1795 $5 Small Eagle AU53 NGC....

Description

Popular 1795 Small Eagle Five, BD-3, AU53

1795 $5 Small Eagle AU53 NGC. Breen-6412, BD-3, High R.3. The 1795 half eagles were the first gold coins produced by the U.S. Mint, with the first delivery taking place on July 31. A respectable mintage of 8,707 pieces was accomplished during the year, with no less than 12 different die varieties identified for the date. The present coin is a representative of the BD-3 variety, characterized by the position of star 11 overlapping both the Y in LIBERTY and two points of star 12. The reverse die has four berries in the wreath, and the upper leaf of the branch extends past the foot of I in UNITED. BD-3 is the most available variety of the date, with John Dannreuther estimating an initial mintage of 2,000-3,000 pieces, and a surviving population of 175-200 examples.
The 1795 half eagle is in strong demand as a first-date-of-issue coin and the BD-3 variety is particularly prized as a type coin because of its availability in all grades. The issue does become scarce in mint condition, so an AU coin is an appropriate choice for most collectors. The date has been sought after since the earliest days of the hobby, with an auction appearance as early as the A.C. Kline Collection (M. Thomas & Sons, 6/1855), lot 170.
The coin offered here is a pleasing example of this popular date, with even yellow-gold color and some evidence of wear on the high points of the design. All major design features are still clearly delineated, and the surfaces display only minimal abrasions for the grade. Eye appeal is far above average for a coin from the earliest days of the Mint.(Registry values: P5)

Coin Index Numbers: (NGC ID# 25ND, PCGS# 8066, GSID# 8791)

Metal: 91.67% Gold, 8.33% Copper
Weight: 8.75 grams
AGW: 0.25789oz
Mintage: 8,707

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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