LOT #18391 |
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1797 $10 Large Eagle, BD-4, High R.4, AU53 PCGS....
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Sold on Oct 14, 2020 for:
$28,800.00
Bid Source: Internet bidder
Description
1797 Ten Dollar, Red-Gold AU53
Heraldic Eagle, BD-4
1797 $10 Large Eagle, BD-4, High R.4, AU53 PCGS.
Bass-Dannreuther d/b. The reverse shows the usual crack through the
R in AMERICA, but the crack through the C has not yet formed. The
1797 ten dollar is interesting in that four varieties exist, and
all four feature distinct eagle types: Small Eagle, Heraldic Eagle
with a long, thin neck, Heraldic Eagle with a short, thick neck,
and Heraldic Eagle with a long, thick neck, as here. According to
John Dannreuther, writing in Early U.S. Gold Varieties: "It
is a transitional reverse between the tall and short neck
reverses." This the is most accessible 1797 die marriage with 90 to
110 pieces believed extant from a mintage of 3,500 to 5,000
coins.The obverse is mostly olive-gold with reddish accents around the devices, while the reverse is almost entirely deep red-gold in hue. Both sides are equally strong, showing just a bit of high-point friction. Faint adjustment marks appear across the portrait.
From The Maurice Storck Collection.
Coin Index Numbers: (NGC ID# 25ZY, Variety PCGS# 45719, Base PCGS# 8559, Greysheet# 198073)
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.
Auction Info
2020 October 14 - 17 The Maurice Storck Collection US Coins Signature Auction #1323 (go to Auction Home page)
Auction Dates
October, 2020
14th-17th
Wednesday-Saturday
Bids + Registered Phone Bidders: 25
Lot Tracking Activity: N/A
Page Views: 816
Buyer's Premium per Lot:
20% of the successful bid per lot.
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