NOT SOLD (BIDDING OVER)
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This item WAS NOT SOLD. Auction date was 2006 Feb 07 @ 18:00UTC-8 : PST/AKDT
An elevated degree of smooth reddish gold luster springs to life on this handsome example of the rare "small eagle" Type. Highlights include bold stars on both sides of Liberty, a bold cap along with excellent hair definition that the picture shows has no problems about it whatsoever. And where close examination with a glass on most 1796 eagles reveals detail that is somewhat yielding at the reverse, here we find the opposite: much more detail can be found on the eagle, its head, wings, legs, and especially its nice breast feathers, than on the typical example of the Type. A rock-solid example in its grade that will delight the connoisseur of these rare early gold pieces.
Just one die variety is known for the 1796 capped bust eagle. The obverse stars total 16, reflecting Tennessee's admittance as a new state, arranged eght and eight. LIBERTY is positioned higher on the obverse than on the 1795 varieties, starting from the peak of Liberty's cap (farther left than on the 1795 coin) and ending adjacent her forelocks. The palm branch on the reverse now bears 11 leaves instead of 13 or nine as in 1795. The mintage is 4,146, accounting for the coin's rarity in all grades.
Auction Location:
9478 W. Olympic Blvd, Beverly Hills, California, United States
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