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Lot
4835

1807 $5 Bust Left MS64 NGC. BD-8, R.2....

2012 July 12-15 US Coin Summer FUN Signature Auction - Orlando #1172

 
Sold for: Not Sold
Auction Ended On: Jul 13, 2012
Item Activity: 5 Internet/mail/phone bidders
839 page views
Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:

Original 1807 Bust Left Half Eagle
BD-8, MS64, John Reich Redesign
1807 $5 Bust Left MS64 NGC. BD-8, R.2. Bass-Dannreuther Die State b/b, clashed on the obverse where the curve of the eagle's wing shows, crack from rim to left of star 13 to hair. The first-year Bust Left obverse is the same for the rare BD-7 and the far more available BD-8. The reverse for the BD-8 shows the flag of the 5 in the denomination slightly left of the fletchings.
It is the very commonness of this variety and its status as a first-year coin design that make it so important for type collectors, and seldom seen in so fine a grade. When John (Johann Matthias) Reich joined the Mint as assistant engraver in 1807, he was tasked with redesigning American coinage -- a slap in the face of the enfeebled chief engraver, Robert Scot. Reich turned first to the workhorse gold and silver denominations of U.S. commerce, the half eagle and half dollar, respectively. This near-Gem boasts exemplary orange-gold surfaces with greenish tinges near the rims. There are no overt marks, although a few planchet adjustment marks appear through Liberty's profile and at the lower left obverse rim, and correspondingly at the upper left reverse to a far lesser degree. Generous luster remains on each of this original coin. For first-year-of-type collectors, this piece represents an offering of real significance.(Registry values: P2) (NGC ID# 25P9, PCGS# 8101)

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