1807 $5 Bust Right MS64 ★ NGC....

Description

Brilliant 1807 Bust Right Half Eagle, MS64 ★
Condition Census for the Issue

1807 $5 Bust Right MS64 ★ NGC. This special near-Gem boasts bold design definition on both sides. The brilliant green-gold surfaces are fully prooflike, with a wonderful cameo appearance, although there is no Prooflike designation on the holder. This piece matches none of Dannreuther's die states. The obverse displays a faint crack at the top of T and a rust lump on the bust, but shows no other cracks or clash marks. The reverse has a crack below AT but no other cracks or clash marks.
This transitional year marks the end of Robert Scot's Draped Bust design that was only coined for the first few months before John Reich's Capped Bust design was introduced. There are six known die varieties for the 1807 Bust Right half eagles, and John Dannreuther estimates that the total surviving population for all six varieties is between 338 and 422 coins, a figure that seems low to us. More likely there are as many as 1,000 examples still in existence. However, nearly all of those coins are either circulated or in the lowest Mint State grades. The average NGC and PCGS certified grade is just AU57.
This is only the 10th MS64 1807 Bust Right half eagle that we have offered in our auctions since 1993, and we have never offered a Gem. NGC and PCGS have each certified a single MS65 and the present specimen is next, the only MS64 at NGC that also carries the ★ designation. Small Date, Small Obverse Stars, Small Reverse Stars, Breen-6449, BD-1, High R.4. Census: 1 in 64 ★ , 1 finer (6/09).
From The Wisconsin Gold Type Set Collection.(Registry values: P2)

Coin Index Numbers: (NGC ID# CKLF, PCGS# 8092, GSID# 8808)

Metal: 91.67% Gold, 8.33% Copper
Weight: 8.75 grams
AGW: 0.25789oz
Mintage: 32,488

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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