1799 Capped Bust Right Eagle Large Stars Obverse Heraldic Eagle, PCGS MS 63 - Remarkable Coin!!
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This is a PCGS Graded Coin. You will receive the pictured coin. You are buying a 1799 Capped Bust Right Eagle, BD-10, Taraszka-22, Rarity-3. Large Obverse Stars graded MS-63 by PCGS. Bass-Dannreuther Die State a/a. This remarkable Capped Bust Right Eagle presents gleaming mint luster over fully struck, warm, medium yellow-gold surfaces. A few small marks are seen on each side and keep this coin from grading higher, but they pale in comparison to the significance, conditional rarity, and eye appeal of this issue. Two varieties (BD-9 and BD-10) exist for the 1799 Large Obverse Stars Eagle. Each variety shares this the same obverse die with distinctive Large Stars. BD-9 is the much rarer of the two varieties, identified by the leaf tip pointing between IC in AMERICA. This BD-10 die marriage with the leaf touching the I and is much more collectible. John Dannreuther estimates in Early U.S. Gold Coin Varieties that as many as 12,500 to 17,500 of the 37,449 eagles minted in 1799 were from this die pair, and that upward of 300 to 400 coins survive. This is an excellent coin to add to your collection.
Obverse: Bust of Liberty Facing Right Wearing a Turban Shaped Cap 13 stars and Liberty around Rim
Reverse: Heraldic Eagle Seal/Crest Bearing Arrows and an Olive Branch
The early Philadelphia Mint was concerned about the numbers of coins struck and the serviceability of the dies required for their production, and not at all about the date those dies bore (or in some extreme cases, even the design). While the first few Eagles minted, from the 1795 Small Eagle through the 1798 Large Eagle, are each known from at least one to at most five die marriages per year, the 1799 eagle, all struck with the Large Eagle or Heraldic Eagle reverse, were produced in 10 different die pairings known to collectors today. After only the 1801 BD-2, the 1799 BD-10 is the most frequently encountered die marriage in the Capped Bust Right, Heraldic Eagle 1797 to 1804. Even so, all pre-1834 U.S. gold issues and varieties are scarce in an absolute sense.
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