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    1795 Capped Bust Right Half Eagle, AU58
    Popular First-Year Type Issue
    Small Eagle, BD-3 Variety

    1795 $5 Small Eagle, BD-3, High R.3, AU58 PCGS. Bass-Dannreuther Die State c/b, with a die crack from the rim to star 12 and a die flaw from the rim to the top of the E in UNITED. Philadelphia Mint personnel had a steep learning curve to overcome when U.S. coinage commenced in 1794 and they still had a lot to learn the following year, when gold coinage was struck for the first time. Either they had not mastered the proper technique for hardening the dies, or they were using an inferior grade of steel, resulting in constant problems with die breakage. Only 8,707 Capped Bust Right, Small Eagle half eagles were struck in 1795, but there are 12 die varieties known for the date and type (three more varieties were struck from leftover 1795-dated obverse dies, but those coins were struck a few years later, using the Heraldic Eagle reverse). The coin offered here represents the popular BD-3 variety, with star 11 touching Y in LIBERTY, four berries in the wreath, and the upper leaf extending to the foot of I in UNITED.

    The BD-3 is a relatively available variety, with a surviving population of 175-225 examples in all grades, making it a favorite choice of first-year type collectors. John Dannreuther estimates the BD-3 die pair struck 2,000-3,000 pieces of the reported mintage for the year. The obverse die was used previously to strike the BD-2 variety of this date and used again to produce the BD-4 variety. This was the only use of the reverse die.

    The present coin is an impressive near-Mint example, with just a trace of wear on the high points of the design, like the eagle's leg and breast feathers. The pleasing orange-gold surfaces are lightly abraded and no planchet adjustment marks are evident. Traces of original mint luster add to the attractive presentation. Population: 41 in 58 (2 in 58+), 69 finer (9/19).
    From The Kodiak Collection.

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

    Weight: 8.75 grams

    Metal: 91.67% Gold, 8.33% Copper

    View all of [The Kodiak Collection ]

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    January, 2020
    8th-12th Wednesday-Sunday
    Bids + Registered Phone Bidders: 22
    Lot Tracking Activity: N/A
    Page Views: 750

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    Hartford, CT
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