1836 Classic Head Half Eagle. HM-3. Rarity-4. MS-64 (PCGS). CAC.
An endearing example that would do justice to any advanced collection of classic U.S. Mint gold coinage. Exquisite frosty luster flows over surfaces that are carefully preserved and exceptionally smooth even at the MS-64 grade level. Sharply defined for the focal features, with beautiful patina in vivid rose-gold. In 1834, Congress reduced the weight of the gold coinage in an effort to stem the tide of profiteering and melting. Along with the weight reduction, the design was also changed to William Kneass' Classic Head design. Old tenor gold coins were melted down and reused for the new coinage, which along with the large amounts of gold coming from the Carolinas and Georgia, contributed to a sharp uptick in the quantities of coins struck at the Mint. The half eagles of 1836 are no exception with well over half a million coins produced. Thanks to the generous mintage figures, this issue is available in most grades without too much difficulty, to include Uncirculated examples. On the other hand, most of the relatively small number of surviving Mint State specimens lie towards the lower end of the spectrum. Examples above Choice are quite the challenge to locate and Gem Mint State examples are exceptional condition rarities. Tantalizingly close to full Gem, this premium quality example will no doubt attract strong interest from both half eagle specialists and discerning type collectors.
PCGS# 8174. NGC ID: 25RY.
PCGS Population: 16; 5 finer (MS-65 finest). CAC Population: 5; 0.
Estimate: $25000
Price realized | 28'000 USD |
Starting price | 1 USD |
Estimate | 25'000 USD |