1795 Capped Bust Right Half Eagle. Small Eagle. BD-3. Rarity-3+. VF-20 Details--Ex Jewelry (ICG).
Bright yellow-gold color over both sides. The coin retains somewhat mushy detail on all major design elements due to the coin's usage as a jewelry piece at one time. This confirms the desirability for a budget minded type collector seeking an example of this historic first year half eagle issue. The 1795 half eagle is one of the great classics in American numismatics as these were the first half eagles struck in America and display the elegant Capped Bust head of Liberty with the Small Eagle reverse. The half eagle denomination formed the gold backbone of the fragile banking system at the time, along with the silver half dollar and dollars (both minted in significant quantities in 1795). The gold and silver coins were retained by banks to prop up reserves, and hence a fair number of these survived after limited circulation. The term "fair number" is relative, however, and in an absolute sense all pre-1834 U.S. gold coin varieties are rare.
PCGS# 519852. BASE PCGS# 8066. NGC ID: 25ND.
Price realized | 8'000 USD |
Starting price | 1 USD |
Estimate | 7'500 USD |