Thursday, October 21 2021

Through Bullion Shark LLC ……

The following six American coins are the ones that have sold for the highest amounts to date at auction. Because one of them recently exchanged hands during sales made in 2020 or 2021.

1933 Saint-Gaudens Double Aigle – PCGS MS65 CAC

At a special auction held on June 8, 2021, by Sotheby’s in New York City, the most famous (or infamous) American play – the 1933 Saint-Gaudens double eagle $ 20 gold coin – was sold by a shoe designer Stuart weitzman, who bought the coin in 2002 for $ 7,377,000, sold it to an anonymous buyer for $ 18,872,250, a new world record for the highest amount ever paid for a coin and more than double the previous one record! The price is a clear indication of the strength of the US parts market today. This coin was rated MS65 by PCGS but was not paved at the request of the owner.

This coin is the only example of this issue that is legal to own of the approximately 13 that still exist from the original mintage of 445,500 with two in the Smithsonian and 10 inmates in fort knox which were confiscated from the heirs of Israel Switt, the Philadelphia cream jeweler suspected of having conspired with a Currency of the United States used to release the coins in 1933.

1794 Dollar with Floating Hair – PCGS SP66

1794 Silver dollar with flowing hair.  B-1, BB-1, the only known dies.  Rarity-4.  BB Die State I. Money Making.  Specimen-66 (PCGS).  CAC.

The previous record holder for the most valuable coin is this coin, which is the finest known example of the first silver dollar struck by the US Mint. It sold in 2013 for $ 10,016,875 when it was purchased by Bruce morelan, which had it auctioned last October when it did not reach its reserve price. It is estimated that there are still 130 copies of this coin, which were made to be given as gifts to VIPs. The original mintage was 1,758 pieces, but many were melted down due to poor quality.

1787 Brasher Doublon – NGC MS65

Five years before the US Mint in Philadelphia opened in 1792, a neighbor of George washington minted seven copies of this coin, the first gold coins made on our coasts. Of these, all but one had an “EB” hallmark mark on the eagle’s wing, while this example – which is also the best of the seven examples in terms of quality – has it on the chest. It sold in 2011 for $ 7.4 million, then in January 2021 for $ 9,360,000. It was purchased in 1979 for $ 725,000.

$ 10 Eagle 1804 Gold Coin – Deep Cameo NGC PR65

PCGS Listed 1804 Draped Bust Eagle Wins $ 5.28 Million in Heritage Auction

In 1804, the US Mint ceased to produce $ 10 golden eagles, which was the highest denomination minted at the time. When the president Andrew Jackson wanted to give special sets with a copy of each American coin in circulation at the time as gifts on diplomatic missions in 1834-1835, the Mint had to combine the dies of the 1804 golden eagle with the minting technology that existed in the 1830s. Six of these coins are believed to have been minted, three of which still exist. Of these, one is on loan to American Numismatic Association (ANA) for his museum while the other two are in private hands. A copy which had belonged to the famous collector “Colonel” DSE Green and former secretary of the treasury William Woodin sold for $ 5 million in a private sale in 2007. The other coin, which is an NGC PR65 DC, was sold by a collector Bob R. Simpson in 2020 for an undisclosed amount.

Silver dollar 1804 – PCGS PR68

It is arguably the most famous American play and one that, like the Double Eagle of 1933, has been the subject of many books and even more speculation.

No $ 1,804 was minted for circulation. President Thomas jefferson ending the circulation of dollar coins due to the fact that most of the country’s big tenor coins were exported to pay for goods and little returned to replenish America’s supply.

Truth be told, $ 1,804, like the eagle of 1804 mentioned above, was not produced until 1834 and was issued only as part of the State Department’s diplomatic mission to Asia. Only a few were made and their existence was unknown to collectors until the mid-1850s.

Very few collectors have ever owned one; the Smithsonian Institution has three! Collector D. Brent Pogue once had two specimens. The Dollar Dexter, which is considered second best known and has a small ‘D’ engraved in the clouds on the reverse side, and the coin above, which once belonged to the Sultan of Muscat.

In August of this year, Stack arbors sold this incredible numismatic treasure for $ 7,680,000.

1822 Half Eagle $ 5 gold coin – PCGS AU50

The second most valuable gold coin ever to be auctioned is one of three remaining specimens of this ultra-rare gold half eagle from 1822 with an original print run of several hundred. The other two copies are part of the Smithsonian’s permanent collection, the National Numismatic Collection making it, which sold on March 25 for $ 8.4 million, including purchase costs, the only private copy.

It previously belonged to Brand Virgile, who bought it in 1899. Louis eliasberg then bought it in 1945, and finally D. Brent Pogue acquired it in 1982. Unlike most more expensive coins, this is not a premium Mint State coin, but rather of an almost uncirculated part which has suffered some wear from use.


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