June 2026 Showcase Auction Session 2 Rarities

Lot: 2001 - "1776" (1783) Continental Dollar. Newman 1-C, W-8445. Rarity-3. CURENCY. Pewter. AU-58 (PCGS). CAC. CMQ.

A handsome and thoroughly appealing example of this historic and ever popular early American-related issue. Rich pewter gray patina dominates both sides, with the obverse also revealing a few swirls of warmer steel gray in isolated areas. The definition is uniformly bold over all devices, and the surfaces are exceptionally smooth for the type. At the Choice AU level of preservation, it is

Lot: 2002 - 1793 Flowing Hair Cent. Wreath Reverse. S-6, B-7. Rarity-3. Vine and Bars Edge. AU-50 (PCGS).

Breen Die State V. We note very little in the way of actual wear for this striking Wreath cent, the otherwise sharp definition coming up just a bit short in the center of the obverse, where some of the individual hair strands are merged together. The texture is generally hard with appreciable frost, although dark charcoal-copper surfaces are finely granular overall with some old, light verdigris nestled within the protected areas around and among many of the design elements. No significant marks are seen, however, and the in-hand appearance is pleasingly smooth at most lighting angles. The large cents of 1793 were the first coins struck by the Philadelphia Mint at their facility at Seventh and Filbert Streets. While appreciated by numismatists today, Henry Voigt's original Chain cents were not so beloved at the time, but were instead ridiculed as ugly: one oft-quoted account noting that Liberty appeared to be in a fright with the chains on the reverse as being an ill omen. Voigt replaced his earlier design with a more elegant and fuller rendition of Liberty, as on this coin, with flowing hair in bold relief on the obverse and a many-berried wreath on the reverse. Exactly when the transition from Chain to Wreath cent took place is a matter of conjecture; it has been commonly believed that the 63,353 cents that were delivered between April and July were of the Wreath type. The Sheldon-6 is often referred to as the "Sprung Die" variety, as termed by Sylvester Crosby due to the prominent die bulging on the obverse from the back of Liberty's hair to the rim that is always seen on this pairing. The buckling of the dies also caused tresses in the central part of Liberty's hair to appear worn, even on high grade examples, as here, and is also responsible for anomalies in the beading, a chip out of the rim in front of Liberty's chin and, in the final stages, also appearing to cause die cracks through and radiating from letters in the word LIBERTY. The large cent was a utilitarian coin and saw heavy use in commerce for decades. As a result, while a few hundred S-6 cents are thought to be in numismatic holdings, most are in very low grades. Examples at the VF level and higher are few and far between and command great attention when offered. Today, large cents of all kinds are beloved by numismatists and have a long-established following. The delicate features of the wreath and its berry sprays combined with the delightfully high relief of Liberty's profile have made the 1793 Wreath cents among the most coveted of all the large cent types. This opportunity should not be overlooked.

Lot: 2003 - 1794 Liberty Cap Cent. S-22, B-6. Rarity-1. Head of 1794, Bent Lock. MS-63 BN (PCGS).

Heck DS6, Breen Die State VII. The pleasing patina of terracotta and chocolate brown shades offers golden undertones beneath a light source. Ideally centered on both sides with nearly full denticles at the obverse rim. Despite the advanced die state, impressive definition is evident throughout Liberty's hair. A historic piece that we first offered in our (Stack's) September 1954 sale of the Dupont Collection, noting that it is "worthy of a place in the most discriminating cabinet." There is a short mark on Liberty's cheek that serves as a convenient identifier for tracing this coin through future cabinets. Sheldon-22 is the Bent Hair Lock, Mounded Reverse variety of the 1794 Liberty Cap cent. These names are derived from the downward bend of the sixth hair lock of Liberty's portrait and die swell on the reverse wreath, though the swelling is not always present in early die state states. As one of the nicest 1794 S-22 cents that we have handled in recent memory, we anticipate strong bidder competition for this premium quality example.

Lot: 2004 - 1868 Indian Cent. MS-66 RD (CACG).

This lovely example is drenched in light pinkish-rose mint color. The texture is soft and satiny, the surfaces free of even the most trivial blemishes. A boldly executed strike rounds adds to the appeal of this significant condition rarity. The 1868 is a lower mintage issue among circulation strike Indian cents with 10,266,500 struck. Many Mint State examples were destroyed during the recoinage of the 1870s, which saw the Mint redeem and melt large quantities of bronze cents dated 1864 to 1873. Among survivors, problem free examples with superior technical quality and strong eye appeal are challenging to find, regardless of grade. This is one of the loveliest examples that we have ever offered and will be just right for an advanced Indian cent set.

Lot: 2005 - 1879 Indian Cent. MS-66 RD (CACG). CMQ.

Fully struck with extraordinary mint color, both sides display a soft blend of medium orange and pale pinkish-red. The surfaces are smooth, frosty to semi-reflective, and offer outstanding eye appeal. An absolute jewel of a coin. Beginning in 1879, the number of earlier dated bronze cents that the Mint redeemed and reissued fell off markedly from the highs recorded for 1876, 1877 and 1878. In 1879, the Mint redeemed 3.5 million bronze cents and reissued 3.3 million examples. The totals for 1878, by way of comparison, amounted to about 8.2 million coins in each instance. To meet commercial demand, the Mint struck more new cents in 1879 than it had during the previous three years, a mintage of 16,228,000 circulation strikes. Although readily available in lower grades, the 1879 is very scarce in Gem full Red and rare as a Superb Gem in the same category. 1879 through 1909 forms the span for a "short set" of Philadelphia Mint Indian cents. If you are contemplating entering this series, these years are a good way to begin. If you are already an advanced Indian cent collector, this CACG MS-66 RD has much to offer. Clearly this extraordinary premium Gem Uncirculated 1879 Indian cent will appeal to a wide variety of collectors and attract spirited bidder competition.

Lot: 2006 - 1910-S Lincoln Cent. MS-67 RD (PCGS).

Elegant rose-orange surfaces retain full mint color and a lustrous, satiny finish. Smartly impressed, both sides offer razor sharp definition to all design elements. Expertly preserved with eye appeal to spare, it is little wonder that this Superb Gem ranks among the finest survivors of its issue seen by PCGS. The 1910-S has a mintage of 6,045,000 pieces and is considered a semi-key date in the Lincoln cent series. It is available in circulated grades but is a conditional rarity in Mint State, with most survivors grading no finer than MS-65 RD. This offering of a visually appealing Superb Gem should attract attention from advanced Lincoln cent collectors, especially those competing for high ranking on the PCGS Set Registry.

Lot: 2007 - 1912-D Lincoln Cent. MS-66+ RD (PCGS).

Adorned with even, original, rose-red color, the surfaces are softly frosted in texture and devoid of grade-limiting blemishes. Well struck for this challenging issue, both sides exhibit bold to sharp detail on virtually all design elements. Attractively original and exceptionally well preserved, both the quality and eye appeal are superior in a 1912-D cent. A semi key-date coin in lower grades, the 1912-D emerges as a major condition rarity above the MS-65 RD level. This premium-quality Gem is just shy of top-pop for the issue, and it will surely sell for a strong bid to an advanced Lincoln cent enthusiast.

Lot: 2008 - 1942 Lincoln Cent. Proof-67 RD Cameo (PCGS). CAC. CMQ

Struck at the dawn of World War II, this cent ranks among the very finest certified for the issue. Vivid mint orange coloration is emphasized by heavily reflective fields and satiny luster across the design elements. The strike is impressively sharp throughout and the surfaces remain free of virtually any handling. The vast majority of the 32,600 Proof cents delivered to the Mint cashier for sale in 1942 exhibit an all-brilliant finish, lacking the Cameo contrast offered here. This elusive piece is tied with only five other coins at the top of the PCGS Population Report, making it an irresistible specimen for advanced Set Registry participants. With CAC approval the population dwindles to just three examples. As the era of the circulating U.S. cent denomination comes to a close, we expect renewed interest in the Lincoln series in its entirety. The present example will surely see spirited bidding that results in a strong premium from the lucky winner.

Lot: 2009 - Omega Privy Mark 2025 Lincoln Cents Three-Coin Set. The Last Circulating Cents. Set Number 44 of 232. (PCGS).

All examples are individually graded and encapsulated by PCGS, as follows: -2025 24 Karat Gold Cent. Omega Privy Mark. MS-69 (PCGS). CAC. CMQ. -2025 Circulating Cent. Omega Privy Mark. MS-64 RD (PCGS). CAC. CMQ. -2025-D Circulating Cent. Omega Privy Mark. MS-65 RD (PCGS). This set is one of just 232 produced by the United States Mint to mark the end of the circulating one-cent coin, all of which were featured in our special December 2025 Auction - The Very Last Omega Pennies Including the 24 Karat Gold Penny sold on behalf of The United States Mint. This set was offered as lot 10044, and it realized $50,000 during a session marked by intense collector interest and bidder competition. Since many bidders went home empty handed and disappointed as a result, the second chance represented by the unexpectedly early return to market of set #44 offered here is a fleeting one that deserves the utmost in bidder attention. This is one of the sets submitted to CAC after our December 2025 Auction event, with two of the coins securing CAC approval at their PCGS-assigned grades, enhancing its desirability this second time around. This lot includes the original U.S. Mint Certificate of Authenticity for set 044 of 232, which has been certified and encapsulated by PCGS in a Genuine holder. (Total: 3 coins; 1 COA)

Lot: 2010 - Omega Privy Mark 2025 Lincoln Cents Three-Coin Set. The Last Circulating Cents. Set Number 62 of 232. (PCGS).

All examples are individually graded and encapsulated by PCGS, as follows: -2025 24 Karat Gold Cent. Omega Privy Mark. MS-69 (PCGS). CAC. CMQ. -2025 Circulating Cent. Omega Privy Mark. MS-65 RD (PCGS). CMQ. -2025-D Circulating Cent. Omega Privy Mark. MS-66 RD (PCGS). CMQ. This set is one of just 232 produced by the United States Mint to mark the end of the circulating one-cent coin, all of which were featured in our special December 2025 Auction - The Very Last Omega Pennies Including the 24 Karat Gold Penny sold on behalf of The United States Mint. This set was offered as lot 10062 and it realized $67,500 during a session marked by intense collector interest and bidder competition. Since many bidders went home empty handed and disappointed as a result, the second chance represented by the unexpectedly early return to market of set #62 here is a fleeting one that deserves the utmost in bidder attention. This is one of the sets submitted to CAC after our December 2025 Auction event, during which the gold example secured CAC approval, enhancing its desirability this second time around. This lot includes the original U.S. Mint Certificate of Authenticity for set 062 of 232, which has been certified and encapsulated by PCGS in a Genuine holder. (Total: 3 coins; 1 COA)

Lot: 2011 - 1872 Two-Cent Piece. MS-66 RB (PCGS). CAC. CMQ.

A highlight of the present sale, this premium-quality Gem is among the very finest certified for this key date two-cent issue. Lovely autumn-orange mint color dominates the in-hand appearance, both sides enhanced by delicate iridescent rose-brown toning. Both sides are free of detracting blemishes, as expected at the assigned grade level. The surfaces are frosty and remarkably flashy for the issue, and the overall eye appeal is superior to the vast majority of Mint State 1872 two-cent pieces that we have handled over the years. Sharply struck and faintly prooflike in the fields. A significant condition rarity and highly desirable coin. Although Congress did not abolish the two-cent piece until early 1873 (through the Mint Act of February 12, 1873), 1872 was the last year in which the Mint actually produced circulation strike coins of this type. Why it did so is a mystery since by the early 1870s the two-cent piece was no longer popular in circulation. In keeping with this fact, the Philadelphia Mint struck only 65,000 two-cent pieces for theoretical commercial use in 1872. This date is by far the rarest in the circulation strike two-cent series both in terms of total number of coins known and number of coins extant in Mint State. As a premium Gem with nearly full Red surfaces, the offered coin is a top-tier condition rarity worthy of the strongest bids.

Lot: 2012 - 1865 Silver Three-Cent Piece. MS-68 (PCGS). CAC.

A significant condition rarity for both the issue and type that boasts virtually pristine surfaces and wonderful originality. This exquisite Ultra Gem in PCGS/CAC MS-68 is silky smooth in texture with hardly even a single detracting blemish. The fields are decidedly semi-reflective and host clash marks (as made), which are present on most examples of the issue with which we are familiar and suggest early clashing of the dies. Satiny and fully impressed, the devices are set apart in a manner that provides some semblance of cameo contrast as the coin dips into a light. Otherwise brilliant, blushes of reddish-gold and powder blue iridescence engage the peripheries. To see this coin is to admire it for both its exceptional eye appeal and awesome technical quality. The trend of limited circulation strike silver three-cent issues that began early in the Civil War reached a low for the era of 8,000 pieces in 1865. Survivors are elusive even in worn condition, while Mint State examples are scarce to rare in all grades. Near the pinnacle of numismatic preservation, this pristine-looking beauty is of the utmost desirability. A stellar-quality type coin, and a significant condition rarity for the issue as well as the silver three-cent series in its entirety, the fleeting nature of this offering can hardly be overstated.

Lot: 2013 - 1871 Nickel Three-Cent Piece. MS-67 (PCGS). CAC.

A thickly frosted Superb Gem with impressive cartwheel luster on primarily silver-gray surfaces that also reveal subtle rose, blue and gold iridescence. Struck from clashed dies, as most were, which feature is most readily appreciated above the date and around the left and right base of the obverse legend. The strike is razor sharp throughout, and the surfaces are so carefully preserved as to approach numismatic perfection. The year 1871 is the first in which circulation strike nickel three-cent coinage failed to top the million-coin mark. Only 604,000 pieces were produced, in fact, confirming that the usefulness of this denomination in commerce was already waning. Most survivors were not preserved with anywhere near the level of care that we see evidence for here, as is easily verified by limited population figures at both PCGS and CAC. A stunning example that belongs in an elite collection.

Lot: 2014 - 1883 Nickel Three-Cent Piece. MS-65 (PCGS).

Offered is a truly remarkable Gem Mint State circulation strike three-cent nickel that is highly elusive even in worn condition. Mostly satiny in texture, there is extremely subtle semi-reflectivity in the fields. Minimally toned in pale antique silver and with a razor sharp strike. The 1883 is one of the leading circulation strike rarities in the often overlooked nickel three-cent series of 1865 to 1889. This is the first issue of the type with fewer than 20,000 coins struck, and one of just four with a mintage of 5,000 or fewer pieces (discounting the Proof-only 1877, 1878 and 1886). For the 1883 the Philadelphia Mint delivered only 4,000 circulation strikes, survivors of which are seldom encountered in any grade, certainly much less the year's 6,609 Proof issues. With even a circulated survivor representing an important find, our offering of this condition rarity Gem is a significant event.

Lot: 2015 - 1881 Shield Nickel. JD-2. Rarity-1. Proof-67 Deep Cameo (PCGS). CAC.

An outstanding specimen, fully struck with strong contrast between watery fields and softy frosted motifs. The entire package is dressed in delicate champagne-gold iridescence that yields to brilliance at most viewing angles. Virtually pristine with exceptional eye appeal. Proof mintage: 3,575 pieces, and this is one of the absolute finest available to discerning collectors in the PCGS DCAM category. A special coin that enjoys even further demand due to this issue's association by date with the low mintage (68,000 pieces) circulation strike 1881 Shield nickel.

Lot: 2016 - 1912-D Liberty Head Nickel. MS-66+ (PCGS). CAC. CMQ.

Delicate gold and powder blue iridescence enhance premium quality surfaces on this premium survivor of a perennially popular Liberty Head nickel issue. Boldly struck with full mint luster, this coin will excite even the most advanced numismatist. The 1912-D is notable as the first five-cent issue coined at the Denver Mint, and the only one of the Liberty Head design type produced at that facility. Despite a relatively limited mintage of 8,474,000 pieces, enough examples were saved at the time of issue that the 1912-D is obtainable with ease in lower Mint State grades through MS-65. The issue is rare any finer, however, and this near top-of-the-pop example is one of the few to have received both an impressive MS-66+ grade from PCGS and coveted CAC approval. While two examples are graded finer at MS-67, neither of those have a CAC sticker, making the present coin irresistible for the discerning collector.

Lot: 2017 - 1914 Buffalo Nickel. MS-67+ (NGC). CAC.

This is a phenomenal example of the issue that is tied for finest certified at NGC. Intensely lustrous surfaces exhibit a softly frosted texture and are silky smooth in appearance. Temptingly close to pristine, in fact, and further enhanced by pretty iridescent toning in pinkish-apricot that is a bit bolder on the reverse. The strike is full with the popular rustic finish of early date Buffalo nickels readily appreciable. Despite its status as a scarcer Philadelphia Mint Buffalo nickel, the 1914 is obtainable with ease in grades through MS-65. Premium Gems in MS-66 are scarce, while examples grading finer are nothing short of rare. The top-flight Superb Gem offered here would make an impressive addition to an advanced Buffalo nickel set.

Lot: 2018 - 1921-S Buffalo Nickel. MS-65+ (PCGS).

A beautifully toned example displaying target-like iridescent reddish-apricot, powder blue, antique gold and silver-lilac. The finish is softly frosted with strong mint luster readily appreciable. The level of preservation is outstanding, the surfaces smooth enough to support an MS-66 grade were the coin just a bit more sharply struck on the bison's head and in the centers on both sides. Among the finest certified for this challenging issue, nonetheless, and worthy of the strongest bids. The 1921-S is one of the most difficult Buffalo nickels to locate in high grades and with strong aesthetic appeal. For starters this is a scarce issue due to a mintage of 1,557,000 pieces and a high rate of attrition suffered through circulation. Indeed, most survivors are well worn and grade no finer than VG. Perhaps surprisingly, low end Mint State examples are more available than those in EF and AU grades, but the former are usually poorly struck with other unappealing attributes such as planchet laminations, toning streaks and/or heavy flowlines. All of these attributes point to the use of worn dies and otherwise poor workmanship on the part of San Francisco Mint personnel. Interested parties are urged to bid strongly as the opportunity to acquire a superior quality Gem 1921-S nickel usually comes along only once in a long while.

Lot: 2019 - 1924-S Buffalo Nickel. MS-65 (PCGS).

This lovely and rare Gem Mint State nickel features warm orange-gray patina with strong underlying iridescence in lemon-yellow, pinkish-apricot and antique gold. The surfaces are as nice as would be expected for the assigned grade - lustrous, softly frosted, and with overall sharp detail that is a notable departure from the typical soft strike seen on Uncirculated examples of this issue. Just under one and a half million nickels were struck at the San Francisco Mint in 1924 and immediately entered circulation, where they initially attracted little numismatic interest. By the time their scarcity became apparent, many had already served their duty in commerce. With one of the lowest mintages for the entire Buffalo series, the 1924-S nickel is among the most sought after issues of the type in all grades. It is highly regarded as a strike rarity, as well, and finding examples with generally sharp definition can be difficult. An especially well struck and visually appealing Gem such as this is scarce and its offering will certainly be appreciated by Buffalo nickel enthusiasts.

Lot: 2020 - 1929-D Buffalo Nickel. MS-67 (PCGS).

This is a boldly struck, remarkably well preserved example of the otherwise relatively obtainable 1929-D nickel. Both sides exhibit a smooth frosty texture with a delightful overlay of iridescent ice-blue and champagne-pink toning. Virtually pristine, and exceptional in every way. As one of the more frequently encountered Denver Mint Buffalo nickels from the 1920s, the 1929-D is popular with mintmarked type collectors seeking to avoid the truly common issues in this series such as the 1938-D. In certified Superb Gem Mint State, however, this issue is rare and would do equally well in an advanced type collection or high quality date set. This is the finest we can recall offering for the 1929-D in recent decades, and its inclusion in this sale represents a fleeting opportunity for discerning numismatists.

Lot: 2021 - 1935 Buffalo Nickel. MS-68 (PCGS).

An absolutely outstanding example of this otherwise readily obtainable Philadelphia Mint Buffalo nickel issue. The surfaces approach numismatic perfection with a silky smooth appearance to a brightly lustrous, softly frosted finish. Exquisitely toned, as well, with halos of golden-apricot peripheral iridescence around ice-blue centers. Boldly to sharply struck throughout. With only a single coin certified finer for the 1935 at this service, this dazzling Ultra Gem would be a significant addition to any Buffalo nickel collection competing for top ranking on the PCGS Set Registry.

Lot: 2022 - 1797 Draped Bust Half Dime. LM-1, V-2. Rarity-3. 15 Stars. AU-53 (PCGS). CAC. CMQ.

Really a premium example, and for both the type and assigned grade, this coin is superior to many certified Choice AUs we have brought to auction in recent decades. The eye appeal is outstanding, the originally toned surfaces dressed in dominant deep steely-copper patina. Direct lighting calls forth vivid, highly appealing undertones of antique gold, cobalt blue and, in the center of the obverse, salmon-pink. Strike detail is typical for the type, soft in the centers, yet bolder toward the borders. A lack of all but light wear means that all major design elements are clear and fully appreciable. Much frosty luster remains, and there are no sizeable or otherwise individually distracting marks to inhibit the eye appeal. The replacement for the brief Flowing Hair half dime of 1794 to 1795, the initial type of the Draped Bust design with the Small Eagle reverse proved equally short lived with examples struck only in 1796 and 1797. The second year 1797 is remarkable in that each of the three different obverse dies displays a different number of stars around the border. The first die prepared had 15 stars, reflective of the number of states in the Union at that time. The admission of Tennessee to the Union during the summer of 1796 resulted in the second die for the 1797 half dime being prepared with 16 stars - for the only time in the half dime series. The crowding of the design caused by this many stars prompted Mint officials to default to 13 stars in recognition of the original 13 colonies. As such, the third obverse die used in production of 1797 half dimes displays 13 stars. Logan-McCloskey 1 is the only 15 Stars variety of this issue, and it shares its reverse with LM-2, one of the two 16 Stars die pairings. LM-1 is the most frequently encountered of the four varieties of the date, although as with all Draped Bust, Small Eagle half dimes it is highly elusive in Mint State. The present PCGS/CAC AU-53 example is exceptional at its assigned grade level and will make an ideal addition to either a high grade type set or specialized collection of early half dime varieties.

Lot: 2023 - 1831 Capped Bust Half Dime. LM-6, V-1. Rarity-1. MS-67 (NGC).

Visually engaging surfaces are vividly toned in a rich blend of cobalt blue, steel-olive and pinkish-apricot patina. Underlying luster is full with a brightly frosted texture that shines forth powerfully as the coin rotates under lighting. The strike is sharp and both sides are expectably smooth for the assigned grade. The certified grade of this significant coin matches that of the two finest 1831 LM-6 half dimes that we have sold since at least the turn of the 21st century. Both of those other pieces were certified MS-67 by PCGS, one of which is the Pogue coin from our May 2015 sale of the D. Brent Pogue Collection, Part I. While this is a plentiful die marriage in an absolute sense, as the Rarity-1 rating suggests, offerings in the finest Mint State grades are clearly few, far between, and often occur only when the most significant numismatic cabinets come to market. If you are an advanced early half dime variety enthusiast, or a type collector in pursuit of the finest Mint State quality obtainable, don't let this opportunity pass.

Lot: 2024 - 1892 Barber Dime. JD-3. Rarity-4-. Proof-67 Cameo (PCGS). CAC.

An exceptionally well preserved specimen, this gorgeous Superb Gem would do equally well in a high quality Proof type or date set. Both sides are beautifully toned, as well, with blushes of cobalt blue peripheral iridescence framing reddish-apricot centers. Bold field to device contrast is readily evident at all viewing angles. The strike is full, as befits the method of manufacture, and the surfaces are so smooth as to border on pristine. The first year 1892 is the highest mintage Proof Barber dime and the only one with a delivery of more than 1,000 coins (1,245 pieces, to be exact). This issue is extremely popular for type purposes, and this conditionally rare Superb Gem will please even the most discerning numismatist. The JD-3 is the scarcest of the three die marriages reported for this issue in the 2025 volume in John W. Dannreuther's United States Proof Coins reference series. Each is readily attributable by the position of the digit 1 in the date relative to the left tip of Liberty's bust.

Lot: 2025 - 1893 Barber Dime. JD-1. Rarity-3-. Proof-67 Cameo (PCGS). CAC. CMQ.

This beautiful Superb Gem exhibits target-like obverse toning in olive-copper, reddish-gold, powder blue and pinkish-silver. The reverse, equally stunning, is dressed in salmon-pink, medium rose and steel-blue iridescence with the boldest color at the viewer's left. A cameoed finish is easily appreciated as the surfaces rotate under a light. With a full strike and outstanding surface preservation, this is easily one of the nicest and most desirable survivors from this 792-piece Proof Barber dime issue that we have ever had the privilege of bringing to auction.

Lot: 2026 - 1894 Barber Dime. JD-1. Rarity-4. Proof-67 Cameo (PCGS). CAC.

An elegant specimen that combines a virtually untoned reverse with an obverse dressed in a target-like distribution of deep rose, russet, and reddish-orange iridescence. Silky smooth in appearance with a nicely cameoed finish, even the most discerning numismatist will find much to admire in this condition rarity Proof 1894 dime. Tied for finest certified and stickered in the CAM category at PCGS and CAC. This year is the first for which the Philadelphia Mint employed only a single die pair in the production of Proof Barber dimes.

Lot: 2027 - 1895 Barber Dime. JD-1. Rarity-4. Proof-67 Cameo (PCGS). CAC. CMQ.

Dazzling Superb Gem surfaces are brilliant to allow ready appreciation of a boldly cameoed finish from the dies. Those same dies imparted razor sharp detail to even the most trivial elements of the design motifs. Expertly preserved and close to pristine, the strongest bids are in order here. Mintage: 880 Proofs, for which the Mint employed two die pairings. These dies were selected at different points throughout the year to deliver coins during all four quarters. Overall workmanship for this issue is outstanding, although very few coins qualify as Deep/Ultra Cameo by today's standards. The result: a superior Superb Cameo Proof with CAC approval, as offered here, is the finest realistically obtainable in a Proof 1895 Barber dime.

Lot: 2028 - 1896 Barber Dime. JD-1. Rarity-4. Proof-67+ Cameo (PCGS). CAC.

Blended copper-rose and cobalt blue patina with reddish-gold peripheral highlights, this is a breathtakingly beautiful example of both the type and issue. Strike detail is expectably full for the method of manufacture, the design elements lightly frosted and well contrasted with watery fields. From a Proof mintage of 762 pieces for this early date Barber dime, and one of the absolute best ever to pass through one of our auction sales.

Lot: 2029 - 1897 Barber Dime. JD-2. Rarity-4. Proof-68 Cameo (PCGS). CAC. CMQ.

As related so often in our cataloging, the United States Mint reached the pinnacle of quality and eye appeal for classic Proof coinage during the late 1890s. The dies for these Proof issues were deeply frosted, imparting exceptional cameo contrast to most of the coins struck during this era. Virtually untoned and expertly preserved, this exquisite Ultra Gem 1897 Barber dime allows ready appreciation of this dramatic finish. There is a blush of champagne-rose iridescence at the left border, which further enhances the eye appeal when caught by a light. Glassy fields support fully defined, softly frosted motifs, the entire package so well preserved as to approach numismatic perfection. This is the #1 example of the 1897 JD-2 dies listed in the Dannreuther census published in the 2025 volume of his United States Proof Coins reference series.

Lot: 2030 - 1898 Barber Dime. JD-1. Rarity-4. Proof-68+ Cameo (PCGS). CAC. CMQ.

