1804 $5 Small 8, BD-1, High R.4, MS63 PCGS. CAC....

Description

1804 Capped Bust Right Five, MS63
Small 8, BD-1 Variety

1804 $5 Small 8, BD-1, High R.4, MS63 PCGS. CAC. Bass-Dannreuther Die State a/b. A fairly substantial mintage of 30,475 Capped Bust Right half eagles was accomplished in 1804, with seven die varieties known for the date. This coin represents the BD-1 variety, easily identified by the graver line from the point of the shield to the eagle's beak on the reverse. The BD-1 has a surviving population of 70-90 examples in all grades and probably accounted for 3,000-6,000 pieces of the reported mintage. This was the only use of the reverse die, but the obverse was used again to strike the BD-2 variety of this date.

This delightful Select example is from an early state of the dies, with no evidence of the crack through the 0 in the date. On the reverse, a thin crack shows through the top of the T in UNITED, which develops into a cud in later die states. The design elements are sharply detailed in most areas, with just a trace of the usual softness on the eagle's claw and arrow fletchings. Some faint planchet adjustment marks are evident on the bust, but the lustrous orange-gold surfaces show only minor signs of contact. As a date, the 1804 Capped Bust Right half eagle is rare in MS63 condition, and finer coins are virtually unobtainable. Housed in a green label holder. Population: 20 in 63 (1 in 63+), 3 finer. CAC: 6 in 63, 3 finer (10/18).

Coin Index Numbers: (Variety PCGS# 519891, Base PCGS# 8085, Greysheet# 198203)

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.

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