1795 $10 13 Leaves, BD-1, High R.3, AU55 PCGS....

Description

1795 BD-1 13 Leaves Eagle, AU55
Beautiful Green-Gold Patina

1795 $10 13 Leaves, BD-1, High R.3, AU55 PCGS. Bass-Dannreuther Die State b/a. Yellow-gold and green-gold coloration cover the surfaces of this lovely Choice AU eagle. Light lines exist in the field, but do not detract from the overall eye appeal. Slight weakness exists on the obverse, with some hair strands and the star centers indistinct. The reverse, however, contains only slight weakness on the neck, but the wing feathers are sharply defined.

1795 represents the first year of issue for the eagle denomination, with the first 1,097 examples delivered on September 22, 1795. The typically agreed upon mintage for the year is 5,583, summing all of the deliveries through March 31, 1796. BD-1 is also the most available die marriage from this production, as well as for the Small Eagle design type overall, with an estimated 225 to 325 examples known. There are four other die marriages of the year, and the only one that is relatively available is BD-2, with around 100 known, followed by BD-4 at 60-80 known, then BD-5 with 35-45 known. The rarest variety of the year also doubles as the only known die marriage with 9 Leaves on the reverse. Approximately 20-22 examples survive.

The presently offered BD-1 die marriage comprised the inaugural production. The present example is the second of four die states, containing the crack from stars 5 through 9, but the subsequent cracks near MER and 17 have yet to develop. The failure of the obverse die led to the end of this die marriage's production, and the reverse went on to produce BD-2. However, since the production of BD-1 stretched across several deliveries, Bass-Dannreuther propose that a remarriage between the two die marriages could be possible, although this is only speculative at this time. Either way, this fantastic example of the nation's inaugural eagle would find itself equally at home in a type collection and a specialist's 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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