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: $432.22 (11/27/2020)
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 - - - - - - - - - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

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: 11/24/2020 1842 LARGE LETTERS $5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---1-325234-----------20
-----------------------
-----------------------
-----------------------
Total---1-325234-----------20
 ---5%-15%10%25%10%15%20%----------- 

NGC Registry

NGC Registry Score 1842 LARGE LETTERS $5 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base1206164417992029251930473149360140204412508953676720740384943333333
1352169618762192269530813300374141514638518258186948776784943333333
0000003300374141514638518258186948776784943333300
0000003450388042814863527462697175813084943333300
1842 LARGE LETTERS $5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1138155817071928240129103009344738524231488851586473713882003333333
1278160817812086257129433155358239784450497855966695749282003333333
0000003155358239784450497855966695749282003333300
0000003301371741054669506860356916784682003333300
Registry Image Gallery
Grade: AU 58
Points: 4888
Owner: Desert Gold
 
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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.
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 >


NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.