Lot 1068
1823 $5 Capped Head. PCGS graded MS-61. Only 14, 485. Pop 5; 16 finer. Mostly untoned. This is one of the frostier Capped Head half eagles of this date and is also one of the few Mint State 1823 half eagles available. One would be hard put to see why this date is considered to be a "common date," since is only common in relation to most other years around it. Realistically, this is probably still close to a Rarity-5 issue with not more than 100 pieces known. Only a single die marriage is reported for the year, from an 1823-dated obverse die and a reverse that was first used in 1820. On the reverse, each of the three Ts has a triangular notch out of the upright, just above the right base. It is this identifier that suggests this die was used from 1820 through 1826 (PCGS # 8131) .
Estimated Value $13,000 - 14,000.
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