Description
A remarkable Early $10 Draped Bust Heraldic Eagle Specimen. The year 1797 for ten dollar gold was comprised of four die marriages, with BD-1 being the Small Eagle reverse. The remaining three die pairings were of the new Heraldic Eagle design, also referred to as the Large Eagle reverse. Robert Scot engraved three Heraldic Eagle reverses in 1797 that had slight differences in the neck and breast feather areas, while using the same obverse working die paired with these three reverses. This example is BD-3 Short Thin Neck, an R.5 rarity with an estimated 40-50 known in all grades. Uncirculated specimens are extremely rare!
The PCGS holder states "Altered Surf." or surfaces, and close examination reveals fine hairlines on both sides, indicating the surfaces were cleaned and the luster in the open fields was thinned, although protected areas still display natural luster. The adjustment marks adjacent to the date are as struck and separate from the alteration. The coin has since retoned to an attractive honey-gold coloration. The strike is sharp, with all details showing clear definition, since this coin has never been in circulation.
An extroadinary rarity that due to the old cleaning, is being offered at a fraction of what this coin would bring if it had been untouched after striking. Even with this modest cleaning, the coin has a magnificent appearance and its rarity cannot be overstated. A special coin for a special collection. PCGS Unc Details.