Goldberg Coins and Collectibles

Sale 91

June 2016 Pre-Long Beach

Midwestern Family Collection - $5 Indian

Lot	Photo	Description	Realized
Lot 1584		1908 $5 Indian PCGS MS61. PCGS graded MS-61. Light golden toning and the first year of issue of this popular series (PCGS # 8510) Estimated Value $400 - 425 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $517
Lot 1585		1908-D $5 Indian PCGS MS62. PCGS graded MS-62 PQ. CAC Approved. Lovely golden toning and a scarce date with a mintage of only 148,000 pieces. Most of these, of course, were melted long ago (PCGS # 8511) Estimated Value $600 - 650 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $940
Lot 1586		1908-S $5 Indian PCGS MS62. PCGS graded MS-62. Light golden toning and well struck. Scarce date in all grades as the mintage came in at a scant 82,000 pieces. Thankfully enough survived that most collectors can obtain a specimen of this desirable issue (PCGS # 8512) Estimated Value $3,000 - 3,300 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $6,463
Lot 1587		1909 $5 Indian PCGS MS64. PCGS graded MS-64 PQ. CAC Approved. Rich golden toning and a handsome near-gem example of this date and mint. While not particuarly rare, any Indian half eagle is scarce in gem condition, and tough to find in MS64 as seen here (PCGS # 8513) Estimated Value $1,500 - 1,600 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $2,468
Lot 1588		1909-D $5 Indian PCGS MS62. PCGS graded MS-62. Nice golden toning and a plentiful issue (PCGS # 8514) Estimated Value $400 - 425 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $911
Lot 1589		1909-O $5 Indian PCGS MS65. PCGS graded MS-65 PQ. CAC Approved. Only 34,200 minted of which merely 1,416 examples are estimated to have survived by CoinFacts, this number likely generous as that represents nearly five percent of the original mintage. The vast majority were melted long ago, and clearly not many were saved at the time of issue. Mint State pieces are few and far between among those known, and gems are exceptionally rare. In point of fact, this coin is tied with one other as the second finest available to collectore, the finest being the Eliasberg-Price-O'Neal example at PCGS MS-66 crowned "The Coin" by David Akers. That slightly finer example commanded $646,250 the last time it sold in 2014. There is one that could grade MS-65+ held in the Smithsonian which is permanently off the market, and next in line comes this example and the Duckor coin as solid gems. NGC has graded two coins as high as MS-65 of this date but it is not known if these are different examples or not from those noted in the PCGS Population Report. Frosty and boldly struck with coruscating luster throughout. Sharp struck mint mark. A wonderful key date that represents the final year of production for the New Orleans Mint, and one of the most coveted gold issues from this era. There simply was not enough gold flowing into the New Oleans area, or silver for that matter, to warrant keeping this branch mint open. As a matter of economy and redundancy, the determination was made to shutter the New Orleans Mint at least for that time, which has since become a permanent situation. Hence, this is one of the last coins struck at this historic mint, and one of the most sought after of the Indian half eagle series. Pop 2; 1 finer in 66 (PCGS # 8515) Estimated Value $350,000 - 400,000 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $517,000
Lot 1590		1909-S $5 Indian PCGS MS63. PCGS graded MS-63. Well struck with lovely golden toning. Although this date and mint appears to have a sufficient mintage of 297,200 pieces, nearly all those that survived are circulated. Only a few dozen merit the grade of MS-63 or finer which keeps prices for examples like this strong, as quality is in high demand for any 1909-S half eagle. Pop 29; 22 finer (PCGS # 8516) Estimated Value $7,000 - 8,000 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $12,925
Lot 1591		1910 $5 Indian PCGS MS63. PCGS graded MS-63 PQ. CAC Approved. Rich golden toning and especially handsome for the grade assigned (PCGS # 8517) Estimated Value $850 - 900 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $2,233
