The rare coin market is in a tentative state as collectors and dealers await the outcome of the 2016 presidential election and little is getting dealers and collectors excited.
Collectors keep loving slabs. Third-party grading has brought enhanced transparency, liquidity and confidence to the rare coin market. Perhaps in recognition of this, collectors covet rare encapsulations from grading firms, especially Professional Coin Grading Service and Numismatic Guaranty Corp., and these unusual slabs have become collectibles in their own rights.
It’s been presented at auction three times in the past three years, realizing $55,812.50 at Heritage’s October 2014 Gardner sale, then being offered at Heritage’s 2015 and 2016 Central States Numismatic Society auctions, where it failed to sell both times.
The 1926-D Standing Liberty quarter dollar issues are known for being poorly struck, which is why the second most expensive coin at Heritage’s Dallas auction was this well struck coin with a green Certified Acceptance Corp. sticker that sold for $88,125.
One of just nine confirmed 1870-S Seated Liberty dollars will be offered by Heritage at its Oct. 31 to Nov. 2 auctions in New York at the Waldorf-Astoria hotel. The silver dollar is one of perhaps a dozen examples struck, possibly to celebrate the groundbreaking of the new San Francisco Mint.Graded Extremely Fine 40 by Numismatic Guaranty Corp., it last sold at...
Business strike Morgan dollars with contrast between frosted devices and mirrored fields can be characterized as Prooflike, or if the contrast is particularly dramatic, Deep Mirror Prooflike. Legend offered an 1896-S Morgan dollar graded MS-66 Prooflike with a green CAC sticker from the Coronet Collection that sold for $111,625 against an estimate of $95,000 to $110,000.
The top lot of Legend’s Regency XVIII auction was a 1795 Flowing Hair half dollar graded Mint State 63 by PCGS with a green Certified Acceptance Corp. sticker. Walter Breen illustrated the coin in his book Encyclopedia of United States and Colonial Proof Coins, 1722-1989, describing it thusly: “The solitary coin nearest to qualifying as a presentation piece for the year...
Legend’s auctions are well-known for offering some spectacular rainbow toned Morgan silver dollars and the Sept. 29 sale was no exception. The top toned coin in the series was this 1881-S Morgan dollar graded PCGS MS-68 with a green CAC sticker.
A diverse assortment of coins and coin jewelry will be found in a Scotsman auction set for October, including a Proof 1845 Seated Liberty quarter dollar.
Stack’s Bowers Galleries will present Part V of the D. Brent Pogue Collection of U.S. coins on March 31, 2017, at the Carriage House of the Evergreen Museum and Library in Baltimore. The sale will be held in conjunction with Sotheby’s, and the fifth auction will mark the first Pogue offering held outside of Sotheby’s Manhattan headquarters.