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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4235

Estimate: 1 USD
Price realized: 9500 USD
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Early Half Eagles
1806 $5 Pointed 6, 8x5 Stars, BD-1, R.4, MS61 NGC. Bass-Dannreuther Die State a/b. Numismatists have identified six die varieties of 1806 half eagles, five of them show a Pointed 6 in the date and the sixth has a Round Top 6. The 2017 Guide Book lists the mintage for all the Pointed 6 varieties as 9,676 pieces, while the single Round Top 6 variety has a large production total of 54,417 examples. This coin represents the BD-1 Pointed 6 variety, with stars 1 and 2 close to the curl, and imperfect T's on the reverse. The BD-1 has a surviving population of 100-150 specimens in all grades and probably accounted for 6,000-8,000 pieces of the reported mintage. The reverse die was also used to strike four 1805-dated half eagle varieties. This coin is from a rare early state of the dies, before a large cud swallowed the dentils above ES in STATES. Die evidence suggests this die state of the BD-2 variety was struck before the late states of the 1805 BD-2, and all states of the BD-3, BD-4, and BD-5 varieties of 1805. In other words, many 1805-dated half eagles must have been struck in 1806.
The coin offered here is a well-detailed Mint State example, with a touch of softness on the centers, caused by some planchet adjustment marks on the reverse that were not struck out. The peripheral devices are much sharper. The lustrous antique-gold surfaces are lightly marked for the grade and eye appeal is quite strong.
From The Hutchinson Collection, Part II.

HID02901242017
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