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Sale 63
The Pre-Long Beach Auction of US, World Coins and Currency
| $5 Capped Bust/Large Eagle |
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| Lot |
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Description |
Realized |
Lot 1486 |
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1798. Large eagle. . BD-6, Normal 8. NGC graded AU-58. 13 Star reverse. Nice light golden toning. Some obverse adjustment marks as made at the mint. Only 24,867 struck for the year. Obverse State a, reverse State b with a fine crack from rim to left of O then to cloud. A diminished impact was left by the blow of the (possibly worn) dies that struck the centers of this historic Large Eagle gold coin. Half Eagles were the workhorse gold coins of Americas in the early decades of the 19th century, just as Bust Half Dollars served the same purpose when payments in silver were required. The mintage figure has to be adjusted by the fact that perhaps 95% to 97% of the issue was exported and melted by the 1830s. BD-6 is considered Rarity-6 on the 1 to 8 scale, with perhaps 30-40 known in all grades. Since the obverse die was only used for this variety, one has to conclude that it suffered an early injury. The reverse is found combined with a 1799 obverse to create BD-9 of that date. Pop 38; 26 finer.
Estimated Value $16,000 - 18,000.
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| Unsold |
Lot 1487 |
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1800. . BD-2, Blunt 1, Breen-6438. PCGS graded MS-60. Housed in an Old Green Holder. Only 37,628 pieces struck. A nice bold strike. Light golden toning. Estimated mintage for 1800 is 15,000 to 30,000 total for the date, and perhaps 7,500 to 12,500 for BD-2 variety. The mintage figures reported for the years 1799 to 1801 probably include coins dated 1798, 1799, and 1800 (there are no coins with the date 1801). This obverse die is the result of improvements in die making, according the Dannreuther. It is used for the four available varieties of 1800 and, despite repeated clashing, it probably produced over 15,000 coins without breaking. The blunt 1 seen on this obverse is the result of the flag breaking from the punch, though to be in the making of the first 1800 obverse die (used for BD-1). This broken punch is also used on both the 1802/1 dies, both 1803/2 dies, and two of the 1804 obverse dies! A handsome coin all things considered, from its original patina to the natural luster, and design detail. Light adjustment lines are noted through the lower reverse. Rims full and perfect. Eye-appeal second to none in this grade class giving it a large advantage over competitors for your coin buying dollars. Pop 9; 59 finer (PCGS # 8082) .
Estimated Value $11,000 - 12,000.
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Check results on similar lots
| Realized
$13,225 |
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