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First 128 PCGS-Certified Pogue Collection Coins Bring $25 Million

- May 27, 2015

(New York, New York) -- Stack's Bowers Galleries and Sotheby's jointly reported a combined total of over $25 million in winning bids to purchase the first 128 PCGS-certified coins offered at public auction from the eagerly-anticipated D. Brent Pogue Collection in New York City, May 22, 2015.

1808 Quarter Eagle PCGS MS65
This 1808 Quarter Eagle, graded PCGS MS65, set a record price of $2.35 million in the first auction of D. Brent Pogue Collection coins. (Photo from PCGS CoinFacts.)
Click to enlarge

1796 Pogue quarter PCGS MS66
Graded PCGS MS66, this 1796 Quarter Dollar from the D. Brent Pogue Collection sold for $1,527,500. (Photo from PCGS CoinFacts.)
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The finest known example of an 1808 quarter eagle, graded PCGS MS65, realized $2.35 million, a new world record for any coin of the quarter eagle denomination.  It also became the most valuable 19th century U.S. gold coin ever sold at auction.

The coin's design was only struck in 1808.  This particular coin previously was in several of the most famous collections of U.S. coins ever assembled, including Lorin G. Parmelee, John Story Jenks, Col. E.H.R. Green, Dr. J. Hewitt Judd, and Louisiana Congressman Jimmy Hayes.

Two other coins had winning bids of more than $1.5 million.  The James Ten Eyck - Milton A. Holmes 1796 quarter-dollar, PCGS MS66, sold for $1,527,500, tying the world record for any United States quarter.  A 1797 half dollar set a world record for any U.S. half dollar denomination coin at $1,572,500.  It previously was in the Virgil Brand and Lelan Rogers collections.

"The D. Brent Pogue Collection was built with the very highest quality as the goal, so it’s no surprise that the modern generation of collectors was willing to set new world record prices to acquire them," said Brian Kendrella, President of Stack’s Bowers Galleries.  “While collector interest is high in all coins across the board, we saw tonight that collectors were willing to compete strongly to own the very best condition coins in existence."

Six more offerings of coins from the D. Brent Pogue Collection will be brought to auction by Stack’s Bowers Galleries (www.stacksbowers.com) and Sotheby’s (www.sothebys.com) in 2015, 2016, and 2017.  All the coins have been authenticated, graded and certified by Professional Coin Grading Service.

The next Pogue sale, including Capped Bust half dollars (1807-1822), Flowing Hair silver dollars (1794-1795), early quarter eagles (1821-1839), early half eagles (1795-1807), and early eagles (1795-1804), will take place at Sotheby’s New York headquarters on September 30, 2015.

Professional Coin Grading Service was founded in 1986 by distinguished numismatic experts, and now has offices in California, Shanghai, Hong Kong and Paris.  PCGS experts have certified over 30 million coins with a total market value of over 29 billion dollars.  PCGS represents the industry standard in third-party certification, and is a division of Collectors Universe, Inc. (NASDAQ: CLCT).

For additional information about PCGS products and services, call 800-447-8848 or email [email protected].




Article provided by PCGS at www.pcgs.com

 
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