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30450

1842-C $5 Small Date AU58 PCGS....

2005 Ft. Lauderdale FL. (FUN) Signature Sale #360

 
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Auction Ended On: Jan 12, 2005
Item Activity: 5 Internet/mail/phone bidders
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Location: Fort Lauderdale, FL
Description:
Exceedingly Rare 1842-C Five Dollar, Choice AU58 PCGS
1842-C $5 Small Date AU58 PCGS. The 1842-C Small Date is the rarest Half Eagle from this mint and the rarest collectible Charlotte coin, trailing only the 1849-C Open Wreath Gold Dollar. There are an estimated 50-55 1842-C Small Date Half Eagles known with only 10 pieces in AU58 and six coins in Mint State from both services. Just 4,595 pieces were struck, and this is clearly one of the highlights of this sale.
A very early die state without the familiar obverse rim cud at 12 o'clock; as a result, the detail is excellent for the issue with sharp definition at the centers and borders. The neck of the eagle has only a hint of weakness of strike. Very attractive and original with natural yellow-gold and greenish color. There are no mentionable abrasions, other than a small mark on the rear of Liberty's neck, this being mentioned for future identification purposes. The ample remaining luster is somewhat prooflike, which is not a surprise given the low mintage. One of the finest known examples of this rare issue. Population: 3 in 58, 2 finer (10/04).
From The Gene Holland Collection of United States Coins, Part Two.(#8208) (Registry values: P8) (NGC ID# 25SV, PCGS# 8208)

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