Coin Specifications

Category: Classic Head $5 (1834-1838)
Mint: Charlotte
Mintage: 17,179
Obverse Designer: William Kneass
Reverse Designer: William Kneass
Composition: Gold
Fineness: 0.8990
Weight: 8.3600g
AGW: 0.2416oz
Melt Value: $312.92 (11/18/2017)
Diameter: 22.5mm
Edge: Reeded
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1838 C $5 MS obverse 1838 C $5 MS reverse


  
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Description & Analysis

Jeff Garrett: This date has the lowest mintage of the Classic Head type. In terms of rarity, the 1838-C issue is slightly rarer than the 1838-D, but not quite as rare as the 1834, Crosslet 4. The 1838-C half eagle circulated widely, so it is difficult to find examples above Extremely Fine. Consequently, Mint State examples are extremely rare, with only four examples certified by the NGC to date. The finest example seen is an MS-63 that sold in 1999 for $86,250 at auction, setting the price record for the date. The Smithsonian has four examples, none finer than AU-58. All 1838-C half eagles were struck from the same reverse, which often features a diagonal die crack running from rim to rim.

GRADE SUMMARY

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Price Guide

Last Updated: 8/18/2017

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1838 C $5 MS
  GVGFVFXF505355586061626364656667686970
Base $ - 2350 3250 4750 9900 16000 19000 24000 34000 55000 72500 90000 270000 - - - - - - -
$ - - - - - - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 107
Low Grade: G
Average Grade: 45
High Grade: 62


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/6/1999 PCGS VF 25   Teletrade Auction 1171, 1171/Lot# 1687 $1,899.00
1/9/2008 PCGS AU 58   Heritage Auctions 2008 January Orlando, FL (FUN) Signature Coin Auction #454, 454/Lot# 3162 $25,300.00
6/27/2008 NGC AU 58   Teletrade Auction 2549, 2549/Lot# 1090 $20,160.00
6/17/2010 NGC XF 45   Stack's Bowers The June 2010 Baltimore Auction, 41/Lot# 3628 $9,200.00
1/31/2011 NGC XF 45   David Lawrence Rare Coins Monday - Internet Auction # 554, 561/Lot# 538 $6,038.65
1/29/2012 PCGS XF 40   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 1480 $6,900.00
12/13/2012 NGC XF 45   Bonhams Coins and Medals, 20086/Lot# 1132 $6,435.00
6/5/2013 PCGS VF 35   Heritage Auctions 2013 June 5 - 9 US Coin Signature Auction - Long Beach Session(3), 1186/Lot# 4765 $6,462.50
11/10/2013 PCGS Genuine VF   GreatCollections GreatCollections Coin Auctions 11/10/2013, 100/Lot# 116860 $1,301.30


NGC Registry

NGC Registry Score 1838 $5 MS C Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base0000000000000000000000
0000000000000000000000
0000000000000000000000
0000000000000000000000
1838 $5 MS C
 PrAgGVGFVF4045505355586061626364656667686970
Base246425252671308038175104556360486473748782479197982111294132811911527340397570000
2484257428073326424652575725619068117740856494051031211956152262185731479397570000
0000005725619068117740856494051031211956152262185731479397570000
0000005886633171497994888096131080312619171702459835618397570000
Registry Image Gallery
Grade: MS 60
Points: 9197
Owner: Labelman87
 
Grade: AU 58
Points: 8247
Owner: BillJones
 
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