1795 $5 BD-6, S/D MS(PCGS#519855)

The August 2014 Chicago ANA Auction The Dr. James A. Ferrendelli Collection

拍卖行

Stack's Bowers

批号

11058

等级

AU58

价格

398,283

详细说明

Outstanding 1795 $5 with S over D Error First Year of Gold Coinage 1795 Capped Bust Right Half Eagle. Small Eagle. BD-6. Rarity-5. Die State b/c. AU-58 (PCGS). To view more detailed information on the collection click here Die Variety: BD-6. Obverse with wide date, 1 free of curl. Reverse with second S over D in STATES. Die State: b/c. Obverse with light crack at tops of IB. Reverse lapped with light cracks and long dentils that were improperly engraved as several extend well into the legend. Mintage: 8,707 for the date in this calendar year. Additional pieces from 1795-dated dies were made in the next several years and are an unknown part of later mintage figures. Estimated surviving population: 60 to 80 coins. Strike: Sharply struck on Liberty's curls and the eagle's feathers, including the breast feathers, which are nearly complete. All the devices are bold and well preserved. Surfaces: Attractive in all regards with full rims and nicely defined dentils. The strike is excellent as well. Commentary: There are several dentils that extend at great length into the lettering, some straight and some curved, an interesting feature when examined under magnification. This is the first year of issue of the half eagle denomination. The design features Liberty facing right with a soft conical cap upon her head and her curly hair behind with a single curl wrapped forward around the front of her cap. Stars surround the central device with LIBERTY above and right and the date placed below her shoulder. On the reverse a small standing eagle holds a small laurel wreath in its beak. The eagle stands on a palm branch and is surrounded by UNITED STATES OF AMERICA. There is no indication of the denomination on the coin, as gold coins in circulation were generally weighed for all transactions, as there was a wide mix of gold coins in circulation from various countries at the time. Half eagles dated 1795 with Small Eagle reverse have two distinctive obverse designs. The present coin is a "wide date" variety with the date numerals widely spaced and the first star is located under Liberty's hair curls. There are six die varieties of this design. Q. David Bowers: As the first year of issue of the half eagle denomination, this beautiful coin is an ideal candidate for a high level type set. On this variety the engraver first lettered STATED into the reverse die, realized his error, and overpunched the D with the correct S. From the Dr. James A. Ferrendelli Collection Provenance: From the Dr. James A. Ferrendelli Collection. PCGS# 8066. NGC ID: 25ND.