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

Description

1796/5 Five Dollar, Small Eagle Reverse
BD-1, AU55

1796/5 $5 Small Eagle AU55 NGC. Breen-6418, BD-1, High R.4. The 1796/5 Small Eagle five dollar gold piece is one of the important rarities in the early half eagle series. The obverse has a prominent overdate, one of the earliest overdates from the Philadelphia Mint. Two 1796 over 5 overdate varieties were minted in Philadelphia, the half dime and half eagle. They are the first two overdates in American coinage. It is impossible to know exactly when they were each coined, although the Mint's delivery records suggest that the overdate half dime was probably coined before the half eagle. Regardless, this single variety is the first overdate in American gold coinage.
Following 12 1795 Small Eagle varieties, just one was produced in 1796, despite a similar annual mintage. The only explanation is that 1795 dies were still serviceable and remained in use through most of 1796. Finally, the 1796-dated obverse die was engraved and placed into use. It is impossible to know how many were actually struck, although John Dannreuther estimates that only 1,057 to 2,000 coins carried the 1796 date from the annual production of 6,196 coins.
Less than 10 Mint State 1796/5 half eagles are known, despite a higher certified population. This Choice AU specimen is similar in quality to the Harry W. Bass, Jr. coin now on display at the ANA museum in Colorado Springs. Both sides have lustrous green-gold surfaces with only a few insignificant blemishes. The strike is sharp, and the eye appeal is quite strong. A small color spot is evident at the obverse rim, below the 1 in the date, and a few light adjustment marks show in the cap and hair. Census: 4 in 55, 23 finer (3/11).
Ex: Public Auction Sale (Stack's, 6/1995), lot 799; FUN Signature (Heritage, 1/2011), lot 5078; Central States Signature (Heritage, 4/2011), lot 5372.(Registry values: P7) (NGC ID# 7KNJ, PCGS# 8067)


Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
August, 2011
11th-14th Thursday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 1,190

Buyer's Premium per Lot:
15% of the successful bid (minimum $14) per lot.

Heritage membership

Join Now - It's Free

VIEW BENEFITS
  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
    winnings 
Consign now
  • Cash Advances
  • More Bidders
  • Trusted Experts
  • Over 200,000 Satisfied Consignors Since 1976
Consign to the 2016 December 7 - 8 World Coins Signature Auction - Hong Kong.

Learn about consigning with us

HA stands head and shoulders above the rest.
Steve
View More Testimonials

HA.com receives more traffic than any other auction house website. (Source: Compete.com)

Video tutorial

Getting the most out of search

Recent auctions

2016 July 7 - 10 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2016 July 7 - 10 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $6,575,672
2016 June 22 - 24 World Coins Signature Auction - Hong Kong
2016 June 22 - 24 World Coins Signature Auction - Hong Kong
REALIZED $2,788,640
2016 June 23 - 24 World Currency Signature Auction - Hong Kong
2016 June 23 - 24 World Currency Signature Auction - Hong Kong
REALIZED $779,759

© 2016 Heritage Auctions | All Rights Reserved