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Lot
2874

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 easi...

Auction: 2006 February Long Beach Signature Auction #400

Sold for: $40,250.00 (includes BP )
Bid Source: Internet
Ended: Feb 9, 2006
Item Activity: 5 Internet/mail/phone bidders
702 page views

Description:

Exceedingly Rare 1842-C Small Date Five Dollar, 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 surfaces are mildly reflective with brilliant yellow luster. Minor abrasions are visible on both sides. Although PCGS and NGC have combined to certify nine examples in MS60 or better grades, we believe that only three or four such pieces exist. This is the second rarest Charlotte Mint issue behind the virtually unobtainable 1849-C Open Wreath gold dollar.(Registry values: P8) (#8208)

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1108, Lot 3216 Monday, June 2, 2008 58 PCGS $43,125.00
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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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
55 $52,500 $65,630 $52,500 $46,500 $47,750 $35,000 $38,500
58 $57,500 $70,630 $56,500 $51,000 $51,500 $42,500 $49,000
60 $70,000 $95,550 $73,500 $66,500 $66,500 $75,000 ---
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS 58 6* 2* 41 0 27,432 Christian Gobrecht
NGC 58 7 6 26 -
CAC 58 0 2 4 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auction Galleries.

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Photographs:



Liberty Half Eagles, 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 easi...


Liberty Half Eagles, 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 easi...


Liberty Half Eagles, 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 easi...


Liberty Half Eagles, 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 easi...

We changed the way we image slabbed coins on February 1, 2010, in order to get a more accurate image of the coin. To get the sharper details and more accurate colors we have focused the lighting on the actual coin, which has caused the top of the holders to appear darker and milky. Please disregard the color of the holders when examining the images.

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