1836 $5 MS(PCGS#8174)

The Regency Auction 29

拍卖行

Legend Rare Coin Auctions

批号

321

等级

MS64

价格

187,533

详细说明

This is a gorgeous Classic Head half eagle! As a type, these rarely come so fine. The short lived series, struck from 1834 to 1838, can be quite the challenge to collect in Choice Mint State, especially with a CAC bean. The Classic Head design by William Kneass is a transitional type, straddling the old tenor gold coins (1795-1834) and the long running Liberty head series. By the 1820s, the value of gold in the half eagle exceeded the $5 face value. The majority of the mintages were exported and melted, the profit pocketed. In 1834, the content of gold coins was changed, and the design changed. The Classic Head half eagle saw much more extensive circulation than the earlier types, so finding a CHOICE Mint State piece is indeed a challenge. The present coin has a great look. Sharply struck devices stand out with a strong definition, on both sides. The obverse die had broken by the time this one was struck with a bold bisecting die crack. The golden surfaces are frosty and offer a strong satin sheen to them, accented by a swirling cartwheel bloom. There are a few minor hints of contact, which are not serious and do not detract from the otherwise stunning eye appeal. This near-GEM is bested by perhaps as many as four coins graded at PCGS, making this one perfect for any high grade type set or specialized set of Classic Head fives. PCGS 16, NGC 7, CAC 3. The only PCGS/CAC coin to ever sell in auction realized $25,201 in June 2018. The current PCGS Price Guide value is listed at $26,000. The Pogue coin was just marginally finer, graded MS64+. A GEM will cost $70,000+! Good luck! Cert. Number 18214889 PCGS # 8174