Goldberg Coins and Collectibles



Sale 62

The Pre-Long Beach Coin and Currency Auction


$10.00 Gold
 
 
Lot Photo Description Realized
Lot 2173
1795. 13 leaves Below Eagle. BD-1. NGC graded MS-64. A fantastic, intensely Brilliant Uncirculated example exhibiting a needle-sharp strike on a remarkably clean planchet.

This astonishing (and quite beautiful) early eagle traces to the Freedom Collection sold by the firm of Heritage Auction Galleries. In that sale, a foundation of sorts was laid for the coin's historic significance (from which we quote): "The ten dollar gold pieces, given the name 'eagle,' were the largest gold coins produced by the first U.S. Mint from 1795 through 1804. Like all early gold coins, these pieces did not carry an actual denomination as part of the design. John Dannreuther explains: 'The eagle was the second gold denomination struck by the United States Mint. Calling it a denomination is actually a misnomer. Even though a gold eagle was denominated as a ten-dollar coin, our forefathers traded gold by the tale. [Tale, in this instance, means count or tally, a number of things taken together (i.e., the weight and purity of an individual coin).] The weight and purity were the only things important to merchants and individuals -- money was gold, and gold was money. In most cases, transactions of even a nominal sum had to be settled in gold, especially whenever governments were involved. There really was no need at first for a stated denomination on either gold or silver coins, because it was known that our coins would be under extreme scrutiny and would likely be assayed by foreign mints and others as to their weight and purity.'

"In his new reference, Early U.S. Gold Coin Varieties, Dannreuther provides estimated mintages for every variety, as well as estimates of the number of survivors for each variety. The only thing we know for sure is the number of die marriages known from 1795 through 1804 (32) and the total mintage for that period (132,714 coins including 122 pieces reserved for assay). By using the midpoint of Dannreuther's survival estimates, we can also establish an approximate survival rate for the series of 2.5%."

What a low survival ratio! It is no wonder coins like this are the crème de la crème of numismatics in 21st Century America. BD-1 is considered to be the first variety struck in 1795. "Quite a few examples survive in Mint State grades," explains the Freedom Collection description, "giving collectors a reasonable chance of obtaining a high-quality example of the Small Eagle reverse design. Many of the Mint State pieces have Prooflike fields, much like this coin does. Although the fields are not deeply mirrored, they are clearly reflective. The surfaces are exceptional and almost totally mark-free with only a few scattered abrasions. Faint adjustment marks are evident at the center of the obverse, and also on some of the obverse dentils. All of the design elements on both sides are sharply struck, suggesting to some the possibility that this may have been some type of presentation piece. This example is a relatively early die state of the variety, with faint obverse die cracks but no evidence of any reverse cracks. Despite the existence of several Mint State pieces, this example is one of the best…" and indeed it is, an incredible coin, and a first-class opportunity for the earnest buyer of rare United States gold coinage! Pop 5; 3 finer by a point. (PCGS # 8551) .
Estimated Value $350,000-UP.
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Lot 2174
1797. Small Eagle. BD-1. NGC graded MS-63. In NGC holder 1562003-001. Mostly well struck on a remarkably clean planchet and shimmering with luster. Medium golden-yellow with some faint hairlines seen only under magnification. Only 55-65 known in all grades. With the exception of the 1795 9 leaf, this is the rarest small eagle $10.00 and is a candidate for finest known.

The early Small Eagle $10 gold pieces are some of the most prized acquisitions in all of numismatics. The Small Eagle type is narrowly confined to just three dates but within that range are several intriguing die varieties, and there really is only one date that can be considered available, the 1795.

The Small Eagle ten dollar pieces were struck in 1795, 1796, and 1797, but the mintage was probably produced only from September 1795 until June 1797. The 16 stars on the obverse of the 1797 eagle are arranged 12 and four. LIBERTY is positioned from just to the right of the peak of Liberty's cap to adjacent to the bridge of her nose. The mintage was 3,615, making this date the scarcest of the three Small Eagle years. A single die variety has the obverse with a fine a die break crossing from the rim through the final 7 in the date and upwards into the bust on all known examples. Another die break extends into the field from the rim below the last star on the right.

