The interesting and valuable gold coin was sold on Ebay yesterday. Its a 1799 Draped bust $10 with small stars. This rare coin was sold for US $16,350.01. Collectors were made 24 bids from 13 accounts.

As we know, the eagle, or ten-dollar gold piece, was the highest denomination authorized under the original Mint Act of 1792. This was a very large amount of money at the time, and it was anticipated that only bankers and those engaged in international trade would likely use such coins.

U. S. Mint Engraver Robert Scot created the Draped Bust of Liberty that graced this denomination from 1795 through 1804, excepting that no pieces were coined with the date 1802. His Small Eagle reverse, in which the national bird clutches a wreath in its beak and a palm branch in its talons, was used for less than two years. In 1797, it was transitional with the new Heraldic Eagle reverse. This is an adaptation of the Great Seal of the United States of America, in which the eagle grasps in its beak a banner inscribed E PLURIBUS UNUM while its claws hold, respectively, a bundle or arrows and an olive branch.