Herbert Howe discovered IC 5342 = Ho III-24, along with IC 5341, on 27 Nov 1899. He noted "eF, eS; near [NGC] 7720" and measured an accurate micrometric position. MCG misidentifies MCG +04-55-039 as IC 5342.

400/500mm - 17.5" (8/10/91): very faint, small, round, bright core. Located 2' N of a mag 11 star and 2.4' SE of NGC 7720 in the core of AGC 2634. 2MASX J23383626+2701467 (perhaps PGC 71991) is 1.5' NNW. IC 5342 is probably the brightest of several close companions to NGC 7720.

Notes by Steve Gottlieb