Below is the second of three segments from Steve Roach highlighting
Proof coins from January's FUN auction:
In a general sense, the market has cooled recently for 19th century
Proof type coins, though key issues remain popular with buyers.
Heritage’s Jan. 6 to 11 auctions held during the Florida United
Numismatists show in Tampa included an important collection of these
generally gorgeous and low-mintage coins. The Kling Family Collection
of Proof coins was put together over many years and here are three
coins from that collection that showcase the diversity of the Kling
Collection and the market for 19th century Proof coins.
1865 Seated Liberty half dime, Proof 65
Many of the 300 coins in the Kling Collection
were reasonably priced, with more than a third selling under the
$1,000 price point. Just over that was an 1865 Seated Liberty half
dime graded Proof 65 by NGC that brought $1,028.13. It last sold at
auction more than a decade earlier at a November 2003 Heritage auction
where it brought $603.75.
Its low mintage of just 500 pieces is typical for the era and its
rich color, including gold, aquamarine, garnet and sea green hues, is
handsome and characteristic of many originally toned 19th century
Heritage called the Kling Family Collection “without a doubt one of
the most comprehensive collections of proofs we have ever offered,”
and Louis “Lew” Kling continues to attend coin shows. Today his
collecting focus is on 1907 Saint-Gaudens, High Relief gold $20 double
eagles, key coins and his Mint State type collection of early gold.
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