Description

    1797 Capped Bust Right Eagle, AU58+
    Heraldic Eagle Reverse
    BD-2 Variety

    1797 $10 Large Eagle AU58+ PCGS. BD-2, High R.4. Bass-Dannreuther Die State b/b. This variety marks the beginning of the Heraldic Eagle design type, part of a transitional year mintage that began with coinage of the earlier Small Eagle reverse design. The 1797 Heraldic Eagle ten claims a mintage of 10,940 pieces split between three die varieties. All 1797 Heraldic Eagle tens are from a single obverse die that has a prominent double die crack from the border through the final 7 to the bust. That crack is heavy below the 7 on this example, branches into two parallel cracks through the 7, and continues as a delicate single crack to the drapery.

    The reverse of this coin features an eagle with a long thin neck, identifying the very scarce BD-2 variety. The BD-2 variety has a surviving population of 80-100 examples in all grades and probably accounted for 3,500-5,000 pieces of the reported mintage. This was the only use of this reverse die. When W. Elliot Woodward cataloged an example of the 1797 Heraldic Eagle ten in lot 846 of the Randall Collection (Woodward, 7/1885), he noted:

    "1797 No. 1; reverse, large eagle; obverse with 16 large stars; proof."


    The following lot was another 1797 which he called variety No. 2, distinguished by the "small stars" on the obverse. Although we realize today that the same obverse was used on all three varieties of this date and type, Harry Bass noted that the obverse stars on the other two varieties have shortened points, due to lapping. This probably accounts for Woodward's large and small stars designation on the two varieties, with the large stars corresponding to BD-2. Recent auction sales of the BD-2 include the AU58 NGC coin in lot 5177 of the FUN Signature (Heritage, 1/2011) that realized $40,250.

    A lovely and lustrous yellow-gold specimen, this example shows prooflike reflectivity in sheltered areas. The obverse exhibits the usual shallow strike characteristic of this die, while the reverse has a bold strike. Faint hairlines are hidden beneath deeper honey-gold toning. Eye appeal is quite strong for the grade. Population: 28 in 58 (1 in 58+), 38 finer (3/14).
    Ex: Central States Signature (4/2013), lot 4542; Orlando Signature (7/2013), lot 3381.(Registry values: P3) (NGC ID# 25ZY, PCGS# 8559)

    Weight: 17.50 grams

    Metal: 91.67% Gold, 8.33% Copper


    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    April, 2014
    23rd-27th Wednesday-Sunday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 749

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2017 December 7 - 8 World Coins Signature Auction - Hong Kong.

    Learn about consigning with us

    Your item descriptions were spot on I'm certain they played a major role in the very successful outcome!
    John Mahoney,
    Greenwood, IN
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 August 2 - 6 ANA US Coins Signature Auction - Denver
    2017 August 2 - 6 ANA US Coins Signature Auction - Denver
    REALIZED $21,516,872
    2017 August 3 ANA World Coins & Ancient Coins Signature Auction - Denver
    2017 August 3 ANA World Coins & Ancient Coins Signature Auction - Denver
    REALIZED $7,185,874
    2017 August 3 ANA Currency Signature Auction - Denver
    2017 August 3 ANA Currency Signature Auction - Denver
    REALIZED $1,838,111