This stunning specimen is one of the three highest-graded Proof 1898 Barber dimes known to PCGS in all categories. It is a beautifully toned Ultra Gem with reddish-gold, pinkish-rose and cobalt blue undertones to dominant antique copper and steel-blue patina. With heavily frosted devices set against watery fields, both sides would probably support a DCAM designation were the contrast discernible in the absence of toning. Your cataloger (JLA) prizes originally toned silver, as do many advanced numismatists, and wouldn't substitute the toning for brilliance, especially since the field to device contrast is still readily evident and easily supports the CAM assessment from PCGS. Full strike detail and virtually pristine surfaces complete the picture for this exquisite coin. Ranking behind only the 1892, 1894 and 1895, the 1898 is one of the most readily obtainable issues in the Proof Barber dime series. When we consider that the typical survivor of this 735-coin issue possesses strong cameo contrast to the finish, as here, the popularity of the 1898 for Proof type purposes is easy to understand. Among the very finest certified in today's market, this impressive condition rarity is sure to catch the eye of discerning bidders.

Lot: 2031 - 1899 Barber Dime. JD-1. Rarity-3+. Proof-67 Cameo (PCGS). CAC. CMQ.

Otherwise sandy-silver surfaces exhibit sweeping halos and blushes of olive-blue and reddish-rose iridescence that find greatest expression at central obverse. Watery fields support frosty motifs, the finish boldly cameoed and highly appealing. Virtually pristine in a survivor of this 846-piece Proof Barber dime issue. John W. Dannreuther (2025) has identified three die marriages for the 1899, an unusually high number for a Proof of this design type.

Lot: 2032 - 1900 Barber Dime. JD-2. Rarity-5-. Proof-67 Cameo (PCGS). CAC.

Wonderfully originally surfaces are toned in silver-apricot iridescence with halos of cobalt blue enhancing the peripheries. Fully struck with a nicely cameoed finish and virtually pristine level of preservation. The two die marriages of this issue are easily distinguished by the placement of the digit 1 relative to the left tip of Liberty's bust. On the scarcer JD-2 die pairing, represented here, the digit is distant from the bust.

Lot: 2033 - 1901 Barber Dime. JD-2. Rarity-4. Proof-67+ (PCGS). CAC.

This handsome specimen is awash in richly original toning in a blend of smoky-silver, reddish-apricot, powder blue and antique copper-gray. Silky smooth in appearance, as befits the assigned grade, with a razor sharp strike throughout the design. The earliest date in the Proof Barber dime series to lack frost to the motifs, an exceptional Superb Gem in the non-Cameo category such as that offered here would be difficult to beat in a 1901.

Lot: 2034 - 1902 Barber Dime. JD-1. Rarity-2. Proof-67 (PCGS). CAC. CMQ.

A visually stunning piece, iridescent toning on the obverse is comprised of gold to the center, left is blended with dusk-magenta, evening blue to the right. Incredibly artistic in its aspect. The reverse is primarily light golden toning over mirror surfaces, but with a few hints of blue. The Philadelphia Mint occupied its new facility in October 1901, which move was accompanied by a loss of frosting to the die preparation process for Proof coinage. With the 1902 ranking as the rarest Proof Barber dime in the certified Cameo category, this top-flight PCGS/CAC Proof-67 represents a highly significant find for the quality-conscious collector of classic U.S. Mint Proof coinage.

Lot: 2035 - 1903 Barber Dime. JD-1. Rarity-2. Proof-67 (PCGS). CAC. CMQ.

This is a very pretty piece, the surfaces vividly toned in iridescent pinkish-gold, coppery-blue, cobalt blue and light mauve that yields to virtual brilliance in the center of the reverse. It is fully struck with a delightful brilliant finish from the dies. A top-flight survivor from a Proof mintage of 755 dimes of this date.

Lot: 2036 - 1904 Barber Dime. JD-1. Rarity-3. Proof-67 (PCGS). CAC.

Vivid iridescent toning in olive-gray, antique gold, cobalt blue and pinkish-rose is bolder and more extensive on the obverse. Both sides are universally reflective in finish with razor sharp detail and expertly preserved surfaces. Proof mintage: 670 pieces.

Lot: 2037 - 1905 Barber Dime. JD-1. Rarity-2. Proof-67 Cameo (PCGS). CAC. CMQ.

Bold field to device contrast comes readily to the fore on both sides of this untoned silver-white specimen. Smartly impressed with crisp design elements, the surfaces are carefully preserved and fully uphold the validity of the desirable Superb Gem grade from PCGS. Proof mintage: 727 pieces, all of which were coined from a single die pair - the norm for the Proof Barber dime series, although there are exceptions in several years.

Lot: 2038 - 1906 Barber Dime. JD-1. Rarity-2. Proof-67+ Cameo (PCGS). CAC.

Evenly and attractively toned surfaces are dressed in iridescent champagne-gold on the obverse, equally delicate pinkish-rose iridescence on the reverse. The cameo finish from the dies shines forth powerfully at all viewing angles, which allow ready appreciation of deeply mirrored fields and lightly frosted motifs. A virtually perfect specimen - expertly produced, carefully preserved, and a delight to behold. Among the finest known from a Proof mintage of 675 pieces, and included in John W. Dannreuther's list of "Significant Examples" for the issue as published in the 2025 volume in his United States Proof Coins reference series.

Lot: 2039 - 1907 Barber Dime. JD-1. Rarity-2. Proof-67+ (PCGS). CAC. CMQ.

This exceptionally well preserved, remarkably attractive Superb Gem is splashed with iridescent antique copper, golden-olive, cobalt blue and pinkish-rose toning on the obverse. The reverse, equally desirable, exhibits target toning in cobalt blue, pinkish-rose and champagne-gold iridescence. Universally full in strike with a watery, reflective finish from the dies that is fully appreciable in the absence of even the most trivial blemishes. From a mintage of 525 Proofs of this date, and one of the absolute finest and most desirable survivors available to today's discerning collectors.

Lot: 2040 - 1908 Barber Dime. JD-1. Rarity-3-. Proof-68 (PCGS). CAC.

A dazzling array of vivid, multicolored toning greets the viewer from both sides of this gorgeous Ultra Gem Proof. The toning is iridescent in quality and also allows ready appreciation of an intense mint finish. Predominantly reflective, yet seemingly with enough light frosting to the design elements to support a CAM designation, especially if the surfaces were originally untoned as opposed to richly patinated. This is a beautiful coin in all regards, and even more desirable given the impressive numismatic provenance.

Lot: 2041 - 1909 Barber Dime. JD-1. Rarity-3. Proof-67 Cameo (PCGS). CAC.

Gently mottled reddish-apricot iridescence is more extensive on the obverse, which side also exhibits a blush of powder blue iridescence in the date area. Watery fields support lightly frosted motifs, both sides with a pronounced cameo appearance to the finish. A gorgeous Superb Gem, and a conditionally rare example of a scarcer Proof Barber dime issue with only 500 to 550 survivors (per John W. Dannreeuther, 2025) from a not overly generous mintage of 650 pieces.

Lot: 2042 - 1910 Barber Dime. JD-1. Rarity-3-. Proof-67 Cameo (PCGS). CAC.

Dreamy golden-orange surfaces exhibit blushes of warmer reddish-olive and cobalt blue iridescence at the right obverse and left reverse borders. With a full strike, boldly cameoed finish and pristine-looking surfaces, there is much to recommend this lovely coin to discerning Proof type and date collectors. The Philadelphia Mint struck 551 Proof dimes in 1910, one of the lower mintages in this Barber silver series.

Lot: 2043 - 1911 Barber Dime. JD-1. Rarity-3-. Proof-67+ Cameo (PCGS). CAC.

Untoned apart from wisps of pale pinkish-silver iridescence, virtually pristine surfaces and a bolly cameoed finish are on full display here. The razor sharp strike is also praiseworthy, of course, and allows ready appreciation of this classic U.S. Mint silver design type. A lovely Superb Gem survivor from a mintage of 543 pieces, one of the more limited yearly totals in the Proof Barber dime series of 1892 to 1915.

Lot: 2044 - 1912 Barber Dime. JD-1. Rarity-2+. Proof-67 Cameo (PCGS). CAC. CMQ.

Brilliant silver-white centers are framed in mottled halos of cobalt blue, steel-olive and pinkish-apricot peripheral iridescence. This pattern of toning is visually desirable and allows ready appreciation of bold cameo contrast between reflective fields and softly frosted motifs. With silky smooth surfaces, as well, this is one of the finest certified survivors from a mintage of 700 pieces for the Proof 1912 Barber dime.

Lot: 2045 - 1913 Barber Dime. JD-1. Rarity-3-. Proof-67 Cameo (PCGS). CAC.

Easily among the most visually appealing Proof Barber dimes of this date that your cataloger (JLA) has had the privilege of preparing for auction. Both sides exhibit a target-like distribution of vivid, multicolored toning that includes shades of reddish-gold, cobalt blue, and pinkish-rose. A nicely cameoed finish and expert level of preservation further enhance the desirability of this exquisite piece.

Lot: 2046 - 1914 Barber Dime. JD-1. Rarity-3. Proof-67+ (PCGS). CAC. CMQ.

Dusted with delicate pinkish-silver iridescence, both sides also reveal hints of champagne-apricot and powder blue as the coin rotates under strong lighting. This is an expertly produced and expertly preserved Superb Gem that will nicely represent either the type or issue in the finest numismatic cabinet. The penultimate issue in the Proof Barber dime series, the 1914 is also one of the scarcest with a limited mintage of 425 pieces.

Lot: 2047 - 1915 Barber Dime. JD-1. Rarity-3. Proof-66+ (PCGS). CAC. CMQ.

Richly toned in dominant olive-copper and pinkish-gray, both sides reveal dazzling iridescent undertones of red, blue, gold and pink as the coin is tilted into direct lighting. The eye appeal is superior even at the Proof-66+ numeric grade level, the surfaces also close to Superb Gem quality in terms of preservation. Fully struck with a reflective finish further enhancing already memorable eye appeal.

Lot: 2048 - 1892 Barber Quarter. Type II Reverse. JD-2. Rarity-3. Proof-68 Cameo (PCGS). CAC.

A lovely example that really needs to be seen to be fully appreciated. Both sides are beautifully toned in champagne-rose, orange-russet and powder blue iridescence with a somewhat mottled distribution to the colors on the obverse. The surfaces are virtually flawless and showcase an exacting strike that has imparted razor sharp definition throughout the design. Noticeably cameo in finish, especially when viewed with the aid of a direct lighting, and fully deserving of the coveted CAM designation from PCGS. This is an expertly produced, carefully preserved, and visually stunning Ultra Gem Cameo Proof that will please even the most discerning numismatist. The advent of the new Barber quarter design in 1892 caused a run at the Mint on Proofs, where 1,245 coins were produced in this format; the next year the love affair was over and the Proof mintage had dropped considerably, never again to brush the 1,000-piece mark for the duration of this series. While the 1892 is the quintessential type issue in this Proof series, it is also a formidable condition rarity at and above the grade level offered here.

Lot: 2049 - 1893 Barber Quarter. JD-1. Rarity-2. Proof-67 Cameo (PCGS). CAC.

Angelic surfaces combine frosty motifs with well mirrored fields. Richly toned in vivid, multicolored toning, full striking detail and exceptional eye appeal are equally praiseworthy attributes. Second year of issue for the Proof Barber quarter series, the 1893 has a mintage of 792 pieces. With the technical quality and eye appeal offered here, the Proof 1893 is very scarce and seldom offered.

Lot: 2050 - 1894 Barber Quarter. JD-1. Rarity-2. Proof-67 Cameo (PCGS). CAC.

Softly frosted and fully defined, the design elements contrast elegantly with reflective fields. The entire package approaches numismatic perfection and is enhanced by iridescent golden-rose and sandy-silver patina that is bolder on the reverse. Really a lovely Superb Gem that would do equally well in a high grade Proof type or date set.

Lot: 2051 - 1895 Barber Quarter. JD-1. Rarity-2. Proof-68 Cameo (PCGS). CAC.

This exquisite Ultra Gem would make an impressive addition to another stellar quality collection. Both sides exhibit more or less brilliant surfaces that approach numismatic perfection. The virtually untoned surfaces allow ready appreciation of bold cameo contrast between softly frosted devices and mirrored fields. The strike is razor sharp throughout, and the eye appeal is outstanding. As one of the most consistently well produced and preserved Proofs in the Barber quarter series, the 1895 is popular for inclusion in a specimen type set. The present example is far finer than most survivors of this 880-piece mintage, and it is worthy of a strong bid commensurate with its undeniable condition rarity and stunning visual appearance.

Lot: 2052 - 1896 Barber Quarter. JD-1. Rarity-2. Proof-67+ Cameo (PCGS). CAC. CMQ.

The satiny design elements contrast boldly with deeply reflective fields. The entire package is dressed in target-like toning of cobalt blue, reddish-gold and sandy-orange iridescence that delivers outstanding eye appeal. Fully struck and captivating to review in direct lighting. Along with the Proof issues of 1897 and 1898, the 1896 is the most consistently well produced and attractive in the series. Even so, few survivors from a mintage of 762 Proofs are as exquisite as this gorgeous specimen. Perhaps only 15 to 20% percent of these display strong Cameo contrast, and even those are typically in grades of Proof-66 and lower. At Proof-67+ Cameo, the present piece is among the very finest known to PCGS for both the date and the entire Barber quarter series. Only five coins have been certified finer by PCGS in this category, making this an important opportunity for both type collectors and Barber specialists.

Lot: 2053 - 1897 Barber Quarter. JD-1. Rarity-2. Proof-67 Deep Cameo (PCGS). CAC. CMQ.

The frosty snow-white design elements appear to float untethered amid deeply reflective fields. An overlay of champagne-pink iridescence engages the reverse, while the obverse remains brilliant with an ice-white appearance. Fully struck and captivating to review in direct lighting. Along with the Proof issues of 1896 and 1898, the 1897 is the most consistently well produced and attractive in the Barber quarter series. Even so, few survivors from a mintage of 731 Proofs are as exquisite as this gorgeous specimen. Perhaps only 15 to 20% percent of these display deep cameo contrast, and even those are typically in grades of Proof-66 and lower. At Proof-67 DCAM, the present piece is among the very finest known to PCGS and CAC, and for both the type and date. An important opportunity for both type collectors and Barber silver specialists, and a coin that will surely see aggressive bidding.

Lot: 2054 - 1898 Barber Quarter. JD-1. Rarity-2+. Proof-68+ Deep Cameo (PCGS). CAC. CMQ.

Minimally toned around the peripheries and largely platinum-white, allowing the spectacular surface quality to take center stage. The devices are cloaked in rich, frosty luster, starkly contrasting with the deeply reflective fields. Fully struck and essentially untouched. Along with the Proof issues of 1896 and 1897, the 1898 is the most consistently well produced and attractive in the series. Even so, few survivors from a mintage of 735 Proofs are as exquisite as this gorgeous specimen. Perhaps only 15 to 20% of these display Deep Cameo contrast, and even those are typically in grades of Proof-67 and lower. At PCGS Proof-68+ DCAM, the present piece is among the very finest certified for both the date and the entire Barber quarter series. It represents an important opportunity for both type collectors and specialists in Barber silver coinage.

Lot: 2055 - 1899 Barber Quarter. JD-1. Rarity-2. Proof-67 Cameo (PCGS). CAC.

Vividly and originally toned surfaces with equally varied colors on both sides. Bold reflectivity in the fields and sharp frosty devices provide strong cameo contrast, further enhancing the already exceptional eye appeal, especially when viewed with the aid of direct lighting. This is an uncommonly high grade survivor from a Proof mintage of 846 quarters of this date and will surely see spirited bidding.

Lot: 2056 - 1900 Barber Quarter. JD-1. Rarity-2. Proof-68 (PCGS). CAC.

Lightly toned surfaces are dusted with smoky-silver, champagne-pink and olive iridescence that speak volumes about this coin's originality. Boldly cameoed in finish and fully struck, this exquisite Ultra Gem is sure to please. It is one of the finest certified survivors from a mintage of 912 Proofs and will serve as a highlight in even the most advanced numismatic cabinet.

Lot: 2057 - 1901 Barber Quarter. JD-1. Rarity-2. Proof-68 Cameo (PCGS). CAC.

Essentially brilliant surfaces with a hint of subtle champagne-gold iridescence largely confined to the reverse. The field to device contrast is strong, further identifying this as an exquisite Ultra Gem Cameo Proof. One of just 813 Proof quarters coined for collectors in 1901, and precious few survivors are as well preserved or attractive as this.

Lot: 2058 - 1902 Barber Quarter. JD-1. Rarity-2. Proof-67+ Cameo (PCGS). CAC.

Rare field to device contrast in an issue that is one of the most challenging in the Proof Barber quarter series to locate with a cameoed finish. Here the devices are softly frosted and set against a backdrop of watery, reflective fields. Veiled in delicate champagne-gold iridescence, both sides are further enhanced by partial halos of reddish-orange peripheral toning. This is a lovely Superb Gem, uncommonly well produced and preserved in a Proof 1902 quarter and eagerly awaiting inclusion in another world class collection of classic U.S. Mint silver coinage.

Lot: 2059 - 1903 Barber Quarter. JD-1. Rarity-2+. Proof-68 Cameo (PCGS). CAC. CMQ.

This is an incredible top-pop Ultra Gem Proof quarter from the turn of the 20th century. Otherwise brilliant surfaces reveal the lightest champagne-gold iridescence as the surfaces rotate under a light. Soft mint frost across the devices is set apart from bold reflectivity in the fields, the interplay between these two finishes providing outstanding eye appeal and also readily upholding the validity of the coveted Cameo designation from PCGS. Fully struck, as befits the method of manufacture, and temptingly close to pristine to rank as one of the finest Proof Barber quarters of this date known to the major certification services.

Lot: 2060 - 1904 Barber Quarter. JD-1. Rarity-2+. Proof-67 Cameo (PCGS). CAC.

This is a handsomely and originally toned Barber quarter, with the boldest and most vivid colors confined to the peripheries. An impressive Superb-quality Cameo Proof from a mintage of 670 pieces.

Lot: 2061 - 1906 Barber Quarter. JD-1. Rarity-2+. Proof-68 (PCGS). CAC. CMQ.

Iridescent reddish-russet, pinkish-apricot and cobalt blue toning drifts over fully struck, universally mirrored surfaces. Exceptionally smooth and attractive in a survivor of this 675-piece Proof Barber quarter issue, this gorgeous Ultra Gem is equally well suited for high grade type and date purposes.

Lot: 2062 - 1907 Barber Quarter. JD-1. Rarity-3-. Proof-68 Cameo (PCGS). CAC. CMQ.

This 1907 Proof quarter offers technical quality and eye appeal that would do justice to the finest numismatic cabinet. Both sides are richly toned in steely olive-copper patina, with splashes of intensely vivid gold, pink, blue and reddish-orange iridescence evident as the surfaces dip into direct lighting. The Proof 1907 Barber quarter was produced to the extent of 575 pieces, one of the lower totals in this series. Few examples that have passed through our auction sales over the years have been as expertly preserved as the present Ultra Gem. An outstanding coin that is sure to see spirited bidding at auction.

Lot: 2063 - 1908 Barber Quarter. JD-1. Rarity-3-. Proof-68 (PCGS). CAC.

A deeply toned Ultra Gem Proof, one of just 545 pieces struck for the 1908 Barber quarter. A broad array of rich blue, gold, olive, and sunset-orange engages both sides when presented in a bold light source. Fully struck and expertly preserved, this is a virtually pristine specimen for those who appreciate richly toned Barber coinage.

Lot: 2064 - 1909 Barber Quarter. JD-1. Rarity-3-. Proof-68 (PCGS). CAC.

A dazzling array of iridescent colors backlight dominant steel-mauve and antique copper patina on both sides of this vividly and beautifully toned Proof. Virtually pristine with full strike detail and deeply mirrored fields, it is difficult for us to imagine a more captivating survivor from a mintage of 650 Proof quarters of the date. It is one of only nine graded at this level and only a single coin ranks finer at PCGS at Proof-68+. Approval by CAC is sure to add even more desirability.

Lot: 2065 - 1910 Barber Quarter. JD-1. Rarity-3-. Proof-66 (PCGS). Gold CAC. CMQ. OGH.

This is the higher graded of only two Proof 1910 Barber quarters to have received coveted Gold CAC approval in all grades, and in all categories. The Generation 2.1 PCGS holder provides further appeal and, of course, this is also a beautiful coin. Approaching Superb Gem quality, both sides also exhibit enough contrast between reflective fields and softly frosted devices to suggest a Cameo designation were the coin to be recertified in today's market. Wisps of pale champagne-pink iridescence hardly deny brilliance at most viewing angles. With its winning combination of Gold CAC approval, PCGS OGH and superior technical quality, this lovely Proof quarter is sure to sell for a strong premium after a round of aggressive bidding.

Lot: 2066 - 1911 Barber Quarter. JD-1. Rarity-3. Proof-68 Cameo (PCGS). CAC. CMQ.

An enchanting example of both the type and issue, this wholly original specimen is beautifully toned in dominant pinkish-rose and charcoal-blue iridescence. Direct lighting calls forth the most vivid expression of this toning, as well as varied highlights of champagne-apricot, powder blue and antique gold. Silky smooth in texture with a boldly cameoed finish from the dies, to see this coin is to admire it for both its technical quality and eye appeal. The Mint's production of Proof quarters in 1911 amounted to just 543 coins, one of the lower totals in the Barber series of 1892 to 1915. With most survivors grading no finer than Choice, the rarity and significance of this dazzling Ultra Gem should be obvious to all bidders.

Lot: 2067 - 1912 Barber Quarter. JD-1. Rarity-2+. Proof-68 (PCGS). CAC. CMQ.

Swaths of sandy-silver patina bisect surfaces that are otherwise awash in vivid olive-orange, crimson-red and cobalt blue iridescence. Strongly reflective in finish and fully struck, a virtually pristine appearance further enhances this coin's awesome desirability. It is certainly one of the most carefully preserved and visually stunning survivors from a mintage of 700 Proof quarters bearing the 1912 date, and it is a coin that is sure to please the discerning numismatist.

Lot: 2068 - 1913 Barber Quarter. JD-1. Rarity-2+. Proof-67 Cameo (PCGS). CAC. CMQ.

This awe-inspiring beauty combines softly frosted design elements with watery, reflective fields, the interplay between the two readily upholding the validity of the coveted CAM designation from PCGS. Untoned with a sparkling silver-white appearance to carefully preserved surfaces that approach perfection. Proof mintage: 613 pieces, precious few survivors of which are as technically superior and visually stunning as this Superb Gem.

Lot: 2069 - 1914 Barber Quarter. JD-1. Rarity-3+. Proof-68 (PCGS). CAC.

Sharply struck and strongly reflective in finish, both sides are further enhanced by vivid iridescent orange-apricot and pale mauve undertones to warm, original patination. Flashes of antique silvery near-brilliance are also eident, especially at the upper left obverse. The surfaces are elegant with not even the most trivial blemishes to distract the eye or inhibit the technical quality. Produced to a tiny quantity of just 380 pieces, the 1914 boasts the lowest Proof mintage in the entire Barber quarter series. Only 300 to 350 of these are thought to survive for today's collectors (per John W. Dannreuther, 2025), and precious few even approach, let alone rival, the awesome quality of this Ultra Gem in PCGS/CAC Proof-68. A highlight of the Proof quarters in the Young-Dakota Collection, and eagerly awaiting inclusion in another world-class numismatic cabinet.

Lot: 2070 - 1915 Barber Quarter. JD-1. Rarity-3. Proof-67+ (PCGS). CAC.

Eye appeal is front row center for this captivating Ultra Gem Proof. Both sides are exquisitely toned in swaths of multicolored iridescence that include shades of steely-russet, cobalt blue, antique gold, reddish-orange and salmon-pink. This was the final year Proofs were issued for the Barber quarter series, and a tiny issue of just 450 pieces was produced and distributed. Precious few combine the expert production, careful preservation, and outstanding visual appeal on display here.

Lot: 2071 - 1892 Barber Half Dollar. JD-1. Rarity-2. Proof-67+ (PCGS). CAC.

Exquisite surfaces offer superior preservation and undeniable originality in a survivor of this popular Proof Barber half dollar issue. Virtually pristine, in fact, both sides glow with a reflective mint finish as the coin rotates under a light. The in-hand appearance, however, is dominated by outstanding toning that blends olive-copper, cobalt blue, champagne-pink and reddish-apricot colors. Fully struck, as befits the issue, and sure to please even the most discerning numismatist. The highest mintage Proof Barber half dollar, the first year 1892 was produced to the extent of 1,245 pieces to meet particularly strong demand that the Mint anticipated with the launching of the new dime, quarter and half dollar designs that year. A favorite with type collectors for decades, the Proof 1892 is readily obtainable in lower grades but is scarce to rare above the Choice level. This premium quality Superb Gem is a notable condition rarity that is sure to sell for an exceptionally strong bid.

Lot: 2072 - 1893 Barber Half Dollar. JD-1. Rarity-3. Proof-67+ Deep Cameo (PCGS). CAC. CMQ.

The degree of field to device contrast is remarkable on both sides of this strike and condition rarity Proof 1893 Barber half dollar. The deeply cameoed finish stands out starkly on surfaces that are untoned apart from wisps of pale golden-russet iridescence here and there at the borders. Fully struck and virtually pristine, this outstanding Superb Gem will certainly sell for a strong premium to a discerning numismatist. While the 1893 is one of the more readily obtainable Proofs in this series with a certified CAM designation, Deep Cameo specimens are rare throughout the numismatic grading scale. This is one of the very finest known to both PCGS and CAC, a stunning survivor from a mintage of 792 Proofs and a highlight of the Barber half dollars in the fabulous Young-Dakota Collection.

Lot: 2073 - 1894 Barber Half Dollar. JD-1. Rarity-3. Proof-67+ (PCGS). CAC. CMQ.

Wonderfully original surfaces are toned in dominant charcoal-olive and sandy-copper patina, which colors are backlit from mottled undertones of iridescent antique gold, cobalt blue and reddish-russet. Silky smooth in texture with a bright reflective finish from the dies, full strike detail rounds out an impressive list of physical attributes for this dreamy Superb Gem. Proof mintage: 972 pieces, which the Mint achieved with two obverse and two reverse dies, in two pairings.

Lot: 2074 - 1895 Barber Half Dollar. JD-1. Rarity-3. Proof-68 Cameo (PCGS). CAC.

Virtually pristine surfaces exhibit halos of reddish-gold and cobalt blue peripheral colors around brilliant centers. This pattern of toning allows ready appreciation of strong cameo contrast between frosty motifs and deeply reflective fields. The reverse on its own, in fact, would support a DCAM designation. Both sides are fully struck, as befits the method of manufacture, and which attribute further enhances this coin's already exceptional appeal. The Philadelphia Mint produced 880 Proof half dollars in this, the fourth year of the Barber or Liberty Head series. This is one of the most consistently well produced and preserved issues of the type, a status it shares with the Proof 1896, 1897 and 1898. Even so, previous few survivors are as exquisite as this premium Ultra Gem. A wonder coin among Proof Barber half dollars, this awe-inspiring beauty is sure to see spirited bidding among discerning collectors.

Lot: 2075 - 1896 Barber Half Dollar. JD-1. Rarity-2. Proof-67 Cameo (PCGS). CAC. CMQ.

Dusted with iridescent pinkish-silver and lilac-blue toning, this is a visually stunning Superb Gem Cameo Proof. It is also a technically superior one with not even a single detracting blemish to pristine-looking surfaces. Fully struck with gentle field to device contrast. Proof mintage: 762 pieces, this being one of the absolute finest in the certified CAM category.

Lot: 2076 - 1897 Barber Half Dollar. JD-1. Rarity-2. Proof-68+ Deep Cameo (PCGS). CAC.

