Proof Gold Stars at Heritage’s $10 Million Phoenix ANA Signature Auction

by Heritage Auctions on March 11, 2008 · 1 comment

Dallas, TX. The Official Auction of the ANA’s Phoenix National Money Show, presented by Heritage Auction Galleries March 6-7 has concluded, with prices realized close to $10 million; this marked Heritage’s 37th official auction on behalf of the American Numismatic Association. Prices realized from the 2,000 lots included in the event currently stand at $9,671,627; after adding proceeds from all Post Auction Buys, total prices are expected to exceed $10 million. Images, descriptions, and prices realized are currently posted at Heritage’s HA.com website.

1907 $20 Wire Rim High Relief, certified MS69 by PCGS

“As expected,” commented Heritage President Greg Rohan, “Phoenix will be remembered for the incredible gold proofs of the Ultra Collection, which realized in excess of $2.4 million. Bidding was furious on most of these wonderful coins, with the bidders in the room vying against strong bids from the Internet, telephone, and Heritage Live. The specialists and the type collectors who demand the very best had many coins from which to choose.”

 

Highlights from the auction include Lot 1766, a 1907 $20 Wire Rim High Relief, certified MS69 by PCGS, formerly in the Trompeter Collection and the Phillip H. Morse Collection of Saint-Gaudens Coinage, which realized $517,500.

Another important piece from the Ultra Collection  was Lot 1451, an 1880 Flowing Hair Stella ($4), Judd-1657, Pollock-1857, certified PR66 Cameo by NGC, which realized $488,750.

Highlights from Heritage’s Phoenix ANA Signature Auction

Lot  138: 1792 Washington Getz pattern cent, Small Eagle, Copper XF40 PCGS.   Baker-25. Breen-1352

Realized: $40,250

The dies for this well executed, plain-edged pattern Cent were engraved by Peter Getz of Lancaster, Pennsylvania, based on designs of young English engraver John Gregory Hancock.

Lot 650: 1821 O-103 Half dollar, SP67 Star NGC

Realized: $115,000

This coin is probably the only proof 1821 O-103 that exists; it has been documented as a proof for over half a century, and possibly long before that.

Lot 1045: 1889-CC Morgan dollar, MS63 PCGS

Realized: $40,250

This is the rarest and most desirable Carson City Morgan dollar coined from 1878 to 1893. From The Oxford Collection.

Lot  1113: 1892-S Morgan dollar, MS62 NGC

Realized: $51,750

During 1892, the San Francisco Mint struck precisely 100,000 pieces each month; they are noted rarities in better grades.

 

Lot 1136: 1893-S Morgan dollar AU55 PCGS

Realized: $37,375

This coin’s overall visual appeal is solid, and the fields retain the vast majority of their modestly reflective luster. From The Oxford Collection. Ex: Mike Casper II.

 

Lot 1227: 1895 Morgan dollar PR63 PCGS

Realized: $43,125

The 1895 is easily the most discussed Morgan proof issue and the one that receives the most attention from numismatists. From The Oxford Collection.

 

Lot 1228: 1895 Morgan dollar PR64 PCGS

Realized: $44,562

It is possible that numismatists will never discover what happened to the missing 12,000 circulation strikes (or even if they ever existed).

 

Lot 1356: 1865 Gold dollar, MS68 PCGS. CAC

Realized: $34,500

The mintage of 1865 gold dollars was a minuscule 3,725 examples — among the lowest of the entire Type Three series; this is tied for the finest certified.

 

Lot 1366: 1881 Gold dollar, PR67 Ultra Cameo NGC

Realized: $48,875

Only 87 proof gold dollars were struck in 1881; only two pieces have been graded PR67 Ultra Cameo, with none finer (1/08). From The Ultra Collection.

 

Lot 1415: 1891 $2.50, PR67 Ultra Cameo NGC

Realized: $43,125

Christian Gobrecht’s Coronet gold design lasted more than a decade after the last appearance of the Liberty Seated design. NGC has graded none finer. From The Ultra Collection.

 

Lot 1416: 1899 $2.50 PR66 Ultra Cameo NGC

Realized: $37,375

Two different obverse dies were used to manufacture the proof 1899 quarter eagles, even though only 150 proofs were produced. From The Ultra Collection.

 

Lot 1446: 1884 $3 PR66 Deep Cameo PCGS

Realized: $63,250

The three dollar gold piece had gained immense popularity among collectors by the end of its duration. Only 2 certified finer. From The Ultra Collection.

 

Lot 1448: 1889 $3 PR65 Ultra Cameo NGC

Realized: $43,125

The $3 denomination ended with the same law that eliminated the gold dollar. In 1889 there were 129 proofs struck, and this Ultra Cameo is the finest (and only) piece certified by NGC. From The Ultra Collection.

 

Lot 1449: 1879 $4 Flowing Hair, Judd-1635, PR66 NGC

Realized: $230,000

The reverse displays a large five-pointed star, with ONE STELLA 400 CENTS incused, and provided the name of the denomination. From The Ultra Collection.

 

Lot 1450: 1879 $4 Flowing Hair, Judd-1635, Pollock-1833, R.3 PR65 Cameo PCGS

Realized: $218,500

Numismatic tradition is that 425 of these four dollar gold pieces were coined in 1879, but whatever the actual mintage, only 11 have been certified finer (1/08). From The Ultra Collection.

 

Lot 1451: 1880 $4 Flowing Hair, Judd-1657, Pollock-1857, R.6, PR66 Cameo NGC

Realized: $488,750

Unlike the more plentiful 1879 Flowing Hair stellas, the 1880 pieces are quite rare, with less than 20 pieces known. From The Ultra Collection.

