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1835 $5 HM-5, High R.6, MS62 NGC....
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Description
1835 HM-5 Classic Head Five Dollar, MS62
Rarest 1835 Variety, Series Key
1835 $5 HM-5, High R.6, MS62 NGC. The leaves almost touch
the base of U in UNITED, paired with the Tall 1 obverse to define
the HM-5 die pair. Struck from dies that were also used to produce
a handful of rare 1835 half eagle proofs, the HM-5 circulation
strikes are almost as rare as the proofs. Daryl Haynor writes in
United States Classic Gold Coins 1834-1839, "This is the
rarest die marriage for the 1835 half eagle ... and may be the
rarest marriage in the entire series. The 1836 HM-9 Script 8 is the
worthy challenger for top rarity honors." HM-5's High R.6 rarity
rating is thought to be R.7 by some researchers.The reverse die cracked while striking the HM-5 coins, and soon failed. It was replaced for the HM-6 coins, only to have the obverse break and fall out of service. The Haynor/McCloskey reference estimates just 15 HM-5 coins survive, including at least three proofs. Mint State circulation strikes are extremely rare, with only three such coins confirmed including this one. The surfaces are largely prooflike, with a modicum of tiny abrasions and a touch of field frost. The shield recesses are fully mirrored, as are most areas along the margins. A needle-sharp strike shows no weakness at Liberty's curls or the eagle's plumage. The coin is struck from a middle die state, with the reverse die crack only partially formed in the field left of the eagle's beak and extending to below the left shield corner.
From The John W. McCloskey Collection.
Coin Index Numbers: (NGC ID# 25RV, Variety PCGS# 765211, Base PCGS# 8173, GSID# 376240)
Metal: 89.92% Gold, 10.08% Copper
Weight: 8.36 grams
AGW: 0.24169oz
Mintage: 371,534
View all of [The John W. McCloskey Collection ]
Auction Info
2022 January 12 - 16 FUN US Coins Signature® Auction - Orlando FUN #1341 (go to Auction Home page)
Auction Dates
January, 2022
12th-16th
Wednesday-Sunday
Bids + Registered Phone Bidders: 34
Lot Tracking Activity: N/A
Page Views: 487
Buyer's Premium per Lot:
20% of the successful bid per lot.
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