1797 $10 BD-1, Small Eagle AU58 NGC
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1797 $10 Small Eagle, BD-1, R.5, AU58 NGC. Bass-Dannreuther Die State b/b. Two die cracks converge below star 16, with the upper crack bold showing die chipping and pointing to Liberty's neck. A faint secondary crack rises below, aimed at the drapery. John Dannreuther estimates that as few as 1,250 to as many as 3,615 examples of this variety were struck. The reason for the discrepancy between the lower estimated mintage and the official reported mintage is that some 1796 eagles were struck with this reverse after it was used to strike the BD-1 coins. Those 1796 coins were likely included in the mintage for 1797 Small Eagle tens. Only a few dozen 1797 eagles exist in all grades, making the date definitively scarce overall. This example is known as the Type I, Style 4 Small Eagle design, featuring 16 obverse stars oddly arranged 12 stars left, four stars right. On the reverse, 11 Leaves are on the branch below the eagle's talons. Only a few 1797 BD-1 examples exist any finer than this near-Mint example. It is the only Small Eagle variety for the year and marks the end of the Small Eagle Reverse on ten dollar gold pieces, being replaced by the Heraldic (Large) Eagle reverse in 1798. Among the Small Eagle eagles struck in 1795, 1796, and 1797 the 1797 date is notably scarcer than the other two years, although there are scarcer varieties among the 1795-dated eagles. John Dannreuther suggests between 55 and 65 1797 Small Eagle tens survive in all grades combined. This is a bright and sharply struck coin that retains most of its original mint luster and the coin displays minimally marked, semireflective fields. Gleaming green-gold color shows occasional orange accents, especially on the reverse that is semiprooflike throughout its smooth, unabraded fields. Light, high-point wear exists on the eagle's neck, breast, and leg feathers while scattered tiny ticks dot the obverse. This is a bidding opportunity of the utmost importance for early gold collectors ...
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