Superior quality and phenomenal eye appeal that will appeal to both type and date collectors. The obverse of this lovely Ultra Gem exhibits iridescent reddish-gold peripheral toning that frames an untoned silver-white center. The reverse is untoned, and both sides possess a profound cameo finish that is readily appreciable at all viewing angles. Fully struck, as befits the method of manufacture, and expertly preserved to border on pristine. Proof half dollar production in the United States Mint remained steady in 1897, the mintage of 731 coins comparable to those achieved for the preceding five issues in the Barber series. This issue is the easiest in its series to locate with a Deep/Ultra Cameo finish as certified by PCGS or NGC, although such coins are scarce in an absolute sense and exceedingly rare in the finest grades, as here. One of the most pristine-looking Proof Barber half dollars of any date that we have ever offered, in fact, this outstanding specimens is highly recommended for inclusion in another advanced cabinet.

Lot: 2077 - 1898 Barber Half Dollar. JD-1. Rarity-2. Proof-68 Cameo (PCGS). CAC. CMQ.

Breathtakingly beautiful surfaces are toned in iridescent champagne-gold that yields to halos of cobalt blue and reddish-orange colors at the borders. The finish is no less dramatic, boldly contrasted between fields and devices to readily uphold the validity of the desirable CAM designation from PCGS. Temptingly close to numismatic perfection, this stunning Ultra Gem Proof is sure to excite even the most advanced collectors. The Proof 1898 half dollar was produced to a similar extent as its Proof 1897 counterpart (735 vs. 731 coins), both issues also produced to an exceptionally high standard. These are among the most frequently encountered Proofs of the type with a Cameo finish, survivors often selected for inclusion in high quality type sets. Such coins are scarce in an absolute sense, however, and both issues add condition rarity to strike rarity in the finest certified grades. As one of the most outstanding Cameo Proof 1898 half dollars available to today's discerning numismatists, we anticipate strong bidder competition for this remarkable specimen.

Lot: 2078 - 1899 Barber Half Dollar. JD-1. Rarity-3. Proof-68+ Cameo (PCGS). CAC.

Here is a glorious Ultra Gem that would be perfect for even the finest Proof type or date set. Both sides have rich original toning in steely charcoal-blue that yields to a blush of pinkish-tan below the central obverse. We also note softer undertones of pinkish-apricot, champagne-gold and powder blue when the coin is observed with the aid of direct lighting. The fields are strongly reflective, the design elements set part with a softly frosted texture, both sides clearly displaying the cameo finish noted on the PCGS insert. Fully struck and expertly preserved, this is an outstanding survivor from a mintage of 846 Proofs for the 1899 Barber half dollar.

Lot: 2079 - 1900 Barber Half Dollar. JD-1. Rarity-3. Proof-67+ Cameo (PCGS). CAC. CMQ.

Softly frosted with full strike detail, the design elements contrast nicely with watery, reflective fields. The cameo finish on both sides is complemented by vivid, iridescent toning in steel-blue, copper-rose and champagne-apricot that leaves the upper right obverse largely brilliant. This is an exquisite piece, fully Superb in quality to rank among the absolute finest certified Proofs of this desirable turn-of-the-century Barber half dollar issue.

Lot: 2080 - 1901 Barber Half Dollar. JD-1. Rarity-2. Proof-68+ Cameo (PCGS). CAC. CMQ.

A coin that really needs to be seen to be fully appreciated. The strike, level of preservation and eye appeal are equally stunning, their combination sure to propel this offering to a strong realized price. Fully defined and softly frosted, the design elements contrast gently with reflective fields to provide an elegant cameo finish. Both sides are virtually pristine with peripheral toning in a stunning blend of steely copper-blue, reddish-apricot and, on the reverse, antique gold colors. The Philadelphia Mint moved into its third building in 1901, which move was accompanied by the conversion of the coining presses and other machinery to electricity. Other changes to Proof production also did not significantly change the overall quality of issues like the 1901 half dollar, which is as expertly made as earlier-dated Proofs in the Barber series. The present specimen readily upholds this high standard for production, but in terms of preservation it handily outstrips all other Proof half dollars of this date known to PCGS. With so few certified in the DCAM category for the issue, as well, this top-pop Cameo Proof 1901 would make an outstanding addition to another world-class numismatic cabinet.

Lot: 2081 - 1902 Barber Half Dollar. JD-1. Rarity-2. Proof-66+ Cameo (PCGS). CAC. CMQ.

Untoned apart from a hint of pale champagne-gold that is not readily appreciable at all viewing angles, this lovely coin allows readily appreciation of a gently cameoed finish. There are no blemishes of even a trivial nature, the quality superior and temptingly close to Superb Gem quality. The 777-piece Proof issue for the 1902 half dollar was accompanied by a reduction in the die frosting, which explains why deeply cameoed specimens are virtually unknown. Indeed, the discerning collector would be hard pressed to do much better than this premium Gem Cameo specimen with CAC approval.

Lot: 2082 - 1903 Barber Half Dollar. JD-1. Rarity-2. Proof-67 Cameo (PCGS). CAC. CMQ.

Simply put, this is one of the finest, most visually appealing Proof half dollars of this date available to today's discerning numismatists. Pristine-looking surfaces are untoned apart from delicate champagne-pink iridescence at the peripheries. The strike is full, the motifs lightly frosted and nicely contrasted with highly reflective fields. As with the Proof 1902, the Proof 1903 is an issue for which the Mint reduced the die frosting and for which deeply cameoed specimens are virtually unknown. Of the 600 to 700 believed extant from a mintage of 755 pieces, this Superb Cameo Proof is all but unsurpassable in quality for the issue. Worthy of the strongest bids.

Lot: 2083 - 1904 Barber Half Dollar. JD-1. Rarity-3. Proof-66 Cameo (PCGS). CAC. CMQ.

Presenting as nearly brilliant at most viewing angles, direct lighting is required to fully appreciate gentle toning in mottled champagne-apricot and lilac-blue iridescence. Nice contrast between softly frosted design elements and reflective fields further enhances the strong eye appeal of this crisply impressed, carefully preserved Gem Cameo Proof. The lack of Deep Cameo grading events in the PCGS Population Report and a limited CAC approval rate for this issue at the current grade level confirm the desirability of this coin for advanced numismatists.

Lot: 2084 - 1905 Barber Half Dollar. JD-1. Rarity-2. Proof-68 Cameo (PCGS). CAC.

A stunning Ultra Gem Cameo Proof with gently mottled sunset-orange and rose-gray iridescence adorning the obverse. The reverse is virtually brilliant, and both sides are expertly preserved to approach numismatic perfection. Nicely cameoed in finish, as well, with equally outstanding technical quality and eye appeal. The 1905 is the final Proof Barber half dollar issue with a mintage in excess of 700 pieces, the 727 coins struck all delivered from a single pair of dies (typical for this series). This is the single finest certified survivor, a true wonder coin for the issue that numbers among the leading highlights in the outstanding Young-Dakota Collection.

Lot: 2085 - 1906 Barber Half Dollar. JD-1. Rarity-2. Proof-67 (PCGS). CAC. CMQ.

Wonderfully original surfaces are richly toned with a target-like distribution to olive-copper, sunset-gold, cobalt blue and rose-apricot colors. Silky smooth in texture, as one should demand at the assigned grade level, with razor sharp detail and a universally brilliant mint finish. Proof mintage: 675 pieces, the vast majority of which are confined to certified grades of Proof-65 and lower in today's market.

Lot: 2086 - 1907 Barber Half Dollar. JD-1. Rarity-3-. Proof-67 (PCGS). CAC.

From a mintage of 575 Proofs comes this lovely Superb Gem Barber half dollar. Dusted with soft pinkish-gray and sandy-olive iridescence, the surfaces are attractively original. They are also expertly preserved with a silky smooth appearance that allows full appreciation of a sharply executed strike and elegant brilliant finish. Visually stunning, and worthy of the strongest bids.

Lot: 2087 - 1908 Barber Half Dollar. JD-1. Rarity-3-. Proof-66 (PCGS). CAC.

An impressive numismatic provenance joins Superb Gem quality to identify this as a special Proof 1908 half dollar. Dusted with iridescent toning that is boldest and most vivid at the peripheries, the surfaces are expectably smooth and well composed for the assigned grade. Fully struck with a highly reflective finish from the dies. Proof mintage: 545 pieces.

Lot: 2088 - 1909 Barber Half Dollar. JD-1. Rarity-3. Proof-68 Cameo (PCGS). CAC. CMQ.

Gently mottled toning in blue-gray, pale mauve, olive-copper, olive-orange and antique silver greets the viewer from both sides of this stunning Ultra Gem Proof. The toning is iridescent in quality to allow ready appreciation of reflective fields that support - and contrast with - softly frosted motifs. Silky smooth in texture and a delight to behold. Collector sales for Proof silver coinage waned in 1909, as contemporary numismatists placed fewer orders with the Mint due to their dislike of the Sandblast and Satin Proof gold coins of the era. The half dollar offered here is one of the very finest certified from a mintage of 650 Proofs and is eagerly awaiting inclusion in another highly regarded cabinet.

Lot: 2089 - 1910 Barber Half Dollar. JD-1. Rarity-3-. Proof-66+ (PCGS). CAC.

Seldom offered certified Cameo quality for this strike rarity among late date Proof Barber half dollar issues. Fully struck with a softly frosted texture, the devices offer nice contrast with watery, reflective fields. Both sides are dusted with slightly mottled sandy-gold iridescence that confirms the coin's originality. Conditionally scarce from a mintage of 551 Proofs, and even more desirable given the low mintage (418,000 pieces) of the circulation strike 1910 Philadelphia Mint Barber half dollar issue.

Lot: 2090 - 1911 Barber Half Dollar. JD-1. Rarity-3-. Proof-68+ Cameo (PCGS). CAC.

Exquisite surfaces are dressed in stunning multicolored toning that includes shades of reddish-orange, sunset-gold, olive-copper and steel-blue. The level of preservation is virtually pristine, the quality of strike outstanding, and the eye appeal is equally exceptional. The 1911 numbers among the lower mintage entries in the Proof Barber half dollar series, with 543 pieces reportedly struck. That offered here is the #2 coin in the list of "Significant Examples" for the issue provided in the 2025 volume in John W. Dannreuther's United States Proof Coins reference series. It is the single finest PCGS-certified specimen in the CAM category, and is a profoundly beautiful Ultra Gem worthy of the strongest bids.

Lot: 2091 - 1912 Barber Half Dollar. JD-1. Rarity-2+. Proof-68 (PCGS). CAC.

This is the finest certified non-Cameo designated Proof 1912 half dollar to have met with CAC approval, and it is one of the most well-known and highly respected coins extant from a mintage of 700 pieces for the issue. Ranked #2 in the author's list of "Significant Examples," this is also the plate coin for the issue in the 2025 volume in the reference series United States Proof Coins by John W. Dannreuther. Simply a delight to behold, the universally reflective surfaces are dressed in a rich mottling of iridescent sunset-orange, antique gold, powder blue, olive-copper and champagne-pink toning. Both the fullness of strike and pristine appearance of both sides are as one should expect for the method of manufacture and assigned grade, respectively. The Simpson and Young-Dakota provenances further confirm the desirability of this awe-inspiring survivor of both the type and issue.

Lot: 2092 - 1913 Barber Half Dollar. JD-1. Rarity-2+. Proof-68+ Cameo (PCGS). CAC.

Enchanting Ultra Gem-quality surfaces are virtually pristine with a silky smooth appearance overall. Both sides are dusted with pinkish-silver iridescence that yields to blushes of warmer rose and powder blue shades at the borders. A full strike and gently cameoed finish further enhance the quality and eye appeal of this stunning specimen. The 1913 Barber half has a Proof mintage of 627 pieces. It is one of the scarcer Proofs of this type, and enjoys heightened demand among date collectors due to the low mintage, key date status of the circulation strike 1913 (just 188,000 coins struck). This is the finest example known to both PCGS and CAC, a true wonder coin that ranks high on the list of highlights in the Young-Dakota Collection.

Lot: 2093 - 1914 Barber Half Dollar. JD-1. Rarity-3. Proof-67+ (PCGS). CAC.

Richly and originally toned with target-like blue, orange-gold, lilac and rose iridescence underlying rich antique copper and smoky gray patina. This lovely Superb Gem is sharply struck with a universally brilliant finish to virtually pristine surfaces. With only 380 coins produced, the 1914 has the lowest Proof mintage in the Barber half dollar series. High quality Proofs such as this have increased desirability to advanced collectors given the low mintage of the Philadelphia Mint's circulation strike half dollar issue of the year (just 124,230 coins struck). This is one of the finest specimens known to PCGS in any category, a lovely coin and remarkable condition rarity that is sure to see spirited bidding at auction.

Lot: 2094 - 1915 Barber Half Dollar. JD-1. Rarity-3. Proof-68 (PCGS). CAC. CMQ.

A jaw-dropping example of the type that ranks as the single finest Proof 1915 Barber half dollar known to PCGS in any category. Dreamy surfaces are dressed in a rich mottling of intensely vivid iridescent toning that includes shades of blue, pink, red, gold, and richer olive and antique copper. Virtually pristine, as befits the assigned grade, with a highly reflective finish in the fields supporting fully impressed motifs. Attractive in all regards - truly a delight to behold. The Proof Barber half dollar series passed into history in 1915 with a mintage of just 450 coins. This is one of the most limited production runs for a Proof of this design type; indeed, only the Proof 1914 has a lower mintage (380 pieces). Also linked by date and issuing mint to a low mintage circulation strike issue - just 138,000 coins - it is little wonder that the 1915 is one of the most eagerly sought Proofs in the Barber series. Combining absolute scarcity with unrivalled condition rarity and awesome eye appeal, the exquisite Ultra Gem Proof offered here is worthy of the strongest bids.

Lot: 2095 - 1820 Capped Bust Dime. JR-6. Rarity-3. Small 0. MS-65 (PCGS). CMQ.

This stunning condition rarity for both the type and die pairing will see spirited bidding among discerning numismatists. It is a lovely Gem adorned with halos of vivid, multicolored peripheral toning that suggest long-term storage in an album. Cobalt blue dominates, but we also note shades of reddish-russet and pinkish-rose. The centers are more or less brilliant, and all areas reveal full, soft, satiny mint luster. Boldly defined from an expertly centered strike and without even trivial distractions. The United States Mint produced 942,587 dimes during calendar year 1820, its most generous output for the denomination up to that point. Given that 1820-dated examples are relatively plentiful (2,500 to 3,750 survivors in all grades, per Winston Zack et al, 2015), it seems likely that most of the coins struck that year were from 1820-dated dies. JR-6 is one of the more frequently encountered die marriages of the issue, although the Wide Border Capped Bust dime as a type is conditionally challenging with even low end Uncirculated coins scarce. This particular variety is also conditionally challenging, and since the PCGS MS-64 that sold as lot 2170 in our March 2021 Auction was cataloged as CC#2, the present Gem in PCGS MS-65 is a CC#1 coin for the 1820 JR-6 dime. The significance of this offering can hardly be overstated.

Lot: 2096 - 1841 Liberty Seated Dime. No Drapery (Drapery Removed). JD-1, Fortin-101. Rarity-8. Proof-67+ (NGC). CAC.

This is an important and exceedingly rare transitional early Liberty Seated dime, similar to the later and more widely known 1859 transitional issue attributed as Judd-233. The 1841 No Drapery is distinct from the "regular" Proof 1841 dime of the With Drapery design type, attributed as Fortin-110, which is unique with only a single specimen positively confirmed. The Proof 1841 No Drapery is nearly

Lot: 2097 - 1848 Liberty Seated Dime. JD-1, Fortin-103. Rarity-7. Proof-65 (PCGS).

Phenomenal quality and strong eye appeal define this significant early Proof Liberty Seated dime rarity. Iridescent undertones of blue, pink and apricot backlight warmer olive-gray and sandy-silver patina. The strike is razor sharp throughout with broad, squared off borders and an appreciable wire rim around both sides. A reflective finish, particularly on the reverse, confirms this coin's Proof status. A highly regarded rarity among early Proof dimes, as are all Liberty Seated issues from the 1840s, the 1848 is represented by probably only eight to 10 distinct specimens. This estimate is per David W. Akers in his cataloging for the Pittman specimen (Pittman I, October 1997, lot 601), who further commented that two of the survivors are permanently impounded in the Smithsonian Institution and ANS collections. The estimated mintage is 10 to 15 pieces, all of which were struck for inclusion in the small number of Proof sets that the Mint prepared that year. The paltry mintage is characteristic for the decade, the Mint still being a dozen years away from striking Proof coins for wider distribution to contemporary collectors. With so few survivors, it should come as no surprise that our offerings for this issue have been limited to a few isolated occasions over the years, several of which are for the same specimen. Indeed, the present offering is our third for this particular Proof 1848 dime. Coming onto the open market again in 2015 after years spent as part of the fabulous Eugene H. Gardner Collection, we suspect that once this coin finds a home in another significant cabinet it will remain there for years, if not decades. The strongest bids are urged for what could be the final chance to acquire an example of this exceedingly rare issue for quite some time.

Lot: 2098 - 1856 Liberty Seated Dime. Small Date. JD-1, Fortin-101. Rarity-5+. Doubled Die Obverse. Proof-66 Cameo (PCGS). CAC. CMQ.

A dazzling specimen of this rare early Proof Liberty Seated dime. Delicate iridescent toning adorns both sides, the peripheries with halos of powder blue that yield to reddish-gold toward the centers. Strike detail is full with the rims broad and framing razor sharp design elements. Stunning reflectivity in the fields contrasts softly frosted devices to provide outstanding cameo contrast. This is a prized rarity in Proof grades as current estimates show between 30 and 40 are known today; the present offering is clearly one of the highest-ranked coins in the Condition Census. These were struck just on the cusp of the large increases in Proof coinage for collectors that came late in this decade. Pressure was building by the time this splendid 1856 dime was struck, with a mintage likely on the order of 50 pieces or so - while the decade prior saw Proof dime mintages of zero to 10 specimens in most years. Not only is this a rare issue today, but collector desire for the finest quality available continues to drive demand for such coins. All known Proof 1856 Liberty Seated dimes were struck from a doubled obverse die that is most readily identifiable by looking at the ribbon upon which the word LIBERTY is inscribed and the bottom of Liberty's gown along the top base of the rock.

Lot: 2099 - 1895-O Barber Dime. MS-63 (NGC).

Condition rarity Select Mint State preservation for this key date Barber dime issue that represents a significant find even in the finer circulated grades. Both sides are softly frosted in finish, predominantly brilliant, but with hints of delicate champagne-gold iridescence at the borders. Well struck, the detail is bold to sharp in virtually all areas. Light clash marks (as made) are noted on both sides, most interestingly on the obverse at Liberty's chin. With a mintage of 440,000 pieces, the 1895-O is the rarest Barber dime in terms of total number of Mint State coins believed extant. We suspect that no more than 50 or so Uncirculated coins are in numismatic hands, with the certified population fairly evenly distributed throughout the MS-60 to MS-65 grade range. That offered here represents a significant find for the advanced collector of Barber silver and/or New Orleans Mint coinage.

Lot: 2100 - 1916-D Mercury Dime. MS-63 FB (PCGS).

This Select Mint State example of a classic 20th century U.S. Mint rarity will surely garner strong bids from advanced collectors. Essentially brilliant on the obverse, the reverse is dressed in pretty champagne-pink and reddish-apricot iridescence that is boldest toward the lower border. The strike is razor sharp in all areas including the all-important crossbands binding the center of the reverse fasces. In sum, this is a lovely piece that offers strong technical quality and eye appeal. The Denver Mint struck just 264,000 coins in the inaugural year of the Mercury dime series, far fewer than at the Philadelphia and San Francisco mints. The entire mintage of the 1916-D was delivered in November of that year, after which Mint Director F.J.H. von Engelken halted dime production at that facility in order to meet an urgent request from the Treasury Department for quarters. Denver Mint Superintendent Thomas W. Annear duly complied, his facility eventually producing 6,540,800 1916-dated Barber quarters. By the time the Denver Mint returned to dime production the calendar had already advanced to 1917. With the lowest mintage in the circulation strike Mercury dime series, the 1916-D is eagerly sought at all levels of preservation, from the lowest circulated grades to sharply struck Mint State as here.

Lot: 2101 - 1918-S Mercury Dime. MS-66 FB (PCGS). CAC.

This beautiful upper end Gem sports full, billowy mint luster and a remarkably sharp strike through the centers. As advanced specialists in this series know all too well, peripheral softness can also be a (significant) problem for many better date Mercury dimes. On this 1918-S, however, we note virtually full detail at the borders with most design elements in those areas crisp and distinct from the rims. There is minor softness at the outside of the letters in the words UNITED STATES OF on the reverse, but this is mentioned solely for accuracy and, in any event, even these letters are fully separated from the rim. Untoned with a lovely bright silver appearance, the significance of this coin will be instantly recognizable to astute Mercury dime enthusiasts. A notorious strike rarity among early date San Francisco Mint issues in this series, survivors of this 19,300,000-piece delivery are seldom offered with Full Bands detail. Additionally, the 1918-S is often poorly struck at the lower crossbands and/or in the date area. None of the typical detractors are seen here, as related above, and with expert surface preservation, as well, this rare PCGS/CAC MS-66 FB example is fit for inclusion in the finest Mercury dime set.

Lot: 2102 - 1919-S Mercury Dime. MS-64 FB (PCGS). CAC.

This exceptional Choice Uncirculated 1919-S dime offers superior quality and eye appeal for this challenging issue. Both sides are brilliant with an intense ice-white appearance to the surfaces. Full frosty luster is noted, as is a remarkably sharp strike that extends from the centers to virtually all peripheral features. One of the more poorly produced issues in the Mercury dime series, the 1919-S (8,850,000 coins struck) is typically encountered with excessively soft detail around the peripheries on one or both sides. Even Full Bands examples, which are rare in their own right, tend to be poorly defined at the borders. With Mint State survivors as a whole scarce, this impressive strike and condition rarity in CAC-approved PCGS MS-64 Full Bands represents an important bidding opportunity for advanced Mercury dime collectors.

Lot: 2103 - 1945-D Mercury Dime. MS-68 FB (PCGS). CAC.

An extraordinary condition rarity in a late date Mercury dime, this 1945-D also offers pretty blue and rose-gold iridescence that enhances the visual appeal. Sharply defined from the rims to the centers, smooth surfaces and billowy mint luster are the primary factors that enthusiasts of the Mercury dime series will immediately notice and appreciate. Wartime production of dimes at the Denver Mint remained strong in 1945, when 40,245,000 coins were delivered for commercial use. Despite its obvious commonness in circulated and lower Mint State grades, conditions were simply not conducive to the survival of virtually pristine examples. That offered here is a particularly fortunate Ultra Gem that has come down to us with exceptional surface quality and eye appeal. It is a Condition Census 1945-D that is destined for inclusion in a top-ranked Mercury dime collection on the PCGS Set Registry.

Lot: 2104 - 1878 Twenty-Cent Piece. JD-1, BF-1. Rarity-3. Proof-66 (CACG).

This gorgeous 1878 twenty-cent piece is beautifully toned throughout both sides in a rich blend of steel-gray, rose-gray, powder blue and reddish-russet colors. It is also appreciably reflective in the fields and sports a crisp strike to even the most intricate design elements. The brief twenty-cent series passed into history in 1878 with a mintage of just 600 Proofs from the Philadelphia Mint. Only the Proof-only 1877 as a date has a lower mintage, both issues eagerly sought by advanced type collectors and twenty-cent enthusiasts alike. We are pleased to be offering high quality survivors of both the 1877 and 1878 in this sale, the present final-year example attractive in all regards and certain to please even the most discerning numismatist.

Lot: 2105 - 1820 Capped Bust Quarter. B-1. Rarity-4. Large 0. MS-64 (PCGS). CAC.

Tompkins Die Stage 1/1, Rea et al. Die State P. Truly stunning Choice Mint State quality for both the type and date, and a particularly important coin for early quarter specialists as a newly confirmed Condition Census example of the scarce 1820 Browning-1 dies. With richly original toning on overall smooth, lustrous and softly frosted surfaces, CAC approval for this coin in its PCGS MS-64 holder was virtually guaranteed. Rich pewter-mauve patina gives way to even bolder charcoal-olive around the design elements. Both sides are well centered within fully denticulated borders, the high points of Liberty's hair and the eagle's head and talons displaying the often-seen softness for the type, but the detail otherwise sharp and the in-hand appearance impressively bold. No marks or other blemishes of even a trivial nature are evident on carefully preserved surfaces. The 1820 is the fourth date in the Capped Bust quarter series designed by John Reich. The mintage for that calendar year is 127,444 pieces, although we have no way of knowing whether or not that total corresponds to the mintage from 1820-dated dies. The early United States Mint often used dies randomly and until they broke irretrievably without regard for year of issue, as high quality steel for making dies was in short supply. With five die marriages known and examples among the more available Large Diameter Capped Bust quarters, some 1820-dated examples were likely also included in the reported delivery of 216,851 quarters achieved in 1821. Browning-1 is the second scarcest attribution of this issue, following the B-5 Small 0. The Eliasberg-Pogue specimen in PCGS MS-66 is the finest known 1820 B-1 quarter in circulation strike format. The only other confirmed Mint State example in both the 2008 Tompkins and 2010 Rea et al. censuses is the Tompkins plate, NGC MS-64, that most recently appeared in Heritage's January 2023 FUN Signature Auction. Since publication of those rosters PCGS has certified an MS-63+, and our February 2026 sale of the Dean Oakes Family Collection first brought this PCGS/CAC MS-64 to market. Comfortably ranked as CC#2 behind the Eliasberg-Pogue specimen, the Dean Oakes Family coin will impress both early quarter variety specialists and advanced type collectors. We expect spirited bidding that results in a strong price as this coin transitions into another world-class numismatic cabinet.

Lot: 2106 - 1820 Capped Bust Quarter. B-4. Rarity-2. Small 0. MS-66 (NGC).

Tompkins Die Stage 2/2, Rea et al. Die State P. Delightful golden-tan patina dominates this impressive Gem, revealing vibrant splashes of olive-gold and turquoise-blue iridescence surrounding the design elements. The eye appeal is strong and the surfaces remain virtually untouched beneath a glass. A light prooflike reflectivity is noted in the fields which contrasts the more satiny luster that blankets the devices. Well centered with a sharp ring of denticles on both sides. This is a truly historic offering that boasts provenance to some of the most prominent numismatists of the past century. It was purchased privately by John M. Clapp from the Chapman brothers in January 1900 and was later passed to Louis E. Eliasberg, Sr. as part of the Clapp estate in 1942. We first had the pleasure of offering this piece in our (Bowers and Merena's) legendary sale of the Eliasberg Collection in April 1997, where it was recognized for it's "Condition Census Quality" and "strong, mirrored fields." More recently, it was included in the magnificent collection of Eugene H. Gardner, which further testifies to the superior quality. It sits at the top of the Condition Census by a clear margin, ranked at CC#1 by both the Tompkins (2008) and Rea-Koenings-Haroutunian (2010) censuses. It ranks above even the Proof from the Norweb Collection graded Proof-64 by PCGS and the historic Newman specimen now graded PCGS MS-64. This Gem remains important even within the wider 1820 Small 0 issue and is notably tied with the PCGS MS-66 Browning-5 from the Pogue Collection. Only two coins have been graded finer by NGC across all 1820 varieties, though this likely includes the Newman specimen that has since been certified MS-64 by PCGS, as previously mentioned.

Lot: 2107 - 1873 Liberty Seated Quarter. Arrows. JD-1. Rarity-2+. Proof-66+ (PCGS). CAC. CMQ.

This richly original Gem is dressed in dominant olive-gay patina with strong underlying iridescence of cobalt blue, antique gold and champagne-pink. The surfaces are smooth and inviting overall with a razor sharp strike from the dies. Only 500 Proofs of the 1873 With Arrows quarter were produced according to government records, and many of these are still available for today's collectors. However, the median grade for survivors is Proof 64, with many coins impaired by hairlines or other signs of mishandling. Upper end Gems such as this are nothing short of rare.

