1798 $5 Large Eagle, Small 8 AU55 PCGS....

Description

Early State 1798 BD-6 Half Eagle, AU55
Perfect Obverse Die

1798 $5 Large Eagle, Small 8 AU55 PCGS. Breen-6430, BD-6, R.6. In past literature, the 8 has been called a "Small 8" compared to the "Normal 8" on BD-2 through BD-5; however, John Dannreuther corrects the notation, calling the earlier varieties "Large 8" dates and the present variety a "Normal 8."
Nearly all known examples of this die marriage, and there are only about 30 surviving, have a heavy die crack in the right obverse, from the B of LIBERTY across the hair curl, nose, chin, and down to the last star. The present piece is one of just two known to us without that obverse die crack. All examples have a reverse die crack down the right side. These cracks account for an early discard of both dies.
Housed in a green-label PCGS holder, this piece has considerable luster with bright yellow surfaces. The obverse has prominent, nearly vertical adjustment marks across the bust, and they have resulted in obvious central weakness on the reverse. Population: 16 in 55, 32 finer (11/09).(Registry values: P4)

Coin Index Numbers: (NGC ID# BFX5, PCGS# 8079, Greysheet# 8799)

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