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NumisMedia Weekly Market Report

Better Date Large Cents in Demand

December 8, 2014

       The latest Heritage Auctions Signature Sale was the main attraction at the 58th Houston Money Show this past week. There were numerous high-end rarities that brought some impressive bidding. One of the most sought after coins was the 1852 $50 Gold Assay Office, 900 THOUS, certified as MS64 by PCGS; it also has the CAC sticker. This coin sold for $396,563 and was the top seller of the auction. In addition, the 1870 CC $20 Gold in PCGS AU50 sold for $305,500. Many dealers think this is one of the nicest AU50's of the eight certified by PCGS and NGC.

       The following list contains some of the many highlights from this sale and, once again, several of these coins featured the CAC sticker. Please contact Heritage Auctions for a complete list of prices realized.

1916 D Mercury Dime PCGS MS66 FB CAC

1916 D Mercury Dime PCGS MS66 FB CAC sold for $61,688 at the Houston Money Show Heritage Auctions U.S. Coins Signature Sale December 4-7, 2014


Date/Denomination

Grade
Price
Realized
1831 Half CentNGC PR66 Red$45,531
1839/6 Large Cent Plain CordsPCGS XF45 CAC$14,100
1909 S VDB Lincoln CentPCGS MS66+ Red CAC$35,250
1867 Shield Nickel No RaysPCGS 66 Deep Cameo $29,375
1797 Draped Bust Dime 16 StarsPCGS MS62 CAC$31,725
1885 S Seated DimePCGS MS66 CAC$45,531
1916 D Mercury DimePCGS MS66 FB CAC$61,688
1795 Draped Bust DollarNGC AU55$22,325
1879 CC Morgan DollarPCGS MS65+ CAC$49,938
1889 CC Morgan DollarNGC MS64$71,500
1900 $2 ½ GoldPCGS PR67 DCam CAC$41,125
1864 S $5 GoldPCGS XF45$44,063
1915 S $5 Gold IndianNGC MS64$31,725
1915 $10 Gold IndianPCGS PR66$99,875
1859 O $20 GoldPCGS AU50$38,188
1907 $20 Gold High ReliefNGC MS65+ CAC$52,875

       There were an abundance of increases in the Large Cent chart this week as noted in the LD Wholesale Market Dealer Price Guide. Dealers and collectors of Large Cents are always ready to compete for better dates and varieties when they become available. Of course, they need to be problem free for the grade. On the move is the 1793 Vine & Bars in AU58, now up to $32,650 Market. Also advancing is the 1794 'Head of 1794' in several grades with the MS62 higher at $21,750. Here is a short list of some other Large Cents on the upswing.

DateGradeCurrent Market
1796 Rev of 1797MS64$21,750
1798 2nd Hair StyleMS64$14,500
1803 Large Date, Small FractionF12$16,750
1814 Crosslet 4MS62$6,825
1823AU58$16,850
1826 6 over 5MS64$8,950


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