1820 $5 Capped Bust Half Eagle, Square 2 PCGS MS63

1820 $5 Capped Bust Half Eagle, Square Base 2 PCGS MS63--47,500.00

      We are proud to offer for consideration this spectacular and extremely rare coin from the Federal period of American history. A coin such as this is found only in the finest numismatic collections. Without exaggeration, when considering its rarity and beauty, this could well be a museum piece. In mint state this coin takes center stage among the greatest rarities in U.S. gold coins. Only one has been sold at auction in recent history: PCGS MS64 from the Harvey B. Jacobson, Jr. Collection, Heritage Auctions, 1/2012, for $51,750.

      Reich's obverse design for the Capped Bust half eagle (1813-1834) presents a buxom Liberty facing left, bordered by seven stars on her left and six on her right. Her cloth cap is inscribed with LIBERTY, and curly locks of hair fall from the edge of her cap, tumbling down to her shoulder. This look is quite European, different from Scot's American folk art approach. Reich's "signature" is a characteristic notched point on the lowest star on the right. Half eagles have such a notch facing the coin's rim. The date 1807 is found below the bust of Liberty. The reverse depicts an eagle with outstretched wings, perched upon a palm branch and grasping arrows in its left talon and the olive branch of peace in its right. A federal shield is found upon its breast, and a ribbon floating above the majestic bird displays the motto E PLURIBUS UNUM. The inscription UNITED STATES OF AMERICA and 5D. encircle the eagle. Among Reich's innovations are placing the denomination upon all gold and silver coins.