Collectors CornerSM: The Collectibles Marketplace

A Service of Certified Asset Exchange

Shopping Cart 0 item ($0.00)

PCGS-Certified 1802 Proof Dollar Reaches $920,000 at Heritage's $44 Million Central State Auctions

- April 29, 2008

Dallas, TX. A rare 1802 proof Silver Dollar, part of the silver dollar collection assembled by David Queller and his family, realized $920,000 at the Official Auction of the Central States Numismatic Society convention, held by Heritage Auction Galleries. Lot 2088 was an 1802 “Novodel” Dollar, certified as PR65 Cameo by PCGS, with the B-8 and BB-302 Varieties attributed. The 1802 proof dollar was pedigreed to the Newcomer, Carter, and Queller Collections.

Combining the rare coin and currency results, total prices realized currently exceed $44.4 million, a number which will rise after all Post Auction Buys are posted. More than 6,700 bidders participated in the Signature and Platinum Night events, and another 3,000-plus bid in the Final Sessions. The auctions were held in Rosemont, Illinois on April 16-18; Images, descriptions, and prices realized for all lots can be viewed at the Heritage website, HA.com.

“Heritage was very pleased with the auction wide results at Central States,” commented Heritage President Greg Rohan. “Over the past three years, Heritage achieved enviable results at our Central States auctions: 2005 - $24,265,967; 2006 - $24,145,105; and 2007 - $24,912,768. Frankly, we were beginning to wonder when we were going to exceed that $25 million level! Well, we have decisively smashed that barrier in 2008, and any concerns about the overall economy were decisively rejected by astute collectors willing to pursue quality and rarity.”

PCGS certified highlights from Heritage’s Rosemont Central States Signature & Platinum Night Auctions:

Lot 2088: 1802 “Novodel” Dollar, PR65 Cameo PCGS, B-8, BB-302
Ex: Newcomer-Carter-Queller Specimen
The 1802 proof novodel silver dollar is usually grouped with three other rarities: the 1801 proof novodel, the 1803 proof novodel, and the famous 1804 silver dollars.
From The Queller Family Collection of Silver Dollars.
Realized: $920,000

Lot 2310: 1838-O Half Dollar, PR45 PCGS.
A classic numismatic rarity, with only about a dozen known in all grades. It is thought that just 20 proofs were coined to mark the initial operation of the New Orleans Mint early in 1839, from one of the two die pairs received in New Orleans. This example has a wonderful pedigree for the last half century.
From The Yoder Family Collection, Part One.
Realized: $276,000

Lot 2435: 1820 $5, Curl 2, Large Letters, MS65 PCGS. Breen-6477, BD-7, High R.7. This remarkable coin is tied for the finest known business strike of the BD-7 variety.
Distinguishing between the nine varieties of the 1820 half eagles can be extremely confusing, especially considering the three major types: Square Base 2, Large Letters; Curved (or Curl) Base 2, Large Letters; and Curved Base 2, Small Letters. Ex: Bowers and Merena, June 1986, Lot 344.
Realized: $253,000

Lot 2526: 1932 $20, MS66 PCGS.
This rarity, ex: Morse Collection, is among the finest certified at either service.
Ex: Phillip H. Morse Collection (Heritage, 11/2005), lot 6714.
Realized: $161,000

To discuss consigning coins or currency to an upcoming auction, please call the Heritage Consignor Hotlines at 800-872-6467 ext. 1000 (Coins); or ext. 1001 (Currency).

For more information about Heritage’s auctions, and a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit www.HA.com.

To reserve your copy of any Heritage auction catalog, please contact Client Services at 1-800-872-6467, ext. 150, or visit www.HA.com/Catalog to order by email.





Article provided by PCGS at www.pcgs.com

 
Related sites
The Grading Standard of the Rare Coin Industry
All information about Every U.S. Coin --
Try it for FREE!
Metal Values for All Coins
The Largest Dealer-to-Dealer Numismatic Trading Network
Long Beach Coin, Currency, Stamp & Sports Collectible Expo
© 2007 - 2019 Certified Coin Exchange, Inc. •   Privacy Policy  •  Information about our NASDAQ traded parent Collectors Universe