1795 $5 Small Eagle, BD-3, High R.3, AU55 NGC....

Description

1795 BD-3 Half Eagle, AU55
Attractive Small Eagle Reverse

1795 $5 Small Eagle, BD-3, High R.3, AU55 NGC. Bass-Dannreuther Die State c/b, the later die state of BD-3, although the reverse die crack that defines this late die state is more likely a die flaw and not a crack. The 1795 half eagles were the first gold coins struck at the Philadelphia Mint. Surviving documents suggest that 8,707 half eagles were struck in 1795. There are 12 die pairs identified with an average production of just 725 coins per variety. It is likely that additional 1795-dated half eagles were struck the following few years, perhaps as late as 1798. John Dannreuther suggests that the actual mintage might of been as high as 14,000 coins. The BD-3 is the most plentiful of those 12 varieties with an estimated population of about 200 coins. This Choice AU example has attractive wheat-gold surfaces with a few faint hairlines but no distractive marks.
Ex: Long Beach Signature (Heritage, 6/2020), lot 3186.

Coin Index Numbers: (NGC ID# 25ND, Variety PCGS# 519852, Base PCGS# 8066, Greysheet# 198165)

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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