1806/5 Capped Bust Left Quarter Eagle. BD-2. Rarity-5+. Stars 7x6. AU-58 (NGC). CMQ.

An appealing example of this key date in the challenging early quarter eagle series. Warm medium gold surfaces with underlying olive evident under a light. Plenty of frosty luster remains, and the strike is well centered and overall bold. There are faint traces of reflectivity evident in the fields, which feature further enhances the coin's appeal. There are neither adjustment nor sizeable handling marks to distract the eye. BD Die State c/b. With an estimated mintage of just 480 pieces, the 1806/5 is not only rarer than its 1806/4 counterpart, but it is also one of the most elusive issues in the Capped Bust Right quarter eagle series. It is one of the few varieties in U.S. coinage history struck from an obverse that was previously used in production of a different issue (1805 quarter eagle), annealed again, overdated, and then used to strike coins of another issue. Just 25 to 35 examples are believed extant in all grades (per Dannreuther, 2006), indicative of the wholesale destruction through melting of pre-1834 U.S. gold coinage. In NGC-certified, near-Mint preservation the present example has much to offer both early gold specialists and advanced type collectors.

PCGS# 7655. NGC ID: BFVX.

From the Dr. William M. Aden Collection.