*HIGHLIGHT OF ENTIRE AUCTION* 1798 Ty II Breen-6427 B-C2 Draped Bust Gold $5 Graded AU/BU Slider US

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  Lot #734  (Sale Order: 475 of 583)  
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***Auction Highlight*** 1798 Ty II Breen-6427 B-C2 Draped Bust Gold $5 Graded Choice AU/BU Slider By USCG. Highlight of the Entire Auction. Up for Auction is an incredibly rare 18th Century US Gold Piece, It is amongst the finest known. The 1798 $5 Large Eagle, Large 8, 14 Star Reverse Breen-6427, B. 2-C, Miller-26, R.6. The strike is sharp and balanced, with just a hair of weakness on the arrows and upper left shield, areas which are notoriously soft on this series. There are faint adjustment marks visible on Liberty and the fields nearby, but a strong glass is needed to find them. On the reverse we note a thin die crack which extends from the right foot of the second A in AMERICA up through the shield, scroll, star on the far right, and out the rim through the post of the F in OF. The right side of the reverse die shows evidence of extensive lapping, with a few of the leaves very thin on the branch and the end of the scroll lacking depth. Of great interest to the numismatist are the diagnostic features that make this die combination unique. The 8 used for the date punch is larger than most other dies of the year, and the reverse sports fourteen stars over the eagle instead of the expected thirteen. This was not a case of an additional star being added to the original thirteen as new states joined the union, as there were already fifteen states when the first heraldic eagle dies were engraved in late 1795. No, simple mathematics played a part, the engraver simply put too many stars in the die. Thus a naked eye type coin was created and in this case a rather scarce one at that. Estimates of the number of coins from this die pairing range from about 30 to perhaps a few more, but regardless of the exact number, this is an important rarity in high grade, and this coin will find many who desire to own it. I will note that NGC has graded 1 Example as ms60. It had an estimate at auction of $70,000-$80,000 and Realized $115,000 in the Goldberg Auction, Lot 2240 on February of 2007. I am including a picture of that coin for your comparison. I have also included the coin tied with our coin, the au58 example at PCGS. You will note the ugly die breaks throughout the shield on the reverse of this example. That is the BD-3 Variety. Of The entire known population of 35-40 coins, only 3 are known of the B-2c Variety with the cracks not yet present on the shield. Our coin at hand, one au53 and the one that sold at Goldbergs in 2007, for $115,000. Good Luck in attempting to secure This Terrific Rarity! A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation

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This item is part of Breathtaking Spring Coin Consigns Auction 6 of 6
 Thursday, Jun 17, 2021 | 5:45 PM  Eastern
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*HIGHLIGHT OF ENTIRE AUCTION* 1798 Ty II Breen-6427 B-C2 Draped Bust Gold $5 Graded AU/BU Slider  US
*HIGHLIGHT OF ENTIRE AUCTION* 1798 Ty II Breen-6427 B-C2 Draped Bust Gold $5 Graded AU/BU Slider US
Lot number: 734
Seller: Key Date Coins
Event: Breathtaking Spring Coin Consigns Auction 6 of 6
Ends: Thursday, June 17 | 5:45 PM  Eastern

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