Tag: rare_coin

Houston, TX – Houston-based Stanford Coins and Bullion announced it has sold the historic 1870-S Seated Liberty Dollar Eliasberg Specimen for $1.3 million to Certified Acceptance Corp. (CAC), a New Jersey-based company founded and owned by John Albanese. Stanford Coins and Bullion, part of the Stanford Financial Group of companies, serves investors in precious metals and collectors of rare collectible coins.

The 1870-S Seated Liberty Dollar Eliasberg Specimen is considered a U.S. numismatic treasure. Shrouded in mystery and intrigue, the Seated Liberty Dollars do not have any official record of ever having been minted, yet somehow 11 traced specimens are believed to exist.

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Highlights Include Exceptional 1870-S Seated Liberty Silver Dollar and Special Session of World Coins Featuring the “Carl F. Chirico Jr. Collection of World Pattern Coins”

IRVINE, Calif. – Bowers and Merena Auctions, America's leading rare coin auction house, continues as Official Auctioneer of the Baltimore Coin and Currency Convention in 2008, with the next auction scheduled for February 27 to March 2, 2008, at the Baltimore Convention Center. This is the first of three Baltimore auctions by Bowers and Merena in 2008, continuing their longstanding and ongoing association with the convention.

There is a long list of highlights offered in the 3,220-lot auction, most notably a very rare 1870-S Seated Liberty Silver Dollar, certified VF 25 by PCGS and considered to be one of the greatest American coin rarities. This particular coin, known as The Farouk-Schultz Specimen, enjoys a prestigious pedigree and auction history including the 1935 Norman Schultz Auction and Sotheby’s 1954 sale of the King Farouk collection, “The Palace Collections of Egypt” auction.