Lot 3280
1809/8 $5 Capped Draped Bust. Sharpness of MS-60 or better. BD-1. The only known variety of 1809. Current estimated mintage, a low 20,000 to 33,875 pieces (the latter being the published mintage figure at the time). Lightly cleaned years ago. We note a slight tar stain in the left obverse field that was present when made. Lots of pleasing frosty mint luster adds to this coin's appeal. Half eagles bearing this design were introduced in 1807 in order to improve the look of America's gold coin. As an added intention, the mint standardized the capped bust coins to include (eventually) all silver and gold denominations that were being struck in those days. A bold, handsome specimen for the collector.
Estimated Value $2,500 - 3,000.
Ex Superior's Feb. 1973 Auction, lot 347.
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| Realized $27,600 |
