Lot 3364
1810 $5 Capped Draped Bust. Large date, large 5 BD-4, Rarity 2. PCGS graded MS-64. Well struck and quite choice exhibiting heavy mint frost throughout, all lightly toned. Though relatively plentiful in circulated and low-end Mint State grades, the half eagles of 1807-12 are indeed scarce in choice Mint quality. Date and type collectors wishing to complete the set in choice condition will find the Capped Bust Left type to be a difficult one. Over its entire six-year run most of the mintage was exported and promptly melted by the recipients to recover its bullion. The few that have come down to us are often cleaned or otherwise damaged by the uninformed populace. Compared to post-1834 half eagle types, few exist with this level of beautiful frosty cartwheel luster. Most Mint State 1810 half eagles also seem to be deficient in luster on the high points where rub first occurs, even when the open fields are more than adequately frosted.
This MS64's unabashed and booming luster puts it well ahead of your run-of-the-mill Uncirculated Capped Bust Left $5. As expected from the grade, marks are negligible, while the fields on the other hand shine with the sort of alluring look that defines the quality of this high-end piece. The strike is excellent. There is only some slight rounding present on the neck feathers of the eagle, as well as on a few horizontal lines in the shield. The type or date collector who has the ability to acquire a full-fledged MS64 should make the most of the present offering! Pop 34; 2 finer, 1 in 65, 1 in 66 (PCGS # 8108) .
Estimated Value $25,000 - 27,500.
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