The 1842-C Coronet Head Gold $5 Half Eagle: Small Date coin is a rare and significant part of American coin history. Minted in Charlotte, North Carolina (marked by the “C”), this coin is especially sought after by collectors due to its small date variety and limited mintage. The Coronet Head design, along with its rarity and historical significance, makes it a valuable piece in the world of numismatics. In this article, we’ll explore the key features, historical background, and value of the 1842-C Half Eagle, providing an insightful guide for both seasoned collectors and those new to coin collecting.
What is the 1842-C Coronet Head Gold $5 Half Eagle?
The 1842-C Coronet Head Gold $5 Half Eagle is a gold coin minted during the early years of the U.S. Mint, specifically in the southern branch of the Charlotte Mint. The coin features the Coronet Head design on the obverse, showcasing Lady Liberty wearing a coronet (crown) inscribed with “LIBERTY.” The reverse displays an eagle with a shield, clutching arrows and an olive branch, symbolizing strength and peace.
This particular coin comes in two varieties: small date and large date, with the small date being rarer and more sought after by collectors.
Key Features of the 1842-C Coronet Head Gold $5 Half Eagle
- Year: 1842
- Mint Location: Charlotte (C)
- Design Type: Coronet Head
- Material: 90% gold, 10% copper
- Weight: 8.36 grams
- Diameter: 22.5 mm
- Obverse Design: Lady Liberty wearing a coronet
- Reverse Design: Heraldic eagle with a shield, clutching arrows and an olive branch
- Variety: Small Date (rarer variety)
Historical Background of the 1842-C Coronet Head Gold $5 Half Eagle
The 1842-C Half Eagle was minted in Charlotte, North Carolina, a branch of the U.S. Mint established to process gold found during the gold rush in the southern United States. The Charlotte Mint was responsible for producing gold coins, and its “C” mintmark makes coins from this location particularly special to collectors. Only 4,595 of the small date version were minted, making it one of the rarer varieties of the Half Eagle series.
Rarity and Value of the 1842-C Coronet Head Gold $5 Half Eagle
The small date variety of the 1842-C Half Eagle is significantly rarer than the large date version, which makes it highly valuable to coin collectors. The condition of the coin (also known as its grade) plays a major role in determining its value. Well-preserved coins can fetch impressive prices at auctions.
| Condition | Approximate Value |
|---|---|
| Poor | $2,000 – $5,000 |
| Fine | $12,000 – $25,000 |
| Extremely Fine | $50,000 – $75,000 |
| Mint Condition | $100,000 or more |
How to Identify the 1842-C Coronet Head Gold $5 Half Eagle (Small Date)
- Date Placement: The small date variety features a compact and narrower date on the obverse.
- Mint Mark: Look for the “C” mintmark on the reverse side, indicating it was minted in Charlotte, North Carolina.
- Obverse Design: Lady Liberty wearing a coronet with “LIBERTY” inscribed.
- Reverse Design: The eagle with a shield, clutching arrows and an olive branch, symbolizing peace and defense.
Why Collectors Prize the 1842-C Coronet Head Gold $5 Half Eagle
The 1842-C Half Eagle is highly sought after due to its rarity, especially the small date variety. Collectors appreciate its historical connection to the Charlotte Mint and the fact that this coin represents a critical period in U.S. gold coinage history. The intricate design, combined with its low mintage numbers, makes it a prized addition to any coin collection.
Conclusion
The 1842-C Coronet Head Gold $5 Half Eagle: Small Date is a remarkable piece of American history. With its intricate design, limited production at the Charlotte Mint, and its rarity in the small date variety, this coin holds immense value for collectors. Not only is it a valuable asset, but it also represents an era when the United States was expanding and building its financial systems. Owning such a coin provides a tangible connection to the past, making it a treasure for both history enthusiasts and numismatists.
FAQ’s
What makes the 1842-C Coronet Head Gold $5 Half Eagle rare?
The small date variety, combined with its limited mintage of only 4,595 coins, makes this coin extremely rare and valuable.
How much is the 1842-C Coronet Head Gold $5 Half Eagle worth?
Depending on the coin’s condition, it can range in value from $2,000 for poor condition coins to over $100,000 for those in mint condition.
What is the difference between the small date and large date varieties?
The small date variety has a more compact and narrower date on the obverse compared to the large date variety, making it rarer.
How can I tell if my 1842-C Half Eagle is authentic?
Look for the “C” mintmark, small date features, and compare the design to known authentic examples. Consulting a professional numismatist is highly recommended.
Why are coins from the Charlotte Mint valuable?
Coins minted at the Charlotte Mint are highly prized because the mint only operated for a short period, and it exclusively produced gold coins, many of which were produced in limited quantities.