LOT #3146 |
Current Bid: $67,500
1797 $10 Large Eagle, BD-3, R.5, MS62+ PCGS. CAC....
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Description
1797 Capped Bust Right Eagle, MS62+ CAC
Scarce Large Eagle, BD-3 Variety
Condition Census Example
1797 $10 Large Eagle, BD-3, R.5, MS62+ PCGS. CAC.
Bass-Dannreuther Die State d/b, with a die break below the second 7
in the date. The Philadelphia Mint switched over to the Large Eagle
reverse on the eagle part way through the year in 1797, and a small
production of 10,940 pieces of the new design was accomplished.
Four die varieties are known for the date, one with the old Small
Eagle reverse, and three with the new Large Eagle motif. This coin
represents the BD-3 variety, with no star below the eagle's beak
and a short, thin neck on the eagle. The obverse die was used to
produce all the Large Eagle varieties of 1797, while the reverse
was also used to strike both varieties of the 1798/7 eagle. Die
evidence suggests the BD-3 variety of 1797 was struck after the two
1798/7 varieties, so the BD-3 was probably actually struck in 1798.
The early Mint often continued to use coinage dies as long as they
were serviceable, regardless of calendar year. The BD-3 is the most
elusive of all the varieties for the date and John Dannreuther
estimates the surviving population at 40 to 50 examples in all
grades. The BD-3 dies were probably used to strike only 1,750 to
2,500 coins.This Plus-graded MS62 example occupies the sixth position in the PCGS CoinFacts Condition Census for the issue and the coin is pictured in that section of the website. This specimen exhibits well-detailed design elements, with just a touch of the usual softness on Liberty's curls and the eagle's neck. Some light parallel die striations are evident in the obverse dentils and lower portrait. The pleasing orange-gold surfaces are lightly marked, with vibrant original mint luster on both sides. The overall presentation is most attractive and the high quality within the grade is confirmed by CAC. This lot represents an important opportunity for the advanced series specialist or Registry Set enthusiast. Population (all Large Eagle varieties): 15 in 62 (1 in 62+), 7 finer. CAC: 4 in 62, 3 finer (8/25).
From The Hawkeye Collection.
Coin Index Numbers: (NGC ID# 25ZY, Variety PCGS# 45718, Base PCGS# 8559, Greysheet# 198072)
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.
View all of [The Hawkeye Collection. ]
Auction Info
2025 October 2 - 5 GACC US Coins Signature® Auction #1386 (go to Auction Home page)
Proxy Bidding Ends
October
2nd
Thursday
12:50 pm CT
Auction Dates
October
2nd-5th
Thursday-Sunday
Proxy Bidding Time Remaining
15 Days
12h 58m 8s
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: 34
Page Views: 138
Buyer's Premium per Lot:
20% of the successful bid (minimum $29) per lot.
This lot is in: 1 -
Signature® Premier Floor Session - PREMIER (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
(Lots 3001-3238) - 1:00 PM Central Time, Thursday, October 2, 2025.
[Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session.]
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Additional Location Info:
Heritage Auctions
2801 W. Airport Freeway
Dallas, TX 75261
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