LOT Old Heritage Auctions  /  2008 February Long Beach Signature Coin #460  / 

2457

1806 $5 Round Top 6, 7x6 Stars MS64 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:42,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1806 $5 Round Top 6, 7x6 Stars MS64 NGC
<B>1806 $5 Round Top 6, 7x6 Stars MS64 NGC. CAC.</B></I> Breen-6448, BD-6, R.2. The variety is attributed by the knobbed 6 that touches the lower bust, 7 stars left and 6 right on the obverse, and the noticeably small A's in AMERICA.<BR> The BD-6 variety has an estimated mintage of 35,000 to 50,000 pieces (64,093 plus total for the date), of which 600 to 900 coins are thought to be extant (John Dannreuther and Harry Bass, <I>Early U.S. Gold Coin Varieties: A Study of Die States, 1795-1834</B></I>). Walter Breen, in his <I>Complete Encyclopedia of U.S. and Colonial Coins</B></I>, says of this variety: "More survive from this single die-pair than of all other 1805-6 half eagle varieties together; it is the commonest single variety of the Heraldic design in all grades including mint state. There may have been a hoard of Uncs."<BR> The near-Gem example presented here is awash in potent luster that jumps out at the observer. Bright yellow-gold surfaces assume a light green cast, and a solid strike emboldens the design elements, save for minor softness in the first two or three stars. Liberty's hair strands are strongly delineated, as is the drapery and eagle's plumage, including the breast, neck, and tail feathers. Several die lines extend from the rim through the second T in STATES to the cloud under E. A few die striations are seen on the obverse, and should not be confused with the occasional unobtrusive hairline. Light adjustment marks are visible at the upper left reverse border, but these are fewer and of lesser intensity than usually seen on this variety. Close examination with a loupe reveals a few minor handling marks that barely keep this gorgeous coin from attaining full Gem classification. The astute gold specialist, or the type collector seeking a Mint State Draped Bust Heraldic Eagle five dollar, will want to give this piece serious attention.<BR><I>From The Southwest Collection.</B></I><BR><BR><B>Coin Engraver:</B> Robert Scot<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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