ON HOLD - $5.00 - 1838-D PCGS AU50 CAC

1838-D Dahlonega $5 gold coin graded PCGS AU50 CAC
1838-D Dahlonega $5 gold coin graded PCGS AU50 CAC
1838-D Dahlonega $5 gold coin graded PCGS AU50 CAC
1838-D Dahlonega $5 gold coin graded PCGS AU50 CAC
1838-D Dahlonega $5 gold coin graded PCGS AU50 CAC
1838-D Dahlonega $5 gold coin graded PCGS AU50 CAC
1838-D Dahlonega $5 gold coin graded PCGS AU50 CAC
1838-D Dahlonega $5 gold coin graded PCGS AU50 CAC
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ON HOLD - $5.00 - 1838-D PCGS AU50 CAC

$26,500.00

Date…….1838-D
Grade…….PCGS AU50 CAC
PCGS Price Guide.…………27500
CDN Greysheet/CPG.….…23800
Population (PCGS).…….…..20/81
Population (NGC)..…….…....17/84
Population (CAC)..….....…....3/11
Serial Number……8178.50/30714645
PCGS Lookup Number.…….8178

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POPULAR 1838-D HALF EAGLE GRADED AU50 BY PCGS AND BLESSED BY CAC

Winter-1, HM-1.

As a result of its being a one-year type and a first-year-of-issue, the demand for the 1838-D is greater than for any other half eagle from Dahlonega, with the possible exception of the 1861-D. This demand has translated to a strong price increase for this issue but the demand for nice examples continues to be strong.

This is a pleasing coin for the grade which has good overall eye appeal. Reddish color at the peripheries nicely contrasts the green-gold centers and around one-third of the original luster clings to lightly marked surfaces.

In September 2023, Heritage sold a nice PCGS/CAC EF45 for $21,000, and in August of that year, they sold a PCGS/CAC AU53 with some planchet roughness for $27,600.

I expect this coin to receive multiple orders for the reasons cited above.

Ex Stack’s Bowers 2023 ANA: 4056 at $22,000.

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