second sale of the collection of Eugene Gardner brought $13,753,523 in
New York City on Oct. 27. It is the second of four sales featuring the
first auction, on June 23, brought $19.6 million.
collection is noteworthy for the depth of its early U.S. coins, and
while quarter dollars were a favorite of the collector, the collection
has depth across a wide range of denominations, from half cents to
Trade dollars. (For related Coin World coverage, see "What's the price of perfection?" and
rarities each bring $282,000.")
Many coins with famous previous owners
one would expect considering the scope of the collection, Gardner
purchased many of his coins from public auction, and he participated
in many noteworthy auctions over the past decade. Several of his large
cents came from Heritage’s February 2008 sale of Walter Husak’s
collection, including a 1796 Liberty Cap cent graded Mint State 62
Brown by Professional Coin Grading Service.
is one of 10 large cents of 1796 offered at this auction. When offered
in 2008 it sold for $43,125, and this time around it brought $47,000.
piece is noteworthy in that the obverse of this example is plated in
Dr. William H. Sheldon’s seminal texts on the series, Early
American Cents and Penny Whimsy. It’s the finest known
example of the variety — Sheldon-83 — and has an ownership history
tracing back to several prominent collections and dealers including
Virgil M. Brand, R.E. Naftzger, John Whitney and Anthony Terranova.
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Brief, Oct. 27
Panda bullion, collector coins lack inscriptions for weight,
Series 1957A $1 silver certificate flown in outer space will be
offered in Nov. 12 sale