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Lot
4853

1795 $5 Small Eagle AU53 NGC. Breen-6412, BD-3, High R.3. ...

2011 October 13-16 US Coins Signature Auction- Pittsburgh #1160

 
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Auction Ended On: Oct 14, 2011
Item Activity: 10 Internet/mail/phone bidders
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Location: David L. Lawrence Convention Center
1000 Ft. Duquesne Blvd.
Pittsburgh, PA 15222

Description:
1795 BD-3 Five Dollar, AU53
Small Eagle Reverse
1795 $5 Small Eagle AU53 NGC. Breen-6412, BD-3, High R.3. There are 12 known varieties of the 1795 Small Eagle five, despite a mintage estimated to have been between 8,707 and 12,106 coins. BD-3 is quickly identified by the overlap of a point of Star 11 and the Y in LIBERTY. The Small Eagle reverse design, the first in the series, was used for just three years. Type collectors frequently choose the 1795 to represent this type, given its relative availability when compared to the 1796 and 1797. Nonetheless, John Dannreuther (2006) estimates that there are only 750 extant examples--his high estimate--for this year, spread between a dozen varieties.
The bright green-gold surfaces of this specimen show just the slightest hint of friction over the highpoints. The detail is above-average for the type, and there are only a few minor marks worthy of mention: a shallow, horizontal pinscratch behind Liberty's head and three small planchet voids on the lower right portion of the obverse. The still-lustrous fields enhance the eye appeal.
From The Christmas Lake Collection.(Registry values: P5) (NGC ID# 25ND, PCGS# 8066)

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