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Coins tally $13 million for Heritage

NN1003HAGa_color.jpgA 1794 Flowing Hair silver dollar changed hands for $264,500 in Heritage Auction Galleries? Sept. 13-16 U.S. coin auction at the Long Beach Expo.

Graded XF-40 by Professional Coin Grading Service, the dollar was from the Troy Wiseman collection, one of the anchor consignments.

The 6,919-lot U.S. coin sale realized $13,320,264, including buyers? fees.

Outperforming U.S. coins, however, was Heritage?s 4,500-lot paper money sale at the Long Beach, Calif., show, coming in at a total of $14,080,508.

Top lot in the paper money auction sold for nearly double the top U.S. coin lot: an 1880 $1,000 Legal Tender Note brought $517,000.

The note, classified as Krause-Lemke 980 and Friedberg 187k, was graded by Paper Money Guaranty, sister firm to Numismatic Guaranty Corp., as Extremely Fine 40 with restoration on one edge. Heritage catalogers said four examples of this $1,000 note are known.

A world and ancient coin sale, 2,634 lots, that realized $3,237,314, and an online U.S. coin session that contained 3,600 lots and realized $1,061,478, contributed to Heritage?s overall Long Beach sales total of over $31 million.

All prices reported here include buyer fees, which range from 15-20 percent depending on bidding method.

Another top highlight of the U.S. coin sale was an 1878 Flowing Hair Stella, or $4 gold piece, graded PCGS Proof-65. It sold for $207,000.

A 1792 half disme, often regarded as the first coin of the United States, PCGS XF-40, went for $94,875.

A 1793 Chain cent, PCGS AU-53, hit $86,250 while a 1793 Liberty Cap cent, also PCGS AU-53, went for $46,000, both from the Wiseman Collection.

Another Wiseman consignment was a 1796 half dollar, 16 stars, graded VF-30 by PCGS, that traded for $69,000.

An 1867 Shield nickel with rays, PCGS Proof-65 Cameo, topped off at $69,000, and a 1968 ?No ?S?? Roosevelt dime PCGS Proof-68 Cameo, hit $48,875. A Carson City quarter, an 1870-CC Seated Liberty graded NGC AU-50, brought $40,250. Selling for $43,125 was an 1895 Morgan dollar, PCGS Proof-64.

A Wiseman 1796 quarter eagle, PCGS AU-55, brought $92,000 and an 1811 small 5 $5 gold piece, NGC MS-65, finished at $60,365.

Two 13-leaf gold $10 coins from 1795 were offered, the first a PCGS AU-58 that fetched $80,500, the second a PCGS VF-30 that brought $46,000.

Among gold $20s, a 1921 NGC MS-61 led prices at $103,500, followed by a 1909 PCGS MS-66 at $86,250, a 1932 PCGS MS-64 at $83,375, an 1897 NGC Proof-65 Ultra Cameo at $77,625 and an 1861-O NGC AU-55 at $42,262.

A 1915-S Panama-Pacific commemorative $50, the round version, graded PCGS MS-63, went for $70,150, and an octagonal Pan-Pac $50 graded PCGS AU-58 realized 51,750.

A pair of Canadian coins highlighted Heritage?s world coin auction, one a George V 1936 10 cents with dot, Standard Catalog of World Coins No. KM-23a, graded Specimen-63 by PCGS. It brought $115,000. The same figure was realized by a George V 1921 50 cents, KM-25a, graded PCGS MS-65, that was formerly in the John Jay Pittman collection.

For more, see Heritage Web site www.HA.com, or call (800) 872-6467.

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