Nearly $60 million in rare coins and currency traded hands at
auctions during this year’s American Numismatic Association World’s Fair of
Money in Anaheim, Calif.
Stack’s Bowers Galleries totaled more than $21 million in its
official ANA auctions while Heritage saw more than $38 million in its sales.
Stack’s Bowers Executive Vice President Christine Karstedt said
after the sale, “Collectors demonstrated an enthusiasm for originality
and true rarity across all series, indicating demand for premium
quality coins at every level from common date Morgan dollars to
Here is one of three sold gold coins we're profiling in this week's
1907-D Coronet gold $20 double eagle, NGC
This 1907-D Coronet gold $20 double eagle represents an important
discovery for the series and the hobby’s understanding of Branch Mint
Proofs. Another example exists — struck on Sept. 30, 1907 — and
Heritage believes that the offered example was struck on the same day
to celebrate the end of the Coronet double eagle type.
Connect with Coin World:
Heritage’s coin was graded Specimen 62 by Numismatic Guaranty Corp.,
but Heritage wonders why it wasn’t considered Proof, noting, “The
depth of mirroring in the fields is consistent with proofs of the era,
the strike is comparable, and there is no trace of cartwheel in the fields.”
Part of the issue is that few pieces are known and contemporary
documentation is scarce. Heritage pointed out, “The coins speak for
themselves, and it is apparent the planchets were specially prepared,
and an attempt was made to produce a product that would be comparable
to [Proofs] struck in the Philadelphia Mint.” Collectors agreed and
the flashy double eagle sold for a strong $176,250.
Keep reading about
notable gold coins sold at the 2016 World's Fair of Money:
1797 Capped Bust, Small Eagle $10 leads gold rush at
World’s Fair of Money