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