1799 $10 Small Stars Obverse MS(PCGS#98562)

Winter 2022 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

4019

等级

MS63

价格

508,487

详细说明

Semi-Prooflike Choice Mint State 1799 BD-7 Eagle The Farouk Specimen 1799 Capped Bust Right Eagle. BD-7, Taraszka-19. Rarity-3. Small Obverse Stars. MS-63 (PCGS). Type and Style:Type II: Capped Bust Right, Heraldic Eagle. Style VI: Head of 1795 with 13 small stars arranged eight left, five right; Reverse of 1799 with 13 small stars in the field below the clouds and a short, thick neck on the eagle. The head and eagle punches are attributed to hubs prepared by Robert Scot. Die Variety: BD-7, Taraszka-19, Breen 4-E/B, HBCC-3188. This variety represents the first of two uses of this obverse die and the second of two uses of this reverse die. The obverse exhibits a pronounced slant to the right for the digits 17 in the date, the final digit 9 is close to the bust, and star 9 nearly touches the letter Y in LIBERTY below its right serif. The reverse exhibits several small, shallow rust lumps in the field before and within the letter U in UNITED, a diagonal die line between the upright and right serif of the letter T in the same word, and a short spine from the upper edge of the third feather from the top of the eagle's left wing tip. Star 1 is clear of the eagle's beak. Die State: BD Die State b/c. This is one of the earliest known die states of this variety. The obverse is perfect with the exception of minor crumbling within the dentils outside stars 1 and 2. The reverse exhibits no cracks, but it has been lapped with the tops of the first four clouds incomplete, as inherited from the 1799 BD-6 variety (Die State b), the only one that we have positively confirmed to exist for that pairing. In Reverse Die State c, seen here, there are now clash marks from Liberty's portrait in the star field, at the upper left corner of the shield, within the bottom of the shield, and between the eagle's tail and arrow butts. Closer inspection also reveals faint clash marks from the date in the upper reverse field between the words STATES and OF. Estimated Mintage for the Issue: The conventionally accepted mintage has been 37,449 coins for the 1799 Capped Bust Right eagle issue, based on Walter Breen's assumption that all of the coins delivered between May 14, 1799, and September 4, 1800, were from 1799-dated dies. After careful study, Dannreuther provides a revised range of 31,750 to 46,250 pieces produced, the lower estimate allowing for the possibility that some 1797 BD-3 and/or BD-4 coins were included in Breen's 37,499-piece mintage, and the upper estimate allowing for the possibility that some 1799-dated eagles were also included in later deliveries. Estimated Mintage for the Variety: Dannreuther estimates that 10,000 to 15,000 examples were coined from the 1799 BD-7 dies. Estimated Surviving Population for the Variety: Two hundred fifty to 350 coins are believed extant in all grades (per Dannreuther). Strike: This expertly produced early eagle is sharply to fully struck within uniformly denticulated borders. Surfaces: Lustrous satin to softly frosted surfaces are semi-prooflike in the fields as the coin dips into a light. Both sides are enhanced by lovely, vivid color in bright greenish-gold. Wispy handling marks are easily overlooked on this solidly graded and visually appealing Choice Mint State example. Commentary: BD-7 is the most available die marriage of the 1799 Small Obverse Stars Guide Bookvariety of the 1799 eagle, and the second most plentiful of the issue as a whole after BD-10 (Large Obverse Stars). The present example is sure to be of particular interest to high quality gold type collectors. Provenance: From the Harvey B. Jacobson Jr. Collection. Earlier ex King Farouk of Egypt; Sotheby's sale of the Palace Collections of Egypt, February 1954, lot 187; Heritage's sale of the Maurice Storck Collection, October 2020 Signature Auction, lot 18392. Lot tag and collector envelope with provenance notation included. PCGS# 98562. NGC ID: 2624. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.