1802/1 $5 MS61 NGC. CAC....

Description

1802/1 Half Eagle, BD-8, MS61
Popular Early Gold Type Coin

1802/1 $5 MS61 NGC. CAC. Breen 6440, BD-8, R.4. A large mintage of 53,176 Capped Bust Right half eagles was achieved at the Philadelphia Mint in 1802, using overdated dies from 1801. The issue is reasonably available today, and often trades as a type coin. Eight die varieties are known for the 1802/1 half eagles, from two distinctly different obverse dies, both overdated with a 2 punched over a previous 1. The present coin is a representative of the BD-8 variety, characterized by the position of the 2 in the date touching the bust, and the S in STATES above the right side of a cloud. John Dannreuther estimates the original mintage of BD-8 as 10,000-15,000 pieces, with a surviving population of perhaps 150-200 examples.
The present coin is sharply struck, with especially pronounced definition on Liberty's hair curls and the eagle's breast feathers. The lustrous surfaces are a delightful orange-gold color. The reverse is especially clean for the grade, and if graded by that side alone would surely grade higher. On the obverse there are a couple of shallow marks and a small planchet void on Liberty's cheek that limit the grade. Census: 50 in 61, 50 finer (11/09).(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: 0.28oz
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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