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Lot
2215

1804 $10 Crosslet 4 MS62 NGC....

2010 January Orlando, FL FUN US Coin Auction #1136

 
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Auction Ended On: Jan 7, 2010
Item Activity: 5 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Near Terminal 1804 BD-1 Crosslet 4 Eagle, MS62
1804 $10 Crosslet 4 MS62 NGC. Breen-6847, Taraszka-31, BD-1, High R.4. This piece is slightly later than the other 1804 in this sale, with all the other cracks plus a short crack from the nose tip.
Mint records show six deliveries of 1804 eagles totaling 9,795 coins from June 1 to the end of the year. It is believed that most of those coins were dated 1803, although exactly how many were 1803 eagles and how many others were 1804 is unknown. The generally reported mintage of 1804 is 3,757 coins, the total of the final two delivery warrants during the year. On December 28, 1804, the coiner delivered 2,515 pieces, and on December 31, another 1,242 pieces. However, there is a problem with that figure that apparently came from Breen in his monograph. Since the final eagles coined at the Philadelphia Mint were dated 1803, those 1803s had to be included in the latest delivery. Any attempt to determine exact mintages of each and every variety would require an extensive study of dates, varieties, die states, survival rates, and emission sequences. A quick study suggests that the actual mintage was about 3,500 coins, followed by the final 257 coins from the last two deliveries, the latter being the 1803 BD-6 eagles.
Satiny bright yellow-gold luster is accented by splashes of lilac and orange toning. This piece should be rather easy to identify, as it has a large planchet lamination defect crossing the upper left (facing) wing from the D to the first S.(Registry values: P4) (NGC ID# 262C, PCGS# 8566)

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