It was acquired by the Alexander Collection back in 1948 at Frank Katen/Milford Coin & Stamp Co.’s American Numismatic Association convention.
This was a generally well-produced issue with a high mintage, but the colorful coin here is tied with only five others graded by PCGS as MS-66.
At $20,562.50, its price well-exceeded the $12,000 to $14,000 that other, less colorful PCGS MS-64 examples have realized in recent auctions.
The collectors said that they were hesitant to sell, but told Heritage that it was time to give the opportunity to others to enjoy the items they have cherished for so long.
The market for vibrant, rainbow toned Morgan silver dollars shows little sign of cooling off, as seen from this crisp 1881-S lot.
A pair of coins from the early years of the U.S. Mint — a 1794 silver dollar and a 1799 gold eagle — await bidders in Heritage’s Feb. 21 to 26 auctions held in conjunction with the Feb. 22 to 24 Long Beach Expo in California.
A pair of New Orleans Mint coins stand out in a noteworthy collection of Coronet gold eagles to be offered at auction by Heritage in Long Beach in February.
The 1795 Flowing Hair silver dollar features the bust of Liberty used in 1794. Given the rarity of 1794 dollars, this handsome coin provides an alternative as a solid type coin.
Dr. Jon Amato literally wrote the book on the Draped Bust half dollars of 1796 and 1797, a rare two-year type coin. Portions of the late collector’s collection were offered at auction in January.
While not much to look at in terms of condition, one of the rarest offerings in the collection is an 1802/0 Draped Bust, Reverse of 1800 half cent graded PCGS About Good Details, Damaged.