1802/1 $5 BD-1, High R.4, MS61 NGC....

Description

1802/1 Early Half, BD-1, MS61
Historical Overdate

1802/1 $5 BD-1, High R.4, MS61 NGC. Bass-Dannreuther Die State a/b. The 1802/1 five represents a fascinating juncture in the half eagle's history in which the U.S. would forgo an 1801 issue despite preparing the necessary obverse dies needed. In 1802, they would then redate the unused dies for that year's mintage. The alteration of the unused dies left a blatant overdate that can be differentiated between the two prepped obverse dies. BD-1 is scarce, but remains one of the two more collectible Centered Overdate varieties, with John Dannreuther estimating a survivorship of only 75 to 100 pieces.

This well struck example displays remarkably reflective fields with topaz-gold luster. The surfaces exhibit a plethora of light abrasions in the fields, which do not detract from the coin's eye appeal and largely blend in with the die cracks that identify its late die state. The coin, while common in this grade, represents a historically significant design variety for type collectors.
From The Charles Collection.

Coin Index Numbers: (Variety PCGS# 519890, Base PCGS# 8083, Greysheet# 198195)

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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