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    Rare 1808 Silver Five Dollar Muling
    , MS66

    1808 Five Dollar, Judd-40, Pollock-6175, High R.7, MS66 NGC.
    The obverse is from the 1808 BD-2 die with the diagnostic low date and 1 centered over two denticles (difficult to see on this piece because of the die rust). The reverse is from the 1804 BD-7 reverse die that has a leaf pointing toward the left serif of the I in AMERICA but still separate, the lowest arrow even with the right upright of the N in UNITED, and the bottom of star 12 pointing to the right side of the B in PLURIBUS. Struck in silver with a (presumably) plain edge. Allegedly a reeded edge piece was recorded in Woodward's Levick Sale of October 1864, but this was apparently a cataloging error, as such a coin is untraced today.

    When this piece last appeared in 1979, it was succinctly described as: "Mule of rusted obverse and reverse dies of the 1804 half eagle. Less than 6 known pieces." While this is true, there is much more to the story of these pieces. This is not technically a pattern, but rather a fantasy piece that has long been considered a part of the pattern series, as have many similar pieces. Struck privately; it is believed that Joseph J. Mickley was responsible for the production of the few pieces that are known. Mickley purchased scrap dies from the Mint in the early 1860s and struck other fantasy pieces from heavily rusted and oftentimes illogical obverse / reverse die pairings. In this case, at least the obverse and reverse are within the same series. Since they were struck in silver, there was clearly no intent to deceive.

    Physical Description.
    The surfaces show evidence of heavy die rust on each side, as one would expect. Close examination shows there are no detracting abrasions or handling marks, as one would infer from the MS66 grade. Light rose-colored toning is seen over each side. The reverse fields display a surprising degree of striation of the die, the result of which is a bright semireflectivity on that side. An extremely rare private restrike that is seldom offered at public auction.

    We could find no roster of known specimens more recent than Pollock (1994). In that reference five examples are listed, with one of unknown provenance. This coin matches the plate in the Auction '79 catalog, thus it is the No. 2 coin on the roster. Pollock made these notes about the Lemus coin: "The specimen in the Lemus Collection weighs 108.7 grains, has a diameter of 0.997 inches and a die alignment of about 170 degrees."
    Ex: Auction '79 (Superior's session, 8/1979), lot 1620.
    From The Lemus Collection, Queller Family Collection Part Two.

    Coin Index Numbers: (NGC ID# 7HV6, PCGS# 661000)

    View all of [The Lemus Collection, Queller Family Collection Part Two ]

    View Certification Details from NGC

    Auction Info

    Auction Dates
    January, 2009
    7th-11th Wednesday-Sunday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 1,931

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

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