1834 $2 1/2 Small Head MS64 ★ NGC. Breen-6138, Variety 1, R.1....

Description

1834 Classic Head Quarter Eagle, MS64 ★
Attractive High-Grade Type Coin

1834 $2 1/2 Small Head MS64 ★ NGC. Breen-6138, Variety 1, R.1. The William Kneass Classic Head design replaced John Reich's Capped Bust portrait during the 1834 mintage year, although the new design incorporated elements of a previous Reich design used on the Classic Head large cents of 1808 - 1814. A reduction in the gold composition and a slightly smaller diameter for the issue allowed the new design to circulate effectively based on the June 28, 1834 Act providing lower weights for gold coins, aided by a mintage of 112,234 pieces that was extremely large by quarter eagle standards. The motto E PLURIBUS UNUM was omitted with the redesign of the reverse.

This example displays mostly prooflike fields and sharply struck motifs. The large arrowheads crowd CA of AMERICA to confirm the variety. Attractive medium-gold surfaces flash a greenish glint across the lustrous, minimally marked surfaces. The star centers and eagle's plumage are well-defined, with fully struck horizontal and vertical shield lines on the reverse -- a pleasing example of the type for suitable for any high-grade set. Census (all varieties): 45 in 64 (7 in 64 ★ ), 17 finer (5/16).(Registry values: P1)

Coin Index Numbers: (NGC ID# 25FS, PCGS# 7692, Greysheet# 8237)

Weight: 4.18 grams

Metal: 89.92% Gold, 10.08% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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