Gold was the story in California as Heritage’s December 13-14 Beverly Hills Signature Auction raised in excess of $6.5 million for its consignors. Post Auction sales continue and may add further to this total. All prices realized include a 20% Buyer’s Premium.

The six highest valued coins in the auction were all gold rarities, led by an example of the 1907 Wire Rim eagle, graded MS66 by PCGS, which realized $105,000. Fewer than 600 examples of this first year issue were struck, and the coin can easily be distinguished from the far more common 1907 eagle by the presence of periods before and after the reverse legend and denomination.

The 1899 proof quarter eagle is certainly a low mintage coin with 150 examples struck, but the mintage is fairly typical for proof quarter eagles minted in that timeframe. What makes the example we offered in Beverly Hills so special is the grade – Proof 69 Ultra Cameo, as assigned by NGC. This is one of a mere eleven coins at the major grading services combined in the entire Liberty Quarter Eagle series to merit such a grade, a single step from the perfect grade of 70. This example sold for $90,000.

A 1795 half eagle with the small eagle reverse represents a relatively common variety in a rare and very popular early US coin type. The example at auction in Beverly Hills is graded AU58+, as close as a coin can get to a Mint State grade without attaining one. As such, it represents an excellent opportunity for type collectors, one of whom purchased the coin for $60,000.

A few of the additional highlights of this auction included:

Our next US coin signature auction is already open for bidding at coins.HA.com.
 

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