1803 $10 Small Stars Reverse MS62 NGC....

Description

Attractive 1803 BD-3 Eagle, MS62

1803 $10 Small Stars Reverse MS62 NGC. BD-3, R.4. This die combination is the most plentiful of the Small Stars reverse type, and also the most plentiful of the date. All six known varieties were coined from a single obverse die, thus attribution is strictly by the reverse. The six varieties can be easily distinguished according to the following key:

Small Stars Reverse
BD-1 has a cloud space below the crossbar of E, and long arrows that extend past the N to the left base of I.
BD-2 has a cloud space below the crossbar of E, and medium arrows that extend past the center of N.
BD-3 has a cloud space below the right side of E.
BD-4 has a cloud space below the right edge of the upright of E.

Large Stars Reverse
BD-5 has the final A in AMERICA distant from the eagle's claw.
BD-6 has the final A in AMERICA touching the eagle's claw.

Once attributed to its variety, rarity ratings are a necessity:
BD-1 is High R.5, BD-2 is R.7, BD-3 is R.4, BD-4 is R.6, BD-5 is High R.4, and BD-6 is R.7.
Until the recent publication of John Dannreuther's reference, Early U.S. Gold Coin Varieties, A Study of Die States, 1795-1834, information about varieties and rarities of early gold coins was relatively unavailable. Anthony Taraszka published an excellent study of the early eagles, although it had limited distribution. Before that, only Breen's monographs and the limited information in his Complete Encyclopedia were available, both extremely insufficient.
This lovely piece has brilliant and frosty yellow-gold luster with a few scattered marks that are consistent with the grade. It is well-struck and nicely centered on the planchet. Minor clash marks are visible on each side.(Registry values: P2)

Coin Index Numbers: (NGC ID# 2628, PCGS# 8565, Greysheet# 9349)

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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