1818 Capped Bust $5 Gold

Hey gang!

I just got this guy back from the graders today. I have posted it before in another thread but I figured this would be a great coin to make a new thread about. This coin has a mintage of 48,588 however collectors have long known that the vast majority of these went into the melting pots over the years. Estimates of surviving numbers range from 3% to 5% of the original mintage.

 

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I love early gold! These along with the 1795-1806 half eagles are two of my favorite series. That is one beautiful coin.

 

that is quite the beauty.What did you pay for it?

 

Solid grade Matt, was it what you expected?

-Shaun

 

That's like asking a woman how much she weighs.

 

Very nice Half Eagle !!

Apx. 70 have survived, raw or graded...

 

Very nice coin. Love that bisecting die crack on the obverse. Beauty for sure.

 

That is terrible, ugly and disgusting.





Now, that said, can I buy it?


J/K of course.

[It bugs me that I have to explain sarcasm. There should be a font for that.]

 

I got 209 on all 3 varieties with 98 of those being MS60+.

Very low numbers that I wasn't aware of which makes that 1818 pretty dadgum special...:thumb:

 

BTW, the math doesn't work...
209 would be 0.4% of the original mintage...

So survival rate would be 0.3% to 0.5%

 

Incredible coin!

 

Beautiful coin! Did you buy it raw (a gambler!) or in another holder?

 

He said he bought it raw... He is a coin dealer though

 

I did buy it raw. It body bagged at NGC for a small scuff on the cheek. I thought this was rather harsh and after setting on it and thinking about it I decided to give it a shot at PCGS. Some may not agree because it was previously in a details holder... But I obviously knew it was a close call... And am happy I reconsidered.

 

Wow nice! I will have to stop by your shop on my many trips from Madison, WI to Cincinnati. I may not be able to afford some of the coins you have, but just seeing them would be worth a pit stop. Now to convince the wife

 

That was a fortunate grade; the mysterious "53" grade, used most often on early coins like this of significant value. I have also had no grades in early 5s grade at PCGS. If you look at their statistics, PCGS has a fairly low no grade percentage, they prefer to net coins down a notch.....

Trends is around $18K in AU50; my guess it was bought south of $10K.

 

Got the numbers at PCGS COIN FACTS...just the facts. Soooooo the math does work.

 

Read the OP...

Said 3% to 5%... with the numbers given by you, it would be 0.3% to 0.5%.

 

OP may be off a little...APX. 200 coins (all 3 varieties) raw or graded. Doug and I have similar numbers, not sure where OPs info came from.