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Heritage Auctions: $38+ Million Sold in U.S. & World Coins, Currency at ANA

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Heritage’s sell-through rate exceeds 95% across the board at World’s Fair of Money auctions Aug. 9-13

Heritage Auctions sold more than $38 million worth of U.S., World & Ancient Coins and Currency at auction at the American Numismatic Association’s (ANA) World’s Fair of Money, August 9-13 in Anaheim, California. Sell-through rates exceed 95 percent across the board, with U.S. Coins seeing a startling 98.7 percent lots sold; 92 percent of all World & Ancient Coins sold; while Currency sales were 94 percent sold by value.

1792 P1C Birch Cent, Judd-5, Pollock-6, R.8 MS61. Image courtesy Heritage Auctions“Heritage’s ANA auctions saw an incredibly active bidder participation rate,” said Jim Halperin, Co-chairman of Heritage Auctions. “$38 million in sales includes two world records and a total sell through rate of over 95 percent sold by value and 97.6 percent sold by lot.”

Left: 1792 P1C Birch Cent, Judd-5, Pollock-6. Image courtesy Heritage Auctions

U.S. coins dominated the week with more than US$27,106,752 in total sales and more than 6,520 bidders participating. Top lots include the 1792 P1C Birch Cent, Judd-5, Pollock-6, R.8 MS61, for $517,000, which garnered headlines around the world. A 1880 $4 Flowing Hair, Judd-1657, Pollock-1857, R.6, PR65 NGC, ended at $352,500 and a 1792 P1C One Cent, Judd-1, Pollock-1, High R.6, SP35 PCGS Secure cleared $352,500.

A total of 17 lots brought six-figure selling prices.

World & Ancient Coins realized $9,217,626 in total sales, as a Great Britain William & Mary gold “Elephant & Castle” 5 Guineas 1692, MS63 PCGS, chased by six bidders, sold for $258,500.

Two world records were set during Heritages’ World Coins auctions: One of seven known 1933 George V pennies set a world record for a coin of its type when a British phone bidder bested two American floor bidders with a $193,875 bid. The auction price nearly doubled the previous world record for a 1933 George V penny. A 1732 Mexican Philip V 8 Reales, considered America’s first milled “silver dollar,” set the week’s second world record when it ended at $152,750.

Ancient coins performed well as a Jewish War Year 5 Shekel, found at Masada, sold for $211,500 and a superb specimen of a Ptolemy I Soter gold stater, as founding king of Ptolemaic Egypt (305-282 BCE), brought $94,000.

The August 11 Currency auction saw $1,817,050 in total sales. Three top lots included a classic $5,000 1934 Federal Reserve Note PMG Choice Uncirculated 64, which sold for $152,750; a $10,000 1934 Federal Reserve Note PMG About Uncirculated 55 brought $129,250. A rare, $50 1864 Compound Interest Treasury Note PMG Very Fine 30 Net – a discovery note – ended at $129,250.

“We always schedule special pieces for these annual auctions, and bidders responded,” Halperin said.

Heritage Auctions
Heritage Auctionshttps://www.ha.com/
Heritage Auction Galleries is one of the world's largest collectibles auctioneers. Besides offering rare and valuable U.S. and world coins and currency, Heritage offers ancient coins, exonumia, antiques, comic books, sports memorabilia, and many other collectibles. The firm is based in Dallas, Texas.

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