Lot 2434
1796 $10 Capped Bust. . BD-1, Breen-6832. PCGS graded EF-45. Even wear and mostly untoned. A well preserved golden toned example with a small display of bright gold luster around some of the devices, luster that is naturally toned a lovely orange shade in among the reverse letters. Nicely struck by the dies, also, in fact fully so at the key areas of Liberty's hair and cap as well as on the eagle and palm branch. Definitely this coin's attraction is enhanced by this and by its choice smooth surfaces.
Just one die variety is known for the 1796 capped bust eagle. The obverse stars total 16, reflecting Tennessee's admittance as a new state, arranged eght and eight. LIBERTY is positioned higher on the obverse than on the 1795 varieties, starting from the peak of Liberty's cap (farther left than on the 1795 coin) and ending adjacent her forelocks. The palm branch on the reverse now bears 11 leaves instead of 13 or nine as in 1795. The mintage is 4,146. Pop 8; 54 finer. (PCGS # 8554) .
Estimated Value $40,000 - 45,000.
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