1802/1 $5 BD-8, R.4, MS64+ PCGS. CAC....

Description

1802/1 BD-8 Half Eagle, MS64+
Unlisted Die State

1802/1 $5 BD-8, R.4, MS64+ PCGS. CAC. Bass-Dannreuther Die State c/b+, later than Dannreuther's reverse state b, yet earlier than his state c. Three die cracks extend through various letters of UNITED. The first crack begins between dentils over the left side of the U and angles down through the right side of the U, the center of the N, and the base of the I, faintly reaching the bottom of the T. The second crack begins at the top right of the I and joins the left top of the T, continuing through the top of that letter to a dentil over the upright of the E. A branch joins the left top of that letter. A third crack begins at a dentil over the right side of the E and passes through the top of the D before returning to the border between the D and the S. Only the first crack is mentioned for Dannreuther's die states.

Two obverse dies were used for the eight varieties of 1802/1 half eagles. The first obverse has the underdigit centered beneath the 2, and that die was combined with five reverse dies. The second obverse die has the 1 beneath the left side of the 2, and that die was mated with three reverse dies. Four of the eight varieties are rated R.4 or R.5, and the other four are each R.7.

This Choice Mint State piece has brilliant and frosty yellow-gold luster, exhibiting a bold strike and excellent centering. A few inconsequential surface marks on each side prevent a higher numerical grade. This piece is far finer than the Bass Core Collection coin illustrated in the Bass-Dannreuther reference. Population for all 1802/1 varieties: 20 in 64 (2 in 64+), 2 finer. CAC: 4 in 64, 1 finer (7/18).

Coin Index Numbers: (Variety PCGS# 519889, Base PCGS# 8083, GSID# 198229)

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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