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    Description

    1795 Capped Bust Right Eagle, AU58
    First U.S. Ten Dollar Issue
    13 Leaves, BD-1 Variety

    1795 $10 13 Leaves, BD-1, High R.3, AU58 NGC. Bass-Dannreuther Die State b/a, with a die break through stars 5 through 9. From a first-year mintage of 5,583 pieces, the 1795 Capped Bust Right eagle has been a favorite with collectors since the earliest days of the hobby. In his excellent series reference Early U.S. Gold Coin Varieties, John Dannreuther identifies five different die varieties for the date. The coin offered here is a representative of the popular BD-1 variety, with a leaf touching the U in UNITED and star 11 nearly touching the Y in LIBERTY. The BD-1 examples were the first ten dollar gold coins ever struck for circulation by the Philadelphia Mint. It is possible that the BD-1 is the only variety that was actually struck in 1795, as the Mint often used serviceable dies to strike coins long after the calendar year changed over. It may be that the other four varieties were all struck from leftover dies in 1796, but that cannot be confirmed. Working with delivery reports and frequency of auction appearances, Dannreuther postulates the BD-1 dies probably struck 2,795-5,583 pieces of the reported mintage. The surviving population numbers 225-325 examples in all grades today. This was the only use of the obverse die, but the reverse was used again to strike the BD-2 variety.

    This impressive near-Mint specimen exhibits just a trace of wear on the high points of the design elements, which were strongly impressed in most areas, but show weakness in the dentils from 8 to 10 o'clock on the obverse and the corresponding area on the reverse. The pleasing antique-gold surfaces are lightly abraded and no planchet adjustment marks are evident. The overall presentation is most attractive. This coin should find a home in a fine collection or type set. Census: 41 in 58 (1 in 58+), 60 finer (9/19). (NGC ID# 25ZU, Variety PCGS# 45710, Base PCGS# 8551)

    Weight: 17.50 grams

    Metal: 91.67% Gold, 8.33% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    January, 2020
    8th-12th Wednesday-Sunday
    Bids + Registered Phone Bidders: 22
    Lot Tracking Activity: N/A
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