Coin Specifications

Category: Liberty Head $5 (1839-1908)
Mint: Charlotte
Mintage: 28,184
Catalog: KM-69
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 8.3590g
AGW: 0.2419oz
Melt Value: $316.26 (7/23/2014)
Diameter: 21.6mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1842 C SMALL DATE $5 MS obverse 1842 C SMALL DATE $5 MS reverse


  
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Description & Analysis

Any 1842-C half eagle is a valuable and scarce coin, but when die varieties are considered, one sticks out: the Small Date, which forms a distinct, small minority of survivors. Doug Winter, in his Gold Coins of the Charlotte Mint, gives an excellent summation of this prized rarity: 'There were two varieties of half eagle struck at the Charlotte Mint in 1842. It is easy to determine that the Small Date coins were struck first as they show the same date size as on the Charlotte half eagles dated 1840 and 1841.

The 1842-C Small Date is the rarest Charlotte half eagle. It is also the second rarest Charlotte coin, trailing the excessively rare 1849-C Open Wreath gold dollar. This variety has long been considered a full-fledged member of the Charlotte half eagle series and no date set is truly complete without an example.'

Out of a blanket mintage of 27,578 pieces, Winter assigns a mintage of just 4,595 pieces to the Small Date variety, and comparison to nearby issues reveals how small this figure is, even in the context of early Charlotte half eagles. Further contemplating the scenario is the question of strike, which further subdivides the Small Date variety into State I and State II coins, based on whether or not the coins show a rim cud near 12 o'clock on the reverse. Winter speculates that the perfect-die coins are part of ' ... the first 2,555 pieces which were produced on March 22, 1842.'

As Winter writes in his summation for the issue, 'The 1842-C Small Date is the rarest half eagle from this mint and it is the rarest collectible coin from Charlotte.'

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 7/9/2014

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1842 C SMALL DATE $5 MS
  GVGFVF4045505355586061626364656667686970
Base $ - - 7750 11750 21000 21000 29000 32000 39000 53500 80000 92500 130000 170000 - - - - - - -
$ 23000 31000 35000 44000 62500 - - - 205000 - - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 24
Low Grade: VF
Average Grade: 53
High Grade: 63


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/5/2006 PCGS XF 40   Goldberg February 5-8, 2006 Pre-Long Beach Coin and Currency Auction, 34/Lot# 1089 $14,950.00
5/30/2012 NGC XF 40   Stack's Bowers The June 2012 Baltimore Auction, 137/Lot# 4280 $5,875.00
8/2/2012 PCGS MS 63   Heritage Auctions 2012 August 2-5 US Coins Signature Auction- Philadelphia Session(4), 1173/Lot# 5359 $141,000.00
10/17/2012 PCGS AU 55   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 3273 $25,300.00
3/31/2013 PCGS XF 40   GreatCollections GreatCollections Coin Auctions 03/31/2013, 68/Lot# 106425 $17,355.80
1/8/2014 PCGS AU 58   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(3), 1201/Lot# 5445 $49,937.50


NGC Registry

NGC Registry Score 1842 C SMALL DATE $5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1113447509174318106868698351046811288117701217813914214482920340492571431111
11114939955871765682999069100461074111448119061275616425240333296646042571431110
00000082999069100461074111448119061275616425240333296646042571431100
00000084929452102571101411609120421333518936266183672951592571431100
1842 C SMALL DATE $5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base11136015297770485639278103281091911693121531257114347220442995241445583721111
11120141666099799088019628105251117711846122921316316912246803378347087583721110
00000088019628105251117711846122921316316912246803378347087583721100
00000090399978107221143511999124311375519478273163761452729583721100
Registry Image Gallery

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