Lot 1592		1910-D $5 Indian PCGS MS65. PCGS graded MS-65 PQ CAC Approved Gold Sticker. Well struck with lovely rich golden toning. A coin that should be regraded. At present, PCGS has graded a scant 5 examples as MS-66 or finer of this date and this coin clearly should be elevated to that lofty position as MS-66 or finer. The surfaces are alive with mint luster and show virtually no signs of bag handling. The strike is bold for this scrace date. Only 193,600 pieces were struck and this is one of the finest known today. With the splendid orange-gold color throughout, the total originality of this majectic piece is beyond question. An absolutely amazing coin and destined for one of the finest collections of this series. It is important here to note what an unusual coin this is to have earned a Gold CAC sticker. For the entire Indian half eagle series, a total of 12 coins have been awarded a Gold CAC sticker, each of these after careful consideration of being undergraded by a full grade point. As CAC does not recognize the "+" grade that implies they believe the current coin to be at least MS-66. As the finest seen of this date is MS-67, this coin becomes one of the top half dozen known. Furthermore, of the 12 gold stickers issued by CAC on this particular series (for both PCGS and NGC coins) all them fall into the grade category of AU-55 to MS-62 where an additional grade point is not always that important to achieve. On this incredible condition rarity, a single grade point means a tremendous amount of value and a huge notch up into the Condition Census for this prized issue. Pop 7; 6 finer (PCGS # 8518) Estimated Value $20,000 - 25,000 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $43,475
Lot 1593		1910-S $5 Indian PCGS MS65. PCGS graded MS-65+PQ. CAC Approved. Here is a majestic gem of this prized date and mint, which is frosty and untoned. This great coin has it all, and offers not only incredible condition, but incredible rarity as well. Alone at this lofty grade of MS-65 and topped only by a single coin which is graded MS-66 by PCGS, making this piece likely the second finest 1910-S half eagle to exist. The mint bloom is breathtaking and the surfaces are amazing to behold. They are so well preserved, and free of handling issues that normally plague even common dates in gem condition--not so here, all is fresh, vibrant and attractive. Survivors of this San Francisco issue are downright scarce, especially with any decent grade to them, the only sort of available grade for most collectors is MS-62, and those still require quite a premium to acquire. Most of the known survivors fall into the high AU grades or top out at MS-61 for the 1910-S half eagle. If you want a high end gem, and one with CAC approval, this is the only, and finest, coin to buy. Pop 1; 1 finer in 66 (PCGS # 8519) Estimated Value $50,000-UP Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $123,375
Lot 1594		1911 $5 Indian PCGS MS63. PCGS graded MS-63 PQ. CAC Approved. Rich golden toning with pleasing surfaces and classic mint color throughout. A handsome coin in every regard (PCGS # 8520) Estimated Value $900 - 950 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $1,880
Lot 1595		1911-D $5 Indian PCGS MS64. PCGS graded MS-64+. CAC Approved. Well struck and frosty. Only 72,500 minted of which merely 2,166 examples are estimated to have survived, and nearly 90 percent of those survivors are in circulated grades. While the mintage of this date and mint was certainly low when compared with other dates and mints, its what happened to the coins that varies. For unknown reasons virtually all of the 1911-D half eagles entered circulation, and most stayed there for a time. Naturally the majority of those struck were melted down in the gold coin call in of 1933, and subsequently melted by the authorities. Thus for collectors, finding any example of this date and mint in Mint State requires patience and wherewithal. Today, this historic offering has come out of the woodwork so to speak, from a collection that was put together long ago by a most astute numismatist. Today this coin--which has been off the market for two or more generations--is considered the third finest of the date as certified by PCGS. NGC has two others that grade MS-65, but none finer at that grading service. In point of fact, of the PCGS coins reported, only the famous O'Neal coin and Simpson coin are considered marginally finer. While the Denver Mint produced three scarce gold coins in 1911, the Indian quarter eagle is the most famous as it is the only real standout rarity of the