1840-C
$5 GOLD PCGS MS60 Click on Coin Image to
enlarge
1840-C
$5 PCGS MS60 - $19,950.
There's
a good reason why we chose this really nice 1840-C
as our 1st coin of the week for the new year. This
is a Very scarce Southern gold coin! All Charlotte
gold is rare and eagerly sought by collectors and
investors, this specimen is among the best of them.
In its population report PCGS shows 1 in MS60 ( This
coin! ) with only 5 better.
If
you do not have an example of Southern Gold in your
portfolio or collection, this is an excellent example
to own and at a very active price.
Please contact me by email
or telephone 1-941-291-2156
to reserve this great coin.
Christian Gobrecht designed the half
eagle, which was produced from 1839 to 1908, with
the motto added in 1866. The coin uses the Liberty
Head Coronet motif that shows Liberty in profile facing
left. Her hair is tied with beads in the back with
two curls coming down her neck. She wears a LIBERTY
inscribed coronet and is surrounded by thirteen six-pointed
stars above and the date below. The motif is taken
from a Benjamin West painting of Venus. It was also
used with modifications for the Large Cents of 1839.
Around the periphery on both sides are dentils.
The reverse shows a heraldic eagle
with outstretched wings. In its talons it holds the
olive branch and arrows, symbols of peace and preparedness.
The required inscription is in an arc above, interrupted
by the tips of the wings and the denomination is below,
written as FIVE D., separated by dots.
In the 1790’s gold was accidentally
discovered in North Carolina. The first United States
Gold Rush took place in the early 1800’s in
North Carolina and Georgia. In the area around Charlotte,
North Carolina almost 100 gold mines were in operation.
Second only to farming, prospecting for gold became
the main source of employment in North Carolina. The
most gold produced in the United States came from
the South until 1848, when it was discovered in California.
