Goldberg Coins and Collectibles

Sale 47

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Lot 4456

1798/7 $10 Capped Bust. 9 stars left, 4 right. . BD-1, Breen-6836c, T-9. PCGS graded AU-55. In PCGS holder 3504648. Lovely shades of gold toning with semi reflective surfaces. A highly lustrous specimen whose distinctive toning highlights the modestly frosted motifs; fields are, like several other specimens that are known in this grade, somewhat mirrored. Both 1798 overdates are greatly prized rarities in all grades. For the 9 stars left, 4 right variety the stated mintage was 900 pieces (according to the Guide Book). It should be noted that all 1798 eagles are overdates; a second variety with the stars arranged 7 left, 6 right is rarer than the offered variety. A small planchet flake is noted. It is at the tip-end of the olive branch, perhaps the most prominent identifier on the coin since everywhere else the surface seems to have missed the usual amount of surface abrasion. In the end, this is a choice coin for the AU55 grade assignment. Again, we'd like to remind collectors that it is a great American classic gold rarity, one of which only a few examples are known. Some estimates put the population at 100 examples, which seems reasonable, though many of these are off the market permanently in museums or old-time estates where they will never be offered for sale. It doesn't cost you a nickel to view this lot during the lot viewing period. But expect to pay a strong premium for the date, the rarity, and its high quality. We are sure the next owner will get a great deal of pleasure out of owning it. Pop 9; 7 finer, 4 in 58, 2 in 61, 1 in 62 (PCGS # 8560) .
Estimated Value $60,000 - 70,000.
Ohringer Family Trust Holdings.

Realized $66,125

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