Indian quarter eagle series, and the well known key to that set. The Indian eagle is also scarce in its own right, while the Saint-Gaudens double eagle is downright common for this year. The Indian half eagle would seem to be plentiful enough given the number produced but this is only true in circulated grades. Even in low end Mint State grades this is a tough date to find. The 1911-D half eagle is known for below average luster and often is found with abraded surfaces, limiting the grade and of course, the eye appeal. Hence, this gorgeous, high end coin on the cusp of the gem level comes highly recommended! Make sure to view is stunning charms before the auction and bid accordingly if you expect to capture this prize. Pop 1; 2 finer, 1 in 65, 1 in 65+ (PCGS # 8521) Estimated Value $50,000-UP Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $152,750
Lot 1596		1911-S $5 Indian. Cleaning. Lovely golden toning. Still a nice looking coin with attractive surfaces overall (PCGS # 8522) Estimated Value $1,800 - 2,000 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $1,528
Lot 1597		1912 $5 Indian PCGS MS62. PCGS graded MS-62. CAC Approved. Nice golden toning (PCGS # 8523) Estimated Value $400 - 425 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $646
Lot 1598		1912-S $5 Indian PCGS MS63. PCGS graded MS-63 PQ. CAC Approved. Very frosty with outstanding surfaces for the choice grade assigned and tough date and mint to find this nice. For some reason these early mintmarked half eagles seem to have suffered a similar fate. Depsite a generous mintage, less than one percent survived at all, and of the few thousand that did survive only a modest number qualify in Mint State condition. Naturally the majorty of mint state coins are in lower grades, with the numbers seen in Choice including this coin coming in at a low tally of 15 pieces. Finer pieces are downright rare, numbering 20 in MS-64 with just a single coin in MS-65 at the top of the PCGS Population Report. This particular San Francisco issue is known for its weakly struck mintmark and generally inferior strikes, which combine to make this date so diffucult to find in choice grades or finer. If you have been looking for a highly appealing and attractive 1912-S half eagle, then bid high in order to capture this stellar representative of this date. Pop 15; 21 finer, 20 in 64, 1 in 65 (PCGS # 8524) Estimated Value $10,000 - 11,000 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $16,450
Lot 1599		1913 $5 Indian PCGS MS64. PCGS graded MS-64. CAC Approved. Rich golden toning with pleasing surfaces and vibrant luster. Pop 603; 95 finer (PCGS # 8525) Estimated Value $1,600 - 1,700 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $2,585
Lot 1600		1913-S $5 Indian PCGS AU58. PCGS graded AU-58 PQ. CAC Approved. Lightly toned. Very close to Mint State and offering all the appeal a collector could hope to find (PCGS # 8526) Estimated Value $600 - 700 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $1,351
Lot 1601		1914 $5 Indian PCGS MS61. PCGS graded MS-61. Nicely toned and handsome, a classic from this old time collection (PCGS # 8527) Estimated Value $450 - 500 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $494
Lot 1602		1914-D $5 Indian PCGS MS62. PCGS graded MS-62 PQ. CAC Approved. Rich golden toning on this popular date and mint (PCGS # 8528) Estimated Value $700 - 750 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $1,351
Lot 1603		1914-S $5 Indian PCGS MS65. PCGS graded MS-65 PQ. CAC Approved. This coin is tied with the famous Dr. Steven Duckor example that is now in the Simpson Collection. Although the mintage of 263,000 pieces implies likely availability, this is true only up to the MS-62 grade range. And most of these lower end mint state coins offer subdued luster and abraded surfaces, as expected. At the choice grade level the 1914-S half eagle is a true challenge with sparse numbers seen and values approaching five figures. Finer coins are downright rare, with PCGS noting a scant 6 pieces as MS-64, and a single MS-64+ in their Population Report. For many years only the Duckor coin appeared to achieve the gem level, until this splendid coin was submitted recently. Its staggering quality and glowing mint color earned its rightful place as a tie to the Duckor gem. Now pictured on the CoinFacts website to represent this issue, collectors far and