Coin Specifications

Category: Capped Bust $5 (1807-1834)
Mint: Philadelphia
Mintage: 33,875
Catalog: KM-38
Obverse Designer: John Reich
Reverse Designer: John Reich
Composition: Gold
Fineness: 0.9160
Weight: 8.7500g
AGW: 0.2577oz
Melt Value: $336.99 (7/29/2014)
Diameter: 25mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1809/8 $5 MS obverse 1809/8 $5 MS reverse


  
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Description & Analysis

John Reich came to the Mint as assistant engraver on April 1, 1807, and worked precisely one decade with no pay raise. Unsurprisingly, he left the Mint's employ after 10 years. During that time, he managed to redesign copper half cents and large cents, silver dimes, quarters, and half dollars (but not the half dime, which saw a coinage hiatus from 1805 to 1829, nor yet the silver dollar, not minted from 1803-1836), and gold quarter eagles and half eagles (but not the eagle, which had not been minted since 1804 and would not be again until 1838). Reich, a German immigrant, was the first Mint engraver to consistently include the denomination on all gold and silver coin designs. Reich also left his 'secret mark' on most coinage dies of the era, a notched star point (or more than one), usually on star 13. By 1815, Reich had managed to create a complete set of the circulating coins of the time with a common theme, the familiar Capped Liberty or Capped Bust design.

Bass-Dannreuther estimate that somewhere between 20,000 and 33,875 pieces of this issue were struck, all from a single die pairing. Although the 1809/8 is listed as an overdate and included in the Guide Book in that manner, some numismatists have doubted that the 9 is truly over an 8. From Bass-Dannreuther:

'As noted above, Bass doubted the overdate status of this variety, but traditionally it has been considered one. Tradition often wins over reality and, as noted, the author agrees with Bass, the overdate status of this variety is doubtful. There is something under the 9, but whether it is an 8 or remnants of an erroneously punched 9 is uncertain.'

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 8/15/2013

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1809/8 $5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 1050 1440 3400 4250 5750 5750 8650 9425 11600 13000 15400 16800 20200 30500 56250 158500 - - - - -
$ 6200 9500 10200 12000 14100 16500 18100 21700 33000 66000 175000 - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 179
Low Grade: VF
Average Grade: 60
High Grade: 65


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/15/2001 PCGS MS 64   Heritage Auctions 2001 November Santa Clara Signature Sale #275, 275/Lot# 6364 $17,825.00
9/10/2007 PCGS MS 70   Teletrade Auction 2420, 2420/Lot# 2159 $1,568.00
10/14/2007 PCGS MS 70   Teletrade Auction 2435, 2435/Lot# 2672 $2,016.00
3/3/2008 NGC MS 62   David Lawrence Rare Coins Monday - Internet Auction # 225, 231/Lot# 3136 $17,250.00
9/19/2010 NGC MS 62   Goldberg September 19-21, 2010 Pre-Long Beach Coin Auction, 60/Lot# 2848 $13,800.00
4/4/2011 PCGS MS 70   Teletrade Auction 3042, 3042/Lot# 1810 $2,070.00
10/17/2012 PCGS AU 55   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 5473 $8,625.00
2/9/2014 PCGS AU 55   GreatCollections GreatCollections Coin Auctions 02/09/2014, 171/Lot# 167851 $9,131.10


NGC Registry

NGC Registry Score 1809/8 $5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base163017841949212423022643314935643686376538793952404843195563719886511091014017183512447933266
16811839200721832415281132873604371238033903398441384733610876829404119451546120393274080
0000003287360437123803390339844138473361087682940411945154612039300
00000034253645373838413927401642285148665381661015712981169062243600
1809/8 $5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base171918792051223324172770329437223849393040484123422345025783746589561127214453188822513634090
17721936211122942534294434363764387639694073415643164929634379629728123321592920966281200
0000003436376438763969407341564316492963437962972812332159292096600
00000035793806390340084098418944095356690484591050013392174052305100
Registry Image Gallery
Grade: MS 62
Points: 4375
Owner: scotty's gold
 
Grade: AU 58
Points: 3879
Owner: Nysoto
 
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