LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

3155

1813 $5 MS64 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:11,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1813 $5 MS64 PCGS
<B>1813 $5 MS64 PCGS.</B></I> Breen-6467, BD-1, R.2. This near-Gem is a splendid example that represents the first year of issue for the new design, and the only reasonably common date in the entire series through 1834. John Reich's early Capped Bust design was self-modified to the Capped Head design. The central obverse motif is a female head facing left, wearing a cap, with flowing curls behind the head. The reverse was also slightly modified, but is essentially the same as the previous type. Later years of this design had dies produced by either Robert Scot or William Kneass, each merely being a copy of the John Reich design.<BR> The entire design type from 1813 to 1834 exists to the extent of not more than about 2,000 coins for all issues combined. Given the large number of dates, and the survival of 1813 alone, this is an extremely small total population, and a minute portion of the original mintage. Nearly every example coined was immediately exported, where these coins were exchanged for their bullion content, and promptly melted. Few examples survived this process. In 1813, the mintage was 95,428 coins from two die marriages that share a common obverse. The BD-1 die combination is the single most plentiful variety of the entire design type, while the BD-2 combination is much rarer. Altogether there are probably about 500 half eagles still surviving from this first issue.<BR> This lovely example is highly lustrous with frosty light yellow-gold surfaces and excellent eye appeal. Both sides have the usual tiny scattered marks that are consistent with the grade. It is a sharply struck example with a well-centered impression. Minor clash marks are visible on both sides. Population: 52 in 64, 3 finer (12/07).<BR><BR><B>Coin Engraver:</B> John Reich<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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