Lot 2278
1842-C $5 Liberty. Small date. PCGS graded AU-50. Better than average strike and problem-free. Light pale greenish golden color. The 1842-C Small Date is the key Charlotte half eagle variety. It turns out that it is also the second rarest issue of all Charlotte coins, trailing only the acclaimed 1849-C Open Wreath gold dollar. 4,595 pieces were originally struck. However, most disappeared. It is estimated that today a mere 50 or so are extant in all grades. The striking definition is outstanding on this well defined coin. The hair curls and stars all show strong elements with the only area of softness (and it is minor) being the eagle's neck feathers. As we've already mentioned (and as the photographs clearly depict), the surfaces are clean and smooth with very minimal abrasions for this typically abraded rarity. One of the most sought-after of all Charlotte mint coins. Pop 2; 11 finer. Only one graded by PCGS in Mint State. (PCGS # 8208) .
Estimated Value $30,000 - 33,000.
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