June 2008 Summer FUN Heritage Auction Tops $12 Million

By Heritage Auctions

Market demand remained strong for significant American numismatic rarities in the June 2008 Summer FUN Signature® Auction presented by Heritage Auction Galleries in West Palm Beach, June 26-27. Total prices realized for the American coins exceeded $12 million, and the total will rise further when the concluding session and post auction buys are finalized.

“The strong market is continuing to bring great rarities — and great prices realized — onto the Heritage auction block,” commented Heritage President Greg Rohan. “We note that Lot 1960, an 1880 $4 Flowing Hair (Judd-1657, Pollock-1857) and certified PR64 by PCGS, realized: $431,250. This auction contained a wide range of rarities at many price levels, to which more than 5000 bidders responded enthusiastically.”

Highlights from Heritage’s Summer FUN Signature Auction:

Lot 1960: 1880 $4 Flowing Hair, Judd-1657, Pollock-1857, R.6, PR64 PCGS.
The 1880 Flowing Hair “stella” is one of the most famous rarities in American numismatics. Technically a pattern issue, and never authorized for regular coinage, the stella has survived and prospered as a collectible issue, and is regularly listed in A Guide Book of United States Coins alongside regular U.S. gold coin types. From the Fern E. Wagner Trust. Price realized: $431,250

Lot 2106: 1803 BD-6 Large Stars Reverse Eagle, MS62 NGC. Breen-6845, B. 1-F, Taraszka-32, R.7.
Of 33 known die varieties in the 1795 to 1804 eagle series, Harry Bass was able to obtain 32 during his many years of collecting; the only die marriage that he never owned was the 1803 BD-6 (Breen 1-F) that is offered in this lot. Price realized: $172,500

Lot 1975: 1832 Half Eagle, 13 Stars, BD-1, High R.5, MS63
The 1832 half eagle is known in only two die pairings, BD-1 and BD-2, easily distinguished by the presence of either 13 or 12 obverse stars, respectively; the 13 Stars BD-1 has a straight-base 2, and only three examples of this variety have been certified finer. From The Charleston Collection.
Price realized: $132,250