1804 EAGLE -
Crosslet 4
PCGS No: 8566
Variety equivalents: Taraszka 31
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Images courtesy of
David Akers Numismatics, Inc
Significant examples:
NGC MS-63 (illustrated above). Ex - David Akers Numismatic, Inc.'s sale of the John Jay Pittman
collection, Part II, Lot 1909, sold for $82,500.00 - Superior
Galleries' "The ANA 2001 National Money Show Auction", March
8-9, 2001, Lot 864, unsold
Recent appearances:
PCGS MS-62. Ex - Bowers and
Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV
Sale", November 20-21, 2000, Lot 584, "Crosslet 4",
illustrated, sold for $39,100.00 Purchased
from RARCOA, February 1, 1975
AU-55. Ex - Ira &
Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection,
Part I", February 16, 18-20, 2001, Lot 4070, "Taraszka-31,
Rarity-4", illustrated, sold for $11,500.00
Notes:
The Turban Head type was discontinued in 1804 and no more $10 Eagles
were struck again until 1838 (with the unique exception of the 1804
Proofs that were struck in 1834 for inclusion in diplomatic presentation
sets). This date is very rare due to a low mintage and the
deliberate destruction of many of the coins whenever their bullion value
exceeded their face value in the early 1800s. Circulation strikes
came from a single pair of dies and they are distinguished from the
Proofs in a variety of ways, but most noticeably by the fact that they
have a Crosslet 4. Taraszka lists a single Proof from the original
dies (this coin is now in the Smithsonian Institute). The
extremely rare 1804 Proofs struck in 1834 have Plain 4's (see the
illustration above).
As of April 2005, PCGS
had examined 29 examples of the Crosslet 4 variety, six of which
earned a Mint State grade. The finest of the Mint State examples
was a single MS-63.
Die studies show that the reverse of the 1804 Crosslet 4 Eagles was
later used to strike another 1803 variety!
Sources and/or recommended
reading:
"United States Ten Dollar Gold Eagles 1795-1804" by Anthony
J. Taraszka
"Walter Breen's
Complete Encyclopedia of U.S. and Colonial Coins" by Walter Breen
"The PCGS Population Report, April 2005" by The
Professional Coin Grading Service
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