1799 $10 Small Stars Obverse--Double Struck with Obverse Rotation--MS62 NGC....

Description

Double Struck 1799 Irregular Date Eagle

1799 $10 Small Stars Obverse--Double Struck with Obverse Rotation--MS62 NGC. Irregular Date, Breen-6840, B. 4-E, Taraszka-19, R.3. A spectacular mint error to find on an Early Eagle, and presumably unique as such. The obverse is double struck, with a counterclockwise spread of a couple of degrees between images. Outlines of the legends, stars, and portrait from the initial strike are nearly intact. Interestingly, the reverse does not display any indication of a second strike. Two competing theories could explain this. One possibility is that the obverse die rotated slightly between strikes while the reverse die was stationary, perhaps because of loose screws holding the obverse die in place. A second possibility is that two planchets were in the coining chamber for the first strike, with the second planchet blocking an impression of the reverse die. Under this theory, the second piece was removed and the present coin was carefully centered and struck a second time.
Regardless of the actual process of its manufacture, this is a formidable Capped Bust Heraldic Eagle. The breast feathers are fully developed, and adjustment marks (as made) are limited to the reverse border near 10 o'clock. The fields deliver semi-prooflike flash, and the only noticeable mark is a short pinscratch behind the cap.
Ex: R.K. Hoffman Collection (Herbert Melnick, 11/1982), lot 196.
From The Mark Hayfield Collection of Mint Errors.(#98562) (Registry values: P2)

Coin Index Numbers: (NGC ID# 2624, PCGS# 98562, Greysheet# 9346)

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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