A rare proof Seated Liberty dime struck at the Carson City mint sold for $178,250 in Superior Galleries? Jan. 5-6 Orlando Elite Auction.
The dime was an 1876-CC graded Proof-65 by Professional Coin Grading Service, the only example certified by PCGS. It is not clear why the branch mint made any proofs. One other proof is held by the Smithsonian Institution and others are reported to exist, but no precise total is known.
Superior catalogers had expected the piece to bring $100,000-$150,000.
Superior?s 800-lot event in Orlando, Fla., on the weekend before the Florida United Numismatists convention realized a total of $2,630,323. All prices reported here include 15 percent buyer fees.
Top price of the sale was bid for an 1879 $4 Flowing Hair ?Stella? pattern, graded Proof-65 by Numismatic Guaranty Corp. It went for $207,000.
An 1851 U.S. Assay Office octagonal $50 slug, ?887 THOUS.? variety, graded NGC MS-62 hit $189,750. It was followed by an 1852 U.S. Assay Office $50 ?900 THOUS.? variety, NGC MS-61, that fetched $90,850.
Gold coins featured an 1887 $3, NGC Proof-67CAM, that reached $80,500, which was the same level achieved by a 1907 Saint-Gaudens High Relief $20 in PCGS MS-66.
An 1852 gold dollar pattern, Judd 137, PCGS Proof-65, realized $69,000.
An 1836 Gobrecht dollar, Judd 60, PCGS Proof-64, finished at $52,900.
?We are very pleased to have begun the 2008 auction season on such a high note. ... We were especially pleased to have realized $178,250 for the extremely rare 1876-CC Seated Liberty PCGS Proof-65 dime from the stellar Irene Collection, by far a world record for this coin which had been off the auction market for over two decades,? said Paul Song, senior vice president of auctions for Superior.
?Perhaps the biggest surprise in the auction was the group of five gold so-called annular patterns from the LRIS Collection, which virtually all realized world record prices at auction and together realized in excess of $230,000, all five going to the same collector,? Song said.
The firm?s next auction, its Beverly Hills Elite Auction, will be held Feb. 10-12. Song said one featured consignment to that sale is the Turtle Rock Collection of Proof Seated and Liberty Dimes.
For more information, contact Song or consignment director Aaron Malone at telephone (800) 545-1001 or e-mail address firstname.lastname@example.org.