1834 $5 CLASSIC HEAD PLAIN 4 MS63 CACG
1834 $5 CLASSIC HEAD PLAIN 4 MS63 CACG
Classic Head Five Dollar
This 1834 $5 Classic Head, Plain 4 half eagle represents the first year of the redesigned Classic Head series, struck in large numbers following the transition from the earlier Capped Head motif. While a substantial 657,460 pieces were produced, most entered circulation and remained there, resulting in limited preservation at the higher grades; the survival estimate today stands at roughly 1,750 examples, with truly Choice Mint State pieces being scarce and premium-certified examples even more elusive. Like all other $5 Classic Head, these become incredibly rare at MS63 or finer. Current references list the PCGS Price Guide at $18,500 and the CACG/CAC Price Guide at $19,000 with no public auctions; in fact because of that this date has just had its CAC CPG value adjusted upwards after years of being undervalued in higher grade. This example showcases a vibrant golden appearance with abundant luster. A small hit in the right obverse field holds this coin back from a higher grade, else it has the look and luster of a gem in hand. Overall, it a compelling representative of the Classic Head design and an excellent opportunity for both series and type specialists.
Pedigree:
The Ohio Collection
CACG Cert Verification #227914019
• PCGS Price Guide - $18,500
• PCGS POP - 50/60
• CACG/CAC Price Guide - $19,000
• CAC POP - 10/19
• CACG POP - 1/0
• PCGS Coin# - 8171

Highlights
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