Heritage Dallas Auction Raises Over $7.4 million

Dallas, Texas: Popular rarities led the way as Heritage’s October 17-24 Dallas auction saw more than $7.4 million in rare US coins change hands. All prices include a 20% Buyers Premium.

The top coin in the auction was a Continental Dollar, CURRENCY, graded MS65 by NGC. Researchers differ as to whether this pewter issue was a circulating coin or a medal, and even as to where the pieces were struck. Regardless, these pieces are popular among collectors of colonial coinage, with high grade examples always bringing generous prices. Our Dallas auction saw this piece sell for $180,000.

The 1915 Panama-Pacific International Exposition in San Francisco saw the issuance of a five-piece set of commemorative coins. All five of the coins are popular and beautiful, but the highlights of this set — and indeed of the entire US commemorative coin series — are the two fifty dollar gold pieces, one round and one octagonal, indeed the only octagonal coin ever issued by the US Mint. Given the value of fifty dollars in 1915, very few of these coins were issued. This auction included examples of both of the fifty dollar pieces, and while the fifty dollar octagonal piece is undoubtedly the most iconic, the fifty dollar round piece is a little rarer and generally brings correspondingly higher prices. Here, the fifty dollar round, graded MS64 by NGC, sold for $96,000, while the octagonal, assigned an MS63 grade by the same service, brought $81,000.

A few of the additional highlights of this auction included:

• 1810 $5 Large Date, Large 5, BD-4, MS65 NGC. Realized: $69,000
• 1901-S 25C MS65 PCGS. Realized: $56,400
• 1912 $10 PR65 PCGS. Realized: $49,200
• 1893 $1 PR65+ Deep Cameo PCGS. CAC. Realized: $48,000
• 1879-CC $20 MS60 NGC. Realized: $43,200
• 1951 50C PR67+ Ultra Cameo NGC. Realized: $40,800

The next Heritage Signature Auction of US coins will be held December 5-8, also in Dallas, with bidding set to open soon at HA.com/coins!