Home
Newsletter
About Us
Coins For Sale
Selling Your Coins
Rare Coin Archives
Coin Collecting
Investing in Coins
Coin Information
Coin Articles
/World Coins
Books, Loupes etc.
Link to Us
Links
Contact Us
   
  Search 
  Sign up for our free NewsLetter
  e-mail: 
  Sign Up 
 


 

 

 

 




July 27 , 2015

COIN OF THE WEEK

1807 Capped Bust $5, Bust Left
PCGS MS63
- $25,750.
Click on Coin Image to enlarge


A popular and important type coin, the present specimen is a truly premium quality coin. Both sides are very lustrous with relatively clean surfaces for the grade..

Please contact me by email or telephone 1-800-624-1870 to reserve this great coin.

This type was designed by John Reich, the new assistant engraver at the Mint, next to the elderly Robert Scot, who had designed our nation’s first gold coins, including the “work-horse” five dollar gold piece, or half eagle. Short lived, as the type was discontinued after 1812. Thus, the present specimen represents an uncirculated first year of issue coin of this type which his always in demand.

Orange-gold coloration with full and flashy luster highlights the pristine surfaces of this coin. The strike is full, with no weakness noted on either side. No individual abrasions are worth to be mentioned on either side, which only feature some scattered marks from careless handling, presumably within the first few decades after this coin was struck. A premium quality coin destined for an advanced type set or high quality set of early American gold coinage.

By 1807, minting of the larger eagles had been discontinued since 1804, and was not resumed until several decades later. As such, the half eagle was the denomination of choice for large transactions, in particular between businesses and banks, as it represented a, for the time, huge amount in cash. Because of this, heavy circulation and the extremely low number of people who at the time could afford to put half eagles away for collections, this is a scarce issue in the mint state grades.

Two varieties are known for this issue, with the present specimen being a representative of the more available variety, BD-8. This was the second use of the obverse die, paired with a new reverse die after the old broke after only a couple of thousand coins had been struck. The reverse on this particular variety best is identified by the position of the leaf closest to U in UNITED. On this variety, it is close, whereas on BD-7 it will be farther away, an obvious difference which can easily be seen.


----------------------------------------------------------

ADDITION NEW COINS ADDED - (Week of 7/27/2015)

1856 Liberty Seated Half 10C PCGS PR64 CAC. ESTIMATED 40-60 STRUCK

1858 Liberty Seated Half 10C PCGS MS66. 1858 INVERTED DATE

1855 Liberty Seated Half 10C NGC MS67. ARROWS

1853 Seated Liberty Half 10C NGC MS67. ARROWS

1879 Shield 5C PCGS PR67 DCAM CAC. THE ONLY DEEP CAMEO GRADED

1877 Shield Nickel 5C PCGS PR66 DCAM. THE ONLY DEEP CAMEO GRADED BY PCGS

1876 Shield 5C PR67+ CAM CAC. SOLE HIGHEST GRADED BY PCGS

1859 Liberty Seated Half 10C NGC PR67+ CAC. GEM PROOF

1852 Liberty Seated 10C PCGS PR65 CAM CAC. BRILLIANT. ONLY 8 STRUCK. HIGHEST CAMEO GRADED

1871-CC Liberty Seated 10C PCGS AU55. JUST 3 GRADED HIGHER AT PCGS

1942/1-D Mercury 10C PCGS MS66 FB. GEM SATIN WHITE. JUST 3 GRADED HIGHER AT PCGS.

1844 Liberty Seated 10C PCGS PR64 CAC. ONLY 8 STRUCK

1938 Mercury 10C NGC PR68. GEM PROOF

1858 Liberty Seated 10C PCGS PR66 CAC. FABULOUS GEM. ONLY 80 STRUCK

1842 Liberty Seated H10C NGC PR65. Gem surfaces. Only 8 struck

1839 Liberty Seated H10C NGC MS68. No Drapery. Fabulous watery toning

1831 Capped Bust H10C PCGS MS67

1936 Buffalo 5C PCGS PR68 CAC. Gem Satin Proof


Very Truly Yours,

Tom Pilitowski
www.usrarecoininvestments.com
Toll Free:
1-800-624-1870
Email: TomPilitowski@yahoo.com


US Rare Coin Investments © 2003 - 2015 U.S. Rare Coin Investments
TERMS  |  LEGAL  |  SITE MAP
 

Have a question? Contact us here

Have a friend who might be interested?
Inform them about us now!
Your E-mail: Your Name: Friend's E-mail: Friend's Name:
Send to a Friend