Auction Results from Stack's Bowers' Spring Expo Reach Record Highs

The Whitman Coin & Collectibles Official Auction at Stack's Bowers Galleries Strong bidding raised almost $28.5 million at 2023 Spring Expo, setting dozens of price records.

The best seller was a Cardinal Collection Educational Foundation-signed 1792 copper penny with a silver plug. A PCGS MS-61 BN and CAC-approved contested coin sold for $576,000An 1854 Kellogg & Co. $20 graded MS-65 (PCGS, CAC) sold for $552,000. It beat the previous record by nearly 60%.

With a circa 1784 Ephraim Brasher (EB) Regulated Brazil 1754-B 6,400 reis selling for $168,000, Part III of the Sydney F. Martin Collection sold for almost $3 million. An undated (1659) Maryland Lord Baltimore denarium ($108,000), a 1787 New York Excelsior copper ($144,000), a 1783 John Chalmers Ring shilling ($144,000), and a 1785 Immune Columbia / Nova Constellatio copper ($114,000) also sold for six figures.This iconic cabinet will be sold at the August 2023 Global Showcase Auction and Stack's Bowers Galleries Collectors Choice Online Auctions.

The Garrett and Partrick collections sold a beautiful prooflike “1789” (ca. 1792) Washington Born Virginia copper for $57,600 and an undated (1652) NE Shilling graded AU-50 by PCGS for $156,000 at Stack's Bowers. PCGS AU-50 1776 Continental dollar (Newman 1-c Pewter “CURENCY”) sold for $44,400, a grade record.

Record prices and outcomes were set at Official Spring Expo Auction Rarities Night. The 1879 Indian Head cent PCGS MS-67 RD sold for $22,800, breaking the date's record. The Rarities Night session and main catalog included the late 19th-century James Allaire Millholland Collection of proof and business struck 18th and 19th-century U.S. coins. This cabinet's $52,800 1803 Draped Bust silver dollar exceeded MS-61's record by 40%.

The collection exhibited superb tone and quality, including record prices for a PF-66 (PCGS) 1860 Seated Liberty dollar at $28,800, a PF-67 1891 Morgan dollar at $22,800, and a PF-65 Cameo 1873 Trade dollar at $26,400.

An 1861 $3 gold coin in PCGS MS-64 sold for $36,000, nearly doubling the grade record. In 1886, a PF-67 Deep Cameo (PCGS) double eagle sold for $468,000, more than 50% over the previous record, while a PF-66+ CAC went for $264,000. A $21,600 MS-67+ (PCGS) gold dollar and $26,400 quarter eagle from the 1915 Panama-Pacific Exposition set new market records.

Stack's Bowers Galleries launched its fourth Independent Fairmont Collection coin collection. Another outstanding auction sold the CAG Set of $5, $10, and $20 gold coins for over $3.4 million. An 1866-S No Motto double eagle, graded AU-58 (PCGS, CAC), sold for $114,000, followed by five Carson City doubles over $50,000.

A special session of the Stack's Bowers Galleries auction sold $680,000 in Bitcoin and Cryptocurrency coins, shattering a record for the most profitable live crypto coin auction and averaging bids near 200 percent of face value. A 2012 Casascius 1 Bitcoin. Firstbits 1CSFguKQ in brass sold for $60,000 (almost quadruple its face value) and a silver 2013 0.1 Bitcoin sold for $13,200 (almost five times premium), setting a record.

Spring 2023 Expo Auction was dominated by the Mid-Continent Collection of Gem Colonial, Continental, and Small Size US money. A 1928 $500 (Fr. 2407) PMG Gem Uncirculated 65 EPQ and a 1928 $100 (Fr. 2405) graded 66 EPQ sold for $216,000 and $192,000, respectively, exceeding their pre-sale highs. An 1861 $5 Demand Note (Fr. 2) graded Gem Uncirculated 65 EPQ by PMG sold for $408,000 and a 1934 $5,000 Dallas Federal Reserve Note (Fr. 2221-K) sold for $174,000.

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