Lot 1959
1812 $5 Capped Draped Bust. NGC graded MS-62. Nicely toned. A worldly measure of pouring cartwheel luster livens up the wide expanse of frosted golden surface. The fields are for all intents and purposes choicer than this modest grade suggests, and the strike is intrepid enough to call for special mention.
The War of 1812 was fought between the United States and Great Britain from June 1812, the year of this half eagle, to the spring of 1815, although the peace treaty ending the war was signed in Europe in December 1814. The mainland fighting of the war occurred along the Canadian border, in the Chesapeake Bay region, and along the Gulf of Mexico; extensive action also took place at sea. Due to heavy imports of war materiel (the New England states were trading with the enemy throughout the conflict!), vast numbers of gold half eagles of the period were exported. 58,087 coins minted. Pop 48; 66 finer.
Estimated Value $10,000 - 12,000.
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| Realized $13,225 |
