1049

1846-D $5 AU58 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1846-D $5 AU58 PCGS.
1846-D $5 AU58 PCGS. Variety 15-J. (per Doug Winter's second edition and revised attribution system). Very low date with the 6 leaning slightly to the right. This is one of three varieties known for this issue.RARITY INFORMATION: The 1846-D/D half eagle gets all the publicity but the normal mintmark variety is substantially scarcer, especially in high grades. In fact, it is ranked as the second rarest Dahlonega half eagle in higher grades. There are just a dozen or so pieces known in properly graded AU and two pieces in Uncirculated. Both of these have been graded MS61 by PCGS with one in the Auraria Collection and the other in the Duke's Creek Collection. As of November 2003, PCGS had only graded two in AU58 with two better. This is clearly an extremely undervalued coin that should sell for a far greater premium over the 1846-D/D half eagle than it currently does.STRIKE: The strike is much sharper than usually seen with good detail at the centers. The obverse is especially sharp and does not show weakness at the denticles below and to the left of the date as frequently seen.SURFACES: This issue is always seen with heavily abraded surfaces. On this example, there is a noticeable obverse scrape that runs from the back of Liberty's head to the rim at the inside of the final star. On the reverse there are a pair of shallow scrapes below ME in AMERICA.LUSTER: A considerable amount of luster can be seen in the protected areas. Most 1846-D normal mintmark half eagles are worn to the point that no luster remains.COLORATION: Very attractive, original orange-gold and lilac color is present on both sides. Almost every 1846-D normal mintmark half eagle has been cleaned or dipped and pieces that show nice original color are worth a strong premium.EYE APPEAL: This is a pleasing coin. With the exception of the obverse marks described above, the surfaces are well above average while the color and strike are excellent. Examples with good eye appeal are very rare.COMPARABLES: In the October 1999 Bass II sale, a PCGS MS61 example, offered as lot 962, brought $18,400. No other high grade 1846-D normal mintmark half eagles have sold at auction in the past few years.PEDIGREE: Ex: Doug Winter/Lee Minshull; Goldberg's (9/00), lot 898 ($4,600). This is the plate coin in the second edition of Doug Winter's book "Gold Coins of the Dahlonega Mint 1838-1861." It is listed in the current Condition Census as being tied with a few others coins as the third finest known. Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.