Half Eagle (BD-1, R-2) NCS AU Details. The more available
of the two varieties for the year, which saw the introduction
of the small capped bust design. A very scarce type,
this is a coin that is usually included as the representative
for this year, as the other dates range from very scarce
to extremely rare.
Only one obverse die was used to strike the full
mintage of 95,428 coins. This particular variety is
thus identified by the reverse die. This is BD-1,
with the first S in STATES to the right of the E in
E PLURIBUS UNUM. On the BD-2 variety, which is seldom
offered, the S is centered above the E.
Approximately 70 to 80% of the mintage is the present
variety, with a total of 450-650 pieces known in all
grades. Most of these entered circulation, acquired
wear and/or were later melted for their gold content.
As a result, survivors are scarce and this type can
be considered to be one of the rarest, if not the
rarest types of early gold coinage.
While net graded by NCS for being “scratched”,
in reality this coin was lightly wiped long ago. The
coin exhibits full luster, and thus could be considered
uncirculated. Apparently, NCS does not agree with
us on this part. Original surfaces show, with a strong
strike. Light yellow color on the obverse, somewhat
darker on the reverse. A great representative of this
very rare type, seldom offered in this state of perseveration.