Lot 3368
1811 $5 Capped Draped Bust. Tall 5 BD-1, Rarity 3+. PCGS graded MS-63. Well struck in natural slightly greenish color gold and all delicately toned. This wonderful frosty specimen is among the most affordable examples of the Type, and a date well within the means of a serious buyer of early U.S. gold. To say it is very sharply struck with frosty luster is to point out the obvious, and only a few minor abrasions in the fields are detected. Probably a good many Capped Bust Left fives are not as carefully struck as this piece, which has no suggestion or even a whisper of weakness at the stars or hair curls. An attractive example of this variety, there should be only one real obstacle to bidding, that being the certainty of stiff competition from others wishing to acquire it. Pop 13; 8 finer, 6 in 64, 1 in 65, 1 in 66 (PCGS # 8110) .
The two varieties of 1811 are easily distinguished by taking a look at the reverse. The Tall 5 reverse die has the digit 5 encompassing most of the space above the border, with the tip or flag of the 5 left of the lower right corner of an arrow feather. (The Small 5 variety, by comparison, has a smaller size numeral whose flag of this digit is centered below the lower right corner of the feather.).
Estimated Value $16,000 - 17,000.
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