1802/1 $5 MS64 PCGS....

Description

Lustrous and Amazingly Clean MS64 1802/1 Five Dollar
BD-7

1802/1 $5 MS64 PCGS. Breen-6440, BD-7, R.5. Die State c. The obverse shows a die crack from star 5 to star 3 with the first die break continuing into the field. It is also noticeably die clashed with the horizontal shield lines from the reverse visible above Liberty's ear. In spite of the die cracks and clashing, this obverse was used once more to strike the BD-1 1803 fives. The 1802/1 half eagle is similar in overall rarity to the 1800. Relatively available (by early gold standards) through the MS63 grade level, near-Gem survivors are few and far between. The present specimen is an example of a scarce variety that is distinguishable by the imperfect Ts (actually caused by a broken letter punch) in STATES and the left centering of the 1 within the 2 of the date. A few adjustment marks on the reverse are the only distractions on the otherwise smooth, green-gold surfaces that show just a trace of reddish patina. Lovely, smooth satin-like mint luster is seen over each side and is undisturbed by any mentionable abrasions. The underdigit is clearly visible to the unaided eye, a fact that only enhances the desirability of this already beautiful coin. Of the estimated mintage of 3,000-6,000 pieces for this variety, only 50-65 examples are believed known today, and this is surely one of the finest. Only three pieces have been certified finer by both PCGS and NGC (6/08). We anticipate significant bidder competition when this rare gold piece crosses the auction block. (Registry values: P2)

Coin Index Numbers: (NGC ID# 25NX, PCGS# 8083, GSID# 8872)

Metal: 91.67% Gold, 8.33% Copper
Weight: 8.75 grams
AGW: 0.28oz
Mintage: 53,176

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.

View Certification Details from PCGS