LOT #4193 |
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1795 $10 13 Leaves, BD-1, High R.3, AU58 NGC....
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Sold on Feb 22, 2018 for:
$78,000.00
Bid Source: Internet bidder
Description
1795 Ten Dollar, Near-Mint
Small Eagle, 13 Leaves, BD-1
First Issue in the Series
1795 $10 13 Leaves, BD-1, High R.3, AU58 NGC.
Bass-Dannreuther Die State a/a. The 1795 Small Eagle ten dollar
represents the first emission in the series. These numismatically
and historically significant coins are highly sought-after as such.
In all, an estimated 5,583 coins were struck bearing this date.
Additional Small Eagle tens were manufactured in 1796 and 1797 but
in limited quantities. As a type, the Small Eagle ten dollar claims
a total production of at most 15,251 pieces. John Dannreuther
explains "this type is quite scarce, as the total number of extant
examples is probably only slightly greater than 500. Many of them
have problems; this leaves only a few hundred problem-free examples
of all varieties available to collectors."Three obverse dies and three reverse dies were used to produce five distinct varieties for the 1795 eagle. One of those is the very rare BD-3 marriage with only nine leaves on the reverse branch. All others have 13 leaves. BD-1 is the usually seen variety for the year. It features star 9 very close to the Y in LIBERTY, and a leaf touches the U in UNITED. Probably more than 200 1795 BD-1 tens survive, the most of any Small Eagle variety struck between 1795 and 1797. If one were to target a single die pair for type representation, it would be this one.
Coloration is bright yellow-gold on each side, showing visible semiprooflikeness in the fields. Full dentils are apparent around the borders, and strike definition is strong over the centers. The eagle's breast feathers are nearly complete with just a touch of friction over the highest points. Numerous marks, including several thin, wispy pinscratches, are noted. The most obvious one almost joins star 6 to Liberty's middle curls. An exceptionally high-grade and attractive survivor destined for another advanced set.
From The Admiral Collection.
Coin Index Numbers: (NGC ID# 25ZU, Variety PCGS# 45710, Base PCGS# 8551, Greysheet# 198067)
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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Auction Info
2018 February 22 - 26 LB Expo US Coins Signature Auction - Long Beach #1272 (go to Auction Home page)
Auction Dates
February, 2018
22nd-27th
Thursday-Tuesday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 1,896
Buyer's Premium per Lot:
20% of the successful bid per lot.
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