1797 $10 Large Eagle, BD-4, High R.4, MS63 PCGS....

Description

1797 BD-4 Heraldic Eagle Ten, MS63
The Final Variety Struck in 1798

1797 $10 Large Eagle, BD-4, High R.4, MS63 PCGS. Ex: Harry W. Bass, Jr. Collection. Bass-Dannreuther Die State d/b with reverse die cracks through the R and C of AMERICA, and from the border to the tip of the eagle's tail. Two obverse die cracks through the second 7 of the date have joined to form an internal cud between the upright and serif of that digit.

The study of die states and emission sequences is an important aspect of Mint history, and an integral step in estimating mintage quantities for individual varieties. The obverse die was used for all three 1797 Heraldic Eagle varieties, and appears here in its latest die state. The reverse die of another variety, BD-3, was also used for both 1798 varieties, but is found in a later die state for its 1797 use, proving that the BD-3 and BD-4 eagles of 1797 were both struck after the 1798 eagles. John Dannreuther estimates a mintage of between 3,500 and 5,000 coins for the 1797 BD-4 eagles, with a surviving population between 90 and 110 coins.

This Select Mint State piece is stunning, exhibiting brilliant and highly lustrous yellow-gold surfaces with splashes of rose toning on the reverse. Faint hairlines and a thin obverse scratch are all that separate this piece from finest known honors. This is a coin with few peers. For all varieties, PCGS has certified 50 Mint State 1797 eagles, while NGC adds 56 Mint State submissions. Just two pieces are certified finer: one MS63+ PCGS coin (BD-2) and one MS64 NGC coin (variety unknown). PCGS Population: 7 in 63 (1 in 63+), o finer (11/22).
Ex: Goliad Corporation (3/4/1991).
From The Harry W. Bass, Jr. Core Collection, Part II.

Coin Index Numbers: (NGC ID# 25ZY, Variety PCGS# 45719, Base PCGS# 8559, Greysheet# 198073)

Weight: 17.50 grams

Metal: 91.67% Gold, 8.33% Copper

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.

View Certification Details from PCGS