Costa Mesa, CA – Over $23 million in United States coins and currency was sold in the Stack’s Bowers Galleries Winter 2022 Showcase Auction, marking an incredibly successful close to the firm’s 2022 U.S. Showcase Auction season. Presented was an exciting array of Numismatic Americana, U.S. colonial and federal coinage, and physical Bitcoins and Cryptocurrency, including several significant collections that represented the pinnacles of their respective categories.
Part II of the Sydney F. Martin Collection realized nearly $4.2 million and featured Martin’s French colonial material, Rosa Americana coinage, 1785 and 1786 Connecticut coppers, and Washingtoniana. These selections included some of Martin’s most focused collecting specialties and his areas of unparalleled research. Among the most remarkable prices was realized by the unique 1670-A Double de l’Amerique, widely thought to be the first coin to feature the word “America.” The double’s provenance stretches back to 1870, and it sold for $504,000, reflecting its unique status and significant historical value. A 1717 Pre-Patent Twopence set a new price record for Pre-Patent Rosa Americana coinage when it realized $28,800. The famous 1733 Twopence Pattern, graded Proof-62 by PCGS, brought $57,600. The unique 1785 Miller 6.6-A.3 die variety Connecticut copper realized $43,200 as it crossed the block for the very first time. There was enthusiastic bidding for the Washington Seasons medals, as silver versions of The Shepherd and The Home realized $114,000 and $132,000, respectively. The rare Roman Head cent in PCGS Proof-64 RB brought $132,000, and the AU-55 PCGS Funeral Urn medal in gold sold for $66,000.
Among other colonial rarities, a recently-discovered NE shilling realized $312,000 as the only Mint State example known, graded MS-61 (NGC). An incredibly rare “1776” Continental Dollar in brass from the Addison Collection brought a bold price of $204,000.
Among federal issues, Proof gold coins claimed the top prices including a Superb Gem Proof 1885 double eagle that set a new record at $990,000. This result exceeded the PCGS Price Guide value by more than 70% and represents a three-fold increase on what the same coin realized when sold by Stack’s Bowers Galleries in August 2011. A Choice Proof 1861 eagle set a new record at $336,000—nearly tripling its prior sale price—and a Choice Proof 1874 eagle also set a new record at $264,000 in its first auction offering since the firm’s 1988 Norweb Collection sale.
The Harvey B. Jacobson, Jr. Collection presented a complete set of Capped Bust $10 gold eagles, 1795 through 1804, including all known die varieties struck for circulation. This 32-piece set was the third known complete collection of this series and it realized over $2.9 million in the Stack’s Bowers Galleries Winter 2022 sale. Notable results include a MS-62 (PCGS) 1796 BD-1 with provenance to the Byron Reed Collection that realized $300,000, and an AU-58+ (PCGS) CAC 1795 BD-1, 13 Leaves that sold for $288,000.
The CBL Set of gold coins was another standout offering from the Fairmont Collection, comprising mostly complete runs of $5, $10, and $20 coins beginning in 1834. The CBL set realized over $3.7 million and offered such strong results as a MS-60 (PCGS) 1872-CC $20 that sold for $102,000 and a MS-60 (PCGS) CAC 1878-CC $20 that earned $72,000.
Beyond these curated groups, many price records were set in the Winter 2022 Sale. A MS-62 (PCGS) 1889-CC Morgan dollar set a new record for the grade at $42,000, as did a MS-65 (PCGS) 1909-S Indian eagle which realized $22,800. An 1861-C Liberty Head half eagle graded AU-50 (PCGS) CAC more than doubled the previous record when it sold for $20,400.
Accompanying these colonial and federal coins was an exciting selection of Numismatic Americana highlighted by a pair of Libertas American medals in silver and bronze from the Cardinal Collection Education Foundation that realized $168,000 and $26,400, respectively.
Results in the U.S. currency portion of the Winter 2022 Showcase Auction were led by a stunning Fr. 334 1891 $50 Silver Certificate in PMG Gem Unc 65EPQ grade which realized $48,000 against a $40,000-$50,000 estimate. A Fr. 329 1880 $50 Silver Certificate, graded Choice Very Fine 35 by PCGS Banknote (and the only example of the Friedberg number graded by PCGS at the time of the sale) sold for $45,600. Among Nationals, a newly discovered San Diego, California $5 Red Seal graded PMG Choice Very Fine 35 EPQ realized $38,400 against a $10,000-$15,000 estimate. This important note bore serial number 1000000. High denomination notes continued to attract strong prices as a top-pop Fr. 2211-Ddgsm* $1,000 Cleveland Federal Reserve Mule Star Note in PMG CU 64 EPQ brought $40,800.
Stack’s Bowers Galleries was also proud to present their Cryptocurrency Anniversary Session which celebrated one year since their first offering in this category. Presented in this special session was an unprecedented 101 coins spanning the Bitcoin, Litecoin, Monero, and Dogecoin cryptocurrencies and featuring many popular series. This session earned more than $440,000, pushing the total prices realized for the category over the past year above $2 million. Crypto highlights included a “gold rim” 2013 Casascius 1 Bitcoin that sold for a 200% premium at $66,000, a brass 2012 Casascius 1 Bitcoin that sold for an 80% premium at $38,400, and a silver 2013 Casascius 0.1 Bitcoin that realized more than a 300% premium at $9,600.
The complete prices realized from the Stack’s Bowers Galleries Winter 2022 Showcase Auction are available on the firm’s website www.StacksBowers.com. Stack’s Bowers Galleries is now looking ahead to their 2023 Showcase Auction season beginning with their spring 2023 event, the official auction for the Whitman Coin & Collectibles Expo in Baltimore. Consignments will be accepted through January 23, though certain categories are subject to earlier deadlines. For more information or to consign your coins to a future sale, contact the firm at [email protected] or call (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, The Sydney F. Martin 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 Salton Collection, The Wa She Wong Collection, and The Thos. H. Law Collection.
The company is headquartered in Costa Mesa, California, with galleries in New York, Philadelphia, and Boston. Offices are also located in New Hampshire, Oklahoma, South Carolina, Virginia, 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 Maastricht Paper Money Shows.