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    Description

    1832 Capped Bust Half Eagle, MS65
    Old-Tenor Gold Rarity, 13 Stars, BD-1
    Single Finest Certified Example

    1832 $5 13 Stars MS65 NGC. BD-1, R.5. Bass-Dannreuther Die State a/a. The 1833 Mint Report, submitted by Mint Director Samuel Moore on January 19, 1833, records some fascinating statistics for the gold coinage of the previous year. Moore reported that the Mint produced 157,487 half eagles in 1832, for a total face value of $787,435:

    "Of the amount of gold coined within the past year, about $80,000 were derived from Mexico, South America, and the West Indies; $28,900 from Africa; $678,000 from the gold region of the United States; and about $12,000 from sources not ascertained.

    "Of the amount of gold of the United States, above mentioned, about $34,000 may be stated to have been received from Virginia; $458,000 from North Carolina; $45,000 from South Carolina; $140,000 from Georgia; and about $1,000 from Tennessee.

    "It is rendered highly probable, by estimates entitled to great respect, that the quantity of gold of the United States delivered at the Mint within the last year does not much exceed the one-half of the production from the mines -- nearly an equal amount being supposed to have been exported uncoined, or employed in the arts. If this conjecture be nearly correct, the production of the gold from the United States during the year has not been less than a million and a quarter of dollars. This may be regarded as equal to one-sixth part of all the gold produced within the same period, from the mines of Europe and America, estimated according to the results of recent years, as given by the best authorities."



    Although there remains the question of the fate of so many gold coins, given the small number that survive today, the interesting statistics regarding the source of the gold are fascinating, especially in the years prior to the great California gold discovery. It is known that these coins are quite rare today. Since February 1993, we have offered an example of the 1832 13 Stars variety half eagle on just 18 occasions, and 11 of those offerings were in Mint State, showing that the few survivors were certainly the result of hoarding at the time they were minted. And yet, this coin is the only Gem-quality Mint State example we have ever handled, having offered it once before in our February 2005 Long Beach Signature, where it realized $138,000.

    The surviving population of 1832 13 Stars half eagles numbers no more than 35-40 pieces in all grades, with this coin the single finest certified at either leading grading. This immaculate specimen displays brilliant green and yellow-gold color and pristine surfaces. The fields are reflective with satiny luster. Although not fully struck, nearly all design elements are boldly rendered. Only slight weakness is visible among the wing feathers to the left of the shield. The dies are nearly perfect, save for a tiny die crack from the border to star 9. No planchet adjustment marks are evident. This is a splendid coin and a remarkable opportunity for the advanced collector or Registry Set enthusiast.. Census: 1 in 65, 0 finer (11/13).
    Ex: Long Beach Signature (Heritage, 2/2005), lot 7790.
    From the collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: P6)

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

    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 collection of Donald E. Bently, sold for the benefit of the Bently Foundation ]

    View Certification Details from NGC

    Auction Info

    Auction Dates
    January, 2014
    8th-12th Wednesday-Sunday
    Bids + Registered Phone Bidders: 14
    Lot Tracking Activity: N/A
    Page Views: 1,445

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