 

Lot 1512: 1884 $5 PR65 Ultra Cameo NGC

Realized: $54,625

Only three examples of this rare, underrated issue have been graded thus by NGC, with none finer. From The Ultra Collection.

 

Lot 1513: 1889 $5 PR65 Cameo NGC

Realized: $32,200

The stated mintage for 1889 proof five dollar gold pieces dipped to just 45 pieces, and only one has been certified finer. From The Ultra Collection.

 

Lot 1514: 1894 $5 PR67 Star Ultra Cameo NGC

Realized: $86,250

Only 75 pieces of the proof 1894 $5 were struck, and only 20 to 30 coins are known in all grades; this is the finest certified by either service. From The Ultra Collection.

 

Lot 1515: 1899 $5 PR66 Ultra Cameo NGC

Realized: $38,812

This 1899 proof half eagle is the finest example–by two grade points–that Heritage has offered. From The Ultra Collection.

 

Lot 1516: 1899 $5 PR67 Star Ultra Cameo NGC

Realized: $66,125

In 1899, 99 proof half eagles coined in Philadelphia, and this is among the finest survivors.

 

Lot 1589: 1872 $10 PR64 Ultra Cameo NGC

Realized: $92,000

In either proof (30 pieces) or business strike (1620 pieces) format, the 1872 is a formidable rarity. Only two certified finer. From The Ultra Collection.

 

Lot 1592: 1897 $10 PR66 Ultra Cameo NGC

Realized: $63,250

Former Bass, DiBello, Atwater example, now from The Ultra Collection. This is the only certified PR66 Ultra Cameo, with only one finer (1/08).

 

Lot 1593: 1899 $10 PR66 Ultra Cameo NGC

Realized: $80,500

This is one of just two such pieces certified at NGC, with only two certified finer out of a mintage of 86 pieces. From The Ultra Collection.

 

Lot 1595: 1901 $10 PR65 Ultra Cameo NGC

Realized: $46,000

Beginning with the 1902 proofs, alterations to Mint techniques resulted in lessened frost on the device areas of the dies. Only two certified finer. From The Ultra Collection.

 

Lot 1598: 1906 $10 PR66 Ultra Cameo NGC

Realized: $63,250

The 1906 is one of three proof Liberty eagles (with the 1902 and 1905) that are distinctly scarcer than the rest of their 20th century brethren. From The Ultra Collection.

 

Lot 1599: 1907 Wire Rim, Periods $10 MS65 NGC

Realized: $74,750

Saint-Gaudens modeled this side-view portrait of Liberty’s head after the head of Victory (Athena Nike) from his General Sherman monument in NYC. One of only 500 minted.

 

Lot 1605: 1908-S $10 MS67 NGC

Realized: $69,000

It was 1908 before the new Indian Head design saw full-scale production at the branch mints, and then only 59,850 specimens were struck. This is among the finest survivors.

 

Lot 1649: 1861-O $20 AU58 PCGS

Realized: $86,250

Of the 17,741 1861-O pieces coined at the New Orleans Mint, only 5,000 were struck under the authority of the United States, with 9,750 double eagles for Louisiana as an independent state, and 2,991 under the auspices of the CSA. Only two certified finer.

 

Lot 1672: 1871-CC $20 AU55 NGC

Realized: $52,900

The Carson City Mint increased production to 17,387 pieces in 1871.

 

Lot 1758: 1888 $20 PR65 Ultra Cameo NGC

Realized: $103,500

Only 103 proofs were produced, and perhaps 30 existing today; this is a spectacular, deeply mirrored example. From The Ultra Collection.

 

Lot 1759: 1899 $20 PR67 Ultra Cameo NGC

Realized: $218,500

The mintage for the 1899 proof twenty is recorded as 84 pieces, but it is likely that less than 30 pieces exist. From The Ultra Collection.

 

Lot 1761: 1900 $20 PR66 Ultra Cameo NGC

Realized: $143,750

This is the finest known among probably 50 examples known, and the sole PR66 Ultra Cameo at NGC. From The Ultra Collection.

 

Lot 1762: 1901 $20 PR64 Cameo NGC

Realized: $40,250

Any proof coin dated 1901 that has even a trace of cameo contrast is an important item.

 

Lot 1763: 1904 $20 PR65 Ultra Cameo NGC

Realized: $109,250

The 1904 double eagle may be the most common proof date (with 98 minted), but this is the only example to be certified Ultra Cameo by NGC. From The Ultra Collection.

 

Lot 1766: 1907 $20 High Relief, Wire Rim MS69 PCGS. CAC

Realized: $517,500

Mint Director Leach had the pieces struck to satisfy President Roosevelt’s desires for high relief coinage, all the while realizing that the design was impractical for modern, one-blow circulation coinage. None have been certified finer. Ex: Trompeter Collection; The Phillip H. Morse Collection of Saint-Gaudens Coinage.

 

Lot 1767: 1907 $20 High Relief, Flat Rim MS65 PCGS

Realized: $69,000

An extraordinary example of the most coveted 20th century gold issue. From The Ultra Collection.

 

To discuss consigning coins or currency to an upcoming auction, please call the Heritage Consignor Hotlines at 800-872-6467 ext. 1000 (Coins); or ext. 1001 (Currency).

For more information about Heritage’s auctions, and a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit www.HA.com

To reserve your copy of any Heritage auction catalog, please contact Client Services at 1-800-872-6467, ext. 1150, or visit www.HA.com/Catalog to order by email.

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{ 1 comment… read it below or add one }

Koichi Ito March 12, 2008 at 3:10 am

1907 $20 Gold High Relief Proof Coin is the Numismatist’s favorite coin. This mint state 69 almost perfect condition. Must have for champion coin collector. You never completed your coin collection with this coin!

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