The present example boasts beautiful rich luster whose vibrancy is barely diminished by the faint hairlines already noted. Beautiful and rare. Pop 1, none finer at NGC (PCGS # 8555) .
Estimated Value $300,000-UP.
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Lot 2175
1799. Small Obverse Stars. . BD-7, Breen-6840, Rarity-3. PCGS Genuine. Our grade is Sharpness of AU, cleaned and expertly repaired. A very acceptable example of this early $10 Capped Bust design, despite hairlines and surface disturbance, the design is fairly well defined on the key features with greenish-yellow golden hues on both sides.

BD-7 is distinguished by its small stars, 17 in date tilted right; on the reverse, the star is away from the beak while star 13 away from the ribbon (PCGS # 98562) .
Estimated Value $5,000 - 5,500.
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Lot 2176
1801. . BD-2, Breen-6843. NGC graded AU-55. Clear details with light toning here and there. Only 44,344 struck. Of the two varieties this year, BD-2 has star 8 near the cap with two points pointing at the cap; star 13 is near the bust but does not tough. The is the most available early Eagle variety. The dies were among the most productive of the Type. Pop 101 (PCGS # 8564) .
Estimated Value $18,000 - 19,000.
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Realized
$17,250
Lot 2177
1839 Head of '38 Large letters. NGC graded AU-53. Popular two-year type coin and only 7,200 minted. A slightly lustrous specimen of the second year of the Liberty Head double eagle. The present piece exhibits normal striking on the stars, but is sharper than typically seen on the hair waves and eagle's plumage; some luster evident within devices, and good eye appeal.

The portrait on this and also the earlier 1838 appears to be shifted forward, at least with the bust tip in relation to the neck, not unlike that found on transitional copper cents of 1839 through early 1843. Later, the orientation of the head was made more centered, and its details modified (reducing the curve of the neck, for instance), and from late 1839 the new style was employed.

As a type within a type the 1838 (in particular) and 1839 eagles are fairly scarce, and when offered they always attract attention.

Following their coinage in 1838, after a lapse from 1804, the eagle would play a key role in American commerce; many newspaper accounts can be found of their use in domestic as well as the import trade. Beginning in 1850 the double eagle displaced the $10 eagle in international transactions. Pop 20; 56 finer.
Estimated Value $5,500 - 6,000.
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Lot 2178
1845-O. NGC graded AU-58. Only 47,500 struck. The 1845-O in this condition is much scarcer than some of the other New Orleans mint dates around it. A well struck example of this O-mint release from the formative years of the Mississippi River region whose main port of New Orleans was a beehive of activity (as it remains today). Well defined devices go together with the still-lustrous surfaces. Sharply struck for the date, in fact, and easily fitting into the AU58 category. Pop 22; 12 finer (PCGS # 8593) .
Estimated Value $6,000 - 6,500.
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Realized
$7,763
Lot 2179
1861. PCGS graded MS-64+. Well struck with nice golden toning. Based on the following PCGS Census Data, we feel confident in describing this gorgeous near-Gem as the second finest known 1862 Eagle available in today's PCGS-certified market. Both sides are satin-frosted in finish with glowing fields that support extra sharp devices. The color is a vibrant, full-gold hue with perhaps a tinge of reddish-gold shading evident at certain angles. There are only a few minute abrasions scattered over the surfaces; nothing obvious or distracting. In addition to historical significance (it was issued the year the North and the South began the engagement that became the Civil War, this gorgeous Liberty Eagle offers unparalleled quality for a challenging issue among early No Motto Liberty $10 gold. Pop 1; 1 finer in 66.

