1838-D $5

Description

Rare and Popular Mint State 1838-D

1838-D $5 MS 61 PCGS. Very well struck and frosty with attractive light green-gold and yellowish coloration. There are some scattered marks on the surfaces as one would typically expect from a coin in this grade. The most noticeable of these is a thin, fine horizontal scratch on the lower part of the bust. A very pleasing coin for the grade.
Like most first year of issue coins, 1838-D half eagles were saved as souvenirs. There are as many as 175-200 pieces known, with well over half of these grading VF to XF. In AU, the 1838-D is more plentiful than generally assumed, with around 40-45 survivors. Choice, original AU coins are very scarce and the 1838-D is a rare issue in Mint State, with an estimated population of seven to nine coins.
From the Chestatee Collection.

Coin Index Numbers: (PCGS# 8178, GSID# 8882)

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.2419oz
Mintage: 20,583

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

View Certification Details from PCGS