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Lot
4758

1808/7 $5 MS64 PCGS. BD-2, High R.4. ...

2012 February 2-5 US Coins Signature Auction- Long Beach #1167

 
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Auction Ended On: Feb 3, 2012
Item Activity: 4 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
1808/7 Close Date Half Eagle, MS64
BD-2, Among the Finest Known
1808/7 $5 MS64 PCGS. BD-2, High R.4. Close Date. Two 1808/7 die marriages are known, both of which share a common reverse die with a closely spaced denomination. Although the obverses for BD-1 and BD-2 are quite similar, they can be distinguished by the alignment of denticles below the date. BD-2 also has an open curl above the 0 in the date. According to Early U.S. Gold Coin Varieties, A Study of Die States, 1795-1834, (2006), quoting from the Bass Notebook:

"OBV: 8 over 7. Wide date. Numerals evenly spaced. Numerals widely spaced. 1 is centered over two denticles. Top of 1 higher than that of 8. Cross bar of 7 within top opening of 8. Serif of 7 atop 8 at left. No foot of 7 visible beneath bottom loop of 8. Large round die center punch lump within a depressed circle on jaw in front of hair curl. Die has been lapped, resulting in bottommost curl being weak and broken at right side. This interior is hollow. REV: That of 1807 (Y). Clash visible within shield. Clashed and lapped."


This scarce near-Gem example has a crisp strike, and the field areas on each side are virtually untouched. One of the lower points of obverse star 13 is malformed (as made -- the so-called "secret signature" of designer John Reich). Lovely satin luster illuminates the clean fields and well-formed devices. The essentially yellow-gold coloration is imbued with lime-green undertones. Although this piece is remarkably well preserved, thin horizontal marks are noted across Liberty's neck and cheek. The reverse seems virtually blemish-free.
From an estimated mintage of 7,500 to 12,500 (for the BD-2 variety, from a total for the date of 55,578+ pieces), this specimen is one of just three coins certified at the MS64 grade tier, by NGC and PCGS combined, and only a single Gem has been encapsulated, by PCGS (12/11).
Ex: FUN Signature (Heritage, 1/2007), lot 3518.(Registry values: P3) (NGC ID# 25PB, PCGS# 8103)

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