1827 $5 BD-1, High R.5, MS62 PCGS. CAC....

Description

1827 BD-1 Half Eagle, MS62
The Amon Carter Specimen

1827 $5 BD-1, High R.5, MS62 PCGS. CAC. This example is a later die state than the single Dannreuther die state, with a delicate die crack from the low hair curl over star 13 into the field toward star 12. The reverse die may or may not be lapped, with no die cracks or clash marks.

Mint records suggest that significant quantities of half eagles were coined throughout the 1820s, yet these coins are extremely rare. For example, just three 1822 half eagles are known from a reported mintage of more than 17,000 coins. In 1827, the Mint recorded a production of 24,913 half eagles, yet only a little over 30 examples are known today, a survival rate of just over one-tenth of one percent. During that period, the gold content of quarter eagles and half eagles exceeded face value, and nearly all of the coins were hoarded and melted.

The majority of survivors are in Mint State grades. Typical of the issue, this example has slightly reflective fields and sharply defined devices, save for slight weakness in the center of the reverse. Both sides are fully lustrous with brilliant yellow surfaces. Trivial marks are noted, including a shallow curved depression on Liberty's cheek that seems to follow the same arc as the planchet and may be as-struck. Population: 8 in 62, 6 finer. CAC: 3 in 62, 4 finer (6/18).
Ex: William Cutler Atwater (B. Max Mehl, 6/1946), lot 1644; Amon G. Carter Collection (Stack's, 1/1984), lot 662; RARCOA in September of 1984; Von Stetten-Buchenbach-Smith Collections (Bowers and Merena, 11/1986), lot 2215; Buddy Ebsen Collection (Superior, 5/1987), lot 2474; Charles Kramer Collection (Stack's-Superior, 11/1988), lot 328.
From The Lockhart Collection.

Coin Index Numbers: (Variety PCGS# 519939, Base PCGS# 8136, Greysheet# 351793)

Weight: 8.75 grams

Metal: 91.67% Gold, 8.33% Copper

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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