For every massive coin auction presented by one of the major auction
firms, there are many smaller auctioneers around the country that also
have strong coin sales.
Steven L. Davis’ Michigan firm Numismatic Auctions LLC typically
holds two auctions a year, and its latest summer sale took place June
29 in Okemos, Mich. Unlike many auctioneers, Davis offers the majority
of his coins uncertified, letting bidders ultimately decide what a
coin is worth. His latest auction offered a huge range of U.S. and
world material, and literally had something for everyone and nearly
Here is one of three coins that we took note of.
1872 Seated Liberty half dollar, Proof
A highlight of the auction was a run of U.S. Proof coins from the
second half of the 19th century. These coins were virtually all sold
“raw” (meaning that they weren’t certified by a third-party grading
service) and tested the grading skills of the bidders.
This 1872 Seated Liberty half dollar was described as “Brilliant
Proof” with “radiant electric blue, violet and gold peripheral toning
with mostly white centers, only faint hairlines.” It was a good
looking coin that will perhaps eventually find a home in a type set.
It sold for $1,725. That price is consistent with what a high
quality Proof 63 example might bring, such as one in an older-style Professional Coin Grading Service holder with a
green Certified Acceptance Corp. sticker that sold for
$1,763 at Heritage’s Florida United Numismatists auction
earlier this year.