1848-C $5 MS61 NGC....

Description

Scarce Mint State 1848-C Five

1848-C $5 MS61 NGC. Variety 1. The 1848-C is a scarce C-mint five, even though 64,472 pieces were produced. It is also a condition rarity, with AU pieces rare and Uncirculated coins unknown until the past 10 years or so. The Condition Census for this issue includes coins that grade 64, 64, 63, 62, 62. This piece would place just below Winter's latest Condition Census (2008) in the third edition of the C-mint reference. This coin has an exceptionally sharp strike. The hair around Liberty's face shows strong definition for the issue, and the only weakness on the reverse is slight softness on the eagle's neck and left (facing) leg. Numerous small field marks appear on each side, none worthy of individual mention. Bright yellow-gold coloration complements just a tinge of reddish patina.(Registry values: P4)

Coin Index Numbers: (NGC ID# 25TT, PCGS# 8237, Greysheet# 8988)

Weight: 8.36 grams

Metal: 90% Gold, 10% Copper

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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