1842-C $5 Large Date MS60 NGC. Variety 1....

Description

1842-C Large Date Five, MS60
Underrated Charlotte Half Eagle

1842-C $5 Large Date MS60 NGC. Variety 1. Ex: Hilt Collection. Although not quite as elusive as its more famous Small Date counterpart, the 1842-C Large Date half eagle is a notably scarce issue in all grades, and per Doug Winter is "an underappreciated issue ... scarcer than most non-specialists realize." It is believed only 110 to 140 coins are extant in all grades; this ranks the 1842-C Large Date as the third-rarest half eagle from this mint, trailing only the Small Date issue of the same year and the 1846-C. Most examples grade in the VF to XF range, and this issue becomes a major rarity in Mint State, with only seven to nine true Mint State coins estimated to exist, per Doug Winter.

This piece is unusually sharp for the issue, particularly on the stars, the hair curls around Liberty's face, and the entire eagle. Satiny luster illuminates warm honey-gold patina over each side. No singularly obtrusive abrasions are present, and we instead note only minor chatter in the fields that limits the grade. An outstanding example of this elusive Charlotte issue.
From The Liberty USA Collection, Part 2.(Registry values: P5)

Coin Index Numbers: (NGC ID# 25SW, PCGS# 8209, Greysheet# 8966)

Metal: 90% Gold, 10% Copper
Weight: 8.36 grams
AGW: 0.27oz
Mintage: 27,432

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.

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