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Rare Double Die Cents Attract Strong Bids

March 26, 2018

       The poor weather in Baltimore did not keep the bidders away from the Stack's Bowers Galleries Auction at the just completed Whitman Baltimore Expo. Rare Lincoln Cents have a strong following which was very apparent with two Double Die Cent sales. The 1958 Lincoln Cent with the Double Die Obverse in PCGS MS64 Red settled at $336,000 after very aggressive bidding. This is one of just three known examples of this variety; the other two are an MS64 Red and an MS65 Red.

1958 Lincoln Cent Double Die Obverse PCGS MS64 Red

1958 Lincoln Cent Double Die Obverse PCGS MS64 Red sold for $336,000 at the Stack's Bowers Galleries Whitman Baltimore Expo Auction in Baltimore, Maryland, March 21-23, 2018

       Another specialty Lincoln Cent knocking down a rather large six figure price was the 1969 S Double Die Obverse in PCGS MS64 Red CAC; this coin sold for $126,000. More highlights from this Stack's Bowers Galleries Baltimore sale are listed below.

Date/DenominationGradePrice Realized
1794 Liberty Cap Large Cent Head of 1794PCGS MS65 BN$102,000
1817 Large Cent 15 StarsPCGS MS64 RB CAC$72,000
1915 S Lincoln CentPCGS MS65+ CAC$15,600
1922 Lincoln Cent PCGS MS64 RB CAC$63,000
1955/55 Lincoln CentPCGS MS65+ Red CAC$114,000
1916 Buffalo NickelPCGS PR67 CAC$12,600
1853 Seated Half Dime w/ArrowsPCGS PR64 CAC$96,000
1874 CC Seated Dime w/ArrowsPCGS MS63$108,000
1797 Draped Bust Half DollarPCGS VF30$96,000
1860 O Seated Half DollarNGC SP66$132,000
1897 O Barber Half DollarPCGS MS66 CAC$19,200
1795 Flowing Hair Dollar Two LeavesPCGS AU58$84,000
1874 CC Trade DollarPCGS MS64 CAC$52,800
1879 $4 Gold Stella Flowing HairPCGS PR67 Cameo CAC$384,000
1795 Capped Bust $5 GoldPCGS MS62 CAC$180,000
1874 CC $5 GoldPCGS MS62$90,000
1795 Capped Bust $10 Gold 13 LeavesPCGS MS62$144,000
1915 $10 Gold IndianPCGS PR65$84,000
1874 CC $20 GoldPCGS MS61 CAC$78,000
1910 $20 Gold St. GaudensNGC PR66+$102,000
1914 $20 Gold St. GaudensNGC PR66$90,000

       The metals made a nice run this past week with Gold approaching the $1,350 mark. In this morning's trading, Gold is up to $1,354.50 and Silver is at $16.65. One ounce Proof Gold Eagles in the OGP are trading at $1,390 and Proof Silver Eagles are at $40 each. There has not been much change in VG+ Silver Dollar bags, now at $22,025.

       Heritage Auctions is conducting a Signature Sale in Dallas this week, contact Heritage for information. Results will be available in our next report.

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