wide can view the wonders of this jewel. NGC has similarly graded 6 examples as MS-64, but only a single example of this date and mint as MS-65. None are finer. Rich golden toning which both dazzles the eye and radiates the golden iridescence of the surfaces. Boldly struck throughout, and carefully preserved. The exceptional appeal of this coin makes us wonder if it was not set aside at the time of issue, as it so clearly stands head and shoulders above virtually all other known pieces. If you desire the finest, then here is a coin to make sure to win. In the Encyclopedia of U.S. Gold Coins 1795 - 1833 by Jeff Garrett and Ron Guth this date is described as follows "Thus, the 1914-S has earned its place as the most difficult and rarest issue of the series to find in MS-64 or higher grades. This date should be considered the key date to the series." With only two PCGS gem coins known, one of which is tied up the Simpson Collection, it may well be a long while until another opportunity arises to obtain a gem of the 1914-S. Hence, if you desire the best, then the time to act is upon you. Pop 2; none finer. Tied for the finest at either grading service (PCGS # 8529) Estimated Value $70,000-UP Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $146,875
Lot 1604		1915 $5 Indian PCGS MS63. PCGS graded MS-63 PQ. CAC Approved. Well struck with lovely golden toning on both sides and a solid strike for this Philadelphia date (PCGS # 8530) Estimated Value $750 - 800 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $2,056
Lot 1605		1915-S $5 Indian PCGS MS63. PCGS graded MS-63 PQ. CAC Approved. Well struck with lovely golden toning. This is one of the tougher dates to find at all from this popular series, but thankfully for collecters sake there are a decent number of MS-63 coins available, finer coins are downright expensive and rare, and PCGS has yet to grade a single example as MS-65 of this date and mint, although NGC has graded one coin that high, but none finer. This coin offered is a premium example that boasts great luster and abundant eye appeal, and is destined for an advanced collection of Indian half eagles. Pop 44; 11 finer, 9 in 64, 2 in 64+ (PCGS # 8531) Estimated Value $10,000-UP Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $24,675
Lot 1606		1916-S $5 Indian PCGS MS62. PCGS graded MS-62 PQ. CAC Approved. Softly struck mint mark as sometimes seen on this date and mint. Nicely toned and quite frosty for the issue, with nice surfaces for the grade assigned. Only 240,000 pieces were struck and while this issue is known to exist in mint state, a good many of the examples seen today came from a hoard of approximately 200 pieces which surfaced, and according to David Akers, none from that hoard exceeded MS-63 quality. Half eagle production went silent after these were released until 1929 when Indian half eagles were again produced (PCGS # 8532) Estimated Value $1,500 - 1,600 Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $3,525
Lot 1607		1929 $5 Indian PCGS MS65. PCGS graded MS-65. The 1929 half eagle is the final year of production for the Indian half eagle series. These have always been a popular key date, despite the generous mintage of 662,000 pieces, the vast majority were melted soon after they were released, and most were likely gathered up from banks as the Depression of 1929 started to really dig in. Few people could afford to hold onto a $5 coin as it represented a weeks wages for many people in that era. Today there are probably close to 800 of these that exist, most fall well short of the quality here despite being in Mint State, they wre not gently handled and many suffer from the expected cuts and nicks of bag transport. Gems have always been precious and few, with PCGS noting only 10 at that level in their Population Report. Importantly, there are none finer at either major grading service. It had been a dozen years since the last half eagle was struck for circulation in 1916, and thankfully for collectors more were produced in 1929, little knowing at the time that these 1929 coins would be final half eagles produced of this series. Frosty and well struck. Pop 10; none finer. Tied for the finest at either grading service (PCGS # 8533) Estimated Value $80,000-UP Ex. US Gold from a prominent midwestern family collection. View details and enlarged photos Check results on similar lots	Realized $102,813