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Dallas Signature Sale 1373  28-31 Mar 2024
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Lot 3090

Starting price: 1 USD
Price realized: 35 000 USD
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Early Half Eagles
1795 $5 Small Eagle, BD-4, R.5, AU53 PCGS. Bass-Dannreuther Die State d/a with a short obverse crack from the border to star 12. According to Mint records, there were 8,707 half eagles struck in 1795, 6,196 in 1796, and 3,609 in 1797. Surviving coins prove the existence of 12 die varieties for 1795, one variety for 1796, and seven varieties for 1797, the latter including Small Eagle and Heraldic Eagle types. The average production from those 20 die pairs is less than 1,000 coins each. A correlation of die varieties and mintage figures presents today's researchers with a nearly impossible task. John Dannreuther provides his opinions in Early U.S. Gold Coin Varieties, A Study of Die States, 1795-1834. He considers the present piece to be the fourth variety struck in 1795, as his variety number indicates. This variety is relatively plentiful in the context of early gold varieties with a surviving population that approaches 75 coins. Slight wear appears on the antique-gold surfaces of this pleasing example that has trivial marks of no consequence. A dark toning spot over the 5 in the date will aid future researchers with identification.

https://coins.ha.com/itm/early-half-eagles/1795-5-small-eagle-bd-4-r5-au53-pcgs/a/1373-3090.s?type=DA-DMC-CoinArchives-USCoins-1373-03282024

HID02906262019

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