![]() ![]() ![]() He concluded that the $5 coin returned 7.5% annually over 199 years.Ĭredits: Images courtesy of Stack’s Bowers Galleries. Interestingly, reader Stephen Donnelly did the math to determine the compound return for a $5 coin that would eventually sell for $8.4 million. The 1787 Brasher Doubloon - a gold coin minted privately by goldsmith and silversmith Ephraim Brasher - earned $9.36 million at Heritage Auctions this past January. The 1794 Flowing Hair Silver Dollar - the first dollar coin issued by the United States federal government - realized more than $10 million at an auction at Stack’s Bowers Galleries in January 2013. While the 1822 Half Eagle earned the distinction of being the most expensive GOLD coin ever minted by the U.S, two other coins have sold for more. The newest owner of the 1822 Half Eagle has chosen to remain anonymous. Pogue’s collection would eventually fetch more than $140 million in a series of sales by Stack’s Bowers Galleries from 2015 through 2021. Brent Pogue in the early stages of building what would become the most valuable numismatic collection in history, according to Stack’s Bowers Galleries. When the gold coins from the Eliasberg Collection were auctioned in 1982, the successful buyer was the young D. Eliasberg, Sr., who had the distinction of successfully assembling a complete set of every U.S. The privately owned specimen was first acquired by Virgil Brand in 1899 and remained in his vast collection until it was sold by his heirs in 1945.Īt that time, it entered the unparalleled collection of Louis E. The other two are permanent residents of the National Numismatic Collection in the Smithsonian Institution. The record holder is the only one owned by a private individual. It’s also now the third-most valuable coin ever sold at auction,” said Brian Kendrella, the president of Stack’s Bowers Galleries.Įxactly 17,796 of these $5 coins were minted, but only three specimens are known to have survived. “The 1822 Half Eagle is now the most valuable gold coin minted by the United States ever sold at auction. You can find this exceptional rarity in our Sunday Interenet Auction #1137 ending October 4th! Click here to browse and bid.The finest known 1822 Half Eagle gold coin set a new world record when an anonymous bidder snatched it up at a Las Vegas auction last Thursday for $8.4 million. The overall strong eye appeal makes this a piece worthy of the advanced specialist. The design elements are well centered on the planchet, and crisp detail can be seen throughout with a pleasant amount of definition on Liberty's portrait, typically an area of weakness on this issue. This coin flaunts bright, golden-yellow surfaces with ample luster. This week we are proud to offer a beautiful AU example of this rare date. Just 20 of the original Double Eagle coins are known to have survived and disappeared in mysterious circumstances. The 1804 may not be the rarest date of the Draped Bust eagle series, but it is one of the hardest to find in uncirculated condition and none are graded by NGC or PCGS above MS64. Some 1803 gold eagles were struck using the same reverse die as the 1804, and based on the die state, some of these were actually struck after the 1804 pieces. ![]() Interestingly, while 1804 was the last date of gold eagle production for over 30 years, it was not the last date produced chronologically. Luckily for collectors, there are a small number of circulation strike pieces out there ready to fill the gap in a date set. Neither of the other two have appeared for sale in recent years, making it an all but unobtainable piece. Only three are known to exist, one of which is part of the Harry W. Since no eagles had been issued since 1804, they struck 1804-dated pieces for the set. Proof eagles weren’t minted in 1804 but were made for the famous proof sets of 1834-1835. ![]() However, proofs are on the same level as the 1804 dollar, albeit much less famous. In fact, only four examples in PCGS AU or MS have crossed the auction block in the past 10 years.Ĭirculation strikes are rare, but attainable. Finding a nice, problem-free, high grade example is quite a challenge and they don’t come up for sale very often. As a result, many 1804 eagles were melted, and only 80-100 examples are believed to survive, many of which are damaged. The denomination was discontinued because the value of gold had risen above its face value, resulting in widespread melting of gold coinage. It’s believed that somewhere between 2,500 and 3,757 pieces were struck for circulation, all from the same die pair. 1804 was the last year of the Draped Bust $10 gold eagle, a denomination that wasn’t minted again until 1838. The most famous 1804 coin may be the silver dollar, but it wasn’t the only interesting piece bearing this date. ![]()
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