Lot 1313
1826 $5 Capped Head. AU-50. This coin has been cleaned, with the usual result of hairlines in the fields on both sides. Nevertheless, the coin is virtually new, with full curls on Liberty and some luster near the devices. Inspection will determine the value as most collectors wouldn't be bothered by hairlines significantly (unless they want to give up on coins entirely). What is important is that this is an extremely rare coin of which there are fewer than 100 known, most of which are in grades similar to this piece.
Breen discusses an interesting piece in his Early United States Half Eagles 1795-1838 published in 1966. Apparently a second variety is known, with last known appearance was in the John Story Jenks sale in 1921. The other varieties diagnostic has the last star far from Liberty's curl. The coin was plated in that famous 1921 sale obverse only, which as noted in the Breen monograph that said piece has not reappeared to his knowledge. Collectors would be wise to check their 1826 half eagles carefully, a rarity is awaiting rediscovery.
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| Realized $10,350 |
