1835 $5 HM-3 MS (PCGS#765209)
The Summer 2022 Global Showcase Auction U.S. Coins
- 拍卖行
- Stack's Bowers
- 批号
- 5036
- 等级
- XF40
- 价格
- 21,511
- 详细说明
- Significant 1835 HM-3 Half Eagle
Scarce Die Pairing
1835 Classic Head Half Eagle. HM-3. Rarity-5+. EF-40 (PCGS).
Die Variety:HM-3. Obverse 1: The three obverse dies of this issue are easily distinguished by the style of the digits in the date. Obverse 1 has a block 8 with a small, straight flag on the 1. Additionally, the letter L in LIBERTY is repunched. HM-3 represents one of four uses for this die, which also appears in the HM-1, HM-2 and HM-4 attributions of the issue. Reverse E: One of the most instantly recognizable dies in the entire Classic Head half eagle series, Reverse E is the only one on which a leaf in the olive branch nearly touches the letter U in UNITED. Apart from the 1835 HM-3 this reverse appears in only one other pairing, HM-5 of the issue.
Die Emission Sequence: Although the rarity of survivors precludes a definitive conclusion in this regard, the 1835 HM-3 likely represents the penultimate use of the issue's Obverse 1 die and, as such, was struck after the 1835 HM-2 and before the 1835 HM-4 varieties.
Die State: All known examples display clash marks in and around Liberty's ear from the reverse shield that were inherited from the 1835 HM-1 and HM-2 pairings. Otherwise, extant 1835 HM-3 coins appear to have been struck from perfect dies, as here, so it is unknown what caused the early retirement of these dies from production.
Estimated Surviving Population for the Variety:35 coins in all grades (per Daryl J. Haynor, 2020), or 3% of extant 1835 Classic Head half eagles.
Strike: Although lightly worn overall from time spent in active circulation, enough bold to sharp detail remains to confirm a well executed strike on both the obverse and reverse.
Surfaces: Glints of honey-apricot peripheral color give way to dominant golden-honey. Moderately abraded, yet generally free of sizable or otherwise individually mentionable marks.
Commentary: The HM-3 introduces a run of very scarce to rare die pairings for the 1835 half eagle issue that continues through HM-7. It is the least challenging to locate in this group, but examples are still elusive. Since Reverse E appears in only one other pairing, the even more elusive 1835 HM-5, it is the second rarest die in the entire Classic Head half eagle series. Clearly here is a significant offering for advanced gold variety collectors.
Provenance: From the Daryl J. Haynor Virginian Collection. The plate coin for the 1835 HM-3 variety in the 2020 Haynor reference on Classic Gold coinage.
PCGS Population (HM-3 attribution only): 2 in all grades (MS-62 finest).
PCGS# 765209. NGC ID: 25RV.
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.
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