Lot 1446
1810 $5 Capped Draped Bust. Large date, large 5. NGC graded AU-55 BD-4, Rarity 2. Beautiful warm golden toning. A still lustrous and attractive coin, a benchmark for other examples that share this AU55 grade. While the strike is bold and crisp, it is rarely this full on the stars, legends and main devices, and we compliment NGC on a solid appraisal of its condition. Weak strikes seem to plague the issues of 1807-12. Worth stretching a little to obtain it (PCGS # 8108) .
In 1810, the U.S. population was 7,239,881. (The 3rd U.S. census listed: 1,211,364 slaves; 186,746 free Negroes; and 60,000 immigrants.) Between 1810 and 1830, as the population grew from new arrivals and natural population growth, over two million people left the eastern States for the West. However, the Westward migration put pressure on the indigenous peoples.
A famous leader of the time was Tecumseh (spelled variously Tecumtha, Tecumthe, and Tikamthi) -- an Indian chief of the Shawnees who, with his brother Tenskwatawa (The Prophet), tried to unite the Indians in the western part of the U.S. against the whites. In 1810 he told President Madison's messenger:
These lands are ours. No one has a right to remove us, because we were the first owners. The Great Spirit above has appointed this place for us, on which to light our fires, and we will remain. As to boundaries, the Great Spirit knows no boundaries, nor will His red children acknowledge any.
Estimated Value $7,500 - 8,000.
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| Realized $7,763 |
