This 1834 is a simply outstanding example of an underrated early quarter dollar design type. It is graded MS-65 by NGC and has been awarded a CAC sticker. Brilliant centers are ringed on both sides in vivid cobalt blue and reddish gold that is a bit more extensive on the reverse. Satiny mint luster is full, intense, and semi-reflective in the fields. The strike is razor sharp to full over virtually all design elements. Here is an exquisite Gem that would do justice to a high-quality type, date or variety set.
Beginning in 1831, after the adoption of several critical improvements in its coinage process, the Mint struck its first quarter dollars of smaller diameter with a raised border. These improvements required a modification of the basic Capped Bust design (by engraver William Kneass) that included a refined obverse portrait and the removal of the scroll and associated Latin motto E PLURIBUS UNUM from the reverse. This reduced diameter Capped Bust type would remain in production through 1838, when it was supplanted by Christian Gobrecht’s Liberty Seated design. Although more readily obtainable than the large diameter quarters of 1815 to 1828, the reduced diameter Capped Bust quarter is scarce in Mint State as a type, and rare in Gem Uncirculated, as here. With strong eye appeal and superior technical quality, this delightful, CAC approved 1834 represents an important find and we expect strong bidding when it crosses the block in November.
For more information about the Stack’s Bowers Galleries Official Auction of the 2022 Whitman Coin & Collectibles Winter Expo, visit StacksBowers.com. To consign your coins or paper money to one of our Showcase auctions or to our Collectors Choice Online auctions call 800-458-4646 or email Consign@StacksBowers.com.
