Lot 2219
1803 $5 Gold Capped Bust. 3 over 2. PCGS graded AU-55 Miller-58, Unlisted in Breen. R-7. Light greenish gold color with soft and satiny luster. Well struck and near uncirculated in detail except for some light discoloration, perhaps from light wear, on the high points of the cap and face. There are no adjustment marks on the obverse, only on the reverse at 1:00-2:00. A boldly struck specimen with the feather detail sharp and near uncirculated in stature.
The present coin is a very scarce variety described by Robert Miller, Sr. in his work "United States Half Eagle Gold Coins, 1795-1834". The fastest way to identify this variety is by looking at the T of LIBERTY, one will notice the right foot of T is present. This is the only known die marriage that has this obverse die. There is a light die crack through the bottom of the date and extending towards star 13. On the reverse, the T of UNITED has been repunched with remnants of another T to the right. Another fine die crack extends from the left hand corner of the shield up through the feathers of the eagle's right wing. A very choice coin and an extremely scarce variety (PCGS # 8084) .
Estimated Value $5,200 - 5,500.
The Michael M. Magdic Collection.
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| Realized $6,900 |
