Coin Specifications

Category: Draped Bust $10 (1795-1804)
Mint: Philadelphia
Mintage: 44,344
Catalog: KM-30
Obverse Designer: Robert Scot
Reverse Designer: Robert Scot
Composition: Gold
Fineness: 0.9160
Weight: 17.5000g
AGW: 0.5154oz
Melt Value: $616.16 (12/21/2014)
Diameter: 33mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1801 $10 MS obverse 1801 $10 MS reverse


  
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Description & Analysis

The 1801 eagle is perhaps the most available date of all Heraldic Eagle ten dollar pieces, which were only minted from 1797 until 1804. However, the term 'most available' does not mean common by any means, as every date in this short-lived series suffers from an uncommonly low survival rate. Although the opinions of noted researchers vary on the estimated rate of survival, it is in all likelihood less than 3% of the original cumulative mintage of the type. In his Complete Encyclopedia, Walter Breen writes: 'On December 31, 1804, coinage of this denomination halted, pursuant to verbal orders from President Thomas Jefferson. The reason was extensive melting [sic] by bullion dealers ... .' The fact that U.S. gold coinage, until 1834, was valued at a slight premium over silver coinage provided a financial incentive for bullion dealers to export the gold coins overseas, where they were predictably melted.

Of the early gold eagles that survived the melting pots, most were saved as curiosities and family heirlooms by non-collectors, which would explain why so many existing examples are cleaned, damaged, or otherwise impaired. Locating an original example in any grade is difficult, but finding an original Heraldic Eagle ten in Mint State presents a formidable challenge. The 1801 eagle has the highest recorded mintage of the series, with a total delivery of 44,344 pieces between 1801 and 1802.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 9/11/2014

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1801 $10 MS
  GVGFVF4045505355586061626364656667686970
Base $ 4500 7750 9900 12750 17250 17250 19500 20500 23500 28000 36500 40000 49500 62500 155000 300000 - - - - -
$ - - - - - - - - - - - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 394
Low Grade: VF
Average Grade: 60
High Grade: 65


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
1/12/2015 UNC Details  Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(7), 1216/Lot# 7203


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/10/2006 PCGS AU 58   Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 2201 $25,300.00
1/29/2007 NGC MS 61   David Lawrence Rare Coins Internet Auction # 124, 129/Lot# 1516 $32,200.00
6/7/2007 NGC AU 53   Teletrade Auction 2378, 2378/Lot# 1264 $17,360.00
1/7/2009 NGC MS 64   Heritage Auctions 2009 January Orlando, FL FUN Auction #1121, 1121/Lot# 4109 $86,250.00
3/31/2011 NGC XF 40   Stack's Bowers The March 2011 Baltimore Auction, 83/Lot# 6694 $8,625.00
2/28/2012 NGC MS 64   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 4331 $83,375.00
6/3/2013 PCGS XF 40   Bonhams Coins and Medals, 20971/Lot# 2364 $13,747.00
2/9/2014 PCGS Genuine UNC   GreatCollections GreatCollections Coin Auctions 02/09/2014, 171/Lot# 170781 $17,050.00
10/30/2014 PCGS MS 61   Stack's Bowers November Baltimore 2014, 6039/Lot# 10216 $29,375.00


NGC Registry

NGC Registry Score 1801 $10 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base328136394557511753796589668567797239751779028139843691751110013495165531772318953202452160123024
34003945474352045782662167166932733176457981823886829816118981451416943181331938320697220750
0000006716693273317645798182388682981611898145141694318133193832069700
00000067477085742477738060833789281045812696155331733318543198142114900
1801 $10 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base343138004748532455946839693870347506779281878431873694931146713918170461824119497208162220123652
355441164940541460096872697071917601792382688532898810151122841496017444186591993621277226840
00000069707191760179238268853289881015112284149601744418659199362127700
00000070027348769680558349863492401080913101160031784219078203762173900
Registry Image Gallery
Grade: MS 61
Points: 8436
Owner: American Independence Collection
 
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