Lot: 2108 - 1874 Liberty Seated Quarter. Arrows. Briggs 4-C. MS-67 (PCGS).

The exquisite frosty surfaces of this quarter are enhanced by bold crescents of cobalt blue, salmon pink and reddish-orange peripheral toning on the obverse. On the reverse, thin ribbons of pinkish-rose are seen around the border, while the rest is brilliant. Fully struck throughout with silky smooth surfaces that are very close to numismatic perfection. During the 1870s, silver became the focus of considerable attention. Huge amounts of the metal ore were being mined in Nevada's Comstock Lode. Additionally, a massive quantity of the metal was released by France and Germany when they adopted the gold standard. These factors helped to drive down the price of silver worldwide. To address this concern and mollify the silver barons in the American West, the Coinage Act of February 12, 1873, was passed, demonetizing silver and effectively putting the United States on the gold standard. One minor addition to the bill was an ever so small increase in the weight of the remaining silver denominations. For the quarter this translated to an increase from 6.22 grams to 6.25 grams, an almost insignificant amount. The Mint added arrows on either side of the date as it had done in 1853, with the last weight change. These arrows proved to be essentially superfluous so they were removed after 1874. A moderate number of 1874 quarters survive, though primarily in circulated grades. Choice Mint State examples can be found, but locating a Gem can be very challenging. The present example is the only MS-67 graded by PCGS, and it is the single finest certified at that service. Here is a superb exemplar of D. Brent Pogue's eye for only the finest.

Lot: 2109 - 1892 Barber Quarter. Type I Reverse. MS-67+ PL (PCGS). CAC. CMQ.

While there are certainly many Mint State 1892 quarters from which to choose in today's market, most of which are attractive for the grade assigned by PCGS or NGC, the present example has few equals in terms of either technical quality or eye appeal. It represents one of only five (!) grading events for the issue in the PCGS Prooflike category, in fact, and at PCGS/CAC MS-67+ PL it is alone at the top of the population report for both certification services. Both sides boast scintillating reflectivity in the fields that supports fully struck, softly frosted motifs. A few wisps of pale champagne-pink iridescence at the peripheries further enhance the eye appeal, but the overall appearance is one of silver-white brilliance. Virtually pristine and temptingly close to an Ultra Gem grade. The Barber quarter debuted in 1892 with circulation strike mintages from the Philadelphia, New Orleans and San Francisco mints, as well as a delivery of 1,245 Proofs from the Pennsylvania facility. With a mintage of 8,236,000 coins and an above average rate of survival as a first year issue, the circulation strike 1892 is one of the most popular type candidates in this series. This gorgeous coin would do justice to the finest cabinet and will certainly sell for a strong premium. The Type I Reverse hub was used only in 1892. It is identifiable by looking at the letter E in UNITED, whose crossbar is plainly visible. On the Type II and III Reverse hubs, the tip of the eagle's wing covers the crossbar.

Lot: 2110 - 1895 Barber Quarter. MS-67 (PCGS). CAC.

Among the finest seen for the issue by both PCGS and CAC, this dazzling Superb Gem is a brilliant, satiny specimen with a stunning "just struck" look. Totally untoned and virtually pristine, the velvety surfaces are aglow with luster and support sharply to fully struck devices. A shallow reverse strikethrough (as made) between the arrow heads and the eagle's left wing is mentioned solely as an identifier for provenance purposes; there are no troublesome marks, as befits the assigned grade. The 1895 is a bit more obtainable in Mint State than the 1894. Both issues qualify as "better dates" among circulation strike Barber quarters from the Philadelphia Mint. In PCGS/CAC MS-67 the offered coin ranks among the finest certified for this underrated issue. Worthy of the strongest bids.

Lot: 2111 - 1896-S Barber Quarter. MS-65 (NGC).

This is one of the three key issues to the Barber quarter series with a tiny mintage of 188,039 pieces for the year. Gems are highly prized and extremely rare. The offered coin has a provenance going back to the year it was struck. Exceptional russet-gold iridescent toning is seen on both sides. The depth of the strike is fantastic and the entire obverse is sharp, as is the reverse, right down to the eagle's talons. The surfaces are splendid with minimal signs of bag handling, and have obviously had careful storage for over a century. A prize that simply cannot be duplicated today. Produced in an era when collecting mintmarked coinage was just beginning to gain momentum (Augustus G. Heaton's Treatise on Coinage of the United States Branch Mints was published in 1893), most 1896-S quarters slipped quietly into circulation and remained there until worn out or lost. While low grade examples appear fairly regularly, problem free VF, EF and AU coins are highly elusive. Even rarer are Mint State survivors. The present Gem offers high grade and outstanding eye appeal and will be just right for an advanced collection of Barber coinage. Numismatists have identified two reverse dies for this issue. This coin was struck from the first reverse with the mintmark centered between the letters R in QUARTER and D in DOLLAR.

Lot: 2112 - 1898 Barber Quarter. JD-1. Rarity-2+. Proof-67+ Deep Cameo (PCGS). CAC. CMQ.

The satiny snow-white design elements float untethered amid deeply reflective fields. A hint of bronze toning accents Liberty's neck, the otherwise brilliant surfaces remaining entirely free of distractions even under magnification. Sharply struck and captivating to review in direct lighting. Along with the Proof issues of 1896 and 1897, the 1898 is the most consistently well produced and attractive in the Barber and Morgan silver series. Even so, few survivors from a mintage of 735 Proofs for the 1898 quarter are as exquisite as this gorgeous specimen. Perhaps only 15 to 20% of these display enough contrast to support a Dep/Ultra Cameo designation, and most of those are typically in grades of Proof-67 and lower. At PCGS/CAC Proof-67+ Deep Cameo, the present piece is among the very finest certified for both the date and type. With only 16 coins certified finer by PCGS in this category, our offering of this coin represents an important bidding opportunity for both type collectors and Barber silver enthusiasts.

Lot: 2113 - 1905-S Barber Quarter. MS-67 (PCGS). CAC.

As the single highest graded 1905-S quarter to have received CAC approval, most collectors would consider this the CC#1 coin for the issue. It is a lovely premium Superb Gem with smooth, lustrous, softly frosted surfaces. Otherwise brilliant, partial halos of reddish-gold iridescence decorate the borders and provide even further eye appeal. The strike is sharp, the eye appeal outstanding. One of the finest 1905-S Barber quarters known to us is the Eliasberg specimen in PCGS MS-67, which J.M. Clapp acquired directly from the San Francisco Mint in November of that year. The Pogue coin is also noteworthy, a PCGS/CAC MS-66+ that brought $7,200 in our March 2020 Auction. That offered here bests both of those in terms of certified ranking. It is an example that will enhance any Barber quarter set in which it is included.

Lot: 2114 - 1914 Barber Quarter. JD-1. Rarity-3+. Proof-67+ Cameo (PCGS). CAC.

An angelic Superb Gem Proof with delicate champagne-pink iridescence that appears to drift toward the borders. Bottomless and reflective fields frame the richly frosted devices, imparting strong cameo contrast on both sides. Attractive and free from notable marks or handling, this PCGS/CAC Proof-67+ Cameo example is among the very finest known for the issue. Struck to a tiny quantity of just 380 pieces, the 1914 Barber quarter boasts the lowest Proof mintage of the entire series. Only 300 to 350 are thought to survive for today's collectors, with fewer qualifying as Gem Proof or finer. This availability is further limited when production quality is taken into account, as very few show the necessary contrast to qualify for a Cameo designation. This virtually pristine Superb Gem is a remarkable exception and will surely interest advanced specialists of the series.

Lot: 2115 - 1916 Standing Liberty Quarter. EF-40 (PCGS).

Warmly toned in a pearl gray with enhancing blushes of reddish-russet nestled within the protected areas around and among many of the design elements. This attractive EF is boldly defined in the absence of all but light wear. Free of significant marks, as well, it is a highly desirable circulated survivor of this key date issue. Hermon A. MacNeil's Standing Liberty quarter design of 1916 is generally considered one of the high-water marks of American coin design, along with the Winged Liberty (a.k.a. "Mercury") dime and Walking Liberty half dollar. Although it is widely believed that the addition of the chain mail to Liberty was precipitated due to widespread public outcry regarding the exposed breast, there is no evidence that this was the case. The chain mail was actually added to symbolize Liberty's preparedness to defend the nation with the coming of the United States' involvement in World War I. The 52,000 1916-dated quarters were struck late in the year and released in mid-January alongside the first 1917-dated quarters. The small mintage and the simultaneous release meant that interest in the new design was not confined to just the 1916 quarters and, with far more coins struck, the 1917 Type I is the issue that met most of the public demand for keepsakes of the new quarter design. Consequently, 1917 Type I quarters are far more available than their 1916 counterparts, the latter one of the most highly regarded and sought after 20th century U.S. Mint issues.

Lot: 2116 - 1916 Standing Liberty Quarter. VF-25 (PCGS).

A coin that has much to offer collectors seeking to assemble a complete date and mint set of Standing Liberty quarters. This key date 1916 exhibits dominant pewter gray patina with enhancing olive-russet in the protected areas around many of the design elements. We note universally bold definition for the assigned grade, and none but a few widely scattered marks that are largely concealed during in hand viewing.

Lot: 2117 - 1926-D Standing Liberty Quarter. MS-65 FH (PCGS). CMQ.

Remarkable strike and condition rarity for the 1926-D quarter, a challenging Standing Liberty issue to locate in all grades within the certified Full Head designation. This piece is free of detracting blemishes, as the MS-65 numeric grade from PCGS would suggest, with the bit of light granularity on the reverse an as-made feature indicative of a worn die. The detail on that side softens a bit here and there at the border, again due to the worn die, but the balance of the features on both sides are sharply to fully struck. Lightly toned about the rims, and nearly brilliant in the centers, this coin will serve as a highlight in the next advanced Standing Liberty quarter set in which it is included. The mintmarked issues from 1926 are among the rarest Standing Liberty quarters with Full Head strike detail. Both have fewer than 1% of their mintages sharply struck (per J. H. Cline, 2007), and both are typically offered with very poor definition that usually includes a completely flat head on Liberty's portrait. Precious few Denver Mint examples can match the present Gem.

Lot: 2118 - 1929 Standing Liberty Quarter. MS-67+ FH (NGC).

A jewel of a coin in a 1929 Standing Liberty quarter, this virtually pristine Superb Gem really needs to be seen to be fully appreciated. Silky smooth surfaces are bursting with full, intense, satiny mint luster. The in-hand appearance is largely one of sparkling silver-white brilliance, although the most discerning viewer will appreciate delicate champagne-gold highlights. Fully struck and crisp throughout the design, both the MS-67+ numeric grade and coveted FH designation from NGC are equally justified. The penultimate Philadelphia Mint issue in this series, the 1929 has a respectable mintage of 11.1 million pieces. What's more, J.H. Cline reports in his 2007 reference Standing Liberty Quarters that 50% of that total emerged from the dies with Full Head definition. Clearly this is an ideal issue to focus on when pursuing a single coin to represent the Standing Liberty quarter in a high quality Mint State type set. As with all classic U.S. Mint issues, however, there comes a grade point at which the 1929 develops into a formidable condition rarity. That grade is MS-66+. The issue actually tops out quickly thereafter in MS-67+ FH as far as certified grades are concerned, confirming the awesome significance of the present offering for advanced numismatists.

Lot: 2119 - 1939-D Washington Quarter. MS-68 (PCGS).

A "wonder coin" among 1939-D Washington quarters, the eye appeal is outstanding and derived largely from exceptionally vivid toning in mottled salmon-pink, cobalt blue, reddish-orange and emerald-green that leaves areas of silvery brilliance in and around the central obverse. Technical quality is no less remarkable, both sides sharply struck, highly lustrous, and free of even the most trivial blemishes. This virtually pristine example will nicely represent this semi-key date 1930s quarter issue with a mintage of 7,092,000 coins. It is tied for finest graded by PCGS and will appeal to advanced Washington quarter collectors and Set Registry participants.

Lot: 2120 - 1822 Capped Bust Half Dollar. O-106. Rarity-2. MS-65 (PCGS). CAC.

Die State 106.1. A highlight of the Bust half dollars in this sale, this is a glorious Gem that really needs to be seen to be fully appreciated. Both sides are originally and attractively toned with iridescent olive and pinkish-gold peripheral highlights to otherwise sandy-silver surfaces. Intensely lustrous and fully struck, a noteworthy absence of even trivial blemishes further enhances this coin's incredible appeal. The die state is the earliest known for the 1822 Overton-106 attribution, the obverse with six die lines (as made) at the border below star 13. Writing in the Spring 2026 revision to his AMBPR for Bust half dollars, Stephen J. Herrman reports a single MS-66 as CC#1 for this attribution. The present example is tied for CC#2 with two other MS-65s in that listing, one each for the O-106 and O-106a die states. Whether they are an advanced type collector or discerning Capped Bust half dollar enthusiast, the interested bidder would be wise to pursue this offering with vigor.

Lot: 2121 - 1826 Capped Bust Half Dollar. O-118a. Rarity-1. MS-65+ (PCGS). CAC.

Die State 118.3. This lovely upper end Gem ranks as CC#5 for the 1826 O-118a attribution in the Autumn 2025 revision to Stephen J. Herrman's Auction & Mail Bid Prices Realized for Bust Half Dollars: 1794-1839. It is a fully lustrous, satin to softly frosted beauty with delicate toning in antique silver, olive-gray, power blue and golden-apricot iridescence. The appearance is undeniably original, and the quality is outstanding with no troublesome marks. A well executed, bold to sharp strike rounds out an impressive list of attributes for this highly significant Capped Bust half dollar.

Lot: 2122 - 1851 Liberty Seated Half Dollar. WB-6. Rarity-4. MS-66 (CACG).

Awe-inspiring quality and undeniable originality for this low mintage, conditionally challenged California Gold Rush era silver issue. Both sides are dressed in a rich mottling of steel-olive and russet iridescence, the reverse with a base of sandy-gray, obverse with areas of antique silver shining forth nicely. The luster is strong, direct lighting angles allowing best appreciation of an intense frosty finish that includes subtle hints of reflectivity in the fields. Fully struck with crisp detail throughout the design, a lack of even trivial distractions completes a picture of superior numismatic quality for this stunning Gem. The 1851 half dollar has a mintage of just 200,750 circulation strikes, reflecting the fact that by the early 1850s the bullion value of newly minted silver coins exceeded their face value. In 1851, for example, $100 in face value of silver coins was worth on average $103.40. Most 1851 half dollars were gathered up by speculators shortly after minting and were eventually melted for their precious metal content, many after export to Europe through the London market. The few survivors are generally lightly circulated or, as here, Mint State. Well worn examples are exceedingly rare and represent coins that were exported at the time of issue and repatriated after years of extensive commercial use in Canada or Latin America. The present example is one of the nicest Uncirculated 1851 half dollars we have ever handled, and it is sure to find its way into an advanced Liberty Seated half dollar collection.

Lot: 2123 - 1859 Liberty Seated Half Dollar. Proof-66 (PCGS). CAC. CMQ.

This is an elusive issue even in lower grades, the present upper Gem offering exceptional quality and eye appeal that will appeal to even the most discerning collectors. Originally and attractively preserved, both sides exhibit partial halos of copper-blue peripheral toning that yield to softer golden-russet patina elsewhere. Viewing with the aid of direct lighting calls forth not only iridescent undertones of blue, pink and apricot-gold, but nice reflectivity to the finish in the fields. The design motifs are sharply struck with a softly frosted texture, and the entire package is silky smooth in appearance. Proof 1859 half dollars are remarkably scarce in today's market despite the production of 800 coins. These were struck at a time when the Mint was just beginning to market yearly Proof coinage to collectors, and the mintage of 800 pieces proved overly optimistic relative to actual sales. Those examples that remained undistributed by year's end were either melted or later released into commerce, in either case the coins lost to future generations of numismatists.

Lot: 2124 - 1868-S Liberty Seated Half Dollar. WB-3. Rarity-2. High Date. MS-65 (PCGS). CAC.

Offered is an exceptional example of a heavily circulated issue in the early San Francisco Mint half dollar series. Intensely lustrous in a satin to softly frosted texture, both sides are further enhanced by light sandy-gold iridescence, the obverse also with splashes of warmer russet and steel-blue patina. Sharply struck in general, accuracy alone compels us to mention a hint of softness along the upper obverse border, but most other areas are fully defined and crisp. Free of even the most trivial distractions, this is an awe-inspiring Gem with few peers among Mint State 1868-S half dollars. The mintage of this issue is a not overly generous 1,160,000 pieces, which was achieved at a time when San Francisco Mint silver coinage was in strong demand for commercial use in the American West. Indeed, the vast majority of 1868-S half dollars were worn out and eventually lost in circulation, and even problem free AU examples are elusive under normal market conditions. In Mint State this issue is rare, indicative of the lack of numismatic activity in California during the middle and later decades of the 19th century, as well as the fact that contemporary collectors in the East were focused almost exclusively on Proof coinage from the Philadelphia Mint. This PCGS/CAC example ranks near the top of Condition Census for the issue, and is the finest 1868-S half dollar that we have offered in recent memory.

Lot: 2125 - 1879 Liberty Seated Half Dollar. JD-1, WB-101. Rarity-2+. Type I Reverse. Proof-67 Cameo (PCGS). CAC.

A splendid strike that is razor sharp to full is one of the first features that greets the viewer from both sides of this stunning specimen. It is certainly not the only positive attribute, for the surfaces are virtually pristine and sport strong field to device contrast. Untoned in the centers, the peripheries are ringed in halos of vivid reddish-orange iridescence that complete a picture of numismatic elegance. Only 1,100 half dollars were struck in Proof for this year, furthermore circulation strike production collapsed as demand for new coins in circulation plummeted to negligible levels. The result is that the 1879 is an eagerly sought date among Liberty Seated half dollar specialists, and the inclusion of this Superb Cameo Proof will certainly enliven even the most advanced collection.

Lot: 2126 - 1880 Liberty Seated Half Dollar. WB-102. Type II Reverse. MS-66+ (PCGS). CAC.

Highly lustrous with a semi-prooflike finish from the dies. The devices are frosty and the fields are slightly reflective, which serve to highlight the bold strike on both sides of this lovely upper end Gem. Additionally, the medium gray obverse center gives way to rich, broad halos of deep crimson, violet, and midnight-blue, while the reverse is chiefly bright iridescent peach at the top with broad crescents of bright neon blue and faint sea green at the bottom. The 1880 is from an era of low mintage circulation strike half dollars that commenced in 1879 and continued through the end of the Liberty Seated series in 1891. Many numismatists believe that these limited mintages resulted from the Mint's focus on Morgan dollar production, which had been authorized by the Bland-Allison Act of February 28, 1878. The real reason, however, is more complex and goes back to the earliest days of the Civil War. As the anticipated quick victory over the Confederacy failed to materialize and the outcome of the conflict became uncertain, silver coinage disappeared from circulation in the North and Midwest by the summer of 1862. The end of the Civil War in 1865 did not result in an immediate return of silver to active circulation, and hoarding continued throughout much of the Reconstruction era. April of 1876 finally saw the resumption of silver specie payments and the return of silver coinage to the channels of commerce in the East and Midwest. (Gold and silver remained in circulation on the West Coast throughout the Civil War and Reconstruction eras.) In anticipation of the resumption of silver specie payments, the Treasury Department ordered the mints to increase production of dimes, quarters and half dollars. The Philadelphia, San Francisco and, to a lesser extent, Carson City facilities duly complied, producing large quantities of coins from 1875 through 1877/1878. What the Treasury Department did not anticipate, however, was that the resumption of silver specie payments would suddenly result in the release of many hoarded earlier-dated coins. These older coins flooded the market alongside the newly minted coins of 1875 to 1877/1878, creating an oversupply that sharply reduced the need for new coinage. In the case of the half dollar, demand for new coinage remained low until the introduction of the Barber design type in 1892. The circulation strike 1880 was produced to the extent of just 8,400 pieces and survivors have long been popular. This issue is legitimately scarce in all grades, although speculation by contemporary numismatists who noticed the small mintage means that Uncirculated examples are available with patience. As an aesthetically pleasing premium quality Gem, however, the coin offered here is rare from a condition standpoint. Qualifying as Condition Census, in fact, this beautiful example represents an important bidding opportunity for Set Registry and other quality conscious collectors.

Lot: 2127 - 1887 Liberty Seated Half Dollar. WB-101. MS-67 (PCGS). CAC. CMQ.

This is a Superb Gem Uncirculated quality example of a popular low mintage issue from the later Liberty Seated half dollar series. Lustrous with a fully frosted finish, both sides are brilliant with a dazzling ice-white appearance. Sharply struck in virtually all areas with an exceptionally smooth appearance that will please even the most discerning numismatist. Production of this denomination remained low in 1887 as the nation's economy continued to absorb a backlog of previously hoarded silver coins that had disappeared from commerce in the eastern United States early in the Civil War. Only 5,000 circulation strike half dollars were delivered for the year, all struck at the Philadelphia Mint. Along with the other low mintage half dollars produced beginning in 1879, the 1887 is among the more eagerly sought issues in the Liberty Seated series. It is seldom found in Gem condition, let alone Superb Gem as offered here. This piece delivers excellent eye appeal to match the superlative surface quality.

Lot: 2128 - 1893-O Barber Half Dollar. MS-66 (PCGS).

This lovely Gem exhibits peripheral toning in powder blue with even more vivid, gently mottled reddish-apricot iridescence adorning the balance of the surfaces. All areas are fully frosted in finish, and most also show razor sharp to full strike detail. As with virtually all New Orleans Mint issues of the type, the 1893-O is a conditionally challenging Barber half dollar that is usually available in only the lowest circulated grades. The scarce Mint State survivors are largely confined to the MS-62 to MS-64 range, and even in MS-65 this is a rare date. The number of MS-66s can be counted on two hands, if not one, and there are no Superb Gems listed at either of the major certification services. Whether competing for top ranking on the Set Registry or simply assembling a world-class collection of this challenging and underrated series, the advanced Barber half dollar specialist would be wise to pursue this offering with vigor.

Lot: 2129 - 1897 Barber Half Dollar. JD-1. Rarity-2. Proof-67 Deep Cameo (PCGS). CAC. CMQ.

Superior quality and phenomenal eye appeal that will appeal to both type and date collectors. Both sides of this lovely Superb Gem are fully untoned with a bright, brilliant, silver-white appearance. The cameo finish is profound and readily appreciable at all viewing angles. Fully struck, as befits the method of manufacture, and expertly preserved to border on pristine. Proof half dollar production in the United States Mint remained steady in 1897, the mintage of 731 coins comparable to those achieved for the preceding five issues in the Barber series. This issue is the easiest in its series to locate with a Deep/Ultra Cameo finish as certified by PCGS and NGC, although such coins are scarce in an absolute sense and exceedingly rare in the finest grades, as here. One of the most pristine-looking Proof Barber half dollars of any date that we have ever offered, in fact, this outstanding Superb Gem is highly recommended for inclusion in an advanced cabinet.

Lot: 2130 - 1897-S Barber Half Dollar. MS-66 (PCGS). CAC.

An extraordinary premium Gem from an issue that can be elusive even in circulated grades. This is a lovely coin with a razor-sharp strike on both sides and bountiful satin to softly frosted luster. The surfaces are smooth and attractive beneath a dusting of iridescent pinkish-silver and olive-gray patina. As a rule, the New Orleans and San Francisco mint Barber half dollars of 1892 to 1915 saw extensive commercial use and the typical survivor is a well worn coin in AG, Good or VG. With a mintage of 933,900 pieces, the 1897-S is scarcer than most issues in this group, even in worn condition. In Mint State the 1897-S is rare, the few coins extant at that level likely set aside by contemporary numismatists. Exceptionally well preserved with eye appeal to spare, this upper end MS-66 is among the finest certified and would do justice to even the most advanced cabinet. Outstanding!

Lot: 2131 - 1900-O Barber Half Dollar. MS-66 (PCGS). CMQ.

Offering exceptional quality and eye appeal for a New Orleans Mint Barber half dollar, this coin displays universally sharp strike detail and full mint luster. The surfaces border on pristine and fully untoned with a brilliant appearance. With this year the curtain rings down on New Orleans Mint coinage. The facility was used as a storage depot for many years afterward, then shuttered. Its final contribution to the half dollar series amounted to a mintage of 925,400 pieces and the limited mintage explains why the 1909-O is challenging to locate in the finer circulated grades. In Mint State it numbers among the scarcer late date issues of its type. One would be hard pressed to find a more appealing example in the current market than the Condition Census Gem offered here.

Lot: 2132 - 1901-S Barber Half Dollar. MS-66 (PCGS). CAC. CMQ.

Dominant pearl gray patina is seen on both sides of this fully original Gem with some vivid reddish-apricot peripheral highlights. The strike is razor sharp and the surfaces display smooth frosty luster. Among Barber half dollars minted from 1892 to 1915 the 1901-S is front row, center in terms of its elusive quality, especially in high grades. The mintage is modest with just 847,044 pieces produced. The presently offered 1901-S Barber half dollar compares readily to Eliasberg: 2093 (April 1997, called MS-66 and offered uncertified), a specimen that was purchased at the San Francisco Mint in March 1901 by J.M. Clapp. We suspect many Barber half dollar specialists will queue up for an opportunity to bid on this beauty.

Lot: 2133 - 1903 Barber Half Dollar. MS-66 (PCGS).

This endearing Gem exhibits crescents of reddish-apricot, cobalt blue and antique gold peripheral toning, the colors most expansive along the lower right obverse border. The centers are veiled in pale silvery tinting, all areas fully lustrous with a soft satin texture. Fully defined and expertly preserved, it is little wonder that this coin ranks among the finest circulation strike 1903 half dollars known to PCGS. Writing in his 1991 reference on Barber half dollars, David Lawrence sums up the significance of this offering when he describes the 1903 as: "One of the real 'sleepers' in the series. Much tougher [sic] than its mintage indicates in all grades...Where have they all gone? Nice, original lustrous specimens are extremely hard to find." Dave Bowers agrees, the comment in his 2019 Guide Book on Barber Silver Coins also providing one clue to the mystery of this issue's rarity in the finest grades: "Another high-mintage Barber half dollar of which gem-Mint State coins are rare. Interested collectors at the time ordered Proofs." A surprise condition rarity from a relatively generous mintage of 2,278,000 circulation strikes, here is an important bidding opportunity for the sharp-eyed bidder.

Lot: 2134 - 1903-S Barber Half Dollar. MS-66 (PCGS).

A lovely Gem example of this scarcer, more conditionally challenged issue in the 20th century portion of the Barber half dollar series. Silky smooth in texture with a lively satin finish, both sides are further adorned with soft champagne-pink and powder blue iridescence. Boldly, if not sharply struck throughout, and a delight to behold. The 1903-S was produced to the extent of 1,920,772 pieces, a more limited mintage for the type. Scarce to rare in all but the lowest circulated grades, Gems are solidly in the latter category and usually appear at auction only once in a long while. A fleeting bidding opportunity for the advanced Barber half dollar collector.

Lot: 2135 - 1905 Barber Half Dollar. MS-67 (PCGS). CAC.

A celebrated example that ranks as one of the very finest Mint State 1905 half dollars seen by both PCGS and CAC. It is a truly captivating Superb Gem with original toning to smooth, lustrous, satin-textured surfaces. The obverse is the lighter of the two sides with speckled russet overtones to a base of pearl gray, while the reverse is dressed in bolder, gently mottled olive-russet. Both sides are sharply struck and impressive to examine under a light source. The 1905 Barber half dollar is an elusive Philadelphia Mint issue, a date that saw a production run of just 662,000 circulation strikes. This represents the 11th lowest mintage figure of any issue in the series, and just 3,000 are thought to survive in all grades. Only 50 of these remain in grades of MS-65 or higher, and Superb Gems are virtually non-collectible. At PCGS/CAC MS-67, the present example is a magnificent condition rarity that is an ideal candidate for an advanced collection on the firm's Set Registry.

