LOT #3592 |
Sold on Sep 19, 2008 for:
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1807 $5 Bust Right MS64 NGC....
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Sold on Sep 19, 2008 for:
Not Sold Description
Stunning Near-Gem 1807 Bust Right Half Eagle, BD-1
1807 $5 Bust Right MS64 NGC. BD-1, High R.4. Bass-Dannreuther die state b/b. It is believed that the reverse die used in this marriage was a leftover die from the 1806 production run, based on the combination of the large letters and small stars. Of the six varieties of 1807-dated half eagles, all except BD-1 feature large stars in the reverse design.The fact that we offer two examples of BD-1 in this sale may lead some to believe that it is a common variety. In reality, fewer than 100 examples of this die marriage are believed extant in all grades. Both the NGC Census Report and the PCGS Population Report combine the population data for all six 1807 Bust Right five dollar varieties into one total, so auction records become a more reliable source for determining the true rarity of this issue. Bass and Dannreuther documented 53 auction appearances of this variety between 1990 and 2005. In other words, this is a scarce variety.
Due to the ambiguity of the population data, we cannot be certain of the finest graded BD-1 half eagle, but the current offering must be near the top of the Condition Census for the variety. NGC has certified eight pieces as MS64 with one finer--an MS65 specimen. The numbers at PCGS are similar, with only four MS64 examples and a lone MS65 coin (8/08). The current offering is fully brilliant, with frosty luster and lovely yellow-gold coloration. All of the design elements on each side are sharply struck, with the exception of star 13 on the reverse. Insignificant adjustment marks on the obverse rim and a nearly invisible hairline scratch in the right field from the chin to star 8 are noted for the sake of accuracy. The reverse is void of mentionable flaws and would achieve Gem status if graded separately.(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.
Auction Info
2008 September Long Beach, CA US Coin Signature Auction #1116 (go to Auction Home page)
Auction Dates
September, 2008
17th-21st
Wednesday-Sunday
Bids + Registered Phone Bidders: 3
Lot Tracking Activity: N/A
Page Views: 2,129
Buyer's Premium per Lot:
15% of the successful bid per lot.
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