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Heritage sells a pair of coins for $5 million

392006067color.jpg AN44681734-ozcolor.jpgMore than $5 million exchanged hands in the recent sale of two rarities to an unidentified private collector.

A 1907 Ultra-High Relief $20 Lettered Edge, graded Proof-69 by Professional Coin Grading Service, and a 1796 gold $2.50 in PCGS MS-65 condition were the two coins sold to the collector by Heritage Auction Galleries of Dallas, Texas.

According to Heritage, the two coins are the finest graded by either Numismatic Guaranty Corp. or PCGS, the Ultra-High Relief being the only Proof-69 and the 1796 No Stars quarter eagle the only MS-65. The coins went for $3,350,000 and $1,725,000, respectively.

?Interestingly, both coins had been sold at auction just last year,? said Greg Rohan, president of Heritage. ?The Ultra High had realized $2.99 million in Heritage?s November 2005 Signature auction, and the 1796 $2.50 had sold in American Numismatic Rarities? July, 2005 New York auction for $1,380,000. And Jim Halperin, bidding for Heritage, had underbid the second coin at $1,322,500. We sold both coins to our client on behalf of their two purchasers.? 

For more information about Heritage?s auctions, visit Heritage?s Web site, www.HeritageAuctions.com.

Prospective consignors and sellers of vintage or collectible material can contact Heritage at (800) 872-6467.

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