:On March 7, R.M. Smythe conducted a 1,127-lot auction of US
colonial, copper, silver and gold coins. Held on the 12th floor
of 2 Rector Street (in the Wall Street area of lower Manhattan),
the sale realized over $1,000,000.
Exuberant telephone and floor bidding eclipsed many of the high
mail bids already in place. The highlight of the sale was a 1795
B-1 Flowing Hair Dollar in PCGS MS-63 which rose from an opening
bid of $65,000 to $195,000 when the gavel finally struck. The 15
percent buyer's premium brought this total to $218,500, more than
four times the presale estimate.
This 1909 $5 Gold Indian Head PCGS PR65 sold for $40,250.
Other notable items at the auction included a 1652 Oak Tree
sixpence EF, $6,900; 1766 Pitt halfpenny AU, sold at $8,050; 1821
cent NGC Pf-66BN, $37,375; 1794 half dime VF/EF, $4,312; 1937-D
3-Leg nickel Ch AU, $2,875; 1919-D quarter NGC MS-63, $1,610;
1919-S half dollar Ch AU, $2,300; 1796 dollar EF, $8,625; 1893-S
dollar AU/BU, $20,700; 1839-C $2.50 Ch EF, $4,600; 1882 $3 Ch AU,
$3,450; 1845-D $5 Ch AU $3,450; 1878-S $5 Very Ch BU, $15,525; 1800
$10 AU, $14,375; 1801 $10 BU $21,275; and 1907 HR PCGS MS-63,
$23,000. All prices given include the buyer's premium.
Smythe's has scheduled its next coin sale to take place on
September 26. For information, 212-943-1880, 800-622-1880 or
www.smytheonline.com.
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