Lot 1564
1812 $5 Capped Draped Bust. . BD-1, Breen 1-B. PCGS graded MS-64. Well struck and "fresh" with frosty mint lustre and natural golden-orange toning about the borders. The surfaces on this handsome half eagle are judged by us to be vibrant gold in color, and quite luminous, with the high grade acting on behalf of its outstanding quality. What's more, mathematically above-average standards are seen in the centers and full stars, making this 1812 issue noteworthy since "average" detail in the key high points, such as hair curls and cap, the eagle's feathers and shield, is more often the case. Some light adjustment lines noted in PLURIBUS. 1812 initiated two Great Wars in Western history: ours, against Britain, and Napoleon's, against Russia. Britain lost and Napoleon was thoroughly trounced. Half eagle pieces struck at the time were used by banks and export companies to pay for goods coming into the East Coast ports. Most 1812 half eagles, indeed, upwards of 95% of the issue, were eventually melted. That is one reason why so few choice, frosty Bus like this are in existence. Pop 38; 4 in 65, and 1 in 66 (PCGS # 8112) .
Estimated Value $30,000 - 35,000.
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| Realized $36,225 |
