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    Description

    1813 BD-1 Half Eagle, MS64+
    CAC Endorsement, Remarkable Quality
    Few Type Coins Are Known This Fine

    1813 $5 BD-1, R.2, MS64+ PCGS. CAC. Bass-Dannreuther Die State b/b, clashed dies. BD-1 is the more plentiful of two die varieties for the 1813 half eagle, a popular choice for type collectors. This issue is one of the few readily collectible dates for the type. In 1813, John Reich modified his obverse design to show a more cropped portrait of Liberty than had been in use since 1807. The half eagle diameter was reduced by 1.2 mm in 1829, at the hand of William Kneass, 12 years after Reich left the Mint, but Reich's design was not replaced until 1834. The Classic Head design introduced in 1834 signaled a weight reduction for the half eagle of 0.39 gm. For much of the reign of Reich's Capped Bust Left design from 1813 to 1834, the bullion weight of half eagles exceeded the coins' face value, resulting in rampant hoarding and melting of the coins. Throughout the 1820s, half eagles were rare or nonexistent in circulation. The destruction of U.S. gold coinage during this period for gold profit is responsible for the rarity of most Capped Bust Left half eagles today. Thus the importance of the 1813 issue to type collectors -- other dates just are not available, or they are prohibitively expensive.

    This Plus-graded near-Gem 1813 presents an incredible opportunity to acquire a high-end example of one of the most elusive types of all early U.S. coinage. Uncirculated 1813 fives are uniquely collectible compared to other dates, but there is a limit to their availability. Choice examples are typically the finest seen -- and arguably the finest collectible. PCGS lists only two 1813 half eagles finer than the present coin, one of each variety. The finer BD-1 coin is the Pogue MS66 specimen. This MS64+ piece, however, stands apart on its own pedestal, carrying CAC endorsement at a slightly finer level of preservation than the typical MS64. Heritage has not previously handled an MS64 coin with a Plus grade. The most recent comparable from our archives is the MS64 PCGS CAC coin in the Philadelphia Signature (Heritage, 8/2012), lot 5355, which realized $47,000. Fast forward seven years, and this Plus-graded coin crosses the auction block in Long Beach. It has frosty greenish-gold luster and an even, sharp strike. Only the most insignificant luster grazes on each side prevent Gem classification. The 1813 half eagle's popularity as a type coin will be on full display when this remarkably high-end example is offered. Population (both varieties included): 58 in 64 (6 in 64+), 2 finer. CAC: 15 in 64, 4 finer (4/19). (NGC ID# 25PM, Variety PCGS# 519907, Base PCGS# 8116)

    Weight: 8.75 grams

    Metal: 91.67% Gold, 8.33% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    June, 2019
    6th-9th Thursday-Sunday
    Bids + Registered Phone Bidders: 17
    Lot Tracking Activity: N/A
    Page Views: 1,400

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