Collectors spent $25.3 million to purchase all 128 coins on May 19 at the sale of the D. Brent Pogue collection, presented by auctioneers Stacks Bowers Galleries and Sotheby’s in New York City. A small gold coin from 1808, called a Quarter Eagle and worth just $2.50 when it was minted, realized $2.35 million – a new world record for any coin of the quarter eagle denomination. It also became the most valuable Nineteenth Century US gold coin ever sold at auction. The inaugural “white-glove” auction proved that modern generation of collectors are willing to set new world records in order to own the best condition coins in existence, according to Brian Kendrella, president of Stack’s Bowers Galleries. A complete report of this sale will follow later.
21 May 2015 / 0 Comment
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