Heritage Auctions Holds Rarities-Filled U.S. Coin Auction in Long Beach

1795 Eagle, Morgan Dollars, Pine Tree Shilling and “Muled” Lincoln Cent among the highlights

Continuing the momentum of his record FUN American Coin Auctions, Heritage auctions will again serve as official auctioneer for the Long Beach Expo U.S. Coin Auctions February 24-27. The event will take place one week after the Long Beach Expo an event.

The auction of US coins during January’s US Coins FUN Signature Auction soared to $65,422,650 in total sales, part of the combined $74 million for the event. The record breaking event brought new auction records for 88 of the 211 lots that changed hands for $50,000 or more.

“The new year has started with an extraordinary result at the FUN auction, reflecting the strong demand for elite coins”, President of Heritage Auctions Greg Rohan noted. “This auction is a fitting sequel, filled with rarities that continue to shine the spotlight on America’s top coin collectors at Heritage Auctions.”

Among the highlights of the Long Beach auction:

A 1795 Eagle, BD-5, R.5, MS61 NGC is from the first year when the United States currency gold coins struck – half eagles were struck first, followed by a delivery of 1,097 Bust with headdress Right eagles from Mandate 39. This remarkable coin represents the BD-5 13-leaf variety, the last variety minted and this pair of dies was probably used to mint 500 to 1,000 copies of the reported mintage. It comes from an existing population of only 35-45 pieces.

As the 1895 dollar morganthe 1876 ​​Three dollar PR65 Ultra Cameo NGC. JD-1, R.5 high is only available in Proof format. But the 1876 ​​three is most often compared to 1875 three dollars, another proof date only. The 1876 is not as rare as the previous year – a distinction obscured by the difference between an official mintage, apparently at just 45 pieces, with 20 proofs delivered in February and 25 more in June, and speculation of a larger actual print run. This coin is clearly an original strike, most likely one of the 20 proofs delivered in February.

A 1926-S Nickel MS65 PCGS. CAC comes from the single number of the Buffalo Nickel series with a print run of less than one million (970,000) copies. This draw directly translates to higher quality rarity compared to most other numbers. Apart Guide booklet varieties like 1918/7-Dthe 1916 double diceetc., the 1926-S is the quintessential key date of the series in Gem condition. PCGS yields only 18 coins in this category (four of which are rated Plus), none finer; the NGC Census saves 12 gems, with four finer (1/22) MS66 pieces. None of the MS66 NGC parts are CAC approved. The last Gem PCGS coin of this grade offered by Heritage Auctions was a CAC approved example at the 2018 FUN Signature auction which fetched $99,000.

Sculptor Auguste Saint-Gaudens sometimes reused his artistic ideas in multiple commissions. The head of Freedom on the 1907 Wire Rim Eagle MS65 PCGS is a direct descendant of the allegorical female figure of the Victory on the Sherman monument. The second generation of the Victory, a small head-only reduction, is actually based on an earlier, unused study for the head. This is the famous NIKE-EIPHNH (Victory-Peace) bust which was cast between 1892 and 1903. By turning Victory’s head in profile and placing it in a circle, it became her figure for Liberty on the $10 gold coin. President Theodore Roosevelt made the most significant design change when he suggested the sculptor replace the laurel wreath with an Indian war bonnet. This example is one of only 72 in 65 (8 in 65+), and there are only 29 more beautiful.

the San Francisco Mint produced 3.2 million strike dollars in 1884, most of which went into circulation. Circulated examples are fairly common, even in Extremely Fine and About Uncirculated grades; most of those held by the government were probably melted down in 1918, under the provisions of the Pittman Law. Most NGC and PCGS Mint State examples are in the MS60 and MS63 range; the 1884-S Dollar MS64+ PCGS offered in this auction is one of 25 certified copies between the two services.

