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Summer FUN Heritage Auction Yields Nearly $10 Million

July 14, 2014

     Reports from the Summer FUN Show were mostly positive. Dealers were generally pleased with their wholesale and retail business, especially for a mid-summer major show. In conjunction with the FUN Show, Heritage Auctions hosted another successful sale with total prices realized at $9,719,316.

     One of several highlights was not the highest priced coin in the sale but one that is quite rare in all grades, the 1920 S $10 Gold Indian. Besides the 1933 and the 1907 Rolled Edge, the 1920 S is one of the keys to this short series. This coin was certified by NGC as AU55 and it realized $38,187.50. There are only 16 coins certified in this grade by both services. While this coin had an original mintage of 126,500, most of them were melted when Gold was prohibited after 1933.

1920 S $10 Gold Indian AU55 NGC

1920 S $10 Gold Indian AU55 NGC sold for $38,187.50 in Heritage Auctions Summer FUN U.S. Coins Signature Sale in Orlando July 10-13, 2014

     Listed below are some other highlights from the Heritage Auctions Sale at Summer FUN.

Date/DenominationGradePrice Realized
1793 Half CentPCGS AU50$28,200
1802 Bust DimePCGS MS62$70,500
1920 D Mercury DimePCGS MS67FB+ CAC$44,063
1807 Bust QuarterNGC MS64+$30,550
1873 Seated DollarPCGS MS65$52,875
1889 CC Morgan DollarNGC MS63$41,125
1890 CC Morgan DollarPCGS MS66$30,550
1855 D $1 GoldPCGS XF45$52,875
1825 $2 ½ GoldPCGS MS62$38,188
1795 $5 Gold Small EagleNGC XF45$32,900
1929 $5 Gold IndianPCGS MS63$52,875
1882 CC $10 GoldPCGS MS60$25,850
1913 S $10 Gold IndianPCGS MS63$30,550

     This week’s LD Wholesale Market Dealer Price Guide contains numerous updates from the recently completed Eugene H. Gardner collection. From Half Cents through Standing Liberty Quarters, advances run through most of the charts. The 1793 Half Cent in MS63 is now up to $90,000 Market and the 1803 in MS64 is at $8,200.

     In Large Cents, the 1793 AMERI. Leg. jumped in grades MS61 through MS64 with the MS63 now at $275,000 Market and the 1793 AMERICA in MS64 higher at $260,000. Copper is a very popular area with collectors and, when a collection is made available for sale with so many high grade coins, higher prices are bound to result.

     Seated coins from Half Dimes to Quarters are also very active with buyers looking for the scarcer dates. These include coins that have low populations in higher grades. The 1840 with Drapery Half Dime in MS67 climbed to $16,500 Market this week and the 1855 with Arrows in PR66 is up to $17,500. The 1858 S Seated Dime in MS66, a very tough coin with only one coin certified in this grade, is higher at $63,500.

     The metals have fallen dramatically this morning in early trading. Make sure you check current prices before making any commitments. Gold is currently at $1,305.60 and Silver is $20.86.

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