One of just 12 confirmed examples extant of the 1854-S Coronet gold
$2.50 quarter eagle realized $282,000 at auction Nov. 7 in Baltimore.
Certified by Professional Coin Grading Service as Secure Very Fine
35, the quarter eagle was one of 4,483 lots of United States, world
and ancient numismatic items offered Nov. 6 to 8 in floor sessions by
Stack’s Bowers Galleries in conjunction with the Whitman Baltimore
Coin and Collectibles Expo.
The 1854-S quarter eagle is one of just 246 $2.50 coins struck
during the inaugural year of coinage production at the San Francisco Mint.
Authors Jeff Garrett and Ron Guth write in their 2006 reference
Encyclopedia of U.S. Gold Coins 1795-1933 that the 1854-S quarter
eagle was unknown in numismatic circles until 1910 when numismatist
and author Edgar Adams discovered an example.
Previous owners of the 1854-S quarter eagle sold Nov. 7 include
Ambassador R. Henry and Mrs. Emery May Norweb, George L. Davis and
Henry P. Graves.
The finest known of the 12 confirmed existing 1854-S quarter
eagles is an example certified About Uncirculated 53 by Numismatic
Garrett and Guth list the 1854-S quarter eagle as No. 87 in their
book 100 Greatest U.S. Coins.
The sale brought total prices realized for the floor sessions,
including the 17.5 percent buyer’s fee added to the final closing
hammer price of each lot won, of $13,454,639.48. The U.S. coins
offerings brought $10,725,381.20; U.S. paper money realized
$1,243,484.88; and world coins and other materials realized