The 1795 Capped Bust Right Half Eagle is a significant piece in American numismatic history. Struck during the early years of the U.S. Mint, this coin represents a fascinating chapter in the evolution of American coinage. In this article, we’ll explore its historical background, delivery details, and market data, providing collectors and enthusiasts with a comprehensive understanding of this iconic coin.
Historical Background
The 1795 Capped Bust Right Half Eagle is notable for being one of the first gold coins minted by the United States. The design, featuring Liberty with a capped bust facing right, was created by Robert Scott and was used on various denominations of gold coins. The half eagle, with a face value of $5, was part of the U.S. Mint’s initial efforts to produce gold coinage, and its rarity and historical significance make it highly sought after by collectors today.
Delivery History
The delivery history of the 1795 Capped Bust Right Half Eagle provides insight into its production and distribution during the late 18th century. The following table details the quantities of the coin delivered on specific dates:
| Date | Quantity Delivered |
|---|---|
| July 31, 1795 | 744 |
| August 11, 1795 | 520 |
| August 14, 1795 | 1,000 |
| August 18, 1795 | 105 |
| August 21, 1795 | 380 |
| September 1, 1795 | 1,634 |
| September 3, 1795 | 1,054 |
| September 12, 1795 | 2,400 |
| September 16, 1795 | 870 |
| June 28, 1796 | 780 |
| July 27, 1796 | 2,346 |
| September 21, 1796 | 273 |
| December 8, 1796 | 2,460 |
| December 22, 1796 | 337 |
This table illustrates the quantities delivered in various batches, reflecting the production pace and distribution of the coin during its early years.
Market Data and Noteworthy Specimens
The 1795 Capped Bust Right Half Eagle has achieved significant recognition in the numismatic market. The following table highlights some notable specimens and their market values:
| Die Variety | Grade | Price | Source |
|---|---|---|---|
| BD-1 | NGC MS66* | $587,500 | Heritage Auctions, January 7, 2015 |
| BD-2 | NGC MS64 | $201,250 | Heritage Auctions, January 4, 2007 |
| BD-3 | PCGS MS65 | $646,250 | Stack’s Bowers / Sotheby’s, September 30, 2015 |
| BD-4 | PCGS MS64 | $288,000 | Heritage Auctions, January 5, 2023 |
This table provides an overview of the different die varieties, their grades, and recent auction prices. It illustrates the coin’s value in the market and the premium associated with higher grades and rarer varieties.
Conclusion
The 1795 Capped Bust Right Half Eagle is more than just a coin; it’s a symbol of the early American Mint’s efforts to establish a reliable and valuable currency system. Its historical importance and rarity make it a prized possession among collectors. By understanding its delivery history and market data, enthusiasts can appreciate the coin’s significance and the factors that influence its value.
Whether you’re a seasoned collector or a newcomer to numismatics, the 1795 Capped Bust Right Half Eagle offers a fascinating glimpse into America’s early coinage and remains a cornerstone of American numismatic heritage.
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FAQ’s
Why is the 1795 Capped Bust Right Half Eagle so valuable?
Its value comes from its historical significance as one of the first U.S. gold coins, its rarity, and the quality of its surviving examples. Well-preserved coins can fetch high prices at auctions.
How can I verify if a 1795 Capped Bust Right Half Eagle is genuine?
Authenticity can be verified by:
Professional Grading Services: Have the coin graded by NGC or PCGS.
Visual Inspection: Compare the coin with high-quality images of authentic examples.
Expert Consultation: Seek advice from a numismatic expert.
What are the die varieties of the 1795 Capped Bust Right Half Eagle?
Main die varieties include:
BD-1: Common with notable design features.
BD-2: Distinct design differences.
BD-3: Unique die markers.
BD-4: Specific variations in design elements.
