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Lot
7506

1798 $5 Large Eagle, Large 8, 13 Star Reverse MS62 PCGS. CAC. Breen-6429, BD-5, High R.5....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
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$60,000
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Auction Ended On: Aug 12, 2011
Item Activity: 4 Internet/mail/phone bidders
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Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
1798 Half Eagle, Large 8, MS62
Heraldic Eagle Reverse, BD-5
1798 $5 Large Eagle, Large 8, 13 Star Reverse MS62 PCGS. CAC. Breen-6429, BD-5, High R.5. A substantial mintage of 24,687 half eagles was produced in 1798, including both Small Eagle and Heraldic Eagle designs. A total of eight die varieties are known, including the very scarce BD-5, with a large, level 8 in the date and the first A in AMERICA positioned above the fourth feather of the eagle's wing. The BD-5 probably represented 2,250-3,250 pieces of the reported mintage, with only about 30-40 examples still extant in all grades.
The present coin is a well-struck MS62 example with lustrous honey-gold surfaces and a minimum number of contact marks for the grade. The obverse shows a long die break from star 7 through the hair, to Liberty's shoulder. There is also a thicker line below ER in LIBERTY. Population: 9 in 62, 2 finer (7/11).
From The Oliver Collection.(Registry values: P3) (NGC ID# 25NN, PCGS# 8078)

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