Costa Mesa, CA – The special 2021 35th Anniversary American Eagle 1 Ounce Gold and Silver Coins realized over $4.6 million in total sales at the Stack’s Bowers Galleries Summer 2022 Global Showcase Auction conducted at Griffin Studios. Presented across 700 lots in a standalone session on September 1, these 35th Anniversary coins saw fierce competition from collectors. During more than 11 hours of live bidding, numerous price records were set. Stack’s Bowers Galleries was also honored to host the United States Mint Director Ventris C. Gibson during the sale, enhancing the historic nature of the event.
The top price of the session was realized by the very first struck 2021 American Eagle gold coin of the new Eagle Portrait (Type 2) reverse design. Graded MS-70 by NGC, it realized $100,000 and set a new record for the most valuable 1 ounce American Eagle gold coin ever sold at auction, more than tripling the prior record of $29,700. The very last struck of the outgoing gold Family of Eagles (Type 1) reverse design also realized a strong price of $77,500, more than doubling the prior record.
Several records were also set among the American Eagle silver coins. The very last coin struck of the classic Heraldic Eagle (Type 1) reverse design realized $85,000 and set a new record for the most valuable Uncirculated (bullion) strike to sell at auction. This astounding result is nearly two-and-a-half times the prior record of $34,500. The very first struck of the new Eagle Landing (Type 2) reverse design also achieved more than double the prior record, realizing $80,000 in the Stack’s Bowers Galleries sale.
These special coins were struck to celebrate the 35th anniversary of the American Eagle series and the debut of new reverse designs and refreshed obverse designs released in April 2021. Produced with care in a special striking ceremony at the West Point Mint by former Mint Director David Ryder, they capture a historic transition between the very last coins struck of the classic designs and the very first struck of the new designs. Stack’s Bowers Galleries was selected by the Mint to offer these coins exclusively in their Summer 2022 Auction, marking one of the few times the Mint has engaged with a third-party auctioneer for the release of a special product.
The $4.6 million realized by the 35th Anniversary coins contributed to over $60.1 million in total prices realized across the firm’s entire Summer 2022 Global Showcase Auction, representing the single largest sale in the firm’s 89-year history. On the heels of such a successful offering, the firm is now finalizing their Official Auction of the Whitman Winter 2022 Expo, which will be posted on their website for pre-bidding in the coming weeks. Featuring U.S. coins, U.S. currency, and Numismatic Americana, this event will be highlighted by Part II of the Sydney F. Martin Collection that will offer 1785 and 1786 Connecticut coppers, Washingtonia, Rosa Americana coinage, and select French Colonials. For questions about the 35th Anniversary American Eagle coins, their Winter 2022 Showcase Auction, or to consign your coins to a future auction, contact Stack’s Bowers Galleries today at [email protected] or 800-566-2580.
About Stack’s Bowers Galleries
Stack’s Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company’s nearly 90-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection and The Battle Born Collection — to name just a few. World coin and currency collections include The Pinnacle Collection, The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Wa She Wong Collection, and The Thos. H. Law Collection. The company is headquartered in Costa Mesa, California, with offices in New York, Philadelphia, Wolfeboro, Hong Kong, and Paris. Stack’s Bowers Galleries hosts an annual Global Showcase in August featuring United States coins and currency, Ancient coins and World coins and currency in its Costa Mesa auction gallery. They are also the Official Auctioneer for several important numismatic events, including the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, the Spring and Fall Hong Kong shows, and the Valkenburg Paper Money Shows.