1795 $5 BD-3, Small Eagle MS (PCGS#519852)
The Regency Auction 41
- 拍卖行
- Legend Rare Coin Auctions
- 批号
- 9
- 等级
- MS64
- 价格
- 2,154,388
- 详细说明
- FROM THE BRUCE MORELAN COLLECTION Ex Col. Green and Eric Newman Collections, as noted on the insert. A miracle of numismatic survival! What a stunning, VERY CHOICE, and nearly GEM quality first year of issue. Representing the BD-3 die marriage, an R-3+ variety with perhaps 175-225 examples that survive in all grades. This MS64 ranks among the VERY FINEST of the die pair, ranking very high up on the Condition Census. Rich reddish-orange gold toning blankets both sides of this highly lustrous and sharply struck early half eagle. The fields clearly have a bold, lustrous flash as you rotate the coin in a light source. The richness of the color comes out as the surfaces gleam. Satiny and brilliant, the fields show some very minor lines. These are visible only with the aid of a powerful glass and they are unobtrusive. The devices are exceptionally sharp and boast both bold crispness and rich, thick frostiness. Were it not for those light lines, this coin would have easily graded higher. Even still, at the MS64 level, PCGS has graded just four coins finer. This is a very special coin with a provenance that easily dates back to the very early 20th century, though it is unknown before Colonel E.H.R. Green's ownership, but is easily one of the FINEST of 74 1795 Small Eagle half eagles in the Colonel Green Collection. Col. Green's gold coin collection was purchased by Stack's in the 1940s, and a complete set of fives was sold to King Farouk of Egypt. Additional sets of early half eagles were sold to other notables including J.F. Bell and Louis Eliasberg. Eric P. Newman purchased this GEM from Stack's in February 1944. It would remain in Eric Newman's Collection until November 2017, when it was sold by Heritage for $336,000. The 1795 half eagle and eagle were the first gold coins struck by the U.S. mint at Philadelphia. While copper coins were struck first, as officials required surety bonds to strike gold and silver. By 1795 the required bonds were posted and gold coinage began. All told, 8,707 half eagles were struck during this first year, of which about 500-600 examples are thought to survive in all grades. The BD-3 variety, with perhaps 175-225 estimated makes up a big proportion of those known. As the first year of issue, the 1795 has always been in demand from collectors. As the most "available" date of Small Eagle fives, it is sought by type and date collectors. A coin with so many levels of interest, it is a numismatic "blue chip" of the first order! PCGS 4, NGC 2, CAC 1. The last time a PCGS MS64 sold in auction was in the 2008 FUN auction, a coin that was NOT CAC approved and realized $373,750. The current PCGS Price Guide value is $350,000 and the CAC CPG value is $387,200. The Garrett-Pogue coin, which was the most recent MS65 to sell (and only one this decade) realized $646,250 in September 2015. If you are building a SUPERB set of early gold, whether by date or type, or variety, you will be hard pressed to find another 1795 that has the look that this one does! Worthy of a very strong bid! Good luck! Cert. Number 34980738 PCGS # 8066.00
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