Lot 1822
1834. Plain 4. PCGS graded MS-63. Nice semi prooflike surfaces. An elevated degree of blistering luster springs to life beneath rich gold highlights surrounded by the aforementioned reflective quality in the fields. Somewhat yielding at the obverse where Liberty's lovelock curl is modestly flat, though much more detail can be found on the other hair detail than on the typical example of the date. A respectable Choice MS63 that will be a centerpiece in someone’s early gold Type Set. This item is plainly superior to lot 1783 from our Auction #78 which hammered for $13,500. Worthy of a premium bid.
Coinages of the new 1834 No Motto design far exceeded even the Mint's most optimistic expectations. The coins went at once into circulation and stayed there, few being saved as souvenirs. As a result, Uncirculated survivors are very rare, though Fine to Extremely Fine specimens are plentiful. They are mementos of a period of rapid change, growth, and experimentation at the Philadelphia Mint, immediately succeeded by decades of what Breen in his Encyclopedia describes as "stereotypy" (meaning the succeeding Coronet Design). Pop 40; 43 finer, 38 in 64, 2 in 64+, 2 in 65, 1 in 66. (PCGS # 8171) .
Estimated Value $8,000 - 9,000.
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| Realized $11,163 |
