Coin Specifications

Category: Liberty Head $5 (1839-1908)
Mint: Charlotte
Mintage: 23,631
Catalog: KM-69
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 8.3590g
AGW: 0.2419oz
Melt Value: $294.51 (9/22/2014)
Diameter: 21.6mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1844 C $5 MS obverse 1844 C $5 MS reverse


  
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Description & Analysis

For the first seven years of its existence, the Charlotte Mint played second fiddle to the private Bechtler Mint in North Carolina. The situation changed markedly, however, in 1844. Under the new direction of Christopher Bechtler, Jr., the private gold coins of the Tarheel State became suspect in the eyes of the local population. Of dubious weight and fineness, the once widely popular Bechtler pieces disappeared from circulation almost overnight. Into this coinage vacuum, for the first time since its opening in 1838, stepped the Charlotte Mint. Until the outbreak of the Civil War, this branch mint's products would serve as the principle medium of exchange in North Carolina and the surrounding areas. The new found fame of the Charlotte Mint had a negative effect on its 1844 half eagle issue. The demise of the Bechtler pieces meant that this issue was sorely needed in the avenues of commerce. The lack of half eagle production at Charlotte in 1845 only exacerbated this problem and ensured that the vast majority of the 23,631 1844-Cs entered circulation and remained there. Today, this issue is the third rarest of the entire C-mint half eagle series.

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

Click on a price to see historical prices, comparison charts and trends.

1844 C $5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 1075 1275 1600 2050 3550 3550 5900 6850 8050 11750 16750 18500 23000 41000 - - - - - - -
$ 4000 6350 7350 8800 13750 18000 21000 25500 - - - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 86
Low Grade: F
Average Grade: 50
High Grade: 63


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
9/30/2014 AU 53   Heritage Auctions Internet Coin Auction Session(2), 131439/Lot# 30046


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/8/2008 PCGS AU 50   Teletrade Auction 2539, 2539/Lot# 2820 $4,592.00
2/1/2009 NGC MS 60   Goldberg February 1-4, 2009 Pre-Long Beach Coin and Currency Auction, 51/Lot# 1463 $10,925.00
2/4/2009 NGC AU 53   Heritage Auctions 2009 February Long Beach, CA Signature US Coin Auction #1122, 1122/Lot# 2718 $3,220.00
5/4/2009 NGC MS 60   David Lawrence Rare Coins Monday - Internet Auction # 369, 375/Lot# 963 $13,800.00
2/15/2010 NGC AU 58   Stack's Bowers The March 2010 Baltimore Auction, 33/Lot# 3747 $6,555.00
9/19/2010 NGC AU 55   Goldberg September 19-21, 2010 Pre-Long Beach Coin Auction, 60/Lot# 2861 $6,325.00
3/8/2012 NGC AU 53   Heritage Auctions 2012 March 8-9 US Coin Signature Auction - New York Session(2), 1168/Lot# 4047 $4,600.00
11/10/2013 PCGS Genuine AU   GreatCollections GreatCollections Coin Auctions 11/10/2013, 100/Lot# 116879 $1,668.70
8/5/2014 NGC AU 53   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(2), 1208/Lot# 3867 $3,525.00


NGC Registry

NGC Registry Score 1844 C $5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base15051598169517971903308535373919488653916025639168207176970212911177122473935160364243772239053
15361630172918322297323536644241505456026147653469388018107711451120054282123558136856381650
0000003664424150545602614765346938801810771145112005428212355813685600
0000003791456352225813626966777057886011841161112239631686360023728900
1844 C $5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base158916861787189320033228369540895087560662596635707774411003413321182302540236019373063820339115
16211719182219292411338338264421526058236384678271988305111291495720620289413644837605385070
0000003826442152605823638467827198830511129149572062028941364483760500
0000003957475454336041650969297319916912225165932301132480368773790400
Registry Image Gallery
Grade: MS 63
Points: 9702
Owner: Summer97
 
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