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    Description

    1795 BD-3 Half Eagle, AU58
    America's First Gold Coin

    1795 $5 Small Eagle, BD-3, High R.3, AU58 PCGS. Bass-Dannreuther Die State b/b with an obverse crack from the rim to star 12, and a reverse crack or engraver's line at the E of UNITED. The reverse die lines from the dentils over TED appear to be graver slips from the dentils, rather than die cracks. The 1795 BD-3 half eagle is the most plentiful variety of the date and used an obverse die that also appeared on BD-2 and BD-4. The reverse die is unique to this marriage.

    The 1795 Small Eagle half eagles were our nation's first gold coin and it is extremely historic in that regard. These coins followed copper production that began in 1793 and silver production that began in the last quarter of 1794. The first half eagles were coined in the third quarter of 1795. There were 12 die varieties created from late July through September 1795, with more coined in June and July 1796. The actual coinage of 1795-dated half eagles is unknown, as many were coined in 1796, and some may have been struck in 1797. Mintage figures provide limited information about what coins were produced, and when. As it is the third of 12 varieties in the emission sequence, the best we can hope to say is that this coins was probably minted in 1795.

    This lovely near-Mint example has inconsequential, grade-consistent marks and a trace of high-point rub on its brilliant yellow-gold surfaces with delicate orange overtones. Slight field reflectivity is noted among the peripheral devices. A minuscule toning spot on Liberty's jaw will help identify the provenance of this highly appealing and historically important early gold piece. (NGC ID# 25ND, Variety PCGS# 519852, Base PCGS# 8066)

    Weight: 8.75 grams

    Metal: 91.67% Gold, 8.33% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

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    Auction Dates
    January, 2018
    3rd-8th Wednesday-Monday
    Bids + Registered Phone Bidders: 15
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