SOLD
2,200.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Mar 16 @ 00:56UTC-4 : AST/EDT
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***Auction Highlight*** 1837-p Gold Classic Head Quarter Eagle $2 1/2 Graded Select Unc By USCG. Offered is a premium Mint State example of this scarcer Philadelphia Mint Classic Head quarter eagle, struck only from 1834 to 1839. The strike is sharp and both sides are highly lustrous with a delightful satin texture. Vivid orange-gold patina adds to the appeal of this lovely coin.
The Classic Head quarter eagle, designed by William Kneass, debuted after passage of the Act of June 28, 1834. This Act reduced the weight and purity of U.S. gold coins to discourage melting, which resulted from rising gold prices causing bullion value to exceed face value. The Philadelphia Mint's initial mintage of 112,234 pieces in 1834 set a record for the denomination up to that time. Generous mintages followed in 1835 and 1836 as the Mint worked to replace destroyed old tenor gold coins. Beginning in 1837, however, yearly mintages fell off markedly at the Philadelphia Mint. In 1840 the Classic Head quarter eagle was replaced by Christian Gobrecht's Liberty Head type, which continued through 1907, becoming one of the longest-running series in all of U.S. numismatics.
The 1837 has a mintage of just 45,080 pieces and is the rarest Philadelphia Mint issue of this type after only the 1839. Mint State survivors are elusive in all grades and are eagerly sought by advanced type collectors and early gold specialists. A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin
Auction Location:
148 Route 73, Suite 3-284, Voorhees, New Jersey, 08043, United States
Previewing Details:
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Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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