Lot 2140
1838-D $5 Classic Head. NGC graded EF-45. Nice golden colors. Only 20,583 pieces struck. Some marks on both sides. Pleasing toned surfaces with sharp design details and only a few very minor surface marks. Most noticeable is one between stars 1 and 2. A wonderful example of this important variety, the first and only Dahlonega Mint of the Type, and a desirable design inasmuch as it has the mintmark on the obverse above the date rather than hidden away on the reverse as in later issues.
The entire production of 20,583 coins was produced from a single die pair, thus just one variety is known. In the far-flung numismatic community it is believed that only a few Mint States can be accounted for.
This year is described by McCloskey as "1A. Fancy 8, single forehead curl. No berry in branch, no tongue, arrow feather over center of 5. Common variety. Minor clash marks. The reverse is cracked through tops of MERICA." Pop 18; 75 finer (PCGS # 8178) .
Estimated Value $4,000 - 4,500.
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| Realized $5,290 |
