Rare Gold Shines In $11 Million Summer FUN Auction

Rare and high quality gold coins dominated the results in our recent 2011 July Orlando Summer FUN Signature US Coin Auction. Overall, the prices realized in this auction approached $11.3 million, including the 15% Buyer’s Premium.

1797 5 16star ngc53 Rare Gold Shines In $11 Million Summer FUN AuctionTop honors went to a 1797 16 Stars Half Eagle, graded AU53 by NGC. This coin’s die marriage, BD-3, is the most plentiful variety of the four known for the date, but in this case “plentiful” means that there are only 20-25 pieces known. Under heavy competition, this rarity brought $132,250 when the hammer fell.

A 1860 Mormon five dollar piece, graded AU50 by PCGS, brought $80,500 to its happy consignor. The last gold coin issued in the Mormon territory, this historically significant territorial gold coin bears the obverse inscription “HOLINESS TO THE LORD” in the Deseret alphabet, one of the few examples of that script to survive today.

 Rare Gold Shines In $11 Million Summer FUN Auction  Rare Gold Shines In $11 Million Summer FUN Auction

A spectacular Gem proof 1901 double eagle with dramatic, gold-on-black cameo contrast realized $77,625 when it crossed the auction block. From a tiny mintage of only 96 proofs, this beautiful coin is believed to be one of only 40-50 still in existence, including many that have been mishandled over the intervening years.

Other highlights of this auction include, but are not limited to:

 Rare Gold Shines In $11 Million Summer FUN Auction  Rare Gold Shines In $11 Million Summer FUN Auction
 Rare Gold Shines In $11 Million Summer FUN Auction  Rare Gold Shines In $11 Million Summer FUN Auction

Our next US coin auction will be the 2011 August Chicago Signature US Coin & Platinum Night Auction, which will open for bidding very soon. Previews of this auction are available now at HA.com/Coins.

About the Author:

Heritage Auction Galleries is the world's largest collectibles auctioneer. Our 329,383 members are a testament to our reputation for professional business practices and unprecedented knowledge in the field of collectibles. Our mission is to provide the Internet's most indispensable trading platform and source of information for serious collectors, investors and dealers.

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