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    Description

    1795 Capped Bust Right Eagle, AU53
    13 Leaves, BD-2 Variety
    First-Year of U.S. Gold Coinage

    1795 $10 13 Leaves, BD-2, High R.4, AU53 NGC. Bass-Dannreuther Die State a/d, with some faint die cracks and signs of lapping on the reverse. The U.S. Mint struck gold coinage for the first time in 1795 and the ten-dollar eagles were the second denomination produced. Mint records indicate 5,583 Capped Bust Right eagles were struck with the 1795-dated dies, with 10 deliveries stretching from September 22, 1795 to March 6, 1796. It is possible some 1795-dated coins were struck later in 1796, as well, since the Mint often continued using dies that were still serviceable, regardless of the calendar year.
    Five die varieties are known for the date, four with 13 leaves on the palm branch on the reverse and a single rare variety with only nine leaves. This coin represents the BD-2 variety, with 13 leaves on the branch, one of them nearly touching the U in UNITED, and star 11 positioned away from the Y in LIBERTY. John Dannreuther estimates the surviving population of BD-2 at 90-110 examples in all grades. This was the first use of the obverse die, which was used again to strike the BD-3 variety of this date. This was the final use of the reverse die, which was used previously to produce the BD-1 variety. The BD-2 die pair probably struck between 1,500 to 2,332 examples of the reported mintage.

    The present coin is an impressive AU53 specimen, with well-detailed design elements that show just a touch of friction on the high points of the devices. Some faint planchet adjustment marks are evident on the bust, but the pleasing orange-gold surfaces are lightly abraded and retain significant amounts of original mint luster. A few amber alloy specks and subtle hints of reddish-gold patina visit both sides. Eye appeal is quite strong for the grade.
    From The Key Coin Collection. (NGC ID# 25ZU, Variety PCGS# 45711, 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.

    View all of [The Key Coin Collection ]

    Auction Info

    Auction Dates
    January, 2020
    8th-12th Wednesday-Sunday
    Bids + Registered Phone Bidders: 13
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