1810 $5 Large Date, Large 5 MS64 NGC....

Description

Splendid, Interesting Near-Gem 1810 Five
Large Date, Large 5, BD-4

1810 $5 Large Date, Large 5 MS64 NGC. Breen-6459, BD-4, R.2. BD Obverse State c/Reverse State b. This is among the most available issues in a U.S. numismatic series legendary for its difficulty to complete. Nonetheless, this is a coin that appears well-positioned for continued performance. Numismatists are so inured to seeing R.6, R.7, and R.8 rarity ratings that it is easy to forget that an R.2 rating, in this case, translates to only 500-750 coins known of the issue in all grades, according to Bass-Dannreuther. The average grade for all certified survivors is about AU55, and precious few examples that we have ever handled grade higher than MS64--seven appearances in 16 years, to be precise, less some duplications. Many collectors opt for a splendid near-Gem such as the present example.
This piece has frosty luster emanating from the greenish-gold surfaces, and only a couple of small abrasions--one near the bust and one in the right obverse field--seem to preclude an even finer grade. Interesting clash marks appear on both sides, including an off-center strike from the reverse denticles, running along the obverse from 12 to 3 o'clock. A small die crack runs from between the 81 digits up to the clasp, characteristic of this die state. Some adjustment marks appear in the central reverse and along the left reverse rim. In today's hot market for early gold type, this splendid, lustrous, and interesting near-Gem coin should do quite well indeed. Watch the bidder cards fly.(Registry values: P2)

Coin Index Numbers: (PCGS# 8108, GSID# 8814)

Metal: 91.67% Gold, 8.33% Copper
Weight: 8.75 grams
AGW: 0.25789oz
Melt Value: $246.28
Gold Spot: $955/oz (07-31-2009)
Mintage: 100,200

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 NGC