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: $274.51 (8/29/2015)
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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There are no NGC varieties for this coin.

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.


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Price Guide

Last Updated: 3/27/2015

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

1844 C $5 MS
Base $ 1075 1275 1600 2150 3550 5750 6850 7800 11750 18700 24000 42000 - - - - - - -
$ 4000 - 7350 8800 13750 - 27500 - - - - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Total Graded: 87
Low Grade: G
Average Grade: 50
High Grade: 63

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
8/13/1999 NGC AU 50   Heritage Auctions 1999 ANA Signature Sale #208, 208/Lot# 7978 $6,325.00
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
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
1/29/2012 PCGS XF 45   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 1503 $2,990.00
5/12/2013 PCGS Genuine AU   GreatCollections GreatCollections Coin Auctions 05/12/2013, 74/Lot# 113883 $2,271.50

NGC Registry

NGC Registry Score 1844 C $5 MS
1844 C $5 MS Prooflike
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