Date 1799 Large Stars Obverse Grade PCGS AU55 PCGS Price Guide 21500 Population (PCGS) 70/208 Population (NGC) 51/313 Serial Number 8562.55/84326162 PCGS Lookup Number 8561
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$10.00 - 1799 Large Stars Obverse PCGS AU55 - $20500
VERY POPULAR 1799 EAGLE GRADED AU55 BY PCGS
BD-10, R-3. Large Obverse Stars; designated by PCGS.
The 1799 is actually the most available Heraldic eagle reverse ten dollar gold piece but it is far more popular than the "common" 1801 and 1803 due to its 18th century date of issue. This one little difference makes it, in theory, an "older" coin and there is no denying the popularity of 18th century issues.
When available, this date is found in a variety of grades; mostly typically in AU and the lower Uncirculated range. At one time, locating a decent 1799 eagle was fairly easy but this issue has been disproportionately decimated by coin doctors and what was once an easy find is now difficult. Most 1799 eagles are bright, unappealing and lack any sort of character.
This piece is fresh to the market and it comes from an old estate. It is well made with no marks of note and better than average sharpness with full radial lines on the obverse stars. The surfaces show pleasing natural green-gold centers which deepen to an even orange-gold at the borders. There are some old hairlines in the fields (which is why this coin didn't sticker at CAC) which are likely the result of this piece being rubbed by a cloth decades and decades ago but we should stress it has a pleasing, natural appearance and that it is very solid for the grade.
The last PCGS AU55 1799 Large Stars Obverse $10 to sell at auction brought $19,388 as Heritage 6/16: 4812. While housed in an old green label holder, we viewed this coin in person and we were not fond of it.
For many collectors, this iconic issue represents an important addition to their holdings and I have always felt that the best value grade for a 1799 was either AU55 or AU58.