Heritage Tops $7 Million, Expects $8 million in November 6-7 Dallas Signature Auction
Published December 12th, 2007
Dallas, TX: Prices realized of $7,058,735 were posted by Heritage Auction Galleries for their early November Signature Auction in Dallas; a second Signature event will be held at the end of the month at the Money Show of the Southwest, taking place in Houston on November 29-30. Descriptions and images of all sold lots from the Dallas event are currently posted at www.HA.com, as are the upcoming lots for the Houston event (now available for bidding). When proceeds from Final Session Auction are concluded, plus Post Auction Buys from both events are combined, the total prices realized are expected to exceed $8 million.
According to Heritage President Greg Rohan, “We continue to be pleased with outstanding collector participation in our auctions; after the Final Session is concluded, we will have had some four thousand bidders participating. It is no surprise to us that Internet bidders once again won the lion’s share of coins in this auction, and Heritage Live Bidders are growing stronger with every event. Registry-level coins from all series continue to be strong, as collectors are willing to pay handsomely for the finest pieces known. Our year-end events continue to be extremely successful, and we are looking forward to our Houston Signature Auction later this month.”
November 2007 Dallas U.S. Coin Highlights:
Lot 283: 1918 Nickel, MS67 NGC
Realized: $10,063
This is the finest NGC-certified 1918 nickel, with an impressive strike and radiantly lustrous surfaces devoid of toning streaks, laminations, stains, or other planchet defects that often affect coinage during war years.
Lot 291: 1920-S Nickel, MS65 NGC
None have been certified finer.
Realized: $44,563
Lot 540: 1852-O Quarter, MS63 PCGS
Realized: $126,500
Imbued with rarity and quality, this is the sole certified MS63 with none finer!
Lot 542: 1853 Arrows and Rays Quarter, MS65 NGC
Realized: $25,300
The reduction in weight in 1853 remedied the large-scale melting of silver coins; only nine certified finer.
Lot 589: 1890 Quarter, PR68 Ultra Cameo NGC. Briggs 3-C
Realized: $17,825
The Mint’s 1890 output of proofs amounted to only 590 pieces - the lowest since 1877; none certified finer. Ex: Philip Kaufman.
Lot 727: 1815/2 Half Dollar, O-101, MS63 NGC
Realized: $21,275
After the War of 1812, when depositors started to bring silver deposits to the mint for coinage, unused dies from 1812 were retrieved from storage and a 5 was punched over the 2. Only nine certified finer.
Lot 738: 1825 Bust Half Dollar, O-110, MS66 NGC
Realized: $9,788
A remarkable satiny Premium Gem, beautifully toned in mottled tan-gold, apple-green, and plum-mauve; only four certified finer.
Lot 774: 1854-O Arrows Half Dollar, MS66 NGC. Ex: Foxfire.
Realized: $18,400
The Arrows, No Rays, No Motto type was struck in just two years, 1854 and 1855. Only three certified finer.
Lot 825: 1897 Barber Half Dollar, PR68 Star Cameo NGC
Realized: $11,500
One of only three coins to receive this exemplary grade, and Heritage has offered all three.
Lot 826: 1899 Barber Half Dollar, PR68 Star Cameo NGC
Realized: $19,550
Only two examples from this 19th century issue have been graded by NGC as PR68 Cameo with the “Star” designation, with none finer.
Lot 871: 1937-D Walking Liberty Half Dollar, MS68 NGC
Realized: $21,275
This is the only MS68 example certified by either NGC or PCGS.
Lot 956: 1836 Gobrecht $1, Judd-60 Original, Plain Edge, Medal Alignment, PR58 PCGS.
Realized: $23,000
All medallic-oriented 1836 Gobrecht dollars are related (part of the 1837 issue), and this is a spectacular, deeply mirrored coin.
Lot 966: 1860-O $1, MS66 NGC. Ex: Foxfire.
Realized: $63,032
One of the finest known of this popular issue, several thousand of which were released in Mint State by the U.S. Treasury 1962-64.
Lot 972: 1867 Seated $1, Cameo PR66 NGC, Ex: Philip Kaufman.
Realized: $18,400
For uncertain reasons, the Philadelphia Mint used four different die combinations to deliver 625 proof Seated dollars in 1867. Only five certified finer as Cameo.
Lot 1302: 1894 $1, MS65 ANACS
Realized: $19,550
The 1894 Morgan dollars are among the most prized circulation-strikes in the series.
Lot 1396: 1894 $1 PR68 Cameo NGC
Realized: $29,900
In 1894, the Mint tightened quality control for proofs after several years of substandard production; only two coins certified finer.
Lot 1521: 1936-S Columbia Half Dollar, MS68 PCGS
Realized: $9,200
Subtle forest-green, silver-blue, and sun-gold adorn the obverse of this unimprovable issue. From The Sterling Collection.
Lot 1547: 1922 Grant with Star Half Dollar, MS67 NGC
Realized: $27,600
This is a delightful, carefully preserved example of the elusive with Star half dollar type; one of eight coins tied for finest known.
