1812 $5 Gold Capped Draped Bust 1807 – 1812 PCGS MS64+ (CAC) A BORDERLINE MS 65!

A SUPERB near miss MS 65 that sold in LRCA Dec 2021 auction. At the time it brought $67,563.00. Here was the great description from the sale:

A magnificent, essentially GEM quality BD-2, the scarcer of the two die pairings of the year, identifiable by the closeness of the 5D on the reverse. This is a truly spectacular coin as a date or type and among the FINEST KNOWN for the date (only nine have ever graded higher.

The central portions of the design are sharply and completely rendered by an exacting blow from the dies. 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 when rotated in a light. The satiny surfaces have an incredible glowing sheen that is a delight to behold. There is nary a mark of any consequence to be found anywhere, even using a strong glass, you will not be able to locate anything worthy of mention. The eye appeal is oh so close to GEM!

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 48, NGC 28, CAC 19. There are just 7 in MS64+ at PCGS and nine finer. No PCGS MS64+ has sold in nearly half a decade (the last one sold in April 2017 for $54,050). The current Collectors Universe value is $65,000. Note most auction prices (including all three MS64+ CAC results) were for BD-1. A PCGS MS65 BD-2 without CAC approval sold for $105,750 in August 2015. A superb coin for the type or date collector, or any one looking to build a box of 20 early gold coins! Opportunity knocks loudly here, do not let this GEM pass you by!
*************************************************************************************
The numbers have changed a little

PCGS 42, NGC 24, CAC 20. There are still only 7 in MS64+. The current Collectors Universe value is $72,500.00.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!