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Description

Impressive, Sharply Struck 1801 Ten, AU55, BD-2

1801 $10 AU55 NGC. Breen-6843, Taraszka-25, BD-2, R.2. Although many collectors shy away from the series because of its priciness, the Capped Bust eagle gold coins minted from 1797 through 1804 are arguably the fledgling United States' most impressive coins; wonderful mementos of that historic era when the young nation first began flexing its wings in international affairs. Produced in two subtypes with the Small Eagle (1795-1797) and Heraldic Eagle reverses (1797-1804), the entire series comprises a mintage of only 132,000-plus pieces. Of the dates produced (none made in 1802), the 1801 is the most available today, while still rare and seldom-seen in the larger scheme of U.S. coinage. Bass and Dannreuther comment, "Calling the 1799 and 1801 eagles common is only relative, as the number of survivors of each date is probably in the high hundreds or certainly not many more than a thousand of each date. Every early eagle date is rarer than, say, an 1856 Flying Eagle cent and many times rarer than a 1909-S V.D.B. Lincoln cent."
This variety is readily attributed by star 8 having two points close to the cap, and star 13 almost grazes the bust tip. The stars, of a new style, show longer and thinner spokes or spines. On the reverse, the eagle's upper beak nearly touches a star just below. The devices are surprisingly sharp on each side with strong hair detail on the obverse as well as breast feathers above the shield. Bright yellow-gold color overall with a few small contact marks in the fields. A wonderful and impressive early type coin.(Registry values: P1)

Coin Index Numbers: (NGC ID# 2627, PCGS# 8564, GSID# 9348)

Metal: 91.67% Gold, 8.33% Copper
Weight: 17.50 grams
AGW: 0.51577oz
Mintage: 44,344


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 NGC

Auction Info

Auction Dates
Apr-May, 2010
28th-2nd Wednesday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 923

Buyer's Premium per Lot:
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