Lot 4414
1809/8 $5 Capped Draped Bust. . BD-1, Breen-6458, the only die combination this year. NGC graded MS-64. Lovely rich golden toning. A nice frosty coin. Only 33,875 struck. A decidedly beautiful Gem that has radiant golden originality. Struck with systematic exactness throughout the stars and main design elements, there is little reason to ignore the central part of the reverse where, on some dates in the Capped Bust Left series, a severe rounded impression is often left by the dies. This coin is decidedly bold in the centers. And elsewhere. The 1809 Overdate is rooted to its place in history by being the only variety struck this year. Is so happens, the 1809 is the scarcest date of this type as well, a design that lasted only from 1807 until 1812. Curiously, noted gold coin specialist Harry Bass doubted the overdate status, but traditionally it has been accorded that term. Tradition often wins out over form and, as noted in the Dannreuther book of die varieties, the author agrees with Bass, "the overdate status of this variety is very doubtful. There is something under the 9, but whether it is an 8 or remnants of an erroneously punched 9 is uncertain," Dannreuther explains. Pop 32; 10 finer in 65. (PCGS # 8104) .
Estimated Value $45,000 - 50,000.
Ohringer Family Trust Holdings.
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