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Gold $50 tops B&M auction in Florida

An error 1851 Augustus Humbert gold $50 will highlight the Orlando Rarities Sale Jan. 5, 2010, to be conducted by Bowers and Merena Auctions.

The sale will be held two days prior to the opening of the Florida United Numismatists Convention at the Doubletree Resort-Orlando International Drive.

Steve Deeds, B&M president, said of the coin that it is “an extremely important, previously unknown engraving error. Nominally an example of the Kagin-2 Lettered Edge variety – itself a scarce variety with a Rarity-5 rating – this particular piece is missing the digits 88 in the inscription 880 THOUS, resulting in a partially blank scroll on the obverse above the eagle. A discovery piece that has been certified AU-55 by PCGS, this coin is sure to warrant the undivided attention of Territorial gold specialists.”

Pointing out other highlights in the auction, Deeds said, “We will also be presenting a low-mintage 1916 Standing Liberty quarter graded MS-65 Full Head by NGC, an elusive 1796 Draped Bust, Small Eagle half dollar of the 16 Stars variety in PCGS/CAC VG-10 and an exquisite 1879 Flowing Hair Stella rarity that NGC has certified as Proof-66 Cameo.”

Other coins in the sale include a Proof-68 Cameo 1880 Trade dollar graded by NGC.

Among the top gold coin lots is an 1802/1 $2.50 gold piece, Capped Bust right, graded MS-63 by NGC.

An 1834 gold $5 of the Classic Head type with Crosslet 4 in the date grades MS-61.

In the $10 denomination comes an NGC graded MS-61 1796 Capped Bust coin.

“2010 promises to be another exciting year for Bowers and Merena,” Deeds, said.

More information can be found on the firm’s Web site, www.bowersandmerena.com. Printed catalogs are available by calling (800) 458.4646.

By mail Bowers and Merena may be contact at 18061 Fitch, Irvine, CA, 92614.

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