American Coin Auctions at Heritage’s Long Beach Expo in June 2020 Surpass 1 Million
This was a rare pair of Indian Eagles bidders chased for lot honors at Heritage Auctions’ Long Beach Expo American Coin Auction as both high quality examples led over 1 400 prizes offered from June 4 to 7.
The US Coins portion of the auction brought in $ 11,051,014.
âAlthough the Long Beach Expo was canceled due to fear of the pandemic, we were happy to move the auctions to HA.com,â said Jim Halperin, co-founder of Heritage Auctions.
The surprisingly rare ten dollar final edition of a 1933 Indian Eagle, MS65 PCGS, sold for $ 408,000. The coin is one of 30 to 40 known examples and comes with a history rich in history. Almost the entire mint of the 1933 Wagles was melted soon after the coins were minted, when the 1933 gold recall put regular issue US gold coins on hold forever.
The American gold coin for 1933 only included eagles and double eagles minted at the Philadelphia Mint, and a single 1933 double eagle is legal for collectors, making the 1933 Indian eagle the only coin issue. gold collection from this last year of production history.
Just after the 1933 issue, the second rarest Indian eagle was the 1907 ten dollar rolled rim variety, MC65 PCGS, which sold for $ 240,000. From the start of the Indian Eagle series, the copy was made with the aim of retaining the original high relief design of Augustus Saint-Gaudens, but to improve the stacking issues that arose with the variant. original wire rim. The rim was reinforced, but the resulting coins lacked sharp detail, and all 31,500 coins struck except 50 were cast – a tiny amount.
The finest certified example of an 1895 Liberty Twenty, PR67 Ultra Cameo, NGC, ended at $ 234,000. Experts estimate the coin to be one of some 16 to 24 coins remaining of just 51 double Liberty eagles tested that year. Rarely seen at auction, two specimens are included in the National Numismatic Collection of the Smithsonian Institution and another is held in the collection of the American Numismatic Society. The piece auctioned was a magnificent Superb Gem proof, the finest certified example from one of the leading grading services, featuring razor-sharp definition, with intricate detailing on Liberty’s hair and radial stars .
An example of the 1907 High Relief at twenty dollars, the PR67 + NGC, retained exceptional surface preservation, which led to its highest bid of $ 168,000. As expected, each side displays a pronounced satin texture and the strike is full. The shiny yellow-gold surfaces show a slight tinge of reddish patina, leaving exceptional evidence of high relief and one of the finest heritage ever to be auctioned.
Among the first gold medals offered, a 1796 Capped Bust Right Quarter Eagle, XF45, stole the show at $ 144,000. The extremely rare specimen of No Stars BD-1, approved by the CAC, is called the “Holy Grail variety” because it is the rarest quarter eagle variety from 1796 to 1807, and probably the rarest of 1796 to 1834.
A much sought-after additional coin made a rare appearance at auction: a 1796 B-2 quarter, MS63 PCGS, drawn from the first official quarter dollar minted by the U.S. Mint.
As much as the 1796 quarters may have been unwanted at the time of release, they are certainly prized now, regardless of rank. A Mint State coin, of course, makes ownership much sweeter. Offered by the Warshaw Family Collection, Part II, the piece sold for $ 150,000.
The Pinnacle US Rarities Currency Collection
Of the sole proprietorship and special collections offered at auctions, the Pinnacle US Rarities Collection currency auction on June 5 added nearly $ 900,000 to the weekend’s total. The highlight of the collection was a $ 50 silver certificate of the 1891 series, Fr. 334, rated Superb Gem New 67PPQ by PCGS. This note and another are the finest known of less than 50 extant examples. It sold for $ 54,000.
Other outstanding banknotes in the Pinnacle collection include a $ 5 1886 silver certificate, PMG Gem Uncirculated 66 EPQ, Fr. 260, which sold for $ 43,000, a 1914 Federal Reserve banknote of 100 $ Red Seal, PMG Gem Uncirculated 66 EPQ, the highest example recorded by PMG, which ended at $ 38,400 and 1886 silver certificate $ 5, PMG Gem Uncirculated 66 EPQ, a large Dos gem a silver dollar to brown spiked seal, which closed at $ 31,200.
Heritage auctions lead to the American Numismatic Association auction in August with a series of weekly auctions covering US and global coins. The special monthly online auction of the Walczak collection of world coins will end on June 28th and the online auction of the world coins of the doug robins collection part II will end on july 5th.
About Heritage Auctions
Heritage Auctions is the largest art and collectibles auction house founded in the United States, and the largest collectors’ auctioneer in the world. Heritage has offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.
Heritage also enjoys the highest online dollar volume of any auction house in the world (source: Hiscox Report). The Internet’s most popular auction house website, HA.com, has over 1,250,000 registered bidder members and a free searchable archive of five million past auction records with realized prices , descriptions and enlargable photos. Reproduction rights systematically granted to the media for photo credit.