Goldberg Coins and Collectibles



Sale 80

June Pre Long Beach Sale


$5 Indian
 
 
Lot Photo Description Realized
Lot 1872
1908. PCGS graded MS-62. Attractive light golden toning. A first-year issue that has sharp detail, and one whose luster is frosty (PCGS # 8510) .
Estimated Value $550 - 600.
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Realized
$823
Lot 1873
1909-D. NGC graded Mint Error MS-63. Obverse struck thru at topmost war bonnet feather. Frosty (PCGS # 8514) .
Estimated Value $1,500 - 1,550.
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Unsold
Lot 1874
1909-D. NGC graded MS-61. Mostly untoned (PCGS # 8514) .
Estimated Value $425 - 450.
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Realized
$470
Lot 1875
1912. PCGS graded MS-63. Light golden toning. With this issue (1908-29) American numismatics had a coin designer who broke with tradition in an overt way. What Bela Lyon Pratt did was to recess the design below the surface of the coin. Forget the fact that his Half Eagles and Quarter Eagles were far more aesthetically challenging than the long-running and tried-and-true Liberty heads they replaced. The design was innovative. The results are popular with collectors to this day. Much more so than they were when issued (PCGS # 8523) .
Estimated Value $850 - 900.
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Realized
$1,146
Lot 1876
1913. PCGS graded MS-63. Lovely golden toning (PCGS # 8525) .
Estimated Value $850 - 900.
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Realized
$1,087
Lot 1877
1913. PCGS graded MS-63. Nicely toned (PCGS # 8525) .
Estimated Value $850 - 900.
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Realized
$1,175
Lot 1878
1913. PCGS graded MS-63. Nice golden toning over lustrous surfaces. A boldly original example (PCGS # 8525) .
Estimated Value $850 - 900.
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$1,116
Lot 1879
1913. PCGS graded MS-62+. CAC Approved. Nice rich golden toning, lustrous and finely detailed (PCGS # 8525) .
Estimated Value $800 - 825.
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Realized
$734
Lot 1880
1914-D. PCGS graded MS-63. Rich golden toning. Frosty on both sides and well impressed by the dies. A very choice Denver Mint example. Housed in an Old Green Holder (PCGS # 8528) .
Estimated Value $1,900 - 2,000.
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$2,468
Lot 1881
1915. PCGS graded MS-62. CAC Approved. Light toning. A frosty example. Indian $5 production was hit or miss after 1915. Mainly miss. Except 1916-S and 1929, the final dates in the brief Indian Head series (PCGS # 8530) .
Estimated Value $550 - 575.
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$764
Lot 1882
1929 NGC graded Unc Details. Improperly cleaned. Well struck. A popular key date. We feel this coin should be graded MS-60+. During 1929, the Philadelphia Mint produced Quarter Eagles, Half Eagles, and Double Eagles, but no Eagles, while the branch mints were left out of the picture on the subject of gold coins, none were struck at Denver or San Francisco. It appears that the Quarter Eagle of 1929 is the only common issue with general availability, while Half Eagles and Double Eagles are both rare and hard to pin down. For collectors of Indian Half Eagles, examples in lower end Mint condition are offered from time to time like this well struck, lustrous example, but finer Gem quality pieces are mostly unobtainable.

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 reserve for the US public against bank deposits and Gold Certificate notes, and recast them into "coin gold" ingots of 90% fineness. The bars went to the newly constructed Fort Knox in Kentucky. Few collectors of the day realized the consequence of this seizure and so few retained any 1929 Half Eagles for their collections (PCGS # 8533) .
Estimated Value $25,000-UP.
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Realized
$31,725






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