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Sale 36
Pre-Long Beach Coin and Currency Auction
| Lot |
Photo |
Description |
Realized |
Lot 3801 |
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1834 $5 Classic Head. Crosslet 4. PCGS graded VF-30. Nice details for the grade. The crosslet 4 variety in the date is much scarcer than the plain 4 of this Classic Head style used from 1834 to 1838. As on the quarter eagle of 1834, the motto E PLURIBUS UNUM was omitted from the new, reduced size half eagle in 1834, to distinguish the old coins which had become worth more than face value. 1834 was America's first experiment in monetary debasement. It would not be the last (PCGS # 8172) .
Estimated Value $1,500 - 1,600.
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| Realized
$2,128 |
Lot 3802 |
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1835 $5 Classic Head. AU-55. A few minor hairlines. Nice luster. An attractive example of the date. The continued exporting of American gold coins finally caused congress to act by the 1830s. In their coinage Act of June 28, 1834, the mint was instructed to lower the gold content of Half Eagles just sufficiently to where speculators found them no longer profitable to melt. It has been estimated that upwards of 98% of the original pre-1834 No Motto mintage was consigned to the melting pots, to be turned into 1834-38 half eagles (and to a lesser extent, quarter eagles). Much was refashioned into these 1835 coins designed by William Kneass.
Estimated Value $1,200 - 1,500.
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| Realized
$2,070 |
Lot 3803 |
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1836 $5 Classic Head. PCGS graded MS-61. A choice example for the grade. A frosty golden specimen of this early Type with strong underlying luster and rich brilliant highlights on both sides. Nicely struck for the date as well, far better than average for the issue, certainly a coin that gets honorable mention where fullness of design is concerned. The photos show this completely, but first-hand evidence is best. A real charmer (PCGS # 8174) .
Estimated Value $3,000 - 3,500.
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| Realized
$5,060 |
Lot 3804 |
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1837 $5 Classic Head. NGC graded MS-64. Well struck and very frosty. Popular classic head type. Brilliant and refreshingly clean for this issue, an early half eagle that rarely comes with this scintillating mint frost. The surfaces flickering luster in the fields and reveal nice sun drenched golden devices. The fields are untoned and satin with much eye-appeal. It is interesting to see, as well, that it was struck from well-prepared dies that imported a sound and in point of fact, a bold design in the key areas.
A wonderful piece to include in a gold Type set, certainly one of the finest offered in recent times (the Harry Bass coin graded MS66). This is almost certainly the freshest example that bidders will see, since most known business strike 1837 half eagles in existence are either indifferently made or worn to some degree, regardless of variety.
McCloskey-2B. Block 8, single forehead curl. With berry in branch, no tongue, arrow feather over center of 5. Common variety. Perfect dies. Plainly repunched 5 (5D) at top. Pop 6; 2 higher.
Estimated Value $25,000 - 30,000.
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| Unsold |
Lot 3805 |
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1838 $5 Classic Head. NGC graded AU-58. Well struck and choice. A highly lustrous satiny gem with a nuance of pale orange toning on both sides. The fields really impress us with their smooth texture. Moreover, unlike some that are struck from well-worn dies that imported a grainy, "orange peel" texture, this handsome 1838 stands tall. The Classic Head design dates to August 1834, when the amount of gold in the quarter eagle and half eagle were reduced. It was in use only thru 1838 on the half eagle, thru 1839 on the quarter eagle.
Estimated Value $2,000 - 2,300.
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| Realized
$3,220 |
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