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The Midwest Summer Sale 2011
< Previous  Lot 1138  Next >
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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) PCGS MS-62. 1801 (BD-2) PCGS MS-62.
Lot Title: 1801 (BD-2) PCGS MS-62.
Description: 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 plentiful numbers for a large, early gold coin, but popularity of type collecting places incessant demand on the "capped bust, heraldic eagle" type, and any finer piece is going to command attention at any public auction venue. BD-2 is the most populous of the two known die-marriages for 1801, and here, there is no evidence whatsoever of clashed dies.

Glorious luster and delightful sharpness are the most obvious reasons for selecting this as a type representative, since the smooth, satin surface texture swirls with gleaming effect as it is tilted back and forth under proper lighting. Liberty's hair strands are deeply struck, with individual filaments noticeably separated within her tresses, although the strike did not bring up all the stars equally. A few lack minor interior definition. The obverse left field displays a number of tiny micro-abrasions that yield a distinct "patchy" appearance, and several fragile hairlines traverse the obverse from left to right, while the reverse shows only a few of the most delicate hairlines imaginable. In aggregate, these slight deficiencies may have denied "choice" consideration, but any collector would be proud to add the rather nice aesthetic appeal to his holdings. (PCGS# 008564)

Low Estimate: $33,000.00
High Estimate: $38,000.00
Lot Status: Bidding has been closed for this lot.
Hammered Price: $35,500.00
Price Realized: $40,825.00
1801 (BD-2) PCGS MS-62.
1801 (BD-2) PCGS MS-62.

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...
1099The Midwest Summer Sale 2010 on 07/23/2010$10,750.00
1801 (BD-2, R.2) AU details/burnished.
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...
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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