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Historic 1804 Dollar Brings $3.29 Million

April 3, 2017

     Stack’s Bowers Galleries just concluded an amazing week. After hosting a successful Whitman Baltimore Expo Auction, they completed Part V of the D. Brent Pogue Collection in conjunction with Sotheby’s. This portion of the sale realized over $21 million which brought the total of the five sales to just over $106 million.

     The most important highlight of the sale was the Dexter/Pogue/Lipton/Albanese Class I 1804 Silver Dollar in PCGS PR65 which sold for $3.29 million. Kevin Lipton, who also owned this same coin back in 1989, and John Albanese made the buy of the decade when they pooled their expertise to acquire a rarity that many experts felt would bring upwards of $5 million.

Class 1 1804 Silver Dollar PCGS PR65

1804 Silver Dollar Class 1 PCGS PR65 sold for $3,290,000 at the D. Brent Pogue Collection Sale Part V in Baltimore, Maryland, March 31, 2017

     There were so many highlighted rarities from the Pogue Sale Part V it would be hard to list them all. The 1811 Classic Half Cent in PCGS MS65+ RB is the finest known and worthy of a premium bid; it brought $998,750 which was well above the high estimate. Another rarity that brought double the pre-sale estimate was the 1793 Liberty Cap Large Cent in PCGS AU58. It may not be the finest known but it sold for $940,000. Below are a few more of the many highlights from Pogue Part V.

 
Date/Denomination
 
Grade
Price
Realized
1809 Half Cent Circle in 0PCGS MS66 BN$105,750
1836 Classic Half Cent OriginalPCGS PR66 BN$117,500
1852 Braided Half Cent OriginalPCGS PR65 Red$493,500
1793 Liberty Cap Large CentPCGS AU55$376,000
1794 Head of 1793 Large CentPCGS MS64 BN$540,500
1796 Liberty Cap Large CentPCGS MS66+ RB$705,000
1804 Draped Bust Large CentPCGS MS63 BN$540,500
1807/6 Sm 7/6 Blunt 1PCGS AU55$305,500
1839 9/6 Plain CordsPCGS MS65+ BN$376,000
1838 Seated Quarter No DraperyPCGS MS66$54,050
1839 Seated Half No DraperyPCGS MS65$141,000
1798 Heraldic Eagle DollarPCGS MS65$141,000
1801 Heraldic Eagle DollarPCGS MS65$399,500
1802 Heraldic Eagle DollarPCGS PR64 Restrike$352,500

     Rarities Night is always a popular event for Stack’s Bowers and this one offered some special coins as well. The 1909 VDB Lincoln Cent is a collector favorite, but when it is a Proof, it is very much in demand. The coin in this sale was a PCGS PR66 RB with a CAC sticker which sold for $41,125. Below are some of the other highlights from the Baltimore Sale.

 
Date/Denomination
 
Grade
Price
Realized
1795 Flowing Hair Half Dollar Two LeavesNGC MS62$64,625
1878 Trade DollarNGC PR68$37,600
1908 $2.5 Gold IndianPCGS PR66$39,950
1866 S $5 Gold No MottoPCGS MS61$50,525
1914 $5 Gold IndianPCGS PR68 CAC$246,750
1880 O $10 GoldPCGS MS64$129,250
1915 S $10 Gold IndianPCGS MS66$99,875
1876 S $20 GoldNGC MS65$105,750









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Current News and Analysis of the U.S.
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