1796/5 $5 BD-1, High R.4 -- Repaired -- NGC Details. AU....

Description

1796/5 BD-1 Half Eagle, AU Details
Unused 1795 Obverse Die

1796/5 $5 BD-1, High R.4 -- Repaired -- NGC Details. AU. Bass-Dannreuther Die State a/b with a perfect obverse die and lapped reverse die. This famous overdate uses an obverse die that was completed for 1795 coinage, but remained unused. A 6 was punched over the 5 for use in 1796. The actual mintage is unknown, but was likely only a small portion of the 6,196 coins recorded for the year. John Dannreuther estimates a mintage between 1,057 and 2,000 coins. Our own opinion is closer to the low end of that range, perhaps 1,200 coins. This straw-gold example has brushed, matte-like surfaces with an unnatural but strangely attractive appearance.

Coin Index Numbers: (NGC ID# BFWU, Variety PCGS# 519862, Base PCGS# 8067)

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 NGC