1795 $5 Small Eagle, BD-4, R.5, AU53 PCGS....

Description

1795 BD-4 Half Eagle, AU53
Small Eagle Reverse

1795 $5 Small Eagle, BD-4, R.5, AU53 PCGS. Bass-Dannreuther Die State d/a with a short obverse crack from the border to star 12. According to Mint records, there were 8,707 half eagles struck in 1795, 6,196 in 1796, and 3,609 in 1797. Surviving coins prove the existence of 12 die varieties for 1795, one variety for 1796, and seven varieties for 1797, the latter including Small Eagle and Heraldic Eagle types. The average production from those 20 die pairs is less than 1,000 coins each. A correlation of die varieties and mintage figures presents today's researchers with a nearly impossible task. John Dannreuther provides his opinions in Early U.S. Gold Coin Varieties, A Study of Die States, 1795-1834. He considers the present piece to be the fourth variety struck in 1795, as his variety number indicates. This variety is relatively plentiful in the context of early gold varieties with a surviving population that approaches 75 coins. Slight wear appears on the antique-gold surfaces of this pleasing example that has trivial marks of no consequence. A dark toning spot over the 5 in the date will aid future researchers with identification.

Coin Index Numbers: (NGC ID# 25ND, Variety PCGS# 519853, Base PCGS# 8066, Greysheet# 198166)

Weight: 8.75 grams

Metal: 91.67% Gold, 8.33% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

View Certification Details from PCGS