Total Prices Realized Exceed $4.27 Million
1927-S Standing Liberty Quarter Strike Rarity in PCGS MS-65 FH Led the Way at $161,000
IRVINE, Calif. – Bowers and Merena Auctions, America’s leading rare coin auction house, started the “fun” early in Florida last week with the January 2008 Orlando Rarities Sale. The sale was conducted in a single session on January 8 at the International Plaza Resort & Spa, two days prior to the Orlando F.U.N. Show. The auction offered 670 exceptional coin lots and realized $4,270,699 – a total that includes many record-setting sales among the individual lots.
“This was a small auction for us in terms of number of lots, but it was overwhelming in terms of the tremendous quality of coins that were offered,” said Steve Deeds, president of Bowers and Merena. “Any time we conduct a Rarities Sale we promise to offer only the finest specimens available, and this sale certainly didn’t disappoint interested bidders.”
Continued Deeds: “The highest single realized price in this sale was achieved by lot 179, a strike and condition rarity 1927-S Standing Liberty Quarter certified MS-65 Full Head by PCGS. The coin sold for $161,000, which is approximately 124 percent of the current Coin Dealer Newsletter ‘Greysheet’ ‘Ask’ price of $130,000.”
“Lot 76 offered the finest-known example of the 1913-D Type II Buffalo Nickels,” stated Deeds. “Certified MS-68 by NGC with a combined PCGS and NGC population of 1/0, this beautifully toned Superb Gem crossed the auction block at $143,750. And on the gold front we sold the Harry W. Bass Jr. specimen of the proof 1874 Liberty Half Eagle for $126,500, as well as a lovely 1907 High Relief Double Eagle in NGC Proof-67 for $138,575. The 1874 Half Eagle was offered as lot 535 and, with a grade of Proof-66 Ultra Cameo from NGC, it ranks as the finest of fewer than 10 examples of this issue believed to have survived.”
Additional highlights from the Bowers and Merena January 2008 Orlando Rarities Sale include:
- Lot 41, 1944-D Lincoln 1C—Struck on a Zinc-Plated Steel Planchet—MS-62 PCGS, realized $105,800
- Lot 357, 1892-S Morgan S$1 MS-64 PCGS, realized $120,750 (Current CDN “Ask” is $83,000!)
- Lot 670, 1931 Saint-Gaudens $20 MS-65 PCGS, realized $101,200 Current CDN “Ask” is $95,000!)
Prices realized for all lots in the Bowers and Merena Orlando Rarities Sale can be viewed online at www.bowersandmerena.com, and a printed list of prices realized is available upon request by calling 800.458.4646.
The next Bowers and Merena sale is the Collector’s Choice Auction which will be conducted February 4-13, 2008, at the firm’s Irvine, Calif., headquarters prior to the Long Beach Coin, Stamp & Collectible Expo. This will be followed by Bowers and Merena’s Official Auction of the February/March 2008 Baltimore Coin and Currency Convention, and then the Bowers and Merena Chicago Rarities Sale on April 14, 2008, prior to the Central States Numismatic Society Convention. Visit www.bowersandmerena.com for a complete auction schedule and consignment deadlines or call 800.458.4646 for more information.
Bowers and Merena Auctions was founded in 1983 and has grown to become the world’s preeminent numismatic auctioneer with more than half a billion dollars in rare coin and currency sales. Bowers and Merena has handled four of the five most valuable United States coin collections ever sold, including the Louis E. Eliasberg Sr. Collection, the Harry W. Bass Jr. Collection, the Garrett Collection for The Johns Hopkins University and the Norweb Collection.
For more information about Bowers and Merena and the January 2008 Orlando Rarities Sale, call 800.458.4646. For media inquiries, ask for president Steve Deeds. Complete prices realized for all past auctions are available at www.bowersandmerena.com.
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