Lot 1362
1836 $2.50 Classic Head. Block 8. PCGS graded MS-64. Frosty and lightly toned. This is the desirable Block 8 variety (on another variety, a different style punch for the 8 was employed, sometimes called a script 8 or more familiarly "lazy" 8. A radiant example, fully struck with bright gold color that rises and falls in an almost rhythmic display. Even the finest, most delicate detail seen on this coin struck with uncommon exactness for the issue; were it only possibly for all the other 1836 quarter eagles in existence to be as sharp as the lettering and outer areas on this coin, but that isn't usual for this date. Pop 10; 4 finer with 3 in 65, 1 in 66 (PCGS # 97694) .
The 1834-39 design is a modification of the first Classic Head design with Liberty slightly larger in physical size. Throughout the six years this design was issued, five distinctly different styles exist for Liberty.
These coins were intended to circulate, serving their function as money. Choice and gem Mint State examples such as seen here are quite rare.
Estimated Value $13,000 - 14,000.
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