1836 $2.50 HM-1 MS(PCGS#764705)

The Summer 2022 Global Showcase Auction U.S. Coins

Auktionator

Stack's Bowers

Losnummer

5008

Erhaltungsgrad

MS63

Preis

6.900

Losbeschreibung

Scarce Choice Uncirculated 1836 Quarter Eagle 1836 Classic Head Quarter Eagle. HM-1. Rarity-3. Large Head, Block 8. MS-63 (PCGS). Die Variety: HM-1. Obverse 1: The Large Head, Block 8 combination readily attributes this obverse, which is used only in the HM-1 pairing. The style of hair curls along the top of Liberty's head is very distinct on this device punch, with deep indentations between broadly sweeping curls. There is also a prominent indentation within the curls along the back of Liberty's head. Reverse F: There is a weak, detached tongue in the eagle's mouth and small, split berry at the end of a branch stem that varies from strong to weak depending on die state. The letter D in UNITED is slightly lower than the adjacent E. Reverse F appears in the 1836 HM-1 and HM-8 pairings, the extremely rare 1837 HM-2 attribution, and the only known variety of the 1839 quarter eagle. Die Emission Sequence: The berry stem is always strong to full on examples of this variety, indicating that the 1836 HM-1 was struck before the shared reverse HM-8 pairing of the issue. It is thought to be a product of calendar year 1836. Die State: An early to middle die state of the 1836 HM-1 attribution, the berry stem on this piece is attenuated from die lapping, yet still complete. Estimated Surviving Population for the Variety: 285 coins in all grades (per Daryl J. Haynor, 2020), or 13% of extant 1836 Classic Head quarter eagles. Strike: Crisply impressed, both sides exhibit sharp to full detail from a nicely executed strike. Indeed, the 1836 HM-1 variety as a whole is one of the most consistently well produced in the entire Classic Head quarter eagle series. Surfaces: Soft satin luster on the obverse yields to a somewhat more frosty texture on the reverse. The luster is full on both sides and blends nicely with handsome light golden-apricot color. The surfaces are uncommonly smooth for the assigned grade and would not be out of place at the near-Gem level. Commentary: Writing of this variety Daryl J. Haynor (2020) states: It is not too difficult to locate an 1836 HM-1 quarter eagle, as there are an estimated 285 examples, representing a Rarity-3 rating. Locating a higher end Mint State coin, however, is nearly impossible. Clearly this upper end Choice survivor ranks among the finer known, and with its minimally abraded surfaces it a strong candidate for Condition Census standing. Whether one is assembling a high grade gold type set or specialized collection of this underrated quarter eagle series, here is a significant offering that should not be missed. Provenance: From the Daryl J. Haynor Virginian Collection. The plate coin for the 1836 HM-1 variety in the 2020 Haynor reference on Classic Gold coinage. PCGS Population (all die marriages of the Block 8 variety): 16; 14 finer (MS-66 finest). PCGS# 764705. NGC ID: 25FU. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA. Click here to see Coins in Motion.[“Coins]