rare coins

Rare Collection of Saint-Gaudens Coins Up For Auction

Filed under: Auctions

Beautiful and rare coins are headed to auction next week when Bonhams & Butterfields in Los Angeles presents an auction of Rare Coins, Medals and Banknotes. The September 20 auction includes the J.D. Collection of Saint-Gaudens $10 eagle coins which is comprised of approximately 30 highly sought after gold coins, date from 1907 to 1932. Most of the coins have been off the market for many yeas and many of them are in Choice to Gem Uncirculated condition and are graded by the both major numismatic entities, NGC and PCGS. Part one of the J.D. Collection, a rare and complete set of Gem Mint State $2.50 Indian Head quarter eagles was sold by Bonhams & Butterfields in early 2010.

The most expensive lot is a 1907 $10 with Wire Rim graded NGC MS64. There was an estimated mintage of only 500 pieces. Augustus Saint-Gaudens was commissioned by President Theodore Roosevelt to create completely new designs for United States coinage. The Wire Rim and Rolled Edge Indian eagles, along with High Relief double eagles, represent the original work of Augustus Saint-Gaudens as he intended these coins to look. The coin shown above is estimated to bring $36,000-44,000. Other rare coins include a 1910 $10 MS67 NGC (estimated at $18,000-25,000); 1911 MS66 NGC (estimated at $10,000-14,000); 1913-S MS63 PCGS (estimated at $20,000-24,000); 1914-S MS64 PCGS (estimated at $10,000-13,000); 1914-D MS65 NGC (estimated $11,000-13,000) and a 1915 MS66 NGC (estimated at $10,000-14,000).

Tags: auguste saint-gaudens, coin collecting, coin collection, coin collectors, numismatics, rare coins, saint-gaudens

Silver Dollar Sets New World Record

by Deidre Woollard (RSS feed) —

A rare 1794 U.S. silver dollar has set a record price. The Neil/Carter/Contursi specimen 1794 Flowing Hair Silver Dollar sold for $7.85 million. What makes this particular coin so rare is that it is the finest known 1794 dollar and several experts believe this could be the first silver dollar ever struck by the United States Mint.

The coin was sold by Steven L. Contursi, President of Rare Coin Wholesalers of Irvine, California, to the nonprofit Cardinal Collection Educational Foundation in Sunnyvale, California. Contursi has had the coin since 2003, acquiring it for a price he's only ever defined as "millions of dollars." He has displayed the coin in cities around the country and had a custom wooden exhibit case constructed so it could be seen more easily. When it wasn't on tour it was a featured exhibit at the American Numismatic Association's Edward C. Rochette Money Museum in Colorado Springs, Colorado.

Tags: 1794 silver dollar, contest, flowing hair silver dollar, most expensive coin, rare coin, rare coins, silver coins, silver dollar, silver dollars

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