1802/1 $5 BD-1 MS(PCGS#519890)

February 2007 Pre-Long Beach Auction #39 U.S. Coins

Auctioneer

Goldberg Auctioneers

Lot Number

2245

Grade

MS62

Price

15,525

Lot Description

1802/1 $5 Capped Bust. . Breen-1C. BD-1. PCGS graded MS-62. Lightly toned on both sides. Nice clear overdate. Fully lustrous -- an important and rare feature for this not all that well preserved half eagle issue -- the surfaces display dominant warm gold color turning to light peach-orange in areas. Save for the highpoints of the of the feathers in the left wing where they join the left edge of the shield, the strike is above-average, indeed sharp, in all areas. 53,176 struck. Pop 26; 48 finer. (PCGS # 8083) . Half eagles of 1802 were minted from two distinctly different obverse dies, each an overdate with digit 2 punched over a previous 1. These two overdate obverse dies are very similar in appearance although the first has the top of the 2 distant from the bust and centered over the original digit 1. Some confusion exists regarding reverse dies and which obverse dies with which they were mated. This example is Breen 1-C and in a middle die state with a few of the later fine reverse die cracks. Estimated Value $13,000 - 14,000.