1802/1 $5 AU58 NGC....

Description

Near-Mint 1802/1 Half Eagle
Rare BD-7 Die Pair

1802/1 $5 AU58 NGC. Breen-6440, BD-7, R.5. For reasons unknown to present-day numismatists, no 1801 dated half eagles were produced at the Philadelphia Mint. Instead, two 1801 dated obverse dies were overdated with a 2 and used to coin 53,176 half eagles in 1802. There are eight different varieties known for the date with the present coin representing the scarce BD-7 variety, characterized by the imperfect T's in the reverse legend. Experts estimate an original mintage of 5,000-7,500 pieces for the BD-1 variety, with perhaps 75-100 specimens surviving in all grades. Near-Mint examples are scarce in today's market.
The present coin features e remarkably sharp strike on the eagle's breast feathers over the shield. Just a bit of softness shows on the hair curls in the central obverse. The surfaces are a pleasing bright yellow-gold. The obverse exhibits a matte-like appearance due to an assortment of tiny marks. The reverse is lightly marked and shows considerable remaining luster.(Registry values: P2)

Coin Index Numbers: (NGC ID# 25NX, PCGS# 8083, GSID# 8872)

Metal: 91.67% Gold, 8.33% Copper
Weight: 8.75 grams
AGW: 0.25789oz
Mintage: 53,176

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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