1860-61 was a difficult transition period in America. The "wedges of separation" caused by slavery, and more importantly, the passage of the punitive Morrill Tariff act, split the nation. The crucial point was reached in the presidential election of 1860, in which the Republican candidate, Abraham Lincoln, defeated three opponents, Stephen A. Douglas (Northern Democrat), John C. Breckinridge (Southern Democrat), and John Bell of the Constitutional Union party. Lincoln pledged to support the Morrill Tariff, at gunpoint if necessary, which, as events unfolded, did become necessary. Lincoln's victory was the signal for the secession of South Carolina (Dec. 20, 1860), and that state was followed out of the Union by six other states, Mississippi, Florida, Alabama, Georgia, Louisiana, and Texas.
Estimated Value $25,000 - 30,000.
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Realized
$71,875
Lot 2180
1871-CC. NGC graded AU Details, improperly cleaned. Light golden toning with faint hairlines, our grade is a pleasing EF-45. Only 8.085 coins struck. A very memorable coin for all concerned and certainly one for the specialist. The 1871-CC is quite scarce. Moreover, relatively few higher grade survivors are known from a mintage. It seems the 1871-CC is generally found only in well worn condition, with a low-end VF being the average coin encountered. The surfaces of this piece while cleaned are quite acceptable. The striking details are detailed on both sides, and in fact, show good strength in Liberty's hair waves as well as the eagle's neck feathers and plumage. This CC piece is sure to obtain a strong price and is certain to finally reside in one of the finer collections of Carson City gold (PCGS # 8661) .
Estimated Value $3,000 - 3,300.
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Realized
$2,645
Lot 2181
1875-CC. NGC graded AU-50. Only 7,715 pieces struck. This high quality 1875-CC is in the highest grade class (AU) according to the NGC report and is high Condition Census with regard to the year and mint. Pleasing reddish to warm gold with a trace of luster brightness in the areas protected fromo wear. From a modest mintage for the date of 7,715 pieces, it seems with most 1875-CC survivors from that mintage, the usual grade hovers around VF or so. The Winter-Cutler reference calls this date "one of the rarest Carson City eagles from the standpoint of pieces known and rarity."

Distinguishing features include a date logotype that is nicely and evenly impressed, digit 1 ever so slightly closer to neck truncation than to dentils, digit 5 slightly closer to dentils than to neck; well centered horizontally. Left edge of lower serif of 1 over space between dentils. A small die lump is noted atop the upper right serif of the Y in LIBERTY. Reverse CC mintmark somewhat to right, both letters over the N in TEN. First C placed midway between talons and N, second C mostly under tip of arrow feather, letters nicely spaced. Pop 8; 12 finer (PCGS # 8673) .
Estimated Value $9,500 - 10,000.
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Realized
$13,225
Lot 2182
1880-S. PCGS graded MS-61. Pleasant golden toning (PCGS # 8690) .
Estimated Value $725 - 750.
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Realized
$834
Lot 2183
1881-S. AU-50. Plenty of luster remains.
Estimated Value $600 - 650.
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Realized
$719
Lot 2184
1885. PCGS graded MS-62. Attractive golden toning (PCGS # 8706) .
Estimated Value $800 - 850.
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Realized
$805
Lot 2185
1885. PCGS graded MS-62. Frosty and well struck. Pop 103; 50 finer, 38 in 63, 11 in 64, 1 in 65 (PCGS # 8706) .
Estimated Value $800 - 850.
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Realized
$834
Lot 2186
1885-S. NGC graded MS-62. Nice original golden toning over frosty luster. A well struck Liberty ten (PCGS # 8707) .
Estimated Value $800 - 850.
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Realized
$949
Lot 2187
1885-S. PCGS graded MS-61. Lovely golden toning with frosty luster (PCGS # 8707) .
Estimated Value $725 - 750.
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Realized
$834
Lot 2188
1885-S. PCGS graded AU-55 PQ. Housed in an Old Green Holder. Light gold toning. Typical high quality strike for this S-mint ten from the year 1885. San Francisco mint's consistent high quality is noteworthy (PCGS # 8707) .
Estimated Value $675 - 700.
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Realized
$891
Lot 2189
1886-S. PCGS graded MS-62+. Well struck and delicately toned. A frosty example (PCGS # 8709) .
Estimated Value $900 - 950.
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Realized
$1,006
Lot 2190
1894. NGC graded MS-61. Frosty (PCGS # 8729) .
Estimated Value $725 - 750.
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Lot 2191
1898. NGC graded Proof 65 Ultra Cameo. Only 67 proofs struck. A fully untoned gem. First and foremost, few other Proof 1898 tens has been awarded this grade by NGC, a distinction for this design Type, this piece stands securely within the Gem class, a favored position. That said, the coin also answers the call to quality, being implicitly miles ahead of "average quality" and, in some ways, many ways, approaches perfection. The portrait and eagle are well frosted, as are the stars, numerals, tops of the letters, etc., all against a reflective Proof field that has the familiar "orange peel" texture. Something we feel will be a hit among the foremost connoisseurs in the hobby, carefully considering many coins, but selecting relatively few, of which this will be one.

