Money Show Features Very Rare Gold Coin

by Deidre Woollard (RSS feed)
Jul 28th 2010 at 6:00AM

World's Fair of Money, it has a lovely ring to it doesn't it? The annual show draws more than 1,000 of the nation's best coin dealers together to exhibit coins, paper money, medals, tokens and other numismatic items. The event takes place in Boston August 10 - 14, 2010 at the Hynes Convention Center.

The show is sponsored by the nonprofit American Numismatic Association and will also feature museum-quality exhibits from the Smithsonian Institution, the ANA Edward C. Rochette Money Museum and private collectors. One display will be
one of the three known proof 1804 Eagles made on behalf of President Andrew Jackson and a rare 1804 Eagle silver pattern which have been acquired by Legend Numismatics of Lincroft, New Jersey and sold to a Texas collector. Both coins will be publicly displayed together for the first time ever at the event.

"The 1804 proof gold Eagle is a classic American rarity and the silver pattern is an amazing companion to it. Both coins are now part of the incredible collection being assembled by Bob R. Simpson of Texas, a connoisseur of numismatic quality and rarity and a long-time client and friend," said Laura Sperber of Legend Numismatics (www.LegendCoin.com). The coins will be displayed at the Numismatic Guaranty Corporation booth (#704) at the show in the Hynes Convention Center.

The gold 1804 $10, graded NGC PF65 Ultra Cameo, was obtained by Legend from a private collector with the assistance of John Albanese of Certified Acceptance Corporation (CAC). The silver 1804 $10 (Judd-34), graded NGC PF64, was purchased from Steven L. Contursi, President of Rare Coin Wholesalers in Irvine, California. The purchase and sale prices were not disclosed for these transactions but the 1804 gold proof Eagle made headlines in 2007 when it sold for $5 million. It had sold for $1 million in 2003 and then for $2.47 million in 2005 so we can only assume another leap up in price. The Eagle coin is stamped 1804 but was created in 1834 at the Philadelphia Mint for Andrew Jackson as a diplomatic gift.

Tags: coins, gold coin, gold coins, numismatics, worlds fair of money