Lot: 2136 - 1907-S Barber Half Dollar. MS-66 (PCGS).

This richly original example exhibits dominant olive-apricot patina that yields to dazzling target-like undertones of iridescent red, gold, blue and pink as the surfaces dip into direct lighting. Boldly to sharply struck in most areas, both sides are fully lustrous and uncommonly smooth for a circulation strike Barber half dollar irrespective of date or issuing mint. As with most mintmarked issues in this conditionally challenged series, the 1907-S was produced in limited numbers (1,250,000 coins) and saw extensive commercial use. The typical survivor is well worn in grades such as Good or VG, and even problem free EFs and AUs are elusive. Mint State examples are scarce and generally represent coins set aside by contemporary numismatists. Among the finer certified in today's market, this beautiful upper end Gem would make an impressive addition to an advanced cabinet.

Lot: 2137 - 1910 Barber Half Dollar. JD-1. Rarity-3. Proof-68 (PCGS). CAC. OGH.

Splashes of silver brilliance mingle with intense rainbow shades on the obverse, while the reverse is given over chiefly to deep orange, electric blue and violet highlights. A splendid specimen in all regards, a beautiful Ultra Gem that challenges the viewer to find a surface disturbance of any size. Indeed, the present specimen is so perfectly preserved that PCGS saw fit to give it the first of only two Proof-68 grades awarded for the issue. If you enjoy premium quality and vivid toning, we know you'll love this Barber half dollar!

Lot: 2138 - 1916 Walking Liberty Half Dollar. MS-66+ (NGC). CAC.

This beautiful upper end Gem exhibits delicate pinkish-gold iridescence to full, billowy mint luster. Satiny in texture with a sharp to full strike, expertly preserved surfaces are also of note for this impressive condition rarity. Saved in significant quantities as a first year issue, the 1916 is more plentiful in Mint State than a limited mintage of 608,000 pieces might imply. Demand for this popular date remains strong, however, with the result that high grade examples in MS-64 and MS-65 are scarce from a market availability standpoint. In MS-66/66+ the 1916 is very scarce in an absolute sense, and with the quality and eye appeal it possesses, the present example with CAC approval is sure to sell for a strong premium.

Lot: 2139 - 1917-D Walking Liberty Half Dollar. Reverse Mintmark. MS-66 (CACG).

Stunning and unsurpassable premium Gem Mint State preservation for this conditionally challenged early date Walking Liberty half dollar issue. Softly lustrous surfaces are satiny in texture with subtle champagne-gold iridescence that appears to drift toward the borders. Well struck with sharp to full detail throughout, both sides are uncommonly well preserved. In 1917 the mintmarks on half dollars were found on both the obverse and the reverse, though beginning in 1918 they were placed on the reverse only, remaining there through the Franklin half dollar series. Though the 1917-D half dollar with reverse mintmark is somewhat more available in circulated grades than its obverse mintmark counterpart, in Mint State grades the reverse mintmark style is considerably scarcer and more desirable, especially in MS-65 and higher grades, as here. Those seeking an eye-catching and truly significant example need look no further than this pop 1/0 example at CACG.

Lot: 2140 - 1917-S Walking Liberty Half Dollar. Obverse Mintmark. MS-65 (PCGS).

This is a lovely example of a leading condition rarity among Walking Liberty half dollars. Both sides present as untoned apart from a crescent of reddish-apricot iridescence lining the upper obverse border. The strike is impressively sharp with full detail to all but a few isolated design features. Lustrous with the characteristic stippled texture of an early date half dollar of this type, the surfaces are uncommonly well preserved and worthy of the Gem Mint State grade. The 1917-S Obverse Mintmark keeps company with eight other issues in the Walking Liberty series that had mintages of fewer than one million pieces. Only 952,000 half dollars were struck in 1917 with this mintmark placement, in fact, and for many years this was considered one of the key dates to the series. Today, however, the 1917-S Obverse Mintmark is known to be fairly available in grades from About Uncirculated to MS-63. In MS-64 and MS-65 it remains rare, the PCGS-certified Gem offered here worthy of strong bids.

Lot: 2141 - 1919 Walking Liberty Half Dollar. MS-66 (PCGS).

This is an exceptionally well preserved and attractive example of an issue that is scarce even in lower Mint State grades. Virtually full in strike detail, both sides also offer full mint luster in a smooth frosty texture. Strikingly toned, as well, we note swaths of gently mottled iridescent gold and reddish-russet colors bisecting both sides. Instantly recognizable as a key date issue, the 1919 has one of the lowest mintages in the Walking Liberty half dollar series with just 962,000 coins struck. It is ninth rarest in Mint State of the 26 issues between 1916 and 1933, ranking behind only the 1921-S, 1919-S, 1919-D, 1921-D, 1920-D, 1917-S Obverse Mintmark, 1921 and 1923-S. Gems are in the distinct minority among survivors, and the present example would serve as a highlight in even the finest Walking Liberty half dollar set.

Lot: 2142 - 1921-D Walking Liberty Half Dollar. MS-63 (PCGS). CAC.

This beautiful 1921-D is an uncommonly well preserved example of one of the most eagerly sought Walking Liberty half dollar issues. Satin to softly frosted luster enhances surfaces that are untoned with an endearing silver-gray appearance. A lovely Select Mint State example that will certainly elicit strong bids when it crosses the auction block. With just 208,000 pieces produced, the 1921-D has the lowest mintage in the series. The most elusive and desirable survivors are those in Mint State, of which only 275 to 375 pieces are believed extant. This scarce PCGS/CAC MS-63 coin represents an important bidding opportunity for specialists.

Lot: 2143 - 1927-S Walking Liberty Half Dollar. MS-65+ (PCGS).

An exceptional-quality survivor of the issue, this lovely upper end Gem boasts fulsome mint frost and uncommonly smooth surfaces even for the MS-65+ grade from PCGS. Both sides are richly original in preservation, as well, with gently mottled toning in iridescent champagne-pink and copper-russet that is boldest at the peripheries. Well struck in most areas, softness to the central high points is noted solely for accuracy, especially since it is a common attribute for this issue. The 1927-S Walking Liberty half dollar is a conditionally challenged issue with a mintage of 2,392,000 pieces. Like the 1923-S and 1928-S, the 1927-S as an issue was heavily circulated and can be elusive even in the lowest Mint State grades. Gems are very scarce, the present example in PCGS MS-65+ a significant condition rarity and important find for the astute bidder.

Lot: 2144 - 1933-S Walking Liberty Half Dollar. MS-67 (PCGS). CMQ.

Offered is an outstanding example of this sharply struck issue. Both sides are virtually pristine with full, brilliant, satin-white luster. Superb in every respect, and sure to please even the most discerning numismatist. This issue is quite important as it is the only silver coin struck in 1933 by the San Francisco Mint, since demand for Peace silver dollars, the new Washington quarters, and Mercury dimes was sluggish as the Great Depression really dug into the economy. Half dollars were issued to the tune of 1,786,000 pieces, and few Americans could afford to set these aside during this period. This is one of the finest examples seen by PCGS and a prize for the date and mint collector who demands the very best.

Lot: 2145 - 1935-S Walking Liberty Half Dollar. MS-66+ (PCGS). CAC. CMQ.

Exceptional eye appeal on this truly stunning and conditionally rare Walking Liberty half dollar. Both sides are essentially brilliant and untoned apart from pale golden iridescence that shows up when viewed with the aid of indirect lighting. Strike quality is also noteworthy, the definition otherwise full with emerging to sharp detail over the high points. Expertly preserved, as well, with a virtually pristine appearance. After only the 1934-S, the 1935-S is the rarest middle date (1934 to 1940) Walking Liberty half dollar. With most Mint State survivors confined to lower grades due to poor striking quality and/or noticeably abraded surfaces, this premium PCGS MS-66+ with CAC approval is sure to appeal to specialists in this popular 20th century series.

Lot: 2146 - 1939 Walking Liberty Half Dollar. Proof-68+ (NGC).

Very few survivors of this 8,808-piece Proof half dollar issue are as expertly and attractively preserved as this upper end Ultra Gem. Brilliant and sparkling-white in appearance, both sides exhibit crisp strike detail from the rims to the centers. A bit more obtainable than the Proof 1938, the Proof 1939 is usually offered in grades that range from Proof-64 through Proof-67. Proof-68s are moderately rare, but enough are around that buying opportunities for such coins usually come along several times each tear. The same, however, cannot be said for higher-graded specimens. Tied for CC#2 behind a single Proof-69 at this service, this gorgeous NGC Proof-68+ is among the finest obtainable for today's collectors.

Lot: 2147 - 1940 Walking Liberty Half Dollar. MS-68 (PCGS). CAC. CMQ. OGH.

A glorious Ultra Gem with superior technical quality accompanied by outstanding visual appeal. Smooth and virtually pristine, the surfaces are aglow with full mint luster. Sharply to fully struck throughout, the entire package is dressed in a thin coating of powder blue and golden-tan iridescence. Trailing only the 1936, the 1940 is the second most common middle date Walking Liberty half dollar issue. Of course, with the quality and eye appeal offered here this issue is a significant condition rarity. The present offering represents an exceptional opportunity for the collector who desires superlative quality.

Lot: 2148 - 1942-S Walking Liberty Half Dollar. MS-67 (PCGS).

This incredible coin resonates with full mint frost and luster. The surfaces are as close to perfection as can be imagined. The strike is better than average as Liberty has her left thumb just barely outlined, and there are a few skirt lines evident below; the eagle's trailing thigh is soft, as expected for this San Francisco Mint issue. Otherwise pearlescent sandy-silver surfaces are further enhanced by blushes of copper-russet patina around more than half of the obverse border. Undoubtedly one of the very finest known of this issue, and a coin of extraordinary beauty and quality that will be an important addition to an advanced registry collection. Trailing only the 1941-S, the 1942-S is the rarest "short set" Walking Liberty half dollar in the finest Mint State grades. With a mintage of 12.7 million coins, the 1942-S half dollar is readily available up through grades of MS-65, but becomes incredibly rare at the Superb Gem level. This MS-67 example approaches the top of the PCGS Population Report for the issue, with a mere three coins finer.

Lot: 2149 - 1942-S Walking Liberty Half Dollar. MS-67 (PCGS).

An unusual second opportunity in this sale for the advanced Walking Liberty half dollar enthusiast to acquire a top-flight example of the conditionally challenged 1942-S issue. This is a lovely Superb Gem Uncirculated coin, intensely lustrous with a bright, smooth, frosty appearance overall. Minor softness of strike at the obverse high points is typical of a San Francisco Mint half dollar from the World War II era, but most features on both sides are sharply to fully rendered. A thin veil of champagne-gold iridescence blankets the surfaces and further enhances this coin's desirability.

Lot: 2150 - 1951 Franklin Half Dollar. Proof-68+ Cameo (NGC).

A glorious example of one of the scarcest and most challenging issues in the Proof Franklin half dollar series. Well mirrored with a highly reflective finish, the fields form a splendid backdrop to satiny devices. Untoned apart from delicate reddish-gold peripheral iridescence, the surfaces are silky smooth in texture and virtually pristine. The second Proof issue of its type, the 1951 was produced to the extent of 57,500 pieces. After only the first year 1950, this issue is the rarest in the Proof Franklin half dollar series. Like their 1950 predecessors, Proofs of this date are typically encountered with shallow mirrors in the fields - the present example is far superior in this regard. Additionally, the cellophane sleeves that the Mint used to package 1951 Proof sets was quite abrasive. Most coins that remained in the original packaging for an appreciable period of time have become hairlined to the point that they are confined to lower grades through Proof-64. Finally, Cameo-finish specimens of the Proof 1951 are nearly as rare as those of the Proof 1950, the latter issue highly regarded as a strike rarity in this regard. Add all of this together and the significance of this exquisite Proof-68+ Cameo specimen should be obvious to all bidders. Indeed, this is a coin that would serve as a highlight in even the finest Franklin half dollar set.

Lot: 2151 - 1952 Franklin Half Dollar. MS-67+ FBL (CACG).

This outstanding Superb Gem is far more attractive than virtually all other circulation strike 1952 half dollars that your cataloger (JLA) can ever recall handling, a comment that includes other Superb Gems as well as other toned examples. Halos of deep, mottled, vivid reddish-russet toning adorn the peripheries on both sides, framing centers that range from golden-tinged to virtually brilliant, although some speckles of the former color are seen over and around Franklin's portrait. The luster is full and satiny, and the strike is razor sharp over even the most trivial design elements. Writing in the 2023 edition of the Guide Book of Franklin & Kennedy Half Dollars, Rick Tomaska describes the 1952 in MS-67 and MS-67 FBL as: Rare! I have handled only five or six attractive examples in this highest grade going back to 1991. All were Mint set toned with better-than-average color. Indeed, the coin offered here is far more attractively toned than the typical Mint set Franklin half. When combined with its outstanding striking quality and amazing preservation, this coin is one of the finest Mint State 1952 half dollars available in the numismatic market.

Lot: 2152 - 1953 Franklin Half Dollar. Proof-67 Deep Cameo (PCGS).

At the threshold of numismatic perfection, this gorgeous Superb Proof Franklin half dollar really needs to be seen to be fully appreciated. Serene surfaces retain full mint brilliance, while sharp field-to-device contrast provides a strong cameo appearance on both sides. Fully struck, expertly preserved, and just right for a stellar-quality Proof type or date set. The mintage for this fourth year Proof Franklin half dollar issue is 128,800 pieces. The Proof 1953 is a bit more obtainable with a cameo finish than the Proof 1950, 1951 and 1952, but it is every bit as rare in the certified Deep/Ultra Cameo category. Writing in the fourth edition (2023) of the Guide Book of Franklin & Kennedy Half Dollars, Rick Tomaska explains the situation: There are only a few known cameo dies that struck any examples possessing the intense obverse and reverse cameo contrast needed for a deep cameo designation, though only the very earliest strikes off these dies possessed the level of cameo and depth of mirror required for a deep or ultra cameo designation. Additionally, the few that were struck are typically heavily hairlined, which is not surprising since the same packaging was used for 1953 as for the earlier years. An early die strike that was subsequently handled with exceptional care, this is a remarkable strike and condition rarity that belongs in one of the finest Proof Franklin half dollar sets currently being formed.

Lot: 2153 - 1957-D Franklin Half Dollar. MS-67+ FBL (CACG).

Visually attractive and remarkably well preserved in a survivor of this Denver Mint Franklin half dollar issue. The surfaces are lustrous with a smooth, soft, satiny texture overall. Bathed in warm pearl gray patina, both sides are further enhanced by blushes of reddish-russet and orange-gold toning at the borders. The strike is razor sharp, the detail crisp throughout the design. We turn to series specialist Rick Tomaska again, in his Guide Book of Franklin & Kennedy Half Dollars (2023 edition), to sum up the significance of the 1957-D in MS-67 and MS-67 FBL: Extremely rare - even tougher than the 1957-P [sic] in this top grade. All known examples are Mint set toned. The PCGS pop 1/0 coin is also certified MS-67+ FBL, and is the primary plate coin on their CoinFacts website. It is part of the Iradabaugh Collection on the PCGS Set Registry. The CACG-certified example offered here is its only known rival as of this writing, and is eagerly waiting inclusion in another leading Franklin half dollar set.

Lot: 2154 - 1959 Franklin Half Dollar. Proof-69 Cameo (NGC).

Both sides of this attractive coin are fully brilliant, allowing ready appreciation of bold field to device contrast. With a mintage of 1,149,291 pieces, the Proof 1959 half dollar is not rare in an absolute sense. On the other hand, Rick Tomaska ( A Guide Book of Franklin & Kennedy Half Dollars, 2023 edition) asserts that "far less" than 1% of the mintage qualifies for a Cameo designation from major third party certification services. The author further states that "the finest NGC Signature Series specimens in PF-68 Cam are very rare." Grading even closer to perfection, this outstanding Proof-69 Cameo specimen is a significant strike and condition rarity whose offering in this sale represents an important bidding opportunity for advanced Franklin half dollar enthusiasts.

Lot: 2155 - 1960-D Franklin Half Dollar. MS-67 FBL (PCGS).

An otherwise pinkish-silver beauty with warmer autumn-orange iridescence engaging the lower and left obverse borders and drifting toward the left reverse rim. This is an uncommonly well made 1960-D half dollar, with universally sharp definition throughout the design. This challenging issue combines the strike rarity of the 1960 Philadelphia Mint half dollar with the heavily abraded surfaces of a Denver Mint Franklin, precluding the survival of a large number of Full Bell Lines Gems. The strike and condition rarity of the 1960-D is even more pronounced at the Superb Gem level and, in fact, when Rick Tomaska penned the fourth edition (2023) of his Guide Book of Franklin & Kennedy Half Dollars for Whitman, he had handled only one example of this issue in PCGS MS-67 FBL. The present example now represents one of three grading events for the 1960-D at this level - still a remarkably low certified population with nowhere near enough coins to satisfy demand from advanced Franklin half dollar collectors. For those competing for top ranking on the PCGS Set Registry, this is a particularly significant offering worthy of the strongest bids.

Lot: 2156 - 1961 Franklin Half Dollar. FS-801. Doubled Die Reverse. Proof-66+ Cameo (PCGS). CAC. CMQ.

A virtually perfect specimen of this popular Doubled Die Reverse variety. The surfaces are platinum-white and sport outstanding field to device contrast of the kind rarely seen in examples of this Fivaz-Stanton number. Both sides are without flaws beneath a glass. The 1961 Doubled Die Reverse has a loyal following not only for its scarcity but for the strong doubling of the reverse, most easily noticed in the motto E PLURIBUS UNUM. It is, in fact, the strongest known Doubled Die of the Franklin series and, per Rick Tomaska (2018), "is the king of the 20th-century Proof half dollar error varieties." The author further describes Cameo specimens as "extremely rare" and, indeed, PCGS has bestowed a CAM designation on only four different occasions. This dazzling upper end Gem is the second-finest of the quartet, the highest graded that have secured CAC approval, and would serve as a centerpiece in the finest advanced Franklin half dollar collection on the Set Registry.

Lot: 2157 - 1795 Draped Bust Silver Dollar. BB-51, B-14. Rarity-2. Off-Center Bust. AU-58 (PCGS).

This piece is highly desirable, appealing to both type collectors and advanced early dollar specialists. The surfaces are lovely, retaining much softly frosted luster. Liberty's portrait on the obverse is sharply defined, showing crisp hair and profile detail and just the lightest friction across the high points. The eagle's breast and legs are likewise crisp and exhibit a quality of strike seldom

Lot: 2158 - 1799/8 Draped Bust Silver Dollar. BB-141, B-3. Rarity-3. 15-Star Reverse. MS-62 (PCGS).

BB Die State IV. Stunning Mint State condition rarity for both the type and die pairing. And this is a visually appealing coin, as well, with gently mottled pinkish-rose iridescence on surfaces that retain areas of antique silver near-brilliance. The strike is ideally centered and well executed for the type, isolated clouds and portions of the eagle's plumage on the reverse soft, but most features on both sides sharply to fully rendered. The obverse is lightly marked, consistent with the grade, but there are no sizeable or otherwise singularly mentionable blemishes. Softly frosted luster glows from the surfaces as the coin rotates under a light to further enhance already strong eye appeal. BB-141 is one of the most popular and eagerly sought die marriages among 1799-dated silver dollars, combining as it does an overdate obverse die with a reverse die readily recognizable as having a blundered arc star pattern. On the obverse, the final digit 9 in the date has been punched over an 8, remnants of the underdigit quite bold and readily evident even without the aid of a loupe. The reverse exhibits 15 stars above the eagle as opposed to the normal 13, although the additional two stars can be difficult to discern for the uninitiated. They protrude from the first and final clouds, which were enlarged by the engraver to cover most of the extra stars when he realized his blunder. BB-141 is not a major rarity in an absolute sense - it is actually a fairly plentiful die marriage by 1799 dollar standards - but in Mint State the variety is a significant condition rarity. Although not included in the Winter 2025 revision to Stephen J. Herrman's Auction Prices Realized for Early Silver Dollars: 1794-1803, the present example in PCGS MS-62 is tied for CC#10 for the BB-141 dies based on the census listing therein. It is a lovely and significant piece that would serve as a highlight in an advanced Bust dollar collection or Mint State type set.

Lot: 2159 - 1799 Draped Bust Silver Dollar. BB-160, B-12a. Rarity-3. AU-58 (NGC).

BB Die State III, early, with no trace of the obverse crack that eventually extends from the border into the field between star 13 and the end of Liberty's bust. This is a desirable high grade Bust dollar for the type collector who seeks to avoid the challenges and requirements associated with securing a Mint State example. Minimally circulated and retaining razor sharp to full detail in most areas, no design elements are less than boldly struck. Lightly toned in pale sandy-silver and champagne-gold, the surfaces glow with frosty mint luster that yields to modest semi-reflectivity in the fields. Wispy handling marks are consistent with the assigned grade, none of which are distracting at most viewing angles. In today's numismatic marketplace there are very few coins that will catch a collector's eye the way a stunning Choice AU Draped Bust dollar does, and it makes little difference what the date reads. The typically seen Draped Bust dollar is apt to be anywhere from VG to VF, at which levels most varieties tend to be readily available. Pleasing EF and lower end AU examples of the type, while not rare in the purest sense, can still be considered elusive, and the demand for those grades is strong. Once the threshold of Mint State is reached, at the Choice AU level, rarity is factored in regardless of the date or variety, and finding an attractive AU-58 or AU-58+ Draped Bust dollar is a challenge not to be taken lightly. BB-160 is one of the most plentiful die marriages of the 1799-dated issue, although it is still scarcer than BB-163 and BB-166. Conditionally rare at the AU-58 level of preservation, this significant coin is sure to see spirited bidding among astute collectors.

Lot: 2160 - 1802 Draped Bust Silver Dollar. BB-241, B-6. Rarity-1. Narrow Date. AU-55 (NGC).

BB Die State III. This appealing piece exhibits gentle mottling to pewter gray, olive and steel-rose patina that is a bit bolder on the obverse. Appreciable mint frost remains, and iridescent undertones of blue, pink and gold are also present to greet the viewer at more direct viewing angles. Universally bold to sharp in detail with no marks to distract the unaided eye. This die pairing of the 1802-dated silver dollar issue is a perennial favorite among type collectors seeking an example of the Draped Bust, Heraldic Eagle design. We caution bidders that visually appealing Choice AU examples such as this are very scarce in an absolute sense and quite rare compared to the demand for them from quality-conscious collectors. Don't miss this opportunity.

Lot: 2161 - 1836 Gobrecht Silver Dollar. Name on Base. Original. Judd-60, Pollock-65, JD-2. Rarity-2+. Silver. Plain Edge. Die Alignment I. Proof-60 (PCGS). OGH.

Korein-78. DTS Die State F. Liberty's head is opposite the letters DO in DOLLAR. This warmly toned example exhibits moderately deep mauve-gray patina with more vivid undertones of antique gold and powder blue iridescence. This is secondary, albeit natural toning, the surfaces a bit muted and also somewhat glossy in texture to betray an old cleaning. This is consistent with the assigned grade,

Lot: 2162 - 1836 Gobrecht Silver Dollar. Name on Base. Original. Judd-60, Pollock-65, JD-2. Rarity-2+. Silver. Plain Edge. Die Alignment II. Proof-50 (NGC).

Korein-95. DTS Die State E. Liberty's head is opposite the letter E in STATES. Bright and flashy surfaces are noticeably semi-reflective despite light handling. Frosty qualities are also see, typical of the issue (these are not true Proofs, but "Special Strikes" as defined by John W. Dannreuther). Cleaned at one time and untoned, although only a few of the scattered marks are singularly distracting during in-hand viewing. Sharply struck with virtually full detail remaining to allow ready appreciation of all aspects of this classic design type. Numismatic scholars recognize four different die alignments for Gobrecht dollars, designated as I (coin turn, eagle flying upwards), II (medal turn, eagle flying upwards), III (coin turn, eagle flying level with respect to obverse), and IV (medal turn, eagle flying level with respect to obverse). When Walter Breen wrote his Complete Encyclopedia in 1988, he considered Die Alignment I examples of the Judd-60 Name on Base issue to be originals from 1836 and Die Alignment II pieces from a mintage of 600 pieces delivered in March of 1837. He regarded Die Alignment III and IV pieces as restrikes. This view had been challenged by the early 1990s, when it was found that many Die Alignment IV pieces evinced signs of circulation, suggesting that they had been made for that purpose rather than to accommodate coin collectors. Modern research by Craig Sholley, John Dannreuther, and Saul Teichman (based on an exhaustive examination of die state evidence), reported that the die alignment sequence of Judd-60 Gobrecht dollars is actually I-IV-II-IV-I-IV. All examples in these alignments are originals attributed to the December 1836 issue of 1,000 coins; the 600 pieces struck in March 1837 represent a test striking, and all were subsequently melted. Die alignment III pieces are still regarded as restrikes coined decades later than 1836. Pollock in his United States Patterns and Related Issues considered Die Alignment II and III pieces as the scarcest alignment varieties, followed by IV. He regarded Die Alignment I pieces to be the most readily available.

Lot: 2163 - 1838 Gobrecht Silver Dollar. Name Removed. Cabinet Coin Restrike. Judd-84, Pollock-93, JD-2. Rarity-6. Silver. Reeded Edge. Die Alignment III. Proof-63 (PCGS). CMQ.

Korein-18. 411.7 grains. Liberty's head is opposite the letter N in ONE. Lightly toned, especially around the peripheries, both sides are enhanced by iridescent secondary toning in powder blue, antique gold and coppery hues that are more pronounced on the reverse. Nice reflectivity remains in the fields, helping to confirm the Proof strike. All details are needle sharp, as well, and the in-hand appearance is smooth apart from light hairlines that account for the Proof-63 grade from PCGS. A significant rarity that is just right for an advanced silver dollar cabinet. For the collector assembling a complete date set of Gobrecht dollars, the 1838 will likely prove to be the most challenging to acquire. While traditional numismatic wisdom states that a small number of originals were struck that year in Die Alignment I, modern scholarship has discounted this theory. In fact, no Die Alignment I examples of this date are known to exist. The website gobrechtdollars.com contains the most in-depth and up-to-date scholarship on this series, the authors of which (Craig Sholley and John W. Dannreuther) have confirmed that only two original 1838 Gobrecht dollars are known to exist: the Mint Cabinet-Smithsonian Institution specimen in Die Alignment IV and the Eliasberg-ANS coin in Die Alignment III. Exactly when those coins were struck is not known, but it was sometime after July 1838. Obviously, original 1838 Gobrecht dollars were exceedingly rare in their time, and it is likely that they were unknown outside of a small circle of Mint and other government officials. With the growth of numismatics in the United States during the late 1850s, demand for rare early issues soon reached a level where the Mint saw an opportunity to provide such coins to collectors for its own benefit. Indeed, the earliest restrikes of the 1838 Gobrecht dollar were made ca. June 1859 to 1863, most of which were used by Mint Director James Ross Snowden to trade for Washingtonia for the Mint Cabinet. These are the Early State Restrikes, per Sholley and Dannreuther. Two additional striking periods followed: Middle State Restrikes ca. 1867 to 1869, and Late State Restrikes ca. 1873 to 1874. The final two striking periods are attributed to Henry Richard Linderman, who served two non-consecutive terms as mint director from April 1867 to May 1869 and April 1873 to December 1878. The Linderman era is widely known for having spawned large numbers of restrikes, novodels, so-called patterns and fantasy pieces that were made expressly for distribution to collectors. The 1838 Gobrecht dollar offered here dates to Linderman's second term as mint director. It is a Late State Restrike, the obverse heavily polished with the top of the rocky base nearly gone in the area of the ribbon junction. On the reverse, the area of granularity in the field above the letters TA in STATES and the "die line" (actually a light crack) slanting down to the right above the letter T in UNITED have been reduced/weakened by die polishing.

