Goldberg Coins and Collectibles



Sale 70

The September 2-5, 2012


$5.00 Gold
 
 
Lot Photo Description Realized
Lot 2110
1909-D. PCGS graded MS-63. CAC Approved PQ. Lovely golden toning (PCGS # 8514) .
Estimated Value $1,100 - 1,200.
The Stocker Estate.

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Lot 2111
1909-D. PCGS graded MS-63. CAC Approved (PCGS # 8514) .
Estimated Value $1,100 - 1,200.
The Stocker Estate.

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Lot 2112
1909-O. ICG graded MS-61. Rare date (PCGS # 8515) .
Estimated Value $20,000 - 22,000.
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Lot 2113
1909-O. NGC graded AU-58. CAC Approved PQ. Lovely golden toning. Very rare date. Only 34,200 minted of which merely 1,416 examples are estimated to have survived. As the only Indian Head half eagle struck at the New Orleans Mint, the 1909 issue plays an important role for gold specialists and type collectors alike. The low mintage suggests it is scarcely enough to meet the demand of the current coin market. An example in any grade is scarce and only several gem specimens have ever been located. One of the classic issues from 20th century U.S. gold! The present example will certainly please anyone seeking this tough date. The details of the incused areas are sharp, as excepted, and even the top part of the wing is well-defined. The mintmark is full and completely visible. A frosty appearance with only a few scattered ticks here and there, and light signs of circulation, mostly on the cheek (PCGS # 8515) .
Estimated Value $12,000 - 13,000.
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Realized
$21,850
Lot 2114
1911-S. ICG graded MS-63. Frosty and untoned. The 1911-S boasts the highest mintage (1.4 million pieces) in the Indian Half Eagle series after only the 1909-D. However, the '09-D issue is relatively easy to obtain in Mint State (at least through the MS-63 level), the 1911-S is scarce even at the BU level. As a certified MS63, the '11-S is definitely desirable with such coins easily catching the attention of collectors.

The S mintmark is suitably bold and clearly discernible, as are the other features, and there are few abrasions. A desirable Mint State S-mint issue among 20th century U.S. gold (PCGS # 8522) .
Estimated Value $2,500 - 2,700.
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Lot 2115
1913-S. NGC graded AU-55. Lightly toned (PCGS # 8526) .
Estimated Value $450 - 500.
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Realized
$529
Lot 2116
1914-S. PCGS graded MS-61. CAC Approved. Lovely golden toning. Scarce date in Mint State. Only 3,750 examples are estimated to have survived (PCGS # 8529) .
Estimated Value $2,000 - 2,100.
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Lot 2117
1914-S. NGC graded MS-61. CAC Approved PQ. Housed in an Old Holder. Original toning, natural frosty luster still in evidence (PCGS # 8529) .
Estimated Value $2,000 - 2,100.
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Realized
$3,335
Lot 2118
1929. NGC graded MS-63. CAC Approved. Key date. Lovely reverse toning. A frosty, well struck example. Housed in an Old Holder. During this historic year, the Philadelphia Mint produced quarter eagles, half eagles, and double eagle gold coins while the branch mints were quiet on the subject of gold coins. The quarter eagle is a common issue. The half eagle and double eagle issues are both rare and elusive. For collectors of Indian half eagles, examples at the MS63 grade level can be found from time to time, and everyone appreciates it when an appealing specimen in this grade is offered for sale. This representative has highly lustrous and frosty yellow-gold surfaces with traces of light orange to rose-gold toning for the reverse. A few faint surface abrasions on each side control the grade of this piece. All the same, it retains the eye appeal of a higher grade. Pop 49; 86 finer (PCGS # 8533) .

Historic note: The 1929 Half Eagle is a perfect example where the original mintage is a misleading indicator of how truly scarce the coin is. Mintage was listed as 662,000; however, the great bulk of these must have stayed with the Treasury or been locked in bank vaults, as only a few hundred remain. Most are believed to have been melted in 1934 and later years after the government "nationalized" (seized) the gold coins held in trust for the American public and recast them into gold ingots. Few collectors of the day realized the consequence of this seizure and so few retained any 1929 Half Eagles for their collections.
Estimated Value $36,000 - 38,000.
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Realized
$51,750



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