1837 $5 HM-2 MS(PCGS#765244)

The Summer 2022 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

5051

等级

MS64+

价格

455,050

详细说明

Glorious Near-Gem 1837 Half Eagle Key Date Philadelphia Mint Issue 1837 Classic Head Half Eagle. HM-2. Rarity-3+. Block 8, Broken Arrow. MS-64+ (PCGS). CAC. Die Variety: HM-2. Obverse 2: The only obverse of the issue with both a single forelock curl and block 8 in the date. Reverse L: The middle arrow shaft is broken within the eagle's talon, the only reverse of the issue with this feature. The HM-2 attribution represents the only pairing of these dies for the 1837 half eagle, although Reverse L also appears in the 1838 HM-1 marriage. Die Emission Sequence: Struck from a later state of the shared Reverse L, all 1837 HM-2 half eagles were struck after those of the 1838 HM-1 pairing, or in other words during calendar year 1838. Die State: All known examples of this attribution display evidence of die erosion at the reverse border below leaves 4 and 5 in the branch and outside the tip of the eagle's right wing, as inherited from the late state of the 1838 HM-1 marriage. Otherwise the Virginian Collection 1837 HM-2 specimen is from perfect dies. Estimated Surviving Population for the Variety: 200 coins in all grades (per Daryl J. Haynor, 2020), or 46% of extant 1837 Classic Head half eagles. Strike: The strike is bold and crisp with virtually all features fully rendered, and none less than sharp. Surfaces: A frosty specimen with outstanding luster quality. The medium gold surfaces display warm olive and faint orange highlights. Both sides are devoid of all but a few tiny blemishes, none of them deep. In fact, most are simply faint, superficial scuffs that define the near-Gem grade from PCGS. Commentary: Comprising nearly half of the extant population of the issue, the HM-2 attribution is the most readily obtainable of the three known for the 1837 half eagle. Irrespective of variety, however, a Mint State 1837 $5 is a rare find in today's market, with those grading MS-64 or finer very rare. This exquisite Condition Census offering from the Virginian cabinet is ranked #5 in the list of finest knowns for the issue in Daryl J. Haynor's 2020 reference on Classic Head gold coinage. It is a premium quality coin in all regards that will please even the most discerning gold enthusiasts. Provenance: From the Daryl J. Haynor Virginian Collection. Earlier from Heritage's February Long Beach Signature Sale of February 2005, lot 7799; our (American Numismatic Rarities') C.L. Lee Sale, September 2005, lot 1247; Heritage's sale of the Charleston Collection, June 2008 Summer FUN Signature Auction, lot 1979. The plate coin for the 1837 HM-2 variety in the 2020 Haynor reference on Classic Gold coinage. PCGS Population (all die marriages of the issue): 2; 4 finer (MS-66+ finest). CAC Population: 5; 4. The former total includes coins certified both MS-64 and MS-64+. PCGS# 765244. NGC ID: 25RZ. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.