There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
:
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
4062

1815 $5 MS64 NGC....

2009 January Orlando, FL FUN Auction #1121

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jan 8, 2009
Item Activity: 8 Internet/mail/phone bidders
8,713 page views
Location:

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

Description:
The Celebrated 1815 Half Eagle, MS64, BD-1
A Classic Rarity, Ex: Garrett

1815 $5 MS64 NGC. Breen-6469, BD-1, R.7. During much of the 19th century, the 1815 half eagle was believed to be the rarest coin in the U.S. federal coinage series. Unlike many of the old-tenor gold issues, the 1815 half eagle does not owe its rarity to the massive gold melts of the 1820s and '30s. With a minuscule mintage of just 635 pieces, the 1815 was rare from its date of issue. One set of dies was sufficient to coin the entire mintage, which was delivered on November 3, 1815. The depositors of gold bullion from which the coins were produced were Thomas Parker, Charles Kalkman, and the Bank of Pennsylvania. The design for this issue was engraved by John Reich, and his secret signature can be seen in a notched point on star 13.
Exactly when the 1815 issue came to the attention of the numismatic community is unknown, but it was squarely in the spotlight by 1865. In his Sixth Semi-Annual Sale, W. Elliot Woodward offered the discovery specimen of the 1798 Small Eagle half eagle and, seeking to impress potential bidders, he compared its rarity to the 1815. George Seavey exhibited his "complete" collection of gold coins to the Boston Numismatic Society in 1869, including a specimen of this date, and the American Journal of Numismatics declared the piece to be unique. In these early times, the issue even outshone the 1822 half eagle, of which only three are known. The first auction appearance of this issue was in the Parmelee/Seavey Sale (Strobridge, 6/1873). Parmelee had purchased the Seavey Collection intact, a tactic he often employed, and was using this sale to dispose of his duplicates. Surprisingly, Seavey had two 1815 half eagles in his collection by that time. Unfortunately, the coin was withdrawn from the auction.
By the time of the Bispham Sale (S.H. & H. Chapman, 2/1880), there were four specimens of the date known to the catalogers. The Chapmans listed the coin in the Swedish Mint Museum (discovered when Joseph Mickley visited Europe in the 1870s), the example in the Parmelee Collection (Ex: Seavey), the specimen being offered in the Bispham Sale (a Seavey duplicate), and a fourth example (from Edward Cogan's sale of the Cohen Collection). The number of known specimens gradually increased over the years, but numismatists could only confirm six or seven specimens as late as 1940. Then, the population of 1815 half eagles seemed to explode. In the 1940s and '50s, a flurry of appearances occurred, leaving the pedigree trails hopelessly tangled. Apparently new specimens came on the market at the same time the known examples were being sold and resold. No researcher has successfully established a complete census of known examples since this flood of new appearances, despite the best efforts of Walter Breen, Carl Carlson, and others. Today, experts believe approximately one dozen examples are extant.
Since the early 1990s, most pedigrees of the present specimen have begun with Joseph Mickley. However, in the opinion of the present cataloger, it is unlikely Mickley owned this coin. In his only published numismatic work Dates of United States Coins and Their Degrees of Rarity, Mickley omitted any comment on the 1815 half eagle, because he had never encountered one. Mickley collected actively for several years after he wrote this pamphlet, but if he acquired an 1815 half eagle in those years there is no record of it. Further negative evidence can be found in the correspondence between Woodward and T. Harrison Garrett in the early 1880s, when Garrett was actively seeking an example for his collection. In a letter dated January 23, 1883 Woodward wrote, "I have been looking up the subject of 1815 half eagles. I know of one abroad, and I am pretty certain there are three in this country. I knew of one in New York some twenty years ago which I have lost track of, and I am not certain if it is one of those referred to." Clearly, Woodward was referring to the four specimens listed in the Bispham Sale, none of which was a Mickley coin. Woodward sold Mickley's collection in 1867, with the gold portion going to Appleton in a private transaction. The 1815 half eagle was at the height of its fame during that period, and Woodward would surely remember if one had been involved in his sale to Appleton. His failure to mention any such coin to Garrett is telling evidence that Mickley did not have one.
A more likely pedigree for the coin begins with the Mendes I. Cohen Collection (Edward Cogan, 10/1875). According to a salesroom copy of the sale, annotated by William Poillon, the buyer of the 1815 half eagle was Heman Ely. When Woodward later sold Ely's collection, in January 1884, he noted in his lot description that the half eagle in the sale was the one he had lost track of twenty years before and it was the finest known to him. The coin failed to meet the reserve on the day of the sale, so Woodward kept it for stock. H.P. Newlin eventually purchased the coin, which he traded to Garrett in a blockbuster deal in October 1884. From this point on, the traditional pedigree is accurate.
The present coin features an extraordinary strike for such an early issue. Crisp detail is evident on the hair, star centrils and eagle's feathers. Full mint luster is present, and the undimmed gold color catches the eye enticingly. This coin is one of the finest examples of this classic rarity. Census: 2 in 64, 0 finer (11/08).
Ex: Mendes I. Cohen Collection (Edward Cogan, 10/1875), lot 138; Heman Ely; Ely Collection (Woodward, 1/1884), lot 830; W. Elliot Woodward; H.P. Newlin, private treaty; T. Harrison Garrett, private treaty; Garrett Collection (Bowers and Ruddy, 11/1979), lot 460; Auction '84 (Paramount, 7/1984), lot 901.
From The Deb-Ann Collection.

See: Video Lot Description(Registry values: P8) (NGC ID# 25PP, PCGS# 8118)

View all of [The Deb-Ann Collection ]
View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




Videos:
FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
880,799
bidder-members
$974,001,871
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Consign to the 2015 January 4 - 5 World & Ancient Coins Signature Auction - New York.
Learn About Consigning With Us
I never attend a Heritage auction that I don't leave with a treasure in my pocket.
A.M. ,
Oceanside, CA
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago
2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago
REALIZED $36,100,727
2014 August 8 ANA World and Ancient Coins Platinum Night Auction - Chicago
2014 August 8 ANA World and Ancient Coins Platinum Night Auction - Chicago
REALIZED SO FAR $10,493,377
2014 August 6 ANA Currency Platinum Night Auction - Chicago
2014 August 6 ANA Currency Platinum Night Auction - Chicago
REALIZED $2,960,604