1842 $5 Large Letters AU50 认证号44172680, PCGS号8206

A rare coin that shows up in auction about 1 time a year. PCGS has certified 28 in total. NGC has 20. This is one of the most undervalued coins in the set. "P" mint coins are generally less appealing than the southern mint and Carson City coins. PCGS estimates 47 exist in total. This number may be a little low. The coin's abrasions are lighter than shown in the True View picture. That pic seems to amplify them. The color and luster are nice. Strike is generally good.

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.

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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.