Stack's Bowers Galleries

Spring 2023 Auction  –  20 - 25 March 2023

Stack's Bowers Galleries, Spring 2023 Auction

Live Sessions: U.S. Coins and Currency

Part 1: Mo, 20.03.2023, from 6:00 PM CET
Part 2: Tu, 21.03.2023, from 4:00 PM CET
Part 3: Tu, 21.03.2023, from 11:00 PM CET
Part 4: We, 22.03.2023, from 4:00 PM CET
Part 5: We, 22.03.2023, from 9:00 PM CET
Part 6: Th, 23.03.2023, from 5:00 PM CET
Part 7: Th, 23.03.2023, from 7:00 PM CET
Part 8: Fr, 24.03.2023, from 5:00 PM CET
Part 9: Fr, 24.03.2023, from 10:00 PM CET
The auction is closed.

Description

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

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Bidding

Price realized 28'000 USD
Starting price 1 USD
Estimate 25'000 USD
The auction is closed.
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