1849/1849 $5 Liberty Head Half Eagle, VP-002 NGC MS62

1849/1849 VP-002. Finest Graded. PCGS Price Guide unpublished. The normal variety has a NGC published price of $5750. .Our records show the last time one of these varieties was offered for sale was nearly twenty years ago. In 1998, one of the two-digit double date varieties graded NGC MS62 with a "49/49" notation sold for $10,637.Walter Breen, in his Encyclopedia of U.S. and Colonial Coins, published in 1988, lists hundreds of different overdates and errors. For the year 1849, there are two popular overdate varieties, both declared as "Extremely Rare" by Breen. There is a doubled "49" (49/49, Breen 6582) and then there is a doubled "1849" issue (1849/1849, Breen 6583). As it turns out, NGC has certified over forty (43) of the doubled 49's, but ONLY THREE coins have been certified as doubled 1849! The present coin, a striking MS62, a MS61 and an AU55. This is a very significant opportunity to the advanced gold coin collector to not only add a Mint State No Motto Liberty Half Eagle to his/her collection, but to include something special, something unique. This is just such a coin. It has the 1849/1849 on the insert, with the technical variety of VP-002 appearing also. Of the regular non-overdate issue, there are only 5 known in NGC MS62 with 1 finer. We know one of these MS62s was from the shipwreck S.S. New York, and that coin traded privately for over $20000 within the past 90 days. Nearly 20 years ago, in 1998, one of the three graded "49/49" varieties sold for $10637. Now, nineteen years later, this nearly unique 1849/1849 is worth whatever the next owner declares his or her price to be!