The most valuable coin collection ever sold has happened in tonight’s session and with more than $15 million in additional sales.
The Pogue Collection is known very well for its top quality pre-1834 coins and famous rarities, the Pogue VII sale held collections that showed the extraordinary depth of the Pogue holdings.
Red-letter issues like the Berg-Garrett 1804 dollar and the 1854-S half eagle went up to seven-figure heights, the amazingly preserved and perfectly toned Pogue Washington quarter set brought multiples of estimate, Barber quarters reached impressive heights, and even Eisenhower and Susan B. Anthony dollar reached high numbers.
Leading the sales was the legendary 1854-S half eagle, the first $5 gold coin in San Francisco Mint. Alongside the Eliasberg Collection, the PCGS AU-58+ Pogue coin is one of the three confirmed to still exist. It’s worth grew to $1.92 million after 38 years off the market. Also known as the “King of American Coins”, the Berg-Garrett Class III 1804 dollar, made $1.44 million and was graded Proof-55 (PCGS).
The best known example of the key date 1878-S half dollar brought $288,000 which set a new world record.
Another world record was set by the 1854-S quarter eagle, priorly in the F.C.C. Boyd and Harry W. Bass, Jr. collections. Graded AU-50 (PCGS), the low-mintage rarity brought $384,000, passing a 15-year-old record for the date.
Key moments with gold coins include the excellent 1855 Type II gold dollar, design type at MS-67+ (PCGS), sold for $120,000. A Type II gold dollar which was dated 1854, graded MS-66+ (PCGS), far passed what its expectations were, $87,000. Brought in at $264,000 was the 1879 Flowing Hair Stella $4, graded Proof-66 CAM (PCGS).
An MS-67 FB (PCGS) 1916-D Mercury dime, tied for finest certified, and passed everyone’s expectations with $204,000. The MS-66 1896-S quarter, tied for finest certified, bringing in $96,000 and the MS-67+ (PCGS) 1901-S Barber quarter saw $180,000. The MS-65 (PCGS) 1918/7-D overdate Standing Liberty quarter sold for $90,000. The 1919-D quarter is a very superb and rare gem grade, making the Pogue MS-66+ FH (PCGS) a final price of $114,000. The 1932-S quarter in PCGS MS-66 brought in $43,200 in opposition to its $20,000-25,000 estimate.
Most coins being estimated in the few hundreds to few thousands of dollars, collectors then bid well beyond those numbers. A few of the biggest differences in estimated and final price included the MS-67 1934 ($6,000 vs. $400-500), MS-67+ 1938-S ($4,080 vs. $600-750), MS-66 1939 ($600 vs. $50-75), MS-67 1944 ($9,000 vs. $250-300), MS-67 1945-S ($7,200 vs. $300-350), MS-67+ 1948 ($7,200 vs. $600-750), MS-67 1949-D ($2,880 vs. $200-250), MS-67+ 1950-D ($5,280 vs. $250-300), MS-67 1950-S ($2,880 vs. $40-50), MS-67+ 1954-D ($6,600 vs. $550-700), and an MS-67 1963-D ($8,400 vs. 500-600).
Every two-cent and three-cent piece that was a part of the sale passed pre-sale estimates as well.
High grade modern coins that have beautiful toning also did well, MS-66 (PCGS) 1976-D Eisenhower dollar sold at $4,080 (vs. a $50-100 estimate) and a MS-67 (PCGS) 1981-D Susan B. Anthony dollar sold at $2,640 (vs. a $200 300 estimate).
The Pogue coin collection bidding sold coins for record setting amounts. 15.343 million in just one session.
Author Bio: Blair Thomas has been a music producer, bouncer, screenwriter and for over a decade has been the proud Co-Founder of eMerchantBroker, with the highest rated coin dealer merchant account in the country. He has climbed in the Himalayas, survived a hurricane, and lived on a gold mine in the Yukon. He currently calls Thailand his home with a lifetime collection of his favorite books.