1799 $10 BD-10, Large Stars MS(PCGS#45723)

August 2019 ANA U.S. Coins Auction Rosemont, IL

拍卖行

Stack's Bowers

批号

4028

等级

AU53

价格

143,994

详细说明

Second 1799 BD-10 Eagle Late Die State 1799 Capped Bust Right Eagle. BD-10, Taraszka-22. Rarity-3. Large Obverse Stars. AU-53 (PCGS). Type and Style:Type II: Capped Bust Right, Heraldic Eagle. Style VII: Head of 1795 with 13 large stars arranged eight left, five right; Reverse of 1799 with 13 small stars in the field below the clouds and a short, thick neck on the eagle. The head and eagle punches are attributed to hubs prepared by Robert Scot. Die Variety: BD-10, Taraszka-22, Breen 5-G, HBCC-3191. This variety represents the second and final use of this obverse die and the first of three uses of this reverse die. The large size of the stars is definitive for this obverse die, the only one of the 1799 Large Obverse Stars Guide Bookvariety. Closer inspection also reveals repunching to the second digit 9 in the date. On the reverse, the tip of a leaf in the olive branch is joined to the right foot of the letter I in AMERICA and the lowest berry in the branch is under the right foot of the final letter A. Die State: BD Die State b/b. This is the later of only two confirmed die states of this variety. The obverse exhibits prominent cracks at stars 6 and 7. One of these starts at the border and extends into star 6. The other starts at the border outside stars 7 and 8 and curves down through the outermost points of star 7, where it divides into two cracks, then merges back into one crack before joining the aforementioned crack within star 6. There is also light crumbling within the dentils outside stars 12 and 13, as well as a tiny die chip at the border past star 8. In this later die state, the reverse has been lightly lapped with some of the detail now missing from the clouds below the letters STAT in STATES. Estimated Mintage for the Issue: The conventionally accepted mintage has been 37,449 coins for the 1799 Capped Bust Right eagle issue, based on Walter Breen's assumption that all of the coins delivered between May 14, 1799, and September 4, 1800, were from 1799-dated dies. After careful study, Dannreuther provides a revised range of 31,750 to 46,250 pieces produced, the lower estimate allowing for the possibility that some 1797 BD-3 and/or BD-4 coins were included in Breen's 37,499-piece mintage, and the upper estimate allowing for the possibility that some 1799-dated eagles were also included in later deliveries. Estimated Mintage for the Variety: Dannreuther estimates that 12,500 to 17,500 examples were coined from the 1799 BD-10 dies. Estimated Surviving Population for the Variety: Three hundred to 400 coins are believed extant in all grades (per Dannreuther). Strike: This is a sharply struck early eagle, with both sides displaying nearly full definition despite the presence of light high point rub. The impression is expertly centered on both sides with uniformly denticulated borders. Surfaces: Both sides are richly toned in deep olive-gold, with more vivid lilac and reddish-rose peripheral highlights that are more extensive on the obverse. Wispy handling marks are inconspicuous; two tiny nicks within the top of Liberty's cap are the only useful provenance markers. Commentary: Mr. Taraszka acquired two 1799 BD-10 eagles to represent both of the known die states for this relatively available variety. The present example illustrates the later of these two die states, and is a coin that would do equally well in an advanced type set or specialized early gold variety collection. Provenance: From the Anthony J. Taraszka Collection. Acquired September 1996. Formerly in B. Max Mehl's sale of the Jerome Kern Collection, May 1950. PCGS# 45723. NGC ID: 2625. Click here for certification details from PCGS.