Lot: 2164 - 1839 Gobrecht Silver Dollar. Name Removed. Cabinet Coin Restrike. Judd-104, Pollock-116. Rarity-4. Silver. Reeded Edge. Die Alignment IV. Proof-64 (NGC).

The rarity and widespread popularity of all Gobrecht dollars are sure to result in spirited bidding for this rare 1839-dated specimen. Minimally toned in iridescent gold, the surfaces present as brilliant at most viewing angles. As such, the diagnostics of late state restrikes of this Judd number are clearly seen, including reflective fields that host light die polish lines and the frosty texture to the eagle on the reverse. Also typical of a restrike of this Judd number, the strike is razor sharp to full throughout - including on Liberty's foot - and nicely showcases this iconic silver dollar design. Wispy hairlines are noted for accuracy, but there are no sizeable handling marks, and the in-hand appearance is relatively smooth in most viewing situations. The original 1839 Gobrecht dollars, coined in the last week of that year, "are in Alignment IV, have weak mirrors, more [semi-prooflike] than fully [prooflike], and typically come with a weakly struck foot," according to gobrechtdollars.com, a website built by John W. Dannreuther, Saul Teichman, and Craig Sholley. Restrikes, by contrast, show "a strong mirror from polishing" and are better struck, "generally with a fully struck foot". Restrikes are "also rather easily distinguished from Originals by the very granular (rusty) letters and eagle," according to their study of the issue. These are further subdivided into early state, middle state, and late state restrikes. The offered specimen is a late state restrike as evidenced by, among other diagnostics listed above, a patch of die roughness and polish lines in the reverse field at the junction of the eagle's wing and tail. The gobrechtdollars.com website dates these late state restrikes to circa 1873-1874, during Henry R. Linderman's second term as Mint director, and observes that, "These are the last Gobrecht dollars struck." Two major varieties of silver 1839 Gobrecht dollars with the starless reverse were produced: reeded edge Judd-104, offered here, and plain edge Judd-105, offered below. Judd-107 was struck from the same dies in copper, while Judd-108 (silver) and Judd-109 (copper) are mules struck during the Linderman era from Starry Reverse B (a.k.a. "The Cracked Reverse"). Judd-107 and Judd-109 are both unique, and Judd-108 is extremely rare, with just three specimens known. Though specimens of Judd-104 are somewhat more numerous, the 1839 as a date is the second rarest in the Gobrecht dollar series after 1838. Only 75 to 100 examples of the 1839 Judd-104 are believed extant (per the uspatterns.com website), a total that includes originals, about a dozen Die Alignment III restrikes, as well as additional restrikes in Die Alignment IV, as here.

Lot: 2165 - 1839 Gobrecht Silver Dollar. Name Removed. Cabinet Coin Restrike. Judd-105 Restrike, Pollock-117. Rarity-7-. Silver. Plain Edge. Die Alignment III. Proof-65 (PCGS). CMQ.

411.9 grains. A beautiful blend of pale blue, muted lilac, and yellow gold covers both sides of this reflective Gem Proof specimen. The state of preservation and visual appeal are both superb. The planchet this coin was struck atop shows some problems, including a natural flaw that crosses the obverse denticles above stars 6 and 7. Similar flaws are seen outside star 3 and above the cap, and light inborn striations can be seen under magnification in the left obverse field. The related flaws that run essentially parallel at the wrist of Liberty's cap hand, the tip of those fingers, and across the cap have been mostly obliterated by a bold strike. The denticles below the word DOLLAR at lower right reverse are a bit soft, but other details show full crispness. Saul Teichman estimates that fewer than a dozen specimens of this variety are known, easily discerned from Judd-104 by a plain edge. This is another of Mint Director Henry R. Linderman's Cabinet Coin Restrikes of the Gobrecht silver dollar, in this instance struck circa April 1869 (per the gobrechtdollars.com website); two examples were offered in the June 1887 Linderman sale. The present specimen is tied for finest certified by PCGS.

Lot: 2166 - 1872-CC Liberty Seated Silver Dollar. OC-1. Rarity-3+. EF-45 (PCGS). CAC.

An uncommonly original-looking example of this notoriously challenging CC-Mint entry in the Liberty Seated dollar series. Whereas most lightly circulated survivors of the 1872-CC have been dipped, cleaned or are outright impaired due to damage, this piece exhibits an even overlay of deep charcoal-olive patina to smooth-looking surfaces. A touch of underlying glossiness to the texture is noted for accuracy, but this is more than offset by iridescent undertones of antique gold and cobalt blue. As well, there are few marks, and none that warrant individual attention. Detail is universally bold to support the Choice EF assessment. Visually pleasing for the issue, and confirmed as such by rare CAC approval, we expect strong bidder competition for this significant condition rarity. The last PCGS/CAC EF-45 we sold brought $31,200 in our Spring 2024 Auction. The Carson City Mint produced only 3,150 silver dollars in 1872. Repeating a standard scenario for early gold and silver issues from this coinage facility, the 1872-CC dollars were routinely released into local and regional commerce. Probably some were shipped to China, where there was a great appetite for silver metal. Writing in the excellent 2020 reference The Confident Carson City Coin Collector, CC-Mint expert Rusty Goe estimates that 250 to 300 exist today in all grades. A similar estimate by Dick Osburn and Brian Cushing (2018) suggest just 250 surviving pieces in total. The latter acknowledge a small hoard of about 100 examples having been distributed in 2015 through 2017, though in general market appearances for straight-graded EF and AU examples tend to be few and far between. Advanced specialists in Liberty Seated dollars and/or Carson City Mint coinage would be wise to take full advantage of this fleeting opportunity.

Lot: 2167 - 1878 Morgan Silver Dollar. 8 Tailfeathers. JD-2, VAM-14.3. Rarity-4-. Doubled Bow. Proof-64 Cameo (PCGS). CMQ.

Glassy fields support softly frosted motifs on both sides of this undeniable Proof specimen. The entire package is dressed in delicate iridescent toning of champagne-gold that yields to virtual brilliance at direct lighting angles. Fully struck with each individual feather on the eagle's breast and hair strand over Liberty's ear crisply delineated. Among Proof Morgan dollars, few pieces are as desired as that of 1878 with 8 Tailfeathers, representing the first style of the design, and thus very distinctive. The mintage is not known with certainty, but is usually estimated at 500 pieces, reasonable enough, as examples are elusive today. Although a production of 500 coins would indicate that specimens would come on the market with some frequency, this is simply not true. For some reason, examples are rarer than they should be, perhaps calling into question the estimate. Whatever the situation, today the Proof 1878 8 Tailfeathers is indeed rare, and examples, when seen, usually come on the market one at a time, and at widely spaced intervals. At least two die pairings are known for this Proof issue, suggesting multiple striking periods. VAM-14.3, offered here, and VAM-14.8 both also exist in circulation strike format. The former is most readily attributable by the presence of a tiny die line protruding from Liberty's lower eyelid on the obverse and minor doubling to the leaves along the lower right portion of the wreath on the reverse.

Lot: 2168 - 1879-CC Morgan Silver Dollar. Clear CC. MS-65 (PCGS).

Exceptional quality and eye appeal for this semi-key date CC-Mint Morgan dollar. Brilliant on the reverse with intense mint luster, the equally lustrous obverse is thinly veiled in antique silver iridescence. Both sides have sharp strike detail that extends to the central high points. With remarkable surface preservation, this is a condition rarity Gem Mint State coin that will appeal to advanced enthusiasts. Produced to the extent of just 756,000 pieces and not as widely saved as the Carson City Mint silver dollars from the early to mid 1880s, the 1879-CC is eagerly sought in all Mint State grades. Only 4,123 were distributed through the GSA sales of the 1970s, representing just 0.50% of the mintage. Regardless of origin, Mint State examples of the 1879-CC encountered in today's market are seldom as carefully preserved and visually appealing as this lovely Gem.

Lot: 2169 - 1879-CC GSA Morgan Silver Dollar. Clear CC. MS-64 (NGC). CAC. CMQ-X.

This is a lovely example of one of the more challenging Carson City Mint Morgan dollar issues to locate in an original GSA holder. Brilliant and sharply struck, the silver-white surfaces allow full appreciation of intense mint luster. The low mintage 1879-CC was produced to the extent of just 756,000 pieces, and it is generally regarded as the scarcest Carson City Mint silver dollar of the 1878 to 1885 era. Much of this issue's elusiveness in today's market can be explained by the paucity of examples distributed through the various GSA sales of 1972 to 1980. Only 4,123 examples were included in those sales, a total that represents just 0.50% of the mintage. Scarce in Choice Mint State, and rare in an original GSA holder, this premium example with CAC approval is sure to catch the eye of advanced Morgan dollar and/or Carson City Mint enthusiasts. The original box and card are not included.

Lot: 2170 - 1879-CC Morgan Silver Dollar. VAM-3. Top 100 Variety. Capped Die. MS-64 (CACG).

The obverse is attractively toned in golden-rose, while the reverse is brilliant apart from a hint of similar color along the lower left border. Satiny luster is full and billowy throughout, and the strike is boldly executed overall. Largely known as the Capped Die, the 1879-CC Large CC Over Small CC variety is actually an overmintmark. The reverse die was first affixed with the small CC as used in the production of the 1878-CC Morgan dollar. This small CC was later partially effaced and a larger CC was entered in its place. Still later, the die acquired a considerable amount of rust in the mintmark area, and all known 1879-CC Capped Die Morgans display the effects around the CC. Since this variety has also been described as the Broken CC, the 1879-CC Capped Die has garnered quite a bit of negative press over the years. This is unfortunate, since the Capped Die is actually scarcer than its Perfect CC counterpart in all grades. Nowhere is this discrepancy more marked than at the finer Mint State levels of preservation, as here. This handsome near-Gem is a superior example perfect for an advanced Morgan dollar set.

Lot: 2171 - 1879-O Morgan Silver Dollar. MS-66 (PCGS).

A brilliant and beautiful example with bountiful mint luster and sharp to full strike detail. The surfaces are remarkably well preserved and approach perfection for the issue. Production of the 1879-O marked the reopening of the New Orleans Mint following the Civil War. With a mintage of 2,887,000 examples, this issue is readily available overall thanks to the storage and eventual release of thousands of Mint State coins. According to Q. David Bowers in his 1993 silver dollar encyclopedia, the largest releases came in 1957 (five to 10 bags) and during the early 1960s (multiple 1,000-coin bags). As with many Morgan dollars, the 1879-O is rare in the finest Mint State grades, which for this issue means MS-66 and higher. One of the most impressive examples of this New Orleans Mint Morgan dollar that we have offered in recent sales, this coin is sure to appeal to discerning bidders.

Lot: 2172 - 1880 Morgan Silver Dollar. JD-1. Rarity-2-. Proof-67 Cameo (PCGS). Retro OGH.

This dreamy Superb Gem is untoned apart from the lightest pale silver iridescence that yields to brilliance at most viewing angles. A boldly cameoed finish is easily seen, the fields deeply mirrored and supporting frosty design elements. Sharply struck with a silky smooth appearance, there is much to recommend this beautiful specimen to the discerning type or date collector. The Proof mintage for the date of 1,355 pieces represents the high water mark for Proof production in the Morgan dollar series, though no doubt far fewer than that number can be accounted for today. This issue is rare at the Superb Gem level, as offered here, attesting to the fact that precious few examples were handled with the utmost care by earlier generations of numismatists.

Lot: 2173 - 1880/79-CC Morgan Silver Dollar. VAM-4. Top 100 Variety. Reverse of 1878. MS-65 DMPL (PCGS).

A dusting of silver and tan-gold iridescence accents a dramatic and - for the variety - rare deep mirror prooflike finish. Both sides are highly reflective in the fields and display sharply struck, thickly frosted devices. Marks are exceptionally few, and the appearance is remarkably smooth and well composed for a CC-Mint Morgan dollar, especially one with such delicate and reflective fields. First-rate quality and eye appeal. The 1880-CC has a mintage of just 495,000 pieces, 131,529 examples of which were distributed through the GSA sales of 1972 to 1980. While the VAM-4, 5 and 6 overdates were well represented, the quality of the present 1880/79-CC is superior to nearly every other example known. As Wayne Miller observes in his Morgan and Peace Dollar Textbook: The 1880-CC is elusive in prooflike and is rare in fully gem prooflike condition. Many specimens are poorly struck, probably from the defective dies. A few prooflike 1880-CC dollars are well-struck cameos, although many of these exhibit a cloudy surface. These are nearly always the round breast (Type III) reverse variety. The 1880-CC flat breast (Type II) variety is very rare in prooflike condition. The few specimens the author has seen have been of the 1880/79-CC (VAM 4) variety. In addition to the "very rare" prooflike finish for the Reverse of 1878 hub type, this coin is also sharply struck throughout, as related above and, just as significantly, is preserved well enough to have secured a very rare (for the variety) MS-65 DMPL grade from PCGS. Tied for finest certified, in fact, this exquisite Gem would serve as a highlight in an advanced collection of Carson City Mint or DMPL Morgan dollars.

Lot: 2174 - 1880-CC Morgan Silver Dollar. MS-67 (PCGS).

An exquisite Superb Gem, both sides are fully frosted with a brilliant snow white appearance. The strike is razor sharp in all areas save for at the central high points, where the design elements are a bit soft and a few faint planchet roller marks remain - rather common on 1880-CC dollars of the Reverse of 1879 hub variety. Silky smooth in texture and all but pristine, this delightful coin will please a discerning enthusiast. The 1880-CC Morgan dollar has always been popular with collectors. Thanks to the widespread distribution of examples during the 1950s, early to mid 1960s and, especially, through GSA sales in the 1970s, the 1880-CC is readily obtainable in Mint State. Most such pieces are of the Reverse of 1879 hub variety, as here, and most grade no finer than MS-65. Even so, the persistent collector should be able to obtain an MS-66 without too much difficulty. Superb Gems in MS-67 and MS-67+, however, are another matter entirely. This issue is a significant condition rarity in the grade offered here.

Lot: 2175 - 1881-O Morgan Silver Dollar. MS-66+ (CACG). CMQ.

This is a gorgeous example of the issue that ranks as the single finest certified at CACG. Brilliant satin white surfaces are highly lustrous with a silky smooth, virtually pristine appearance. Fully struck with abundant eye appeal. As with so many Morgan dollar deliveries, the 1881-O is plentiful in lower Mint State grades but scarce to rare any finer than MS-65. Premium quality both in terms of striking quality and surface preservation, this impressive MS-66+ is seemingly earmarked for inclusion in an advanced collection of this widely collected series.

Lot: 2176 - 1881-S Morgan Silver Dollar. MS-68+ (PCGS). CAC. CMQ.

Virtually pristine with outstanding visual appeal, this Ultra Gem Uncirculated beauty is further enhanced by crescents of multicolored bag toning at upper left obverse and lower left reverse. It is otherwise brilliant, also sharply struck and expertly preserved. An exquisite example of both the type and issue worthy of the strongest bids. One of the quintessential type candidates in the Morgan silver dollar series, the 1881-S is the most available early date issue in Mint State. Millions of the 12,760,000 coins struck remained in federal storage until released by the Treasury Department in 1938, during the 1950s and, especially, in the early to mid 1960s. Given their ready availability and the high standards of quality to which virtually all were produced, 1881-S dollars have been extremely popular with type collectors seeking a single Mint State coin to represent the Morgan dollar series. At the threshold of numismatic perfection, however, the example offered here is rare from a condition standpoint. Indeed it is far better preserved than the vast majority of 1881-S dollars, the surfaces possessing equally superior eye appeal. A find for the most discerning of numismatists.

Lot: 2177 - 1881-S Morgan Silver Dollar. MS-68 PL (PCGS).

An enchanting, premium quality example of this otherwise readily obtainable Morgan dollar issue. Both sides combine reflective fields with a virtually pristine appearance to set this coin apart from the vast majority of 1881-S dollars extant. The obverse is minimally toned around the periphery, the reverse with a crescent of attractive multicolored iridescence along the upper right border. Fully struck, as befits the issue, with simply outstanding technical quality and eye appeal. Specialists agree that there are more of this issue available to today's collectors than of any other Morgan dollar. Silver dollars had been held in vast quantities in the Federal Reserve banks as backing for Silver Certificates, but were released to circulation in the early 1960s when the United States went off the silver standard. At that time countless bags of previously scarce Uncirculated 1881-S dollars were put away by dealers and investors. Q. David Bowers, in his 1993 silver dollar Encyclopedia, estimated that between 4 and 6.25 million pieces of this issue still exist in Mint State! Today PCGS estimates that only 1,200,000 have survived, with fully half of those in Mint State. No matter the actual number of existing pieces, in higher Uncirculated grades, the 1881-S remains an important condition rarity. While PCGS has graded a total of 10,616 1881-S dollars in the Mint State Prooflike category, only seven have achieved the Ultra Gem grade of MS-68 PL, and none have been graded higher, although they have graded a single conditionally equal MS-68 DMPL. Every Morgan dollar collector has to have an 1881-S in their collection, and to represent this rather ordinary date in a high-end set, discerning numismatists try to find as fine a piece as possible. This specimen cannot be improved upon in today's' market and will impress even the most discerning bidders.

Lot: 2178 - 1882 Morgan Silver Dollar. JD-1. Rarity-2. Proof-65 Cameo (PCGS). CAC. CMQ.

A visually appealing Gem that presents dazzling, untoned, silver white surfaces. The design elements are fully defined with a soft frosty texture that contrasts nicely with strong mirrored reflectivity in the fields. Carefully preserved and a delight to behold, this coin is equally well suited for high quality Proof type and date purposes. The reported mintage for this early Proof issue in the Morgan dollar series is 1,100 pieces, although Q. David Bowers (Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia, 1993) suggests that the actual total might be somewhat higher. In any event, this is a readily obtainable issue by Proof Morgan dollar standards, and most examples possess good field to device contrast, as here. What sets the present specimen apart, however, is the level of surface preservation. With the typical survivor grading no finer than Proof-64, the significant bidding opportunity that this premium Gem with CAC approval represents for the quality conscious collector can hardly be overstated.

Lot: 2179 - 1884-CC Morgan Silver Dollar. MS-67+ (PCGS). CAC.

A fully struck and intensely lustrous example that offers lovely eye appeal. The surfaces are virtually brilliant with a radiant, predominantly snow-white appearance. We do note a thin crescent of orange-gold iridescence along the lower right reverse border - very pretty. Conditionally rare and highly desirable near-Ultra Gem quality that is sure to please even the most discerning bidders. The 1884-CC ranks alongside the 1882-CC and 1883-CC as one of the most common CC-Mint silver dollars of this perennially popular design type. On the other hand, all three issues are scarce in the finest Mint State grades, especially relative to the demand for such pieces among Morgan dollar and Carson City Mint enthusiasts. Clearly this lovely coin represents a significant find.

Lot: 2180 - 1884-S Morgan Silver Dollar. MS-62+ (PCGS).

Sharply struck with bountiful mint frost, this beautiful example is enhanced by swirling cartwheel visual effects and wisps of delicate champagne-pink iridescence. Both sides are pleasingly smooth for the assigned grade, certainly free of singularly distracting marks, and have an appearance that is quite close to Select Uncirculated quality. The rarity of the 1884-S Morgan dollar in Mint State is well known, and survivors are avidly sought for advanced collections of this ever-popular series. As with many issues of this type, the 1884-S has a respectable mintage, in this case 3,200,000 pieces. The vast majority of survivors are worn, however, suggestive of widespread circulation - an unusual situation for a silver dollar of this type. Indeed, the 1884-S is plentiful in circulated grades, and most collectors settle for an AU to represent the issue in a Morgan dollar set. For the advanced numismatist the present lot offers the chance to acquire a solid Mint State example with superior eye appeal relative to the MS-62+ designation from PCGS. A lovely piece, and sure to appeal to astute bidders.

Lot: 2181 - 1885-S Morgan Silver Dollar. MS-66+ (PCGS). CAC.

Splendid premium Gem surfaces are silky smooth in appearance with a full quota of billowy satin-textured luster. Both sides ae further enhanced by attractively original toning in iridescent champagne-apricot and pinkish-silver. Sharp strike detail calls forth even the most intricate elements of this perennially popular U.S. silver dollar design. The 1885-S is among the scarcer San Francisco Mint Morgan dollars in Mint State, although in an absolute sense the issue is easy to collect in grades up to and including MS-64. At and above the Gem level, however, the conditionally challenging nature of this issue comes readily to the fore. Among the finest known to the graders at both PCGS and CAC, and certainly among the nicest examples of the issue that we have ever offered, this gorgeous premium Gem Mint State coin is worthy of the strongest bids.

Lot: 2182 - 1885-S Morgan Silver Dollar. MS-66+ (PCGS).

Brilliant and visually stunning, both sides are fully lustrous with a soft satin texture throughout. The strike is razor sharp, the technical quality superior for a survivor of this conditionally challenged issue. Our multiple offerings for such pieces in this sale notwithstanding, the 1885-S is one of the more challenging San Francisco Mint Morgan dollar issues to locate in premium Gem Uncirculated preservation. This PCGS-certified beauty will surely elicit strong bids from discerning collectors.

Lot: 2183 - 1885-S Morgan Silver Dollar. MS-65 PL (PCGS).

This is one of our finest offerings for a Prooflike 1885-S Morgan dollar in recent memory. It is a brilliant and beautiful Gem with frosty motifs contrasted against reflective fields. The strike is full, the surfaces expectably smooth at the assigned grade level. The 1885-S is among the scarcer San Francisco Mint Morgan dollars in Mint State, a mintage of 1,497,000 coins not overly generous by the standards of this series. It is particularly challenging to locate with a fully prooflike finish for, as Wayne Miller observes in his Morgan and Peace Dollar Textbook, "The 1885-S, when prooflike, is frequently so on one side only, usually the reverse....Many lustrous semi-prooflike pieces are sold as prooflikes." Miller wrote in an era prior to the advent of third party certification by PCGS and NGC, which has separated the true prooflike examples from semi-prooflike or one-sided PL pretenders. The offered coin is solidly in the former category, and it is one of the true Gem prooflike examples that Miller asserts are "worth a substantial premium." Rare.

Lot: 2184 - 1886 Morgan Silver Dollar. JD-1. Rarity-2. Proof-67 (PCGS). CAC. CMQ.

Impeccable strike definition and flawlessly preserved surfaces are important factors in the Superb Gem status of this gorgeously toned specimen. Just 886 pieces were struck, a relatively tiny number by modern standards, but not out of line with typical Morgan dollar Proof issues. The lightly toned centers are surrounded by deep layers of iridescent rose, electric-blue and gold coloration. An awesome, conditionally rare coin that will draw added attention from connoisseurs of dramatic, multicolored toning. Most, if not all Proof 1886 Morgan dollars were distributed to contemporary collectors as part of the year's silver Proof sets, and a high percentage of the mintage has come down to the present day. The typical grade among survivors is Proof-64, however, as most examples display at least a few hairlines, slide marks or other detracting blemishes. Close to pristine, as here, the Proof 1886 is a noteworthy condition rarity that would serve as a highlight in the finest numismatic cabinet.

Lot: 2185 - 1889-CC Morgan Silver Dollar. MS-63 PL (PCGS). CAC.

Offered is a wonderfully original and aesthetically pleasing 1889-CC, a fabled key date Morgan dollar issue. Both sides exhibit delicate pinkish-tan iridescence that is largely confined to the peripheries, from where it frames more or less untoned centers. Mirrored fields are readily evident under a light and the strike is sharp over all design elements. Very attractive for the assigned grade, this premium quality example is sure to see spirited bidding among advanced collectors. The 1889-CC is the rarest Carson City Mint Morgan silver dollar, and not because the mintage of 350,000 pieces is the lowest in this mintmarked series. In fact, both the 1881-CC and 1885-CC have lower mintages, although those issues are much more plentiful than the 1889-CC in Mint State. As with so many issues in the Morgan dollar series, it is the distribution of the coins (or lack thereof) and not the mintage that defines rarity, especially in Uncirculated condition. Given the scarcity of worn examples we believe that few 1889-CC dollars were released into circulation in or near the year of issue. Rather, virtually the entire mintage was placed into storage in federal vaults, the destination for most Morgan dollars upon striking. Limited quantities were released from government holdings from the mid 1920s to the early 1960s, mostly in the West. Only a few single coins and rolls were paid out from the Treasury Department during the 1930s and 1940s, and by the time of the GSA sales of Carson City Mint Morgan dollars during the 1970s only a single 1889-CC remained in government hands. Most of the other coins that initially went into storage - the majority of the mintage - were undoubtedly included among the 270,232,722 silver dollars melted under provisions of the Pittman Act of 1918. Given the long standing popularity of both the Morgan dollar series and Carson City Mint coinage among specialized collectors, the small number of Mint State 1889-CC dollars remaining is nowhere near adequate to meet demand. This is a particularly desirable survivor, fully prooflike, with original surfaces and above average preservation relative to the assigned grade. Worthy of the strongest bids.

Lot: 2186 - 1889-CC Morgan Silver Dollar. MS-63 (PCGS). CAC. CMQ.

A universally frosty alternative to the Prooflike Select Mint State 1889-CC offered above, the present example is actually very similar in overall appearance. Delicate peripheral toning in pinkish-tan is virtually identical, in fact, suggesting that both coins were carefully and originally preserved together for many years (probably decades). The finish here is nearly prooflike, the otherwise frosty texture thinning to clear semi-reflective tendencies in the fields. A sharp strike and freedom from all but a few wispy, well scattered marks round out an impressive list of attributes for this key date, condition rarity, Carson City Mint Morgan dollar.

Lot: 2187 - 1889-CC Morgan Silver Dollar. Unc Details--Cleaned (PCGS).

With sharp strike detail and strong mint luster in a brightly frosted to semi-prooflike finish, there is much to recommend this coin to the advanced collector of Carson City Mint and/or Morgan silver dollars. Wispy hairlines and a somewhat chrome-like appearance explain the PCGS qualifier, but both sides are free of singularly mentionable marks. Brilliant with flashy silver-white surfaces, there is a lot of "coin" here for the assigned grade, and the key date status of the 1889-CC Morgan dollar is sure to garner even more attention for this significant Mint State example. From a mintage of 350,000 coins - limited for the type - the vast majority of which are circulated to one degree or another.

Lot: 2188 - 1890-CC Morgan Silver Dollar. MS-65+ (PCGS).

This premium quality Gem example delivers noteworthy condition rarity in a semi-key date Carson City Mint Morgan dollar. Both sides are gracefully toned in champagne-rose and pinkish-apricot iridescence. Lively mint luster in a frosty to modestly reflective finish shines forth powerfully to further enhance the eye appeal. Sharply to fully struck with carefully preserved surfaces. Despite its generous mintage the 1890-CC is one of the scarcer CC-Mint Morgans in today's market, with even the lower mintage 1880-CC, 1881-CC and 1885-CC more plentiful in Mint State (to say nothing of the truly common 1882-CC, 1883-CC and 1884-CC). On the other hand, the 1890-CC is one of the more frequently encountered Carson City Mint Morgan dollars in worn condition, suggesting that many were released into circulation beginning in the final decade of the 19th century. Additional coins entered commercial channels from the San Francisco Mint during the early 1940s. Mint State survivors are largely from releases to dealers and collectors during the 1930s, 1940s and 1950s, the source of these coins the storage vaults in the San Francisco Mint and Washington, D.C.'s Treasury Department Building. The MS-60 to MS-63 grade range encompasses most of these pieces, and even in solidly graded MS-64 the 1890-CC is scarce by the standards of the type. Gems in MS-65 are rare, while in MS-65+, as here, the 1890-CC is a significant condition rarity that is only infrequently encountered. Indeed, we have seen few other examples that are as smooth and attractive as this gorgeous premium Gem.

