1801 $10 MS63 NGC. BD-2, R.2....

Description

1801 Eagle, BD-2, MS63
Early Die State

1801 $10 MS63 NGC. BD-2, R.2. Bass-Dannreuther Die State a/a. Exact mintages are difficult to state with certainty for virtually all early Large Eagle gold. Mint deliveries were inexact about what date was delivered, and the Mint had a penchant for choosing any die that had life left for the current production, sometimes without regard to the year being coined. The result was the possibility that some quantities struck and shipped in 1801 were, in fact, either 1800-dated coins, or even some dated 1799.

The Bass-Dannreuther reference lists several examples of questionable deliveries, and most mintages are no more than approximations, even though they are reported as exact numbers by the Mint. With a nod to this minor lack of accuracy, it is known that most 1801 Large Eagle tens produced were of this BD-2 variety, characterized by two points of star 8 being much closer to the cap than the scarcer BD-1 variety for the year. Perhaps as much as 90% of the reported 44,344-piece mintage was the BD-2 variety.

This is good news for type collectors and for those who collect by a single representative of each date within the series. The variety is readily available in many conditions, and possibly as many as 800 pieces survive in all grades. It becomes scarce, however, in Select Uncirculated state or finer, when it is highly sought by collectors assembling advanced type sets.

This excellent MS63 candidate displays attractive, lustrous surfaces and tremendous eye appeal. A bold strike on both sides of the coin complements vibrant yellow-gold color with orange and lime-green accents. The surfaces show only a few scattered abrasions wispy hairlines -- none of which are significant in relation to the assigned grade. Census: 41 in 63, 25 finer (7/14).(Registry values: P1)

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

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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