Eagle - 1799 $10 Gold Ealge PCGS MS62, Small
Stars Obverse. T-19, BD-7, R-3 (Irregular Date sub-variety).
Gorgeous and choice mint state early gold eagle. Small
stars variety. Early eagles are considered among the
greatest of all US numismatics among collectors and
investors. The specimen here is of the small stars variety
and a more scarce variety which will most certainly
please the fussiest of graders and collectors.
1799 $10 (Small Stars/Irregular date
obverse, BD-7, R-3) PCGS MS-62. One has to wonder why
this specific coin survived in such magnificent quality
for well over 200 years. Still considered to be a “common”
date, at least within the context of the series, this
is a date that is often included to represent the type
in an advanced type set. Demand is further increased
by the 17xx date, which appears to increase demand for
any given American coin, a certain mystery that surrounds
the first two digits. For collectors of the early eagles,
all minted in limited quantities from 1795 to 1804,
this is also an important offering as finer examples
are seldom encountered.
The coin we offer here is a representative
of the so-called small stars obverse variety, separately
listed in the Red Book. It is believed that this variety
was the first struck, and that the Mint used to the
large stars type once the small star punch broke. In
fact, all subsequent obverse dies would use the large
stars obverse variety. The variety is further identified
on the obverse by the irregularity of the date numerals,
which were punched individually into the working die
by hand. The reverse was used on one earlier variety,
but also saw its last use with this die combination.
This specific variety is generally considered to be
the most available for the year (although the small
stars obverse is scarcer than the large stars obverse),
but this does not necessarily mean that it is common.
With an estimated mintage of 10,000 to 15,000 and 250
to 300 known in all grades (per Bass-Dannreuther, Early
U.S. Gold Coin Varieties), this would be considered
to be a prime rarity in many other series.
As previously mentioned this is a rare
uncirculated survivor, retaining its originality to
this day. Full luster is visible on both sides, and
the coin lacks the dipped out surfaces that are seen
on so many of these coins. No individual abrasions are
worth mentioning, with only a few minor marks scattered
in the fields. The strike is sharp, with only slight
weakness (common for this issue) visible on the highest
points of the design. In all, this is an important offering
of this ever popular early American gold coin.
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