Michael Bugeja

Online Coin Auctions

Michael Bugeja

Michael Bugeja, a coin collector since childhood, is a professor at Iowa State University and also a former member of the Citizens Coinage Advisory Committee. He is a nationally known author, journalist and educator.

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Fox Valley Coin Show Features Big and Small Sellers

A 1838 Judd-85 Gobrecht restrike , graded PR65 in an NGC holder was the top selling coin in the Feb. 26 Fox Valley Coin auction, live in Chicago and online via Proxibid, with an onsite winning bid of $115,000, or $138,000 with buyer's premium.

This is a No-Stars version on the reverse. It differs from the less rare Judd-84, which has a reeded edge. The Judd-85 has a plain edge.

Fewer than a half dozen such coins are known, and the last sold for 
$123,375 with BP at the 2013 Long Beach sale. 

The second highest seller was the 1863 $5 PF64 DCAM with CAC sticker with a bid of $82,000, or $98,400 with BP. That, too, went to an onsite seller. PCGS lists the coin at $80,000 retail. The last time a similar coin sold was in 2005 for $69,000.

One of the top-selling coins to an Internet bidder was  a 1916 Standing Liberty Quarter, PCGS Certified at MS64FH with a bid of $17,000 or $20,400 with BP. This is valued by PCGS at $24,000; but recent auction prices hover at the 20K mark. 

Among the low-ball sellers was an 1830 France 5 Franc love token , going for a bid of $25, or $31 with BP.

I managed to win a lot, a 1936 Delaware tercentenary silver commemorative with a bid of $180, or $216 with BP. The fields are exceptionally clean and I am hoping for an MS65 or 66. A 65 would retail at $335 and a 66 at $600.     

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