The 1800 Capped Bust Right Eagle $10 gold coin holds a special place in U.S. coin history, cherished for its rarity and unique features. Known for its limited mintage and intricate design, it’s one of those coins that collectors and historians alike prize.
If you’re a numismatist or just curious about rare coins, this guide will help you understand what makes the 1800 Capped Bust Right Eagle such an exceptional find.
Historical Background
Back in 1800, the United States was still a young country, and the Mint’s operations were relatively new. This $10 gold coin, called the Capped Bust Right Eagle, was introduced as a symbol of the nation’s wealth and prestige.
Unlike today’s coins produced in massive quantities, only 5,999 of these gold coins were made, all using a single set of dies. With so few minted, each surviving coin today is a piece of history.
Notable Characteristics of the 1800 Capped Bust Right Eagle
What makes this coin truly unique are its distinct features:
- Date Positioning: The date “1800” appears widely spaced apart, with the numeral “1” positioned slightly to the left of the nearby design curl.
- Die Breaks and Stars: A small break is visible at the top of the word “LIBERTY,” and the stars surrounding the coin have a unique pattern. One particular star, the eighth, is slightly lower than the others.
- Reverse Design: The reverse side showcases a beautiful eagle, but collectors may also spot subtle clashes and details, such as the dentils near the word “STATES.” This is likely due to the same die being used for a later variety in 1801, adding to the intrigue of the 1800 edition.
Understanding Market Value and Grade Rarity
When it comes to buying or selling, the 1800 Capped Bust Right Eagle commands high prices, particularly in better-preserved conditions.
Coins graded MS62 are the most common in the mint-state category, but MS63 and MS64 grades are also available, albeit rarer. Here’s a quick breakdown of how these coins are valued by grading services:
- PCGS and NGC Top Populations: The finest examples of this coin include an MS65 from PCGS and several MS64 grades, making them among the highest quality available.
- Auction Highlights: Some of these coins have fascinating histories, having changed hands over the years in major auctions, often selling for prices ranging from $40,000 to over $300,000. Each coin’s unique marks, like copper spots or faint scratches, add character and influence its value.
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Specifications at a Glance
To appreciate the technical aspects of the 1800 Capped Bust Right Eagle, here are its essential specifications:
- Country of Issue: United States of America
- Year of Issue: 1800
- Denomination: $10
- Mint Location: Philadelphia
- Mintage: 5,999 coins
- Composition: 91.7% Gold, 8.3% Copper
- Weight: 17.5 grams
- Diameter: 33 mm
- Edge: Reeded
- Designers: Both the obverse and reverse were designed by Robert Scot.
Noteworthy Auctions and Collectible Appeal
Several top-quality specimens of the 1800 Capped Bust Right Eagle have garnered significant attention in auctions, sometimes associated with famous collections:
- The King Farouk Collection: This specific MS65 coin made its way through multiple prestigious collections, eventually selling for $310,500.
- The John Jay Pittman Collection: Known for its quality, this coin was later sold at a Heritage auction for a notable price.
These historical connections add to the charm and value of the 1800 Capped Bust Right Eagle, giving each piece a story and a place in American numismatic history.
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Conclusion
The 1800 Capped Bust Right Eagle is more than a piece of gold—it’s a symbol of early American coinage and a collector’s gem. With its limited mintage, unique design features, and fascinating history, this coin remains a sought-after item.
For those fortunate enough to own or view one of these rare coins, the 1800 Capped Bust Right Eagle offers a tangible link to the early days of the United States Mint, embodying the artistry and ambition of a young nation.
Editorial Note: This article was created through automated technology, with all details verified and polished by our editorial expert.