Narrowing it down a bit, the 1804 dollars jumped from $4250 in 1941 to $28,000 in 1960. Logic would suggest 1950 or so would be the target date of the first $10,000 plus auction.
From Wiki
"""In 1883, a Class III dollar was reportedly purchased in Vienna for $740, and a Class I specimen was auctioned for $1,000 in 1885 by Henry and Samuel H. Chapman. In 1903, an example sold for $1,800, and the same coin reportedly sold for $4,250 in 1941. In 1960, a Class III dollar fetched $28,000 at an auction"""
My earliest recollection (via Coin World) on a rarity transaction was the McDermott 1913 Lib nickel that sold to the Bebee's in 1967 for $46,000. Didn't Eliasberg "pay" $10,000 for the 1873-cc NA dime (1950?).
Coinfacts: "1804 silver dollars marked new auction records all the way through the 1980s as prices rose steadily, first to five digits in the 1960s, then to the upper six-digit range by 1989, when the Dexter Class I Original sold for $990,000. "
"In the 1880s the Chapman Brothers sale of the Dexter specimen marked the first time that a Class I 1804 dollar-and likely any other U.S. coin at auction-crossed the $1,000 threshold.".....In 1907 the Stickney specimen of the 1804 sold for $3600. "
@roadrunner said:
My earliest recollection (via Coin World) on a rarity transaction was the McDermott 1913 Lib nickel that sold to the Bebee's in 1967 for $46,000. Didn't Eliasberg "pay" $10,000 for the 1873-cc NA dime (1950?). Maybe something in the Farouk collection? The 1933 Saint?
Coinfacts: "1804 silver dollars marked new auction records all the way through the 1980s as prices rose steadily, first to five digits in the 1960s, then to the upper six-digit range by 1989, when the Dexter Class I Original sold for $990,000. "
"In the 1880s the Chapman Brothers sale of the Dexter specimen marked the first time that a Class I 1804 dollar-and likely any other U.S. coin at auction-crossed the $1,000 threshold.".....In 1907 the Stickney specimen of the 1804 sold for $3600. "
pcgscoinfacts.com shows one of the 1822 $5 gold auctioned for $11,575 in 1941. Not sure if this was the first coin over 10g though.
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National Numismatic Collection. Harlan P. Smith (purchased circa 1884 at a bullion dealer’s coin shop for $6.50)– Lorin G. Parmelee collection sale, June 25-27, 1890, Lot 938, consigned as a stand-in by Harlan P. Smith and bought back by him for $900 – S.H. & H. Chapman, 1906, Lot 210, $2,165 – William Forrester Dunham - B. Max Mehl – Mehl “Dunham” 1941, Lot 2095, $11,575 – Charles M. Williams – Kosoff & Kaplan – B. Max mehl - Amon Carter, Sr. – Amon Carter, Jr. – Josiah K. Lilly – donated by Lilly’s estate to the National Numismatic Collection in exchange for a $5.5 million tax credit. According to Breen, Dunham refused an offer of $35,000 from J.P. Morgan for this coin.
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"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
According to an article written by Ed Reiter that appeared in th NY Times in December of 1985, he quoted Wayne Miller that the first US SIlver Dollar to auction for more than $10,000 was an 1893-CC branch mint proof. This coin was part of the Wayne Miller collection. The article did not say when Miller acquired it or from what auction. Initially, I thought it was owned by Hoagy Carmichael but that was incorrect.
I know, this only addresses Silver Dollars and not all US coins, but it's a start in anticipation that the question will be asked.
Experience the World through Numismatics...it's more than you can imagine.
Not at auction, but the first $10,000 coin was the first 1892 Colombian half sold as a publicity stunt.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Roadrunner: My earliest recollection (via Coin World) on a rarity transaction was the McDermott 1913 Lib nickel that sold to the Bebee's in 1967 for $46,000.
Yes, I believe this was an auction result, though I am not certain.
Roadrunner: Didn't Eliasberg "pay" $10,000 for the 1873-cc NA dime (1950?).
No, Eliasberg was the underbidder in the Menjou sale, at $3600. The 1873-CC No Arrows dime sold for slightly more than $3600. Eliasberg later bought it privately for $4000. Roadruner may be thinking of the Eliasberg-Bass 1870-S Three, which Eliasberg bought duirng the 1940s.
@roadrunner said:
My earliest recollection (via Coin World) on a rarity transaction was the McDermott 1913 Lib nickel that sold to the Bebee's in 1967 for $46,000. Didn't Eliasberg "pay" $10,000 for the 1873-cc NA dime (1950?).
