1814/3 $5.00 PCGS MS62 CAC

BD-1. High R-4/Low R-5. Fewer than 100 pieces are known in all grades. Struck from strongly clashed dies as is typical for this issue. A lovely example of this rarity with great luster, a nice strike and pleasing light to medium pale rose and orange-gold coloration on the obverse and reverse. A few trivial marks on the obverse narrowly remove this from the MS63 level. The 1814/3 is many times rarer than the 1813 and compares favorably with the 1818 and 1820 in the fabled Capped Bust half eagle type that was produced from 1813 to 1829. A nice PCGS MS62 1813 half eagle in MS62 with a CAC sticker is worth around $20,000 in this market. At around a 25% premium, the 1814/3 in this grade seems like an amazing value to me as it is far, far scarcer and nearly impossible to find choicer. In September 2008, Superior auctioned a decent quality PCGS MS62 example for $27,600. If you are looking for this a nice example of this fabled type, you would be hard-pressed to find better value than this 1814/3!

Ex Heritage 8/11: 7540 where it sold for $22,450