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Lot
5349

1805 $5 MS63 NGC. CAC. BD-2, R.4....

2012 August 2-5 US Coins Signature Auction- Philadelphia #1173

 
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Auction Ended On: Aug 3, 2012
Item Activity: 4 Internet/mail/phone bidders
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Location: Sheraton Philadelphia Downtown Hotel
201 North 17th Street
Philadelphia, PA 19103

Description:
Select 1805 Half Eagle
Very Scarce BD-2 Variety
1805 $5 MS63 NGC. CAC. BD-2, R.4. Bass-Dannreuther Die State f/c. A nominal mintage of 33,183 Capped Bust Right half eagles was accomplished in 1805, with five die varieties known for the date. This delightful Select example represents the BD-2 variety, characterized by the perfect 1 in the date and the position of the leaf below, but not touching, I in AMERICA. The obverse die was also used to strike the BD-1 variety of this date, while the remarkably resilient reverse was used on the next three varieties of 1795 and the BD-1 die marriage of 1796. The BD-2 is a very scarce variety that probably accounted for just 6,000-8,000 pieces of the reported mintage, with a surviving population of 100-150 pieces in all grades. Select specimens are quite rare in today's market.
The present coin is a sharply detailed Select specimen that shows the extensive obverse die cracks and clash marks indicative of this middle die state. Fine detail is present on the hair and eagle's breast, and the pleasing greenish-gold surfaces show only a few minor contact marks. Vibrant mint luster adds to the extraordinary eye appeal of this spectacular early five. Census: 21 in 63 (1 in 63+), 19 finer (6/12).(Registry values: P2) (NGC ID# 25P4, PCGS# 8088)

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