second of five planned auctions by Stack’s Bowers Galleries and
Sotheby’s of the D. Brent Pogue Collection of Masterpieces of United
States Coinage realized $26,120,838 on Sept. 30 in New York City. Four
coins topped the $1 million marker. When combined with the first sale
on May 19, the total for the first two Pogue sales now exceeds $50
million. (A Rarities Auction held after Pogue II on Oct. 1 realized
nearly $3 million.)
Pogue II, the first 40 of the 105 lots offered were Capped Bust half
dollars. Here is one that was a standout.
1807 Capped Bust half dollar, MS-65
The second Pogue auction opened with a bang with lot 1, a PCGS
MS-65 1807 Draped Bust half dollar, of the 50/20C reverse variety
(Overton 112). The coin started the sale strong as it brought
$129,250, well above the estimate of $25,000 to $35,000.
While not, by itself, a rare variety, few Gem examples are known and
this one featured surfaces described as a “polychromatic delight” with
rich gold centers, “concentrically framed by orange, rose, violet,
pastel blue, and pale green.”
The half dollar came from the collection of Cornelius C. Vermeule
III, longtime curator at the Museum of Fine Arts, Boston, and
numismatic author of many works including Numismatic Art in America.
Despite the presence of numerically higher-graded examples of this
variety, some Bust half dollar aficionados consider Pogue’s to be the
Keep reading this Market Analysis:
1818/7 Capped Bust half dollar is 'relatively affordable'
Here's a gorgeous 1822 Capped Bust half dollar