Heritage Auctions, Baltimore Expo On Deck

The popular Whitman Coin & Collectibles Expo in Baltimore gets underway next week, opening to the public on Thursday,November 5th. Historically this show has been well attended as one of the last major shows of the year, with most major dealers present and a large auction conducted by Stack’s Bowers. The U.S. coin part of this auction kicks off Thursday evening with the popular Rarities Night session, featuring 157 lots of specially selected pieces. This grouping includes: a 1794 Liberty Cap cent graded MS61, an MS63 Proof Like 1879-CC dollar, an 1893-S dollar in AU55, a pair of 1879 Flowing Hair Stellas, an 1853/2 double eagle in MS62, and four $20 high reliefs in grades ranging from AU55 to MS66. Three additional floor sessions for U.S. coins come after Rarities Night, including a very interesting and historic offering of early U.S. medals from the collection of John Adams. Additionally, there are a large amount of colonial coins to cross the block.

Pair of New York Auctions from Heritage
As stated in our prior reports, the fourth part of the Eugene Gardner collection is to be sold this week by Heritage in New York City. Following that, Heritage has a four-session Signature sale, three of which are floor sessions and one online-only session. One of the many highlights of this Signature sale is an 1866-S No Motto $20 gold piece, graded MS61 by PCGS. A scarce date overall, there are no coins of this issue known above MS62, and there have been just 10 “grading events” in mint state at both PCGS and NGC. Of these ten, just two have been certified MS62, the rest lower. Another tantalizing gold piece is a 1911 $10 Indian in the lofty grade of MS67, one of just three coins of this date and grade to have earned a CAC sticker of approval.

Pricing/Market Changes This Week
For changes this week we have continued to look at high grade Morgan and Peace dollars, with much attention on Deep Mirror Prooflike specimens. Dates seeing increases include 1886, 1887-O, 1889, and 1890-CC. Price movement also occurs in Modern Commemoratives, as this is a series which we plan to review in depth in the coming weeks, in an attempt to bring into line with the current marketplace. Modern U.S. coin collectors have two new products go on sale this week from the U.S. Mint, the P & D mint 4-coin sets of business strike Presidential dollars and the Lyndon B. Johnson Coin & Chronicles set. The Coin & Chronicles set is the final of four that were sold this year, and has a production limit of 25,000 sets.