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Stacks Bowers Galleries Sells Nearly $14 Million of United States Coins and Exonumia in August Sale
Published on August 13, 2020
Over $13.94 million in United States coins and Numismatic Americana was sold in the Stack’s Bowers Galleries August 2020 Las Vegas Auction, contributing to overall prices realized of $21,739,851 for the sale across all categories.Press Release Auctions U.S. Coins
[Editor's Note: Doug Winter Numismatics posted a blog this week about their acquisition of the 1849 Oregon Territorial gold piece titled, "DWN Buys Finest Known Oregon Five Dollar Gold Piece". [Read it here]
Santa Ana, CA – Over $13.94 million in United States coins and Numismatic Americana was sold in the Stack’s Bowers Galleries August 2020 Las Vegas Auction, contributing to overall prices realized of $21,739,851 for the sale across all categories. The auction was held August 5-7 at the Bellagio Hotel and Casino alongside the PCGS Members Only Show, with additional Internet Only sessions hosted on the Stack’s Bowers Galleries website August 10-12. With the vast majority of bidders participating through the Stack’s Bowers Galleries website or mobile apps, the success of this sale demonstrated the firm’s ability to remotely connect bidders with desirable collectibles amid challenging and rapidly evolving circumstances. (All prices realized include the 20% buyer’s premium).
United States coins first crossed the auction block in Session 2 on Thursday, August 6, with Rarities Night featuring the ESM and Fairmont Collections. The incredible ESM Collection of United States Large Cents, perhaps the most highly anticipated selection from this legendary cabinet, realized over $4.6 million. This offering was highlighted by the famous Parmelee 1793 NC-3 Strawberry Leaf cent, which realized $660,000 in lot 1006 . Graded VG-10 (PCGS), it is the finest of just four known examples. Rare varieties continued to attract strong bids among the Flowing Hair and Liberty Cap types, with the Rarity-5 1794 S-48 Starred Reverse cent earning $156,000 in lot 1010 and the Rarity-8 1795 NC-1 Jefferson Head cent selling for $408,000 in lot 1017 , a new auction record for the variety. The Condition Census #1 MS-65 BN (PCGS) CAC 1813 S-292 cent took the top spot for the Classic Head type at $96,000 in lot 1065 , while the MS-67 BN (PCGS) 1830 N-6 cent showed a strong result among the late dates at $72,000 in lot 1093 .
Collectors of U.S. gold were excited by a selection of Liberty and Indian half eagles from the Fairmont Collection, highlighted by MS-61 (PCGS) examples of the 1909-O ( lot 1542 ) and the 1929 (lot 1559 ), which realized $19,200 and $22,800, respectively. A selection of Territorial and Shipwreck Gold featured many rarities including an MS-64 (PCGS) CAC 1851 Humbert $50 that earned $432,000 in lot 1320 and an MS-62 (PCGS) 1849 Oregon “Beaver” $5 that sold for $336,000 in lot 1326 . Other standout treasures from Rarities Night included an MS-62 1797 Small Eagle $10 that brought $300,000 in lot 1272 , and an MS-63 (PCGS) 1921 Saint-Gaudens $20 that earned $192,000 in lot 1304 .
Bidding continued the following day with Session 3 on Friday, August 7. The session opened with a significant offering of Numismatic Americana highlighted by the D. Brent Pogue Numismatic Library. Together with rare Spanish Colonial gold coins in Session C, these selections from the Pogue Collection realized over $592,000. Total prices realized for the D. Brent Pogue Collection now exceed $131,980,000, reaffirming its status as the most valuable numismatic collection ever sold. The highest priced lot among the literature was Louis E. Eliasberg’s personal Green’s Checklist offered in lot 2036 . This incredible accounting, in Eliasberg’s own hand, of the formation of this famous American collection brought $28,800. Lot 2027 featured one of five deluxe presentation copies of A.W. Browning’s work on early quarters and realized $26,400.
The Sherwood Collection of Civil War Tokens was another remarkable Americana offering, showcasing Condition Census quality and several Rarity-9 examples like a copper Fuld-328/328a brockage that brought $1,680 in lot 2225 .
The Numismatic Americana was followed by an impressive selection of U.S. coins that spanned colonial issues through modern commemoratives. Among these were Indian cents from the BSC Indians Set, highlighted by a MS-65 RD (PCGS) 1868 that sold for $10,200 in lot 2326 . Specialists were also delighted by the Henry Collection of Liberty Seated half dimes, which offered such rarities as an 1867 graded MS-67 (PCGS) CAC in lot 2574 that earned $20,400. A remarkable selection of cast U.S. Mint silver ingots attracted record prices toward the end of the session, including a new auction record for a dated U.S. Mint silver ingot set by the 1959 San Francisco Mint ingot in lot 3184 that realized $28,800.
Additional U.S. coins and Numismatic Americana were offered in Internet Only Sessions 4 and 5, hosted on the Stack’s Bowers Galleries website StacksBowers.com on Monday, August 10 and Tuesday, August 11. Included in Session 4 were counterstamped coins from the Steve Tompkins Collection of Exonumia, Part I, offering a wide array of desirable stamps and rare host coins like the MS-66 BN (PCGS) General U.S. Grant medal struck on an 1850 Braided Hair large cent that brought $840 in lot 4314 .
With over $13.94 million in U.S. Coins and Exonumia sold in the Stack’s Bowers Galleries August 2020 Las Vegas Auction, the firm has proven its ability to capitalize on the growing strength of the market witnessed through the first half of 2020. Stack’s Bowers Galleries is now looking ahead to their exciting schedule of auctions through the end of the year and into 2021, including their monthly Collectors Choice Online sales, their November 2020 Baltimore sale of U.S. coins and currency, and their January 2021 NYINC sale of Ancient coins and World coins and paper money. Contact Stack’s Bowers Galleries today at 800-458-4646 or via email at email@example.com to consign your collection to one of these popular auctions and take advantage of their proven success.
About Stack's Bowers Galleries
Stack's Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company's 80-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection and The Battle Born Collection — to name just a few. World coin and currency collections include The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Wa She Wong Collection, The Guia Collection, The Thos. H. Law Collection, and The Robert O. Ebert Collection.
Topping off this amazing numismatic history is the inclusion of the world record for the highest price ever realized at auction for a rare coin, the 1794 Flowing Hair Silver Dollar graded Specimen-66 (PCGS) that realized over $10 million, part of their sale of the famed Cardinal Collection. The company is headquartered in Santa Ana, California, with offices in New York, Tulsa, Wolfeboro, Hong Kong, and Paris. Stack's Bowers Galleries is an Official Auctioneer for several important numismatic conventions, including American Numismatic Association events, the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April and August Hong Kong Auctions.
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