Lot 1976
1842-C $5 Liberty. Small date. PCGS graded AU-50. Very rare. Lightly toned. The 1842-C Small Date is among the most difficult Half Eagle issues from this mint and the rarest collectible Charlotte coin, trailing only the 1849-C Open Wreath Gold Dollar. There are an estimated 50-55 1842-C Small Date Half Eagles known with only 11 pieces higher than this in the PCGS roster. The reason why isn't hard to find. A check with the Red Book reveals there were only 4,595 pieces struck, and this is clearly one of the points of interest in this sale.
A very early die state without the obverse rim break or "cud" at 12 o'clock, the detail is bold for the issue with clear definition at the centers and borders. The neck of the eagle has only a hint of softness on the feathers. In point of fact, this is a highly attractive coin, one that displays original natural dusky gold and greenish color. There are no annoying abrasions. The ample remaining luster is found around the legends and devices. Few exist with luster, which is not a surprise given the low mintage. One of the finest known examples of this rare issue. Pop 2; 11 finer. (PCGS # 8208) .
Estimated Value $30,000 - 32,000.
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