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Lot
1299

1796/5 $5 Small Eagle AU58 NGC. Breen-6418, B. 9-I, Miller-16, R.5. The only die pairing used in the second year of Half Ea...

2005 December Dallas Signature Auction #398

 
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Auction Ended On: Dec 13, 2005
Item Activity: 8 Internet/mail/phone bidders
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Location: Dallas, TX
Description:
Rare 1796/5 Half Eagle, Choice AU58 NGC
1796/5 $5 Small Eagle AU58 NGC. Breen-6418, B. 9-I, Miller-16, R.5. The only die pairing used in the second year of Half Eagle production, and a very scarce date in any grade. Even though the mintage of 6,196 pieces is not substantially less than the 1795, the 1796/5 Five Dollar is a much more elusive issue. Clear evidence of the original 5 is visible under the repunched 6 in the date.
This example is well struck through the centers (although not quite full) and retains much semi-reflective luster about the devices. The surfaces exhibit a mixture of green-gold and yellow-gold colors. Only the slightest wear is visible on the highpoints. A small grouping of tiny, dark encrustation-like deposits is seen surrounding the area of the TY of LIBERTY. This is only being mentioned as a future identifier for the early gold enthusiast.
From The Frank Manthey Collection of Gold Coins.(Registry values: P7) (NGC ID# 25NE, PCGS# 8067)

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