Lot 1269
1795 $10 Capped Bust. NGC graded MS-61. Mostly well struck in natural greenish-yellow gold. Free from adjustment marks and just a few die chips noted in the planchet. A lustrous example of our first gold coin. The date on this BD-1 variety is the most closely spaced of the year and the top of the 1 is very close to the curl while the top of the 5 overlaps the bust. Star 11 very near Y with two lumps at top left of Y (these are key identifiers of the variety).
Only a few examples remain in Mint State grades, barely enough to supply the growing cohort of numismatists of means who will have to settle for a bidding tussle to finally obtain one. A fair number of the Mint quality survivors have traces of prooflike fields, much as this coin does. We cannot fail to see this coin becoming anything other than the highlight of a major early gold Type collection. Because 1795 is the initial release of the denomination, the importance of this handsome Mint State 61 example will be established for decades to come. Pop 19; 37 finer.
Estimated Value $100,000 - 110,000.
|
| |
| Realized $103,500 |
