Lot 3361
1809/8 $5 Capped Draped Bust. NGC graded MS-64. Well struck. Nice golden toning. When it comes to early half eagles, this coin has what collectors prefer to see: a no-compromises extremely sharp strike, deep rich frost, layers upon layers of which possess attractive gold color, high quality planchet, and finally, superb eye appeal. Of course, the overdate feature is a center of focus that will grab your notice as well. It is truly wonderful to imagine the talent that went into minting superb strike and clarity that this coin possesses. Pop 32; 9 in 65. (PCGS # 8104) .
Note: the mintage of the various Capped Bust to Left dates is a fairly good predictor of relative rarity. Thus, the 1809 issue, with the lowest mintage of the type, turns out to be the scarcest of the 1807-12 series. All examples from this year are overdates, although the undertype faded as more and more coins were produced. Oddly, roughtly half the certified examples are Mint State per Garrett & Guth, with the warning "that number may be inflated because of resubmissions" to the grading services. The finest know is a single MS66.
Estimated Value $25,000 - 30,000.
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