Lot 1455
1842-C $5 Liberty. Small date. PCGS graded AU-55. The classic rarity of all Charlotte mint half eagles. A well struck example and with the exception of some minor handling in the fields, a wonderful problem free example of this important sought-after issue. The lovely golden-orange overtones addd to its eye appeal.
This is truly an extremely rare coin in high grade, only 4,595 were struck (Breen), and some of those were melted for assay purposes. The die broke on March 22, 1842, resulting in examples that show a sharp die break at the top of the obverse. This is an earlier strike, since no sign of the die break, or crack, is visible.
Long known as the second rarest collectible Charlotte Mint gold coin (behind the ultra rare 1849-C open wreath gold dollar) the finest example is the MS-62 piece in the Paul Dingler Collection (Ex: Elrod). Certainly one of the highlights of any gold collection, this lovely AU55 will be the crowning glory of the most advanced set of half eagles. The delicately toned fields show scattered ticks from brief circulation, but there is very little wear on the upper hair of Liberty or on the reverse eagle. Pop 2; 7 finer, 6 in 58, 1 in 62 (PCGS # 8208) .
Estimated Value $32,000 - 34,000.
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| Realized $29,900 |
