There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.

1806/5 $2 1/2 7x6 Stars AU58 NGC. BD-2, High R.5....

2012 May 30- June 3 US Coins Signature Auction- Long Beach #1171

Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jun 1, 2012
Item Activity: 8 Internet/mail/phone bidders
999 page views
Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802


1806/5 Quarter Eagle, AU58
Rare 7x6 Stars Variety, BD-2
Bright Yellow, Semiprooflike Fields
1806/5 $2 1/2 7x6 Stars AU58 NGC. BD-2, High R.5. The year 1806 was the penultimate date for the Capped Bust Right type, which was retired in favor of John Reich's Capped Bust Left design after the 1807 coinage. Two die varieties are known for the date, both from overdated dies. The present coin is a representative of the less available BD-2 variety, characterized by the 7x6 arrangement of the obverse stars. From a tiny original mintage of 480 coins, the BD-2 die marriage is quite rare today. Experts estimate only 25-35 examples are known in all grades. In Early U.S. Gold Coin Varieties, John Dannreuther calls the issue "one of the rarest of the early quarter eagles," with only the 1796 No Stars BD-1, 1797 BD-1, and the 1804 13 Star Reverse quarter eagles more difficult to locate. Considering both leading grading services, a total of eight examples have been certified in AU58, with eight finer (4/12).
In their Encyclopedia of U.S. Gold Coins 1795-1933, Jeff Garrett and Ron Guth explain the unusual circumstances of the 1806/5 striking:

"The 1806/5 overdate represents one of the rare instances when a die that had already been used to strike coins in one year was softened, overdated, rehardened, and then used to strike even more coins. Most other overdates occur on unused dies from previous years."

Perhaps the overdated obverse die failed quickly, accounting for the limited mintage.
The present coin is sharply struck, with bright, semiprooflike fields. Only slight, even wear is noted on the highest points of the design. A prominent die crack is visible through the top of LI in LIBERTY and a few adjustment marks are evident on the reverse center.(Registry values: P9) (NGC ID# 25FB, PCGS# 7655)

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
or Join (free & quick)
Price Guide
or Join (free & quick)
Population Guide
or Join (free & quick)
Find Auction Prices for Comparable Items:

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

Open For Bidding
Coming Soon
sold in the last year
  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
Only 16 days left to consign to the 2015 April 8 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago!
Learn About Consigning With Us
What a great experience. It was a lot of fun watching it all on Saturday. We are so excited about how it turned out. So very happy.
Corona Del Mar, CA receives more traffic than any other auction house website. To compare for yourself, visit:
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
2015 January 7 - 12 FUN US Coins Signature Auction - Orlando
2015 January 7 - 12 FUN US Coins Signature Auction - Orlando
REALIZED $70,224,629
2015 January 13 - 14 World Coins & Ancient Coins - Dallas
2015 January 13 - 14 World Coins & Ancient Coins - Dallas
REALIZED $3,056,693
2015 January 7 - 12 FUN Currency Signature Auction - Orlando
2015 January 7 - 12 FUN Currency Signature Auction - Orlando
REALIZED $9,797,415