LOT #1407 |
Sold on Oct 23, 2009 for:
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1834 $5 Plain 4 MS64 NGC....
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Sold on Oct 23, 2009 for:
Not Sold Description
Marvelous 1834 Five Dollar
Classic Head, Plain 4, MS64
1834 $5 Plain 4 MS64 NGC. First Head, Breen-6501, McCloskey
1-A, R.3. There are four types of half eagles produced in 1834: the
Capped Head to Left coins with Plain 4 or Crosslet 4, and the
Classic Head coins, also with Plain or Crosslet 4. The Capped Head
1834 half eagles are, of course, the last of their type, and among
the Classic Heads the Crosslet 4 is much more elusive than the
Plain 4 variety. The Plain 4 is appealing in high grade, however,
precisely because it is the most obtainable. In MS64, 1834 Plain 4s
are far from common, but when found they make wonderful type coins.
NGC has certified 52 pieces in this near-Gem grade, with only eight
coins finer (9/09). The surfaces of this piece are a lustrous,
bright yellow-gold, with lots of eye appeal and minimal marks for
the grade. A small arcing die crack connects stars 4 and 5 to the
obverse rim in two places. Another plus is the bold strike, and
there are no distractions save for a couple of tiny dark toning
areas of little import.(Registry values: P1)Coin Index Numbers: (NGC ID# E2KE, PCGS# 8171, GSID# 8856)
Metal: 89.92% Gold, 10.08% Copper
Weight: 8.36 grams
AGW: 0.24169oz
Melt Value: $254.98
Gold Spot: $1,055/oz (10-23-2009)
Mintage: 657,460
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.
Auction Info
2009 October Signature US Coin Auction #1130 (go to Auction Home page)
Auction Dates
October, 2009
22nd-24th
Thursday-Saturday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 392
Buyer's Premium per Lot:
15% of the successful bid per lot.
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