Lot 2062
1834. Crosslet 4. PCGS graded VF-30 PQ. Housed in an Old Green Holder. Rare variety. In summer 1834 the $5 denomination was redesigned by William Kneass, who created what is now known today as the Classic Head style. The new 1834 issue is similar in design to the quarter eagle of the same date. The obverse depicts the head of Miss Liberty facing left, her hair secured by a band inscribed LIBERTY, with stars circling her head, and with the date below.
The reverse shows an eagle with a shield on its breast, perched on an olive branch and holding three arrows. The inscription UNITED STATES OF AMERICA, 5 D. surrounds. The motto E PLURIBUS UNUM, used earlier, was discontinued.
This is a lovely example of the desirable Crosslet 4 variety, quite scarce and hard to locate in nice quality. Some residual frosty luster still evident. A few very minor abrasions and light hairlines as expected. Seldom do examples appear on the market in affordable grades similar to this (PCGS # 8172) .
Estimated Value $2,500 - 2,600.
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| Realized $3,106 |
