1806/5 Capped Bust Right Quarter Eagle. BD-2. Rarity-5+. Stars 7x6. AU Details--Obverse Improperly Cleaned (NGC).，A relatively appealing example of this key date issue in the challenging early quarter eagle series. Bright medium gold surfaces retain ample evidence of a satin to modestly semi-reflective finish from the dies. The strike is well centered and overall bold, light adjustment marks (as made) over the central and upper reverse obscuring some of the finer design elements in those areas. The obverse field has a somewhat hazy appearance that helps to explain the NGC qualifier, although the in hand appearance is quite smooth and rather attractive.<p>With an estimated mintage of just 480 pieces, the 1806/5 is not only rarer than its 1806/4 counterpart, but it is also one of the most elusive issues in the Capped Bust Right quarter eagle series. This is an intriguing variety as one of the few in U.S. coinage history struck from an obverse that was previously used in production of a different issue (1805 quarter eagle), annealed again, overdated, and then used to strike coins of another issue. A mere 25 to 35 examples are believed extant in all grades (per Dannreuther, 2006), indicative of the wholesale destruction through melting of pre-1834 U.S. gold coinage. While not perfect, the present example has much to offer early gold specialists and advanced type collectors alike.，PCGS# 45513. NGC ID: 25FB.，，
