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Lot
5434

. 1828 $5 -- Repaired -- NGC Details. AU. BD-4, High R.6....

2014 January 8 - 12 FUN US Coin Signature Auction - Orlando #1201

 
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Auction Ended On: Jan 9, 2014
Item Activity: 7 Internet/mail/phone bidders
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Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:
1828 Half Eagle, AU Details
Very Rare BD-4 Variety
Seldom Seen as a Date

1828 $5 -- Repaired -- NGC Details. AU. BD-4, High R.6.
Any offering of an 1828-dated half eagle, overdate or not, is a remarkable occurrence. The two 1828/7 varieties, BD-1 and BD-2, are ranked High R.7 (three to five known) and Unique, respectively. The two nonoverdate 1828 half eagle variants, BD-3 and BD-4, are R.8 (three to four known) and High R.6 (12 to 15 known).

The BD-4 shows the date closely spaced and centered in the field between the rim and bust. Star 1 is quite close to the bust, and one of its points virtually touches the dentils. Star 13 is slightly lower than on the BD-3, pointing to the largest part of the prominent lower curl. The reverse, shared between the BD-3 and BD-4, shows the last S in STATES centered over the US of PLURIBUS, and the top of the 5 in the denomination is slightly higher than the D.

Some repairs are evident in the fields before and behind the head, likely to remove abrasions, and some polishing or whizzing has been done. Other signs of treatment are visible in the reverse fields, on either side of the wings, where the surfaces are a bit overbright. Even so, the repairs, at least on the obverse, are not all that obtrusive, and given the rarity of the date, not terribly distracting. This piece should see some spirited bidding from astute early gold collectors.
Ex: Dallas Signature (Heritage, 10/2006), lot 2715, which brought $19,550.

From the collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: P8) (NGC ID# 25R6, PCGS# 8137)

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