Lot 4408
1795 $5 Capped Bust. Small eagle. . S over D in STATES. BD-6, Breen-6414. Rarity-5. PCGS graded MS-61. Encased in PCGS holder 50140270. Untoned with semi reflective surfaces. Approximately 60 to 80 examples are known in all grades of the intriguing S over D BD-6 variety half eagle of 1795. Easy identifiers are the flag of the 5 in the date is halfway over the drapery, while the tip of the 1 is free of the curl (only obverse used with this combination). This die pairing is the second, and final, use of the blundered reverse die and is the one most often seen in high grades. However, the shattered state of both dies indicates a single production run for this variety. The damaged dies, according to Dannreuther, account for the retirement, as with all early Mint issues. "This curious reverse die possibly was the result of either alcohol or a late night party, as the die sinker made numerous slips while preparing this reverse," notes Dannreuther, half jokingly. "The spikes from the dentils are also seen on this obverse die, as well as the previous obverse die [BD-5], although they are not as plentiful as seen on the reverse."
What needs to be discussed is the coin's outstanding state of preservation. Well detailed for this more difficult early gold Type, with bright greenish golden color. The color adds considerably to the appeal of the reflective fields and frost-hardened devices. Clockwork precision seen in the detail of the hair and eagle, as well. Full, problem free rims on both sides, no mischief ever occurred to this coin, and even making up for a few slight marks and hairlines, it would be hard to find another similarly-graded example to compete with this coin. Probably the only hope for bidders lies in the fact that courage and determination will see the bidding through to the end. When once we have sold this piece, the sale will verge on history, with limited opportunities to acquire another such specimen. The individual who buys it will give endless enjoyment to his friends by its display and discussion. Pop 18; 47 finer, 29 in 62, 10 in 63, 6 in 64, 2 in 65 (PCGS # 8066) .
Estimated Value $70,000 - 80,000.
Ohringer Family Trust Holdings.
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| Realized $92,000 |