Coinfacts: "1804 silver dollars marked new auction records all the way through the 1980s as prices rose steadily, first to five digits in the 1960s, then to the upper six-digit range by 1989, when the Dexter Class I Original sold for $990,000. "
"In the 1880s the Chapman Brothers sale of the Dexter specimen marked the first time that a Class I 1804 dollar-and likely any other U.S. coin at auction-crossed the $1,000 threshold.".....In 1907 the Stickney specimen of the 1804 sold for $3600. "
The first time I subscribed to Coin World, my first issue headlined the Bebee nickel sale at $46,000. I was 17, and impressed.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Comments
I also tried, but I imagine it happened a long time ago. Like many many decades or more, Probably in some auction results somewhere?
eBay ID-bruceshort978
Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager.
I also searched but didn't find anything.
I'm also interested to know the first coin that sold for $1k at auction.
Good luck with that one, boys. Wild goose chase.
Narrowing it down a bit, the 1804 dollars jumped from $4250 in 1941 to $28,000 in 1960. Logic would suggest 1950 or so would be the target date of the first $10,000 plus auction.
From Wiki
"""In 1883, a Class III dollar was reportedly purchased in Vienna for $740, and a Class I specimen was auctioned for $1,000 in 1885 by Henry and Samuel H. Chapman. In 1903, an example sold for $1,800, and the same coin reportedly sold for $4,250 in 1941. In 1960, a Class III dollar fetched $28,000 at an auction"""
My earliest recollection (via Coin World) on a rarity transaction was the McDermott 1913 Lib nickel that sold to the Bebee's in 1967 for $46,000. Didn't Eliasberg "pay" $10,000 for the 1873-cc NA dime (1950?).
Coinfacts: "1804 silver dollars marked new auction records all the way through the 1980s as prices rose steadily, first to five digits in the 1960s, then to the upper six-digit range by 1989, when the Dexter Class I Original sold for $990,000. "
"In the 1880s the Chapman Brothers sale of the Dexter specimen marked the first time that a Class I 1804 dollar-and likely any other U.S. coin at auction-crossed the $1,000 threshold.".....In 1907 the Stickney specimen of the 1804 sold for $3600. "
http://cointrackers.com/liberty-head-v-nickel/
Off hand, no idea but I suspect it is not a US coin
Experience the World through Numismatics...it's more than you can imagine.
By definition of the title of the post, I suspect that it is....
duplicate
This may be it. The Stickney 1804 realized $10,500 At the Max Mehl, Atwater sale in 1946.
If the Dexter Dollar is the first $1,000 coin, is TDN up to 5 milestones?
In big letters it does say US... and managed to miss that. My sincere apologies
Experience the World through Numismatics...it's more than you can imagine.
pcgscoinfacts.com shows one of the 1822 $5 gold auctioned for $11,575 in 1941. Not sure if this was the first coin over 10g though.
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.
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"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
Were down to 1941, nice sluth work so far. Good exercise in searching auction records.
eBay ID-bruceshort978
Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager.
Although it was not at auction, it's worth noting that the two 1877 Half Unions sold for 10K each in 1909.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
According to an article written by Ed Reiter that appeared in th NY Times in December of 1985, he quoted Wayne Miller that the first US SIlver Dollar to auction for more than $10,000 was an 1893-CC branch mint proof. This coin was part of the Wayne Miller collection. The article did not say when Miller acquired it or from what auction. Initially, I thought it was owned by Hoagy Carmichael but that was incorrect.
I know, this only addresses Silver Dollars and not all US coins, but it's a start in anticipation that the question will be asked.
Experience the World through Numismatics...it's more than you can imagine.
Not at auction, but the first $10,000 coin was the first 1892 Colombian half sold as a publicity stunt.
Just curious... Where would the privately minted Brasher Debloons fit into the discussion?
Experience the World through Numismatics...it's more than you can imagine.
Roadrunner:
Yes, I believe this was an auction result, though I am not certain.
Roadrunner:
No, Eliasberg was the underbidder in the Menjou sale, at $3600. The 1873-CC No Arrows dime sold for slightly more than $3600. Eliasberg later bought it privately for $4000. Roadruner may be thinking of the Eliasberg-Bass 1870-S Three, which Eliasberg bought duirng the 1940s.
Unique 1873-CC ‘No Arrows’ Dime
Agreed
Kevin Lipton's great grandfather arranged for throngs of stockyards workers to storm the Midway to get one.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
The first time I subscribed to Coin World, my first issue headlined the Bebee nickel sale at $46,000. I was 17, and impressed.
Impressive research/results in about four hours time.... This forum is an incredible resource. Cheers, RickO