1795 BD-1 Eagle, MS63
1795 $10 13 Leaves MS63 PCGS. CAC. BD-1, High R.3.
The U.S. Mint produced gold coins for the first time in 1795
starting with half eagles, beginning the ten dollar gold series in
September. A modest mintage of 5,583 eagles dated 1795 was achieved
during the fiscal year, with deliveries taking place from September
27, 1795, through March 30, 1796. Five different die marriages are
known for the date, of which BD-1 is the most "common." The BD-1
obverse die is characterized by the closely spaced date, with the 1
close to the curl, and the tip of the 5 overlapping the bust. Star
11 is extremely close to Y in LIBERTY, and there are two lumps
visible in the field near Y. The reverse die has 13 leaves in the
palm branch, one of which nearly touches U in UNITED.
13 Leaves Reverse
In Early U.S. Gold Coin Varieties, John Dannreuther estimates a total surviving population of 225-325 examples of the BD-1 variety in all grades. The date may be available in the context of early U.S. gold coinage, but it is scarce in absolute terms. In Choice Uncirculated grades, it is quite rare. NGC has certified only 12 coins at the MS63 level, with seven finer; PCGS has graded only 10 examples at the Choice level, with six finer (11/12).
The present coin is a fantastic representative of this historic date. The strike is admirable for such an early issue. Some softness is noted on the central details, but the peripheries are sharp, showing bold detail on the stars. The surfaces display thick mint frost with some semiprooflike areas in the reverse field. The surfaces are amazingly clean, displaying just a few field marks and tiny planchet flaws visible through a glass. A truly extraordinary prize for the type collector or early gold aficionado.(Registry values: P5) (NGC ID# 25ZU, PCGS# 8551)
Weight: 17.50 grams
Metal: 91.67% Gold, 8.33% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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