Greater than 30 bids poured in for an 1895 Morgan Dollar, PR67+ Deep Cameo earlier than it bought for a document $324,000 to steer the Heritage September 12-15, 2024, Long Beach Expo U.S. Coins Signature Auction to $11,544,441. Coupled with the $10,587,005 from the Heritage September 11-13 Lengthy Seashore Expo U.S. Foreign money Signature Public sale that was led by a Fr. 2220-E $5,000 1928 Federal Reserve Observe. PMG Gem Uncirculated 65 EPQ lifted the mixed whole for the occasions to $22,131,446.
Heritage Lengthy Seashore U.S. Coin Public sale Highlights
The end result for the 1895 Morgan Greenback smashed the earlier document of $269,500.
“It’s doable that as many as 12,000 circulation-strike Morgan {Dollars} had been produced, but when there are any survivors, they’ve been saved properly out of the general public eye,” says Todd Imhof, Government Vice President at Heritage Auctions. “This coin is one among simply 880 Proofs that had been struck, however most of them are properly out of attain of the gathering neighborhood, too. It is a magnificent addition to any assortment.”
Additionally well-liked amongst collectors was Major General Alexander Macomb’s Congressional Gold Medal, which drew 55 bids earlier than closing at $240,000. Macomb was one among 27 Warfare of 1812 veterans honored with the Congressional Gold Medal, which was engraved by Moritz Fürst and was one among a number of adorned with a battle scene on the reverse. Though bronze duplicates had been struck for many years by the United States Mint, solely Macomb’s private specimen, which he acquired immediately from the fingers of former President James Madison, was struck in gold.
A 1909-O Indian Half Eagle, MS64, PCGS CAC Variety 1 ended at $216,000. Simply 34,200 had been struck in 1909, and the 1909-O Indian Half Eagle represents the one situation of Bela Lyon Pratt’s design ever struck on the historic facility. When the cash had been launched into circulation, a number of high-quality examples had been saved by up to date collectors.
The public sale included objects from a number of collections, together with the Duffy Household Assortment that featured a bumper crop of silver and gold sort cash in collector grades. Among the many prime heaps from the gathering was a 1907 Rolled Edge Eagle, AU55 PCGS, a phenomenal instance of the second-rarest situation in all the sequence that drew a successful bid of $186,000. The Rolled Edge cash had been meant to resolve the issues of their Wire Rim sample predecessors, however fell quick; for instance, the Rolled Edge cash often had been softly struck within the facilities, and Mint Superintendent John Landis didn’t look after the design, which was quickly deserted in favor of the No Intervals motif. This spectacular Alternative AU specimen is one among simply 50 examples that weren’t melted earlier than distribution.
A 1907 High Relief, Wire Rim Double Eagle, MS67★ NGC, among the many most interesting examples of this distinctive coin, completed at $168,000. Augustus Saint-Gaudens believed within the principle of conceiving an concept after which seeing it by means of, a methodical tempo he adopted when designing cash on the request of President Theodore Roosevelt. NGC lists almost three dozen Excessive Reliefs in MS67 and related Plus and Star grades, however most of these cash are reported for the Flat Rim variant; Wire Rim items are curiously rarer. NGC lists 4 Wire Rim cash in MS67, plus one in MS67+, this one in MS67★ , and one in MS67+★ , with two MS68s finer.
Additionally from the Duffy Assortment comes a 1796 Capped Bust Right Quarter Eagle, AU50 PCGS that reached $152,400. This magnificence is from a tiny mintage of simply 963 items, and when the No Stars motif was deserted later within the yr, it made this coin a celebrated one-year design sort that Ron Guth referred to as “some of the historic and essential U.S. gold cash” and Q. David Bowers referred to as “the rarest U.S. gold design.” John Dannreuther estimates the BD-2 dies had been used to strike 897 items of the first-year mintage and the surviving inhabitants of the BD-2 selection is 100-125 examples in all grades.
A 3rd prize from the Duffy Assortment within the Heritage Lengthy Seashore Public sale was a 1793 S-3 Cent, AU55, PCGS CAC that drew greater than three dozen bids earlier than it bought for $150,000. Examples on this high quality are exceptionally uncommon: the inhabitants graded in 55 sits at simply two, with one finer; CAC 1 in 55, with none finer.
