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The Midwest Summer Sale 2010
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Please Note: A 15% Buyers' Premium is added to the hammer price of all lots in this sale.

(About The Images)
1801 (BD-2, R.2) AU details/burnished. 1801 (BD-2, R.2) AU details/burnished.
Lot Title: 1801 (BD-2, R.2) AU details/burnished.
Description: It cannot be denied that the luster is flat and muted as the result of light wear and cleaned surfaces, yet sharpness is breathtaking for an early gold eagle, and includes fully beaded rims bordering each side. Because a lack of patina leads to consistent, unchanging color, wear is actually difficult to discern on such a low-contrast piece, and is best judged by the myriad very tiny contact marks scattered across each side. Their cumulative effect implies details of an AU-50 grade, or perhaps a couple of points better. One can assume the coin was lightly burnished to reduce their impact on overall appearance, because the texture of the fields is a little reflective and reveals practically no sharp edges on any individual contact point.

This is the common die pairing for 1801, attributed by distance between the first star and the lowest curl. Adjustment marks are practically ubiquitous for such early, large gold coins, and this must have been quite an overweight planchet since the reverse displays no fewer than five broadly placed attempts to file down the weight. Aside from these charming remnants of the early manufacturing process, there are no distinguishing marks. Any early gold eagle is expensive, and a collector of limited means may be well served to settle for such an example as this, with an appearance most will find non-offensive.

This lot may contain an item not certified by ANACS, PCGS, or NGC. While Scotsman Auction Co. is typically conservative in our descriptions of items not certified by one of these companies, we cannot guarantee our grading estimation will match their grade. We highly recommend that collectors seeking items certified by a third-party grading service only bid on items that have already been certified. No lot can be returned because of a variance in judgment with regards to grade.

Low Estimate: $11,000.00
High Estimate: $13,000.00
Lot Status: Bidding has been closed for this lot.
Hammered Price: $10,750.00
Price Realized: -
1801 (BD-2, R.2) AU details/burnished.
1801 (BD-2, R.2) AU details/burnished.

Price history for items of the same classification:
Lot #AuctionCurrent Bid or Hammer PriceDescription
1180The Midwest Summer Sale on 07/26/2013$13,000.00
1801 MS-60 details/light damage.
The consignor has never attempted to certify this early gold eagle, knowing full well that some small digs flung off to the right will certainly preclude a straight grade. He was more interested in...
959The Collectors' Auction 2012 on 10/05/2012$5,250.00
1801 XF details/damaged.
"Damaged" references a pair of rim indentations that seem to suggest the coin was once in a vise for who-knows what reason. The rim is dinged at opposing 11:30 and 5:30 edges of the obverse, and an...
932The Midwest Summer Sale 2012 on 07/27/2012$4,500.00
1801 PCGS Genuine (XF details/surfaces tooled).
PCGS code-98 may call out the surfaces as being "tooled", but such a brief designation gives no clue as to intent. Intentional tooling of surfaces in order to hide flaws is obviously frowned upon by...
1137The Midwest Summer Sale 2011 on 07/29/2011$4,450.00
1801 NCS XF details/damaged/improperly cleaned.
The obverse fields have been machined and given "new" texture for no discernible reason, resulting in completely foreign appearance with no remaining luster, and two digs impact the cap just above...
1138The Midwest Summer Sale 2011 on 07/29/2011$35,500.00
1801 (BD-2) PCGS MS-62.
1801 represents the most available date for early eagles in mint-state grades, with PCGS showing 177 in overall UNC, of which 64 are graded MS-62, and 73 are graded higher. These may seem like...
1009The Midwest Winter Sale 2009 on 02/13/2009$9,500.00
1801, BD-2, PCGS Genuine.
Serious error in judgment occurred when this coin was cleaned, as it was obviously an extremely well struck example near mint state prior to the injustice. Indeed, scarcely any wear is apparent...
1041The Collectors' Auction 2008 on 10/17/2008$19,000.00
1801 PCGS AU-55.
Aaron Burr - vice presidential 36 ballots
1101The Midwest Summer Sale 2007 on 07/27/2007$20,250.00
1801 NGC AU-58.
Here is a perfect example of the AU-58 grade. Surfaces are bright and fresh with only mild effects of circulation friction showing in the fields between the device and the stars. The strike is full,...

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