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

Description

1806/5 Quarter Eagle, AU58
Rare 7x6 Stars, BD-2 Variety
Only 480 Pieces Produced, Few Survive

1806/5 $2 1/2 7x6 Stars, BD-2, High R.5, AU58 NGC. Bass-Dannreuther Die State c/b. This coin is struck from the late die state, with a die crack through the date and a prominent crack atop stars 5 to 7, extending across the tops of L and I of LIBERTY. Famously, the 1806/5 variety is one of only a handful of U.S. dies that were prepared for use in one year, annealed, and later re-used after being annealed again and overdated. The flag of an underdigit 5 is visible far right of the 6, with the 6 numeral seemingly double punched to obscure most of the 5. This lemon-gold example is lightly abraded but nearly Mint State, with virtually full mint luster and sharply defined devices. The 1806/5 BD-2 variety is the rarer of two 1806 varieties. A mintage of only 480 pieces with 25 to 35 pieces known. David Bowers describes this variety as "a great rarity, one of the greatest objects of desire in the entire early quarter eagle series." Census: 3 in 58, 5 finer (5/22).
From The Allan H. Goldman Collection.

Coin Index Numbers: (NGC ID# BFVX, Variety PCGS# 45513, Base PCGS# 7655, Greysheet# 297888)

Weight: 4.37 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.

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