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    Historic Mint State 1795 Half Eagle
    Small Eagle Reverse, BD-1

    1795 $5 Small Eagle MS60 NGC. BD-1, R.5. Two major design types are known for the half eagles with a 1795 date. This Small Eagle design was actually produced in 1795, whereas the Large or Heraldic Eagle design was backdated, and actually coined in 1798. There are 12 individual die varieties of the Small Eagle type, representing the earliest gold coins produced at the Philadelphia Mint. These 12 varieties were produced through various combinations of eight obverse dies and nine reverse dies.
    When Walter Breen studied these coins in the 1960s, he assigned numbers 1 through 4 and letters A through D to the four obverse and reverse dies that he believed were first used by the Mint. Adjustments have been made to his sequence, and today, the Bass-Dannreuther reference notes that this was the very first half eagle variety produced in 1795, thus it is possibly the first U.S. gold coinage variety. On July 31, 1795, the chief coiner of the Mint delivered 744 half eagles to the Mint treasurer, and this example was probably among those pieces. Minor die cracks and die rust on both sides suggest that this is a later die state of the variety.
    The surfaces are pleasing with attractive green-gold coloration. A minor scratch from Liberty's neck crosses the left obverse field to star 5, and this is the only readily apparent imperfection, aside from the usual abrasions that exist on nearly every known example. There is no trace of wear on either side, and the fields exhibit a slightly reflective appearance. This is a lovely example, and an extremely important opportunity for the half eagle specialist or the collector of historic coinage.
    From The South Texas Collection.(Registry values: P5)

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

    Weight: 8.75 grams

    Metal: 91.67% Gold, 8.33% Copper

    View all of [The South Texas Collection ]

    View Certification Details from NGC

    Auction Info

    Auction Dates
    February, 2010
    4th-7th Thursday-Sunday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 5,240

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