SOLD - $5.00 – 1834 Classic, Cross 4 PCGS EF45

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sold out

SOLD - $5.00 – 1834 Classic, Cross 4 PCGS EF45

5,250.00

Date    1834 Classic, Cross 4
Grade    PCGS EF45
PCGS Price Guide    6200
Population (PCGS)    17/49
Population (NGC)    11/48
Serial Number    8172.45/81992692
PCGS Lookup Number    8172

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DESIRABLE COLLECTOR GRADE 1834 CROSSLET 4 CLASSIC HEAD HALF EAGLE

McCloskey 5-D (R-4). Crosslet 4; designated by PCGS.

The 1834 Crosslet 4 is by far the scarcest Philadelphia date in the Classic Head half eagle series. It is comparable in overall rarity to the popular 1838-C and 1838-D but sells for considerably less due to its comparative obscurity. The Crosslet 4 is not often seen above EF45 to AU50 and almost never with natural color.

To me, the present example is much closer to AU50 in terms of sharpness and remaining luster. Both sides show pleasing natural light greenish-gold hues and the eye appeal is excellent. There are two small reeding marks on the reverse which limit the grade.

No PCGS graded EF45 example of this variety has sold at auction since early 2007.

In my opinion, this is an undervalued issue and nice, affordable examples come on the market at a rate of around once per every two or three years.