Stack’s Bowers Galleries will host the official auctions of the
Whitman Coin and Collectibles Summer Expo on June 21 to 23, with
additional online offerings June 26 and 27.
The upcoming installment of the thrice-yearly Whitman Expo will be
at its longtime home, the Baltimore Convention Center, June 22 to 25.
Gold coin resistance at U.S. Mint and a
deceptive but detectable counterfeit Indian Head cent:
Another column in the June 12 Coin World details the discovery of
what seemed to be a rare 1917 French Indo-China 10-cent piece.
Among the highlights is an 1810 Capped Bust, Large Date, Small 5
gold $5 half eagle, of the variety listed as BD-3 in Early U.S.
Gold Coin Varieties: A Study of Die States, 1795-1834, by John
W. Dannreuther and Harry W. Bass Jr., where the authors exclaimed,
“This is the rarity of the type!” It is graded by Professional Coin
Grading Service as Fine Details, Mount Removed, and it was likely
formerly housed in jewelry, with evidence of its prior mounting
visible the top of the obverse (and corresponding bottom of the reverse).
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Researchers have identified four listed die marriages of the 1810
Capped Bust half eagle — each one with a separate listing in A
Guide Book of United States Coins (the “Red Book”). The BD-3
variety is the rarest of the four, with Stack’s Bowers finding just
four survivors in all grades — a task made more complicated since some
examples have been misattributed in the past. The finest known is
considered About Uncirculated 50 and is part of the Bass Collection
housed at the American Numismatic Association Money Museum.
The next finest is graded Very Fine 25 by PCGS and sold in February
2016 as part of the auctioneer’s offering of the D. Brent Pogue
Collection where it brought $56,400. It was one of only a handful of
circulated coins in the Pogue Collection, but the absence of any
collectible finer examples required a well-circulated example of this issue.
Two other examples of the coin have problems: one with a PCGS net
grade of VF-30 has smoothed fields that were “brushed in a manner to
simulate mint lustre,” and the subject coin, which was formerly housed
in jewelry. Stack’s Bowers notes that its provenance is unknown,
before concluding, “this coin represents a fleeting bidding
opportunity for the early gold variety specialist.”