Lot 1453
1840-C $5 Liberty. NGC graded MS-61. In NGC holder 1585213-001. Boldly struck with nice wide borders and semi-reflective surfaces throughout. Some scattered marks here and there, none of which are too serious. A fabulous high grade example of this rare and important "C" mint issue. A total of 18,992 were struck with this beauty being among the finest. Pop 3; 1 finer in 64 (PCGS # 8196) .
Die notes: Broad Mill variety as always seen. (None have been recorded with Narrow Mill.) Probably one of the five or six finest known examples. The regular date logotype is punched very deeply into the die, as is the case on many instances throughout Charlotte and Dahlonega coinages -- leading to speculation by some experts that such dies may have been made with deeper, stronger features for shipment to branch mints, since they were more apt to be relapped from time to time at those distant locations as the dies clashed. By comparison, at Philadelphia new dies could be procured on short notice if there was a problem, so there was little need to keep old dies in service beyond a certain point.
Estimated Value $20,000 - 22,000.
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| Realized $18,975 |
