LOT #3920 |
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1842-C $5 Small Date AU58 PCGS. Variety 1....
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Sold on Jul 10, 2014 for:
$49,937.50
Bid Source: Internet bidder
Description
1842-C Small Date Half Eagle, Rare AU58
Only Two Finer at PCGS
1842-C $5 Small Date AU58 PCGS. Variety 1. Not only is the
1842-C Small Date the rarest C-mint half eagle, it is also one of
the rarest issues produced by the Charlotte Mint overall, exceeded
in rarity only by the 1849-C Open Wreath gold dollar. The mintage
for the 1842 issue, consisting of both the Small Date (believed to
have been struck first, as the logotype is the same size as the
previous Charlotte half eagle issue) and Large Date varieties, was
just 27,432 coins, and it is estimated only 60 to 80 Small Date
survivors are known. Only 47 examples have been certified by PCGS
in all grades, while NGC reports just 24 pieces. Of these, only 13
have been awarded the AU58 grade level, while just seven have been
deemed worthy of a higher grade (6/14).This near-Gem example exhibits an essentially sharp strike overall, though both sides reveal areas of typical softness around the border dentils. The surfaces display prevailing yellow-gold patina, contrasting against areas of deeper yellow and hints of pale green and orange. As expected at this grade level, scattered abrasions appear, none worthy of individual mention. Tiny flakes of dark residue appear at parts of the upper reverse rim.(Registry values: P8)
Coin Index Numbers: (NGC ID# 25SV, PCGS# 8208, Greysheet# 8965)
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.
Auction Info
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando #1207 (go to Auction Home page)
Auction Dates
July, 2014
10th-13th
Thursday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 1,822
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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