Coin Specifications

Category: Liberty Head $5 (1839-1908)
Mint: Philadelphia
Mintage: 27,578
Catalog: KM-69
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 8.3590g
AGW: 0.2419oz
Melt Value: $313.62 (7/31/2014)
Diameter: 21.6mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1842 $5 MS obverse 1842 $5 MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

This is a challenging piece for the specialist, as a combined total of 27,578 Small Letters and Large Letters were struck in 1842. In their Encyclopedia of U.S. Gold Coins, Jeff Garrett and Ron Guth note, 'The Small Letters 1842 half eagle is a very scarce coin, more so than any of the Philadelphia half eagles from 1839 to 1841. This date and variety combination is usually seen well worn. Most of the great collections that sold at auction in the last few decades lacked an example in high grade.' They further state that only one Mint State specimen sold at auction between 1991 and 2006. NGC has graded two pieces in AU50, with 14 finer (6/07). This AU50 piece shows only mild evidence of friction over the highpoints. Sharp definition is noted over all of the design elements. The green-gold surfaces are peppered with a number of small abrasions on both obverse and reverse.

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.

1842 $5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 575 600 650 800 1275 1275 2850 4500 5600 8100 11500 15500 20000 - - - 110000 - - - -
$ 1450 3350 5000 6250 8750 - - - - - - - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 23
Low Grade: 40
Average Grade: 53
High Grade: 65


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/10/1993 PCGS AU 55   Heritage Auctions NGC East Coast Expo Bullet Sale #114, 114/Lot# 765 $4,180.00
5/19/1995 PCGS AU 50   Heritage Auctions 1995 May New Jersey Bullet Sale #135, 135/Lot# 453 $1,925.00
11/6/2007 PCGS AU 53   Heritage Auctions 2007 November Dallas, TX US Coin Signature Auction #452, 452/Lot# 2016 $3,737.50
12/2/2010 NGC XF 45   Heritage Auctions 2010 December Houston Signature US Coin Auction Session(3), 1147/Lot# 4413 $1,840.00
9/25/2013 PCGS AU 55   Heritage Auctions 2013 September 25 - 29 US Coins Signature Auction - Long Beach Session(6), 1189/Lot# 6771 $6,462.50
1/8/2014 NGC MS 62   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(5), 1201/Lot# 6634 $15,275.00


NGC Registry

NGC Registry Score 1842 $5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base111172523352754310338994319485051585264556365457859100431581821966310454462365182
11124212612474287033684039449649525193536358906983858711968178672499235571514760
00000028703368403944964952519353635890698385871196817867249923557100
00000029863633417946735055522854636217742193151389319916280184009700
Registry Image Gallery

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Related Articles

The Coinage of 1842: Part Two

1/1/2007  — David Lange continues his in-depth retrospective of 1842 coinage.
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The Coinage of 1842: Part One

12/1/2006  — 1842 was a distinctive transition year for U.S. coin denominations, as David Lange demonstrates in the following retrospective.
View full article >


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