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FUN auction at $41 million

 A 1926-S Buffalo nickel that sold for $99,000.

A 1926-S Buffalo nickel that sold for $99,000.

The Heritage Auctions U.S. coin auction in Tampa realized almost $41 million.

The sale dates were Jan. 3-5 and Jan. 7-8.

It is the big prices that generate the headlines.

There were plenty of those.

Star performer was an 1880 Flowing Hair $4 gold piece, which is nicknamed the Stella.

When the bidding stopped, it stood atop the sale’s results at $750,000. Numismatic Guaranty Corporation graded it Proof-67 Cameo.

Bringing $444,000 was an 1838-O Capped Bust half dollar with reeded edge. It is a branch mint proof graded Proof-63 by the Professional Coin Grading Service with Certified Acceptance Corporation sticker.

$312,000 is the final price for an 1879 Flowing Hair $4 gold piece. The coin is graded Proof-67 Cameo by NGC.

$300,000 was achieved by a 1793 Chain Cent, S-2, B-2, that is graded by the Professional Coin Grading Service Secure as MS-63 with Certified Acceptance Corporation sticker. It is called tied for the sixth finest known.

While not at the top of the auction prices realized list, Buffalo nickels that were in the auction were interesting.

Platinum Night included 14 of these nickels.

Of course, there are 1918/7-D overdate and 1937-D three-legged Buffaloes, but let’s look first at what price the 1926-S brought.

The coin was graded MS-65 by PCGS and had a CAC sticker.

It sold for $99,000.

Can you believe it?

The price of this was nearly double the price of the top-graded 1937-D three-legged Buffalo, which in PCGS Secure MS-66 sold for $48,000.

Now if someone had asked a circulation finds generation collector if they wanted a 1926-S or a top three-legged Buffalo, they would have thought it was a trick question.

But the wonders of grading services and population reports makes all collectors smarter by showing this particular 1926-S is the one to grab.

True rarity can be found where we did not recognize it before.

A 1925-S called lightly toned MS-65 by PCGS Secure sold for $16,200.

There were two 1918/7-D overdates.

The PCGS MS-62 CAC commanded a bid of $45,600 and the PCGS Secure MS-64 brought $66,000.

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This article was originally printed in Numismatic News Express. >> Subscribe today

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