Heritage’s CSNS Auctions Top $32.5 Million, Led by Donated $20 Double Eagle

by CoinNews.net on May 5, 2017 · 0 comments

Heritage’s Central States Numismatic Society (CSNS) auctions realized more than $32.5 million, led by a historic 1866 $20 Liberty Double Eagle that was donated to an Indiana church.

1866 Liberty Double Eagle

Shown: 1866 Liberty Double Eagle, PR65 Cameo Outstanding Quality and Eye Appeal, Gold CAC. The rarity was donated to an Indiana church. It realized $517,000 in Heritage’s CSNS Auctions. (Imaged by Heritage Auctions, HA.com)

The rarity, one of only ten known, brought $517,000 to take top honors in Heritage Auctions’ sales event held in conjunction with the CSNS 78th Spring Convention in Schaumberg, Ill.

"We were delighted to assist our hundreds of consignors and also save an entire congregation’s church in the process," said Jim Halperin, Heritage Auctions Co-founder.

The seven days of auctions, from April 26 to May 2, realized a combined $32,576,612 across coins and currency.

"The coin market is showing signs of increasing strength, and our Platinum night drew premier bids across the board," Halperin said.

Splits by major auction category include:

  • U.S. COINS — $22,841,622; 98% sold by value, 99% sold by lot
  • U.S. Currency — $8,728,081; 95% sold by value, 96% by lot
  • World Currency — $1,006,909; 79% sold by value, 88.3% sold by lot

Several notable collections were sold at CSNS, including the Siegel Collection, with its focus on American silver dollars; Part II of the Hutchinson Collection; the Mesquite Collection of gold coins; and the Terry Brand estate.

Some CSNS auctions highlights include:

  • A 1828/7 $5 BD-2, Unique as a Variety, MS63 NGC, the only one of its kind known to exist, sold for $223,250 following 14 bids.

  • An 1895 $1 PR67 Deep Cameo PCGS ended at $199,750, a Morgan Dollar rarity among the estimated 880 Proofs struck.

  • A 1797 $5 Small Eagle, 16 Stars AU53 PCGS, CAC, one of an estimated 20 to 25 known to exist, sold for $176,250.

  • A $50 Original National Gold Bank Note from San Jose, California, realized $376,000. From the Eureka Collection of National Gold Bank Notes, this is one of only seven $50 National Gold Bank notes listed in the census, and the only example from outside of San Francisco.

  • A $100 Original National Gold Bank Note Fr. 1164 The First National Gold Bank from Santa Barbara, California, sold for $282,000 as the sole surviving specimen from this bank.

  • A $100 Original National Gold Bank Note Fr. 1165 The First National Gold Bank from Petaluma, California, brought $246,750 as one of two known and the only example available to collectors in more than 40 years.

  • A $100 Original National Gold Bank Note Fr. 1166 The Union National Gold Bank for Oakland, California, which realized $235,000, is unique for the bank.

  • A Palestine Currency Board £50 30.9.1929 Pick 10bs Specimen, a rarity in this high denomination, sold for $70,500.

  • A Banco de Espana 100 Pesetas 11.3.1938 Pick 90 from Spain reached $19,975.

  • A St. John’s, NF – Newfoundland Government Cash Note 40¢ 1909 sold for $17,625 as one of the most desirable small change notes from the region’s various issues.

  • Selling for $14,687, a "like new" China Empire Ming Dynasty 1 Kuan ND (1368-99) is the highest-graded specimen ever handled by Heritage.

Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world’s largest collectibles auctioneer. To learn more about the company, visit HA.com.

{ 0 comments… add one now }

Leave a Comment