1842 $5 Large Letters MS63

CERTIFICATION#: -35300
PCGS#: 8206

Owner's Comments

PCGS grade. Ex. Green; Farouk (1954) Sold by David Akers Numismatics Oct '97 Price realized $17600

Expert Comments

Gordon Wrubel: As you can see by the great photos above, there are obvious differences between the Large Letter (LL) and Small Letter (SL) reverses of the 1842 $5. The puncheons on the LL are tall and about twice the size of the SL. They are crowded, almost touching at their bases. The tops of the letters are CLOSE to the rim. The SL reverse puncheons are squared, about as wide as they are tall. The letters are widely spaced and AWAY from the rim.David Akers (1975/88): For years the 1842 Large Letters has been claimed to be more common than the 1842 Small Letters. However, as the auction records clearly show, this is not the case. The Large Letters variety appears at auction only half as often as the Small Letters variety. In fact, the 1842 large Letters has fewer auction appearances than any other Philadelphia Mint Liberty Head Half Eagle except the 1875. It is an extremely rare coin.

Diameter: 21.65 millimeters Designer: Christian Gobrecht Edge: Reeded
Mintage: 27,578 Weight: 8.24 grams Metal Content: 90% Gold, 10% Copper

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 47 R-8.5 13 / 112 TIE 15 / 218 TIE
60 or Better 3 R-9.8 18 / 112 TIE 31 / 218 TIE
65 or Better 0 R-10.1 1 / 112 1 / 218

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS64 PCGS grade
2 MS63 PCGS grade  
3 MS61 PCGS grade  
4 AU58 PCGS grade  
5 AU53 PCGS grade