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U.S. Coins Realize Over $14.2 Million in the Stack’s Bowers Galleries March 2018 Baltimore Auction
Author: Stack's Bowers Galleries
Monday, April 02, 2018
Santa Ana, CA. (April 2, 2018) – The Stack's Bowers Galleries Official Auction of the March 2018 Whitman Coin & Collectibles Expo was one of the most dynamic and impressive Baltimore sales in recent memory. The entire event realized a total over $24.6 million, including $14.2 million in U.S. coins sold across six sessions. The significant offering of fresh and premium quality material is reflective of the Baltimore Expo auctions, which are held by Stack's Bowers Galleries three times per year. All prices realized to follow include the 20% buyer's premium.
Session 1 featured an impressive offering of Numismatic Americana highlighted by the Brian Dobbins Collection of Political Tokens. This collection was assembled in consultation with John J. Ford, Jr. and featured an expansive selection of rare pieces from the campaigns and movements of the 18th and 19th centuries. Two rare Andrew Jackson issues in lots 11 and 13 sold for $2,880 and $3,120 respectively. A lovely Mint State 1848 Zachary Taylor medal from the Brand Collection brought $2,400 in lot 119. The issues featuring Abraham Lincoln garnered the most attention, with the prized Gem 1860 Rail Splitter medal in bronze realizing $7,800 in lot 176 and a pair of bronze 1860 Lincoln-Hamlin medals in lots 189 and 190 each selling for $2,880. Beyond the Dobbins cabinet, Session 1 also offered a marvelous selection of token and medal rarities, including a magnificent 1892-1893 Columbian Expo Award Medal by Saint-Gaudens in lot 516 that depicted the original, but rejected, reverse design. This massive and unique treasure brought $45,600. An impressive selection of Indian Peace medals was highlighted by an 1825 John Quincy Adams example in silver that brought $19,200 in lot 523 and an extremely rare pewter 1843 Washington Fur Trade medal that realized $43,200 in lot 524. In lot 672, a MS-64 (NGC) 1863 Jack's Chestnut Exchange copper-nickel token with a Rarity-10 rating sold for $9,000.
Session 2 introduced the incredible A.J. Vanderbilt Collection, assembled by one of Stack's earliest clients beginning in 1936 and continuing up through the collector's recent passing at the age of 96. The core of the U.S. coins portion of the collection focused on 25 specific years for which the collector sought out fabulous representatives of every issue struck. Other related accomplishments included a set of classic commemoratives in gold and silver and Proof type sets in gold, silver and copper. As these coins were collected over a lifetime, many have been off the market for decades, appearing for the first time in generations at the Stack's Bowers Galleries sale. The MS-63 (PCGS) 1874-CC dime offered in lot 10103 represents one of the most significant rarities in the entire Liberty Seated series. The offered example is tied for the finest known and went on to earn $108,000. The same lofty price was realized by the gorgeous MS-62 (PCGS) 1795 Draped Bust silver dollar offered in lot 10251, which had last been sold in Paramount's ANA Sale of August 1967. A pair of exceptional MS-62 (PCGS) 1795 half eagles earned some of the highest prices of the session, with a Small Eagle example garnering $132,000 in lot 10325, followed by the Rarity-5+ Heraldic Eagle example which brought $180,000 in lot 10326. Lot 10364 featured a lovely 1795 Capped Bust Right eagle certified MS-62 (PCGS) that sold for $144,000. The session was brought to a strong close by a pair of Panama-Pacific Exposition $50 slugs, each certified MS-64. The Round example was encapsulated by NGC and realized $120,000 in lot 10576, while the Octagonal example was in a PCGS holder and brought $96,000 in lot 10577.
Session 3 comprised the Rarities Night portion of the sale, featuring the ESM Collection of Lincoln Cents with Major Varieties, the all-time finest set on the PCGS Set Registry. The ESM Collection was a true treat for specialists, featuring all of the famous varieties of the series and many price records were set. A stunning Gem Red example of the iconic 1955 Doubled Die Obverse was offered in lot 2140 and brought $114,000. That was quickly followed by the star of the collection, the MS-64 RD (PCGS) 1958 Doubled Die Obverse in lot 2146. As one of just three examples known and the first offered at public auction, it brought an astounding $336,000. This great rarity was quickly followed by another elusive variety in lot 2148, where the MS-64 RD (PCGS) 1969-S Doubled Die Obverse sold for $126,000.
