Discover the Rarity: The 1795 Turban Head Gold $10 Eagle and Its Million-Dollar Value

The 1795 Turban Head Gold $10 Eagle, also known as the “9 Leaves” variety, is one of the most iconic coins in American numismatics. This rare and historically significant coin holds immense value among collectors and investors due to its unique design, historical background, and limited production. Minted during the early years of the United States, it represents a significant step in the country’s coinage history. In this article, we’ll dive into the details of this coin, its design features, and why it is so highly sought after by collectors.

The History of the 1795 Turban Head Gold $10 Eagle

The 1795 Turban Head Gold $10 Eagle coin was part of the first series of gold coins issued by the U.S. Mint. At the time, the country was still young, and there were efforts to create a strong, independent economy, which included producing its own currency. The coin was designed by Robert Scot, the Chief Engraver of the U.S. Mint.

This particular coin features the image of Lady Liberty wearing a “Turban” style headgear, which is why it is referred to as the Turban Head design. This was one of the first designs on U.S. coinage to feature Liberty in a distinctive and symbolic way. The coin was struck in gold and was intended to be a circulating coin for everyday transactions. However, due to its rarity and unique features, the 1795 Turban Head Gold $10 Eagle is now more of a collector’s item than a currency piece.

Design Features of the 1795 Turban Head Gold $10 Eagle

One of the most notable aspects of the 1795 Turban Head Gold $10 Eagle coin is its design, which features several key elements:

  • Obverse (Front Side): The obverse of the coin features the image of Lady Liberty wearing a turban-style headdress. The inscription around her is “LIBERTY,” and the year “1795” is prominently displayed beneath her bust. This design reflects the early American values of freedom and independence.
  • Reverse (Back Side): The reverse features a majestic eagle with outstretched wings, symbolizing the strength and future of the United States. The inscription reads “UNITED STATES OF AMERICA,” and it also includes the phrase “E PLURIBUS UNUM,” which means “Out of many, one.” This motto was integral to the identity of the early United States and reflects the unity of the states.

9 Leaves Variety

The “9 Leaves” variety of the 1795 Turban Head Gold $10 Eagle refers to the number of leaves in the olive branch that the eagle is holding in its right talon on the reverse side of the coin. This variety is distinct because it features exactly nine leaves, which is fewer than other versions of the coin. The difference in the number of leaves is a subtle but significant feature that numismatists use to differentiate between different variations of this coin.

The 9 Leaves variety is one of the rarer editions, and it is highly valued by collectors. Coins with this particular feature are harder to find, making them a prized possession for serious coin enthusiasts.

Rarity and Value

The rarity of the 1795 Turban Head Gold $10 Eagle with the 9 Leaves variety contributes significantly to its value. Since the U.S. Mint only produced a limited number of these coins, and many were eventually melted down or lost, surviving examples are exceedingly rare. The value of these coins can vary depending on their condition, but they generally fetch high prices in auctions. Depending on the coin’s grade, it can be worth hundreds of thousands or even millions of dollars today.

For example, well-preserved versions of the 1795 Turban Head Gold $10 Eagle with the 9 Leaves variety can be worth upwards of $1 million, with some reaching even higher prices in prestigious auctions. The high price is also a reflection of the coin’s historical significance and its connection to the early years of the United States.

Why is the 1795 Turban Head Gold $10 Eagle so Valuable?

Several factors contribute to the high value of this coin:

  1. Historical Significance: The coin was minted during the early years of the United States, a time when the country was still forming its identity and economy.
  2. Design: The unique “Turban Head” design of Lady Liberty sets it apart from other coins in the series.
  3. Rarity: The coin was produced in limited numbers, and many were melted down over the years.
  4. Condition: Well-preserved examples of this coin are hard to find, and collectors are willing to pay a premium for high-quality specimens.

Table: Key Features of the 1795 Turban Head Gold $10 Eagle (9 Leaves)

FeatureDescription
Mint Year1795
Mint MarkNo mint mark (Philadelphia Mint)
Obverse DesignLady Liberty wearing a turban-style headdress
Reverse DesignEagle with 9 leaves in the olive branch
Metal CompositionGold (90% gold, 10% copper)
Diameter33 mm
Weight16.718 grams (0.4858 oz)
Edge TypeReeded
MintageLimited (Exact number unknown, few surviving coins)
RarityVery rare, especially in well-preserved condition

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FAQs

What makes the 1795 Turban Head Gold $10 Eagle special?

The 1795 Turban Head Gold $10 Eagle is special because it was one of the first gold coins minted by the U.S. and features a unique design of Lady Liberty wearing a turban-style headgear. The 9 Leaves variety is especially rare.

How much is the 1795 Turban Head Gold $10 Eagle worth?

The value of the coin varies depending on its condition. Well-preserved examples can be worth over $1 million at auction.

What is the “9 Leaves” variety?

The “9 Leaves” variety refers to the number of leaves in the olive branch that the eagle holds on the reverse side. This variation has exactly nine leaves, making it distinct from other versions of the coin.

Why are these coins so rare?

The coins were produced in limited numbers, and many were melted down over the years. As a result, only a few examples of the 1795 Turban Head Gold $10 Eagle survive today.

Where can I find a 1795 Turban Head Gold $10 Eagle?

These coins are rare and typically only available at major coin auctions or through reputable dealers in rare and antique coins.

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