Lot 3806
1840-O $5 Liberty. PCGS graded MS-61. Well struck. Only 40,120 minted. Narrow Mill, small O Mintmark. A choice, frosty yellow gold beauty with strong luster and a sharp strike. An unsung rarity among early Liberty half eagles, easily as rare in Mint State as a Charlotte or Dahlonega issue of the date despite its larger mintage of 40,120 pieces. The 1840-O is typically found in circulated grades, with AU coins being quite rare, and Mint State pieces being of unusual rarity. An outstanding example of the date, a coin with lots of charm and, judging by the population figures, one that has strong claims to finest known honors. A prime opportunity!
As a rule, the early gold issues of the New Orleans Mint are as rare in Mint State as their contemporary issues from the sister mints in Charlotte and Dahlonega, although they are not so well appreciated as those issues. PCGS #05363660. Pop 3; 2 in 62; 1 in 63. (PCGS # 8200) .
Estimated Value $10,000 - 12,000.
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