FAMED 1804 DOLLAR & 1822 HALF EAGLE WILL BOTH BE SOLD IN MAY AUCTION
Stack’s-Bowers has announced the next installment of the D. Brent Pogue Collection, which will take place on May 25th in New York City. This fourth part of the most valuable U.S. coin collection ever sold will be historic, as two monumental coins will be offered: the Sultan of Muscat-Childs 1804 dollar and the unique in private hands 1822 half eagle.
This session promises to be truly memorable. Along with these two pieces, the sale will include Reeded Edge half dollars, Draped Bust, Small Eagle silver dollars, Gobrecht silver dollars, and early half eagles starting at 1821. More information, including the official press release can be found on our blog site (http://blog.greysheet.com).
BLUESHEET MARKET UPDATE
This week we continue our review of Morgan silver dollars, with increases noted primarily in the MS65 and MS66 grades. Using these Bluesheet prices in conjunction with Greysheet prices will give a clearer picture of this high volume market, and will help to spot outliers at both the bottom and high end when looking at such things as auction results. Next week we will examine the Peace dollar series as well. Walking Liberty halves also show a good amount of price movement and, as we have mentioned in previous weeks, this series has seen stable demand recently. Certified generic gold coins have also seen an uptick in demand, but it remains to be seen if this uptick will hold. Gold sold off a bit on Friday the 26th and silver plunged nearly 3%. It is probable that demand for certified gold type will remain stable as long as gold remains above $1,200 level. MS63 and MS64 $20 Saints have been the best performers overall, with Choice examples trading at an 11% premium over melt and Very Choice specimens at 18% over melt.