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1842-C $5 Small Date AU58 PCGS....
Lot: 3216,
Auction: 2008 May Long Beach, CA Signature Auction #1108
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| Sold for: | Sign-in or Join (free & quick) |
| Ended: | May 29, 2008 |
| Item Activity: |
7 Internet/mail bidders
 2,676 page views |
Description:
Richly Colored, Sharply Struck 1842-C Small Date Five, AU58
1842-C $5 Small Date AU58 PCGS. Variety 4-C, the only known dies. Die State II. The two die states of this variety are easily distinguished by the presence or absence of a rim break at the top of the obverse, over star 7. Examples with the rim break are more prevalent, although both die states are rare, especially in such fine condition. Walter Breen recorded historical notes about the 1842 Charlotte Mint coinage. Only 4,595 examples of the Small Date variety were produced, while 23,589 of the Large Date were coined. The obverse die broke on March 22, according to Breen.Very few examples of this variety have been certified, perhaps because few exist! This coin is unusually sharply struck with only slight weakness on the eagle's neck feathers. The fields are mildly reflective and the brilliant yellow has a significant overlay of deep red patina on each side. Minor abrasions are visible on both obverse and reverse. Although PCGS and NGC have combined to certify six examples in MS60 or better grades, we believe that only three or four such pieces exist. At the AU58 level, the Small Date is only slightly more available with 13 pieces certified and perhaps 7-8 coins actually extant. Regardless of the exact number of pieces known in this grade, the fact is very few are ever offered on the market as they are held in major collections. As such, this is a rare opportunity for the collector of Charlotte gold. (Registry values: P8) (#8208)
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(Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)This lot is in: Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-3858)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 400, Lot 2874 | Saturday, February 11, 2006 | 58 | PCGS | $40,250.00 |
| Auction 360, Lot 30450 | Saturday, January 15, 2005 | 58 | PCGS | $46,000.00 |
| Auction 300, Lot 8137 | Saturday, September 28, 2002 | 58 | NGC | $39,100.00 |
| Auction 288, Lot 6974 | Saturday, April 27, 2002 | 58 | PCGS | $55,200.00 |
| Auction 195, Lot 7783 | Friday, January 8, 1999 | 58 | PCGS | $77,625.00 |
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