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$65.4 Million U.S. Coins Sales in Heritage FUN Numismatic Auction

$65.4 Million U.S. Coins Sales in Heritage FUN Numismatic Auction
Heritage Auctions January 2025 Auction Highlights.

Five more seven-figure coins added to the record books, including a 1927-D Saint-Gaudens $20 at $3.84 million and a 1798 Small Eagle $5 at $3 million

 

A 1927-D Saint-Gaudens Double Eagle, MS65+ PCGS. CAC, the rarest regular-issue copper, silver or gold 20th-century American coin, sold for $3.84 million to lead Heritage’s January 15-19 FUN US Coins Signature Auction to $62,679,159. That figure, coupled with the $2,768,760 auction of The COL Steven K. Ellsworth Collection of Large Cents 1796-1814, brought the total for the events to $65,447,919.

Those events, along with the $12,831,321 FUN US Currency Signature Auction headlined by America’s Inaugural Federal Reserve Note Proof Archive and a Fr. 2220-G $5,000 1928 Federal Reserve Note. PMG Choice Uncirculated 64, each of which realized $456,000, brought the total of Heritage’s FUN numismatic events to $78,279,240, making it one of the biggest of all time.

Those impressive U.S. coin results at FUN, combined with the NYINC World & Ancient Coins Auction that concludes this week, will help lift Heritage’s numismatic auction events past $100 million in the first three weeks of 2025.

The finest of only seven known examples of a 1798 Capped Bust Right Half Eagle, AU55 PCGS drew more than two dozen bids on its way to $3 million, eclipsing the previous auction record of $1.98 million that was set at Heritage just last year. This magnificent coin is among the extraordinary selections from The Bruce S. Sherman Collection, Part I (more coins from this elite collection will be offered during the Central States U.S. Coins Signature Auction April 30-May 4). The 1798 Small Eagle half eagle is among the rarest and most enigmatic issues in all of American numismatics; of the seven known examples, two are included in the National Numismatic Collection at the Smithsonian Institution, forever out of reach of even the most advanced collectors. No Mint State specimens are known, and the Choice AU coin offered here is the single-finest certified example.

Sherman, the chairman and principal owner of the Miami Marlins, assembled a collection that is considered among the elite assemblages in all of numismatics. This remarkable trove produced numerous trophy-level coins in the auction, including three more that yielded seven-figure results.

Eager bidders drove an 1894-S Barber Dime, Branch Mint PR66 PCGS. CAC from his collection to $2.16 million, surpassing the previous auction record of $1,997,500 that was set at Heritage in 2016. A classic rarity in American coinage, the 1894-S Barber Dime often is grouped with the 1804 dollar and the 1913 Liberty Nickel as “The Big Three” of United States numismatic rarities. The 1894-S is the most famous, mysterious, and elusive coin in the entire Barber Dime series. No more than nine examples of the 1894-S are known to collectors today, and the coin sold in this auction is tied for finest-certified at PCGS, an important consideration for Registry Set purposes.

Also from the Sherman Collection, the finest known specimen of an 1849-C Open Wreath Gold Dollar, MS62 PCGS. Winter 1 reached $1.56 million to more than double the previous auction record of $690,000 — a standard that had stood for 20 years. An essential for any registry set, this beauty is a magnificent example of one of the rarest and most valuable coins in the U.S. gold series.

A gorgeous 1884 Trade Dollar, PR65 PCGS. CAC, the third-finest of just 10 known specimens, sold for $1.14 million to tie the auction record that was set at Heritage in 2019. The scarcity of the 1884 Proof Trade Dollar puts it alongside the 1804 dollar and the 1913 Liberty Nickel among elusive American coins. This coin previously has held a spot in several well-known collections, including that of Jack Lee, who compiled one of the finest collections of silver dollars ever assembled.

The $3.84 million 1927-D Saint-Gaudens double eagle MS65+ that produced the event’s top result was part of the Mississippi Collection of Double Eagles, a trove of exceptional $20 gold coins that also included an 1883 Double Eagle, PR66 Deep Cameo PCGS that brought $492,000, surpassing the previous auction record of $348,000 that was set at Heritage in 2024. The second-finest among just 92 Proof-only examples, this 1883 double eagle surfaced first in Ed Frossard’s catalog of the Howard Newcomb and Edmund R. Wolcott Collections in May 1901. It previously was a part of the collections of John M. Clapp and later Louis E. Eliasberg.

