1801 $10 BD-1, R.5, AU55 PCGS....

Description

1801 BD-1 Eagle, Choice AU
Rare Die Marriage, Ex: Garrett

1801 $10 BD-1, R.5, AU55 PCGS. Ex: Garrett Collection. Bass-Dannreuther Die State c/d. The obverse is in its final state with cracks from the L in LIBERTY down through the portrait, where it intersects with an arcing crack to star 13. Another crack travels from the rim between 0 and 1 to the bust. The quick failure of the obverse die explains the rarity of BD-1, one of just two varieties for the date. John Dannreuther estimates 40 to 50 pieces extant, and a February 2017 auction survey by Heritage Numismatist and Senior Cataloger Mark Borckardt shows we had offered BD-1 coins on only 16 occasions dating back to 1993.

The cataloger for the Garrett sale, where the coin graded AU50, noted that this piece "had some claims to Choice AU-55." That potential has been fully realized, and deservedly so. Both sides are partly frosty and bright with excellent centering and mostly strong detail. A touch of softness occurs on the middle curls and the upper reverse stars. No adjustment marks are present, and abrasions are minimal. Terrific quality and an impeccable pedigree.
Ex: George W. Cogan (3/1882); T. Harrison Garrett; Garrett Collection, Part III (Bowers and Ruddy, 10/1980), lot 1663; Unknown intermediaries.

Coin Index Numbers: (Variety PCGS# 45733, Base PCGS# 8564, Greysheet# 198084)

Weight: 17.50 grams

Metal: 91.67% Gold, 8.33% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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