1798 $5 BD-8, Large Eagle, Normal 8 MS(PCGS#507328)

1798 $5 BD-8, Large Eagle, Normal 8 MS (PCGS#507328)

July Premier Session 2018

Auctioneer
Legend Rare Coin Auctions
Lot Number
151
Grade
G06
Price
5,170
Lot Description
From the Sig and Louise Collection BD-8, which is technically the NORMAL 8 variety, not Large 8 as noted on the holder. Perhaps 40-50 examples survive of this R-5 variety. We think that the detail that remains is much stronger than GOOD, more in line perhaps with a FINE grade. For a coin of such low certified grade, this coin really has an amazing look! A coin of such low grade really makes you remember that these coins really did circulate, and were not just stores of specie held by banks to cover paper money. A very historical relic that is bound to attract serious bidding! PCGS 1, NGC 0, CAC 1. This coin is totally fresh to the market and is making its first auction appearance ever! The only "comp" we can find in our database was a much more more common date, 1802/1 in PCGS VG10 CAC that sold for $4,080 in February 2018. As an 18th century date, we think this coin will be bid well past that! Good luck! Cert. Number 35692692 PCGS # 8078
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