PCGS - Pre-1933 United States gold coinage represents some of the most popular coins enjoyed by both diehard numismatists and precious metals investors. Gold coins are not only collected by type and date by seasoned numismatists, but they've become an affordable alternative for bullion investors. In fact, many find the collapsing premiums on some of vintage gold coins means these pieces are sometimes cheaper, gram for gram, than the equivalent amount of gold in the form of American Gold Eagles. Yet, many of the gold coins struck before 1839 is not only difficult to find in the marketplace, but it's also relatively much more expensive.
1834 Half Eagle Plain 4 PCGS MS65+Most pre-1839 gold coins were minted in tiny numbers, even by early 19th-century standards. And the majority of those pieces met their ultimate fates in smelting pots or were lost to time. But there's at least one gold coin from the early era of United States gold coinage that remains relatively easy to find and affordable for many collectors. That piece is the 1834 Classic Head Half Eagle.
Struck to the tune of 657,460 pieces, the 1834 Half Eagles saw not only the highest mintage of any pre-1839 United States gold coin, but it also boasts one of the highest survival rates among any of that subset of United States gold coinage. Part of this is due to the physical resizing of the Half Eagle in 1834, a time when the price of gold began exceeding the denomination's face value under the coin's previous weight and dimension.
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Posted 02/02/2020 6:49 pm
