Lot 3375
1834 $5 Classic Head. Plain 4. NGC graded AU-58. Toned. There was some discussion as to how the coins of the new weight standard minted after August 31, 1834 should be differentiated from the earlier ones, particularly those with the same date. One proposal was that the inscription AUGUST 1 be added. Other ideas came to the fore. In the end, it was decided to change the portrait to remove the cap, causing some wags to say that Liberty had been "decapitated." On the reverse the motto E PLURIBUS UNUM was deleted (PCGS # 8171) .
Estimated Value $1,200 - 1,400.
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