Lot 3366
1811 $5 Capped Draped Bust. Small 5 BD-2, Rarity 3. PCGS graded MS-63. Well struck and frosty, all moderately toned with some trace adjustment across the cheek. Minor surface marks are visible on most early half eagles in this condition, but we had to search hard to find a few in the field around the eagle, and these are insignificant. This is the more common of two die varieties for 1811, both offered in the present sale. Both were struck from a single obverse die paired with two different reverse dies.
This Capped Draped Bust Left format, which debuted in 1807 on the half eagle, was continued through 1812. The brief span of this design yielded a coinage estimated at 399,013 pieces. Although there are some scarce die varieties within the 1807-12 years, there are no rare dates. The type set collector can pick and choose from virtually any date desired. What's more, coins are available in all grades, with Very Fine to About Uncirculated coins predominating and available with some frequency (relatively speaking, of course). Mint State examples are offered now and then and, if choice in appearance, like the present MS63 1811 Small 5, are highly prized. These typically have frosty rather than prooflike surfaces. Pop 37; 13 finer in 64 (PCGS # 8109) .
Estimated Value $16,000 - 18,000.
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