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Heritage Hosting US Signature Auction October 17-19

Internet bidding opens on Sept. 27 with live lot viewing taking place Oct. 16-18 and the live auction taking place October 17-19. Both lot viewing and live bidding take place at Heritage Auctions – Dallas located at 3500 Maple Ave., 17th Floor, Dallas, Texas, 75219.

Perusing the pre-auction listings, we find more than 2,100 lots already listed online. A further breakdown shows 160 small cents, 110 nickels, 106 dimes, 135 quarters and twenty-five cents, 260 half dollars, 400 silver and related dollars, 128 half eagles, 99 Eagles, 161 Double Eagles, 144 classic commemoratives, as well as an assortment of colonials, half cents, large cents, errors, tokens, patterns, gold coins and more.

Featured items include a 1912 Matte Proof Indian Eagle graded PR65 PCGS.  Mint records show that 144 were produced, but only 83 sold, as the public had lost interest in the matte proofs, making them scarcer to collectors today for 1912 proofs. Previous auction prices realized range from $21,450 in 1996 to $37,950 in 2009.

1912 $10 Matte Proof Indian Eagle. (Image courtesy of Heritage Auctions)

Another popular item will be a 1797 16 Stars Half Dime, graded MS-66. It’s a difficult variety to locate in Mint State with one leaf distant from the first T in STATES. Both the obverse and reverse display a deep patina. A previous auction in 2016 for an MS-66 PCGS 1797 resulted in a sale of $123,375.

1797 16 Stars Half Dime. (Image courtesy of Heritage Auctions)

A pewter 1776 Continental dollar graded MS-65 NGC is an important offering that Heritage is pleased to present.  Rarely seen in this fine of condition, this coin has the potential to command six figures.  Heritage last sold a 1776 MS-65 Continental Dollar in 2016 for $235,000.

1776 $1 Continental Dollar, CURRENCY, Pewter, EG FECIT, MS65 NGC. (Image courtesy of Heritage Auctions)

An extremely rare Gem Level 1901-S Quarter, graded MS-65 PCGS will be offered in this auction as well. For collectors of the Barber quarter series, three dates stand out as rarities: 1896-S, 1901-S and 1913-S. With just 72,664 pieces minted of the 1901-S, PCGS has seen 932 submissions, with most grading G4 or lower, making this offering, a Mint State 65, extremely rare. Advanced collectors will appreciate this offering, which could bring upwards of $60,000.

We’ve seen a handful of offerings from the Panama Pacific International Exposition appearing in auctions lately, making this 1915-S Panama-Pacific Fifty not unexpected. Octagonal in shape, it’s been graded MS-63 by NGC. These 1915-S Octagonal fifties pay tribute to that engineering marvel. Designer Robert Aitken included dolphins around the periphery to symbolize the “uninterrupted waterway” that would facilitate trade between East and West. Only 645 Octagonal fifties were distributed. PCGS has seen 171 in this grade and 174 in higher grades, with NGC seeing 116 in this grade and 223 in higher grades. At the ANA World’s Fair of Money in August, a similar specimen sold for $69,000. At the Central States U.S. Coin Signature Auction in April, a sale of 472,000 was recorded. So, an estimate of $70,000 would be appropriate.

1915-S Panama-Pacific Fifty, MS-63. Only 645 examples distributed of this iconic octagonal version. (Image courtesy of Heritage Auctions)

One last featured item would be an 1810 Capped Bust left half Eagle, graded MS-65.  In the BD-4 variety, this coin is distinguished by the large numerals in the date and the Large 5 in the denomination.  It is a relatively available issue, with an estimated quantity of 500-750 surviving, however, examples in MS-65 condition are hard to come by. The most recent auction price reported by Heritage for a coin in similar grade is from 2008 with a final selling price of $92,000, so it will be interesting to see where this lot closes.

To view all lots in Heritage Auctions’ U.S. Signature Auction, or to register to bid, visit www.ha.com.

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