Lot 1351
1818 $5 Capped Head. 5D over 50. . M-125. PCGS graded MS-65. This is the Finest Graded by either service! The surfaces of this magnificent gem are toned with hazy yellow hues that surround and enhance the devices. Each star and curl are fully struck on the obverse, and similar on the reverse where there is slight weakness on the eagle's craggy claws. Close examination notes a few trivial ticks on both sides, mostly in the fields, with the most notable behind the eagle's neck in the field. Liberty's face is quite clean.
A curious die error, the engraver first cut the denomination as "50" instead of 5 D. perhaps thinking he was engraving a half dollar reverse instead of a half eagle die. The error was noticed, and the appropriate D. (for Dollars) was engraved over the errant 0.
This is the only coin graded this high by PCGS of the variety, and there are none graded higher, making this likely the finest known, and certainly the finest graded.
Estimated Value $125,000 - 175,000.
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| Realized $71,875 |