Lot 1708: 1917 McKinley Gold Dollar, MS67 PCGS
Realized: $10,350
A wonderful coin in the best condition attainable; neither NGC nor PCGS has certified a numerically finer representative.
Lot 1765: 1857 Small Cent, Judd-186, Pollock-222, High R.7, PR66 PCGS
Realized: $12,650
The single finest PCGS-certified example.
Lot 1798: 1857 Gold $1, MS67 PCGS
Realized: $11,500
An enticing superb Gem, with soft, swirling luster over flawless surfaces.
Lot 1829: 1833 $2.50, MS62 NGC
Realized: $32,200
The 1833 quarter eagle has been called by some the rarest of the rare.
Lot 1984: 1887 $3, PR65 Cameo PCGS
Realized: $32,200
The 1887 three dollar proof saw a mintage of 160 pieces, a relatively large number of which are estimated to survive. Only seven certified finer.
Lot 2013: 1840-C $5, AU58 NGC. Variety 2-B
Realized: $9,200
The 1840-C issue marked yet another change in the half eagle design; Gobrecht’s portrait of Liberty underwent minor modifications, and the mintmark moved from the space between the truncation and the date to the area below the eagle. Only five certified finer.
Lot 2047: 1862-S $5, MS61 NGC
Realized: $33,350
This extremely rare five dollar is tied for the second finest certified.
Lot 2120: 1795 $10, 13 Leaves, ANACS XF45 Details. Breen-6830, Taraszka-1, BD-1, High R.3
Realized: $29,900
BD-1 is significant as the first die marriage struck for the ten dollar denomination, the young nation’s largest prior to the 1849 double eagle.
Lot 2143: 1863-S $10, AU55 NGC
Realized: $10,063
The 1863-S is even rarer than suggested by its production of only 10,000 pieces; only three certified finer.
Lot 2205: 1911-D $10, MS63 PCGS
Realized: $29,900
The 1911-D ten dollar gold is one of the most challenging Saint-Gaudens issues.
Lot 2250: 1855-O $20, AU55 PCGS
Realized: $57,500
Only two examples have been certified finer. From The Arroyo Grande Collection.
Lot 2264: 1860-O $20, AU58 PCGS
Realized: $83,375
The New Orleans Mint, unlike its counterparts at Charlotte and Dahlonega, was equipped to produce gold denominations higher than the half eagle. From The Arroyo Grande Collection.
Lot 2359: 1885 $20, AU55 Prooflike NGC
Realized: $43,125
The year 1885 produced two great business-strike gold rarities, the quarter eagle and double eagle, with 751 double eagles struck; only one prooflike certified finer.
Lot 2361: 1885-CC $20, MS62 PCGS
Realized: $32,200
Only one example has been certified finer.
Lot 2385: 1891-CC $20, AU58 NGC. Ex: Eagle Collection.
Realized: $16,100
The 1891-CC is the second rarest Carson City double eagle in terms of overall rarity and the fifth rarest in high grades.
Lot 2394: 1893-CC $20, MS63 PCGS
Realized: $29,900
No 1893-CC double eagles have been certified finer!
Lot 2475: 1907 $20, High Relief, PR65 NGC
Realized: $63,250
The sharpness of the berries, Liberty’s toes, the eagle’s rear feather tips, and many other details confirm this lovely piece’s status as a proof striking.
Lot 2517: 1911-S $20, MS66 NGC
Realized: $11,500
This piece is tied for the finest certified by NGC.
Lot 2554: 1924-D $20, MS65 NGC
Realized: $46,000
While D-mint double eagles dated as late as 1923 were heavily represented in overseas hoards, pieces from 1924 and beyond are considerably less available; only three certified finer by NGC and PCGS.
Lot 2561: 1926-D $20, MS63 PCGS
Realized: $34,500
Most of the original mintage was lost to subsequent melting, and today the issue stands as one of the keys to the Saint-Gaudens series.
Lot 2577: 1852 $50 RE Humbert, 887 Thous., AU58 NGC. K-11, R.5
Realized: $63,250
The Assay Office slugs were common in commerce during the early 1850s, were roughly handled, and often spent years in circulation. From The Arroyo Grande Collection.
Lot 2617: Kellogg & Humbert Gold Ingot, 17.36 ounces, Ex: S.S. Central America
Realized: $46,000
When the S.S. Central America sank in the Atlantic on September 12, 1857, 425 passengers drowned that night, with 153 eventually rescued. From The Arroyo Grande Collection.
Lot 2618: Kellogg & Humbert Gold Ingot, 36.45 Ounces, Ex: S.S. Central America
Realized: $69,000
The value of the enormous number of California gold ingots on board the ship explain the economic impact of the loss. From The Arroyo Grande Collection.
Lot 2619: Kellogg & Humbert Gold Ingot, 48.05-Ounce , Ex: S.S. Central America
Realized: $92,000
Gold ingots are almost exclusively a phenomenon of Gold Rush California, brought about by the enormous quantities of the metal flakes found in the northern part of the state. From The Arroyo Grande Collection.
For more information about Heritage’s auctions, and a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit www.HA.com.
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