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    Description

    1796 Ten Dollar, BD-1, AU58
    Vibrant Orange-Gold Color

    1796 $10 AU58 NGC. Breen-6832, Taraszka-6, BD-1, R.4. Bass-Dannreuther Obverse State a/Reverse State b. After producing a reported 5,583 examples of the eagle in 1795 of the Capped Bust to Right, Small Eagle type, with five known die marriages between them, the Mint in 1796 recorded a further 4,146 coins--all of a single die marriage. It is sometimes forgotten that the two dates are actually different subtypes, the earlier date bearing 15 stars (10x5 on all), the later bearing 16 stars, arranged 8x8. The new star arrangement reflects the admission of Tennessee to the Union on June 1, 1796, so the coins were presumably struck (and the dies prepared) after that time. The eagle obverse star layouts through 1797 are all over the map--one variety shows 12x4 stars--before generally falling back into some arrangement of 13 stars in 1798.
    The single variety known for 1796, BD-1, was produced from a unique 1796-dated obverse die (not an overdated die reused from 1795), but the reverse die was carried over to strike the BD-1 variety of 1797. Given the symmetrical 8x8 star arrangement, the engraver chose to position LIBERTY over the Liberty cap, with the LI quite close, almost touching. Star 16 is fairly close to the tip of the bust and has two points facing it, while star 1 is fairly distant from the lowest hair curl. The reverse has 11 leaves on the palm branch, as compared to the 9- and 13-leaf reverses seen in 1795.
    This near-Mint State piece offers generous mint luster over vibrant orange-gold surfaces. Only minor high-point wear separates the coin from Mint State. A loupe reveals a few moderate adjustment marks in the center obverse, along with some undistracting contact marks away from the focal areas. A small scrape before the bustline and through star 16 is noted. The reverse is relatively free of adjustment marks and abrasions. A small die crack below TES joins the two sides of the wreath.
    This super coin should attract legions of type collectors and early gold specialists, both for its high grade and excellent eye appeal. Census: 28 in 58, 15 finer (12/10).(Registry values: P6)

    Coin Index Numbers: (NGC ID# BFYM, PCGS# 8554)

    Weight: 17.50 grams

    Metal: 91.67% Gold, 8.33% Copper


    View Certification Details from NGC

    Auction Info

    Auction Dates
    January, 2011
    5th-9th Wednesday-Sunday
    Bids + Registered Phone Bidders: 13
    Lot Tracking Activity: N/A
    Page Views: 1,438

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    We also followed the bidding online yesterday here in Salt Lake for the other 3 coins - great fun. Prices realized met or exceeded our expectations.
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    Salt Lake City, UT
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