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SERIES: Draped Bust $5 1795-1807
LEVEL: Year, MintMark, & Major Variety

1797 $5 Small Eagle, 15 Stars (Regular Strike)

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PCGS MS61

PCGS AU55
PCGS #:
8069
Diameter:
25.00 millimeters
Designer:
Robert Scot
Weight:
8.75 grams
Edge:
Reeded
Mintage:
2,552
Metal Content:
91.7% Gold, 8.3% Copper
Auction Record:
$235,000 • PCGS AU58 • 8-12-2015 • Stack's/Bowers
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 20 R-9.1 2 / 5 4 / 23 TIE
60 or Better 1 R-10.0 1 / 5 1 / 23
65 or Better 0 R-10.1 1 / 5 1 / 23
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS61 PCGS grade

Jacob Shapiro Collection - Numismatic Gallery 3/1948:288, not sold - Jacob Shapiro Collection - RARCOA 4/1963:568 - R.L. Miles Collection - Stack's 10/1968:325 - Ed Milas Collection - RARCOA, sold privately in 3/1986 - D. Brent Pogue Collection

2 AU58 PCGS grade  
3 AU55 PCGS grade  
3 AU55 estimated grade

Heritage 8/2010:3471, $218,500

5 AU53 estimated grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS61 PCGS grade

Jacob Shapiro Collection - Numismatic Gallery 3/1948:288, not sold - Jacob Shapiro Collection - RARCOA 4/1963:568 - R.L. Miles Collection - Stack's 10/1968:325 - Ed Milas Collection - RARCOA, sold privately in 3/1986 - D. Brent Pogue Collection

2 AU58 PCGS grade  
3 AU55 PCGS grade  
3 AU55 estimated grade

Heritage 8/2010:3471, $218,500

5 AU53 estimated grade  
6 AU50 PCGS grade  
6 AU50 estimated grade  
7 XF45 estimated grade  

David Akers (1975/88): Chronologically, it is probable that this is the first of the 1797 Half Eagles, preceeding the 1797 16 Stars, Small Eagle, Heraldic Eagle, the 1797/5 and even the 1795 Heraldic Eagle. Like all 1797's, this is of extreme rarity in any condition with probably fewer than 20 pieces in existence. Somewhat more rare than the 16 Stars, Small Eagle variety in all grades, it is considerably more difficult to obtain better than EF. Most available specimens are only VF or EF and only 2-3 true uncs exist. Only two low grade specimens have been offered at auction in the past decade.