Another prized rarity from the Mississippi Collection of Double Eagles was an 1893 Liberty Twenty, PR64★ Ultra Cameo PCGS that ended at $300,000. The second-finest among just 59 Specimens struck, it is a stellar example of this rare Type Three Liberty Head Double Eagle. PCGS CoinFacts estimates the surviving population at 15-20 examples in all grades.

Another rarity from the collection was an 1887 Liberty Double Eagle, PR64+ Deep Cameo PCGS that closed at $276,000. One of the rarest and most popular of the Type Three series, the 1887 was produced only in Proof format after the Philadelphia Mint was required to devote most of its resources to striking large numbers of Morgan Dollars throughout the 1880s, which shifted the production of high-denomination gold coins to the San Francisco Mint. A mintage of 121 Proof Liberty Head Double Eagles was struck in 1887.

From the Casady Collection, an 1863 Liberty Double Eagle, PR65 NGC, an extremely rare issue in Proof format from a reported mintage of just 30, sold for $480,000. Numismatist John Dannreuther and PCGS CoinFacts both estimate the surviving population at 10-12 specimens, including some in impaired condition. Two are in the National Numismatic Collection at the Smithsonian Institution and another is included in the collection of the American Numismatic Society.

The Casady Collection also produced a pair of impressive gold ingots: a 130.68-ounce Kellogg & Humbert Gold Ingot that brought $348,000, and a 112.10-ounce Harris, Marchand Gold Ingot that shimmered at $312,000.

Another highlight that was not part of a named collection was the sole finest known 1876-S Liberty Half Eagle, MS65 PCGS CAC that achieved $336,000 in its first auction appearance since 1979. PCGS and NGC have combined to certify 74 examples of this issue in all grades, with five specimens in Mint State, including a number of resubmissions and crossovers. The piece sold at FUN was the former Garrett coin.

The auction also featured selections from the Whispering Pines Collection, a 151-lot trove that is the finest PCGS Registry Set of Lincoln Wheat Cents ever assembled.

Another prominent collection featured in the auction was the Towers Collection, Part II, with U.S. half dollar types ranging from Flowing Hair to Walking Liberty and even a selection of more than 600 Capped Bust Halves covering most varieties and die states. Among the top results from the collection was a 1796 O-102 Half Dollar, VF35 PCGS that ended at $102,000.

The finest certified example of a 1911-D Quarter Eagle, MS66+ PCGS CAC, from The Don Kutz California Collection, climbed to $312,000 to break the previous auction record of $204,000 that was set at Heritage in 2022.

COL Steven K. Ellsworth Collection of U.S. Large Cents in the 2025 Heritage U.S. Coins FUN Auction

The FUN events kicked off January 9 with this magnificent collection that featured every one of the Sheldon number varieties from 1796 through 1814.

Leading the way was a 1799 S-189 Cent, XF45 PCGS. CAC that drew a winning bid of $210,000. The famous “Abbey” cent has a provenance of 180 years, one of the longest unbroken ownership chains for a U.S. large cent. More importantly, it is the finest that CAC has approved, and has been called the most important 1799 cent.

Also reaching six figures was a 1799/8 Cent S-188 R4, Overdate 9 over 8, XF40 PCGS that ended at $150,000.

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The post $65.4 Million U.S. Coins Sales in Heritage FUN Numismatic Auction appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.

One thought on “$65.4 Million U.S. Coins Sales in Heritage FUN Numismatic Auction

  1. ladyq says:

    * **Comment 1:** The sheer volume of high-value coins changing hands is remarkable. It speaks to the enduring strength of the numismatic market.

    * **Comment 2:** That 1798 half eagle is a true piece of history. Imagine the stories it could tell! A worthy centerpiece for any collection.

    * **Comment 3:** Impressive results all around! It’s exciting to see so many numismatic treasures finding new homes. The prices realized for some of these rarities are simply astounding.

    * **Comment 4:** The Bruce S. Sherman Collection is clearly something special. A testament to a discerning eye and a passion for numismatics. I’m eager to see what Part II brings!

    * **Comment 5:** The market for high-grade large cents continues to be robust. The Ellsworth Collection results underscore the demand for these early American treasures.

    * **Comment 6:** A 1927-D Saint-Gaudens Double Eagle in MS65+… a numismatic unicorn! It’s no wonder it commanded such a high price. A truly exceptional coin.

    * **Comment 7:** The prices achieved by these gold ingots highlight the allure of historical artifacts beyond traditional coinage. Tangible pieces of the past.

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