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Description

Original 1801 Eagle, BD-2, MS62
Conditionally Rare Type Coin

1801 $10 MS62 PCGS. Breen-6843, Taraszka-25, BD-2, R.2. Star 13 nearly touches the bust, and all of the peripheral stars touch or virtually so. Star 8 is close to the cap. The star spines are thinner and longer than on the much-rarer (R.5) BD-1 die pairing. On the reverse, the eagle's beak nearly touches a star just below its point.
While the BD-2 is one of the more available early eagle varieties, in such impressive condition as the present coin, it is a rare prize indeed. The greenish-gold surfaces boast "original skin" and enormous eye appeal. There are few abrasions and no adjustment marks on either side, although axial die misalignment has caused the left-side devices to be more strongly struck than the right-side. This is nonetheless an extremely appealing and conditionally rare type coin. Population: 62 in 62, 74 finer (3/10).
John Dannreuther writes in Early U.S. Gold Coin Varieties:

"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 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 VDB Lincoln cent. These too are great collector coins, but when one gazes upon an early eagle, there is a certain thrill in just viewing such an impressive masterpiece."
(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 PCGS

Auction Info

Auction Dates
Apr-May, 2010
28th-2nd Wednesday-Sunday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 915

Buyer's Premium per Lot:
15% of the successful bid per lot.

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