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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5869

Starting price: 1 USD
Price realized: 17 000 USD
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Early Half Eagles
1813 $5 BD-1, R.2, MS63 PCGS. CAC. Bass-Dannreuther Die State b/b. Shield clash marks appear within LIBERTY. BD-1 and BD-2, the sole varieties for date, were struck using the same obverse. The former die pair is distinguished from the latter by examining the placement of the first S in STATES. Here, the S is positioned over the right edge of the E. Coins originating from this set of dies are roughly three times more available than those from BD-2. PCGS estimates 500 to 600 coins survive. In 2006, John Dannreuther pegged the number between 450 and 650 pieces. He also wrote of the Capped Head half eagle subtype introduced in 1813, "this type is many times rarer than those coins of 1812 and prior. Those coins of 1813 are the only available date of this type, those of 1814 through 1820 are scarce to ultra rare, while those of 1821 through 1829 are almost all rare or exceedingly rare." This Select example, then, would serve as an ideal representative for type purposes.
Butter-gold dominates each side, enhanced with splashes of reddish-gold near the peripheries. The stars exhibit full radial lines, and Liberty's hair curls are well-rendered. The eagle, too, shows strong detail throughout. Minor marks are peppered in the field as expected. Swirling mint luster. Rarely seen in higher grades. CAC: 12 in 63, 15 finer (10/16).
From The Hutchinson Collection.
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