An extremely rare example of the prized
Ultra High Relief double eagle sold for $1,057,500 to lead
the results of Heritage Auctions’ US Coins Signature Auction, held in
Philadelphia August 2-5. More than $21 million in rare coins sold in
August 3rd’s Platinum Night. Overall, this auction brought
its happy consignors over $27.5 million, with an additional $1 million
in sales from Heritage’s currency auction held on August 3. All prices
included 17.5% Buyer’s Premium.
The Ultra High Relief double eagle in this auction is distinctive
because of its 1906 Style edge lettering, in a Sans Serif Font with
stars between each of the letters of E PLURIBUS UNUM. This lettering
style dates this coin as one of the first three Ultra High Reliefs
struck. This piece was the first coin discovered with this lettering
style, in 1992, and today just two such coins are known. The coin
shows evidence of handling, as implied by its Proof-58 grade. If it
was used as a pocket piece by some early recipient, we can only wonder
who that person was!
Almost as rare, with only four examples known, is the
Novodel proof dollar that realized $851,875. The term
“novodel” describes a coin struck long after the date it bears, but
which is not a restrike. The dies for this coin were most likely
prepared in the 1870s, when the coin is believed to have been struck.
Two separate condition censuses consider this the finest known of the
four examples by the tiniest of margins.
The 1921 Saint-Gaudens double eagle is an absolute rarity that
sells for mid- to high-five figure prices in any grade. It is also the
premier condition rarity in the series, with only four examples known
that grade MS65 or higher.
such Gem sold for $587,500 in this auction, demonstrating
the extreme interest these large gold coins hold for collectors.