1795 DRAPED BUST $10, 13 LEAVES, SMALL EAGLE MS65
ELIASBERG PEDIGREE. GEM SATIN SURFACES. CONDITION CENSUS.
The New World settlers faced their toughest obstacle perhaps only after they had reached their destination and established themselves. This obstacle wasn’t weather, lack of supplies, or illness it was the native people they had descended upon. Of course these people who had owned this land for centuries, many of whom considered it a sacred part of their culture, were not going to give it up without a fight. This philosophy was against the core principles of colonization, which were discover, conquer and keep. So as these settlers began to move further west a decade after the end of the Revolutionary War, natives across the land pushed back. In the territory of Ohio these territorial disputes succumbed to war, now known as the Northwest Indian Wars. For years those who moved westward had been the subject of spontaneous attacks that the Native American’s hoped would ward off further expansion, but they were very wrong. In the final battle of these wars, known as the Battle of the Fallen Timbers, General Anthony Wayne led a victorious campaign to conquer and quell the natives of the area. As a result leaders from several tribes met with General Wayne at Fort Greenville in January 1795 to discuss a proper end to these conflicts. For eight months these leaders discussed a treaty that would make all parties happy. By August 3, 1795 leaders of the Wyandot, Delaware, Shawnee, Ottawa, Miami, Eel River, Wea, Chippewa, Potawatomi, Kickapoo, Piankashaw, and Kaskaskia all signed the Treaty of Greenville with General Wayne. This treaty ceded native land to the United States south east of a line that began at the Cuyahoga River but allowed natives to still hunt on this land. It also ceded U.S. control over the land northwest of the same line but they were allowed to establish trading posts throughout. This was a short lived compromise as settlers still managed to push further into Native American territory and certain tribes, who refused to sign the treaty, remained determined to get their land back. By the early 1800s the conflict between these two peoples was sparked again as Tecumseh and Prophet leaders ventured to regain their ceded territory.
As the United States' premier Ten-Dollar gold piece, the 1795 holds a place of honor in the pantheon of numismatic rarities. The original mintage for this issue is just 5,583 pieces, and it includes the 13 Leaves and 9 Leaves Guide Book varieties. The former is more plentiful in the market, but we caution buyers that the 1795 is a legitimately rare coin regardless of individual Guide Book variety or die marriage. No more than 3% of the original mintage is believed extant in all grades, and the unflagging popularity of first-year issues has resulted in extreme collector and investor demand for high-grade, problem-free examples.