US Coins

Market Analysis: 1801 Capped Bust $10 eagle

This 1801 Capped Bust $10 eagle graded Very Good 8 in an old green label PCGS holder sold for $9,186 on Aug. 15 and offered something for type, series specialist and slab collectors.

Images courtesy of Heritage Auctions.

A lot of wonderful examples of early gold has come to market in the past few years, at a variety of price points enticing type collectors who want a single example and specialists who seek out sets by die varieties.

A solid offering at Heritage’s Aug. 15 Platinum Night session was an 1801 Capped Bust $10 eagle graded Very Good 8 by Professional Coin Grading Service that offered something for both groups of buyers.

For the type collectors, it was a handsome, problem-free representative that likely was carried as a pocket piece, featuring caramel-gold high points and olive green fields.

Specialists would note that it is a Bass-Dannreuther Die State c/c of the BD-2 die pair, with spines in Liberty’s cap identifying the late die state. Even slab collectors could get jazzed about it being housed in an old green label holder of a type used by PCGS from 1993 to 1998.

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