Lot 1919
1804 $5 Capped Bust. NGC graded AU-58 M-59, Rarity 6. Small 8 over Lg 8. A velvety smooth and luxurious AU58 with a gradation of color and luster on both sides. The contact from the dies is virtually complete, with little of the usual weakness seen at juncture of the shield with the eagle's wings. In fact, this coin has a leg up on the competition. After the events that are recorded in this auction are through, we expect to see a strong price realized for this 1804 half eagle. Pop 40; 51 finer.
About 1798 the new Heraldic Eagle reverse was first employed for the $5 denomination. An eagle at the center, with a shield on its breast, holds arrows and an olive branch in its talons and a ribbon lettered E PLURIBUS UNUM in its beak. Above is an array of stars and an firmament of clouds. The inscription UNITED STATES OF AMERICA surrounds. There is no mark or indication of value.
Estimated Value $8,500 - 9,000.
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| Realized $10,925 |
