1842 $5 Small Letters (Regular Strike)

Series: Liberty Head $5 1839-1908

PCGS MS65

PCGS MS65

REVERSE COMPARISON

REVERSE COMPARISON

PCGS MS62

PCGS MS62

PCGS #:
8207
Designer:
Christian Gobrecht
Edge:
Reeded
Diameter:
21.65 millimeters
Weight:
8.36 grams
Mintage:
27,578
Mint:
Philadelphia
Metal:
90% Gold, 10% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 107 R-7.9 39 / 112 TIE 61 / 218 TIE
60 or Better 2 R-9.9 7 / 112 TIE 13 / 218 TIE
65 or Better 1 R-10.0 1 / 112 TIE 1 / 218 TIE
Survival Estimate
All Grades 107
60 or Better 2
65 or Better 1
Numismatic Rarity
All Grades R-7.9
60 or Better R-9.9
65 or Better R-10.0
Relative Rarity By Type All Specs in this Type
All Grades 39 / 112 TIE
60 or Better 7 / 112 TIE
65 or Better 1 / 112 TIE
Relative Rarity By Series All Specs in this Series
All Grades 61 / 218 TIE
60 or Better 13 / 218 TIE
65 or Better 1 / 218 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS66 PCGS grade
2 MS65 PCGS grade

D.L. Hansen Collection

2 MS65 estimated grade

Edward Milas Collection - Stack's 5/1995:442, $57,750 - New Orleans Collection - Heritage 4/2015:5331, $56,400

4 AU58 PCGS grade
4 AU58 estimated grade
4 AU58 estimated grade
4 AU58 estimated grade
4 AU58 estimated grade
9 AU55 PCGS grade
10 AU53 PCGS grade
#1 MS66 PCGS grade
#2 MS65 PCGS grade

D.L. Hansen Collection

#2 MS65 estimated grade

Edward Milas Collection - Stack's 5/1995:442, $57,750 - New Orleans Collection - Heritage 4/2015:5331, $56,400

#4 AU58 PCGS grade
#4 AU58 estimated grade
#4 AU58 estimated grade
#4 AU58 estimated grade
#4 AU58 estimated grade
#9 AU55 PCGS grade
#10 AU53 PCGS grade
David Akers (1975/88): Contrary to popular opinion, the 1842 Small Letters is not more rare than the Large Letters variety. In my experience, and the auction data confirms it, the Large Letters variety is substantially more rare in all grades than the Small Letters variety. This is not to say that the 1842 Small Letters is not rare because it most definitely is, particularly in high grade. The typically available specimen is VF or EF and AU or Unc. examples are extremely rare.
Gordon Wrubel: By checking the great photos above, one can see the obvious differences between the Small Letter(SL) and Large Letter (LL)reverses of the 1842 $5. The SL reverse puncheons are squared, about as wide as they are tall. On the LL reverse, the letters are tall and about twice the size of the SL. The letters are crowded, almost touching at their bases. The tops of the letters are CLOSE to the rim.