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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4253

Estimate: 1 USD
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Early Half Eagles
1821 $5 BD-1, High R.6 -- Tooled - Polished -- ANACS. AU Details, Net VF20. Bass-Dannreuther Die State a/a. Two varieties -- each with few survivors -- make up the entirety of the 1821 half eagle mintage, reported as 34,600 pieces. It is likely fewer 1821-dated pieces than that were actually struck. Both the rare 1821 and extremely rare 1822 dates are among the iconic issues of the entire federal gold series. Possibly, the mintages are inflated by deliveries of 1820-dated coins in later years, although the evidence is empirical at best. What is known is that only about 15 to 20 1821 half eagles exist from both varieties combined, and only three 1822 Capped Head fives are confirmed.
The present coin was tooled and then polished to a mirrorlike finish. The motifs are sharply defined with About Uncirculated details, yet the comprehensive makeover prompts the early generation ANACS holder to suggest a net grade of VF20. The surfaces display brilliant, mellow-gold color and any abrasions or marks are polished away. Star 13 sits close to the curl, confirming the BD-1 die pair. We have offered just five 1821 half eagles in all of our past auctions, the finest an MS63+ coin that brought $352,500 in our January, 2015 FUN event. The present coin is obviously not comparable in condition, but it is still an important opportunity to acquire the elusive and much-desired 1821 issue for series and date collectors.
From The Hutchinson Collection, Part II.

HID02901242017
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