Lot 1405
1838. NGC graded AU-55. This is one of a very select group of eagles struck in 1838 with the first appearance of the Gobrecht Coronet or Liberty design. The eagle or $10 gold piece had not been struck since 1804 and with some determination the Mint again decided to strike these large, handsome coins. Mint Engraver Christian Gobrecht was given the task or designing a new $10 gold coin for circulation. This initial design was most elegant, but apparently created some difficullties in striking as the head of Liberty was changed in mid 1839. Here we see a long swept back curl of hair from Liberty's temple to her beaded cord tying up her hair bun. This feature was changed in mid 1839 to be a group of smaller, shorter curls that appear more natural. Furthermore, the neck and bust line used in 1838 shows dramatic and elegant curves, with her shoulders ending in a sharp point, these curved lines were vastly straightened out in 1839, to a more boxy but likely more practical design. Lightly toned with eye catching copper tints over classic orange-gold. Some luster visible in the protected areas. Only 7,200 struck, and highly prized for its short lived type and first appearance of the Gobrecht eagle. Pop 10; 15 finer, 11 in 58, 3 in 58+, 1 in 62. (PCGS # 8575) Estimated Value $17,000 - 18,000
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