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Gold $5 price tops $8 million results

Topping the action at the Bowers and Merena Auctions sale at the Whitman Baltimore Expo Nov. 12-14 was a $241,500 price paid for an 1830 Capped Head $5 gold piece graded MS-65 by the Professional Coin Grading Service.

This contributed to the overall prices realized of more than $8 million. Some $5.8 million was realized by U.S. coins and bank notes and $2.1 million was contributed by the Ponterio and Associates world coin and paper money auction.

“Bidding was spirited for both classic rarities and exceptionally high-grade coins, particularly fresh and original pieces that had been off the market for a considerable amount of time,” Steve Deeds, president of Bowers and Merena, said.

He stated the Dr. Alfred R. Globus Collection led the way for many U.S. coin series and types.

Deeds said of the 1830, “This important early half eagle, offered as Lot 3685, realized nearly 40 percent more than the Coin Dealer Newsletter bid of ‘$173K’ for the 1830 half eagle in MS-65.

The $241,500 price includes a 15 percent buyer’s premium as do all other prices reported here.

An 1821 Capped Bust $5 graded AU-53 by PCGS brought $112,125. Deeds pointed out that there are only 15-20 known.

Bringing $97,750 was a three-legged 1937-D Buffalo nickel that Numismatic Guaranty Corp. graded MS-67.

Another important gold lot, an 1804 Capped Bust $10, BD-1, graded MS-63 by NGC realized $96,600.

An 1857-S Liberty Head gold $20 called MS-67 by NGC sold for $74,750.

A highlight silver dollar was an 1895-O Morgan silver dollar assessed as an MS-64 by PCGS. It was hammered down for $71,875.

A 1919-S Mercury dime labeled MS-66 Full Bands by PCGS realized $52,900.

A $47,150 price bought an NGC MS-68 1853-O Seated quarter without arrows at the date.

Among Barber quarters, an 1896-O graded MS-67 by NGC fetched $43,125.

An 1892-O Barber quarter in NGC MS-68 attracted a bid of $22,425.

For more information about the auction, call (800) 458-4646, or visit the Web site at www.bowersandmerena.com.

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