1804 $10 Crosslet 4 AU55 PCGS....

Description

Impressive 1804 BD-1 Eagle, AU55

1804 $10 Crosslet 4 AU55 PCGS. Breen-6847, Taraszka-31, BD-1, High R.4. The obverse has a faint crack from the date to stars 1 through 6. The reverse has a crack from the final A to the tail feathers and left top of the U, a second crack through the centers of UN, and a third crack from the top of U to the top of E.
Although it is more plentiful than once thought, the 1804 Crosslet 4 eagle is an elusive rarity in the series that is seldom encountered in any grade. It is clearly the rarest date of the 1795 to 1804 series with the sole exception of 1798, a rival date. John Dannreuther estimates a surviving population of 80 to 100 coins, from a mintage of less than 3,757 pieces. As the final date found on the series, the 1804 is often chosen for type collections, although the distinction of the final coin struck goes to 1803 BD-6, which shares the same reverse die but in a later die state.
This stunning Choice AU has deep green-gold surfaces with rose, lilac, and pale blue toning on each side. A few faint adjustment marks can be seen in the left obverse field. It is always a pleasure to handle and study an original early gold piece that has avoided any type of cleaning or other "conservation." This piece is only the 18th 1804 eagle that we have handled in any of our actions since 1993, and it is the third finest. We handled an MS61 NGC piece five years ago, and an MS60 NGC coin a decade before that. Population: 7 in 55, 14 finer (6/09).
From The R.M. Phillips Limited Partnership Collection.(Registry values: P4)

Coin Index Numbers: (PCGS# 8566, Greysheet# 9352)

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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