Coin Specifications

Category: Liberty Head $5 (1839-1908)
Mint: Philadelphia
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 8.3600g
AGW: 0.2419oz
Melt Value: $360.79 (10/20/2019)
Diameter: 21.6mm
Edge: Reeded
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1842 LARGE LETTERS $5 MS obverse 1842 LARGE LETTERS $5 MS reverse
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Description & Analysis

The 1842 Large Letters is a very scarce issue that represents the minority of P-mint Half Eagle production for the year, initially 27,578 pieces, being struck months after the initial delivery of its Small Letters counterpart. It can be distinguished from the Small Letters variety by the closer spacing on the reverse peripheral legends.

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: 8/28/2019

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

1842 LARGE LETTERS $5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 850 1000 1250 1700 2800 3750 4850 6000 7500 - - - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 20
Low Grade: F
Average Grade: 50
High Grade: 58

The chart showing F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series.
NGC CENSUS DETAIL Last Updated: 10/8/2019 1842 LARGE LETTERS $5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---1-325234-----------20
-----------------------
-----------------------
-----------------------
Total---1-325234-----------20
 ---5 %-15 %10 %25 %10 %15 %20 %----------- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
10/18/1999 NGC XF 40   Teletrade Auction 1224, 1224/Lot# 2072 $1,213.25
1/3/2007 PCGS AU 58   Heritage Auctions 2007 January Orlando, FL (FUN) Signature Coin Auction #422, 422/Lot# 5831 $5,778.75
2/3/2011 NGC AU 50   Heritage Auctions 2011 February Long Beach Signature US Coin Auction Session(3), 1152/Lot# 4454 $2,760.00
1/24/2012 NGC AU 58   Stack's Bowers The January 2012 Americana Sale, 134/Lot# 10624 $4,887.50
1/8/2014 NGC Details AU Details  Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(8), 1201/Lot# 10074 $1,527.50
4/22/2015 NGC Details AU Details  Heritage Auctions 2015 April 22 - 26 CSNS US Coins Signature Auction - Chicago Session(6), 1219/Lot# 6184 $1,527.50


NGC Registry

NGC Registry Score 1842 LARGE $5 MS LETTERS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1206164417992029251930473149360140204412508953676720740384943333333
1352169618762192269530813300374141514638518258186948776784943333330
0000003300374141514638518258186948776784943333300
0000003450388042814863527462697175813084943333300
1842 LARGE $5 MS LETTERS
 PrAgGVGFVF4045505355586061626364656667686970
Base1138155817071928240129103009344738524231488851586473713882003333333
1278160817812086257129433155358239784450497855966695749282003333330
0000003155358239784450497855966695749282003333300
0000003301371741054669506860356916784682003333300
Registry Image Gallery
Grade: AU 58
Points: 4888
Owner: Desert Gold
 
View the Registry Image Gallery

Related Articles

The Coinage of 1842: Part Two

1/1/2007 — David Lange continues his in-depth retrospective of 1842 coinage.
View full article >
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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