

|

NumisMedia Weekly Market Report

Less Competition, Discounting for Rarities

May 13, 2024

The Heritage Auctions Central States Sale included a superb run of Twenty-Cent pieces not commonly seen up for auction. Many of these lots were Proofs, some Cameo, with one incredibly rare Deep Cameo highlighted below. Most of these brought above current Market levels, but there were many other lots that sold for what seem to be bargain prices. One such case was the 1889 CC Morgan Dollar in PCGS MS64 DMPL; this coin sold for $138,000 against an FMV of $225,000. Another apparent bargain was the 1795 $10 Gold 13 Leaves in PCGS MS64+, realizing $600,000; a like example in the same grade brought $822,500 in 2019, another case in point of the vastly different market conditions.
The market for nice original type coins, in the $10,000-$30,000 range, appears to be fairly strong with lots of bidding in this Heritage sale. However, $100,000+ rarities seem to be attracting fewer buyers at current levels, some being discounted rather heavily. There is money out there for rare coins, but it may be that bullion has taken some of the resources away from the top rarities that have been recently available in the market.
1877 Twenty Cent certified by PCGS PR66 Deep Cameo and CAC

The 1877 Twenty Cent had an original mintage of 510 coins, all Proof; while over two hundred of these have been certified as Proof or Cameo, only seven coins are certified in Deep Cameo. This PCGS PR66 Deep Cameo with the CAC approval has tremendous contrast and superb original patina, and it brought $132,000. This appears to be a record price for this date although there is an NGC PR67 listed in the Pop Report with no auction records.


1877 Twenty Cent PCGS PR66 Deep Cameo CAC sold for $132,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
1800 $10 Gold Heraldic Eagle certified by PCGS MS64

The 1800 $10 Gold had an original mintage of 5,999 but there are less than three hundred coins known today. There is a total of just seven in the MS64 grade with one higher at NGC MS65 which previously sold in a 2008 Heritage sale at $310,500; the current Pop Reports show it may now be listed as PCGS MS65. This 1800 $10 Gold in PCGS MS64 sold in this sale for $264,000, while the current FMV is $211,250, an adjustment is upcoming to reflect today's market value. This coin has a splendid pedigree of Simpson, Parmelee, Clapp, and Eliasberg.


1800 $10 Gold Heraldic Eagle PCGS MS64 sold for $264,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
| Date/Denomination | Grade | Price Realized |
| 1796 Liberty Cap Half Cent No Pole | PCGS G4 | $55,200 |
| 1793 Wreath Cent Lettered Edge | PCGS MS62 BN | $57,600 |
| 1793 Liberty Cap Large Cent | PCGS XF45 | $120,000 |
| 1794 Liberty Cap Large Cent Head of 1793 | PCGS AU58+ | $102,000 |
| 1804 Large Cent | PCGS AU50 CAC | $66,000 |
| 1944 Lincoln Cent Steel | PCGS MS64 | $108,000 |
| 1835 Half Dime Small Date | PCGS MS65 | $60,000 |
| 1919 S Mercury Dime | PCGS MS66 FB | $132,000 |
| 1942/1 Mercury Dime | PCGS MS66 FB | $102,000 |
| 1796 Draped Bust Quarter | PCGS XF40 | $51,600 |
| 1823/2 Cap Bust Quarter | PCGS VG8 | $44,400 |
| 1861 Seated Quarter | PCGS PR68 CAM CAC | $156,000 |
| 1794 Flowing Hair Half Dollar | PCGS AU55 | $69,000 |
| 1796 Draped Bust Half Dollar 16 Stars | PCGS F15 | $66,000 |
| 1807 Heraldic Eagle Half Dollar | PCGS MS66 | $144,000 |
| 1964 Kennedy Half Dollar | NGC MS68* | $57,600 |
| 1889 CC Morgan Dollar | PCGS MS64 DMPL | $138,000 |
| 1893 Morgan Dollar | PCGS MS66 | $57,600 |
| 1808 $2.5 Gold Cap Bust | PCGS AU53 | $156,000 |
| 1854 D $3 Gold | NGC AU58 | $96,000 |
| 1885 $3 Gold | PCGS PR66 DCAM CAC | $90,000 |
| 1879 $4 Gold Flowing Hair | CACG PR66 CAM | $324,000 |
| 1804 $5 Gold Heraldic Eagle Small over Large 8 | PCGS MS65 | $132,000 |
| 1833 $5 Gold Cap Bust Small Date | PCGS MS65+ | $276,000 |
| 1908 S $5 Gold Indian | PCGS MS67 | $69,000 |
| 1795 $10 Gold Cap Bust 13 Leaves | PCGS MS64+ | $600,000 |
| 1796 $10 Gold Cap Bust | PCGS MS62+ CAC | $360,000 |
| 1797 $10 Gold Cap Bust Small Eagle | PCGS MS61 | $288,000 |
| 1799 $10 Gold Heraldic Eagle | PCGS MS65 CAC | $360,000 |
| 1801 $10 Gold Heraldic Eagle | PCGS MS64 CAC | $180,000 |
| 1863 $10 Gold Pattern Judd-349 | PCGS PR64 CAM CAC | $810,000 |
| 1908 $10 Gold Indian | PCGS PR67 | $162,000 |
| 1910 $10 Gold Indian | NGC PR67+* | $156,000 |
| 1913 $10 Gold Indian | NGC PR67 | $138,000 |
| 1930 S $10 Gold Indian | NGC MS64 CAC | $90,000 |
| 1893 $20 Gold | PCGS PR65 DCAM | $408,000 |
| 1896 $20 Gold | PCGS PR66 DCAM | $300,000 |
| 1908 $20 Gold St Gaudens w/Motto | PCGS PR66+ | $216,000 |
| 1908 $20 Gold St Gaudens w/Motto | NGC PR67 | $222,000 |
| 1913 $20 Gold St Gaudens | NGC PR67 | $252,000 |
|

1944 Lincoln Cent Steel PCGS MS64 sold for $108,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
|

1919 S Mercury Dime PCGS MS66 FB sold for $132,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
|

1807 Heraldic Eagle Half Dollar PCGS MS66 sold for $144,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
|

1964 Kennedy Half Dollar NGC MS68* sold for $57,600 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
|

1833 $5 Gold Cap Bust Small Date PCGS MS65+ sold for $276,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
|

1796 $10 Gold Cap Bust PCGS MS62+ CAC sold for $360,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
|

1797 $10 Gold Cap Bust Small Eagle PCGS MS61 sold for $288,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
|

1910 $10 Gold Indian NGC PR67+* sold for $156,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
|

1913 $10 Gold Indian NGC PR67 sold for $138,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
|

1893 $20 Gold PCGS PR65 DCAM sold for $408,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
|

1896 $20 Gold PCGS PR66 DCAM sold for $300,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
|

1913 $20 Gold St Gaudens NGC PR67 sold for $252,000 at Heritage Auctions Central States U.S. Coins Signature Auction in Dallas, Texas, May 8-12, 2024
|
|

|

|

|
|
|