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Major Auctions Bring Out the Best

February 3, 2014

     The public was very active for most of the Long Beach Expo and dealers were eager to report that “Long Beach is thriving” once again. Dollars and Gold seemed to top the list of trading activity, along with nice Type coins, when you could find them. There is a long list of advances this week for Morgan Dollars, especially for better dates in high grades. Below is a list of some of the more active dates in Morgan Dollars.

DateGradeCurrent Market
1879 CCMS64$9,175
1881 OMS66$15,500
1884 SMS63$40,500
1886 OMS64$10,650
1889 OMS66$17,250
1892 OMS65$5,650
1893 CCMS64$14,250
1894 SMS66$12,950
1897 OMS64$15,500

     Ira & Larry Goldberg hosted the Pre-Long Beach Auction which contained the Missouri Cabinet Collection. The sale realized $18,259,269. This collection included the PCGS Registry current and all-time finest of its kind collection of United States Half Cents. It is the only collection of certified U.S. Half Cents that contained every variety of Half Cent struck for circulation, and every variety struck only in proof. This is the first time a Half Cent has ever traded for over a million dollars, and there were two of them. A 1794 Liberty Cap with Pole variety grading PCGS MS67 RB sold for $1,150,000. This is the only one certified in this grade by PCGS and there are none higher. The second coin was the 1811 Classic Head graded by PCGS as MS66 RB; it realized $1,121,250. For complete prices realized please contact Ira & Larry Goldberg Coins & Collectibles.

     For the first time in many years Heritage Auctions did not host a sale at the Long Beach Expo. However, they do have one in New York this week, February 3-5. It is hosted at their New York offices and includes many classic rarities. One of the highlights is sure to be the 1855 S Seated Half Dollar graded by NGC as PR65. This is one of just three known coins and will attract some very competitive bidding among advanced collectors. There is also an extremely rare 1870 CC $20 Gold that is certified by ANACS as cleaned, AU details. This coin is so rare that it will still bring a strong six-figure bid. The following list of coins are more highlights from this sale.

1864 Indian Cent L on Ribbon NGC PR64 RB

1864 Indian Cent L on Ribbon NGC PR64 RB available in the Heritage Auctions U.S. Coins Signature Auction in New York February 3-5, 2014

Date/DenominationGradeCurrent Market
1864 Indian Cent L on RibbonNGC PR64 RB$58,500
1830 Half DimeNGC PR66$50,000
1796 Draped Bust QuarterPCGS XF40$39,500
1854 $3 GoldPCGS PR63 Cameo$61,500
1870 CC $10 GoldNGC XF45$48,770
1930 S $10 Gold IndianPCGS MS65$69,500
1873 CC $20 GoldPCGS MS61$49,500
1897 $20 GoldNGC PR64 Ultra Cameo$56,500
1931 $20 Gold Saint GaudensPCGS MS64 CAC$68,250

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