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Lot
4546

1795 $5 Small Eagle MS60 Prooflike NGC. Breen-6414, B. 4-D, Miller-6, S over D, R.5. There are two major varieties of the 1...

2005 September Long Beach Signature Auction #384

 
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Auction Ended On: Sep 23, 2005
Item Activity: 9 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Prooflike Uncirculated 1795 Small Eagle Five Dollar
1795 $5 Small Eagle MS60 Prooflike NGC. Breen-6414, B. 4-D, Miller-6, S over D, R.5. There are two major varieties of the 1795 Capped Bust Right Five Dollar: Small Eagle and Heraldic Eagle. Whereas the latter is a backdated issue, the former was actually delivered in 1795 as the premier gold coin in U.S. history. The 1795 Small Eagle is actually one of the more plentiful early Fives in today's market, a fact that indicates widespread preservation at the time of delivery. This is not to suggest that this issue is easy to obtain. On the contrary, first-year type collectors will have to face considerable bidder competition for the honor of owning a high grade, Mint State representative.
This is the more common of two varieties of 1795 Half Eagles with the second S in STATES clearly cut over a D. This is a well defined piece that shows strong remaining details on Liberty's hair as well as the eagle's feathers. The fields are clearly prooflike and this brightness adds even more to the overall attractiveness. There are numerous small abrasions scattered about that perhaps are unfairly exaggerated by the fragile, reflective nature of the fields. One small group of pinpricks is noted in the field to the right of Liberty's mouth, this being mentioned for future pedigree purposes.(#8066) (Registry values: P5) (NGC ID# 25ND, PCGS# 8066)

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