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NumisMedia Weekly Market Report

Widespread Market Demand Persists

April 18, 2022

       The results are in from the latest Stack's Bowers Galleries auction which took place after the Baltimore Whitman Coin & Collectibles Expo. Stack's Bowers held a comprehensive viewing in Baltimore with the actual sale taking place at their California offices. The overall coin market remains solid, resiliently active, and expanding as dealers and collectors from all over the world are participating. Rare U.S. Gold is leading the collector and investor market and the Three Dollar Gold series was one of the strongest areas of this sale with over 35 lots bringing anywhere from $10,000 to nearly $200,000. There were also 15 Twenty Dollar Gold coins that brought over $100,000 and an 1870 CC sold for $810,000.


1795 Draped Bust Dollar Centered Bust certified by PCGS SP65

This 1795 Draped Bust Dollar is the only coin known for this variety and was used as the Bowers Plate Coin in Bowers' 1993 Complete Encyclopedia of United States Silver Dollars. This PCGS SP65 is one of only three Specimen coins for the 1795 Draped Bust Dollar and it brought $780,000. The other two Specimens are certified as SP65 and SP66, both are the Off-Center Draped Bust variety. The Centered Bust is truly a one-of-a-kind rarity.

1795 Draped Bust Dollar Centered Bust PCGS SP65

1795 Draped Bust Dollar Centered Bust PCGS SP65 sold for $780,000 in Stack's Bowers Galleries Spring Auction in Costa Mesa, California, April  5,  2022



1907 $10 Gold Indian Rolled Edge certified by PCGS MS67 and CAC

Stack's Bowers describes this coin as Rounded Rim with Periods, but is clearly titled Rolled Edge on the PCGS label. With a mintage of only 42 coins, this is a wonderful rarity, and very rare in the top grades of MS66 and higher. PCGS lists three coins in MS67 with only one higher in MS67+, and NGC lists two coins in MS67 and only one in MS67+. The PCGS MS67 in this sale realized an incredible $1,140,000. The population reports have a total number of coins certified in all grades of 83 which nearly doubles the original mintage. Obviously many of these coins have been resubmitted for a better grade, but this information also suggests that it is quite likely that the numbers for the higher grades are exaggerated as well. Check with Stack's Bowers Galleries for the complete prices realized for this tremendous sale.

1907 $10 Gold Indian Rolled Edge PCGS MS67 CAC

1907 $10 Gold Indian Rolled Edge PCGS MS67 CAC sold for $1,140,000 in Stack's Bowers Galleries Spring Auction in Costa Mesa, California, April  5,  2022



Date/DenominationGradePrice Realized
1793 Flowing Hair Cent AMERICAPCGS XF45 CAC$87,000
1802 Draped Bust CentPCGS MS64 BN CAC$21,600
1909 S VDB Lincoln CentPCGS MS67 RD$168,000
1918 Lincoln CentPCGS MS68 RD$55,200
1918/7 D Buffalo NickelNGC MS61$36,000
1919 Walking Liberty Half DollarPCGS MS66 CAC$18,000
1799 Draped Bust DollarNGC MS63$52,800
1893 S Morgan DollarNGC AU58$78,000
1807 $2.5 Gold Capped BustPCGS MS63 CAC$156,000
1808 $2.5 Gold Capped BustPCGS AU58$192,000
1862 $3 GoldPCGS PR65 DCAM CAC$108,000
1866 $3 GoldPCGS PR66 DCAM CAC$192,000
1873 $3 Gold Open 3PCGS PR63 CAM CAC$72,000
1873 $3 Gold Close 3PCGS PR65$156,000
1877 $3 GoldPCGS PR66+ DCAM$144,000
1879 $4 Gold Stella Flowing HairPCGS PR62 CAC$138,000
1797 $10 Gold Heraldic EaglePCGS AU58 CAC$132,000
1870 CC $10 GoldPCGS XF40$105,000
1907 $10 Gold Indian Wire RimNGC MS68$840,000
1861 S $20 Gold PaquetPCGS AU53$132,000
1870 $20 GoldPCGS PR64 DCAM$360,000
1870 CC $20 GoldPCGS XF45 CAC$810,000
1915 S $50 Gold Pan-Pac OctagonalNGC MS66$180,000



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