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Lot
5094

1814/3 $5 MS63 PCGS. CAC. Breen-6468, BD-1, High R.4. ...

2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151

 
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Auction Ended On: Jan 6, 2011
Item Activity: 11 Internet/mail/phone bidders
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Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:

Sharply Detailed 1814/3 Half Eagle, MS63
Scarce BD-1 Variety
1814/3 $5 MS63 PCGS. CAC. Breen-6468, BD-1, High R.4. A small production of 15,454 half eagles was accomplished in 1814, employing an unused obverse die from 1813 with a 4 punched over the final digit, together with the reverse previously used to strike the 1813 BD-2 variety. Only this single die marriage is known for the date, but the overdate feature is hard to distinguish on worn specimens. The reverse was used again the following year to strike the celebrated 1815 half eagle mintage. John Dannreuther estimates 80-100 examples of this popular overdate are extant in all grades, and the issue appears at auction two or three times over the course of an average year. The 1814/3 is scarce-to-rare in any grade, and Select Mint State examples are quite rare. Current population data from the grading services reveals NGC has certified eight coins in MS63, with eight finer, while PCGS has graded another eight examples at the Select level, with four finer (11/10). The NGC-graded Choice example in lot 2083 of the Husky Collection (Stack's, 6/2008) realized $57,500.
One of the finest known examples of this scarce overdate, the coin offered here combines exceptional visual appeal with a high technical grade. Horizontal clash marks from the shield are evident near Liberty's ear, and the remnants of the 3 can be easily observed beneath the final digit in the date. Clash marks are also evident on the reverse, but the only adjustment marks are peripheral. All design elements are sharply detailed, with fine detail present on the hair and star centrils. The surfaces are attractive greenish-gold, with rose highlights. Housed in an old green label holder.
From The Henry Miller Collection.(Registry values: P3) (NGC ID# 25PN, PCGS# 8117)

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