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Lot
3171

1795 $5 Small Eagle AU58 NGC....

2008 May Long Beach, CA Signature Auction #1108

 
Sold for: $51,750.00 (includes BP )
Bid Source: Internet
Auction Ended On: May 30, 2008
Item Activity: 9 Internet/mail/phone bidders
5,690 page views

Description:

Delightful Near-Mint 1795 Small Eagle Five, BD-3

1795 $5 Small Eagle AU58 NGC. Breen-6412, BD-3, High R.3. This scarce variety is the most available of the 1795 Small Eagle half eagles; all other die pairings are rare in an absolute sense. The major obverse marker is star 11, which overlaps both the Y of LIBERTY and star 12; on the reverse, the leftmost leaves of the branch overlap the UN of UNITED and extend almost to the I.
The half eagles of 1795 were the first gold coins issued by the United States, struck after the preceding two years marked the initial copper and silver coinage at the Philadelphia Mint. Designer Robert Scot, though occasionally maligned by modern numismatic scholars, produced admirable work given his situation; as Bass and Dannreuther wrote in their introductory section for half eagles in Early U.S. Gold Coin Varieties, " ... he had to work in a mint that had only been producing coins for two years. The coin dies he delivered are remarkable, considering the limitations of the facilities."
The Philadelphia Mint, crude as it might have been compared to the gleaming facilities of Europe, nonetheless produced numerous coins of striking beauty. The primarily antique-gold surfaces of this captivating near-Mint piece show lovely orange, aqua, and rose-violet accents around the peripheral design elements. The strike is as sharp as could be expected for the issue, though the eagle's head is a trifle soft. This piece displays beautifully, and a handful of wispy abrasions on the reverse are of little concern. NGC has graded 60 Mint State examples, a number that doubtless includes resubmissions (4/08).(Registry values: P5) (#8066)

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Bidding Guidelines and Bid Increments

Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1158, Lot 7497 Sunday, August 14, 2011 58 NGC $57,500.00
Auction 1152, Lot 4434 Sunday, February 6, 2011 58 NGC $48,875.00
Auction 1139, Lot 2236 Sunday, May 2, 2010 58 PCGS $48,875.00
Auction 394, Lot 3461 Saturday, January 7, 2006 58 PCGS $51,750.00
Auction 382, Lot 10338 Saturday, July 30, 2005 58 PCGS $43,125.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
55 $50,000 $50,000 $40,000 $36,500 $36,750 $49,500 $51,500
58 $75,000 $60,630 $48,500 $44,500 $44,500 $60,000 $65,000
60 $95,000 $76,880 $61,500 $56,500 $56,500 $85,000 ---
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 8,707 probably Joseph Wright
NGC 58 63 59 223 -
CAC 58 6 7 24 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.

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Early Half Eagles, 1795 $5 Small Eagle AU58 NGC....

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