Full outcomes from the Lengthy Seashore Expo US Cash public sale will be discovered at HA.com/1377.
U.S. Paper Cash
The Fr. 2220-E $5,000 1928 Federal Reserve Note. PMG Gem Uncirculated 65 EPQ that led the forex occasion comes from the Ronald R. Gustafson Assortment, and is the best PMG-graded Sequence 1928 on this denomination and the only real most interesting recognized 1928 $5,000 from any district. The PMG Inhabitants Report has graded simply 22 Sequence 1928 $5,000s for all districts, and this be aware sits alone atop the listing.
“We have now seen numerous high-grade $5,000s lately, however all of these had been from the 1934 Sequence, and none may examine in high quality with this unbelievable be aware from the 1928 Sequence,” says Dustin Johnston, Vice President of Numismatics at Heritage Auctions. “The successful bidder gained a powerful be aware, maybe the top of Twentieth-century US sort notes.”
One other high-denomination trophy within the public sale was a Fr. 2230-E $10,000 1928 Federal Reserve Note. PMG About Uncirculated that drew a successful bid of $384,000. Sequence 1928 $10,000 notes are exceedingly uncommon — PMG has graded from amongst all districts solely seven Sequence 1928 $10,000 notes, in comparison with 113 Sequence 1934 $10,000s. Census keepers consultants have discovered simply 10 Sequence 1928 representatives from all districts mixed–and even that quantity is misleading, as the one New York and San Francisco examples are housed within the assortment of the Federal Reserve Financial institution of San Francisco, that means simply eight stay within the possession of collectors, and of these, this magnificent instance carries the second-highest grade.
Additionally from the Gustafson Assortment comes a phenomenal Fr. 2220-J $5,000 1928 Federal Reserve Note. PMG Extremely Fine 40 that bought for $228,000. Certainly one of simply two recognized 1928 Kansas Metropolis $5,000s, this extraordinary rarity from an unique run of simply 720 was acquired by the consignor when Heritage auctioned the large Taylor Household Assortment in 2005. Listed on the time in Stephen M. Sullivan’s Small Sized Excessive Denomination Notes as distinctive, it has since been joined by a PCGS 40 instance listed in Observe & Value that was bought in 2014.
The Gustafson Assortment included a number of notes bearing the coveted Serial Number one, together with one among simply three recognized Serial Number one Fr. 2200-C $500 1928 Dark Green Seal Federal Reserve Note. PMG About Uncirculated 55 notes, which realized $114,000. Heritage consultants know of simply two different common serial #1 examples: a Sequence 1928 Chicago be aware that resides within the Smithsonian Establishment, and a Sequence 1934 New York be aware (a Sequence 1934 star from Kansas Metropolis additionally could possibly be added to the tiny inhabitants).
Different serial #1 notes from the Gustafson Assortment included a Serial Number one Fr. 1950-K $5 1928 Federal Reserve Note. PMG Gem Uncirculated 66 EPQ that bought for $40,800 and a Serial Number one Fr. 2050-F $20 1928 Federal Reserve Note. PMG Choice Uncirculated 63 that introduced a successful bid of $21,600.
A beautiful Fr. 167a $100 1863 Legal Tender PCGS Choice About New 55PPQ introduced $216,800. A uncommon and enticing $100 Authorized often called the “Unfold Eagle” be aware due to the portrait of the eagle with its wings stretched huge on the obverse, it comes from a Observe & Value census inhabitants of simply 23 serial numbers, a determine that has elevated solely by one since 2016. However 5 of these examples are out of attain, with two within the assortment of the Smithsonian Establishment, and one every within the ANA Museum and within the collections of the Federal Reserve Banks of Chicago and Kansas Metropolis, leaving simply 18 examples out there to collectors.
At all times in excessive demand are notes with exceptionally low serial numbers, just like the Serial Quantity 3 Fr. 2221-B $5,000 1934 Federal Reserve Note. PMG Extremely Fine 40 that prompted greater than a dozen bids earlier than it bought for $192,000.
Full outcomes from the Heritage Lengthy Seashore Expo U.S. forex public sale will be discovered at HA.com/3596.
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