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首席收藏网 > 数据中心 > Stack's Bowers and Ponterio > SBP2019年8月ANA#6-J.Taraszka集藏

Lot:4013 1797 Capped Bust Right Eagle. Heraldic Eagle. BD-4, Taraszka-12. Rarity-4+. MS-61 (PCGS).

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USD 75000

SBP2019年8月ANA#6-J.Taraszka集藏

2019-08-16 07:00:00

2019-08-16 07:30:00

USD 660

SBP

成交

1797 Capped Bust Right Eagle. Heraldic Eagle. BD-4, Taraszka-12. Rarity-4+. MS-61 (PCGS).Type and Style: Type II: Capped Bust Right, Heraldic Eagle. Style II: Head of 1795 with 16 stars arranged 10 left, six right; Reverse of 1797C with 13 stars in the field below the clouds and a long, thick neck on the eagle. The head punch is attributed to a hub prepared by Robert Scot, while the eagle punch is attributed by some scholars to a hub prepared by John Smith Gardner.Die Variety: BD-4, Taraszka-12, Breen 2-C, HBCC-3179. Only one obverse die was used to strike all three die marriages of the 1797 Heraldic Eagle ten, and it is easily distinguished from the obverse die of the 1797 Small Eagle issue by the 10x6 star arrangement (as opposed to 12x4). The long, thick neck eagle is definitive for the reverse die of BD-4, Taraszka-12, which style does not appear on any other Capped Bust, Heraldic Eagle ten-dollar variety.Die State: BD Die State d/b. This is the only known obverse die state of this variety, and the latest known for this workhorse die that was also used to strike the 1797 BD-2 and BD-3 eagles. In this die state, there are prominent die cracks through the second digit 7 in the date. The base of that digit is joined to the border by a single prominent crack, which has now developed into a small cud. There are two cracks within that digit, the left crack continuing only to the lower serif while the right crack, with die crumble evident, continues through the top of the 7 to the base of Libertys bust. An additional die crack is present from the border through star 8, and the die has been lapped with the innermost points of several stars on the left noticeably truncated, especially that of star 10. The reverse die state is the later of two known for this variety. There is a crack from the border through the left side of the letter R in AMERICA to the leaf directly below the left foot of that letter. Another border crack bisects the letter C in AMERICA and terminates at the olive branch, and a third crack is evident from the border to the eagles tail.Estimated Mintage for the Issue: The mintage for the 1797 Heraldic Eagle provided in most numismatic references is 10,940 coins, based on Walter Breens assumption that production from the new Heraldic Eagle reverse dies began on June 7, 1797, with coins bearing that date continuing to be delivered through January 30, 1798. According to Mint records, 10,940 eagles were delivered during that period. Based on a more exhaustive study of die states and emission sequences, as well as modern estimates on the number of coins extant, Dannreuther provides a broader range of 8,750 to 12,500 coins struck for the 1797 Heraldic Eagle.Estimated Mintage for the Variety: Dannreuther estimates that 3,500 to 5,000 examples were coined from the 1797 BD-4 dies.Estimated Surviving Population for the Variety: Ninety to 110 coins are believed extant in all grades (per Dannreuther).Strike: This is an overall boldly defined example with the borders uniformly denticulated around both sides, the individual strands of Libertys hair boldly to sharply delineated, and the eagles wing feathers full. A series of faint adjustment marks (as made) in the center of the reverse explain the softness of detail to the eagles breast, head, the fifth cloud from the left, and the stars above the eagles head. All other features are sharply rendered.Surfaces: Both sides are semi- to fully prooflike with the reverse field, in particular, noticeably reflective when using direct lighting. Vivid golden-orange surfaces display only small, wispy handling marks explaining the MS-61 grade from PCGS. Close inspection with a loupe reveals a few extremely light planchet flaws (as made) on the reverse above the eagles head that, to the unaided eye, blend seamlessly with the aforementioned adjustment marks in that area.Commentary: The second of two 1797 BD-4 eagles in this collection, Mr. Taraszka undoubtedly retained this coin to illustrate the later reverse die state of the variety after he acquired the early reverse die state example offered above. It is a beautiful and rare Mint State example of the type, variety and die state, as well as the often overlooked long, thick neck eagle style seen only on this die marriage.From the Anthony J. Taraszka Collection. Acquired from Mid-American Rare Coin Galleries at the Detroit ANA Convention, August 1994. The plate coin for the die variety in the book United States Ten Dollar Gold Eagles: 1795-1804 by Anthony J. Taraszka.

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