US Coins

Top 10 Stories of 2015 Market Analysis Pogue

Pogue’s 1795 Capped Bust Right, Small Eagle, $10 gold eagle graded MS-66+ by PCGS sold for $2,585,000 on Sept. 30, 2015.

Original images courtesy of Stack's Bowers Galleries

2015 was an important year for rare coin auctions. Hundreds of named collections were sold at auction houses, but three stood out from the crowd. Selections from the amazing collection of Texas businessman D. Brent Pogue were offered at two Stack’s Bowers/Sotheby’s auctions in 2015, realizing more than $50 million. At Heritage, 2015 saw the conclusion of the Gene Gardner auctions, which exceeded $53 million, and the Donald G. Partrick collection, which brought nearly $26 million at the 2015 Florida United Numismatists show. Here are three rarities from these collections.

The Coin:
1795 Capped Bust, Small Eagle Gold $10, MS-66+

The Price:

The Story:
The two 2015 auctions of the Pogue Collection realized more than $50 million, with three more sales scheduled for 2016. The first sale on May 19, 2015, attracted widespread media attention with the final lot in the sale, an 1808 Capped Draped Bust quarter eagle selling for $2.35 million, setting a record for any 19th century U.S. gold coin.

The Pogue II sale on Sept. 30, 2015, saw a 1795 Capped Bust, Small Eagle gold $10 eagle graded MS-66+ by Professional Coin Grading Service realize $2,585,000. On the 18th century stunner, Stack’s Bowers Galleries’ catalog established its importance in the opening sentence, writing, “The most glorious 1795 eagle known, this coin is the single finest survivor from the first year of the largest gold coin authorized by the Mint Act of 1792,” before calling it “the ultimate example of the type.”

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Pogue II consisted of 105 lots that brought an average $248,769 per lot, and included four coins that passed the $1 million mark.

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