Lot: 2189 - 1891-CC Morgan Silver Dollar. MS-66 (PCGS).

This is an exceptionally well preserved, highly attractive example of a conditionally challenging Carson City Mint Morgan dollar issue. Sharply struck throughout, both sides are virtually brilliant with a full endowment of billowy mint luster. Silky smooth in appearance and a delight to behold, this coin will please even the most discerning numismatist. Despite a more generous mintage of 1,618,000 pieces, the 1891-CC is scarcer in Mint State than the lower mintage 1880-CC, 1881-CC and 1885-CC Morgan dollars, to say nothing of the 1882-CC, 1883-CC and 1884-CC issue. Even so, the 1891-CC is readily available in grades up to MS-64, although even low end Uncirculated coins are in high demand because of the coveted CC mintmark. Gems in MS-65 are scarce, and those certified any finer are decidedly rare. Among the finest known to PCGS, this lovely premium Gem would serve as a highlight in an advanced collection of Morgan dollars or Carson City Mint coinage.

Lot: 2190 - 1893-S Morgan Silver Dollar. AU Details--Cleaned (PCGS).

This coin offers the chance to acquire an overall sharply defined example of the 1893-S Morgan silver dollar for a more modest sum. The strike is well executed and crisp on both sides with just a trace of light high point rub to confirm a brief stint in active circulation. The surfaces are lightly hairlined and show a curious mix of glossy and matte-like qualities that explain the PCGS qualifier, but there are no sizable marks or otherwise singularly mentionable blemishes to report. Rather nicely retoned in pewter gray, as well, the legendary key date stats of this issue will win many admirers for this coin in today's highly competitive numismatic market.

Lot: 2191 - 1896-O Morgan Silver Dollar. MS-64 (PCGS).

A superior example of this challenging New Orleans Mint issue. The strike is well above average in an 1896-O dollar, showing bold to sharp definition to the hair curls over Liberty's ear and the eagle's breast feathers. Luster quality is also notable with a soft satin texture that is smooth enough to support the coveted Choice rating from PCGS. Attractively toned, as well, with crescents of antique gold and powder blue peripheral iridescence that give way to lighter champagne-pink toward the centers. This gorgeous coin would serve as a highlight in an advanced Morgan dollar set, as only three have been graded finer by PCGS. With a mintage figure of nearly 5 million pieces, examples of the 1896-O dollar up through Choice About Uncirculated can be obtained with minimal effort and expenditure. In spite of the liberal production figure, the vast majority of coins were subjected to circulation and relatively few pieces were hoarded in Treasury vaults. Choice Mint State pieces are relatively elusive in the marketplace, with true Gems remaining virtually unobtainable. The present MS-64 represents a significant find for the discerning collector specializing in America's favorite silver dollar series.

Lot: 2192 - 1901 Morgan Silver Dollar. JD-1. Rarity-2. Proof-66+ (PCGS). CAC. CMQ.

Richly and originally toned in charcoal-blue, rose-russet and antique golden-gray, this is a gorgeous example of one of the most eagerly sought Proofs in the Morgan dollar series. Both sides are sharply struck, universally mirrored in finish, and so smooth as to border on pristine. Lovely! The 1901 Morgan dollar, the first silver dollar coinage of the 20th century, experienced a Proof mintage of 813 pieces, though some of that production run has no doubt succumbed to the march of time. The present beauty is high in the rankings for survivors of this issue, what with its undeniable originality and rare premium Gem grade. The elusiveness and key date status of the circulation strike 1901 Philadelphia Mint Morgan dollar in Mint State further enhances the desirability of this condition rarity Proof.

Lot: 2193 - 1901-S Morgan Silver Dollar. MS-66 (PCGS).

Our multiple offerings in this sale notwithstanding, the 1901-S is a conditionally challenging Morgan dollar issue that is seldom offered above the certified MS-64 level. The present lot highlights a dazzling upper end Gem with brilliant, snow-white surfaces. Dressed in billowy satin luster that delivers bold cartwheel visual effects as the coin rotates under a light, both sides also sport sharp to full strike detail throughout the design. Even the most discerning Morgan dollar enthusiasts will be delighted with this 1901-S, a coin that would do justice to an advanced collection.

Lot: 2194 - 1901-S Morgan Silver Dollar. MS-65 PL (PCGS).

A truly remarkable example of this scarcer entry in the San Francisco Mint Morgan dollar series. Boldly struck, as befits the issue, the detail on both sides is full apart from a touch of trivial softness to the central high points. Lightly and attractively toned, as well, we note blushes of iridescent pinkish-rose here and there at the peripheries. The luster is strong with a particularly noteworthy prooflike finish that contrasts reflective fields with lightly frosted motifs. Silky smooth in appearance and sure to please even the most discerning numismatist. Elusive in all grades due to widespread melting of undistributed examples, the 1901-S was not represented in the Treasury Department silver dollar releases of 1962 to 1964 to any great extent. What coins were paid out from government stocks had already been absorbed by the numismatic community by the 1950s. Today these are widely dispersed and offerings for Gem Mint State coins are for single examples, and seldom in certified grades finer than MS-65. This condition rarity PCGS MS-65 PL is of even greater significance given Wayne Miller's assessment in his Morgan and Peace Dollar Textbook: The 1901-S is extremely rare in fully prooflike condition. Most advertised "prooflike" 1901-S dollars are lustrous, semi-prooflike pieces. Virtually all prooflikes are very unappealing, with plentiful abrasions, poor contrast, and unappealing gray luster. Solidly graded by PCGS with outstanding visual appeal, this coin is quite unlike the typical "prooflike" 1901-S dollar described by the author. It is a remarkable strike and condition rarity whose offering in this sale represents a fleeting bidding opportunity for the advanced collector specializing in this perennially popular silver dollar series.

Lot: 2195 - 1902-S Morgan Silver Dollar. MS-66+ (PCGS).

This lustrous and satin to softly frosted Gem is fully untoned with a bright, fresh, brilliant-white appearance. It is also boldly to sharply struck overall and boasts uncommonly smooth surfaces for this conditionally challenged issue. The 1902-S is one of the scarcer San Francisco Mint entries in the Morgan dollar series, many of the 1,530,000 coins produced likely melted pursuant to the terms of the 1918 Pittman Act. Even so, thousands of Mint State examples came to light through government distributions from the 1920s through the early 1950s. Obtainable with relative ease in lower Uncirculated grades, if still scarce by the standards of the type, the 1902-S remains a formidable condition rarity as an upper end Gem.

Lot: 2196 - 1903 Morgan Silver Dollar. MS-67 PL (PCGS). CMQ.

The commentary in Wayne Miller's Morgan and Peace Dollar Textbook sets the stage for this landmark offering among Prooflike 1903 silver dollars: Because of the brilliance of the 1903-P [sic] dollar, many satin-luster gems are advertised and sold as prooflikes. Actually, the 1903-P [sic] is very scarce in fully prooflike condition. Prooflikes can be difficult to distinguish from brilliant or semi-prooflike specimens, since prooflikes usually evidence little or no contrast between field and devices. The advent of third-party certification since Miller penned those lines means that the true prooflike examples of this issue are now readily distinguished from the semi-PLs and other pretenders. Current PCGS and NGC population data further confirms the rarity - not just scarcity, as Miller opined - of the 1903 with a prooflike finish. Even in lower numeric grades such pieces are elusive; in MS-67 PL the offered coin sits alone at the top of the PCGS Population Report in the PL category. (NGC reports no grading events for this issue, in this category, above MS-66 + PL.) Universally reflective in finish, as one should expect given Miller's observations, both sides of this exquisite Superb Gem are further enhanced by delicate champagne-gold iridescence and thin crescents of reddish-orange and cobalt blue here and there at the rims. Fully struck and crisp, the virtually pristine surfaces and awesome visual appeal will set this coin apart even in the most advanced collection of PL Morgan dollars.

Lot: 2197 - 1903-S Morgan Silver Dollar. MS-64 (PCGS).

Here is a premium Choice Uncirculated example of this key date entry in the later Morgan dollar series. A touch of iridescent champagne-pink toning enhances bountiful mint luster in a softly frosted texture. The strike is sharp with full definition to virtually all design elements. This is a lovely coin, one that is fully deserving of the desirable MS-64 grade assigned by PCGS. Simply put, the 1903-S is one of the rarest Morgan silver dollars in Mint State. A mintage of 1,241,000 coins is partly to blame for this, but the real culprit is its lack of distribution. With well worn survivors in grades such as Good and VG relatively obtainable, it seems likely that a fair number of 1903-S dollars entered circulation shortly after striking. Later releases of Mint State coins were few and far between, which suggests that much of the mintage succumbed to melting pursuant to the 1918 Pittman Act. This lovely near-Gem example ranks among the finer certified examples currently available. Here is a significant bidding opportunity for quality conscious Morgan dollar collectors.

Lot: 2198 - 1904-S Paramount Morgan Silver Dollar. MS-66 (NGC).

Housed in a red Paramount International Coin Corp. holder with the grade listed as Mint State 65. Beautiful frosty surfaces are brilliant in the centers with halos of soft sandy-gold and powder blue iridescence ringing the peripheries. Strike detail is razor sharp to full throughout the design, and the surfaces are expectably smooth and attractive for the assigned grade. The 1904-S is one of the most elusive Morgan dollars in all grades, as much of the mintage of 2,304,000 pieces was likely melted under the Pittman Act in 1918. Release of coins from federal storage was limited and came to an end during the 1950s; there were none in the Treasury Department releases of 1962 to 1964. This is one of the finest examples seen by NGC, a coin of further significance as one of the Morgan dollars sold by Paramount International Coin Corp. in a separate marketing campaign following their distribution of the coins from the LaVere Redfield hoard. It is a lovely example whose offering in this sale represents a significant find for advanced collectors specializing in this perennially popular series.

Lot: 2199 - 1921 Peace Silver Dollar. High Relief. MS-66 (PCGS).

Exceptionally vivid for a silver dollar of this design type, both sides are adorned with soft, iridescent toning in lilac-blue and pinkish-apricot. Fully lustrous and frosty with carefully preserved Gem Mint State surfaces. A lovely High Relief Peace dollar worthy of strong bids. The passage of the Pittman Act in 1918 required the Treasury to melt as many as 350 million silver dollars to be used for the production of subsidiary silver coinage or to be sold as bullion. It also required that the Mint strike replacement silver dollars for any that were destroyed. In just two years, more than 270 million silver dollars ended up in the Mint's crucibles, and to meet the terms of the act, low relief 1921 Morgan dollars were produced in prodigious quantities. Legislation was proposed and approved by Congress in May 1921 to issue a new silver dollar to celebrate the return of peace after World War I. The Commission of Fine Arts sponsored a competition and the design by Italian immigrant Anthony de Francisci was selected. The winning design featured a bust of Liberty modeled on his wife, Teresa, and a proud eagle standing on a rock engraved with the word PEACE surrounded by a glory of rays. The new design was not ready until late in the year and the entire production of 1,006,473 coins took place between December 26 and 31. The first of these coins were released on January 3. Well struck and with superior eye appeal, this is certainly one of the nicest Gems to come on the market in recent times.

Lot: 2200 - 1921 Peace Silver Dollar. High Relief. MS-66 (PCGS).

Minimally toned, and then again only really on the reverse, the softly frosted surfaces of this lovely piece are uncommonly smooth for this perennially popular silver dollar issue. The 1921 is the premier Peace dollar issue, and the only readily collectible one of the High Relief design type. The present example represents the grade level at which this otherwise readily obtainable date develops into a noteworthy condition rarity. Sure to see spirited bidding among advanced specialists in this brief, yet challenging silver dollar series.

Lot: 2201 - 1924 Peace Silver Dollar. MS-67+ (PCGS).

This intensely lustrous, satin to softly frosted example possesses outstanding quality and surface preservation in an example of this underrated Philadelphia Mint Peace dollar issue. Both sides are lightly and attractively toned in iridescent champagne-gold that yields to brilliance at most viewing angles. A full strike and exceptionally smooth appearance that borders on pristine round out what is a very memorable coin. Although often grouped with the 1922, 1923 and 1925 as one of the four most common silver dollars of this type, the 1924 is appreciably scarcer that those other issues in attractive Mint State preservation. As a solidly graded, premium quality Superb Gem the coin offered here is nothing short of rare from a condition standpoint. Worthy of inclusion in the finest type, date or, particularly, a specialized Peace dollar set that is competing for top ranking on the PCGS Registry.

Lot: 2202 - 1926-S Peace Silver Dollar. MS-66+ (PCGS). CAC.

This is an exceptionally well produced and preserved coin in a San Francisco Mint Peace dollar, irrespective of date. Sharply struck throughout, the hair tresses over Liberty's ear and feathers at the junction of the eagle's wing and leg are particularly noteworthy for their crispness of detail. Strongly lustrous with a silky smooth texture, the subtle patina of reddish-russet and golden-gray hues that adorns both sides further enhances already memorable eye appeal. Although the 1926-S is the most plentiful San Francisco Mint Peace dollar in Gem Mint State after only the 1935-S, the issue is seldom offered in grades above MS-64. This is the finest certified example that we can recall offering, a lovely PCGS/CAC MS-66+ whose offering will see spirited bidding among advanced Peace dollar enthusiasts.

Lot: 2203 - 1927-S Peace Silver Dollar. MS-65+ (PCGS).

An impressive strike and condition rarity in a survivor of this challenging San Francisco Mint silver dollar issue. Central detail is particularly noteworthy, with Liberty's hair curls and the eagle's feathers displaying emerging to bold definition. Luster is full and bright, the surfaces brilliant apart from blooms of delicate reddish-gold and cobalt blue iridescence at the borders. Examples of this low mintage, 866,000-piece issue were considered plentiful in the coin market of old, thanks to the release of thousands of examples from storage in the San Francisco Mint during the 1940s and 1950s. By the early 1970s, however, the coins had been widely dispersed with Mint State survivors recognized as scarce by contemporary numismatists. The distribution of the LaVere Redfield hoard beginning in 1976 changed the situation, but only for lower quality Mint State pieces, and only temporarily. Today, the 1927-S remains a key date Peace dollar, especially in well struck premium Gem Uncirculated, as here.

Lot: 2204 - 1935 Peace Silver Dollar. MS-67 (PCGS).

This is an uncommon example of both the type and the issue, and for two significant reasons. First, the surfaces are exceptionally smooth and well preserved in a Peace dollar, high grade Mint State survivors of which are rarer as a type than those of their Morgan predecessors. Second, the delicate sandy-silver iridescence that blankets both sides delivers uncommon character in a type that is often encountered brilliant. Boldly struck, highly lustrous and a delight to behold. The 1935 is the final Peace dollar delivery from the Philadelphia Mint, the mintage 1,576,000 pieces. Examples entered the numismatic market over a long period of time and, given that the issue was largely overlooked for several decades after production, it should come as no surprise to read that few were preserved with enough care to qualify for a Superb Gem rating by today's strict grading standards. This is just such a coin, and it would do justice to the finest Peace dollar set.

Lot: 2205 - 1875-S Trade Dollar. Type I/I. JK-1. MS-65+ (PCGS). CAC.

Intense satin luster is seen on both sides of this lightly toned, golden-tinged example. The strike is full in virtually all areas, and the surfaces are as nice as would be expected at the assigned grade level. At 4,487,000 pieces produced, the 1875-S has one of the highest mintages among circulation strike trade dollars, and it is one of the leading type candidates in this series. The present upper end Gem, however, is rare from a condition standpoint and represents a fleeting opportunity for high grade type collectors.

Lot: 2206 - 1876-S Trade Dollar. Type I/I. JK-2. Large S. MS-65 (PCGS).

Sharply struck with bold to full definition from the rims to the centers, both sides also possess complete, billowy mint luster. Silky smooth in texture with faint champagne-gold highlights that appear to drift toward the rims. In sum, this is a beautiful Gem that is worthy of the strongest bids. The United States trade dollar made its debut in 1873 with circulation strike coinage continuing through 1878. Authorized by the Act of February 12, 1873, which also abolished the standard silver dollar, the trade dollar had its genesis in the 1850s with growing commercial ties between merchants in the United States and the burgeoning ports and cities of Asia, especially China. During the late 19th century Asian merchants preferred to conduct business using silver coins, the favored medium of exchange being Spanish-American and Mexican 8 reales that had long been popular in the international market. In order to acquire these coins for overseas commerce, however, American merchants had to pay a premium, and calls were soon heard for a domestically produced silver coin. The only one of the United States Mint's contemporary coins that came close to filling this bill was the Liberty Seated silver dollar, examples of which were extensively used in the export trade during the late 1850s, 1860s and early 1870s. As a whole, however, these coins were unsuitable for commerce with Asian markets, in which they unable to compete with the Mexican dollar. The trade dollar replaced the silver dollar in 1873 with the specific purpose of meeting the needs of commerce with the Far East. Indeed, the new denomination was authorized at a weight standard of 420 grains, greater than the 412.5-grain silver dollar to make the trade dollar more attractive in the eyes of merchants in Asia. Yearly mintages were correspondingly much higher than those of the Liberty Seated dollar, especially at those coinage facilities closest to the ports of embarkation for the Far East (the Carson City and, especially, San Francisco mints). The trade dollar became an instant, if short-lived success in its intended role. At 5,227,000 pieces produced, the 1876-S has one of the highest mintages among circulation strike trade dollars, and it is one of the leading type candidates in this series. The Type I/I hub combination constitutes the majority of survivors and, since many are chopmarked from having passed through the hands of Chinese merchants, this issue clearly saw widespread use in the Oriental trade. Although in grades through MS-64 the 1876-S is plentiful by trade dollar standards, the issue is remarkably rare as a Gem. Indeed, the present example is among the finest certified and would serve as a highlight in any numismatic cabinet.

Lot: 2207 - 2024 230th Anniversary Flowing Hair Dollar. High Relief. Gold. Special "230" Privy Mark. 25th Coin Struck. Proof-70 Deep Cameo (PCGS). With Original Case.

1 troy ounce, .9999 fine. This is a pristine, as-struck beauty with full strike detail and awesome deep cameo contrast to the finish. Since entering the market through out landmark December 2024 auction on behalf of the United States Mint, these 230th Anniversary Flowing Hair "dollar" coins in gold with the special privy mark have continued to enjoy exceptionally strong demand from advanced collectors of modern U.S. Mint coinage. This second opportunity to acquire the 25th coin will certainly be greeted by aggressive bidding. The original case and box issued as issued by the United States Mint are included. (Total: 1 coin; 1 case and box)

Lot: 2208 - 1849-D Gold Dollar. Winter 1-B. MS-63 (PCGS). CAC. CMQ.

A fully original, exceptionally well preserved honey-rose example with razor sharp striking detail throughout. The 1849-D is the first gold dollar produced at the Dahlonega Mint and 21,588 were struck, the highest gold dollar mintage from this mint. The 1849-D is the most frequently encountered Dahlonega Mint gold dollar. Writing in his 2023 reference Gold Coins of the Dahlonega Mint: 1838-1861, Doug Winter provides for 650 to 750 or more survivors in all grades. The majority are at the EF and AU levels, and the prevalence of About Uncirculated coins suggests that many were saved as souvenirs by the public. If true, this is certainly an unusual occurrence for a pre-Civil War era Southern gold coin. In true Mint State the 1849-D is a formidable condition rarity with an extant population (again per Winter) of 50 to 100 examples. Few are original and choice enough to secure CAC approval, as here. The mintage for this issue was achieved using two die pairings that combine a single obverse with two reverse dies. The Winter 1-A variety is believed to have produced between 1,622 and 6,593 examples during July 1849 - the first Dahlonega Mint gold dollars. The Winter 1-B variety accounts for the remaining 14,995 to 19,966 examples coined from late July/early August through the end of the year. Further supporting the theory that many 1849-D gold dollars were saved as first-year souvenirs, Winter 1-A examples are more common than Winter 1-B despite having a significantly lower mintage.

Lot: 2209 - 1851-D Gold Dollar. Winter 3-D. MS-62 (PCGS). CAC.

A wonderful example of this scarce and conditionally challenged Dahlonega Mint gold dollar issue. Most survivors of the 1851-D are in EF or lower AU grades; Mint State coins are rare and number only 20 to 25 coins as estimated by Doug Winter in the 2023 edition of his reference Gold Coins of the Dahlonega Mint: 1838-1861. These are eagerly sought after by specialists, especially those precious few that have received CAC approval. The presently offered example was well struck by dies that imparted bold to sharp detail for most design elements. Vivid, satiny honey-rose color shows hints of orange patina. Exceptionally eye appealing, this premium Uncirculated example will fit nicely in any advanced gold dollar set, or represent Dahlonega Mint dollar coinage in a classic gold type set; regardless of the type of collection this coin ends up in, the cabinet will certainly be elevated.

Lot: 2210 - 1880 Gold Dollar. MS-68 (PCGS). CMQ.

This piece is a truly gorgeous Ultra Gem Type III gold dollar, lively and satiny in finish, with both sides revealing modest semi-reflectivity in the fields. The color is exquisite with pinkish-rose highlights on dominant golden-orange. A razor sharp strike and virtually pristine appearance round out the attributes for this beautiful coin. With only 1,600 pieces produced, the 1880 has the lowest mintage among circulation strike gold dollars from the Philadelphia Mint excepting only the fabled 1875. However, the 1880 is obtainable today as many were obtained by numismatists at the time of issue. Contemporary numismatic interest in low mintage circulation strike gold dollars began in earnest in 1879, and continued through the series' end in 1889, explaining the overall availability of issues such as the 1880 and the generally high quality of many of the survivors. Even so, this MS-68 example is a distinct cut above the norm, and it numbers among the finest examples known to PCGS. It will be equally well suited for high grade type or date purposes.

Lot: 2211 - 1881 Gold Dollar. JD-1. Rarity-5+. Date Right. Proof-64 Cameo (PCGS). CAC.

This premium Choice Cameo Proof specimen is uncommonly well preserved for both the type and issue. Both sides exhibit warm, original, deep rose-gold color on carefully preserved surfaces. Bold cameo contrast is seen between frosty, fully impressed devices and nicely reflective fields. Direct lighting calls forth iridescent undertones of pinkish-apricot that further enhance already strong eye appeal. The Proof mintage of 87 pieces for the 1881 gold dollar is perhaps represented by 40 to 50 individual coins today, with some duplication likely within the modest numbers reported in the PCGS Population Report and NGC Census. Among those few that offer bold cameo contrast, as here, are some of the earliest pieces struck by the Proof dies. The number of Proof gold coins produced in 1881 took a modest jump from the typical 20 to 40 pieces struck in the previous decade. Additional orders would be received from numismatists later in the 1880s, and by the time the gold dollar series ended in 1889 yearly Proof mintages had climbed into the 1,000+ coin range. The increased demand for these Proofs did not, however, result in the expected higher survival numbers based on the number of coins known today.

Lot: 2212 - 1889 Gold Dollar. JD-2. Rarity-5+. Low Date. Proof-66 Cameo (PCGS). CAC.

This delightful premium Gem 1889 gold dollar displays vivid medium gold color with intermingled reddish-gold highlights that are a bit more pronounced on the reverse. he devices are fully struck, frosty in texture, and offer strong contrast to reflective fields. Superior technical quality and strong eye appeal. By the 1880s the gold dollar had long since outlived its usefulness as a circulating medium of exchange. The denomination was originally introduced in 1849 at a time when rising silver prices due to the influx of gold from California resulted in the disappearance of coins such as the silver dollar from domestic circulation. The gold dollar was a viable alternative, and also served alongside the newly introduced double eagle as an outlet for the vast quantities of gold flowing into the Mint. The situation had changed by the 1880s, however, and yearly mintages for circulation strikes during that decade were small. At the same time, contemporary numismatic interest in saving these coins spiked, likely the result of the low mintages. Many circulation strikes were hoarded, resulting in the relative availability of even high grade Mint State examples in today's market. By 1884, in fact, interest had spread to Proofs and yearly mintages climbed above the 1,000-coin mark for every year through the series' end in 1889. That end saw a record production of 1,779 Proof gold dollars. Per Dave Bowers' carefully researched Official Red Book of United States Gold Dollars 1849-1889 (Whitman, 2011), in the mid- and late 1880s there was a great demand for gold dollar from jewelers, who used them in necklaces and other products. The Mint refused to sell circulation strikes in quantity to them, so they bought Proofs. Most such Proofs were lost to numismatics. Today in 2026 the highest mintage Proof, the 1889, is one of the scarcer Proof gold dollars of the decade. The Gem Cameo Proof gold dollar offered here fortunately avoided circulation or damage and would make an impressive addition to any advanced numismatic cabinet.

Lot: 2213 - 1831 Capped Head Left Quarter Eagle. BD-1. Rarity-4. MS-61 (PCGS).

Warm honey-olive color with hints of underlying olive. Much of the mint finish remains, the frosty design elements boldly to sharply defined and subtly contrasted with semi-reflective fields. A few faint handling marks are noted, but the in-hand appearance is pleasingly smooth for a pre-1834 U.S. Mint gold coin at the certified BU grade level. One of the most challenging series to collect in all of U.S. numismatics, the Capped Head Left quarter eagle of 1821 to 1834 actually comprises two distinct types. The Reduced Diameter issues of 1829 to 1834 were struck in a close collar, whereas their predecessors of 1821 to 1827 were not. William Kneass prepared the dies for the Reduced Diameter issues, incorporating a number of modifications to accommodate the close collar. All dates of this type are rare, the mintages limited due to the fact that the half eagle was the denomination of choice among contemporary gold bullion depositors. Even more relevant to rarity of this type is that most examples were melted after the Act of June 28, 1834 (effective date: July 1, 1834) reduced the weight of the quarter eagle from 4.37 grams to 4.18 grams. The 1831, of which only 4,520 circulation strikes were produced, has an extant population of fewer than 150 coins in all grades, perhaps no more than 125 pieces. This solid Mint State survivor will find a new home in an advanced cabinet with no difficulty.

Lot: 2214 - 1838-C Classic Head Quarter Eagle. HM-1, Winter-1. Rarity-4. AU-55 (PCGS). CAC.

Eagerly sought, yet seldom offered PCGS-certified Choice AU quality for this key date Southern gold issue. The surfaces offer an uncommon degree of eye appeal for the type with glints of reddish-apricot patina to dominant honey-gold color. Appreciable frosty luster remains, as does generally sharp striking detail that comes up significantly short only at the high points in and around the centers, where the most noticeable rub is concentrated. Free of troublesome marks and refreshingly smooth in hand, this is a premium quality example for the assigned grade that would serve with distinction in an advanced Southern gold cabinet. A delivery of 2,104 coins in July 1838 inaugurated quarter eagle coinage at the Charlotte Mint. An additional 5,776 pieces were struck later for a total reported mintage of 7,880 coins for the 1838-C, achieved using a single die pairing on which the C mintmark is boldly and widely repunched. Daryl J. Haynor provides an estimate of only 150 survivors in all grades in his excellent reference United States Classic Gold Coins of 1834-1839 (2020). Most 1838-C quarter eagles succumbed to heavy commercial use. Since the typical survivor is impaired due to cleaning or damage, that offered here is clearly one of the finest circulated examples that we have ever offered.

Lot: 2215 - 1882 Liberty Head Quarter Eagle. MS-64 PL (PCGS). CAC.

A breathtakingly beautiful example of this elusive key date entry in the U.S. Mint's classic gold series. Bathed in warm medium orange patina, both sides are fully struck over even the most intricate design elements. Prooflike in finish, with lovely surfaces that border on full Gem quality. Among the more desirable Philadelphia Mint Liberty Head quarter eagles, the circulation strike 1882 was produced to the extent of just 4,000 coins. Most survivors, which are scarce, grade AU or Mint State -- coins that were undoubtedly saved from melting by numismatists like Thomas L. Elder. Rare from a condition standpoint, this upper end MS-64 would serve as a highlight in an advanced gold cabinet. PCGS has certified just 4 examples as prooflike, this being the sole finest of those.

