Lot 2111
1830 $5 Capped Head. Large 5D. . M-158. NGC graded MS-65. This stunning coin boasts lovely copper toning near the devices over lustrous fields. Liberty has a satiny appearance and shows no blemishes despite her age. Her broad cheek is shows no bagmarks or heavy scuffs. If one must find fault, the fields have minor hairlines, but not enough to keep this out of the gem class. Similar on the reverse, the proud eagle shows all feathers proudly, and the surfaces and fields show faint signs of handling. The toning on this coin is outstanding. As to the strike, it is full and complete, without weakness even on the upper curls of Liberty. This is an early die state, and fine die polishing lines can be seen, as well as recutting on stars eight, nine and twelve. Similar on the reverse, where recut letters can be seen and the D in the denomination has recutting noted on the inside upper curve, and on the upper post, just below the serif.
Without question, this is a very rare coin in any grade, NGC has graded just 5 of this variety, PCGS has graded only 11 of this date (PCGS does not differentiate between the Large 5D and Small 5D). Of the entire group of 16 coins graded, this one is the Finest, and almost certainly the Finest Known. PCGS has graded two 1830 half eagles as high as MS-64, the next level down for NGC is MS-63. Therefore, if you want clearly the finest, then here is the coin for you. Obviously most were melted or lost from the original mintage of 126,351.
Identifiable by a tiny planchet flake on and below the second leaf from the top on the reverse, and currently in NGC holder #380363-011.
Estimated Value $70,000-UP.
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| Realized $55,775 |
