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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.

View Certification Details from NGC

Auction Info

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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