LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Signature Coin #422  / 

3634

1801 $10 MS64 NGC. Breen 1-A, Breen-6843, Taraszka-24,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:16,000.00 USD Estimated At:1.00 - 2.00 USD
1801 $10 MS64 NGC. Breen 1-A, Breen-6843, Taraszka-24,
<B>1801 $10 MS64 NGC.</B></I> Breen 1-A, Breen-6843, Taraszka-24, Bass-3193, BD-1, R.5. Specialists in the series of early eagles will immediately recognize the importance of this offering. Nearly every known 1801 eagle, regardless of grade, is an example of the <I>other</B></I> variety, and only about 5% of the existing population of the date is this die combination.<BR> We have records of just five Mint State examples of this die marriage, and the present piece is the finest of those. Even the Harry W. Bass, Jr. Core Collection coin, retained by the Bass Foundation and currently on display at the ANA, is no finer than this piece. That coin was graded MS63 by Superior in their session of Auction '89. Bass had two duplicate examples of this variety, an MS61 example and an AU58 coin.<BR> The rarity of this variety is directly related to obverse die cracks, especially the crack between the 0 and 1 of the date. Further die cracks appeared and the die was soon unserviceable. The reverse faired much better, seeing use with obverse dies dated 1799, 1800, and 1801. John Dannreuther discusses the emission sequence: "This variety was struck between the first 1800 coins and the later states of that same issue. Because this 1801 obverse and its 1799 reverse were both in advanced stages of failure, the production of this variety was limited. The obverse quickly was rendered totally useless because of severe cracking, thus the 1800 obverse was remarried with this reverse die for more strikes. The reverse, as noted, was also failing and soon would also be replaced; it appears that the 1800 obverse and this reverse simultaneously fail, as the next variety employs a new obverse and reverse."<BR> This specimen is an impressive near-Gem example and, as we noted earlier, is probably the finest existing specimen of this die combination. It is sharply struck with excellent design definition, especially on the reverse. A few wispy hairlines and faint abrasions on each side keep it from a Gem grade level. Both sides are fully brilliant with soft, frosty luster. The obverse has a die crack between the 0 and 1 of the date, and the reverse has a die crack through the eagle's tail and the olive branch. Faint clash marks from dentils are visible above STAT. Anthony Taraszka notes that the final states of the <I>1800</B></I> eagle have a vertical die crack right of the eagle's tail, but that crack does not appear on this example, thus confirming the emission sequence.<BR><I>Ex: Heritage Internet (1/2000), lot 2256; Heritage Bullet (2/2000), lot 399; Heritage (1/2001), lot 8263; Bowers and Merena (1/2003), Lot 711.</B></I><BR><I>From The Freedom Collection.</B></I><BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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