Two sales records broken by Brand-Pogue coins sold by Stack's
Zoins
Posts: 34,117 ✭✭✭✭✭
In addition to selling the $10M Brand-Cardinal-Morelan dollar and the 1933 Farouk-Weitzman Double Eagle, Stack's just sold the most valuable US gold coin and US half dollar.
For US Federal coins, is Stack's the place to sell?
1822 Half Eagle - PCGS AU50 - Ex. Brand, Eliasberg, Pogue
The Most Valuable Gold Coin Issued by the United States
$8.4M on a PCGS Price Guide price of $6.5M.
- Cert: https://www.pcgs.com/cert/28944387
- Sale: https://auctions.stacksbowers.com/lots/view/3-Q4SHM/1822-capped-head-left-half-eagle-bd-1-rarity-8-au-50-pcgs
1797 Half Dollar - PCGS MS66 CAC - Ex. Brand, Pogue
The Most Valuable United States Half Dollar
Considered Finest Known
$1.68M on a PCGS Price Guide price of $1.95M.
- Cert: https://www.pcgs.com/cert/31385751
- Sale: https://auctions.stacksbowers.com/lots/view/3-Q4SH9/1797-draped-bust-half-dollar-small-eagle-o-101a-t-1-rarity-4-15-stars-ms-66-pcgs-cac
1845-O Liberty Head Quarter Eagle. Winter-1, the only known dies. Repunched Date - PCGS MS63 OGH - Ex. Vanderbilt, Brand
Finest Known 1845-O Quarter Eagle
Here's another notable Virgil Brand coin that just sold:
Sold for $117K on a PCGS Price Guide value of just $55K!
- Cert: https://www.pcgs.com/cert/4727167
- Sale: https://auctions.stacksbowers.com/lots/view/3-Q4STR/1845-o-liberty-head-quarter-eagle-winter-1-the-only-known-dies-repunched-date-ms-63-pcgs-ogh
Comments
It seems that prices of early Federal coins are moving upwards, at all grade levels. Not only was the 1797 half strong, but also lower and mid grade FH and DBH's. Same at recent Heritage sales.
The 1797 Half sold for $1.68M but has a PCGS Price Guide value of $1.95M.
Did someone get a steal?
Anyone know who won this coin?
These types of events really help me appreciate Virgil Brand as a collector.
I can't explain why PCGS would set a price guide value hundreds of thousands above the previous record price.
The same 1797 half sold for $1,527,500 in 2015 at Stack's Bowers (Pogue).
Yes I know who won the 1797 and he is a familiar name to this forum
Looks like the high end coin market is doing well.... Cheers, RickO
It's doing well, but not as well as Bitcoin.
The way I'm starting to think about this is that the 1822 HE sold for about 160 Bitcoin and the 1845-O QE sold for about 2.1 Bitcoin.
@Zoins... As that thinking becomes more entrenched, bitcoins will climb in acceptance and usage. Cheers, RickO
What, no provenance indicated for the half? @Zoins you’re losing your touch! 😉
"Got a flaming heart, can't get my fill"
Well, high level provenance is provided for the half and others. "Brand-Pogue" is mentioned for the Half and "Vanderbilt-Brand" is mentioned for the Quarter, but both have more.
This particular thread is geared towards the 2 record breaking coins which are both "Brand-Pogue" coins, so the other names are less important unless they appear for both the 1822 HE and 1797 HD.
Man. My reading comprehension is poor this morn. Scanned right over that.
"Got a flaming heart, can't get my fill"
No worries. I like that you're interested in the provenance
Don’t get crazy or ask to borrow money.....wasn’t me.
yolo
https://www.pcgs.com/setregistry/collectors-showcase/date-sets/hashtags-prefect-coin-grading-service-1879/album/7621
Problem is that next week the numbers could be 80 Bitcoin and 1 Bitcoin or possibly 320 Bitcoin and 4 Bitcoin.
Where as the US dollar is totally stable and always buys the same amount as in the past.
(At least its erosion is a bit more steady in its downward decline and goes only one direction.)
Would be interesting to see the comparison in ounces of silver versus ounces of gold from then and now as both last auctioned in the 1982 and 1983 time frame. I'm too lazy to look it up right now, but I know they well outperformed each. Maybe measure in terms of some other item also, such as food; fuel; housing or median income.
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
If Bitcoin is such a good investment...why would you ever spend it? If no one is willing to spend it...why would it ever be a good currency?