1795 $10 13 Leaves, BD-2, High R.4, AU55 NGC....

Description

1795 BD-2 Ten Dollar, AU55
13 Leaves, Famous First-Year Issue
Short-Lived Draped Bust, Small Eagle Type

1795 $10 13 Leaves, BD-2, High R.4, AU55 NGC. Bass-Dannreuther Die State a/d. The usual die state without obverse cracks or reverse clash marks. The 1795 ten dollar is an important and highly desirable issue, representing the first production of this denomination in the country's history. It also represents a short-lived design type that was only in use from September 1795 through around June 1797, when the Heraldic or Large Eagle design was introduced. Only 5,583 pieces were reportedly struck for the 1795 eagle. That total represents a significant percentage of the 13,344 Draped Bust, Small Eagle tens struck in all during that 21-month period. In effect, all of these coins are rare, and probably not much more than 500 pieces exist for the type.

There are two major reverse types and five known die pairs for the 1795 eagle. BD-3 is distinctive with nine leaves on the reverse. BD-1, -2, -4, and -5 have 13 leaves. Key diagnostics for this marriage include star 11 away from the Y in LIBERTY, and the leaf tip touching the U in UNITED. BD-2 features the same reverse die as BD-1, which served as the first die used to strike any United States ten dollar gold piece. About 90 to 100 BD-2 coins are believed extant, according to John Dannreuther.

This is a relatively high-grade Choice AU survivor that actually retains partial original mint luster around the stars and legends. Reddish accents complement otherwise bright yellow-gold surfaces that show myriad hairlines and ticks from more than two centuries of delicate handling. Definition is strong with the usual central softness and a touch of high-point rub. Adjustment marks occur over Liberty's ear and on the rim above LIBERTY. The overall presentation is most appealing.
Ex: FUN Signature (Heritage, 1/2021), lot 4101.
From The Texas Republic Ranch Collection.

Coin Index Numbers: (NGC ID# 25ZU, Variety PCGS# 45711, Base PCGS# 8551, Greysheet# 198068)

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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