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1793 Chain cent tops Pogue part three

Part three of the D. Brent Pogue auction shows the rarities don’t stop coming.

The Feb. 9 sale called by Stack’s Bowers and Sotheby’s auction galleries brought in $17,135,613, including buyer’s fees.

While no coin broke the $1 million barrier in this auction, a number of coins came close.

Copper half and large cents led the way, with 16 lots bringing in almost 38 percent of the auction total.

Top lot for the night was this 1793 Liberty

Top lot for the night was this MS-65 red-brown 1793 Flowing Hair Chain cent, Sheldon-3, that sold for $998,750.

The top lot sold was a PCGS graded MS-65 red-brown 1793 Flowing Hair Chain cent, Sheldon-3, featuring the full America lettering. It went for $998,750, narrowly within its pre-sale estimate of $750,000 to $1 million.

The second-highest price paid was $940,000 for a 1794 Liberty Cap half cent graded by PCGS as MS-67 red-brown. The coin is the finest known example of the Liberty Cap half cent series, a fact that probably played a part when it surpassed its $600,000 to $800,000 estimate.

It was previously sold in a January 2014 Goldberg auction for $1.15 million including the buyer’s fee.

Silver coinage represented most of the lots, with 30 dimes and 42 half dollars up for auction.

On top for silver dimes was a PCGS MS-66 1822 Capped Bust dime that brought in $129,250, just above its $100,000 to $125,000 estimate.

Silver coinage had a large turnout with this 1827

Silver coinage had a large turnout with this Prf-67 1827 Capped Bust half dollar netting $258,500.

A 1827 Capped Bust half dollar then stole the show for silver coinage when it was purchased for $258,500. The coin was graded Prf-67 by PCGS with a population of one in the grade and none finer. Its provenance also traces back to famous numismatists George Earle and Louis Eliasberg.

A number of $3 gold pieces then made up lots 3089 to 3131. The top lot there was an 1875 Indian Head $3 proof coin, graded Prf-65+ deep cameo by PCGS. It sold for $329,000.

Third highest lot for the sale was this 1815

Third highest lot for the sale was this MS-65 1815 Capped Bust left half eagle, earning $822,500.

Gold half eagles then ended the auction where an MS-65 1815 Capped Head left half eagle brought the third highest price for the auction when it earned $822,500.

The Pogue collection has now realized $68.6 million for three installments. Part one realized $25,312,731.25, while part two saw $26,120,838. Individual coin results can be found at http://www.stacksbowers.com.

Part four is expected to occur in April.

This article was originally printed in Numismatic News.
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More Collecting Resources
• Come on down to the Chicago International Coin Fair in Rosemont, Ill. on April 14 to 17, 2016 to see impressive world coins, meet new collectors and participate in Heritage Auction’s fantastic coin auction.
• Are you a U.S. coin collector? Check out the 2016 U.S. Coin Digest for the most recent coin prices.

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