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UNHERALDED RARITY!
The 1846 $5 Liberty Head Half Eagle in NGC MS-62 is an elusive survivor from a sizable mintage of 395,942 pieces. Despite that production, the issue remains an unheralded rarity in today’s market. NGC has graded just 4 examples at MS62 with only 3 finer, underscoring how seldom this date appears in true Mint State. The finest at NGC is a sole MS64.
Population data across both major services reinforces its scarcity. Combined NGC and PCGS totals account for only 532 coins in all grades, representing a mere 0.134 percent of the original mintage. Such a tiny survival rate is remarkable for a mid-19th century gold issue that ostensibly saw broad circulation. Most examples were either lost, melted, or heavily worn through commercial use.
In Mint State, the 1846 Half Eagle stands as both a rarity and a clear Condition Rarity. The steep drop-off in high-grade survivors makes even lower Mint State examples like MS62 highly significant. This coin occupies an important position for collectors seeking depth and true scarcity within the Liberty Head gold series.
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‘’AU Capital Management, LLC is a leading supplier of rare coins, paper money and precious metals. Committed to authenticity, they strive to serve customers with high-quality goods they'll treasure..’’
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‘’AU Capital Management, LLC is a leading supplier of rare coins, paper money and precious metals. Committed to authenticity, they strive to serve customers with high-quality goods they'll treasure..’’
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