Once part of the collections of both Reed Hawn and Donald G. Partricka 1652 Pine Tree Shilling, Large Planchet, Reverse N, MS65 NGC CAC. Noe-10, W-750, Salmon 8-Diii, R.3 is a fine example of a gem which has been described in the Hawn Catalog as “a marvelous specimen, one of the finest known”. He achieved the second highest price in the Reed Hawn collection of Massachusetts moneybehind only the very rare Noe 2-B willow tree shilling. The Noe-10 pine shilling is frequently found in the circulated grades, but is rare in the uncirculated choice. This coin, on the census as the inverted “N” type, is tied for best known with three other examples – each of the Noe-4 variety. This is the best Noe-10 known to the experts at Heritage Auctions.

One of the unique pieces in the auction is a 2001-D Lincoln Cent – ​​Muled with a Roosevelt Dime Reverse – MS65 Red PCGS. A mule is a coin minted with mismatched dies. In the long history of the United States Mint, only a few dozen mules are known, and most are unique. Of all the mule possibilities in American numismatics, the most likely to occur is the Lincoln penny / 1 Roosevelt penny mule, largely because the diameters of the cent (19mm) and dime (18mm) are similar, and each type comes from a high mintage. Heritage Auctions experts know five of these pieces; the example offered here is the second known 2001-D cent/dime mule.

dr. William Wheeler Hubbella patent attorney philadelphia creamdevised a system of metrics goloid the currency that was pushed through Congress speak House Committee on Currency, Weights and Measure President and representative Alexander H.Stephensformer vice president of CSA. Together they pulled enough strings to get 425 of the 1879 Stella flowing hair hit. Stellas were originally minted as a coin exchangeable with five European currencies; two varieties were created: one with coiled hair and one with flowing hair, like the extraordinary 1879 Stella flowing hairJudd-1635, Pollock-1833, JD-1, R.3, PR65 NGC which appears in this auction.

A 1848 Quarter Eagle CAL. MS62PCGS is the first delivery of gold from California at the Philadelphia Mint, where it was struck in quarter eagle. The identifying mark, “CAL.”, was punched on the reverse after each coin was minted, and today some numismatic students consider these coins to be the first American commemorative coins. Few of the 1,389 coins produced with the special countermark survive today and most of those that survive show signs of circulation. PCGS and NGC have certified 123 examples in all grades, with only 46 submissions graded MS60 or finer.

Other highlights include, but are not limited to:

The sale features several private collections, including The Long Island Collection Part IIa blend that made its debut in ANA World Money Fair 2021 in Chicago. The second part of the collection is equally impressive, with 184 lots – 54 in the first session and another 130 distributed throughout the second session and the third online session on Sunday. Early Federal gold, silver and copper issues feature prominently throughout the collection, all in popular collectible grades to suit all interests. This collection represents only a part of the consignee’s rare pieces.

Among the centerpieces of the Long Island collection is a 1930-S Eagle MS64 NGC. While not Indian-headed eagles were minted from 1917 to 1919, then from 1921 to 1925, and again from 1927 to 1929, mintages were generally in the six figures. But Indian Head’s series of eagles had its share of low-draft issues, including the 1930-S. With only 96,000 coins minted, its production ranks seventh in the series. This San Francisco issue is the second rarest regular issue in the series. A small number was available from the Treasury Department as late as 1932, but few are believed to have been distributed during the depths of the Great Depression and that 150–200 coins survive, most in uncirculated condition.

the Reverend Rock Collection was assembled by a northeast collector who said it had come a long way from the days of polishing wheat pennies at his grandfather’s kitchen table, and we can confirm that he quickly understood the importance of condition and originality! As his collecting interests became more refined, he focused on certified premium pieces, building an American-style set that far surpassed his previous purchases.

the Girard collection revolves around many Town of Carson issues from the 1870s and 1880s. Some interesting outliers were added, including a 1907 Saint-Gaudens High Relief Wire Rim double eagle in sharp MS62 PCGS quality, near mint condition 1805 BD-2 Half Eagle, and a certified MS62 PCGS three-dollar gold coin. 18 additional lots are in the Premier Session, all Carson City coins – mostly silver issues, but also some CC gold. the half dollars stand out with Choice XF 1870-CC and 1871-CC halves, and one 1878-CC half dollar MS61 NGC certified.

For images and information on all lots in the auction, visit HA.com.

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