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    Description

    Problem-Free Choice XF 1796 Ten, An Underrated Rarity Among Early Eagles

    1796 $10 XF45 PCGS. B. 1-A, Taraszka-6, the only known dies, R.4. The Philadelphia Mint produced 6,934 Eagles in calendar year 1796. Those coins delivered from January through March, however, were dated 1795 with the result that the total mintage for the 1796 Eagle is only 4,146 pieces. This total is not significantly lower than that of the 1795 (5,583 pieces), but the 1796 is at least twice as rare at all level of preservation. The reason for this simple: the first-year 1795 was saved in significant numbers as a novelty, whereas the second-year 1796 circulated as extensively as possible for an early U.S. gold coin of this denomination. Advanced type collectors and gold specialists alike would be wise to take full advantage of the bidding opportunity that this lot represents. Probably a middle die state, the obverse of this coin displays a meandering crack (as struck) from the field below the E in LIBERTY to the bottom of Liberty's bust. The crack is most extensive over and above the top of the portrait. The otherwise green-gold color lightens to honey-gold shades at direct angles, and both sides retain appreciably sharp definition in most areas. Lightly worn with scattered abrasions that are mostly small in size.
    From The Collection of Dennis Ridings. (NGC ID# BFYM, PCGS# 8554)

    Weight: 17.50 grams

    Metal: 91.67% Gold, 8.33% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Dennis Ridings Collection, Part 2 ]

    Auction Info

    Auction Dates
    Feb-Mar, 2003
    27th-1st Thursday-Saturday
    Bids + Registered Phone Bidders: 23
    Lot Tracking Activity: N/A
    Page Views: 391

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