1807 $5 Bust Left MS64 PCGS....

Description

Impressive 1807 Capped Bust Left Half Eagle, MS64
Frosty Near-Gem Early Type

1807 $5 Bust Left MS64 PCGS. Bold definition and frosty deep yellow luster are the chief attributes of this impressive near-Gem. The obverse has a faint crack from the border upward past the left point of star 13 to the hair. Clash marks form "ear bars" on the obverse and fill the vertical shield spaces on the reverse. For the collector seeking a splendid example, the present piece is ideal. While a few higher grade examples of this issue are certified, price levels jump dramatically in MS65 or finer. Gem examples are likely to be triple the price of this near-Gem.
Assistant engraver John Reich was hired as a member of the Mint's engraving staff on April 1, 1807. He immediately set about creating an entire set of new designs for every denomination, from the half cent through half eagle. The project actually consisted of just three new sets of designs, for all copper, silver, and gold coinage. His new design for gold coins was introduced in 1807 on half eagles, continuing through 1812, and was used only in 1808 on quarter eagles.
Due to similar designs in the early years the nomenclature is confusing, as John Dannreuther points out, but the Capped Bust Left name for this type is definitive. For the six years of the type, 1807 and 1810 are the most common, and the 1809/8 overdate is the scarcest. Type collectors will seek one of the two aforementioned dates. Breen-6453, BD-8, R.2. Population: 28 in 64, 7 finer (6/09).
From The Wisconsin Gold Type Set Collection.(Registry values: P2)

Coin Index Numbers: (NGC ID# CKLH, PCGS# 8101, GSID# 8809)

Metal: 91.67% Gold, 8.33% Copper
Weight: 8.75 grams
AGW: 0.25789oz
Mintage: 51,605

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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