1823 $5.00 PCGS AU55

BD-1, High Rarity-4. There are probably no more than 100 or so known for this date and it is considerably harder to find than the 1818 and 1820, its two rivals in the Fat Head series when it comes to overall rarity and price. This piece is lightly circulated but its slightly weak strike makes it appear a bit more worn than it actually is. The fields are quite reflective as is typical for the issue and there are a few minor marks noted including some in the left obverse field that seem to be the result of handling. There have been no AU55 examples of the 1823 half eagle thaat have appeared at auction since February 2002 and in October 2011, an NGC AU58 example with CAC approval brought $20,700. After the recent sale of the Jacobson collection of Fat Head half eagles, these coins are finally realizing the attention that they deserve.