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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4228

Estimate: 1 USD
Price realized: 14 000 USD
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Early Half Eagles
1798 $5 Large Eagle, Large 8, 13 Stars Reverse, BD-5, High R.5, AU55 NGC. CAC. Bass-Dannreuther Die state c/b, with the diagnostic obverse die crack that runs from Star 7 across the shoulder of Liberty, where it continues to be faintly visible in the upper loop of the 8 in the date. The reverse die shows a series of lumps near the top olive leaf, with obvious lapping of the leaves. Minor recutting is visible on all four digits of the date. There is some question when the 1798 BD-5 coins were struck, since the reverse die was shared with the 1799 BD-2 variety -- although here, seemingly in a later die stage.
All examples of the 1798 BD-5 show incompleteness at the center from shallow hubbing of the dies and a resultant incomplete strike. This coin has light adjustment marks in the same central area on the reverse. Elsewhere, the strike is reasonably sharp. Pleasing, orange-gold surfaces are minimally marked for the Choice About Uncirculated grade. Traces of mint luster remain and the CAC endorsement is confirmation of the coin's overall quality and eye appeal. The BD-5 is a very scarce variety, with just 30 to 40 pieces known in all grades.
From The Hutchinson Collection, Part II.

HID02901242017
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