The 1795 Capped Bust Right Half Eagle is a fascinating and historic coin from America’s early days. Minted in the late 18th century, this gold coin represents a significant piece of U.S. numismatic history. Its unique design and rarity have made it a prized possession among collectors. In this article, we’ll delve into the history, production, and market value of this iconic coin, offering insights into what makes it so special and sought after.
Historical Background
The 1795 Capped Bust Right Half Eagle is one of the first gold coins ever produced by the United States. Designed by Robert Scott, the coin features an image of Liberty with a capped bust facing right. This design was used on various gold coins of the time. The half eagle, with a face value of $5, played a crucial role in the U.S. Mint’s early efforts to create a stable and reliable currency. Today, its historical significance and limited availability make it highly valuable.
Delivery History
Understanding the delivery history of the 1795 Capped Bust Right Half Eagle gives us a glimpse into its production process. Below is a table showing the quantities of coins 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 shows the production and distribution patterns, reflecting the efforts made by the early U.S. Mint to circulate these coins.
Market Data and Noteworthy Specimens
The 1795 Capped Bust Right Half Eagle is highly valued in today’s numismatic market. Below is a table highlighting 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 illustrates the different die varieties, their grades, and the significant prices these coins have fetched at auctions. Higher grades and rarer varieties command premium prices.
The 1795 Capped Bust Right Half Eagle is not just a coin; it’s a piece of American history. Its rarity, historical importance, and beautiful design make it a must-have for serious collectors. By understanding its background, production details, and market trends, collectors can better appreciate its value. Whether you’re new to coin collecting or have years of experience, this coin offers a unique connection to the early days of American coinage and remains a cornerstone of numismatic collections.
1. Why is the 1795 Capped Bust Right Half Eagle so valuable?
The coin’s value is due to its rarity, historical significance as one of the first U.S. gold coins, and the quality of surviving examples.
2. How can I verify if a 1795 Capped Bust Right Half Eagle is genuine?
You can verify authenticity through professional grading services like NGC or PCGS, visual inspection, and consultation with a numismatic expert.
3. What are the die varieties of the 1795 Capped Bust Right Half Eagle?
The main die varieties include BD-1, BD-2, BD-3, and BD-4, each with distinct design features.
4. Where can I buy a 1795 Capped Bust Right Half Eagle?
You can purchase this coin through reputable auction houses, numismatic dealers, or online marketplaces specializing in rare coins.
5. What factors influence the value of the 1795 Capped Bust Right Half Eagle?
The value is influenced by the coin’s condition, rarity, die variety, and market demand among collectors.