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PCGS-Certified Coins Are Foundation of Heritage's Most Valuable Long Beach Signature Ever: $35.4 Million!

- Oct 1, 2008

(Dallas, TX.) Hundreds of Registry-level coins certified by PCGS were sold in Heritage’s record-setting Long Beach Signature® Auction, held Sept 17-21, 2008 at the Long Beach Coin Expo; this was the most valuable auction Heritage has held in two decades of Long Beach events. Heritage also held auctions featuring U.S. Currency, Ancient & World Coins, World Currency, and Tokens and Medals. Auction results are now posted by Heritage Auction Galleries on their HA.com website.

“Among the PCGS-certified rarities sold at Long Beach auction,” commented Heritage President Greg Rohan, “was Lot 4508, a 1929 $20 certified MS66 PCGS (one of the finest known) which realized $184,000, and Lot 4504, a key date 1927-S $20 graded MS65 out of the Duckor and Brahin Collections that realized $161,000. Other gold highlights included Lot 1538, the Norweb 1872-S Quarter (now out of the Nevada Collection of Seated Quarters), graded MS66, which realized $86,250, and Lot 3958, a 1907 $10 Wire Rim, certified MS65 that realized $80,500. In spite of the turbulent week on Wall Street, the results of the Long Beach auction demonstrate that collectors are still very excited about numismatic items!”

Among the anchors in the U.S. coin catalog were: The Nora Bailey Collection; The Bell Collection; The Davis Conway Collection; The Morton J. Greene Collection; The Hamous Collection of California Gold; The Laredo Collection; The Malibu Collection; The Mississippi Collection; The Menlo Park Collection; The Nevada Collection of Seated Quarters; and The Sundance Collection.

PCGS-Certified Highlights, Heritage’s Sept. 2008 Long Beach Signature® Auction:

Lot 112: 1805 1/2 C Small 5, Stems XF40 PCGS. C-2, B-2, Low R.6. Realized: $29,900
This is an important example Census level example of the rarest 1805 half cent, and one of the rarest Draped Bust half cent varieties. From The Nora Bailey Collection.

Lot 132: 1832 half cent PR64 Brown PCGS C-2, B-2, R.7. Realized: $63,250
A significant rarity, with only a handful of proofs of this variety known.

Lot 833: 1937-D 5C Three-Legged MS65 PCGS. Realized: $43,125
The 1937-D Three-Legged nickel is one of the more significant and famous varieties in American numismatics, and only four have been certified finer by PCGS.

Lot 1352: 1853 50C Arms of California 50 Cents, BG-435, Low R.5, MS62 PCGS. Realized: $9,200
This date has always been one of the most sought-after in the popular California fractional gold series, with the distinctive obverse modeled after the state arms. From The Hamous Collection of California Gold.

Lot 1533: 1864-S quarter, MS64 PCGS. Realized: $41,688
One of the finest known survivors, from The Nevada Collection of Seated Quarters.

Lot 1538: 1872-S Quarter, MS66 PCGS. Realized: $86,250
The incomparable Norweb example, ranking among the most challenging Motto Seated quarters. From The Nevada Collection of Seated Quarters.

Lot 1631: 1802 10C AU55 PCGS. JR-4, R.4. Realized: $20,700
The JR-4 die combination is the most plentiful of four known varieties of 1802 dimes, yet it is still rated R.4, meaning fewer than 200 are known – but only five have been certified finer!

Lot 1772: 1942/1 Mercury dime, MS66 Full Bands PCGS. Realized: $71,875
This exceptional coin is tied for the finest certified, and as such is a prize for the Registry Set collector or 20th century series enthusiast.

Lot 1973: 1918/7-S quarter MS62 PCGS. Realized: $21,850
The 1918/7-S overdate is the only Standing Liberty quarter that successfully competes with the first-year 1916 issue in terms of desirability and rarity.

Lot 2017: 1796 half dollar, 15 Stars, VF25 PCGS. O-101, R.5. Realized: $86,250
Mintage of the 1796-1797 Draped Bust Small Eagle design type totaled only 3,918 coins, and this example is sharp for its grade, with individually distinctive denticles. From The Menlo Park Collection.

