The following post is pulled from Coin World editor Steve
Roach’s Market Analysis column in the Nov. 17 issue.
auction of the Eugene H. Gardner Collection of U.S. Coins took place
in New York City on Oct. 27 and totaled nearly $14 million. The first auction of
his collection earlier this year brought nearly $20 million and there
are two more auctions to go.
Gardner’s goal in pacing
the sales was to allow bidders the chance to buy coins for their
specialty without “breaking the bank” as might happen if a series was
presented in its entirety in a single sale.
Here is one
of three Coin World profiles of Standing Liberty quarter
dollars from Gardner II that found new homes.
coin: 1930-S Standing Liberty quarter dollar, MS-66 Full
The price: $2,350
The story: Beyond rarities, the Gardner collection is
full of solid coins that are nice for the grade, making them
well-suited for type collections. This 1930-S Standing Liberty
quarter, from the last year of issue for the type, is from an issue
that was well-produced and “comes nice.” Graded by Professional Coin Grading
Service as MS-66 Full Head, with CAC label, it sold for
The coin presents particularly well in images,
and Heritage describes the surface as follows: “Soft shades of light
golden color engulf this heavily frosted, beautifully preserved
Premium Gem, with a diagonal ribbon of lavender and ice-blue
stretching across each side.”
Bidders agreed that the
piece had exceptional eye appeal for the grade and it sold for $2,350.
For comparison, Heritage sold two other examples of this issue in this
grade recently, both certified by PCGS and with a CAC sticker, for
much less. On April 27, 2014, one brought $1,292.50 and a month
earlier a different one sold for $1,380.63.
Read more of the "Gardner's Standing Liberties" analysis:
1927-S quarter tops $175,000 at auction
Standing Liberty quarter formerly thought to be a Proof brings
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