1795 $5 Small Eagle, BD-1, R.5, -- Improperly Cleaned -- NGC Details. Unc....

Description

1795 Capped Bust Right Five, Unc Details
First Year of Gold Coinage, BD-1 Variety

1795 $5 Small Eagle, BD-1, R.5, -- Improperly Cleaned -- NGC Details. Unc. Ex: Hilt Collection. Bass-Dannreuther Die State a/a. Mint records indicate 8,707 Capped Bust Right half eagles were struck in 1795, the first year gold coins were produced at the United States Mint. The date is known with both Small Eagle and Heraldic Eagle reverse designs, but the Heraldic Eagle coins were undoubtedly struck a few years later, after that design was adopted in 1797. Twelve different die varieties are known with the Small Eagle reverse. This coin represents the scarce BD-1 variety, with the flag of the 5 overlapping the bust and the point of star 15 in the drapery. The surviving population for the BD-1 variety probably numbers 40-50 examples in all grades, and the issue probably accounted for 750-1,500 pieces of the original mintage.

The present coin is from a rarely seen early state of the dies, without the die crack through the 9 in the date. The design elements are sharply detailed and the bright greenish-gold surfaces show only minor signs of contact. The overall presentation is quite pleasing, despite the noted cleaning.
From The Liberty USA Collection.

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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