1839-D $2.50 HM-2 MS(PCGS#765177)

The Summer 2022 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

5024

等级

MS62

价格

281,304

详细说明

Remarkable Second Mint State 1839-D Classic Head $2.50 HM-2, Weak Branch 1839-D Classic Head Quarter Eagle. HM-2, Winter 1-A. Rarity-4. Weak Branch, No Berry. MS-62 (PCGS). Die Variety:HM-2, Winter 1-A. Obverse 1: The only 1839-D obverse die in the Classic Head quarter eagle series with the D mintmark over the left side of the digit 3 in the date and stars 1 and 8 repunched. Reverse M: The 1839-D HM-2 represents the only use of this reverse die in the quarter eagle series, which is identifiable by a weak branch stem and absence of a berry in the branch. Die Emission Sequence: The HM-2 is the first of two varieties that the Dahlonega Mint used for quarter eagle coinage in 1839. Die State: All known survivors of the HM-2 variety show clash marks within Liberty's ear from the azure stripes of the shield. Estimated Surviving Population for the Variety: 160 coins in all grades (per Daryl J. Haynor, 2020), or 70% of extant 1839-D Classic Head quarter eagles. Strike: This is a generally sharp example with most features crisp and just isolated softness to a few of the obverse stars, at the tops of some of the peripheral letters on the reverse, and at the junction of the eagle's right wing and shield. Surfaces: Lustrous satin surfaces exhibit wisps of pale reddish-rose on golden-apricot color. Scattered marks explain the MS-62 grade from PCGS, one on the obverse at Liberty's mouth an ideal provenance marker. The appearance is pleasingly smooth, and both the technical quality and eye appeal are superb for the issue. Commentary: The HM-2 is the first variety produced for the 1839-D quarter eagle, and as the more frequently encountered in today's market it is likely that upward of 8,000 of the 13,674-piece mintage was coined from these dies (this estimate per Doug Winter, 2013). An ideal counterpart to the Mint State HM-1 specimen in the preceding lot, advanced variety collectors in either the Classic Head or Southern gold series would be wise to pursue both offerings with vigor. Holding tremendous appeal for high grade mintmarked type purposes, as well, we expect that strong bids will be required to win when this Condition Census example crosses our auctioneer's block. Provenance: From the Daryl J. Haynor Virginian Collection. The plate coin for the 1839-D HM-2 variety in the 2020 Haynor reference on Classic Gold coinage. PCGS Population (both die marriages of the issue): 9; 5 finer (MS-64 finest). PCGS# 765177. NGC ID: 25G5. 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.