1795 $10 13 Leaves MS(PCGS#8551)

August 2023 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

5139

等级

AU50

价格

742,737

详细说明

Historic First Year 1795 Eagle 1795 Capped Bust Right Eagle. BD-1, Taraszka-1. Rarity-3+. 13 Leaves. AU-50 (PCGS). Offered is a sharp and desirable About Uncirculated example of the United States Mint's iconic first year ten-dollar gold eagle issue. It is a smartly impressed, ideally centered coin with just a bit of light rub to the highest elements of the design. A few faint adjustment marks (as made) behind Liberty's ear are well concealed by the strands of hair in that area. Wispy hairlines and a touch of glossiness to the texture are noted for accuracy, but much of the semi-reflective finish remains to reward the viewer aided by direct lighting. Deep, even orange-honey color throughout. BD Die State a/a. The large and impressive gold eagle served as the benchmark gold denomination for the fledgling United States' monetary system. Thirty three millimeters in diameter, the first eagles made at the Philadelphia Mint are visually striking. Designed by Robert Scot, the Small Eagle reverse type was only used for three years and was replaced in 1797 by the Heraldic Eagle reverse. The mintage of 1795-dated examples is subject to debate; the number of eagles delivered during calendar year 1795 is recorded as 5,583 pieces, but this does not include the likelihood that a significant quantity of 1795-dated coins were also made in 1796. While this is the mintage figure that is generally reported for the date, detailed studies by John Dannreuther (published 2006) indicate that the actual mintage for all 1795-dated eagles is probably between 5,859 and 10,915 coins. Four of the five die marriages used bear a reverse that has 13 leaves on the palm frond held in the eagle's talons. The BD-1 die pair, as here, is characterized by having the obverse die where the tip of the digit 5 in the date overlays the bottom of the bust, while on the reverse the eighth palm leaf is close to the letter U in UNITED. Dannreuther estimates that somewhere between 2,795 and 5,583 eagles were struck from this die pairing. With about 325 coins believed extant in all grades, BD-1 is the most available variety of the issue and enjoys strong demand from type collectors at all levels of preservation. As an early die state example with no clash marks, die cracks or evidence of lapping, the present example is especially desirable as likely among the very first Capped Bust Right eagles struck, perhaps one of the 1,097 coins delivered in the Philadelphia Mint on September 22, 1795. Provenance: From the George Schwenk Collection. Earlier from Heritage's FUN Signature Auction of January 2023, lot 3866. PCGS# 8551. NGC ID: 25ZU. Click here for certification details from PCGS. Click here to see Coins in Motion.[“Coins]