1797 $10 Large Eagle, BD-4, High R.4, VF25 PCGS....

Description

1797 Capped Bust Right Ten Dollar, VF25
Large Eagle, BD-4 Variety

1797 $10 Large Eagle, BD-4, High R.4, VF25 PCGS. Bass-Dannreuther Die State d/a. The obverse was previously used to strike BD-3 eagles. The inner points of the stars are shortened by lapping, and a die break runs through the second 7 in the date. The reverse die state is perfect. The Bass-Dannreuther reference states that the Bass Collection included "a very rare example in State d/a. Only a few examples have been seen with this perfect state of the reverse die... ." Here is another example without the usual cracks through C and R in AMERICA. The present coin represents the scarce BD-4 die marriage, with a long thick neck on the eagle and an irregular cross pattern on the reverse stars. The reported mintage for the Heraldic Eagle type was 10,940 pieces, and the BD-4 variety probably accounted for 3,500-5,000 examples of the total. John Dannreuther estimates a surviving population of 90-110 pieces in all grades.

This coin shows considerable wear on the devices, yet all lettering and major detail are present. The fields exhibit minor abrasions and faint hairlines, but no adjustment marks exist. All in all, the coin is an acceptable, well-circulated representative of this early eagle in a rare die state.
Ex: ANA Signature (Heritage, 8/2017), lot 4152.

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.

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