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ANA Signature US Coin Sale 1258  2-6 Aug 2017
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Lot 4152

Starting price: 1 USD
Price realized: 12 000 USD
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Early Eagles
1797 $10 Large Eagle, BD-4, High R.4, VF25 PCGS. Bass-Dannreuther Die State d/a. The obverse was previously used to strike BD-3 eagles. The inner points of the stars are shortened by lapping, and a die break runs through the second 7 in the date. The reverse die state is perfect. The Bass-Dannreuther reference states that the Bass Collection included "a very rare example in State d/a. Only a few examples have been seen with this perfect state of the reverse die... ." Here is another example without the usual cracks through C and R in AMERICA. The present coin represents the scarce BD-4 die marriage, with a long thick neck on the eagle and an irregular cross pattern on the reverse stars. The reported mintage for the Heraldic Eagle type was 10,940 pieces, and the BD-4 variety probably accounted for 3,500-5,000 examples of this total. John Dannreuther estimates a surviving population of 90-110 pieces in all grades.
The coin offered here shows considerable wear on the devices, but all lettering and major detail is still present. The fields exhibit a few minor abrasions, but no adjustment marks are evident. This coin is a very acceptable, no problems representative of this early eagle.

HID02901242017
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