Coin Specifications

Category: Liberty Head $5 (1839-1908)
Mint: Charlotte
Mintage: 6,879
Catalog: KM-69
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 8.3590g
AGW: 0.2419oz
Melt Value: $287.38 (11/28/2014)
Diameter: 21.6mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1861 C $5 MS obverse 1861 C $5 MS reverse


  
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Description & Analysis

In addition to ranking seventh out of the 24 C-mint half eagle issues in terms of overall rarity, the 1861-C is an important coin due to the enigmatic history of the Charlotte Mint's final year of production. Records indicate that 6,879 half eagles bearing this date and mintmark were originally produced. Perhaps as many as 887 of these coins were delivered in May 1861. Since the Charlotte Mint had fallen into rebel hands on April 20, this last group of coins was produced under the auspices of the Confederacy. Numismatic scholars have spilled a considerable amount of ink trying to distinguish federal 1861-C half eagles from their Confederate counterparts. Rust pits and die cracks have both been cited as diagnostic features of the Confederate strikings.

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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1861 C $5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 2400 2900 3450 4350 8100 8100 11000 13000 19000 22000 29500 32500 - 105000 - - - - - - -
$ 8750 12000 14500 20000 24000 31500 36000 - - - - - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 77
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
10/13/1997 PCGS AU 50   Teletrade Auction 0988, 988/Lot# 2053 $5,908.00
2/12/1999 PCGS XF 45   Heritage Auctions 1999 February Long Beach Sale #197, 197/Lot# 6302 $4,600.00
9/21/2005 NGC MS 61   Heritage Auctions 2005 September Long Beach Signature Auction #384, 384/Lot# 4611 $29,900.00
2/5/2006 PCGS AU 58   Goldberg February 5-8, 2006 Pre-Long Beach Coin and Currency Auction, 34/Lot# 1174 $12,075.00
2/11/2007 NGC AU 58   Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 2322 $10,350.00
8/15/2011 NGC AU 58   Stack's Bowers The August 2011 Chicago ANA World's Fair of Money Auction, 115/Lot# 7685 $13,800.00
6/1/2014 PCGS   GreatCollections GreatCollections Coin Auctions 06/01/2014, 198/Lot# 198462 $3,219.70


NGC Registry

NGC Registry Score 1861 C $5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base111119072910378344315158556360896400695186861104716995240793469450794111
11163622413201399946735293573861926583752994731302919356276174006050794110
000000399946735293573861926583752994731302919356276174006050794100
0000004215491554285913629667678107102601501221717311554542750794100
1861 C $5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111111111111111111
1111111111111111111110
0000001111111111111100
0000001111111111111100
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