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301
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Session Four - Tuesday, June 3, 2014 6:00 PM
1951
1914-D
.
PCGS graded MS-64
. Nice shades of golden toning.
Well struck. A satiny specimen, right on the cusp of Gem MS65
level, with energetic luster and pleasing color that seems to
want to motivate bidders to left their bids as though by subtle
hypnosis!
Pop 200; 41 finer at PCGS.
(
PCGS # 8876
)
Historic Note: In the summer of 1914, war broke out in Europe
between contending alliances. This had the effect of upsetting
the money markets and in particular gold, the basis of all
money standards in those days. The U.S. government, which
wasn't a participant in 1914, had to take measures to insure
that the country was not drained of its gold. The stock
exchange was closed for 5 months beginning in Aug. 1914;
bond markets ceased operating. However, by late in the Fall and
early Winter, a situation the opposite to the one feared devel-
oped. The belligerent nations began to flood the United States
with their gold to pay for supplies and to secure a safe haven
from looting. The crisis eased and the United States began a
wildly profitable war-induced boom phase that lasted until
1918-19.
Estimated Value ..............................................$3,300 - 3,500
1952
1926
.
PCGS graded MS-64+.
CAC Approved
. Mostly
untoned. Flattering mint frost that pulsates with reddish gold
color. The only other Indian $10 date that was struck in the
1920s, is very rare and expensive, the 1920 San Francisco Mint.
Collectors often will choose a nice, attractive 1926 Eagle like
this to supplement their U.S. Gold Type Set. (
PCGS # 8882
)
Estimated Value ..............................................$1,100 - 1,150
1953
1926
.
PCGS graded MS-61
. An untoned coin. Bright luster. A
couple of bagmarks on the portrait. (
PCGS # 8882
)
Estimated Value ................................................... $700 - 725
1954
1932
.
NGC graded MS-65. Star
. A frosty coin with a hint of
gold tone. Most examples of this issue are lustrous and easily
certified, since the 1932 date had little or no time to circulate;
many were brought back from European bank hoards 30 to 40
years later. All the evidence from this piece shows that from tip
to toe it is an untoned gem with impressive mint brilliance. The
luster, we should add, includes spotless surfaces. This is a
strongly struck example, also, with outstanding detail to all the
important high points such as Liberty’s hair and the feathers. A
bold, sharp eagle completes the picture. Where sometimes you
might see the add on "with the possible exception of these
regions (standard for the issue)", we are thrilled to say that no
such add on is required on an always sharp 1932-dated Eagle.
(
PCGS # 8884
)
Estimated Value ..............................................$2,900 - 3,000
1955
A pair of 1911 and 1926 $10 Indians
.
Sharpness of EF.
Both coins were cleaned and perhaps worn as jewelry. Lot of 2
coins.
Estimated Value ..............................................$1,000 - 1,050
1956
A trio of $10 Indians
.
Sharpness of XF.
Consists 1908-D
Motto, 1911, and 1932. All have minor problems. Lot of 3 coins.
Estimated Value ..............................................$1,700 - 1,800
$20 G
OLD
$20 Li be r t y /No Mo t t o
1957
1850
.
PCGS graded AU-50
. Highly toned with some luster
evident. Much lighter surface abrasions than usual for this often
heavily dented early issue. Indeed, the coin is surprisingly well
above average. The Double Eagle, whose net gold content is
.9675 of an ounce, actually weighs more than an ounce,
because it has a 10% copper alloy added to toughen the metal
and protect from abrasion. At the time these were current
(1850-1933) the gold “standard” equated to one gold ounce to
$20.67 in paper dollars per ounce.
The 1850 double eagle, first year in production, is available with
no trouble in (typically) baggy circulated grades; these tend to
be seen Very Fine or Extremely Fine, with occasional abraded
About Uncirculated examples on the market. Both the 1850 and
1850-O must have circulated widely. In any grade the 1850 has
always experienced strong collector demand. A few dozen Mint
State pieces are known. (
PCGS # 8902
)
Estimated Value ..............................................$3,500 - 3,800
