1840-O $5.00 NGC AU58

Narrow Mill variety. Unlike the 1838-C+D and the 1839-C+D half eagles, the first-year-of-issue 1840-O half eagle remains overlooked and undervalued. It is an issue that is most often seen in VF to EF grades and nice AU's are scarce. This lightly worn yellowish-gold piece is sharply detailed and has much of its original "skin." There are scattered marks seen in the fields with most located in the upper reverse above and behind the head of the eagle. The NGC population figure for this date in AU58 is well-inflated by resubmissions as evidenced by the fact that no AU58's have sold at auction since May 2008. An historically significant issue as the first half eagle from this mint and a pleasing slider example.