SOLD
8,000.00USDto floor+ buyer's premium
This item SOLD at 2020 Nov 25 @ 23:06UTC-05:00 : EST/CDT
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***Auction Highlight*** 1806 Round 6 7x6 Stars BD-6 Draped Bust Gold Half Eagle $5 Graded BU+ By USCG. Frosty medium gold surfaces exhibit tinges of pale rose iridescence to some of the high points. Uncommonly smooth in hand for the assigned grade, this attractive BU example also offers bold to sharp striking detail to virtually all design elements. The junction of the eagle's right wing and shoulder is a bit blunt due to a concentration of light adjustment marks (as made) in that area.
The early years of half eagle production proved to be fraught with difficulties in maintaining die life, as the sheer number of die varieties of some of the earlier issues will attest. Since die steel was often at a premium, the Mint devoted considerable time and effort to find ways of extending the usable life of its dies. By 1806, they found what appeared to be a solution: set the obverse die in the anvil position on the base of the coining press and use the reverse in the role of hammer die. This simple change had the effect of not only prolonging the service life of the dies but also it allowed the obverse die to impart a crisper impression. This innovation proved to be instrumental in increasing production of the denomination in the coming years when demand for the denomination continued to increase in both domestic and international trade. This was made readily apparent with the 64,093 half eagles struck in 1806 when five obverse and six reverse dies were required in six different combinations. Only the final BD-6 die pair - easily recognizable by the rounded top to the 6 in the date - used the new die positioning, allowing it to have the greatest resilience of the six marriages, accounting for nearly 50,000 pieces of the overall mintage. While many thousands of early gold coins ended up in the bullion dealers' crucibles in the 1820s and 1830s, somewhere between 600 and 900 examples of the BD-6 1806 half eagles are believed extant. A delightfully charming example. A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation
Auction Location:
148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
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| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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