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1799 $10 Large Obverse Stars, BD-10, R.3, MS64 PCGS. CAC....
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Description
1799 Large Stars Eagle, BD-10, MS64
Lovely, Glowing Mint Luster
Few Coins Certified Finer
1799 $10 Large Obverse Stars, BD-10, R.3, MS64 PCGS. CAC.
Bass-Dannreuther Die State a/a. BD-10 is one of the most often seen
of the 10 1799 eagle varieties, and is by far the more plentiful of
the two Large Stars die pairings. The obverse die, one of just four
known of any date to feature the Large Stars punch type, is seen
here in its second use, having been previously employed for the
other Large Stars 1799 variety, the very rare BD-9. The change in
punch style from the previously used Small Star type is likely the
result of the former punch having broken. John Dannreuther also
reasons that a broken punch probably resulted in the retirement of
this Large Star type in 1801.The reverse die is seen here in its first of three uses, later employed for the single 1800 variety (BD-1) and the scarcer 1801 marriage (BD-1). In 1801, it cracked terminally during its remarriage to the 1800 obverse and was retired.
With 300 to 400 examples believed extant, BD-10 -- and by extension, the entire 1799 eagle issue -- is a popular choice for type purposes; only the 1801 BD-2 variety is more available in the context of the Draped Bust type. Availability, however, is largely restricted to circulated or lower Mint State grades; BD-10 becomes notably scarce at the Choice grade level, and finer pieces are distinct rarities.
Our most recent offering of this issue in MS64 was in our February 2012 Long Beach Signature sale, where an NGC coin brought $92,000; a few months before, another NGC MS64 example garnered $126,500 in our August 2011 Chicago Signature sale. We feel the present CAC-endorsed PCGS coin rivals both pieces in terms of eye appeal, and is also outstanding in technical merit. Luminous, softly frosted honey-gold luster glows on each side with only a few faint disturbances in the obverse fields. The peripheral stars are sharp, and Liberty's hair curls are well-defined. On the reverse we note trivial softness on Star 3 and on the lowest point of the shield near the eagle's left (facing) talons. A lovely coin, suitable for the finest collection of early gold eagles. Population, both Large Stars varieties included: 28 in 64, 9 finer (2/15).
From The Big Sky Collection.
Coin Index Numbers: (NGC ID# 2625, Variety PCGS# 45723, Base PCGS# 8562)
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 Big Sky Collection ]
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