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Sale 32
Pre-Long Beach Coin and Currency Auction
| Lot |
Photo |
Description |
Realized |
Lot 2387 |
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1907 $2.50 Liberty. MS-60 Plus. Well struck and delicately toned.
Estimated Value $300 - 400.
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| Realized
$403 |
Lot 2388 |
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A trio of Liberty Quarter Eagles. Consists of: 1851, 1893, 1897. Coins grade Very Fine to Extremely Fine. Lot of 3 coins.
Estimated Value $350 - 400.
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| Realized
$489 |
Lot 2389 |
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1856-S $2.50 Liberty. Coins grade Fine to Very Fine. Lot of 3 coins.
Estimated Value $375 - 425.
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| Realized
$489 |
Lot 2390 |
 |
1909 $2.50 Indian. PCGS graded MS-63. Lovely rich golden toning. A frosty example that is scarce in choice grades (PCGS # 7940) .
Estimated Value $1,600 - 1,700.
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| Realized
$1,783 |
Lot 2391 |
 |
1910 $2.50 Indian. NGC graded MS-65. A frosty gem. Lustrous satiny golden surfaces with this degree of perfection are nearly impossible to find on the Indian $2.50 gold series. Nearly full ruffled front and headdress details on the sharp-featured Indian. A truly beautiful gem specimen of a popular Philadelphia mint issue from our Gold Standard days when actual circulating gold coins kept the banks and the government on a short leash, allowing them little leeway when inflating the money supply. NGC reports 82 at this level with 6 in MS-66 as finest graded (PCGS # 7941) .
To give readers an idea of just how much money $2.50 in gold was back in 1910, we can point to the Ford Motor Company, America's biggest corporation in terms of labor force. At the time, the average assembly line worker received $2.43 per day in wages. And that was for a 10-hour workday.
Four years after this Indian quarter eagle was struck, Ford created a furor in labor-management circles when, in 1914, he unilaterally raised his worker's pay to $5 a day and reduced the hours to 8 hours per day! Now who among you can afford to put aside a full days' labor into a single for-circulation coin? And remember, this was 1910, at a time when coin collecting, and the prospects for a rise in the value of such coins, was nil?
Ford figured that a well-paid workforce would become his best car buyers, which turned out to be true. (By 1924, the price of a new Ford Model-T was $290.00.).
Estimated Value $7,000 - 8,000.
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| Realized
$8,338 |
Lot 2392 |
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1910 $2.50 Indian. PCGS graded MS-64. A simply marvelous little coin exhibiting rich reddish-golden sunset toning on both sides. In an old green label holder. Pop 250, 60 in 65, 6 in 66 (PCGS # 7941) .
Estimated Value $2,500 - 2,700.
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| Realized
$3,738 |
Lot 2393 |
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1910 $2.50 Indian. NGC graded MS-64. Color is mostly orange-gold in shade, but flickers of copper tinted iridescence can be found (PCGS # 7941) .
Estimated Value $2,250 - 2,500.
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| Realized
$3,565 |
Lot 2394 |
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1911 $2.50 Indian. PCGS graded MS-64 PQ. An excellent strike, quite lustrous and with a bit of pale orange tone. Pop 399 with 50 in 65 and 1 in 66 (PCGS # 7942) .
Estimated Value $3,000 - 4,000.
The West Coast Collection.
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| Realized
$2,875 |
Lot 2395 |
 |
1911-D $2.50 Indian. NGC graded AU-55. Popular key date. Lightly toned. It so happens that only the $20 issues struck at Denver this year are at all common. The $2.50, $5, and $10 denominations each have extremely low production figures, with this quarter eagle being the most famous of its Type at 55,680 mintage (PCGS # 7943) .
Estimated Value $3,700 - 4,000.
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| Realized
$4,140 |
Lot 2396 |
 |
1913 $2.50 Indian. PCGS graded MS-62. Lightly toned. A nice flow of golden frost from center to periphery (PCGS # 7945) .
Estimated Value $425 - 475.
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| Realized
$776 |
Lot 2397 |
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1914 $2.50 Indian. PCGS graded MS-64. A very scarce date in high grade. Sharply struck with complete original mint luster covered with most attractive orange toning. Pop 213 with 41 in 65 and 2 in 66 (PCGS # 7946) .
Estimated Value $7,000 - 8,000.
The West Coast Collection.
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| Realized
$8,913 |
Lot 2398 |
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1915 $2.50 Indian. NGC graded MS-64. Well struck with smooth, velvety luster and rich orange-gold shades of a well cared-for Indian quarter eagle. Scarce this choice (PCGS # 7948) .
Estimated Value $2,250 - 2,500.
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| Realized
$2,300 |
Lot 2399 |
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1927 $2.50 Indian. PCGS graded MS-63. Lightly toned (PCGS # 7951) .
Estimated Value $800 - 850.
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| Realized
$1,208 |
Lot 2400 |
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1928 $2.50 Indian. PCGS graded MS-64 PQ. A choice fresh original specimen, well struck and with handsome pale orange toning (PCGS # 7952) .
Estimated Value $1,800 - 2,200.
The West Coast Collection.
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| Realized
$1,495 |
Lot 2401 |
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1929 $2.50 Indian. PCGS graded MS-64. Another choice original specimen, well struck with great luster and overalyed in attractive orange toning. Just a few tiny marks from MS-65 (PCGS # 7953) .
Estimated Value $1,700 - 1,900.
The West Coast Collection.
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| Realized
$1,553 |
Lot 2402 |
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1908 $2.50 Indian. Consists of: 1908, 1910, 1911 (2), 1912, 1914-D, 1926. Coins grade Very Fine to Extremely Fine. Lot of 7 coins.
Estimated Value $750 - 800.
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| Realized
$1,064 |
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