Two NGC US Coins Top $1 Million at Heritage ANA Sale
Posted on 8/21/2018
Two coins certified by Numismatic Guaranty Corporation® (NGC®) broke the $1 million barrier at Heritage Auctions' Platinum Night sale at the ANA World's Fair of Money in Philadelphia on August 16.
|Described as "the discovery of a lifetime," Numismatic Guaranty Corporation has authenticated and graded as NGC XF 45 the fourth-known 1854-S Half Eagle. Realized: $2.16 million
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A recently discovered 1854-S $5, graded NGC XF 45, realized $2.16 million. The New England resident who owned the coin was initially told it was counterfeit, before NGC confirmed that it was genuine and only the fourth-known example.
Besides this example, there is one specimen in the Smithsonian Institution and another in the Pogue Collection. The final example was stolen at gunpoint in 1967 from industrialist Willis DuPont in Coconut Grove, Florida. NGC experts and other numismatists confirmed that the recently discovered specimen was not the same as the DuPont piece.
Mint records indicate only 268 Half Eagles were struck at the San Francisco Mint in 1854, the year it opened amid the California Gold Rush.
The pedigree "Discovery of a Lifetime" was printed on the NGC label, reflecting the coin's amazing story. To read more about this coin and see a video, click here.
|1792 Eagle & Stars Gold Washington President $10, graded NGC XF 45★.
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A 1792 Washington President Pattern Gold Eagle, graded NGC XF 45★, realized $1.74 million. It was the coin most cherished by renowned numismatist Eric P. Newman, who passed away last year at age 106.
Newman, one of the greatest numismatic researchers and writers of all time, believed that this coin was struck as a pattern (a proposed coin) for a gold eagle, or $10 piece, and was expressly struck for, presented to and carried by George Washington.
The 1792 Washington President Pattern Gold Eagle set a record for a coin sold by the Eric P. Newman Numismatic Education Society (EPNNES). All of the EPNNES coin selections have been certified by NGC and thus far have realized over $58 million in a series of auctions.
To read more about this coin and see a video, click here.
A third NGC-certified coin nearly reached the $1 million mark in the sale. A 1794 Flowing Hair Dollar, graded NGC AU 58, sold for $788,000. It is a high-grade example of the first silver dollar struck by the US Mint.
Other highlights of the Platinum Night sale include:
- Lot 5286 - 1907 Wire Rim $10, graded NGC MS 67+. Realized $312,000
- Lot 5296 - 1852-O $20, graded NGC MS 65. Realized: $300,000
- Lot 5260 - 1799 $10, graded NGC MS 65. Realized $180,000
- Lot 5104 - 1916 J-1989 Standing Liberty Quarter Pattern, graded NGC PF 61. Realized: $168,000
- Lot 5206 - 1895 Morgan Dollar, graded NGC PF 66 Cameo. Realized: $105,000