Heritage's FUN US Coins Auction sold $40,522,148, including a record $1.26 million for an 1855 Kellogg & Co. Fifty Dollar PR64 Cameo PCGS. CAC. Kagin-4, High R.6. With the $6,845,461 Collection of Walter J. Husak and The Liberty Cap Foundation US Coins Signature® Auction and FUN and Heritage's $13,003,338 FUN Currency Signature® Auction, the event totaled $60,370,947.
“Just when some people thought the marketplace for numismatic trophies might be softening given the flurry of record prices we’ve set over the last few years, our bidders again delivered some staggering results,” says Heritage Auctions Executive Vice President Todd Imhof.
“We continue to invest a lot of time and money to keep Heritage's auction platform the best in the world and are grateful to these major collectors and dealers who trust us to sell their valuable items year after year.”
Fort Worth coin dealer B. Max Mehl termed the 1855 Kellogg $50 “the most beautiful of all Pioneer gold coins, and one of the rarest.” The stunning coin offered in this auction is one of 14 proofs. Initial mintage and distribution were unknown.
Three coins in the sale achieved seven figures, including the 1855 Kellogg fifty. Only two known examples of an 1860 Half Eagle, Judd-271, PR64+ Deep Cameo PCGS sold for $1.14 million, breaking the price record. This stunning coin is a feature of Virgil Brand, F.C.C. Boyd, Ed Trompeter, and Bob R. Simpson collections.
The best known 1851 Schultz & Co. Half Eagle, MS62 PCGS, sold for $1.02 million, more than double the previous maximum price of $432,000. This 1851 Schultz & Co. $5 gold piece is one of the rarest Territorial gold series issues, one of 10 traced by Heritage Auctions experts and one of 14 in all grades certified by PCGS and NGC, one of which is in the Smithsonian National Numismatic Collection.
One of four known copies of this rare 1868 Liberty Eagle, Judd-661, PR66 Cameo PCGS, which sold for a record $930,000, has been in the Connecticut State Library Collection since 1913. It is thought that King Farouk held this one before it disappeared for decades. It is the only PCGS PR66 specimen and has been off the market for 24 years.
One of four known 1804 Eagles, Judd-34, Pollock-46, High R.7, PR64 PCGS sold for a record $504,000, topping $408,000. This silver 1804 Eagle type is the only one known to perfect dies before gold eagle proofs were produced.
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