1800 Drape Bust Eagle; NGC; MS61; CAC (SOLD)

This coin began its life with me as an MS61 in an NGC holder.  It had a happy home in my collection for about three to four years until I received a generous offer for the coin. The new owner cracked it out and got it certified by PCGS and then it was resubmitted to CAC where it received its second CAC sticker.  It then went into a collection (The Long Haul Cabinet) after which it was again offered for sale by the new owner and it was immediately snatched by an astute collector.

The following discussion is from the marketing for The Long Haul Cabinet:

Fresh to the market from The Long Haul Cabinet. 1800 $10 Draped Bust Heraldic Eagle in mint state with original premium surfaces are exceedingly rare finds. The attraction of early U.S. coinage, reflecting the origins of the American commerce system, is indisputable and commands significant interest. This date is considerably rarer than the five common dates 1795, 1797, 1799, 1801, & 1803. Looking at extant examples for all dates the 1800 stands out. From a mintage of only 5,999 just 250 are estimated to survive in all grades. Compare this to dates like the 1801 $10 with a mintage 7 times larger at over 44,000 pieces. The PCGS population is only 4 with 6 finer. This is the chance for an astute collector to acquire a high-end type coin. Presenting the sought-after design type from the earliest years of U.S. Mint coinage, this gold coin boasts remarkable Mint State preservation. Both sides are adorned with an attractive, entirely original bright golden-orange color, enveloping the coin, and enriching its visual allure. In hand the coin exhibits captivating reddish-gold hues on each side, heightened by a glowing luster encircling the devices. Last PCGS CAC sold two years ago for $52,800 03/24 ST, which then sold for $57,500 right after privately. This example has no hits or marks like the previously sold ones, we could easily see this in a MS62 holder in the future; but more importantly a normal and more common date example like 1799 $10 or 1801 $10 in AU58 PCGS CAC sells for $36,000-$37,500, considering this is a rare date in higher grade with outstanding color, we cant recommend this undervalued date enough.