Draped Bust $10 Gold Coin (1795-1804)
Mint Location: Philadelphia
Designer: James B. Longacre
Composition: 91.67% gold; 8.33% silver & copper
Weight: 17.5g
Edge Type: Reeded
For this coin the obverse was the same and the reverse was different. The obverse has a Turban Head depiction of Liberty, facing right. The words LIBERTY are at the top and the date is at the bottom. There are 10 stars on the left and 5 stars on the right. The Type 1 (1795-1798) reverse design is a small eagle with a wreath in it’s mouth, clasping a olive branch. The words UNITED STATES OF AMERICA are around the edge. There is no denomination or value marking. The Type 2 (1795-1807) reverse design features a heraldic eagle based on the “Great Seal of the United States”. The eagle is holding arrows and olive branch (representative of war and peace), UNITED STATES OF AMERICA in caps around the edge, 13 stars and E Pluribus Unum in a ribbon across the eagle’s neck.
Coin Values: This is one of the rarest coins now, PCGS has certified only 307 examples of the entire type (as of June 2011). Those available are graded usually AU or less. A 1799 MS61 Gold $10 Draped Bust (Type2) sold for $31,500 while a 1801 MS63 Gold $10 Draped Bust (Type2) sold for $48,000.
1795-Gold $10.00 Draped Bust (small eagle)
1795 Gold $10.00 Draped Bust (heraldic eagle)