One among simply 15-known examples of the 1804 Draped Bust silver greenback offered for $3,360,000 on Dec. 17, main bidding at Stack’s Bowers Galleries’ providing of Half II of the Larry H. Miller assortment in Newport Seaside, California. Bidding opened at $2.6 million, adopted by a bid of $2.7, with a telephone bid of $2.8 million capturing the prize. A 20 % purchaser’s premium is added to bid for the worth realized.
Graded Proof 65 by Skilled Coin Grading Service, it’s among the many finest-known of the “King of American Cash: and represents the Class I kind, struck round 1834, versus Class II and III examples that had been struck a number of a long time later to fulfill collector curiosity. Referred to as the Stickney Specimen after its preliminary recognized proprietor Matthew A. Stickney of Salem, Massachusetts, it spent a lot of the twentieth century within the assortment of the Eliasberg household, promoting at Bowers and Merena’s 1997 public sale of picks of the Louis E. Eliasberg Sr. Assortment for $1,815 million. A comparably graded instance referred to as the Deter Specimen didn’t promote at Legend Uncommon Coin Auctions’ sale of the Bruce Morelan assortment in October on an estimate of $4,000,000 to $4,400,000 after realizing $3.29 million at a Stack’s Bowers and Sotheby’s D. Brent Pogue public sale in 2017.
One other magnificent coin with an Eliasberg pedigree supplied was an 1894-S Barber dime graded Proof 65 by Numismatic Warranty Corp. with a inexperienced Licensed Acceptance Corp. sticker. It’s almost equal in fame to the 1804 greenback, with a mintage of simply 24 cash, of which 9 are confirmed immediately. They had been produced on the San Francisco Mint to coin remaining silver from melted cash of older designs.
The cataloger provides that the 24 1894-S Barber dimes had been struck on June 9, 1894, with three going to assay and others “unceremoniously positioned right into a bag of earlier dated dimes and launched into circulation,” with the diminutive mintage listed. It has traditionally been thought-about a Department Mint Proof situation, regardless of little proof that examples had been struck from polished dies on polished planchets, and that is the third-finest-known, recognized by a lint mark within the obverse area between Liberty’s chin and neck. It final appeared at public sale in Stack’s sixty fifth Anniversary Sale in October 2000 the place it offered for $431,250.
On Dec. 17 it realized $1,440,000.