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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4227

Estimate: 1 USD
Price realized: 12 000 USD
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Early Half Eagles
1798 $5 Large Eagle, Large 8, 13 Stars Reverse, BD-4, High R.4, AU50 PCGS. Bass-Dannreuther Die State d/e. A nominal mintage of 24,867 Capped Bust Right half eagles was achieved in 1798, with eight die varieties known for the date. One very rare variety employs the old Small Eagle reverse and the other seven are of the new Large Eagle type. This coin represents the very scarce BD-4 variety, With a Large 8 in the date and the first A in AMERICA placed below and near feather 4. The BD-4 variety has a small surviving population of 80-100 pieces in all grades, but it is still seen more often than the other varieties of this date. It probably accounted for 5,000-7,000 pieces of the reported mintage. The obverse die was also used to strike the 1798 BD-3 half eagles, but this was the only use of the reverse die.
The coin offered here shows just a touch of wear on the well-detailed design elements. There is a die crack through RTY on the obverse and two rim cuds on the reverse, between E and S of STATES and by O in OF. Some smaller die lumps are evident in the letters of STATES. A few unobtrusive planchet adjustment marks can be seen below the banner. The pleasing orange-gold surfaces are lightly abraded and retain significant amounts of original mint luster. The overall presentation is most attractive.
From The Hutchinson Collection, Part II.

HID02901242017
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