Welcome Sign-In | Join Now
Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 


1795 Capped Bust Right Five, MS61
Small Eagle Reverse, Rare BD-4 Variety

1795 $5 Small Eagle MS61 PCGS. BD-4, R.5. Bass-Dannreuther Die State c/a. Under the provisions of the Mint Act of 1792, the assayer and the chief coiner were required to post bonds of $10,000 dollars before they could begin working with precious metals. This was an enormous sum in the 18th century, and neither Assayer Albion Cox nor Chief Coiner Henry Voigt could afford to post such an amount when the Mint opened in 1792. This caused a delay in the coinage of business-strike gold and silver coins, until the amount of the bonds was reduced by Congress in 1794. Accordingly, silver coinage began in earnest in 1794, and gold coinage commenced in 1795.
A small mintage of 8,707 half eagles was accomplished in 1795 using the Small Eagle reverse design. There are 12 different Small Eagle die varieties known for the date. A few years later, probably in 1798, some 1795-dated obverse dies were matched with Heraldic Eagle reverses to create three die varieties of that design. The present coin is a representative of the rare BD-4 variety, identified by the position of star 11 joining Y in LIBERTY, and the three berries in the wreath on the reverse. The BD-4 variety probably accounted for 1,000-1,500 pieces of the reported mintage, with a surviving population of 60-75 examples in all grades.
This delightful Mint State specimen displays pleasing yellow-gold surfaces that show only minor signs of contact. The design elements are well-detailed, with just a touch of softness on the centers. Vibrant mint luster adds to the excellent visual appeal. This coin will be a welcome addition to a fine collection of early gold. Population: 19 in 61, 35 finer (11/12).
From The Dr. James Olsen Collection.(Registry values: P5) (NGC ID# 25ND, PCGS# 8066)

View all of [The Dr. James Olsen Collection ]

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
January, 2013
Internet/Mail/Phone Bidders: 8
Members Tracking: N/A
Page Views: 831

Buyer's Premium per Lot:
17.5% of the successful bid (minimum $14) per lot.

Heritage membership

sold in the last year

Join Now - It's Free

  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your

Consignments wanted

Only 35 days left to consign to the 2015 December 10 - 12 World Coins Signature Auction - Hong Kong!

Learn about consigning with us

Heritage Auctions is very well keyed into the evolving market place, what better exposure can anyone ask for?
Consignor of The Virginia Cabinet
View More Testimonials receives more traffic than any other auction house website. To compare for yourself, visit:

Video tutorial

Getting the most out of search

Recent auctions

2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
REALIZED $34,801,934
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
REALIZED $9,698,676
2015 August 13 ANA Currency Platinum Night Auction - Chicago
2015 August 13 ANA Currency Platinum Night Auction - Chicago
REALIZED $1,870,380

© 2015 Heritage Auctions | All Rights Reserved