My new 1838-C HM2 (perfect reverse) P30CAC $5

pcgscacgold · October 9, 2025 4:48PM

This is the latest addition to my Classic Head $5 set and puts me within one (the 1834 HM9 Crosslet) of completion. It will be the first set that I complete.

As some will know the 1838-C HM2 has around 63 survivors (HM1 has an estimated 112) per Daryl Haynor's book on Classic Head Gold. This is a WOW coin in that it has the perfect reverse. A rather large rim to rim die crack is present on most HM2's. There are only 4 known examples with a perfect reverse, an MS63, an AU55, an XF45 and then my new VF30. This coin is also the only VF30 to sticker. In all only 19 total 1838-C's have received the sticker for originality. Makes it very hard to build an all CAC set but I am almost there. Especially since I know one collector with 2 of the 19 CAC coins. The Charlotte mint coins had below average planchets as well as rusted dies. Very few coins remain in original condition hence only 19 stickers.

The amount of luster remaining on this VF30 is a complete shock to me. I did not expect to see the shimmer that results from rotating this coin in the light. Not a grade for everyone, but 1838-C's just don't come around often.

The first photo is from @Desert Moon (Desert Moon NM) where I purchased the coin. Great person to work with and carries high quality coins. The coin moved quickly from Doug Winter, to Desert Moon and then to me. The second photo is the TV for it. In hand the coin has so much life.

I am extremely lucky to have this one. Very thankful for sure.
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calgolddiver · October 9, 2025 4:51PM

outstanding !!! congratulations !!

HillbillyCollector · October 9, 2025 4:52PM

Ah man, that one should have MY name on it but doesn’t!🤨
>
Incredible pickup, Brother 👍
Congratulations!!

The_Dinosaur_Man · October 9, 2025 4:53PM

Awesome piece! Congrats on adding it to your set!

pcgscacgold · October 9, 2025 4:58PM

Thanks @calgolddiver , @HillbillyCollector and @The_Dinosaur_Man

I appreciate the kind words.

WACoinGuy · October 9, 2025 5:01PM

Congrat that’s a beaut! I love these classic heads with good honest wear and for a Charlotte that’s a really nice coin

pcgscacgold · October 9, 2025 5:05PM

Thanks @WACoinGuy
I agree. It's nice to have coins that were out in circulation and touching hands without gloves on.

GuzziSport · October 9, 2025 5:43PM

Tom, that is a beautiful crusty classic head! That it’s also a Charlotte issue is the topper! Outstanding coin, congrats!

pursuitofliberty · October 9, 2025 6:09PM

Great coin Brother! Man, you've been on a roll! And that Al @Desert Moon is a pretty good guy I think!

pcgscacgold · October 9, 2025 6:21PM

Thanks @GuzziSport , I am finding those VF/XF Classics to be beautiful.

Thanks Todd @pursuitofliberty
When it rains it pours I guess. Patience has always been the key.

pcgsregistrycollector · October 9, 2025 10:24PM

Sick coin @pcgscacgold!

lordmarcovan · October 9, 2025 10:29PM

Magical

johnny9434 · October 9, 2025 11:07PM

I like 👍

pcgscacgold · October 10, 2025 2:01AM

Thanks @pcgsregistrycollector and @lordmarcovan , we think alike .

Thanks @johnny9434

johnny9434 · October 10, 2025 2:40AM

@pcgscacgold said:
Thanks @pcgsregistrycollector and @lordmarcovan , we think alike .

Thanks @johnny9434

Gotta love it when that 1 good coin comes in (sorta speaks) 👍☝️

pcgscacgold · October 10, 2025 2:55AM

For sure @johnny9434
With only 19 out there, and two in one collectors set, I thought this would be a set stopper. Then a miracle happened.

Spud2020 · October 10, 2025 4:18AM

@pcgscacgold said:
For sure @johnny9434
With only 19 out there, and two in one collectors set, I thought this would be a set stopper. Then a miracle happened.

Hello again, that is another coin that was sold from my collection. Again, I bought her raw and recognized the variety. I am so glad you enjoy the coin!

James.

Spud2020 · October 10, 2025 4:26AM

I believe this coin was probably struck on March,27 1838 since it is HM2 without the big break. I loved the reflective mirrors that were deeply imbedded in the low areas of the devices. Very prooflike I thought.

pcgscacgold · October 10, 2025 5:18AM

Thanks for the information @Spud2020
If you get a chance I would be very interested to hear more about the two coins I purchased from your collection. Use the message system.

You had some great eye and it amazes me you found these raw. You are spot on with your details about how reflective this coin surfaces are. It sparkles.

BillJones · October 10, 2025 6:20AM

The 1834 with the crosslet 4 is tough. I ended up paying for an overgraded one to get a piece that went well either way my set. It’s an AU-55 in an MS-61 holder. This variety is as rare as the “old terror” gold which preceded it.

Wahoo554 · October 10, 2025 6:39AM

Fantastic pickup. I love the originality and eye appeal. The 38-C is so incredibly tough to find nice with good eye appeal. I missed out on many opportunities before I landed one as these never last more than a few minutes. So much tougher than the 38-D.

Wahoo554 · October 10, 2025 6:39AM

@Spud2020 said:

@pcgscacgold said:
For sure @johnny9434
With only 19 out there, and two in one collectors set, I thought this would be a set stopper. Then a miracle happened.

Hello again, that is another coin that was sold from my collection. Again, I bought her raw and recognized the variety. I am so glad you enjoy the coin!

James.

Wow, amazing that you found that raw. Please share the story!

Spud2020 · October 10, 2025 6:41AM

@Wahoo554 said:

@Spud2020 said:

@pcgscacgold said:
For sure @johnny9434
With only 19 out there, and two in one collectors set, I thought this would be a set stopper. Then a miracle happened.

Hello again, that is another coin that was sold from my collection. Again, I bought her raw and recognized the variety. I am so glad you enjoy the coin!

James.

Wow, amazing that you found that raw. Please share the story!

Denver annual coin show in 2015. Helping a dealer friend run the bourse and found it walking the bourse.

CaptHenway · October 10, 2025 8:00AM

Very Nice!

pcgscacgold · October 10, 2025 9:30AM

Thanks @CaptHenway I have always liked your posted coins as well.

Coins3675 · October 10, 2025 10:23AM

Cool

Cougar1978 · October 10, 2025 10:27AM

Very nice coin

scubafuel · October 10, 2025 10:34AM

@spud2020 I was at the Denver show earlier this morning! But unfortunately no awesome finds like that.

pcgscacgold · October 10, 2025 10:40AM

@scubafuel said:
@spud2020 I was at the Denver show earlier this morning! But unfortunately no awesome finds like that.

Darn, was hoping you would find another gem there.

pcgscacgold · October 11, 2025 5:50PM

Thanks @Cougar1978 I appreciate the comment.

steveben · October 11, 2025 6:08PM

nice coin

pcgscacgold · October 11, 2025 6:11PM

Thanks @steveben A bucket list coin for me.

My new 1838-C HM2 (perfect reverse) P30CAC $5

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