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NumisMedia Market Report
Rare Coin Market News and Analysis
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NumisMedia Weekly Market Report
FUN Leads in the New Year
January 8, 2024
Dealers were generally satisfied with the results of the FUN Show as the volume of business transacted was far superior to their expectations. Prices may still be off from last year's highs, but the activity level was very strong at today's market levels; some value adjustments should be forthcoming over the next few weeks. Dealers are hoping the slowdown in business for the last half of 2023 was just a bump in the road.
Heritage Auctions was again the official auctioneer for the FUN Show as has been the case for well over two decades. Auction lot viewing was held at the show and the sale will take place this week at their Dallas headquarters. With demand on the rise as the year begins, there should be some active bidding as buyers will be looking to take advantage of the lower levels before the market really takes off.
This sale includes several special Deep Mirror Prooflike Morgan Dollars that could be added to some high-grade collections. There are many better date coins that are seldom seen in today's marketplace. Below are just a few of the potential highlights from this Heritage Auctions FUN sale.
1881 CC Morgan Dollar certified by PCGS MS67+ DMPL and CAC
While this 1881 CC Morgan Dollar in PCGS MS67+ Deep Mirror Prooflike with the CAC approval may not be perfect, it is the epitome of what a perfectionist would find acceptable for such a coin. It is flashy, with great contrast, minimal marks, and a great strike. This is the highest certified for the date and will be a benchmark to compare to other Dollars in an important collection. This coin comes from the David T. Miller #1 Registry Set of DMPL/PL Morgan Dollars.
1881 CC Morgan Dollar PCGS MS67+ DMPL CAC is available at Heritage Auctions FUN U.S. Coins Signature Auction in Dallas, Texas, January 10-14, 2024
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1895 O Morgan Dollar certified by PCGS MS63 DMPL
This 1895 O Morgan Dollar PCGS MS63 with Deep Mirror Prooflike surfaces may not grade as high as the 1881 CC Dollar above, but it is just as rare if not more so. The 1895 O Dollar had an original mintage of 450,000, but in DMPL, it is nearly impossible to locate in high grades. This is the finest known according to the current population reports, with just eleven coins certified in all Mint State grades of DMPL. An interesting sidenote, prior to 2005, there were as many as three different coins sold at auction certified as MS65 DMPL; however, a photo comparison reveals that this current MS63 is a much better example than the MS65 coins that are no longer listed in the population reports. This coin is also from the David T. Miller Collection.
1895 O Morgan Dollar PCGS MS63 DMPL is available at Heritage Auctions FUN U.S. Coins Signature Auction in Dallas, Texas, January 10-14, 2024
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| Date/Denomination | Grade | Current Value |
| 1796 Draped Bust Quarter | PCGS AU58 CAC | $105,000 |
| 1918/7 S Standing Liberty Quarter | NGC MS66 | $115,630 |
| 1795 Flowing Hair Half Dollar Two Leaves | NGC MS65 | $550,000 |
| 1794 Flowing Hair Dollar | PCGS F12 CAC | $151,000 |
| 1851 Seated Dollar | PCGS MS63 | $54,060 |
| 1880 Morgan Dollar | PCGS PR69 CAM | N/A |
| 1883 S Morgan Dollar | PCGS MS64 DMPL | $76,880 |
| 1889 CC Morgan Dollar | PCGS MS64 DMPL CAC | $255,000 |
| 1892 S Morgan Dollar | PCGS MS63 | $111,560 |
| 1892 S Morgan Dollar | PCGS MS61 DMPL | N/A |
| 1893 S Morgan Dollar | PCGS MS63 CAC | $335,000 |
| 1853 $1 Gold | PCGS MS69 CAC | $153,000 |
| 1864 $2.5 Gold | PCGS PR66+ DCAM CAC | $100,000 |
| 1879 $4 Gold Stella Flowing Hair | PCGS PR50 CAC | $110,630 |
| 1795 $5 Gold Small Eagle | NGC MS62 | $162,500 |
| 1864 S $10 Gold | PCGS VF30 CAC | N/A |
| 1906 $20 Gold | NGC PR66 | $120,630 |
| 1908 S $20 Gold St Gaudens | PCGS MS67 CAC | $375,000 |
| 1915 S $50 Gold Pan-Pac Round | NGC MS66 | $240,630 |
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1918/7 S Standing Liberty Quarter NGC MS66 is available at Heritage Auctions FUN U.S. Coins Signature Auction in Dallas, Texas, January 10-14, 2024
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1851 Seated Dollar PCGS MS63 is available at Heritage Auctions FUN U.S. Coins Signature Auction in Dallas, Texas, January 10-14, 2024
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1880 Morgan Dollar PCGS PR69 CAM is available at Heritage Auctions FUN U.S. Coins Signature Auction in Dallas, Texas, January 10-14, 2024
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1889 CC Morgan Dollar PCGS MS64 DMPL CAC is available at Heritage Auctions FUN U.S. Coins Signature Auction in Dallas, Texas, January 10-14, 2024
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1853 $1 Gold PCGS MS69 CAC is available at Heritage Auctions FUN U.S. Coins Signature Auction in Dallas, Texas, January 10-14, 2024
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1864 $2.5 Gold PCGS PR66+ DCAM CAC is available at Heritage Auctions FUN U.S. Coins Signature Auction in Dallas, Texas, January 10-14, 2024
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1906 $20 Gold NGC PR66 is available at Heritage Auctions FUN U.S. Coins Signature Auction in Dallas, Texas, January 10-14, 2024
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1908 S $20 Gold St Gaudens PCGS MS67 CAC is available at Heritage Auctions FUN U.S. Coins Signature Auction in Dallas, Texas, January 10-14, 2024
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