While I hate to make bold pronouncements based on a small number of auction results, it looks like an interesting trend may be occuring in the Carson City half eagle market. Within two months, three important CC half eagles have sold at auction and brought tremendous prices. Let’s take a look at the three coins in question, analyze the results, and try to make some sense of this market.   
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At the end of my last blog I said that I’d like to hear from collectors about which coins they believe qualify as undervalued sub-$5,000 U.S. gold coins. Robert Kanterman responded with this thoughtful list and I thought I’d publish it along with my comments (which are in italics at the end of each of his paragraphs).   
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The gold coinage from 1870 is among the rarest and most famous issues from the Carson City mint. It has a number of factors that make it very appealing to collectors: low original mintage figures, very small surviving populations, low average grade and numismatic significance as the very first gold issues from this historic mint.   
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