LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Signature Coin #422  / 

3522

1811 $5 Small 5 MS64 PCGS. Breen-6464, BD-2, R.3. The

Currency:USD Category:Coins & Paper Money / US Coins Start Price:37,500.00 USD Estimated At:1.00 - 2.00 USD
1811 $5 Small 5 MS64 PCGS. Breen-6464, BD-2, R.3. The
<B>1811 $5 Small 5 MS64 PCGS.</B></I> Breen-6464, BD-2, R.3. The 1811 has a mintage of 98,851 pieces. This number was apparently almost equally divided between two <I>Guide Book</B></I> varieties (if surviving population figures are an accurate gauge): the Small 5 and the Large 5. These refer to the size of the punch used to enter the denomination. The Small 5 can also be identified by the C in AMERICA, which is clearly repunched at the base. Regardless of variety, the 1811 is very scarce today, although collectible in Mint State for those with sufficient resources, and the patience to wait for a piece of suitable quality to arrive at auction. All gold coins from this era are elusive. The United States used a ratio of gold to silver that undervalued gold, relative to European trade. As a result, Capped Bust gold coins did not circulate, and were instead exported to Europe, where they were melted and recoined. Although most unimpaired survivors are in XF or better grades, pieces with full mint luster throughout the fields are rarely encountered. The present near-Gem has full luster, and the fields show only occasional faint grazes from long-ago contact with other coins. The striking details are impressive, although slightly imperfect centering has left a few of the upper left obverse denticles off of the planchet. The overall eye appeal of the piece is exceptional, and this example would serve as a highlight of any advanced early gold collection. Population: 16 in 64, 0 finer (11/06).<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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