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Lot
5406

1795 $5 Small Eagle -- Cleaning -- PCGS Genuine. XF Details. BD-3, High R.3....

2014 January 8 - 12 FUN US Coin Signature Auction - Orlando #1201

 
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Auction Ended On: Jan 9, 2014
Item Activity: 7 Internet/mail/phone bidders
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Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:
1795 Capped Bust Right Half Eagle
XF Details
Popular First-Year BD-3 Variety
1795 $5 Small Eagle -- Cleaning -- PCGS Genuine. XF Details. BD-3, High R.3. Bass-Dannreuther Die State c/b. Half eagles were produced for the first time in 1795 and there are 15 different die varieties known for the date. Only 12 varieties were struck with the then-current Small Eagle reverse, the other three being produced circa 1798 with unused 1795-dated obverse dies and the later Heraldic Eagle motif on the reverse. The reported mintage for the date was only 8,707 pieces, but some of the Small Eagle reverse varieties were probably actually struck in 1796. This coin represents the BD-3 variety, with star 11 touching Y in LIBERTY and the upper leaf extending to the foot of I in UNITED on the reverse. The BD-3 is a reasonably available variety, with a surviving population of 175-225 examples in all grades. The obverse die was used previously to strike the 1795 BD-2 variety but this was the only use of the reverse.

The present coin is a lightly worn specimen that shows only minor abrasions on the pleasing yellow and greenish-gold surfaces. Despite the noted cleaning, this coin retains traces of mint luster and the overall presentation is quite attractive.(Registry values: P5) (NGC ID# 25ND, PCGS# 8066)

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