1799 $10 Large Obverse Stars, BD-10, R.3, MS63 PCGS....

Description

1799 Capped Bust Right Eagle, MS63
Popular Large Stars, BD-10 Variety

1799 $10 Large Obverse Stars, BD-10, R.3, MS63 PCGS. Bass-Dannreuther Die State a/a, the usual state, with no clashing, no lapping, no cracks. According to Mint records, the Philadelphia Mint struck a fairly substantial mintage of 37,449 Capped Bust Right eagles in 1799, with ten die varieties known for the date. Eight of the varieties have small obverse stars and two have large fat stars. This coin represents the BD-10 variety, with the Large Stars obverse, a leaf touching the I in AMERICA, and the lowest berry positioned under the left foot of the final A. The obverse die was used previously to strike the rare BD-9 variety of this date. The hardy reverse was used again to produce all the eagles struck in 1800 (the single BD-1 variety) and the BD-1 variety of 1801. John Dannreuther estimates the BD-10 dies were used to strike 12,500 to 17,500 examples of the reported mintage for 1799. The BD-10 is one of the most available varieties of the type, with a surviving population of 300 to 400 examples in all grades. Accordingly, it is a popular choice with type collectors.

The present coin is a spectacular Select example, with sharply detailed design elements throughout. The devices are well centered and the borders are fully denticulated on both sides, aside from some faintness from 7 to 9 o'clock on the obverse. The pleasing antique-gold surfaces are free of mentionable distractions, with frosty devices and a mix of satiny luster and some slight prooflike reflectivity in the fields. Overall eye appeal is outstanding. Population (both Large Stars varieties): 38 in 63 (5 in 63+), 38 finer (4/24).
Ex: Rarities Night Auction (Stack's Bowers, 11/2020), lot 9198.
From The Kestrel Collection.

Coin Index Numbers: (NGC ID# 2625, Variety PCGS# 45723, Base PCGS# 8562, Greysheet# 198075)

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.

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