Lot 1978
1842-D $5 Liberty. Small date. PCGS graded MS-62. Well struck with even toning on both sides. Well detailed for this more difficult D-mint half eagle, a low mintage year, with soft golden-brown highlights that add considerably to the appeal of this nearly Mint State 63, clean surfaced specimen. Devices as "sharp as a two-edged sword" as they say, which is most unusual, but because this is an early date, and possibly an early strike from new dies, it shows excellent detail on both sides.
From the Ashland City sale description: "In 1842, the Dahlonega mint experimented with date and lettering size. This was part of a period of experimentation at every mint that lasted from 1838 to 1843. The reasons for the frequent, subtle changes on gold coins during this era were most probably related to issues of standardization of design and improvements in strike. The 1842-D Small Date is much more available than its Large Date counterpart (the exact opposite is true on the Charlotte half eagles dated 1842 where the 1842-C Small Date is the rarity). There are an estimated 175-200 pieces known with 28-33 in AU and seven to nine in Uncirculated. Unlike the 1841-D, there are no very choice 1842-D Small Date half eagles known. We are aware of four distinct PCGS MS62 coins and another three that have been graded as such by NGC." Pop 4; none finer. (PCGS # 8210) .
Estimated Value $13,000 - 15,000.
Ex: Ashland City.
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