Frosty 1813 Capped Head Left Five Dollar1813 $5 MS 64 PCGS. B. 1-A, Miller-119, R.5. The Capped Head Left half eagle of 1813-1834 is perhaps the rarest series in U.S. numismatics. The huge quantities of Latin American silver that flooded the world market in the early 19th century had an adverse effect on circulating gold coins. The value of gold steadily rose until, by 1834, a half eagle was worth more as bullion than its face value. As a result, many early half eagles were either melted in this country, or exported overseas where they suffered a similar fate. A legitimately rare coin by any standard, the first-year 1813 is, however, the most readily available issue of this type. Both sides of this coin shimmer with mint frost. In the near-absence of distracting abrasions, the surfaces present a smooth appearance that enhances the crisp striking detail. Yellow-gold in color with deeper green-gold undertones.
From the Bob Bisanz U.S. Type Set. (NGC ID# 25PM, PCGS# 8116)
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