Lot 1775
1818 PCGS graded Genuine Unc Details BD-1 Rarity 5. Scratch. The reverse side above the eagle shows some light scratches. Still a nice looking coin. Only 48,588 struck. A sharply struck specimen of this elusive date, not an extreme rarity and not in top condition, but seldom seen. Both obverse and reverse retain much luster, satiny, in light warm toned gold shades. The striking is fairly good, with just a few hints of lightness on Liberty’s lovelock; stars are full. The eagle shows minor detail diminishment near the juncture of the wing and the shield’s left edge, which is quite typical with this design. The eye appeal is of a high level for the modest grade, yielding a piece the admirer of early U.S. gold will appreciate.
On the reverse a die crack is seen from the bottoms of MERICA across the field to the D of the denomination. Struck from normal dies (on one variety, the inscription STATESOF could be viewed as a single word rather than two) and on another the 5D is over a mistaken 50.
This piece is a subset of the Capped Head to left style, stars surrounding, large diameter, minted from 1813-1827 -- a rather elusive design. Accordingly, perhaps a type set enthusiast will be the buyer (PCGS # 8119) .
Estimated Value $7,000-UP.
Ex: Purchased from Abner Kreisberg in the 1970's The Del Valle Collection.
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| Realized $10,869 |
