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NumisMedia Weekly Market Report

Current News and Analysis of the

United States Rare Coin Market

Major Auctions Feature Gardner Part II and 1853 Collection

October 27, 2014

     Heritage Auctions is hosting Part II of the Eugene H. Gardner Collection Sale in New York City today; this is a one day auction that has advanced collectors and dealers bubbling with excitement. Like the first portion of this collection’s sale, these coins reveal total original surfaces with lots of eye appeal and color. One of the many highlights certain to entice bidders is the 1823/2 Bust Quarter in NGC MS61 with the CAC sticker. There are only two Mint State coins listed in the population reports, both by NGC, this MS61 and an MS62. At this time we have no value reported for either grade. The following listings are some of the many potential highlights from this sale.

1823/2 Bust Quarter in NGC MS61 CAC

1823/2 Bust Quarter NGC MS61 CAC is available in Heritage Auctions Eugene H. Gardner Collection Sale Part II in New York City, October 27, 2014


1801 Half DimeNGC MS67$120,000
1871 CC Seated DimeNGC MS65N/A
1804 Bust QuarterNGC MS63$160,000
1839 Seated Quarter No DraperyNGC PR65N/A
1842 Seated Quarter Small DatePCGS PR65$220,000
1927 S Standing Liberty QuarterPCGS MS65 FH CAC$130,000
1796 Draped Bust Half 15 StarsNGC MS62$280,000
1853 Seated Half Arrows & RaysNGC PR65$135,000
1870 CC Seated HalfPCGS MS62$125,000
1841 Seated DollarPCGS PR64 CAC$125,000
1869 Seated DollarPCGS MS65 CAC$61,500
1870 CC Seated DollarNGC MS64$88,500
1872 CC Seated DollarNGC MS64$110,000

     Baltimore is the host city for this week’s Whitman Expo. Dealers are anxious to see what this show will bring as the year begins to wind down. Dealers and collectors will enjoy the latest presentation of rare coins from Stack’s Bowers Galleries, especially at Rarities Night. Even more notable may be the 1853 Collection. This collection comprises over 50 rarities with some of the finest coins available from this date. From Half Cents all the way through $20 Gold, these coins should intrigue the most sophisticated numismatist. Included is the tremendously rare 1853 O No Arrows Seated Half Dollar in PCGS G6 with the CAC sticker; this is one of four coins known. We do not show a value at this time. The coins below are just some of the many great coins in this sale.


1853 Large CentPCGS MS67 Red$16,250
1853 O Seated Half Dime No ArrowsPCGS MS65 CACN/A
1853 Seated Dime with ArrowsNGC PR65$56,250
1853 Seated Quarter No ArrowsPCGS MS67 CAC$27,500
1853 Seated Quarter Arrows & RaysPCGS PR64 CAC$80,500
1853/4 Seated Quarter Arrows & RaysPCGS MS64 CAC$12,250
1853 O Seated Quarter Arrows & RaysNGC MS66$49,500
1853 Seated Half Arrows & RaysPCGS PR64 CAC$90,000
1853 Seated Dollar RestrikePCGS PR66 CACN/A
1853 Seated DollarPCGS MS66 CAC$77,500
1853 O $1 GoldPCGS MS66$29,500
1853 $5 GoldPCGS MS65 CACN/A
1853 D $5 GoldPCGS MS64+ CAC$46,500
1853 $10 GoldPCGS MS64$27,500
1853/2 $20 GoldPCGS AU58 CAC$17,750

     The metals have retreated once again as Gold fell from the recent $1,240 mark. It is currently at $1,229 with Silver continuing above $17, now at $17.21. One ounce Proof Gold Eagles are trading at $1,430 and Proof Silver Eagles are $48.50. Proof Platinum is wholesaling at $1,375 per ounce. There is little change for VG Silver Dollar bags at $24,265. Ninety percent Silver Bags are trading at $12,950.

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