1834 $2.50 HM-4, Classic MS(PCGS#764690)
1834 $2.50 HM-4, Classic MS (PCGS#764690)
The Summer 2022 Global Showcase Auction U.S. Coins
- 拍卖行
- Stack's Bowers
- 批号
- 5004
- 等级
- AU53
- 价格
- 14,065
- 详细说明
- Lustrous AU 1834 Classic Head Quarter Eagle Scarce HM-4 Die Pairing 1834 Classic Head Quarter Eagle. HM-4. Rarity-4. Large Head, Broken M. AU-53 (PCGS). Die Variety:HM-4. Obverse 2: Large Head with a prominent indentation within the curls along the back of Liberty's head. Bold repunching to star 2 also readily identifies this die. This obverse also appears in the HM-2 and HM-3 attributions. Reverse D: Attributable by the broken letter M in AMERICA. Reverse D also appears in the 1835 HM-1 pairing. Die Emission Sequence: Some examples of the 1834 HM-4 attribution were struck during calendar year 1834, but there is a remarriage of these dies that the Mint employed after striking the 1835 HM-1 variety. As such, some coins from the 1834 HM-4 dies are included in the reported mintage for calendar year 1835 Die State: The offered coin is from an earlier reverse die state, although one that is still later than that seen on Proof 1835 HM-1 quarter eagles, which confirms that it was struck during calendar year 1835 from the remarriage of these dies. It does not show either a die lump on the letter D in UNITED or a crack within the letter N of the same word, but the lump on the base of the second stroke of the letter M in AMERICA had expanded to cover the lower half of that feature. There is also evidence of die erosion around much of the reverse border, just inside the denticles. Estimated Surviving Population for the Variety: 185 coins in all grades (per Daryl J. Haynor, 2020), or 12% of extant 1834 Classic Head quarter eagles. Strike: Well struck with virtually all features fully rendered, there is just a touch of rub to the high points merely confirms the AU grade from PCGS. Surfaces: Bright and lustrous medium gold surfaces retain ample remnants of a semi-prooflike finish from the dies. The fields display a mingling of reflective and frosty qualities, the design elements more universally frosty in finish. Commentary: In addition to its status as the second scarcest die pairing of the first year 1834 Classic Head quarter eagle, this variety is in demand among specialists due to the aforementioned remarriage of the dies during calendar year 1835. Daryl J. Haynor (2020) observes that the HM-4 variety is equally as rare as HM-3 in Mint State with very few survivors at that level. It is more obtainable in the various About Uncirculated grades, although examples such as that offered here are very scarce in absolute sense. Flashier and more carefully preserved than most AU Classic Head quarter eagles that we have offered over the years, the scarcity and conditionally challenging nature of this variety are also important to take into consideration when formulating a winning bidding strategy. Provenance: From the Daryl J. Haynor Virginian Collection. The plate coin for the 1834 HM-4 variety in the 2020 Haynor reference on Classic Gold coinage. PCGS Population (HM-4 attribution only): 3 in all grades: AU-53, AU-55 and MS-61. PCGS# 764690. NGC ID: 25FS. 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. Click here to see Coins in Motion.[“Coins]