By CoinWeek….
David Lawrence Rare Coins Internet Auction #886 closes Sunday, December 13 at 8pm Eastern. David Lawrence and company, based out of Virginia Beach, Virginia, has long offered collectors an easy auction format in weekly auctions that feature an interesting variety of certified coins for all budgets–many at no reserve.
And all with no buyer’s premium.
So before you miss out on the the action, take a look at a few highlights from this week’s online auction from David Lawrence Rare Coins.
1. Lot 7078 – 1916-D 10c PCGS AU55 CAC
Most modern numismatists count the 1916-D Winged Liberty (Mercury) dime as among the most coveted United States issues of the 20th century. According to the Red Book, only 264,000 Winged liberty dimes were manufactured at the Denver Mint during the inaugural year of the Winged Liberty series. Compare that with over 22 million minted in Philadelphia and over 10 million in San Francisco.
The example on sale at David Lawrence features rainbow album toning on both the obverse and reverse and is one of the most pleasing circulated business strike examples you will likely see.
Pre-Sale Estimate: US$12,250.00 | Current Bid: $10,000.00
2. Lot 7029 – 1955/1955 1c NGC/CAC MS63BN
The lot description and the holder call this coin brown, but the rare choice uncirculated example of this popular 20th-century variety actually exhibits a pleasing palate of red, gold, and blue toning.
A view of the front and back of the NGC holder reveals the variety’s characteristic 5% misaligned die.
NGC has recorded 406 grading events in MS63 (all color designations), with 336 finer. Compare that to the key-date 1909-S V.D.B. cent, which has a certified population nearly five times higher at this grade level, and you begin to recognize the true scarcity of this example.
Pre-Sale Estimate: US$2,950.00 | Current Bid: $2,300.00
3. Lot 7255 – 1893-CC $1 NGC MS62
While not the scarcest of Carson City Morgans, the 1893-CC Morgan silver dollar is still relatively scarce–especially when compared to the rest of Carson City’s 1890s output. Indeed,the mint produced only 677,000 Morgan dollars in its final year of operations.
The example herein features areas of russet and orange peripheral toning, with other parts of the coin tending from blast white to cobalt and even dark purple. It exhibits a nice, original luster and a sharp strike, most noticeably on the reverse.
Pre-Sale Estimate: US$6,300.00 | Current Bid: $3,250.00
4. Lot 7097 – 1886 25c PCGS Proof 66 CAM
The 1886 Seated Liberty quarter has the second-smallest mintage of all With Motto Seated liberty quarters at 5,000 coins struck and released (only the exceptionally rare 1873-CC had a lower mintage, with 4,000). “With Motto” Seated liberty quarters were produced between 1866 and 1891, and were so named because they feature the national motto “In God We Trust” on a ribbon on the reverse above the eagle.
This coin is graded Proof 66 CAM by NGC, which is beautiful enough, but the creamy, coffee-colored toning really makes the details pop. Strong, darker peripheral toning yields ever-so-gently to a very palatable whitened center on the obverse, but flip this gem of a coin over for a real treat. The darker, bolder, orange-colored reverse is so smoothly toned that it looks more like a Revolutionary War political cartoon done in colored pencil than metallic relief sculpture.
Pre-Sale Estimate: US$3,040.00 | Current Bid: $2,200.00
5. Lot 7327 – 1850-O $20 PCGS XF45
Rare early-date gold coins, including eagles and double eagles, make up a substantial portion of Internet Auction #886. This 1850-O Liberty Head “Without Motto” $20 double eagle, PCGS XF45, is a good example.
Relatively scarce, only 141,000 were produced at the New Orleans Mint. The Liberty Head series ran from 1849 to 1907, when it was replaced by Augustus Saint-Gaudens’ famous double eagle gold coin design. From the beginning of its production run until 1866, the Liberty Head double eagle lacked the motto “In God We Trust”, hence the nickname.
Pre-Sale Estimate: US$8,750.00 | Current Bid: $7,500.00
Be sure to click on the links above to read more about each coin, and also to see each piece in its certified holder. Again, Internet Auction #886 from David Lawrence Rare Coins closes this weekend on December 13.
