Goldberg Coins and Collectibles



Sale 36

Pre-Long Beach Coin and Currency Auction


$5 Drapped Bust
 
 
Lot Photo Description Realized
Lot 3794
1809/8 $5 Capped Draped Bust. NGC graded MS-62. Mostly untoned. Capped Bust to left, style of 1807-1812. Motif somewhat similar to that used on the contemporary half dollar. Strong 9 over 8 overdate. Reverse with perched eagle, inscriptions, motto and denomination. Here is a half eagle that has just about anything the experienced collector will be looking for: a crisp sharp strike, soft smooth luster with swirling effects, problem-free planchet with only a trace of adjustment along the top obverse dentils, and best of all, splendid eye appeal. Of course, the overdate feature adds interest as well.

The Breen 1-A overdate is the only die pairing known for this year. This attractive specimen shows a thin hairline from the lips out to the rim and some faint die clash around the eagle. Stars are full, cap is full, hair is full, eagle is full; in fact, a coin filled to the brim with positive qualities! Pop 31; 14 in 63; 25 in 64; 8 in 65.
Estimated Value $9,000 - 11,000.
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Realized
$12,650
Lot 3795
1809/8 $5 Capped Draped Bust. PCGS graded AU-55. Light even toning on both sides. Pop 21. A glistening golden toned example with a still luxurious display of frost on both sides. Nicely socked by the dies, perhaps not fully so at the eagle's neck feathers, but still well enough that its attraction is enhanced from the full stars and hair curls, the full cap and drapery clasp. Nice clear overdate (PCGS # 8104) .
Estimated Value $4,800 - 5,200.
The Emile A. Tartakow Collection.

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Realized
$8,050
Lot 3796
1811 $5 Capped Draped Bust. Small 5. Sharpness of AU-58. Cleaned long ago and now retoning. Small 5. Still a lovely AU58, almost no marks, handsome soft-luster surfaces, fairly sharp strike for type, Included also are clean rims, sharp edge reeding. Found recently in England, a coin with only slight circulation wear.
Estimated Value $3,500 - 4,000.
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Realized
$6,613
Lot 3797
1812 $5 Capped Draped Bust. PCGS graded Breen 1-B. AU-58. Nice frosty example. Pop 30. A choice About Uncirculated early five that shows original toning. The highly lustrous surfaces contain mingled medium orange to light yellow gold hues. Well struck as well, at least on the obverse, though on the reverse not fully so, where we find a dullish looking eagle with a scroll that has slightly rounded edges. The rims on both sides, however, are in excellent shape, with no breaks or nicks (PCGS # 8112) .
Estimated Value $6,500 - 7,500.
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Unsold
Lot 3798
1812 $5 Capped Draped Bust. PCGS graded AU-58. Light yellow gold. Pop 30. A satiny frosted example of this historic issue (associated with the opening of America's second war with Great Britain in 1812), a coin displaying ample underlying luster that bolsters the beauty of the sharp relief of Liberty and the eagle. The eagle has a few areas soft and improperly struck by the dies, also there are a few light marks in the shield and nearby wing, but all in all this is an above-average example. Certainly one whose fresh frosty luster has an alluring quality to it. For bidders who have tried but failed to find an acceptable early $5 gold piece, there is no need to admit failure and give up the struggle, examine this handsome 1812 and see if it doesn't measure up to the requirements (PCGS # 8112) .
Estimated Value $6,500 - 7,500.
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Realized
$9,488
Lot 3799
1812 $5 Capped Draped Bust. PCGS graded AU-55. Warm and extremely brilliant (not dull) luster on satiny surfaces with only a trace of wear on the tops of the curls, the cap folds, and down Liberty's face. A touch of weakness is seen at the eagle's neck only (other areas are sharp), but here it is probably that the dies were spaced just far enough apart to prevent stronger metal flow in that high point of the design. Clean surfaces throughout with grand eye-appeal. 87,087 minted. Pop 24. (PCGS # 8112) .
Estimated Value $6,500 - 7,000.
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Realized
$8,050
Lot 3800
1833 $5 Capped Head. Small date. PCGS graded MS-63 PQ, Breen I-2. Old green holder. Well struck with semi prooflike surfaces Very rare variety. Should be sent in for regrade. This coin should be relisted by PCGS as a small date. Pop 3; 4 in MS64. Although 193,630 specimens of the 1833 Half Eagle were struck, probably all but a few thousand were consigned to the furnaces and melted. During this decade, gold coins were worth more in terms of intrinsic value than face amount, so a gain could be made by buying up freshly minted coins, melting them, and selling the bullion (even selling it back to the Mint). This state of affairs accounts for the rarity of virtually all half eagles of this era, despite large mintage figures. On August 31, 1834 the weight standard was revised, the coins reduced in weight slightly, and the crisis put to rest. From that point forward Half Eagles and other denominations circulated freely.

This "Premium Quality" specimen is in remarkable condition for so great a rarity. Exceptionally choice light greenish-yellow gold with pale coppery toning. Smooth and resplendent with satiny luster, a bit reflective in areas where the die was polished. The devices are frosty and very well defined everywhere but stars 1, 2 and 13; these bottom stars lie directly opposite the high relief wing-tips and were problematic on not just the 1833-dated half eagles. The eye appeal is simply beautiful. There are almost no marks on Liberty's frosted profile, her facial contours smooth and golden. The originality of the coin is immediately obvious and serves as an identifier for future collectors to admire and enjoy (PCGS # 8157) .

Three varieties of 1833 half eagles are known from a mintage of 193,620 coins. Mintages of half eagles were larger during this period in the 1830's, due primarily to quantities of gold shipped to the Philadelphia Mint from North Carolina and Georgia. This example has a small date on the obverse and period far from 5D on the reverse.
Estimated Value $50,000 - 75,000.
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Realized
$126,500






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