Lot 2362
1805 $5 Capped Bust. . BD-1, Breen-6445. NGC graded MS-64 CAC Verified. Light golden toning. Sharply struck. Velvety to satin-like fields almost stagger under the weight of its highly lustrous golden color. Better still, there are no immediate signs of handling or abrasions, nor do adjustment lines occur (that bane of early gold coins made at the First Philadelphia Mint). As far as the strike goes, putting the results in a few words we can say it was struck with systematic exactness throughout. Together these produce a coin with impressive qualities whose aesthetic appeal would be hard to beat.
BD-1 has a leaf that touches I of AMERICA, with IT of UNITED close. From an early die state, there is no clashing, no lapping, no cracks on either side. This is the most affordable variety (though by no means plentiful in Mint condition). Possibly 200 are known of the year, and the only 1805 obverse die with the 1 punch having the left foot intact (also used for BD-2). The 1 punch likely broke producing this obverse die or one of the three other ones used in 1805. It is possible that some of the mintage reported for the year 1805 (33,183 pieces) includes coins dated 1804 or possibly earlier. Pop 28; 3 finer; 1 in 64 Star; 2 in 65. (PCGS # 8088) .
Estimated Value $42,000 - 47,000.
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| Realized $55,200 |
