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NumisMedia Weekly Market Report
Stack's Bowers Sale Echoes the Recent Trend
June 24, 2024
The bullion dominated coin market has been taking a toll on rare coin sales as we have seen some lackluster results from the last two major auctions, recently by Heritage Auctions and then Stack's Bowers Galleries this past week. The competition for rarities in major auctions has dropped off over the last year, and the last three months has been even worse with lower than expected prices realized on many of the lots in recent sales. With Gold well over $2,000 an ounce, and currently holding strong above $2,300, precious metals may continue to head the coin market for at least the time being. Below are some of the highlights from the just completed Stack's Bowers Galleries sale.
1852 O $20 Gold certified by PCGS MS61 and CAC
The 1852 O $20 Gold is quite rare in all Mint State grades. There were 190,000 originally minted but there are likely less than six hundred coins known presently. There are just fifty coins certified in all Mint State grades, the highest graded is an MS65 by NGC that last sold at a 2018 auction for $300,000. This PCGS MS61 with the CAC approval is one of two in the grade and it brought $63,000 in this sale; there are only eleven that grade higher.
1852 O $20 Gold PCGS MS61 CAC sold for $63,000 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1907 $20 St Gaudens High Relief certified by NGC MS66 and CMQ
The 1907 $20 Gold High Relief had a mintage of just over 11,000 coins before the mint ended production in favor of the mass-produced reduced relief variety that had a mintage of over 360,000 coins. The High Relief has a Flat Edge and Wire Edge type, with the Flat Edge the scarcer of the two. This coin is certified by NGC as MS66 and has the CMQ approval, and it brought a final price of $108,000. While there are over three hundred coins certified in MS66 and higher of the High Relief, most of the coins seen in the marketplace and auctions are the Wire Edge type. There are approximately twice as many of the Wire Edge than the Flat Edge in all grades.
1907 $20 St Gaudens High Relief NGC MS66 CMQ sold for $108,000 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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| Date/Denomination | Grade | Price Realized |
| 1795 Flowing Hair Half Dime | NGC MS65 | $28,800 |
| 1803 Draped Bust Dime | NGC MS61 | $22,800 |
| 1804 Draped Bust Dime | NGC AU53 | $38,400 |
| 1805 Draped Bust Dime | NGC MS65 | $26,400 |
| 1834 Bust Quarter | NGC MS67 | $72,000 |
| 1795 Flowing Hair Half Dollar Two Leaves | NGC MS61 | $36,000 |
| 1851 Seated Dollar | PCGS AU58 | $45,600 |
| 1851 Seated Dollar | NGC MS63+ | $48,000 |
| 1852 Seated Dollar | PCGS AU53 | $36,000 |
| 1857 Seated Dollar | PCGS PR65 CAC | $42,000 |
| 1873 CC Seated Dollar | PCGS AU50 | $43,200 |
| 1873 CC Seated Dollar | NGC AU58 | $63,000 |
| 1893 O Morgan Dollar | PCGS MS64 CAC | $30,000 |
| 1902 S Morgan Dollar | PCGS MS66+ CAC | $24,000 |
| 1926 D Peace Dollar | PCGS MS67 | $24,000 |
| 1855 $1 Gold TII | PCGS MS66 | $30,000 |
| 1827 $2.5 Gold Capped Head | PCGS AU58 | $28,800 |
| 1908 $2.5 Gold Indian | NGC PR67 | $37,200 |
| 1911 D $2.5 Gold Indian | NGC MS65 | $43,200 |
| 1872 $3 Gold | NGC PR64 CAM | $37,200 |
| 1882 $3 Gold | PCGS PR64 CAC | $36,000 |
| 1879 $4 Gold Stella Flowing Hair | PCGS PR67 CAM | $336,000 |
| 1799 $5 Gold Heraldic Eagle | PCGS MS61 | $31,200 |
| 1806 $5 Gold Capped Bust | PCGS MS63 CAC | $43,200 |
| 1886 $5 Gold | NGC PR66 CAM CMQ | $52,800 |
| 1803 $10 Gold Capped Bust | PCGS AU58 | $27,600 |
| 1890 CC $10 Gold | PCGS MS63 CAC | $28,800 |
| 1865 $20 Gold | NGC MS64+ | $26,400 |
| 1885 $20 Gold | NGC AU58 | $55,200 |
| 1885 CC $20 Gold | PCGS MS62 | $55,200 |
| 1891 CC $20 Gold | PCGS AU55 CAC | $38,400 |
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1834 Bust Quarter NGC MS67 sold for $72,000 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1852 Seated Dollar PCGS AU53 sold for $36,000 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1857 Seated Dollar PCGS PR65 CAC sold for $42,000 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1873 CC Seated Dollar NGC AU58 sold for $63,000 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1902 S Morgan Dollar PCGS MS66+ CAC sold for $24,000 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1926 D Peace Dollar PCGS MS67 sold for $24,000 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1827 $2.5 Gold Capped Head PCGS AU58 sold for $28,800 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1872 $3 Gold NGC PR64 CAM sold for $37,200 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1882 $3 Gold PCGS PR64 CAC sold for $36,000 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1879 $4 Gold Stella Flowing Hair PCGS PR67 Cameo sold for $336,000 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1886 $5 Gold NGC PR66 CAM CMQ sold for $52,800 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1890 CC $10 Gold PCGS MS63 CAC sold for $28,800 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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1885 CC $20 Gold PCGS MS62 sold for $55,200 in Stack's Bowers Galleries June 2024 (Baltimore) Showcase Auction in Costa Mesa, California, June 17-21, 2024
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