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    Description

    1818 BD-3 Five Dollar, MS63
    Well-Known I Over 0, '5D/50' Variety

    1818 $5 Overpunched Denomination (I Over 0), BD-3, R.5, MS63 PCGS. Ex: Bass. Bass-Dannreuther Die State a/a. Of the three varieties known of half eagles dated 1818, the McCoy Family Collection contains two, including this choice example of the rare "5D/50," which shows the D in the denomination formed by an I punched over an errant 0. The rarity of this variety has been overstated in the past, but it is estimated that just 35 to 45 examples are known in all grades with an estimated dozen or so in Uncirculated. This variety is rare in MS63 and PCGS has graded just two finer (6/20): an MS65 that brought $135,125 in the FUN Signature (Heritage, 1/2014), lot 5423, and the spectacular Pogue III coin (now in an MS66+ holder) that set a record for this issue at $223,250 in February 2016.

    This boldly defined example shows rich mint frost on both sides. The obverse is sharply defined and choice with just a few small marks seen in the left field; the reverse is a little "busier" with some marks in the left field and around the head of the eagle. Both sides display rich natural green-gold color and the overall eye appeal is excellent for the grade and for the variety.

    Since this coin was sold in early 2006, just two others have crossed the auction block in PCGS-certified MS63. The most recent sale was in the Central States Signature (Heritage 4/2017), lot 4250, where it brought $50,525, while the coin in the FUN Signature (Heritage, 1/2012), lot 4669, realized $69,000, a CAC-certified piece.

    In many specialists' opinion, this is one of the most interesting varieties of early half eagles and it is clearly a rare coin that is typically offered only when great specialized collections are dispersed.

    This is a Condition Census 1818 5D/50 half eagle and likely the finest available for some time to come.
    Ex: Fairfield Collection (Bowers and Ruddy, 10/1977), lot 1764; Harry W. Bass Collection (Bowers and Merena, 10/1999), lot 810; The New York Connoisseur's Collection (American Numismatic Rarities, 3/2006), lot 1594, where it realized $74,750; the McCoy Family Collection.
    From The McCoy Family Collection of Capped Head Half Eagles.

    Coin Index Numbers: (Variety PCGS# 519916, Base PCGS# 8120)

    Weight: 8.75 grams

    Metal: 91.67% Gold, 8.33% Copper


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

    View all of [The McCoy Family Collection of Capped Head Half Eagles ]

    Auction Info

    Auction Dates
    August, 2020
    3rd-9th Monday-Sunday
    Bids + Registered Phone Bidders: 16
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