COIN OF THE WEEK - 1809/8 Capped Bust $5 Gold NGC XF45
Capped Bust $5 Gold NGC XF45- $7,150.
R-3+. Popular overdate issue. Early Half Eagle. This
Capped Bust to Left 1809/8 Half Eagle is fresh and
lustrous with pretty golden-rose coloring. There is
sufficient separation in the lines of Liberty’s hair
and cap as well as the lower portion of the eagle
to warrant the grade. On the obverse the strike is
strong on the bottom and right side as indicated by
the dentils and centers of the stars. On the reverse
the coin is well struck especially on the shield and
the lower left of the eagle.
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to reserve the coins you would like to purchase.
John Reich designed
the Capped Bust half eagle of 1807 to 1834. It is
stylistically related to the Capped Bust half dollar
he also created. The obverse shows Liberty in profile
facing left wearing a LIBERTY inscribed cap that
was intended to represent a Phrygian cap. Seven
stars are to her left and six are to the right with
the date below the truncation. The reverse shows
the heraldic eagle with wings raised up. Between
them, on a banner, is the motto E PLURIBUS UNUM.
The required inscription UNITED STATES OF AMERICA
surrounds the coin, interrupted by the wing tips,
and the denomination written as 5 D. is below.
the error made by Robert Scot in the design of the
previous half eagle (as well as his other heraldic
eagle motifs). Scot had placed the arrows in the
eagle’s right or dexter claw and put the olive
branch in the left or sinister claw. This reversal
of the positions of these two items is an inaccurate
modification of the Great Seal of the United States.
Arrows in the right claw symbolize extreme militarism,
which is hardly a message a young nation should
place on its coinage. On the Capped Bust Half Eagle,
the olive branch is in the right claw and the arrows
are in the left.
All 1809 half eagles
are overdates, although the overdate fades out in
later strikes. The 1809 had the lowest mintage of
the type, and it is the scarcest date in the series.