Lot 2322
1797 Large $5 Capped Bust. Taraszka-12, Breen-2C, Rarity-4. PCGS graded AU-58. Choice and original early Capped Bust, Heraldic Eagle issues are by no means easy to come by and the present offering should excite all of those who search high and low for top quality early gold coinage. Rich yellow gold surfaces display mint frost and smooth, radial luster. There is slight reflectivity to the fields, heaviest on the reverse. Some technical wear is noted on the hair where Liberty's ear would be and on the folds of her cap. Regardless of this minimal wear, the recessed areas of Liberty's portrait are quite frosty. There are some light hairlines in the fields but no serious abrasions. A short adjustment was made from stars 11-14. The reverse detail is more of an uncirculated nature and only the slightest amount of friction is found at the top portion of the eagle's left wing. Feather detail is superb and in line with those found on MS61 pieces. Pleasing rose-gold toning is found heavily in the reverse periphery. This variety is noted by the 10x6 Stars arrangement, a small die line under the right side of T, the longer neck of the eagle, a detached tongue and a raised die line above the right hand corner of the shield. PCGS population of 23 with 32 finer. As choice and pleasing as one could wish for an eagle of this series to be! (PCGS # 8559) .
Estimated Value $20,000 - 23,000.
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| Realized $34,500 |
