1795 $5 BD-3, Small Eagle MS(PCGS#519852)

The Regency Auction 49

拍卖行

Legend Rare Coin Auctions

批号

319

等级

AU55

价格

355,391

详细说明

FROM THE BIG CYPRESS COLLECTION Struck in the first year of gold coinage production, the 1795 half eagle is an American numismatic "blue chip" coin, an issue that is always in demand from collectors no matter what the state of preservation is. A pleasing CHOICE AU example. Generally sharp definition throughout the design features, there is minor weakness noted near the peripheries; the main design elements are crisply struck and retain bold crispness. The wear is limited to the lightest friction on the high points of the reliefs. Both sides offer lots of retained semi-reflective luster in the fields. A couple of old scratches, particularly at star 1 serve to identify this PQ AU55 example for posterity. While the reported mintage for the date is 8,707, the Bass-Dannreuther reference suggests that up to 12,106 1795 dated half eagles were struck and that the 8,707 was the number delivered in 1795. Die steel was expensive and dies were used and reused until they could no longer be employed. Regardless, in all grades there are perhaps 500-600 examples known, across 12 different die marriages. These range from Rarity-3+ to Rarity-7+. The BD-3 offered here is a Rarity-3+, making it one of the more available varieties. It is really important to note that "available" is a relative term when it comes to early gold. Ex Anthony J. Taraszka Collection, Stack's Bowers, August 2020, lot 1256. PCGS 67, NGC 42. This is the most recent example to sell in auction, realizing $50,400 in August 2020. The current Collectors Universe value is listed at $62,500 and it jumps to $77,500 in AU58. This is a date/grade that will always delight the collector looking for an example of the first $5 gold issue. The bidding action will be fierce! Cert. Number 36277975 PCGS # 8066