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Two-day ANR Baltimore sale fetches $6 million

AucANR1227A.jpgThe money was flowing and so was the hair.

An 1879 Flowing Hair $4 Stella, graded Proof-61 Cameo by Numismatic Guaranty Corp., realized $120,750 at American Numismatic Rarities? Baltimore sale Dec. 6-7. In all, the auction fetched nearly $6 million, including the 15 percent buyer?s premium.

The coin was part of the Old Colony Collection that anchored the sale. Some of the material in this collection had been off the market since before World War II.

The first day of the sale realized $1.7 million.

Of the half eagles in the Old Colony Collection, the spotlight shone on a newly discovered finest known 1851-O $5. Graded MS-64 by Professional Coin Grading Service, the piece was fought over by ANR clients on the phone. An unnamed buyer represented by Dr. Rick Bagg finally won out with a bid of  $63,250.

Other Old Colony half eagles included a Small Eagle 1795 graded AU-58 by NGC that brought $46,000.

Among early $10 pieces, a Small Eagle 1795 specimen, graded MS-61 by NGC, brought $93,150, while a 1796 piece from the Old Colony Collection, graded AU-58 by PCGS, sold for $86,250.

The next ANR auction is scheduled for Orlando, Fla., in January 2006, with another Baltimore sale slated for March. For more information about consigning to an ANR sale, contact Dr. Richard A. Bagg or John Pack by calling (866) 811-1804 or writing to: P.O. Box 1804, Wolfeboro, NH 03894. To view results of this ANR sale and others, visit www.anrcoins.com.

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