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1834 $5 Classic Head, HM-7 MS65 PCGS

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Price:   
Grade: MS65
Quantity: 1
PCGS Coin #: 765197
Last Update: 8/17/2026
Dealer:  (Terms) Heritage Auctions (HA.com)

Show/Booth: ANA Money Show / Convention Center
 
(Item is available at this booth)
1834 $5 Plain 4, HM-7, R.3, MS65 PCGS. CAC. Rich yellow-gold color presides in the fields, with some prooflikeness on each side and darker frost adorning the peripheries and devices. The B in LIBERTY is open at the bottom, and a tiny spinelike die line emits upward and right from the R. Scrutiny with a loupe reveals no contact marks worthy of mention, although a small bit of die grease is noted through the arrowheads. A boldly lustrous and appealing piece. Housed in a Generation 3.0 old green label holder.      1834 is one of the more historic years in the annals of U.S. numismatics. More than 650,000 half eagles of the new Classic Head design by William Kneass were struck in 1834. In this year the intrinsic value (gold content) of the old-tenor gold coins exceeded their face value, leading to a tragic (for future collectors) wholesale melting of the old-style Capped Bust to Left pieces. Those pieces consisted mostly of quarter eagles and half eagles, the only gold coins that had been recently minted, since the last eagle coinage had occurred in 1804 and would not recur until 1838. In August of the following year Kneass, age 54, would suffer a debilitating stroke, and Christian Gobrecht will become de facto chief engraver. The half eagles featured a slightly reduced diameter (which would be reduced again in 1840 with the Liberty Head design) and omitted the motto IN GOD WE TRUST, supposedly making it easier for users to distinguish the two types.      The present offering is an example of the HM-7 die marriage, which accounts for approximately 12% of 1834 half eagles. This is the Small Plain 4 variety, which exhibits a triple-punched 4 that is close to the lowest hair curl, as well as a Block 8 in the date. The eagle has no tongue on the No Motto reverse.      The Plain 4 variety is easier to find in Mint State than the Crosslet 4, but most Uncirculated examples range from MS62 to MS64. Gem pieces, such as the present example, are nonetheless quite rare. The ...
Collectors CornerSM coin information:  (data courtesy of PCGS.com *)
PCGS Coin #: 765197
PCGS Coin Description: 1834 $5 HM-7, Classic-Plain 4
Mintage: 657,460
Grade: MS65
Auction Prices Realized: * Auction Prices Realized
Additional resources: PCGS CoinFacts
PCGS Set Registry:
(Top 3 of 7 composite sets for this coin)
 
  Learn more about Set Registry
Classic Head $5 Gold with Major Varieties, Circulation Strikes (1834-1838)
Complete U.S. Type Set (1792-1964) - CAC
Early $5 Gold Basic Set, Circulation Strikes (1795-1838)
* This information is being provided by PCGS and you are encouraged to review the Important Information for each of these items: PCGS Population [View]; PCGS Price Guide [View]; Auction Prices Realized [View].  The PCGS population report, historic compilation of coin prices and auction prices are proprietary to Collectors Universe and remains the property of Collectors Universe.  It is available for personal use to Collectors Corner subscribers only.  Reproduction in any format is strictly prohibited, as is sharing of this import (or any data contained herein).  Also, errors and omissions can occur and accordingly, viewer should recognize these facts and that this information should not be the only source consulted when making a decision about buying or selling coins.

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