Lot 1677
1834. No Motto. PCGS graded AU-55. Well struck and lightly toned. To insure that gold coins were able to circulate at par -- which had not happened since 1815 -- Congress reduced the weight of the various denominations through the Act of June 28, 1834. On August 2, 1834, the new standard went into effect. For the quarter eagle the weight changed from 67 grains to 64 grains.
To differentiate the new coins from the old, the design was changed. Chief Engraver William Kneass created what collectors call the Classic Head today. The head of Liberty faces left, her hair curls secured by a band inscribed LIBERTY, stars circling the head, and with the date below. The motto E PLURIBUS UNUM was dropped from the reverse (PCGS # 7692) .
Estimated Value $1,200 - 1,300.
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| Realized $1,351 |
