1795 $5 BD-14, Large Eagle MS(PCGS#519868)

The Regency Auction 50

拍卖行

Legend Rare Coin Auctions

批号

208

等级

AU53

价格

729,474

详细说明

FROM THE NAPLES COLLECTION, PART II The 1795 Large Eagle half eagle is much rarer than the Small Eagle type and its existence is due to efforts at the early mint to use dies as long as they were serviceable. The process of creating dies was difficult and die steel was not inexpensive. In the middle of 1797 the large eagle reverse type was introduced. Because the mint began to increase production at the time, leftover dies from earlier years were pressed into service, thus the mating of the 1795 obverse dies with the large eagle reverse dies. There are three 1795 Large Eagle die combinations, and all together it is estimated that between 45 and 54 are thought to survive; and the combined PCGS and NGC data prove this, as both services list a total of 43 examples on their Population and Census reports. The three marriages range from VERY RARE to UNIQUE. BD-13 is unique, BD-14(as here) is listed as Rarty-6+ with 14-18 known in all grades, and BD-15 is the most "common" with perhaps as many as 35 known. With just a hint of friction on the surfaces, this AU53 has a wonderfully, wholesome, lovely look. A mix of rich orange gold patina with accents of olive and red around the peripheral areas. The devices are sharply impressed from BD die state C/C, the earliest known for this die combination, as both obverse and reverse dies were used previously. The surfaces show some superficial tiny marks and lines that have zero impact on the visual allure of this CHOICE AU early gold rarity. Indeed, it is nice to see an example without any obtrusive planchet adjustment marks, serious marks, tooling, cleaning, or anything else that often plague these historic early gold pieces. The eye appeal is delightful! Ex Hutchinson Collection, Heritage, January 2017, lot 5841. PCGS 3, NGC 1. The most recent 1795 Large Eagle five in PCGS AU53 sold for $78,000 in April 2019 and that coin was the more common BD-15 variety. This coin is making its return to the market after five years, and in today's market, we believe this coin will bring much closer to the current PCGS Price Guide value of $90,000. Anything finer will certainly be a six figure coin, and nothing PCGS graded between AU55 and MS62 has sold since 2005! This is a VERY IMPORTANT opportunity to bid, and buy a classic early Federal gold rarity. Do NOT let this coin pass you by! Cert. Number 6614053 PCGS # 8075