Gold Twenty Leads Baltimore Bids
By Numismatic News
total of $8,016,034 was realized by Bowers and
Merena Auctions at the official Baltimore Coin
and Currency Convention sale held March 26-27.
Top performing lot was an 1870-CC Liberty Head
$20 gold piece that realized $414,0000.
The coin is cataloged as Winter 1-A. It was
graded AU-55 by Numismatic Guaranty Corp., and
B&M indicates that it is the single
highest-graded example of the rarity known to
NGC or the Professional Coin Grading Service.
With a mintage of just 3,789, the catalog
description notes that experts peg the surviving
numbers as 35-45 pieces in all grades.
This piece from the Southerly Collection is
described by the catalog in comparison to
"All examples that we have seen are heavily
abraded with very scuffy surfaces. So it is with
the present piece, although apart from a few
minor nicks over and before the obverse portrait
one will be hard pressed to find any singularly
The coin is further described this way: "The
Southerly Collection specimen does display some
light glossiness to both sides, but we see more
of the original surfaces than one would expect
for even an AU-quality survivor."
A bid of $201,250 captured second place in the
B&M sale. This purchased an 1892-S Morgan silver
dollar graded MS-66 by PCGS.
The cataloger noted that the coin has thick,
rich, frosty-textured luster to both sides and
is a condition rarity, with just six finer
pieces known up through grade MS-68.
A 1797 Capped Bust Right Eagle. Small Eagle $10
gold piece, BD-1, HBCC-3175, Taraszka-7, graded
MS-61 by NGC brought a bid of $149,500.
NGC Census reports just six, with a mere four
finer through MS-63.
For more information about the auction, visit
the Web site at www.bowersandmerena.com. For
catalogs, telephone (800) 458-4646.