Some have asked us where the term "orange peel" arises. After the dies are hubbed and the date is applied, the die for Proofs is given multiple polishes with increasingly finer and finer polish. The last polish given to the dies prior to being hardened imparts a surface quite like a mirror. This is the deepest mirror attainable on the dies. When the die is hardened, the metal shrinks to some extent creating a wavy effect on the polished surface. It looks somewhat like the skin of an orange. When you see orange peel on a Proof issue you can be sure that it is one of the earliest examples struck from those dies. Later polishing to the already hardened dies will produce a flatter and shallower mirror. Pop 3; 16 finer (PCGS # 98838) .
Estimated Value $30,000 - 32,000.
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Realized
$33,350
Lot 2192
1900. NGC graded MS-65. Well struck, frosty and pinkish color gold. A pleasant gem example swooning with vibrant gold frost. No more than the luster comes a desirable strike. This 1900 twenty is struck with scientific exactness throughout the head and stars, the reverse legends and eagle. Classic 19th century motifs before modernist designs took hold and changed the look of America's coins (PCGS # 8745) .
Estimated Value $3,200 - 3,300.
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Realized
$4,255
Lot 2193
1901-S. PCGS graded MS-66. Nice even light gold toning. A magnificent coin that is sure to satisfy the most critical buyer as it is among the finest known of this grade and date. Booming pinkish to greenish-gold luster throughout with satiny fields, impeccable surfaces, and eye-popping beauty. What's more, everything is sharply struck by the dies, with no weakness, significant or otherwise seen. The kind of surface quality this coin offers is usually seen on a few MS70 modern gold Eagles, perhaps, but rarely encountered on an early 20th century business strike Ten. This particular coin is a coin any numismatist will long enjoy simply staring at the wonderful surfaces. Such quality is rarely heard from and always exciting to see. A foremost opportunity for the connoisseur who demands a gorgeous Liberty eagle. Pop 163; 3 finer (PCGS # 8749) .
Estimated Value $5,000 - 5,500.
The Wayne Fowler Estate.

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Realized
$6,440
Lot 2194
1901-S. PCGS graded MS-64+. Well struck with lovely rich eye-appealing golden toning on both sides. A lovely Premium Quality example in PCGS's new Secure Plus holder (PCGS # 8749) .
Estimated Value $1,800 - 1,900.
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Realized
$2,415
Lot 2195
1901-S. PCGS graded MS-64+. Nice light even gold toning and boldly struck, with vibrant swirling luster that 01-S (and 02-S) Eagles are famous for (PCGS # 8749) .
Estimated Value $1,800 - 1,900.
The Dr. Charles Richman Collection.

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Realized
$2,415
Lot 2196
1901-S. PCGS graded MS-63+. Lovely rich golden toning over gleaming fields and devices (PCGS # 8749) .
Estimated Value $1,200 - 1,250.
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Realized
$1,380
Lot 2197
  1906-D. Sharpness of Extremely Fine. Cleaned years ago, first year issue for the Denver Mint.
Estimated Value $575 - 600.
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Realized
$661
Lot 2198
1906-S. NGC graded MS-62 PQ. Nice natural golden toning on both sides; bright and frosty (PCGS # 8762) .
Estimated Value $800 - 850.
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Realized
$891
Lot 2199
1907. No periods. NGC graded MS-63 PQ. A lovely satiny choice specimen glittering with mint luster. A Premium Quality example for the grade. The motto IN GOD WE TRUST was purposely absent on the first issues of the new Indian $10 gold, at the request of President Theodore Roosevelt. After negative comments from publicists, Congress restored the motto in later years (1908-33) (PCGS # 8852) .
Estimated Value $2,400 - 2,500.
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Realized
$3,450
Lot 2200
1910. PCGS graded MS-62+. Light even toning with pleasing surface throughout (PCGS # 8865) .
Estimated Value $950 - 1,000.
The Dr. Charles Richman Collection.

