David Lawrence Rare Coins Auction 952

By David Lawrence Rare Coins ……
 

The David Lawrence Rare Coins Sunday Internet Auction #952, featuring the Peachtree Collection of DMPL and Proof Morgan Dollars, concluded last night with impressive results.

173 lots sold for a staggering realized of over $600,000 USD! There were many highlights from the sale that included an 1895 $1 PCGS Proof 67 Deep Cameo that realized $146,500 and a 1776 Continental Dollar $1 PCGS XF40 that realized $44,000.

Other highlights from the DMPL portion of the collection included record-breaking results for an 1885 $1 NGC MS67 DMPL that brought $9,250, and an 1898-S $1 PCGS MS65 DMPL that garnered $13,000.

As John Brush, President of David Lawrence Rare Coins (DLRC) stated:

“It goes to show you that high quality, attractive coins continue to bring impressive results. When really neat collections come to market, we do our best to serve the consignor and the bidders, and the impressive service, presentation, and quality typically brings very strong results. At DLRC we pride ourselves on having the highest credit card limits (up to $10k!), interest free long-term layaways, and free shipping on all orders. We think that these small perks really help our customers in building their collections and it allows us to better serve the hobby.”

Coronet 1895 Dollar, Image Courtesy of PCGS

The Proof Morgans continued to bring impressive numbers in the auction that ended Sunday evening. An extremely scarce 1878 7TF Reverse of 1878 PCGS Proof 65 Cameo changed hands for $30,000. Several other high-end issues, including an 1899 and a 1904 $1, both graded by NGC as Proof 68 found new homes.

As Jason Smith, Vice President of DLRC mentioned:

“Being able to offer so many registry quality Proof Morgan Dollars in one sale was truly an exciting event for us and collectors nationwide. We were honored to offer these, and I thoroughly enjoyed discussing them with customers over the past few weeks.”

Part 2 of the Peachtree Collection, featuring Classic US Gold will be offered in this week’s Sunday Internet Auction, ending on March 26, followed by the concluding third part on April 2nd, which features Modern Gold and Platinum issues.

Other highlights from the Peachtree Collection Results:

1776 Continental Dollar $1 PCGS XF40 (EG FECIT, Pewter) 44000
1885 $1 NGC MS67 DMPL 9250
1895-S $1 PCGS/CAC MS64 8350
1898-S $1 PCGS MS65 DMPL 13000
1902-O $1 PCGS MS67 PL 18750
1878 7TF $1 PCGS Proof 65 Cameo (Reverse of 1878, Retro OGH) 30000
1879 $1 PCGS Proof 67 Cameo 17750
1882 $1 PCGS/CAC Proof 66+ Deep Cameo 19000
1884 $1 NGC Proof 67 Cameo 14500
1885 $1 PCGS Proof 66 Cameo 7850
1887 $1 PCGS Proof 67 Cameo (Retro OGH) 19000
1889 $1 NGC Proof 67 Cameo 17250
1890 $1 NGC Proof 66 Cameo 7850
1890 $1 PCGS Proof 66 Deep Cameo 17000
1893 $1 NGC Proof 67 Cameo 15000
1895 $1 PCGS Proof 67 Deep Cameo 146500
1896 $1 PCGS/CAC Proof 66 Deep Cameo 17500
1897 $1 PCGS Proof 66 Deep Cameo 18000
1899 $1 NGC Proof 68 ex: Eliasberg 20000
1904 $1 NGC Proof 68 20000

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About DLRC Auctions

DLRC has been in business since 1979 and auctions over 300 new offerings in their weekly internet auctions, ending on Sunday nights between 8-11pm EST. In addition, DLRC offers one of the largest certified coin inventories on the internet at www.davidlawrence.com, where over 5,000 coins are always for sale.
 

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