1796/5 $5 MS (PCGS#8067)
November 2019 Baltimore U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 3153
- 等级
- VG10
- 价格
- 135,048
- 详细说明
- Rare 1796/5 Half Eagle
1796/5 Capped Bust Right Half Eagle. BD-1, the only known dies. Rarity-4+. VG-10 (PCGS).
Warmly patinated in a blend of honey-gold and warmer olive undertones, both sides retain complete denticulation around the borders and full outline detail to all devices. A few moderate handling marks on the obverse over and around the portrait are noted.
Mint records state that 6,196 half eagles were delivered in the second year of issue for what would prove to be the workhorse gold denomination in commercial channels. The operative word here is "delivered" since at the time, the records simply noted the numbers that were struck in total for the calendar year for the given denomination regardless of the date that actually appeared on the coins themselves. In their exhaustive study of early gold, Harry Bass and John Dannreuther closely examined this issue and came to the conclusion far fewer - between 1,057 and 2,000 pieces - were struck using the sole 1796-dated die pair. Rare at all levels of preservation, only approximately 80 to 100 pieces are thought to remain, with very few in high grade. With the added appeal of being the only overdate of the entire Small Eagle reverse type, this is an affordable specimen with a lot to offer that will readily find an appreciative new home tonight.
PCGS# 8067. NGC ID: BFWU.
Click here for certification details from PCGS.
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