Goldberg Coins and Collectibles

Sale 37

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Lot 1896

1795 $5 Capped Bust. Small eagle. PCGS graded AU-58 M-4, Rarity-4. Lovely rich golden toning with reflective surfaces. The first United States coins struck in gold were half eagles, with the first examples delivered from the coiner on July 31, 1795. There are 12 known die varieties of the 1795 Small Eagle coinage comprising 8,707 pieces. This was certainly not the entire mintage of 1795 Small Eagle half eagles, however. Five deliveries of half eagles were also recorded for 1796, totaling 6,196. Given the rarity of half eagles bearing the 1796 date (all are 1796/5), the fact that only one die variety has ever been identified, and that 1795 half eagles appear so much more regularly, it is believed that most of the 1796 mintage consisted of coins dated 1795. Warm original on the devices and throughout the choice fields. Struck with almost concentrated scientific exactness throughout the hair and cap, the eagle and palm branch. A simple design but an elegant tradition in early U.S. numismatics. Pop 35. (PCGS # 8066) .
Estimated Value $40,000 - 50,000.
Ex: Mike Brelsford Collection.

Realized $54,050

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