A $15 million auction was won by Bowers and Merena in their capacity as official auctioneers at the American Numismatic Association World's Fair of Money in Los Angeles from August 5th to 10th.
This sum is the aggregate of all bids received throughout the five-day live auction as well as the online auction held by Teletrade Certified Coin and Currency Auctions, a sibling company. The online segment took place on August 9th and 10th.
A 1796 quarter featuring a little eagle reverse was one of the most sought-after items in the sale, fetching a total of $103,500 (including a 15% buyer's fee). The Professional Coin Grading Service assigned a grade of MS-64 to the census coin based on its condition.
The outcome of the auction has exceeded our expectations. Steve Deeds, president of B&M, stated, "Under the present economy, I think that speaks volumes," referring to the fact that this auction ranked second in terms of value and number of lots over the previous five years.
Gold quarter eagle dating to 1808, left-facing Capped Bust graded MS-61 by PCGS was acquired in an auction for $161,000 USD. Rarity-4 was the designation given to the BD-1, HBCC-3017 variant. A PCGS Proof-65 1838 Gobrecht dollar missing its name brought $126,500. It was listed as a Judd-84 Restrike in the catalog.
A Proof-64 Red 1864 Indian Head cent with the designer's initial "L" on the ribbon fetched $94,875. This particular coin variant, Snow-PR3, is the result of a one-of-a-kind die mating. According to the catalog, the mintage for all "L" proofs is estimated at 20 pieces.
A classic collector coin that many people have happy memories of pursuing also brought an exorbitant price. The buyer paid $87,400 for an MS-66 graded 1925-S Buffalo cent from Numismatic Guaranty Corp.
An Augustus Humbert from 1852 produced a price of $70,150. $5.00 in gold, K-11. Only five of these exist. Graded PCGS AU-58, 887 THOUS, Reeded Edge. An MS-66 PCGS-graded 1909-D Indian Head $10 gold coin weighed in at $53,475. Both this census coin and the 1916-S Indian Head $10 that sold for $47,150 were acquired from the Annapolis Collection.
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