1795 $5 Small Eagle, BD-12, High R.6, XF40 PCGS. CAC....

Description

1795 Small Eagle Five Dollar, XF40
BD-12, Rare 'Apostrophe' Variety
12 to 15 Examples Thought to Survive

1795 $5 Small Eagle, BD-12, High R.6, XF40 PCGS. CAC. Bass-Dannreuther Die State a/a. A mispunched E, originally entered much too close to B in LIBERTY, was partially effaced and then reentered correctly, leaving remnants to earn the "apostrophe" moniker. The die engraver's error is clearly visible even on this moderately circulated example, as is broad repunching on the nearby I. The reverse die carried over to the following year, paired with the 1796/5 obverse. Some researchers believe the BD-12 half eagles were actually struck in 1796 -- a likely scenario, given the Mint's penchant for ignoring the date on a die if it was still serviceable, and the few survivors of the 1796/5 compared to the reported mintage.

Housed in a previous generation blue label holder with CAC endorsement, this is an attractive representative of the rare BD-12 die marriage. Smooth wear on the high points complements the minimally marked fields. Appealing apricot-gold coloration displays orange accents at the borders and around the central motifs. A few light adjustment marks run horizontally across the eagle's breast, but they are few and of little concern, diminished by wear. The protected elements retain their sharpness and hints of reddish-gold mint luster. Fewer than 15 representatives are thought to exist of the variety.
From The Hutchinson Collection, Part II.

Coin Index Numbers: (Variety PCGS# 519861, Base PCGS# 8066, Greysheet# 198171)

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 all of [The Hutchinson Collection, Part II ]

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