1832 $5 13 Stars MS62 NGC....

Description

Rare 1832 13 Stars Half Eagle, BD-1, MS62

1832 $5 13 Stars MS62 NGC. Breen-6495, BD-1, R.5. The single reverse die for this year was paired with two different obverse dies to create, respectively, the 1832 13 Stars, BD-1, and the much rarer 1832 12 Stars, BD-2, rated as High R.7. The reverse die shows a 5 in the denomination higher at the top than the D, with an oblong, flattened period distant from the D. The top of the 5 is concave, with the period, D, and 5 equidistant. The 13 Star obverse is generally considered to have a Square Base 2 in the date, but in reality it is gently curved, while the 12 Star obverse has a Curved Base 2. Star 4 is sharply recut, with nine points showing. Both are made more popular by their listing as Guide Book varieties.
Of the 157,487 coins recorded produced in 1832, Bass-Dannreuther estimates that from 125,000 to 150,000 of them were the commoner 13 Star BD-1, while the remainder were, of course, BD-2. The authors comment, "Interestingly, neither the author nor anyone else has reported a different state of the dies, a remarkable event, considering that this variety likely has the highest estimated mintage of this type! This coin is a testament to the quality dies the Mint produced in this era."
While perusal under magnification will reveal a few light scrapes and contact marks that constitute the grade, it will also confirm the high quality of this coin. The bold strike has well articulated the high points of both sides. The greenish-gold surfaces are somewhat prooflike, a bit more contrasting on the reverse but nonetheless plainly so on both sides. In MS62 this piece is one of four coins so graded, with nine finer, while PCGS has certified three MS62 pieces, and six finer (6/08). A nice example for a type set.(Registry values: P6)

Coin Index Numbers: (NGC ID# BFYG, PCGS# 8156, GSID# 8850)

Metal: 91.67% Gold, 8.33% Copper
Weight: 8.75 grams
AGW: 0.25789oz
Mintage: 157,487

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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