Description and Analysis

Liberty Head $5
1843 O LARGE LETTERS $5 MS

Description & Analysis

Jeff Garrett: According to the auction records, the 1843-O, Large Letters issue is somewhat more common than the 1843-O, Small Letters variety. The issue is usually seen in various grades from Very Fine to Extremely Fine. Many examples are damaged or harshly cleaned. The 1843-O, Large Letters half eagle is quit scarce in grades of About Uncirculated or better. A handful of Mint State coins are known, with the finest grading MS-65. One of the best examples of the date the authors have seen was sold by Mid-American Rare Coin Auctions in 1991 to Ed Milas for his set of No Motto half eagles. The issue is sometimes seen with prooflike surfaces. An NGC MS64 example sold in October, 2011 for $29,900.