1812 $5 Gold Capped Draped Bust 1807 – 1812 PCGS MS64+ (CAC) FROSTY!

A SUPERB near miss MS 65 that we fully rank as VERY HIGH END!

The surfaces are smooth and are pretty clean overall. Only when using a strong glass can you find some minor and widely scattered imperfections. There is just an area of weakness at the left obverse periphery, that area shows a number of mint made planchet adjustment marks. A bold cartwheel luster beams in the frosty surfaces all over. The satiny surfaces have an incredible glowing sheen that is a delight to behold. Miss Liberty and the details are sharply struck and stand out. The eye appeal is oh so close to GEM and is wonderful!

Struck during the James Madison administration and at the beginning of the War of 1812. From the historical stand point it would be amazing to trace how this coin survived all these years in such a pristine state of preservation. Many of these old tenor gold coins were exported and melted in the 1820s and 1830s as the value of the gold content exceeded the five dollar face value.

PCGS 42, NGC 24, CAC 20. There are still only 5 in MS64+. The current Collectors Universe value is $70,000.00.Today, the next step up-if you could find a PCGS MS65 CAC would cost at least $125,000.00. This is a true quality and beautiful 213 year old gold coin!

Have coins or stuff to trade? This is the optimum coin to put away or add to a box of 20!