Description and Analysis

Liberty Head $5
1848 C $5 MS

Description & Analysis

While this date is among the more readily available Charlotte Mint half eagles, very few have survived in high grade. The mintage for this issue totaled 64,472 coins, the fifth highest production of any issue in the history of the Charlotte Mint. Only the 1847, 1849, 1852, and 1853 Charlotte half eagles had higher mintages. Although Doug Winter suggested a total survival of approximately 150 coins, he recorded just three or four Mint State examples in the second edition of Charlotte Mint Gold Coins. Since that time, the unrecorded Bass Collection coin, a Mint State survivor, appeared on the market. Another 16 to 18 AU coins were also mentioned, after which all remaining survivors show moderate to extensive wear or damage, or both.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.