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Lot
4061

1813 $5 MS63 PCGS....

2009 January Orlando, FL FUN Auction #1121

 
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Auction Ended On: Jan 8, 2009
Item Activity: 7 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Lustrous 1813 Five, BD-1, MS63
1813 $5 MS63 PCGS. Breen-6467, BD-1, R.2. Quoting mintage figures for most early American coins is as useful as stating how many bottles of a particular fine wine were produced in a given year; many may have been made, but many were also consumed. Such is the case with all Capped Head to Left half eagles minted between 1813 and 1834. The most "common" date in the series is the inaugural 1813 issue. However, only 450 to 650 pieces are believed extant in all grades, per the Bass-Dannreuther reference. Out of a mintage of 95,428 1813 half eagles, that equates to a staggeringly low survivor rate of about half of 1%. This extreme rate of attrition is the result of extensive melting--both by overseas merchants who had accepted these gold coins in trade, and stateside, after lighter gold coins were introduced in 1834.
This conservatively graded survivor exhibits everything one would expect of a Select Uncirculated example. Sharp detail, uninterrupted luster throughout, and undeniable eye appeal. Remnants of planchet adjustment marks are visible on the obverse rim, but are neither immediately obvious or distracting.
From The James Mossman Collection.(Registry values: P2) (NGC ID# 25PM, PCGS# 8116)

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