BEVERLY HILLS, CA.- A 1907 High Relief Flat Rim double eagle coin, MS66 NGC realized $64,625 as the top lot in
Heritage Auctions' $10+ million Nov. 6-10 U.S. Coins Signature® Auction.
"This is a coin that is on the wantlist of many collectors," said Greg Rohan, President of Heritage Auctions, "simply because it's often considered the most beautiful coin produced by the US Mint. Two varieties of this coin exist: the Wire Rim, with a 'fin' around the rim, and the Flat Rim, a not entirely successful attempt to remove the extra metal and make the coins stackable. The Flat Rim is scarcer and more desirable, which lent to the final price realized."
A particularly high-end proof gold coin offered in Beverly Hills was a 1900 quarter eagle, PR68 Deep Cameo by PCGS, which sold for $64,625. PCGS has only certified one example finer, at Proof-68+ Deep Cameo.
"Gold proofs do not enjoy the wide-ranging demand of coins like the 1895 dollar or High Relief double eagle," said Rohan, "but their beauty and exceptional rarity ensure that they will bring high prices whenever they are offered."
A PCGS-graded PR64 Cameo Mint 1895 Morgan Dollar, a coin much in-demand from legions of Morgan dollar collectors looking to complete their date/mintmark sets, was the subject of spirited bidding and a final price realized of $58,750. Philadelphia Mint records state that 12,000 such dollars were struck for circulation, but none of these are accounted for. Numismatists differ as to whether the coins were melted or simply never struck with the 1895 date. The Proof 1895 dollar, therefore, is immensely sought after and examples sell for prices commensurate with their exceptional demand.
Further highlights include, but are not limited to:
• 1901 $1 Doubled Die Reverse, VAM-3, MS61 PCGS: Realized $41,125.
• 1859 $10 MS62 PCGS: Realized $41,125.
• 1870 $1 PR67 Ultra Cameo NGC: Realized $39,363.
• 1921-S 50C MS64 PCGS: Realized $38,775.
• 1883 12.5C Hawaii 12 1/2 Cents PR62 PCGS: Realized $38,188.
• 1846-O $1 MS64 PCGS: Realized $35,309.
• 1873-CC $1 XF45 ANACS: Realized $35,250.
• 1799/8 $1 15 Stars Reverse MS62 PCGS: $34,075.
• 1797 $10 Large Eagle AU58 NGC: Realized $32,900.