Lot 2249: 1855/54 50C PR64 PCGS. FS-301, formerly FS-005, WB-102. Realized: $54,625
The 1855/54 is very rare in proof format, and only one has been certified finer. From The Sundance Collection.

Lot 2924: 1895-O $1 MS62 PCGS. Realized: $40,250
The 1895-O has always been something of a darling among Morgan dollar enthusiasts, particularly in higher grades.

Lot 3147: 1854 Gold $1 Type Two MS63 PCGS. Realized: $8,050
In mid-1854, the Mint attempted to rectify problems caused by the small size of the Type One gold dollar, and the planchet diameter was increased by 2 mm. From The Bell Collection.

Lot 3224: 1825 $2.50 MS61 PCGS. BD-2, R.4. Realized: $32,200
The obverse has a recut 5, and the reverse has the stem ending over the upright of the D; both dies appear to be perfect with no die cracks or clash marks.

Lot 3440: 1869 5C Five Cents, Judd-688, Pollock-769, High R.7, PR66 PCGS. Realized: $16,100
One of just three known in Aluminum, an incredibly rare metal at the time.

Lot 3452: 1880 $4 Flowing Hair, Judd-1658, Pollock-1858, Low R.7--Copper, Gilt--Genuine PCGS. Realized: $27,600
Struck in copper with a reeded edge, the stella’s gilt overlay is nicely done, with no apparent flakes or prominent blemishes.

Lot 3573: 1795 $5 Small Eagle AU55 PCGS. Breen-6412, BD-3, High R.3. Realized: $54,625
Varieties BD-2, BD-3, and BD-4 show overlapping obverse stars 11 and 12, and star 11 over the Y of LIBERTY, while the reverse wreath of BD-2 and BD-3 each have four berries. From The Menlo Park Collection.

Lot 3820: 1798/7 $10 9x4 Stars XF40 PCGS. BD-1, High R.4. Realized: $63,250
This is the only early gold issue, regardless of denomination, bearing the 9+4 star arrangement.

Lot 3823: 1800 $10 VF35 PCGS. Breen-6842, BD-1, High R.3. Realized: $10,350
The BD-1 is the only known variety for 1800 eagles, with all examples showing star 7 double-punched, and many displaying a die crack along the top of LIBERTY. From The Menlo Park Collection.

Lot 3958: 1907 $10 Wire Rim MS65 PCGS. CAC. Realized: $80,500
Mint Director George Roberts, in one of his last official correspondences, mentioned President Roosevelt's involvement in the production and distribution of the experimental pieces that would later become known as the Wire Rim, Periods variety.

Lot 4353: 1907 $20 High Relief, Wire Rim MS64 PCGS. Realized: $32,200
More than a century after his design for the double eagle first made its way into circulation, Augustus Saint-Gaudens and his coin design legacy have become seemingly permanent fixtures on American coinage.

Lot 4355: 1907 $20 High Relief, Wire Rim MS65 PCGS. CAC. Realized: $60,950
Today, High Relief double eagles are virtually irresistible to collectors, especially when they are as well-preserved as this charming Gem.

Lot 4503: 1927-S $20 MS62 PCGS. Realized: $36,800
Despite an initial mintage of over 3.1 million double eagles at San Francisco in 1927, it is highly prized and elusive.

Lot 4504: 1927-S $20 MS65 PCGS. Realized: $161,000
The 1927-S has long been recognized as a key date in the Saint-Gaudens double eagle series. Beauty, rarity, and an illustrious pedigree make this coin a prize for the advanced collector. Ex: NERCA; Dr. Steven Duckor (2006); Jay Brahin (2007).

Lot 4508: 1929 $20 MS66 PCGS. CAC. Realized: $184,000
One of the finest known of an issue once renowned as a major rarity.

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).

Heritage Auction Galleries is the world’s third largest auction house, and by far the largest auctioneer of rare collectibles, with annual sales over $600 million, and 400,000+ registered online bidder members. For more information about Heritage's auctions, and to join and gain access to a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit http://www.ha.com/?type=PRPCGS-092908a.



Article provided by PCGS at www.pcgs.com

 
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