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NumisMedia Weekly Market Report

Heritage FUN Sale Hauls In Over $8 Million

July 13, 2015

       Heritage Auctions held the official FUN Sale and the results were just over $8 million. Last week we highlighted the 1893 S Morgan Dollar in PCGS MS63, and it certainly lived up to its reputation as the most expensive Morgan Dollar. It brought $282,000, which is almost $100,000 over the current FMV. With only 13 coins certified in this grade, along with the extra eye appeal, this was an obvious target of several buyers. Listed below are some of the many other highlights from this sale. Please contact Heritage Auctions for a complete list of prices realized.


Date/Denomination

Grade
Price
Realized
1877 Indian CentPCGS MS65 Red$28,200
1916/16 Buffalo NickelNGC AU58$49,350
1855 Seated Quarter with ArrowsNGC MS65$23,406
1803 Heraldic Eagle Half Large 3PCGS MS63 CAC$99,875
1815/2 Bust HalfPCGS AU50 CAC$11,163
1893 CC Morgan DollarPCGS MS64+ CAC$25,850
1880 $2 ½ GoldPCGS PR65 DCam CAC$35,250
1863 $3 GoldNGC MS67$61,700
1798 $5 Gold 13 Stars ReverseNGC MS62$31,725
1908 $10 Gold Indian with MottoPCGS MS66$25,850
1866 S $20 Gold No MottoNGC AU50$28,200
1871 CC $20 GoldPCGS XF40$42,300
1879 CC $20 GoldNGC AU55$28,200
1909 S $20 Gold St. GaudensPCGS MS66$22,913
1915 S $50 Gold Pan-Pac RoundNGC MS61$64,625

1803 Heraldic Eagle Half Large 3 PCGS MS63 CAC

1803 Heraldic Eagle Half Large 3 PCGS MS63 CAC sold for $99,875 at the Heritage Auctions Summer FUN U.S. Coins Signature Auction in Orlando, Florida, July 9-12, 2015

       As long as Gold continues to drift lower, confidence in the metals market will remain soft. Even though it might seem like buyers would want to take advantage of lower prices, they tend to wait until the market shows some positive momentum. The majority of this week's charts in the HD Wholesale Market Dealer Price Guide are status quo as the summer months typically dictate. However, there are numerous adjustments in the Gold charts. Many of the common dates coins are down in grades MS62 and lower, especially for the $5, $10, and $20 denominations. The $20 Liberty is currently at $1,300 Market and the Saint is $1,305.


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