On the afternoon of October 1, the Stack’s Bowers Galleries Rarities Auction, comprising 135 lots of coins and numismatic Americana, was presented to an active audience in the seventh floor sales room at Sotheby’s New York headquarters. When the gavel fell on the last lot, a total of US$2,993,230 worth of coins, medals, and documents had traded hands. Taking top honor was lot 55, a beautifully toned 1796 No Stars quarter eagle graded MS-61 (PCGS) and bearing a gold CAC sticker, which realized $352,500.
Taking second place was lot 110, an example of the exceedingly rare 1880 Coiled Hair Stella, one of only 10 known. The Stellas, or $4 gold pieces, were struck in two formats, one with a flowing hair obverse and one with Liberty’s hair in a coiled bun. The offered example traced its pedigree to the famous “Dallas Bank” Collection sold by Stack’s Bowers (in partnership with Sotheby’s) in October 2001, and was consigned to the current sale as part of the Griggs Collection of U.S. Gold Type Coins. It was certified by PCGS as Proof, with Uncirculated details, polished, and realized $258,500.
One of just three Diplomatic Medals in private hands, this one from the Cardinal Educational Foundation Collection was offered as lot 3 and realized an astounding $188,000. Making its first appearance on the market since 1938 was a lustrous 1799/8 15-Star Reverse silver dollar, graded MS-64 by PCGS that brought $88,125.
“We are very pleased with the results of the Rarities Auction,” stated Brian Kendrella, president of Stack’s Bowers. “Famous rarities and important numismatic items found new homes with collectors. The Pogue Collection sale the prior evening brought in some new faces, who also participated in the Rarities Auction, and we were thrilled to welcome them.”
Additional highlights included:
- Lot 17: 1837 Half Dime. MS-66+ (PCGS) CAC-Gold Label. Realized: $19,387.50.
- Lot 22: 1798/7 Dime. MS-65+ (PCGS) CAC. Realized: $117,500.
- Lot 28: 1843 Quarter. Proof-65 (PCGS) CAC. Realized $70,500.
- Lot 57: 1808 Quarter Eagle. AU-55 (NGC). Realized: $94,000.
Stack’s Bowers Galleries is currently accepting consignments for our upcoming auctions, including world coins for our December 2015 Hong Kong and January 2016 New York International sales and U.S. material for our February 2016 New York Rarities Auction and our Official Auction of the Whitman Coin & Collectibles March 2016 Expo in Baltimore.