Pointed 6 Half Eagle (BD-5, R-7) NGC MS60 CAC. In their
recent reference (Early U.S. Gold Coin Varieties), Bass-Dannreuther
identify this variety to be R-7, with an approximate
number of 10 to 12 pieces known. The lack of auction
appearances, however, indicate that this coin could
be even scarcer, most likely to be a rarity 7+ and possibly
The present coin is easily identified
to be this rare variety as it is the only use of the
obverse die. This was the only pointed 6 obverse die
that has the 1 in the date free from the curl. With
an estimated mintage of 1,000-1,500 coins, something
made this die to retire early. On all known examples,
the die is still in perfect shape, so the reason is
This was the first use of the reverse
die, which shows large letters in the legend. This die
was later used to strike another variety of the 1806
half eagle, where it acquired severe clashing and was
retired after its use their. Another key future seen
on all known examples is the weak strike, in particular
on the center of the reverse.
The present coin is fully lustrous,
and does exhibit the somewhat weak strike as mentioned.
However, this should not limit the grade, as it is mint-made.
No wear shows on any of the high points, which is actually
quite rare with these early gold coins. Many were much
handled, and thus show many marks and friction wear.
This is a seldom offered opportunity to obtain the rarest
variety of the 1806 pointed 6 half eagle.