^Lot 1931 1834 $2.50 Classic Head

1834 $2.50 Classic Head. PCGS graded AU-50. Light golden toning with slightly reflective surfaces. The year 1834 was a pivotal one for U.S. gold coins in particular. The melt value of a quarter eagle produced in the old-tenor Capped Bust style had risen to $2.66; the gold content was reduced, with this Classic Head, No Motto design style signifying the change (PCGS # 7692) .
Estimated Value $900 - 950.