The GreatCollections Tops M January 2020 U.S. Coin Auction

On Sunday, January 19, thousands of collectors, dealers and professionals bid on GreatCollections (www.greatcollections.com), ignoring previous auction records and price guideline values, to compete for perhaps the newest collection of US coins to hit the market in over a decade.

This 1796 Draped Quarter Bust, Graduated PCGS MS-64, Made $303,750

The group of coins, nearly 100 in total, were part of the “ultimate collection”, put away by a single collector 25 to 30 years ago and discovered until the end of 2019. Coins were graded by PCGS and NGC in the early days of coin certification and encapsulation, and several series of rarities had consecutive submission numbers rarely seen on the market today.

Many all-time world records were set and the majority of pieces sold to collectors, including the 1796 Draped Bust Quarter PCGS MS-64. This one-year-old type piece made $303,750, beating 20% off the PCGS price guide value of $250,000, and nearly double the last appearance in the same grade at a public auction, where it fetched $164,500 by another company in 2014.

Another collector won the 1793 Chain Cent AMERICA PCGS AU-50 CAC, which attracted 65 auctions and over 2,300 page views before finally selling for $171,562, well above the current PCGS price guide value of $92,500.

1793 Chain Cent AMERICA PCGS AU-50 CAC made $171,562
This 1793 Chain Cent AMERICA, graded PCGS AU-50 CAC, made $171,562

Another collector won the Best Barber Quarter of 1905 rated MS-68 by PCGS and with CAC approval. After a spirited auction, the coin realized four times the PCGS price guide value of $25,000 and sold for $101,251.

1905 Barber Quarter PCGS MS-68 CAC made $101,251
This 1905 Barber Quarter, Graduated PCGS MS-68 CAC, Made $101,251

A number of coins have been won by collectors who surface every 5-10 years to add to their collection. One such example was the 1883 Liberty Quarter Eagle PCGS Proof-65, which fetched $45,562, well above the current PCGS price guide value of $29,500. The new owner last purchased a piece in 2012.

Although coins certified by grading services from the late 1980s and early 1990s regularly appear at auction, even today the Ultimate collection stands out for the combination of rarity and superb condition of the coins. .

1796 Draped bust Dime PCGS MS-63 CAC realized $92,812
This 1796 Draped Bust Dime, Graduated PCGS MS-63 CAC, Made $92,812
1885-CC Morgan Silver Dollar NGC MS-68 CAC made $81,562
This 1885 CC Morgan Silver Dollar, Graduated NGC MS-68 CAC, Made $81,562

By the time the hammer fell on each of the pieces sold at auction by GreatCollections on January 19, sales had totaled $3,027,910, with the Ultimate Collection making $1.479 million and the property of over 150 other consignors making $1.548 million. dollars. 100% of the 2100+ lots sold.

“It has been a pleasure for us to offer such an original and fresh group of certified coins in our auctions and it proves the immense demand we have for coins of all price ranges,” said Ian Russell, owner/president of GreatCollections.

“Many customers have flown in to our Irvine offices to view this collection, and we’ve been able to take highlights to several major cities to showcase. The result has been a record number of new bidders and, of course, , the many record prices set.”

Highlights of the Ultimate collection:

  • 1793 Liberty Cap Half Cent Bent Cap, Bunch Leaves PCGS XF-40 BN CAC OGH (1st Generation) – Sold for $27,000

  • 1793 Chain Cent AMERICA PCGS AU-50 BN CAC OGH (1st Generation) – Sold for $171,565

  • 1811 Classic Cent PCGS MS-64 BN CAC OGH (2nd Generation) – Sold for $36,000

  • 1796 Draped Bust Dime PCGS MS-63 (CAC Gold Label) OGH (1st Generation) – Sold for $92,812

  • 1796 Draped Bust Quarter PCGS MS-64 OGH (1st Generation) – Sold for $303,750

  • 1846 Seated Liberty Quarter NGC Proof-65 CAC OH (Tonic) – Sold for $36,281

  • 1847 Seated Liberty Quarter NGC Proof-65 OH (Tonic) – Sold for $25,312

  • 1849 Seated Liberty Quarter NGC Proof-64 CAC OH (Tonic) – Sold for $24,750

  • 1905 Barber Quarter PCGS MS-68 CAC OGH (1st Generation) (toned) – Sold for $101,251

  • 1829/7 PCGS MS-65 CAC OGH Half Dollar Capped Bust (1st Generation) (toned) – Sold for $49,500

  • 1885-CC Morgan Silver Dollar NGC MS-68 CAC OH (toned) – Sold for $81,562

  • 1883 Liberty Gold Quarter Eagle PCGS Proof-65 CAC OGH (1st Generation) – Sold for $45,562

Other achievements of the January 19 GreatCollections auctions:

  • 1987 Lincoln Cent PCGS MS-69 RD – Sold for $5,242

  • 1940 Jefferson Nickel Reverse of 1938 NGC Proof-67 CAMEO – Sold for $3,487

  • [1945-DJeffersonNickelPCGSMS-68+FS-Soldfor$16312[1945-DJeffersonNickelPCGSMS-68+FS-Vendupour16312$

  • 1898 Barber Dime PCGS MS-67 CAC (Simpson Collection) (Tonic) – Sold for $4,500

  • 1960-D Roosevelt Dime PCGS MS-68 FB (Tonic) – Sold for $6,188

  • 1954-D Washington Quarter PCGS MS-67 (toned) – Sold for $2,339

  • 1923 Peace Silver Dollar PCGS MS-67+ – Sold for $38,250

  • 1892 Liberty Gold Quarter Eagle PCGS Proof-65 CAMEO CAC – Sold for $30,600

  • 1935-S San Diego, California Pacific International Exposition Half Dollar NGC MS-65 (Vintage Black NGC Old Holder) – Sold for $5,304

  • 1948-D Booker T. Washington Memorial Half Dollar PCGS MS-67 CAC – Sold for $7,918

  • 1994 $50 One Ounce Gold American Eagle PCGS MS-70 – Sold for $16,875

  • China 2015 Gold 2,000 Yuan Panda NGC Proof-70 UC (AGW = 4.994 oz) — Sold for $10,531

  • French Polynesia 1979 Gold Franc Piedfort/Piefort Lec-5 KM-P12 NGC MS-70 (AGW = 0.532 oz) — Sold for $2,756

GreatCollections is always on the lookout for small and large shipments. To learn more about selling your coins, visit www.greatcollections.com/sale or call 1-800-442-6467.

GreatCollections is an auction house of certified coins and paper money, as well as CAC approved coins, which handles coin/note transactions from start to finish.

For sellers, GreatCollections offers professional imaging for each coin/note, cash advances where applicable, extensive marketing and other one-on-one services not usually available with other auction houses and websites, freeing up the seller to do nothing other than collect the proceeds of the sale.

Buyers profit by entrusting a place whose directors have years of experience in numismatics and whose reputation in the industry is beyond reproach.

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