Gold Pattern Leads Central States Sale to $27.8 Million
An 1863 $10, Judd-349, PF-64 Cameo, PCGS, CAC soared to a record $810,000 to lead Heritage’s Central States Numismatic Society U.S. Coins Signature® Auction to $27,825,772.
Hammering at an impressive $810,000, this 1863 $10 gold coin graded PF-64 Cameo led the U.S. coin selections of Heritage’s Central States auction to more than $27 million.
That total, combined with Heritage’s CSNS Currency Signature® Auction, which ended at $12,610,964, and the CSNS World & Ancient Coins Platinum Session and Signature® Auction, which reached $11,904,407, raised the total for the three events to $52,341,143.
The 1863 Judd-349 $10, which smashed its previous auction record (set in the coin’s last auction appearance in 1988) of $64,900, is the only gold specimen known to collectors from these dies, and it claims an unbroken pedigree back to its day of striking. Only a few numismatic issues – Judd-349 among them – can claim to be unique. This coin was among the Important Selections from The Bob R. Simpson Collection, Part XII featured in the auction, a trove from which highlights also included a 1795 13 Leaves Eagle, BD-1, MS-64+ that drew 37 bids on its way to $600,000 and three coins: a 1796 BD-1 Eagle, MS-62+ PCGS, CAC, an 1839 Gobrecht dollar, Judd-109 Restrike, Pollock-122, Unique, PF-64 Red and Brown PCGS and a 1799 $10 Large Obverse Stars MS-65 PCGS, CAC– each of which reached $360,000.
“The exceptional results in these auctions reflected the outstanding items contained in each one and cast a spotlight on the understanding of the numismatic collectibles market by the bidders who took part in these events,” says Greg Rohan, president of Heritage Auctions.
The top result for a lot that was not part of the Simpson Collection was $408,000 for an 1893 Liberty double eagle, PF-65 Deep Cameo PCGS, more than doubling the auction record of $192,000, which was set at Heritage Auctions in 2022. The Philadelphia Mint decreased production of proof Liberty double eagles to just 59 pieces in 1893, and unfortunately, the issue has a low survival rate, perhaps due to the ready availability of high-grade business strikes, with a mintage of 344,280 pieces. Whatever the reason, the 1893 proof Liberty double eagle is an elusive issue in all grades today: PCGS and NGC have combined to certify only 13 specimens between them, with this coin being the single finest. Another double eagle – an 1896 Liberty $20, PF-66 Deep Cameo PCGS – reached $300,000.
This 1893 Liberty Double Eagle gold coin, graded PF-65 Deep Cameo, went to its new owner for $408,000.
An 1879 Flowing Hair Stella, Judd-1635, PF-66 Cameo CACG, an example of one of the most popular issues in American numismatics, drew a winning bid of $324,000. Although technically a pattern, the 1879 Stella, which was named one of the 100 Greatest U.S. Coins, typically is collected as a trophy coin and type issue. The surviving population is in the hundreds, which only adds to the demand for this rarity.
This 1879 Flowing Hair Stella, graded PF-66 Cameo, went for $324,000.
Complete results for Heritage’s U.S. Coins auction can be found at the Heritage Auctions website.
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