NGC-certified Early US Gold Rarity Realizes $300,000 at Stack's Bowers Sale

Posted on 8/9/2020

A 1797 Small Eagle $10 and a magnificent Panama-Pacific $50 commemorative were met with exuberant bidding.

Two rare gold coins certified by Numismatic Guaranty Corporation (NGC) each realized six figures in Stack's Bowers' August 2020 Session 2 - Rarities Night sale, held August 6, 2020.

A 1797 Small Eagle $10 graded NGC MS 62 realized $300,000. In its day, the design of the small eagle on the reverse of these $10 coins was criticized as scrawny looking, and it was quickly phased out for a more impressive, heraldic eagle design.

1797 Small Eagle $10 graded NGC MS 62. Realized: $300,000
Click images to enlarge.

Meanwhile, from over a century later, a 1915-S Panama-Pacific Round $50 graded NGC MS 65 realized $138,000. When these coins were first issued, collectors preferred the unusual octagonal version, so fewer round ones sold, making them rarer today. This particular example comes from the top tier grade-wise.

Other NGC-certified highlights include:

Prices realized include buyers' premium and are expressed in US dollars.

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