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Lot
2255

1842-C $5 Small Date VF30 PCGS....

2010 April-May Milwaukee, WI CSNS US Coin Auction #1139

 
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Auction Ended On: Apr 29, 2010
Item Activity: 7 Internet/mail/phone bidders
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Location:

The Midwest Airlines Center
400 West Wisconsin Avenue
Milwaukee, WI 53203

Description:

1842-C Small Date Half Eagle, VF30
Rarest C-Mint Half Eagle
1842-C $5 Small Date VF30 PCGS. Variety 1, the only dies for the issue. The 1842-C Small Date half eagle boasts a minuscule mintage of 4,595 pieces, and the issue is the rarest five dollar gold coin from this storied Southern mint. Among all C-mint coins, only the excessively rare 1849-C Open Wreath gold dollar is rarer. Most examples seen are in well-worn condition, and examples grading higher than VF30 are rare. Doug Winter estimates a surviving population of only 60-80 examples, with 30-40 pieces in VF grades.
Moderate even wear shows over the design elements of this rare VF30 survivor. Numerous small abrasions are evident on each side, all consistent with the grade. The pleasing yellow-gold centers are framed by light reddish patina at the margins. Population: 6 in 30, 29 finer (3/10).(Registry values: P8) (NGC ID# 25SV, PCGS# 8208)

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