1798/7
Draped Bust 10C NGC MS63 Click on Coin Image to
enlarge
1798/7
Draped Bust 10C NGC MS63 - $16,500.
Large
Eagle, JR-1. This amazing early American silver coin
is very rare and desirable to not only collectors
of early coins and specifically 1790’s coinage, but
to the investor who is searching for true quality
in a sea of mediocre coins. The overdate which is
very neat is visible to the naked eye, and the drapery
lines are strong. The coin has pleasant toning with
light silvery devices and darker shades of grey and
tan at the peripheries and is absolutely a cutie and
a keeper for both fun and profit.
Please contact me by email
or telephone 1-941-291-2156
to reserve this great coin.
Designed by Robert Scot, the obverse
shows a draped bust of Liberty facing right. Above
is LIBERTY, and below is the date. Seven six-pointed
stars are to the left and six are to the right. The
large eagle or heraldic eagle reverse shows the eagle
with up stretched wings and a Union shield on its
breast.
Designed by Robert Scot, the obverse
shows a draped bust of Liberty facing right. Above
is LIBERTY, and below is the date. Seven six-pointed
stars are to the left and six are to the right. The
large eagle or heraldic eagle reverse shows the eagle
with up stretched wings and a Union shield on its
breast. A banner inscribed E PLURIBUS UNUM curls across
the left wing and under the right. Except for the
wing tips, the inscription UNITED STATES OF AMERICA
is in an arc near the periphery. Sixteen stars are
above the eagle’s head under the clouds in an arc
pattern. Dentils are near the edge on both sides of
the coin, and the edge is reeded.
The reverse of this coin that has
16 stars is the same as the one used for the 1797
quarter eagle; however, Mint Director Boudinot realized
that the Mint could not go on forever adding stars
as new states were admitted to the union, and subsequent
issues were made with 13 stars. There are 10 coins
showing as MS-63 in the NGC census with 2/7/3 higher
in respective grades. There is no doubt in my mind
that there is duplication in this report that we’ll
never know the extent of or if I’m right or not but
even if the census was accurate, this is a very rare
coin with a growing collector and investor base as
the forward march toward quality and rarity continues
in the coin business.
