Lot 3423
1800 $10 Capped Bust BD-1, Rarity 3+. NGC graded AU-55. A late die state with some crumbling about the obverse denticles. We also note some adjustment marks about the reverse rims. Production fell in 1800, with 5,999 1800 capped bust eagles believed struck. Just a single die variety is known. The obverse die broke early, Breen notes, possibly ending production early.
A fair quotient of luster still adheres. Reasonable well struck with considerable aesthetic appeal. This is the only die variety of the date. The reverse die was reused in 1801 with this example, from a late die state, being struck after the 1801 issues. Not as common as the 1799 or 1801-dated issues, this is a plentiful issue all the same in spite of its mintage, with a number of higher end examples known. Of course, in an absolute sense all 1800-dated $10 pieces are rare. Indeed, in the past, this 1800-dated issue has been catalogued as a rare issue, perhaps because it is the only variety known for the year.
Star 7 on the obverse is sharply double punched. Some obverse and reverse cracks. Most noticeable is an obverse crack through the tops of LIBERTY and stars 9 and 10. Minor die crumbling, as noted, on the obverse border at 3:00. Pop 22; 67 finer (PCGS # 8563) .
Estimated Value $15,000 - 16,000.
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