1796/5 $5 BD-1, High R.4, XF45 PCGS....

Description

1796/5 Half Eagle, Choice XF
Scarce Second-Year Issue
BD-1, Always-Popular Overdate

1796/5 $5 BD-1, High R.4, XF45 PCGS. Bass-Dannreuther Die State a/b. With a reported mintage of only 6,196 pieces, just a single die pair was required for this second-year Small Eagle issue. The present coin is a moderately circulated example with Choice XF definition on the motifs and generally smooth, greenish-gold surfaces. Occasional orange accents at the central obverse and within letters of the reverse legend add appeal, along with a few faint glimpses of remaining mint luster. The underdigit 5 is readily apparent beneath the primary 6.
Light abrasions, as expected, are scattered across both sides with a few shallow lines but no heavy marks. We note a narrow, curving scrape near 1 and 7 of the date. The wing feathers retain much of their detail, and Liberty's hair strands and cap folds are well-defined. Bass-Dannreuther estimate under 100 pieces known, and suggest that some of the reported mintage includes 1795-dated coins. This scarce, overdate issue is a necessity for type, date, and specialty collectors. Housed in a prior generation green label holder. Population: 3 in 45, 23 finer (2/17).
From The Hutchinson Collection, Part II.

Coin Index Numbers: (NGC ID# BFWU, Variety PCGS# 519862, Base PCGS# 8067)

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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