Two U.S. Coins Top $2 Million in Heritage FUN Auction

by CoinNews.net on January 8, 2015 · 0 comments

Two U.S. coin rarities wowed the crowd Wednesday in Heritage’s Platinum Night auction at the Florida United Numismatists (FUN) show in Orlando. When the hammer fell, each realized more than $2 million. By night’s end, the auction tally rang in with sales of more than $26 million.

1793 Chain Cent

This 1793 Chain Cent realized $2.35 million in Heritage’s FUN auction on Wednesday

They were led by a 1793 Chain Cent, graded MS66 brown by Professional Coin Grading Service (PCGS) with a CAC sticker. In its first public auction appearance since 1980, the Chain cent "drew gasps and applause" when it realized $2.35 million, according to Heritage.

1907 Ultra High Relief $20

This 1907 $20 Ultra High Relief $20 gold coin realized $2.115 million in Heritage’s FUN auction on Wednesday

Nearly as spectacular was the sale of a 1907 $20 Ultra High Relief gold piece, graded PR68 by both NGC and PCGS Secure. This rarity was offered for the first time ever at auction and quickly realized $2.115 million.

"Two coins in a single session, of vastly different history and design, both realizing more than $2 million is a stunning result and speaks to the diversity and enthusiasm in the current market," Greg Rohan, President of Heritage Auctions, said.

Several other highlights from Wednesday’s Platinum Night auction include:

  • A 1795 BD-1 Half Eagle MS66, a prime example of the first gold coin design issued by the United States Mint, brought $587,500.
  • A 1826 Capped Bust Left Half Eagle MS66 PCGS CAC, of the extremely rare BD-2 Variety and the finest of three examples known, realized $564,000.
  • A 1792 H10C Half Disme MS63 NGC, one of the finest examples known, which brought $305,500.
  • A 1776 Continental CURRENCY Dollar MS65 PCGS Secure realized $258,500,
  • An 1884 Double Eagle PR65 Deep Cameo PCGS CAC, the finest of two gem proofs at PCGS, realized $246,750.
  • A 1795 Small Eagle $5 MS64 NGC, of the rare and important BD-1 Variety, brought $229,125.

Heritage’s Thursday’s night session at FUN is expected to usher in several $1+ million coins when Part I of the Donald G. Partrick Collection goes under the hammer.

For more information, visit Heritage Auctions at HA.com.

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