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$1,265
Lot 2201
1910-D. PCGS graded MS-62. Light gold toning (PCGS # 8866) .
Estimated Value $900 - 950.
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Realized
$978
Lot 2202
1910-D. NGC graded MS-61. A hint of light golden tone (PCGS # 8866) .
Estimated Value $700 - 750.
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Realized
$834
Lot 2203
1912. NGC graded MS-65. Rich golden toning. For those who aren't familiar with the growth of America's state-system, 1912 is the first year of issue in which the edge of the coin contains 48 raised stars. Previous issues had 46 stars on the edge. The additional stars are meant to honor the next two states in the U.S. at the time: Arizona and New Mexico. While 1912 is not a rare issue per se, it is scarce in Gem as the population figures indicate. This fine looking specimen has frosty luster with vivid honey-gold surfaces; no notable marks of any kind. Something for the collector with an eye for beauty! Pop 62; 17 finer (PCGS # 8871) .
Estimated Value $2,800 - 3,000.
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Realized
$7,475
Lot 2204
1913. NGC graded MS-65. Lovely golden toning. A surprisingly delightful coin to see in Gem Mint State, despite a relatively large mintage is always a treat for us to offer one in MS65 condition. This example is quite satiny and well struck, with a pleasing bright velvet-textured sheen to the luster and lovely light golden color. The carefully preserved surfaces are surprisingly clean for the grade and, in fact, this is one of fewer than one hundred specimens so certified by NGC. The beauty of the present offering to the advanced Indian Ten gold collector requires no further elaboration. Pop 83; 12 finer in 66 (PCGS # 8873) .
Estimated Value $2,800 - 3,000.
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Realized
$7,188
Lot 2205
1913. AU-50.
Estimated Value $650 - 700.
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Realized
$719
Lot 2206
1915. PCGS graded MS-64 PQ. Well struck with lovely golden toning. Very choice for the grade. Strong metal flow augments the already showy velvet-textured luster that covers the surfaces of this handsome 1915 Indian Ten, giving the coin a brand new, glowing appearance. The swirling mint brilliance is only intruded on by a veil of patina. A rounded impression is the rule for some $10 Indians imprinted by the stamp of the dies that struck this Type; we are happy to say that the present example is a grand exception to that rule in being very sharp throughout including centers (PCGS # 8878) .
Estimated Value $2,600 - 2,700.
The William Pannier Estate.

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Realized
$4,140
Lot 2207
1926. PCGS graded MS-64+ In a Secure Plus holder. A stunning example with rich mint bloom colors throughout. A Premium Quality coin that deserves to be a full MS-65 grade. Pop 29 in plus grade.
Estimated Value $2,400 - 2,500.
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Realized
$2,300
Lot 2208
1926. PCGS graded MS-63. A nice frosty coin (PCGS # 8882) .
Estimated Value $1,050 - 1,100.
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Realized
$1,121
Lot 2209
1932. PCGS graded MS-64+ In a Secure Plus holder. Well struck with lovely mint bloom colors. A Premium Quality coin that should grade a full MS-65. Pop 45 in plus grade (PCGS # 8884) .
Estimated Value $2,400 - 2,500.
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Lot 2210
1932. PCGS graded MS-63 PQ. Nice light gold toning with the premium quality appearance the brings out the bidders' check books (PCGS # 8884) .
Estimated Value $1,100 - 1,200.
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Realized
$1,150
Lot 2211
1932. PCGS graded MS-63 PQ. Housed in an Old Green Holder. Rich golden colors, sleek frosty luster (PCGS # 8884) .
Estimated Value $1,100 - 1,200.
The Wayne Fowler Estate.

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$1,208
Lot 2212
1932. NGC graded MS-63. Delicate golden toning, choice with frosty luster (PCGS # 8884) .
Estimated Value $1,050 - 1,100.
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Realized
$1,121
Lot 2213
1932. AU-58. Faint hairlines from an old cleaning.
Estimated Value $625 - 650.
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Realized
$719






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