This parade of treasures led into the core Rarities Night offering, as a magnificent Gem 1794 Liberty Cap cent from the Garrett Collection sold for $102,000 in lot 2176. Lot 2200 offered an incredibly rare Proof 1853 Arrows half dime, one of just five struck and earlier from the collection of F.C.C. Boyd. Plated in Walter Breen's Encyclopedia of United States and Colonial Proof Coins, it realized $96,000. A Specimen-66 (NGC) 1860-O Liberty Seated half dollar brought $132,000 in lot 2219. An incredible Proof-67 Cameo (PCGS) CAC 1879 Four-Dollar Gold Stella made its first ever appearance in lot 2271 and realized $384,000. A strong $102,000 was earned by the Proof-66+ (NGC) 1910 Saint-Gaudens double eagle in lot 2370. A newly discovered, 17th example of the famous 2000-P Sacagawea Dollar/Washington Quarter muling brought $192,000 in lot 2382. An 1849 Moffat & Company $16 ingot in lot 2384 realized $216,000, while a handsome AU-50 (PCGS) 1855 Wass, Molitor & Co. $50 commanded $114,000 in lot 2387.
Session 6 was one of the most dynamic portions of the sale, offering a range of material from Colonials through Territorial Gold and Patterns. A lovely 1739 Higley copper saw excited bidding early in the session, garnering $33,600 in lot 3013. A rare Mint State 1770-A French Colonies 5 sols followed in lot 3014 and brought $9,000. Lot 3065 presented a handsome VF-20 (PCGS) example of the legendary 1787 Excelsior Copper which realized $10,200. An extremely rare 1735-R Louis d'Or regulated by famed goldsmith Ephraim Brasher highlighted the session, crossing the block in lot 3102 for $108,000. The recent popularity of the Proof 1877 twenty-cent piece was apparent in the Stack's Bowers Galleries sale, with a pleasing Proof-61 (NGC) example bringing $13,200 in lot 3347 against a PCGS Price Guide value of $4,500. Session 6 also featured the fantastic Sutton Court Collection of Early Half Dollar Varieties, largely composed of Draped Bust, Heraldic Eagle half dollars collected by Overton number. Assembled in the 1980s and off the market for decades, this collection offered many Condition Census and Rarity-6 examples. A significant AU-58 (NGC) 1795 O-126a Small Head from the collections of Colonel E.H.R. Green and F.C.C. Boyd brought $20,400 in lot 3389, while an AU-58+ (NGC) 1801 O-102 earned $36,000 in lot 3391. A pair of incredible 1805 O-112 half dollars drew significant attention, with the MS-62 (PCGS) example realizing $33,600 in lot 3412 and the MS-61 (NGC) piece earning $16,800 in lot 3413.
Among silver dollars, a Proof-67 Cameo (NGC) 1880 Morgan dollar sold for $10,500 in lot 3592, a Gem 1873-S trade dollar realized $13,200 in lot 3700, and a MS-65+ (PCGS) 1876 trade dollar brought $10,800 in lot 3703. Gold continued the strong momentum as a gorgeous 1869 gold dollar certified MS-66 (PCGS) earned $10,200 in lot 3716 and a lustrous AU-55 (PCGS) 1865 three-dollar gold piece brought $13,200 in lot 3770. A pair of MS-67 (PCGS) 1924 Saint-Gaudens double eagles were offered in lots 3942 and 3943, with each realizing $10,800.
Stack's Bowers Galleries' March 2018 Baltimore Auction was overwhelmingly successful across virtually all areas of the market, reaffirming the demand for fresh and premium quality material among today's collectors. The firm is already looking ahead to June, when they will return to Maryland for the Official Auction of the Whitman Coin & Collectibles Summer Expo. To consign your collection to the upcoming June auction, contact a Stack's Bowers Galleries representative at 800-458-4646 or info@StacksBowers.com.
About Stack's Bowers Galleries
Stack's Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company's 80-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Norweb Collection, The Cardinal Collection and The Battle Born Collection — to name just a few. World coin and currency collections include The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Wa She Wong Collection, The Guia Collection, The Thos. H. Law Collection, and The Robert O. Ebert Collection.
Topping off this amazing numismatic history is the inclusion of the world record for the highest price ever realized at auction for a rare coin, the 1794 Flowing Hair Silver Dollar graded Specimen-66 (PCGS) that realized over $10 million, part of their sale of the famed Cardinal Collection. The company is headquartered in Santa Ana, California, with offices in New York, Wolfeboro, Hong Kong, and Paris. Stack's Bowers Galleries is an Official Auctioneer for several important numismatic conventions, including American Numismatic Association events, the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April and August Hong Kong Auctions.