1797 $10 Large Eagle AU55 NGC....

Description

Attractive 1797 BD-3 Eagle, Choice AU

1797 $10 Large Eagle AU55 NGC. Breen-6835, Taraszka-11, BD-3, R.5. There are three known varieties of Large Eagle ten dollar gold coins dated 1797. The coin offered here is a specimen of the BD-3 variety, characterized by the irregular cross pattern of stars on the reverse. The BD-3 variety is considered the scarcest variety of the date, with a surviving population of 40-50 pieces. In Early U.S. Gold Coin Varieties, John Dannreuther surmises that this variety may have been struck after the 1798/7 varieties, based on die state evidence. Population data may be deceptive as early submissions were not attributed by variety.
The present coin is an attractive specimen of this scarce date. Only light wear shows on high points, such as the eagle's breast. Much original luster and color remain, mixed with areas of golden-brown. Scattered surface marks are not individually distracting.(Registry values: P3)

Coin Index Numbers: (NGC ID# 25ZY, PCGS# 8559, GSID# 9344)

Metal: 91.67% Gold, 8.33% Copper
Weight: 17.50 grams
AGW: 0.51577oz
Melt Value: $492.56
Gold Spot: $955/oz (07-31-2009)
Mintage: 10,940

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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