LOT Old Heritage Auctions  /  2007 November Houston, TX US Coin Sign. #370  / 

61694

1795 $10 13 Leaves--Altered Surface--NCS. Unc.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:32,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1795 $10 13 Leaves--Altered Surface--NCS. Unc.
<B>1795 $10 13 Leaves--Altered Surface--NCS. Unc. Details.</B></I> 13 Leaves, Breen-6830, Taraszka-4, BD-4, R.5. BD-4 is the rarest 13 leaf 1795 variety, edging out the also scarce BD-5. The majority of 13 leaf 1795 tens are BD-1, although BD-2 shows up regularly as well. BD-4 is promptly identified by the location of star 10, which virtually touches the cap. Another useful diagnostic is the large die lump on the reverse at 2 o'clock, although this lump is also seen on BD-5, since both varieties share the same reverse die. Designated as Uncirculated Details by NCS, the present example has minor gray-tinged flatness on the eagle's breast and neck, but the overall strike is sharp. Faint hairlines are detected with a loupe and patience, and the selected portions of the fields are glossy, mostly beneath the eagle's head and on each side of the portrait. Faint, parallel, and mint-made adjustment marks are limited to the upper reverse border.<BR> 1795 was the first year of gold production at the First Philadelphia Mint. High surety bonds limited 1793 coinage to copper cents and half cents. The bonds were reduced to allow silver half dimes, half dollars, and dollars in 1794. Finally, half eagles and eagles were struck in 1795, while quarter eagles had to wait until 1796 for their turn. 1795 half eagles are more plentiful than their ten dollar counterparts, which is understandable given the imposing purchasing power of the latter denomination. Eagles of the initial Capped Bust Right, Small Eagle type were only coined between 1795 and 1797, and have a combined mintage of only 13,344 pieces. Most were melted before 1834, when the weight of gold coins was reduced to allow belated domestic circulation.<BR><BR><B>Coin Engraver:</B> Robert Scot<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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