Description

    1795 Eagle, 13 Leaves, BD-1, AU53
    Perhaps the First 1795 Variety Struck

    1795 $10 13 Leaves AU53 NGC. BD-1, High R.3. The date is closely spaced, star 11 approaches the Y in LIBERTY, and the top of the 1 is close to the curl. Two die lumps appear at the top of the Y, a key to identifying this obverse. The 13 Leaves reverse shows a palm leaf appearing to touch, or nearly so, the U in UNITED.

    In 1795, the United States Mint was a fledgling institution barely two years old, and it would strike its first gold coins in mid-1795, only after the requirement was reduced that the assayer, chief coiner, and treasurer each execute surety bonds in the amount of $10,000 before gold coins could be struck. The eagle was the largest and most important American coinage denomination until the double eagle would be introduced many years later, in response to the California Gold Rush. The 1795-dated eagles fall into five die marriages, four with the 13 Leaves reverse and one with the 9 Leaves reverse. The BD-1 is the most available of the five and may have been the first variety struck. Dannreuther notes that the "the prooflike Smithsonian coin likely once owned by Chief Coiner Henry Voigt and Adam Eckfeldt, is of this variety, but appears not to be specially struck."

    This piece is an attractive example that shows no mentionable die cracks, save for a tiny one joining stars 1 through 5 on the obverse. The dentilation weak or missing on the obverse rim from about 7:30 to 9:30, and oppositely on the reverse, planchet adjustment marks appear in that same area above ED S, as well as within the wreath and at the rim above AMERI. Beautiful yellow-gold color and abundant luster remaining make this an excellent potential acquisition.
    From the collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: P5) (NGC ID# 25ZU, PCGS# 8551)

    Weight: 17.50 grams

    Metal: 91.67% Gold, 8.33% Copper


    View all of [The collection of Donald E. Bently, sold for the benefit of the Bently Foundation ]

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    Auction Dates
    January, 2014
    8th-12th Wednesday-Sunday
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