Watch List notes:

USA, 5 dollars, 1808, capped bust of Liberty l., rev. eagle with shield on breast (BD.4, Wide 5D: R3+), in plastic holder, graded by NGC as Mint State 63+, sharply struck on all stars and on the eagle, some normal lack of detail on part of the rim device, with appealing old-time toning The second year of issue of this short-lived issue (1807-12), designed by John Reich with a mintage of 55,578 pieces, although the vast majority of the U.S. early gold was melted from 1834 on, when the fineness and net gold weight were both reduced, causing withdrawal of all gold coined from 1795 to 1834. This handsome specimen was recently discovered in a collection in England, where it had possibly reposed since the era in which it was struck. This is, therefore, the first time it has been offered on the market.

Estimate: £12,500-15,000