1809/8 $5 MS64 NGC. Breen-6458, BD-1, High R.3....

Description

Choice 1809/8 Half Eagle
BD-1, Only Known Variety
Popular Scarce Date

1809/8 $5 MS64 NGC. Breen-6458, BD-1, High R.3. A relatively small mintage of 33,875 half eagles was achieved in 1809, with a single die variety known for the date. The 1809/8 is a representative of the Capped Bust Left, Large Bust design, which was used from 1807-1812. Considered as a date, the 1809/8 is the rarest issue of the design type, although other years have individual varieties that are much more elusive. John Dannreuther estimates a surviving population of 250-325 examples in all grades, and the issue is quite rare in Choice Mint State condition.
Traditionally, the half eagles minted in 1809 have been classed as overdates, but many experts question whether the undertype of the final digit is an 8 or just a misplaced 9. The remains of some figure is easily noticed under the 9, but the visible curve does not seem to match either the 8 or 9 punch used on this die. Dannreuther points out the final 9 is actually from a larger punch than the other digits in the date. The undertype may be a smaller 9, placed slightly out of position. The die may have been repunched with the larger 9 to correct the alignment of the final numeral.
The present coin is a delightful Choice Mint State specimen, with light greenish-gold surfaces that show no significant distractions. A doubled center dot is noted under Liberty's ear, and the reverse shows numerous clashmarks, especially in the field above the eagle's wings. This example is sharply struck, with fine detail present on Liberty's hair and all star centers boldly defined. The surfaces are brightly lustrous, and eye appeal is outstanding. Currently, NGC has certified 29 coins in MS64, with nine examples finer (10/10).(Registry values: P2)

Coin Index Numbers: (PCGS# 8104, Greysheet# 8875)

Weight: 8.75 grams

Metal: 91.67% Gold, 8.33% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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