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    Description

    1834 BD-2 Capped Head Half Eagle, MS63+
    Rare Crosslet 4 Variety

    1834 $5 With Motto, Crosslet 4, BD-2, R.5 MS63+ PCGS. Bass-Dannreuther Die State b/b. Of the two date variants of 1834 Capped Head Left half eagles, the Crosslet 4 is more available by a narrow margin. Two Crosslet 4 varieties exist and the second, BD-4, is unique and included in the Bass Foundation Reference collection.

    Approximately 40-50 pieces are known with many of these in lower Uncirculated grades. There are an estimated half dozen that grade MS63 and another two or three pieces in MS64. The finest coin certified is an NGC MS65, a piece that has not sold at auction since it brought $172,500 in the 70th Anniversary Sale (Stack's, 10/2005), lot 1237. This remains a record price for a BD-2.

    This coin presents an exceptionally bold impression in bright greenish-gold and the centers show nearly full definition on both sides. There are a few wispy lines in the left obverse field and some very small marks in the fields. A small rim bump at 12 o'clock on the obverse serves as an identifier. This coin was last offered for sale in 2007 as an NGC MS64, and we can see why this coin was graded as such as it is really quite choice.

    The other PCGS-certified MS63+ example sold for $129,250 in Pogue IV (Stack's Bowers, 5/2016), lot 4048, and that was the only 1834 Crosslet 4 of this type in MS63 to sell at auction since October 2011. This coin is the last (formerly) MS64 piece to sell since 2007. This means that there have been just two high-grade pieces available in well over a decade.

    This is an important coin for the advanced collector of early half eagles as there have been such limited opportunities to buy a nice PCGS-graded Crosslet 4. Also of note is this coin's great provenance with ownership traced all the way to 1883.
    Ex: 69th Sale (Haseltine, 6/1883); T. Harrison Garrett; Johns Hopkins University; Garrett Collection, Part I (Bowers and Ruddy, 11/1979), lot 477; Freedom Collection; FUN Signature (Heritage, 1/2007), where it brought $109,250; Dallas Signature (Heritage, 4/2007), lot 1699, where it sold (as NGC MS64) for $103,500.
    From The McCoy Family Collection of Capped Head Half Eagles.

    Coin Index Numbers: (Variety PCGS# 519956, Base PCGS# 8161)

    Weight: 8.75 grams

    Metal: 91.67% Gold, 8.33% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The McCoy Family Collection of Capped Head Half Eagles ]

    Auction Info

    Auction Dates
    August, 2020
    3rd-9th Monday-Sunday
    Bids + Registered Phone Bidders: 22
    Lot Tracking Activity: N/A
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