NGC-certified Coins and PMG-certified Notes Impress in Stack's Bowers March Sale

Posted on 3/27/2020

A 1913 Saint-Gaudens Double Eagle and a 1934 $10,000 Federal Reserve Note each realized more than $150,000.

Coins certified by Numismatic Guaranty Corporation® (NGC®) and notes certified by Paper Money Guaranty® (PMG®) achieved impressive results in a recent Stack’s Bowers auction featuring rarities from the ESM Collection of Half Cents, the Harrington Collection and the E. Horatio Morgan Collection. The results show that the numismatic markets continue to have remarkable strength despite these unprecedented times.

1913 Saint-Gaudens Double Eagle graded NGC PF 66 that realized $162,000
Click image to enlarge.

One coin that proved this was a 1913 Saint-Gaudens Double Eagle that realized $162,000. Graded NGC PF 66, it is one of only 58 Proof Double Eagles struck in 1913 with the “sandblast” finish, which creates a velvety matte texture rather than a mirror-like surface. Collectors seek out coins with the sandblast finish today, but at the time this piece was minted, there was declining interest, which is why so few were produced.

Other NGC-certified coins that realized significant amounts include:

The top note in the US currency sale was a newly discovered 1934 $10,000 Federal Reserve Note (Dallas) graded PMG 63 Choice Uncirculated that realized $180,000. With only an estimated 215 known and an incredibly high face value for its circulation period, $10,000 Federal Reserve Notes like this one are among the most desirable pieces of US currency.

1934 $10,000 Federal Reserve Note (Dallas) graded PMG 63 Choice Uncirculated that realized $180,000
Click image to enlarge.

Other PMG-certified notes that realized significant amounts include:

Each NGC-certified coin and PMG-certified note is backed by a comprehensive guarantee of authenticity and grade, which gives bidders greater confidence whether buying in person or online.

All prices realized include a 20% buyer’s premium and are stated in US dollars.

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