Costa Mesa, CA (April 28, 2022) – The incredible Hendricks Set of United States Gold Coins from the Fairmont Collection sold for over $13.6 million in the Stack’s Bowers Galleries Spring 2022 Showcase Auction, more than doubling the overall pre-sale estimate. Presented across 506 lots, the coins in the Hendricks Set realized an average value of nearly $30,000, with 17 lots achieving six-figure prices. More than 350 lots, over 70% of the collection, set new auction records for the grade or overall issue. All of the coins were certified by PCGS and 349 coins, almost 69%, were approved by CAC. Sold by Stack’s Bowers Galleries on Thursday, April 7, it was the most highly anticipated cabinet of Liberty Head gold coins to be offered in recent years. These outstanding results contributed to nearly $37 million in total prices realized for the Stack’s Bowers Galleries sale—a 60% increase above the pre-sale estimate.
The Hendricks Set featured a nearly complete collection of $5, $10, and $20 Liberty Head gold coins with additional selections from the Classic Head, Indian Head, and Saint-Gaudens series. As with prior offerings from the Fairmont Collection, the Hendricks Set coins are distinguished by incredible originality and eye appeal, and they had been ranked among the top PCGS Registry Sets in their respective categories. This offering was highlighted by an incredible 1870-CC double eagle that sold for $840,00, more than twice the existing record. Additionally, an 1875 half eagle also doubled the prior record at $480,000, while an 1864-S half eagle realized nearly 50% above the prior record at $264,000. The top ten results from the Hendricks Set from the Fairmont Collection include:
1. 1870-CC Liberty Head Double Eagle. EF-45 (PCGS). CAC. Realized $810,000. Over 2x the Prior All-Time Record.
2. 1875 Liberty Head Half Eagle. AU-53 (PCGS). CAC. Realized $480,000. Over 2x the Prior All-Time Record.
3. 1864-S Liberty Head Half Eagle. AU-58 (PCGS). CAC. Realized $264,000. Nearly 50% Over Prior All-Time Record.
4. 1885-CC Liberty Head Double Eagle. MS-63 (PCGS). CAC. Realized $264,000 Nearly 3x the Prior All-Time Record.
5. 1867-S Liberty Head Double Eagle. MS-64 (PCGS). CAC. Realized $168,000 7x the Prior All-Time Record.
6. 1882-CC Liberty Head Double Eagle. MS-63 (PCGS). CAC. Realized $156,000 Tied for All-Time Record.
7. 1859-S Liberty Head Half Eagle. MS-63 (PCGS). CAC. Realized $144,000 Over 4x Prior All-Time Record.
8. 1871-CC Liberty Head Double Eagle. AU-55 (PCGS). CAC. Realized $132,000. Over 2x Prior Grade Record.
9. 1886 Liberty Head Double Eagle. AU-55 (PCGS). Realized $132,000. New All-Time Record.
10. 1866-S Liberty Head Double Eagle. No Motto. AU-58 (PCGS). CAC. Realized $120,000
These exceptional prices along with hundreds of record-setting results make this $13.6 million offering of the Henricks Set a historic evening for collectors in these series. Complete prices realized for the $13.6 million Hendricks Set from the Fairmont Collection can be found in the Stack’s Bowers Galleries Auction Archives.
Continuing this momentum, the firm is now preparing the catalog for their June 2022 Showcase Auction of U.S. Coins, which is scheduled to be posted online by May 13. The firm is also accepting consignments to their August 2022 Global Showcase Auction that will present items across every numismatic area including U.S. coins and paper money, Numismatic Americana, World and Ancient coins and paper money, and physical cryptocurrency. This event will feature lot viewing at the ANA World’s Fair of Money in Rosemont, Illinois. In addition, the firm offers monthly Collectors Choice Online Auctions in every category, providing a convenient venue for the quickest sale and the quickest payment at the strongest prices. To consign your collection to an upcoming auction, contact Stack’s Bowers Galleries today at [email protected] or 800-458-4646.
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, and Spring and Fall Hong Kong shows.