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1842-C $5 Small Date AU58 NGC. Winter 4-C, the only known dies. Die State I. The rarest collectible.

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1842-C $5 Small Date AU58 NGC. Winter 4-C, the only known dies. Die State I. The rarest collectible.
1842-C $5 Small Date AU58 NGC. Winter 4-C, the only known dies. Die State I. The rarest collectible coin from the Charlotte Mint, the 1842-C Liberty Half Eagle was produced to the extent of just 4,595 pieces. The first 2,555 pieces were delivered on March 22, 1842, and they are all thought to have been of the present die state (no obverse cud at 12 o'clock). The 50-55 coins that Winter (1997) believes are extant include a mere 5-7 pieces at the AU level of preservation. With only one Uncirculated survivor (again, per Winter), the present near-Mint representative easily qualifies for Condition Census standing. As befits an example of Die State I, this coin exhibits an overall sharp strike. The only appreciable softness of detail is seen on the reverse over the eagle's neck feathers, and some of that is due to light rub from circulation. Actually, there is only the barest trace of wear, and the green-gold surfaces display a mostly bright sheen. There is some scuffiness from light handling, but the only worthwhile pedigree markers are concentrated around the obverse date: a pinscratch from the rim into the field before the 1, and a small indentation on the rim below the right foot of the same digit. There is also a tiny planchet flaw (as struck) at 3 o'clock on the obverse rim and in the corresponding area on the reverse. We have confirmed only two recent auction appearances of AU58 1842-C Small Date Half Eagles: 1. Ex: 1999 FUN Signature Sale--The North Georgia Collection (Heritage, 1/99), lot 7783; April 2002 Central States Signature Sale (Heritage, 4/02), lot 6974. This coin, graded by PCGS, was formerly owned by Winthrop Carner and a Michigan dealer, and it is tied for second finest honors on Winter's 1997 Condition Census. 2. Ex: The Benson Collection, Part I (Goldbergs, 2/01), lot 4014. Certified by NGC, but distinct from the present example. Important notice: We expect to be auctioning lots at the rate of 200-250 per hour. Sometimes eBay Premier live bid software cannot keep up with that pace, so we strongly recommend that you place a realistic proxy bid now as insurance to avoid disappointment. Also please note that all Heritage/CAA lots purchased through eBay Premier carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions.