Lot 1885
1801 BD-2 Rarity 2. NGC graded MS-62. Well struck with light golden toning. Nice reflective surfaces. A lock-solid frosty MS62 with strong primary frost in the devices offset by prooflike fields, and with attractive golden bright highlights on both sides. More than adequately struck for the date, perhaps not 100% so, since this issue rarely is, but certainly a coin that gets points where fullness of design is concerned: choice stars and rim, full cap and hair curls, strong date. On the reverse, we find a very bold eagle with E PLURIBUS UNUM scroll, much more detailed stars than average, and excellent clouds. A must-see coin if you attend lot-viewing, if only for its beauty and historic significance as the United States’ largest coin denomination at the time.
The peak of production for the design occurs this year, when 44,344 1801 capped bust eagles were struck. Two varieties are known, with one obverse die bearing a Close Date and another obverse bearing a Wide Date. Although eagles were delivered well into 1802, that year’s production is believed to have been from 1801 dies. No 1802 capped bust eagles exist. As with the sale of other US numismatic rarities, it is possible that this piece will remain in a tightly held collection for many years to come. Pop 61; 74 finer (PCGS # 8564) . Estimated Value $29,000 - 31,000.
|
|
Unsold |