1806 $5 Pointed Top 6, 8x5 Stars MS62 PCGS....

Description

1806 Pointed 6 Five Dollar, BD-2, High R.5
MS62, Showing an Interesting Die State

1806 $5 Pointed Top 6, 8x5 Stars MS62 PCGS. Breen-6445, BD-2, High R.5. The first two stars are close to the lowest hair curl, and the 1 and 6 in the date touch the curl and bust, respectively. On the reverse the letters are large, the T's are perfect, and the first A in AMERICA touches the fourth feather. This variety, at High R.5 (30-35 known) is of middling rarity among the five 1806 Pointed 6 die marriages, not as common as the R.4 BD-1 (100-150 known) but more available than the R.7 BD-3 and BD-5 pairings (6-10 and 10-12 known, respectively). It is about on par in terms of rarity with the BD-4, of which 30-35 are also thought to exist in all grades, according to Bass and Dannreuther.
Viewed through a larger numismatic lens, however, it must be recognized that this is a member of one of the rarest U.S. coin series overall, and a conditionally elusive (as well as elusive in absolute terms) example of this variety to boot.
The obverse of this pairing was first used for the BD-1, and according to Bass-Dannreuther the earliest die state known for BD-2 is Die State c, which shows a crack (here prominent) from star 1 through star 8, another from star 9-13 (here wispy), and a third crack from the rim through the tops of LIBERTY (here absent). The surfaces are lustrous yellow-gold, with a few light abrasions in the fields that account for the grade. An interesting piece for the series specialist or die state researcher.(Registry values: P3)

Coin Index Numbers: (NGC ID# 25P7, PCGS# 8090, GSID# 8807)

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

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.

View Certification Details from PCGS