Lot 1911
1803/2 $5 Capped Bust. NGC graded MS-61 Breen-1D. Nicely struck. Intense but still satiny frost, the coin lightly toned to a soft golden color through which brighter gold radiance persists almost undiminished. A dampened impression is almost unheard of on 1803 half eagles, fortunately, and this coin, true to form, rather than being halfhearted has a design that is boldly crisp. What a wonderful way to display the heraldic eagle-style of early $5 gold! 33,506 coins minted. Pop 46; 98 finer.
This is an exciting example of Breen 1-D, the single most affordable variety of this date. Walter Breen noted that the vast majority of specimens of this date are from the reverse die. Regarding the obverse die, Walter Breen noted that this is very rarely found in a perfect state. But all known examples of this variety have a perfect obverse.
Estimated Value $10,000 - 11,000.
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