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    Description

    1826/'5' Quarter Eagle, AU55
    Probably 1826/6, BD-1
    Elusive, Low-Mintage Issue

    1826/5 $2 1/2 AU55 PCGS. BD-1, High R.5. Bass-Dannreuther Die State b/b. The 1826 Capped Head Left quarter eagle has a reported mintage of just 760 pieces, but some 1826-dated coins may have been struck in 1827. One die variety is known for the date. The 1826 has traditionally been called an overdate, but present-day researchers doubt the overdate status on two counts. First, the undertype digit looks more like a 6 than a 5. Second, the 1826 obverse features large stars around the borders, while the two obverse dies used to strike 1825 quarter eagles both have small stars. If an unused 1825 die was overdated, it should theoretically have small stars, as well. Altogether, it seems more likely that the 6 in the date was recut, rather than struck over a 5. John Dannreuther calls the issue an 1826/6 in Early U.S. Gold Coin Varieties and the 2014 Guide Book lists it as 1826, 6 over 6. The surviving population numbers only 30-35 examples in all grades.

    The 1826 half eagle is very rare in Mint State grades, with only three coins certified in Mint State at PCGS and none at NGC (10/14). The present coin is a delightful Choice AU specimen with bright yellow-gold surfaces that show prooflike reflectivity in many areas. Dramatic clash marks are evident on both sides, especially the reverse. No planchet adjustment marks are present and only minor abrasions can be detected, none worthy of individual mention. The strike is typical for this issue, with sharp definition on the central design elements but some flatness on some star centers. Overall eye appeal is outstanding. Population: 4 in 55, 6 finer (10/14).
    Ex:Kennywood Collection (American Numismatic Rarities, 1/2005), lot 851.(Registry values: P7) (NGC ID# BFW5, PCGS# 7665)

    Weight: 4.37 grams

    Metal: 91.67% Gold, 8.33% Copper


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

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    Auction Dates
    November, 2014
    6th-10th Thursday-Monday
    Bids + Registered Phone Bidders: 19
    Lot Tracking Activity: N/A
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