Announcement: Sunday & Tuesday Internet Coin Auctions and Weekly World and Ancient Coin Auctions move to Heritage Live!

Our Weekly Internet Coin Auctions and World and Ancient Coin Auctions are closing with live, online auctions on HA.com's Heritage Live! platform beginning with the Internet Coin Auction that ends Sunday, September 21st and the World and Ancient Coin Auction that ends on Thursday, September 25th. Each lot is offered one at a time, in lot number order, in live auctions beginning at 8:00 PM CT. During this part of the auction, live bidders will be on Heritage Live! competing with each other and with previously placed Internet bids. The lot opens, requests live bids, and then closes when the bidding is finished. There is no change in how you place your secret maximum bids during the week the auctions are open on HA.com. In addition, once bidding on HA.com ends, 2 hours before the live sessions start, you still have the option to leave proxy bids through Heritage Live!

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Lot
3601

1842 $5 Small Letters AU50 NGC. This is a challenging piece for the specialist, as a combined total of 27,578 Small Letters...

2007 St. Louis, MO (CSNS) Signature Coin Auction #434

 
Sold for: Not Sold
Auction Ended On: May 11, 2007
Item Activity: 4 Internet/mail/phone bidders
78 page views
Location: St. Louis, MO
Description:
Elusive Small Letters 1842 Five, AU50
1842 $5 Small Letters AU50 NGC. This is a challenging piece for the specialist, as a combined total of 27,578 Small Letters and Large Letters were struck in 1842. In their Encyclopedia of U.S. Gold Coins, Jeff Garrett and Ron Guth note, "The Small Letters 1842 half eagle is a very scarce coin, more so than any of the Philadelphia half eagles from 1839 to 1841. This date and variety combination is usually seen well worn. Most of the great collections that sold at auction in the last few decades lacked an example in high grade." They further state that only one Mint State specimen sold at auction between 1991 and 2006. NGC has graded two pieces in AU50, with 19 finer. This piece shows only mild evidence of friction over the highpoints. The green-gold surfaces are peppered with a number of small abrasions on both obverse and reverse.(Registry values: P7) (NGC ID# 28BE, PCGS# 8207)

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