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1891 gold $20 tops auction by Heritage

A Proof-67 Ultra Cameo 1891 $20 gold piece sold for $158,125 at the Heritage Auctions’ U.S. coin, currency and world coin sales held Sept. 10-13 in conjunction with the Long Beach, Calif., Coin, Stamp and Collectibles Expo.

The coin, which was graded by Numismatic Guaranty Corp., is one of just a couple of dozen known, according to the catalogers.

Its sale contributed to the overall $18.4 million in prices realized for the three auctions. Bringing $9.4 million was the U.S. coin portion, while paper money contributed $5.7 million to the total and world coins $3.2 million.

“We’re very satisfied with the results across the board,” said Greg Rohan, President of Heritage. He noted that there were more than 9,200 bidders participating in the sale, which includes online bidding.

Prices include a 15 percent buyer’s premium.

Another gold $20, this one a 1920-S Saint-Gaudens graded MS-64 by the Professional Coin Grading Service, chalked up a realized price of $132,250.

The catalog said the coin is a classic rarity in all grades.

Paper money contributed a $126,500 price for a Series 1934 $5,000 Federal Reserve Note, Friedberg 2221-G, graded Choice Uncirculated-64 Exceptional Paper Quality by Paper Money Guaranty.

“It’s a fascinating new addition to the census of U.S. notes, and well-valued at its final price,” Rohan said.

Gold was also a dominant player in the world coin auction. An NGC AU-53 1731-R Brazilian Joao V gold 12800 reis with “Italic Shield,” fetched $103,500.

Reaching further down the prices realized in the year of Lincoln, collectors will discover that a PCGS MS-66 Red 1925-D Lincoln cent brought $74,750. The catalog notes that PCGS has assigned this grade to just two coins.

A Buffalo nickel stampeded to the same price. Dated 1920-D, the coin was graded MS-66 by PCGS and it has a Certified Acceptance Corp. sticker.

The same price was also recorded by a 1904-S Barber half dollar graded PCGS MS-66 with CAC sticker.

For more prices realized and other information about Heritage’s auctions, visit www.HA.com.

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