1793 Liberty Cap cent brings $253,000 at Heritage auction

Among highlights at firm's sale at Long Beach Expo
By , Coin World
Published : 09/19/11
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A 1793 Liberty Cap cent, Sheldon 13 (Penny Whimsy by William H. Sheldon), graded Professional Coin Grading Service Secure About Uncirculated 53, sold for $253,000 in Heritage Numismatic Auctions’ Sept. 8 and 9 public auction in Long Beach, Calif.

The coin was one of 1,600 lots of U.S. and Colonial coins, as well as ingots, patterns, Proof sets, medals, tokens and error coins, offered in conjunction with the Long Beach Coin, Stamp & Collectibles Expo.

The U.S. material brought prices realized of $8.52 million, with more than 4,000 bidders competing for 3,936 lots, translating into a sell-through rate of 95.5 percent by total value.

The prices realized include the 15 percent buyer’s fee added to the final closing price of each lot won.

Noteworthy collections offered included the Al Boka Copperheads Collection, part three of the Eagle Harbor Collection, the Shrike Set of Indian Head gold $2.50 coins and the Wesson Collection.

For more details about the auction, visit Heritage Numismatic Auctions at www.HA.com, write the firm at 3500 Maple Ave., 17th Floor, Dallas, TX 75219-3941, or telephone Heritage at either 800-872-6467 or 214-528-3500.

Some highlights:

1847 Coronet half cent, first restrike, Breen 2 (Walter Breen’s Encyclopedia of United States Half Cents 1793-1857 by Walter Breen), Lot 3108, one of three known to Breen, right side of T in CENT sharply doubled, PCGS Proof 63, red and brown, $86,250.

1793 Flowing Hair, Chain, AMERI. cent, Sheldon 1, PCGS Extremely Fine 40, $63,250.

1793 Flowing Hair, Lettered Edge, Wreath cent, S-11c, PCGS About Uncirculated 55, $92,000.

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