1795 $10 13 Leaves, BD-4, R.5, AU55 NGC....

Description

1795 Small Eagle Ten Dollar, AU55
13 Leaves, Scarce BD-4 Die Pair

1795 $10 13 Leaves, BD-4, R.5, AU55 NGC. Bass-Dannreuther Die State b/b. The flag of 5 is close to, but does not touch Liberty's drapery and the leaf tip is farthest from U of UNITED to identify this scarce BD-4 Small Eagle ten. Star 10 touches the cap -- another identifier, although BD-4 is the only Small Eagle ten variety where 5 is clear of the bust. Early eagle attributions can be daunting but they are important to specialized collectors. John Dannreuther reports between 60 and 80 BD-4 survivors in all grades combined. This BD-4 variety is more challenging than its population indicates at the Choice About Uncirculated grade. As usual, a faint die crack emerges between stars 9 and 10 and extends across the top of LIBE in LIBERTY. A large, diagnostic die lump sits between OF and AMERICA.

Mint records indicate only 2,795 Small Eagle ten dollar coins were delivered in 1795, all struck between September 22 and November 27. However, it is almost certain that many of the eagles delivered in 1796 were struck from 1795-dated dies, so the reported mintage is adjusted to 5,583 pieces for all varieties combined. The Mint frequently continued to use serviceable dies after the calendar year ended, both as a cost-saving measure and to ease the lack of steel for new dies.

This AU55 coin retains significant mint luster despite a short time in circulation. Smooth, partially reflective green-gold surfaces avoid the abrasions that often frequent early gold coinage. Sharp definition survives with only minor high-point circulation wear. A few faint lines around TED STATES are microscopic in nature. The stars are sharp and about half of the eagle's breast feathers remain bold. It will be formidable challenge to find a better example for the popular first-year date, variety, and grade.

Coin Index Numbers: (Variety PCGS# 45712, Base PCGS# 8551, Greysheet# 198069)

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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