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American rarities highlights Dutch auction

1879 gold $4 Stella leads Nov. 3, 4 sale
By , Coin World
Published : 10/27/11
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American coins, including a handful of famous rarities, are among the highlights in a Dutch auction scheduled for Nov. 3 and 4.

The auction house Schulman b.v., in Hilversum, the Netherlands, offers in its 337th auction 160 lots of American coinage, including several rarities. The U.S. coinage section is an unusually large offering for the firm, and is among 1,431 lots in the sale.

Leading the auction is a 1879 Flowing Hair Stella gold $4 pattern.

Proposed as a denomination suitable for international circulation, the $4 coin never materialized beyond the pattern stage, where multiple versions were produced in 1879 and 1880 with two distinct obverse designs each year, one a Flowing Hair Liberty motif and the other a Coiled Hair Liberty motif. The coin in the Schulman auction is the most common version, with more than 425 pieces known. The other three coins have individual mintages of between 12 and 18 pieces.

The example in the Schulman auction is listed as Proof and has an estimate of €95,000 (about $132,000 U.S.).

Another American highlight is a 1907 Saint-Gaudens, High Relief, Roman Numerals gold $20 double eagle. Graded Mint State 63 by Professional Coin Grading Service, the coin has an estimate of €18,000 ($25,020 U.S.).

A highlight among the 722 lots of coins and paper money of or related to Netherlands and Dutch history happens to also have an American provenance.

The auction’s 1944-D silver 10-cent coin for the Netherlands was struck at the Denver Mint but was not among the more than 24 million examples melted. Graded MS-63 by Numismatic Guaranty Corp., the coin has an estimate of €10,000 ($13,888 U.S.).

Other highlights and major rarities from the Dutch coins include the 1774 gold half-dukaton of Utrecht, an 1848 gold 10-gulden coin of Willem II, an 1850 Willem III gold 10-gulden coin and an 1853 Willem III gold 20-gulden coin.

The auction also features ancient and world coins and historical medals, the latter including papal medals.

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