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1795 $5 Small Eagle AU55 NGC....
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Sold on Jan 7, 2010 for:
$37,375.00
Bid Source: Internet bidder
Description
1795 Small Eagle Five Dollar, BD-3, Choice AU
1795 $5 Small Eagle AU55 NGC. Breen-6412, BD-3, High R.3. Bass-Dannreuther Obverse State b/Reverse State b. The date is widely spaced and star 11 joins the Y of LIBERTY. On the reverse the tiny wreath bears four berries--two on each side--and a leaf extends to the lower foot of the I in UNITED.There are 15 varieties of 1795 half eagle known, including 12 Small Eagle pairings and three Large Eagles. Among the Small Eagle reverses, the BD-3 at High R.3 (175-225 known, according to Bass-Dannreuther) is the only die pairing that can be considered generally available for a price. All of the other 1795 Small Eagle and Large Eagle variants range from R.5 all the way up to unique or High R.8, in the case of the 1795 Large Eagle, BD-13.
Most of the 1795 Small Eagle die pairings are in the R.5 to High R.5 range. The 1795 Small Eagles were the first gold coins struck by the U.S. Mint, in its third year of operation (gold eagles followed later in the year). As such, they are coins of immense importance to type enthusiasts, early gold specialists, and variety collectors. The very fact that the other 11 1795 Small Eagle die marriages are so much rarer places an increased burden on the BD-3; when high-grade examples do appear in the marketplace, they are eagerly bid up to high levels by members of the aforementioned factions.
This piece has antique-gold coloration with a halo of lilac and hazel around the devices on both sides, an unusual but appealing palette. There are few mentionable signs of contact, and no adjustment marks appear on either side. Tiny die cracks diagnose the die state, on the obverse from star 12 to the rim and on the reverse from the rim to the E in UNITED. This Choice AU coin should form an important addition to any collection.(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: 0.28oz
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.
Auction Info
2010 January Orlando, FL FUN US Coin Auction #1136 (go to Auction Home page)
Auction Dates
January, 2010
6th-10th
Wednesday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 734
Buyer's Premium per Lot:
15% of the successful bid per lot.
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