Lot: 2216 - 1885 Liberty Head Quarter Eagle. JD-1. Rarity-5. Proof-65 Deep Cameo (PCGS). CAC. CMQ.

Among the finest obtainable from a mintage of just 87 pieces, and graced by the high degree of field to device contrast needed to earn a Deep Cameo designation from PCGS. Indeed, the design elements are bathed in a softly frosted texture that contrasts nicely with deep reflectivity in the fields. The entire coin is dressed in vivid medium yellow-gold color that enhances already strong eye appeal. Fully struck, carefully preserved, and sure to please even the most discerning gold enthusiast. One of the more eagerly sought Proofs in the later Liberty Head quarter eagle series, the 1885 is associated by date with a low mintage circulation strike issue (just 800 pieces produced). With high grade examples of the latter issue very elusive and rarely offered in today's market, extant Proofs are under tremendous pressure from collectors. Not that the Proofs are common - far from it. With many examples melted as unsold and others lost over the years, John W. Dannreuther (2018) accounts for only 35 to 40 Proofs surviving in all grades. This is one of the few specimens that we have offered in recent decades, an important bidding opportunity not to be missed.

Lot: 2217 - 1901 Liberty Head Quarter Eagle. JD-1. Rarity-4-. Proof-65 Cameo (PCGS). CAC. CMQ.

Exceptional deep orange-gold surfaces are carefully preserved and a delight to behold. Produced to the highest standards of quality, as well, both sides sport full strike detail and profound cameo contrast between frosty devices and mirrored fields. Whispers of pinkish-rose iridescence radiate as the coin rotates under a light, further confirming the awesome originality of this expertly preserved Gem. At 223 pieces produced, the 1901 is the highest mintage entry in the Proof Liberty Head quarter series. It is also popular for type purposes as the final issue of the type produced with a cameo finish. Although the 1901 is plentiful by classic Proof gold standards, survivors are scarce in an absolute sense with John W. Dannreuther (2018) accounting for 130 to 170 coins extant in all grades. With elegant surfaces that have obviously been handled with care since the time of striking, the coin offered here is very scarce from a condition standpoint. It is sure to please even the most discerning Proof gold type or date collector.

Lot: 2218 - 1904 Liberty Head Quarter Eagle. MS-68 (PCGS).

Advanced Set Registry enthusiasts and collectors assembling top flight type sets of classic U.S. Mint gold will flock to this tied for CC#1 Mint State 1904 quarter eagle. The strike is as sharp as one could imagine, with complete definition on the central and peripheral motifs alike. Billowy luster enlivens the stunning golden-rose and apricot surfaces. Close inspection with a magnifier only confirms the initial impression of virtual perfection. Although scarcer than the 1903, 1905 and, especially, the 1907, the 1904 is still one of the more plentiful Liberty Head quarter eagles in terms of total number of Mint State coins extant. As with all issues of this type, however, the 1904 is rare in the finest grades and is seldom offered with the remarkable quality and eye appeal seen here. Exquisite!

Lot: 2219 - 1906 Liberty Head Quarter Eagle. JD-1. Rarity-4. Proof-67 Cameo (NGC).

Handsome deep orange-gold color with enhancing overtones of pale pinkish-rose. The finish is highly reflective in the fields, but there is nice frosting to the central motifs that supports the impressive Cameo designation from NGC. Fully struck and attractive in all regards. Proof coins represent the finest the Mint has to offer and nearly all of the classic gold issues in this format were produced in extremely small quantities. For example, while more than 176,000 circulation strike quarter eagles were made in 1906, only 160 coins were struck in Proof format. Survivors of the latter delivery are among the most popular Liberty Head quarter eagles for advanced collectors seeking a single Proof for type purposes, and this one is sure to please.

Lot: 2220 - 1910 Indian Quarter Eagle. JD-1. Rarity-4. Proof-66+ (PCGS). CAC.

This exceptional premium Gem specimen readily showcases the fine satin characteristics that this issue is prized for by modern collectors. The pleasing deep golden-orange color is accented by delicate apricot highlights throughout. Fully struck and expertly preserved. The 1910 is the second of only two Satin Proof issues in the Indian quarter eagle series, this finish introduced in 1909 in an effort to improve sales to collectors who did not like the Sandblast Proofs of 1908. In the end the new format proved just as unpopular, and the Mint returned to a modified version of the Sandblast finish in 1911, which continued in use with subtle texture changes through the series' conclusion in 1915. The reason for the reversion to the Sandblast finish seems to be a vote taken among attendees of the 1910 ANA Convention, which showed that that finish was more popular than its Satin counterpart among contemporary numismatists. The reported mintage of 682 pieces for the Proof 1910 bears no relation to the rarity of examples in today's market. Writing in his excellent 2018 reference on U.S. Mint Proof coins, John W. Dannreuther proposes that "a substantial number of the 682 quarter eagles struck in 1910 were likely spent by their buyers. And it [is] unlikely [that] many more than 100 Proof coins are extant today." This is one of the finest certified survivors of this underrated issue, a lovely coin that will please even the most discerning gold enthusiast.

Lot: 2221 - 1910 Indian Quarter Eagle. MS-65+ (PCGS). CAC.

Breathtakingly beautiful premium Gem quality features razor sharp strike detail, full mint luster, and vivid golden-apricot color. Scarcer than the first year 1908, and much scarcer than the 1925 to 1929 issues in this series, the 1910 is among the more elusive Indian quarter eagles in Mint State. It compares favorably to the 1909 in this regard, the typical survivor of both issues grading no finer than MS-64. This is one of the nicest examples of the issue that we have handled in recent memory, a highlight of the 20th century gold offerings in this sale that would make an impressive addition to an advanced cabinet.

Lot: 2222 - 1911-D Indian Quarter Eagle. Strong D. MS-63 (PCGS).

An Indian quarter eagle set is one of the only gold date and mint collections that can be completed without spending a huge fortune and years and years of time. A complete set of these makes a handsome display, as well. Naturally, there is one difficult key date that presents a challenge to date collectors, and that is the 1911-D, which has the lowest mintage of the series of 55,680 pieces. The Denver mintmark usually comes "strong" as seen here, but can come quite weak - as struck, however, these weak D pieces are less desirable. Notice the full strike and usual wire rim on the right side of the obverse on the present example, always found on this issue and one of the diagnostics used to confirm authenticity. Lustrous surfaces and free of all but minor signs of handling, this pleasing Select Mint State 1911-D quarter eagle will become the centerpiece of any set it graces.

Lot: 2223 - 1911-D Indian Quarter Eagle. Strong D. MS-62 (PCGS). CAC. CMQ.

This is a lovely Brilliant Uncirculated example of a key date issue in the United States Mint's celebrated Indian gold coin series of 1907/1908 to 1929/1933. Frosty honey-gold surfaces define this quarter eagle, both sides also with a tinge of light pinkish-apricot that further enhances the eye appeal. The strike detail is razor sharp throughout and includes a fully formed and crisp D mintmark. With few readily evident blemishes, this premium example is far smoother in hand than one might expect at the assigned grade level. A very nice piece.

Lot: 2224 - 1926 Indian Quarter Eagle. MS-66 (PCGS).

The 1926 is the most consistently well produced and sharply defined circulation strike Indian Head quarter eagle, and the present example does not disappoint in this regard. Both sides are fully impressed with satiny golden luster that highlights a lovely golden-apricot color. Uncommonly well preserved, as well, this delightful premium Gem is devoid of all but the most insignificant traces of contact. A high grade example that would do equally well in a top-flight type or date set.

Lot: 2225 - 1854-D Three-Dollar Gold Piece. Winter 1-A. EF-40 (PCGS).

Here is a noteworthy example to represent this key date three-dollar gold issue, the only one from the Dahlonega Mint. Handsome honey-gold surfaces are enhanced by intermingled blushes of pinkish-apricot patina. Coins of this issue are never fully struck, although this piece exhibits appreciable denticulation in a few areas on both sides. The central high points are a bit soft, due to a combination of strike and light rub, but the major design elements are still very bold for an issue that, when offered at all, tends to be in lower circulated grades. Faint traces of frosty luster persist, the surfaces a bit glossy with faint hairlines, although they are free of sizable marks and have a pleasingly smooth appearance during in-hand viewing. The mintage for this first year of issue was just 1,120 pieces, and only about 300 remain today. The majority exhibit considerable wear, as above, and many are also impaired due to cleaning, surface damage, and other problems. Mint State pieces are virtually unobtainable, thus even advanced collectors assembling date and mint sets are pressed to buy this particular issue in circulated grades. At the PCGS EF-40 level the 1854-D has always been in strong demand. Only the most aggressive bids will secure this prize.

Lot: 2226 - 1879 Three-Dollar Gold Piece. MS-64 (PCGS). CAC. CMQ. OGH.

An amazing example at the assigned grade level, and even more desirable for being housed in a PCGS Generation 3.1 holder. Vivid golden-rose surfaces exhibit lively frosty to modestly semi-prooflike luster. There are no individually mentionable marks, and the surfaces are temptingly close to full Gem Mint State status. Sharply struck and highly appealing. It soon became evident that, even though the market achieved parity between gold coins and paper currency on December 17, 1878, contemporary Americans had little desire to exchange their bills for three-dollar gold pieces. The year 1879 actually marks the beginning of the end for this unpopular denomination, for after achieving a relatively generous mintage of 82,304 circulation strikes in 1878, production at the Philadelphia Mint plummeted once again in 1879. Only 3,000 coins were delivered for potential commercial use that year, few of which were actually paid out to banks. Several hundred Mint State survivors are known, nonetheless, these likely representing coins that were set aside as numismatic keepsakes or snatched up by dealers and other speculators during the late 19th and early 20th centuries. Without such efforts this issue would be virtually unobtainable in Mint State, although in the modern market it has emerged as a significant condition rarity in attractive, original, premium quality MS-64 and higher grades. This is one of the nicest 1879 threes that we have offered in recent years and will surely see spirited bidding that results in a strong price realized.

Lot: 2227 - 1879 Four-Dollar Gold Stella. Coiled Hair. Judd-1639, Pollock-1839. Rarity-7-. Copper. Reeded Edge. Proof-64 BN (PCGS). OGH Rattler.

The Coiled Hair Stella is one of the most coveted and classic issues in American numismatics. Minted during only two years, in 1879 and 1880, there are just a handful known of each date and any appearance is an opportunity for the specialist. The obverse design is by George T. Morgan with a bust of Liberty facing left, her hair coiled in a complex braid wrapped in a coil at the top of her head. She wears a tiara inscribed LIBERTY in tiny letters. Around the obverse the legend reads * 6 * G * .3 * S * .7 * C * 7 * G * R * A * M* S* an abbreviation for 6 grams gold, .3 grams silver and .7 grams copper for a total of 7 grams. The date 1879 is below the bust. The reverse is the same seen paired with the Flowing Hair obverse, engraved and designed by Charles E. Barber. The central feature is a raised five pointed star, with a beaded inset border. Inscribed on the star is ONE / STELLA / 400 / CENTS. Around the star, in small letters, DEO EST GLORIA / E PLURIBUS UNUM. The outer legend reads UNITED STATES OF AMERICA, with FOUR DOL. below. Unlike its identically dated Flowing Hair counterpart, the 1879 Coiled Hair stella is very rare and seldom encountered in today's market. This type was prepared in only limited numbers, whereas several hundred examples of the 1879 Flowing Hair were struck in early 1880 for distribution to members of Congress and other government officials. Only 14 examples of the gold 1879 Coiled Hair stella (Judd-1638) are believed extant. The copper strikings (Judd-1639, as here) are equally as rare with Saul Teichman's census linked to the uspatterns.com website tracing only 11 or 12 distinct specimens. Of these, at least eight have been glit to simulate their gold counterparts; two are impounded in the collections of the Smithsonian Institution and Connecticut State Library. The present specimen is not included in the Teichman census, the only two non-gilt examples therein the Simpson coin in PCGS Proof-66 BN and a PCGS Proof-65 BN that most recently appeared in Heritage's August 2025 Signature Auction. This Choice Proof specimen is richly toned with copper-blue outlining to the obverse periphery and devices that yields to lighter golden-brown within the field and atop the motifs. The reverse is more evenly toned in copper-russet with underlying rose, olive-gold and steel-blue iridescence. A few faint carbon spots on Liberty's cheek and in the field before the eye help to explain the Proof-64 numeric grade, but blend into the toning and are easily overlooked in most viewing situations. With a sharp strike and overall pleasant appearance, this coin would make an outstanding addition to an advanced type set of classic U.S. Mint gold denominations.

Lot: 2228 - 1806 Capped Bust Right Half Eagle. BD-6. Rarity-2. Round-Top 6, Stars 7x6. MS-61 (PCGS). CAC. OGH.

BD Die State d/e. Softly lustrous medium gold surfaces exhibit tinges of olive and pale rose colors at isolated viewing angles. Uncommonly smooth in hand for the assigned grade, this attractive BU example also offers bold to sharp strike detail to virtually all design elements. The early years of half eagle production proved to be fraught with difficulties in maintaining die life, as the sheer number of die varieties of some of the earlier issues will attest. Since die steel was often at a premium, the Mint devoted considerable time and effort to find ways of extending the usable life of its dies. By 1806, they found what appeared to be a solution: set the obverse die in the anvil position on the base of the coining press and use the reverse in the role of hammer die. This simple change had the effect of not only prolonging the service life of the dies but also it allowed the obverse die to impart a crisper impression. This innovation proved to be instrumental in increasing production of the denomination in the coming years when demand for the denomination continued to increase in both domestic and international trade. This was made readily apparent with the 64,093 half eagles struck in 1806 when five obverse and six reverse dies were required in six different combinations. Only the final BD-6 die pair - easily recognizable by the rounded top to the 6 in the date - used the new die positioning, allowing it to have the greatest resilience of the six marriages, accounting for nearly 50,000 pieces of the overall mintage. While many thousands of early gold coins ended up in the bullion dealers' crucibles in the 1820s and 1830s, somewhere between 600 and 900 examples of the BD-6 1806 half eagles are believed extant, with nearly a third of these in high grade, making this a perfect candidate for type collectors who do not want to compromise on quality. A delightfully charming example.

Lot: 2229 - 1808 Capped Bust Left Half Eagle. BD-3. Rarity-4. Normal 5D. AU-50 (PCGS). CAC. CMQ. OGH.

BD Die State a/d. Outstanding collector quality for this challenging pre-1834 half eagle design type. Warm olive-gold color is joined by lighter pinkish-honey in the protected areas, the latter mingling with appreciable remnants of mint luster. Detail is sharp overall, wear minimal, the strike expertly centered and nicely executed. Impressively smooth during in-hand viewing, and sure to sell for a strong premium to a discerning numismatist. Four different marriages combining three obverse dies and two reverse dies were employed to coin at least 55,578 half eagles in 1808. Two of these marriages bear overdates and two have normal dates. These are roughly divided evenly in terms of overall market availability, with the edge given to the normal date varieties. The key characteristic between the two reverse dies is the spacing between the 5 and D in the denomination. The BD-3 reverse has a well balanced, even spacing particular to this die, which was first used in 1807. Several hundred examples are known of all die varieties combined, with only 100 to 125 of the BD-3 die pair believed extant (per John W. Dannreuther, 2006). No early gold half eagles can be considered common, especially in attractive About Uncirculated and Mint State preservation, and an aggressive bidding strategy will be required to secure this appealing piece.

Lot: 2230 - 1858-C Liberty Head Half Eagle. Winter-1. AU-58 (PCGS).

Here is a vivid and attractive 1858-C half eagle, displaying bold pinkish-rose patina on medium orange-honey color. The surfaces are lustrous for the grade and, while a touch of glossiness is noted for accuracy, there are no singularly distracting marks. With a production figure of 38,856, the 1858-C is one of the more readily available half eagles from the Charlotte Mint. As a mainstay gold denomination and the largest produced at this North Carolina facility, virtually the entire issue experienced much use in circulation. Most are in lower to middle level circulated condition and are often scraped, heavily abraded, or otherwise damaged. Only a small number of premium AU examples are known. For the advanced specialist in Southern gold, the chance to acquire such an example is quite rare indeed.

Lot: 2231 - 1860-D Liberty Head Half Eagle. Winter 46-FF. Large D. AU-58+ (PCGS). CAC. CMQ.

A thoroughly PQ example that ranks among the finest Choice AU 1860-D half eagles, this coin is the single highest graded example of the elusive 1860-D Large D variety certified by PCGS. Blended olive and orange-gold colors provide strong eye appeal and speak to the originality of the surfaces. Softly frosted luster is nearly full in the virtual absence of wear, and both sides are impressively smooth for an issue that Doug Winter (2023) describes as often having a "'choppy' appearance" due to numerous heavy abrasions. Ranking 16th out of 26 Dahlonega Mint half eagles in overall rarity, the 1860-D is typically offered no finer that Choice EF. About Uncirculated coins are very scarce, and enjoy heightened demand among specialists given the rarity of this issue in Mint State. The advanced collector would be hard pressed to find a nicer example than that offered here, especially for the Winter 46-FF Large D attribution.

Lot: 2232 - 1872-CC Liberty Head Half Eagle. AU-55 (PCGS).

Offered is one of the finest 1872-CC half eagles available to advanced gold collectors and Carson City Mint enthusiasts. It is a highly attractive coin dressed in vivid orange-gold and deeper honey-olive colors. Abundant mint frost remains to surfaces that are exceptionally smooth during in-hand viewing. This is not a well struck issue, and while we note characteristic softness through the centers, there is also considerable sharpness of detail toward the borders. Both the quality and eye appeal are superior. The 1872-CC (16,980 coins struck) is much rarer than the 1871-CC in all grades and is tied with the 1873-CC as the second rarest Carson City Mint half eagle in high grades after the 1878-CC. Unlike the 1870-CC, 1871-CC and 1873-CC, the 1872-CC is unknown in Mint State at PCGS (although the current version of the online NGC Census reports one grading event each in MS-60 and Unc Details). As a PCGS-certified Choice AU survivor, the offered coin qualifies as Condition Census for the issue and is fit for inclusion in the finest numismatic cabinet.

Lot: 2233 - 1909-O Indian Half Eagle. MS-62 (NGC).

A technically and aesthetically superior example of this well known rarity among Indian half eagles. Quite nice for the assigned grade, with sharp definition and strong luster for the grade. The O mintmark is fully outlined and well rounded, faint doubling to this feature is evident when viewed with a loupe. The texture is soft and frosty, and we note only tiny, inconspicuous marks helping to preclude a higher grade. Natural honey-orange and pinkish-rose in color, highly attractive for the type. From a mintage of 34,200 pieces struck during the final year of operations at the New Orleans Mint, this issue has always been considered a key date in the series. Its status as the only Indian half eagle struck at this branch mint has put perennially strong demand on survivors at all levels of preservation. Usually seen in circulated grades, this is among the most challenging issues of the type to locate in Mint State. Expect strong bidder competition for the present offering.

Lot: 2234 - 1909-O Indian Half Eagle. AU-58 (PCGS). CMQ.

This handsome piece exhibits deep, vivid, honey-rose color on both sides. Plenty of mint luster remains, the devices sharply defined in most areas and living up to the desirable Choice About Uncirculated grade from PCGS. The O mintmark is bold and fully rounded. The eagerly sought 1909-O half eagle is the only New Orleans Mint Indian half eagle, as well as the only issue in the four popular Indian and Saint-Gaudens gold series of the early 20th century attributed to this Southern coinage facility. With just 34,200 pieces produced, the 1909-O is also the lowest mintage circulation strike of its type and survivors see strong demand at every grade level.

Lot: 2235 - 1911-D Indian Half Eagle. MS-62 (PCGS).

Blended honey-gold and more vivid pinkish-apricot colors are seen on both sides of this Mint State half eagle. Satiny surfaces are suitably lustrous for the assigned grade with a bold to sharp strike to virtually all design elements. The D mintmark is uncommonly well defined and crisp overall. Only 72,500 half eagles were struck at the Denver Mint in 1911, at a time when numismatists were still in the early years of appreciating mintmarked coinage. Many collectors opted for Proof examples of a particular year. The 1911-D coins were largely ignored when they entered commercial channels, and unlike many of the other larger denomination gold coins at the time, this issue did not find its way to bags in overseas banks. Rather, based on the number of circulated examples that survive, a significant portion saw everyday use in the domestic economy, and were further reduced in quantity by the large scale Treasury melts of the late 1930s. Second only to the 1909-O in the Indian half eagle series in terms of rarity and popularity, the 1911-D has long since gained appreciation as the key issue that it is. While moderately available at the higher circulated preservation levels, in Mint State the issue becomes a remarkable condition rarity. Expect spirited bidding when this significant Indian half eagle crosses the block.

Lot: 2236 - 1913 Indian Half Eagle. MS-65 (PCGS). CAC. CMQ. OGH.

An intensely lustrous example with blended honey, sunset-gold, pinkish-rose and powder blue colors throughout. It is sharply struck and boasts exceptional eye appeal for this challenging issue. With only nine coins ranking finer at PCGS, and none at CAC, this an incredible opportunity for advanced Indian Head gold specialists. The 1913 Indian $5 is a tremendous condition rarity, with pieces readily available in lower Mint State but increasingly unavailable approaching Gem. While nearly 1 million coins were struck, this issue saw heavy use in commerce beginning at the dawn of World War I and continuing through the Roaring Twenties. Only about 41,000 coins are estimated to survive in all grades, with fewer than 150 estimated at the Gem level. This particular example with CAC approval and extraordinary eye appeal is absolutely one of the most desirable currently available. We expect strong bidding and an equally strong realized price.

Lot: 2237 - 1801 Capped Bust Right Eagle. BD-2, Taraszka-25. Rarity-2. EF-45 (PCGS). OGH.

BD Die State b/b. Iridescent toning in reddish-apricot and pinkish-rose enliven a base of warm honey-gold color. This visually appealing piece also retains sharp strike detail to most design elements, the high points of Liberty's portrait carrying much of the wear that supports the Choice EF grade from PCGS. Wispy hairlines are noted for accuracy, and there is also some glossiness to the texture from an old cleaning, but few sizeable handling marks are seen. Traces of frosty luster remain to further confirm this as a desirable About Uncirculated example of this popular early eagle design type. With 600 to 800 coins believed extant, 1801 BD-2 is a very available die marriage in the Capped Bust Right eagle series, and is immensely popular for advanced gold type purposes. Variety enthusiasts should take note that this is the earliest die pairing in the series with large, thin stars on the obverse. The large, thick star device punch introduced with the obverse die of the 1799 BD-9 variety obviously broke before preparation of this die, which was completed using a large, thin star replacement punch. The obverse and reverse dies of this variety proved unusually hardy by the standards of the early eagle series, both striking 30,000 to 40,000 coins in this pairing and the reverse going on to produce an additional 7,500 to 10,000 coins in the 1803 BD-3 marriage. Since neither die seem to have suffered any extensive damage, the reasons for their eventual withdrawal from production remain a mystery.

Lot: 2238 - 1853/'2' Liberty Head Eagle. Breen-6905. MS-61 (PCGS).

An impressive condition rarity for this interesting Liberty Head eagle variety. Handsome honey-gold surfaces are visually appealing with softly frosted mint luster. Boldly to sharply struck throughout, the surfaces are nicely composed for the assigned grade. A highlight of the Liberty Head gold offerings in this sale, and a coin that would serve as a focal point in even the finest gold cabinet. This variety was discovered in a 1960 auction sale. The supposed "overdate" feature is faint and can be difficult to discern by the untrained numismatist, although for those who know where to look it is sharp and clearly visible in the lower loop of the 3 on the present example. Although modern numismatic scholarship suggests that this variety is not an overdate, it remains popular with gold variety collectors. The 1853/'2' is scarce in an absolute sense and very rare in Mint State. Indeed, this outstanding Mint State example qualifies as Condition Census.

Lot: 2239 - 1863 Liberty Head Eagle. AU Details--Cleaned (NGC).

Here is a significant example of this leading rarity in the No Motto Liberty Head eagle series. Uniformly well defined throughout with only light wear across the high points, both sides retain considerable luster that is most intense in the protected areas around and among the design elements. The surfaces are a bit muted and show wispy hairlines to further explain the NGC qualifier, but the color is a pleasing honey-gold with pretty iridescent pinkish-rose highlights. This is certainly one of the more impressive examples of the issue that we have offered - conditionally scarce at the AU level of preservation. Yearly production of circulation strike eagles at the Philadelphia Mint fell off markedly after late December 1861, when Northern banks stopped paying out gold coins at par in exchange for paper currency. While the 1862 was produced in far fewer numbers than the 1861, the effects of this suspension in specie payments on eagle production really came to the fore in 1863, when just 1,248 were struck, one of the lowest mintages for a circulation strike No Motto Liberty Head eagle. A celebrated rarity that is always in demand among advanced gold enthusiasts, the extant population for the 1863 is thought to be fewer than 50 coins across the grading spectrum. (PCGS CoinFacts accounts for just 30 to 45 survivors.) Mint State examples are so rare that most numismatists will never see one, let alone have the chance to make a purchase. Bold and rather inviting at the AU level, especially relative to the NGC qualifier, the present offering represents a significant bidding opportunity not to be missed.

Lot: 2240 - 1868 Liberty Head Eagle. JD-1. Rarity-7-. Proof-64 (PCGS). CAC. CMQ.

This is our first offering for this classic Proof gold issue since bringing to auction (as Bowers and Merena) the Bass specimen in October 1999. Not surprising given the elusiveness of the Proof 1868 eagle, which issue started as a numismatic rarity with a paltry mintage of 25 pieces. All of these were delivered on February 20 for distribution to contemporary collectors as part of the year's Proof sets. From this total John W. Dannreuther estimates that only 10 to 12 have survived in all grades, 10 of which are traced in the 2018 volume in his United States Proof Coins reference series, including the two coins impounded in the collections of the Smithsonian Institution and American Numismatic Society. The present example is not specifically identified in the Dannreuther census and appears to have avoided modern auction appearances until now. Breathtakingly beautiful, both sides are temptingly close to full Gem preservation. The color is original in a deep golden-orange. A decided cameo finish goes unmentioned on the Generation 4.0 PCGS insert. Fully struck with an impressively smooth appearance during in-hand viewing, the technical quality and eye appeal are equally outstanding. Representing a fleeting opportunity for advanced bidders, this is one of our most significant offerings for Proof Liberty Head gold coinage in recent years and will see strong competition.

Lot: 2241 - 1870-CC Liberty Head Eagle. VF-30 (PCGS). OGH.

The key date 1870-CC is a formidable rarity in problem free preservation irrespective of numeric grade. The present lot features an outstanding Choice VF certified by PCGS, a coin whose vivid reddish-gold and honey-orange surfaces retain hints of frosty mint luster. Softness of detail at the central high points is minor for the issue, and the detail is considerably bolder toward the peripheries.

Lot: 2242 - 1874 Liberty Head Eagle. MS-64 (PCGS).

Exceptional in both production and preservation, this is one of the finest 1874 eagles that we have handled in the past several decades. The surfaces are incredibly lustrous and frosty, remaining well composed overall. With soft golden-rose color and a sharp strike, this coin is highly attractive in all regards. The 1874 is the first circulation strike eagle since 1861 to have a mintage in excess of 50,000 pieces. The Philadelphia Mint's relatively generous delivery of 53,160 eagles this year was achieved as part of the federal government's attempt to replace worn gold coins in expectation of gold and paper money achieving parity in the market (which did not happen until December 1878). While the 1874 is one of the more available eagles from the 1870s, Mint State survivors are rare. With solid Choice quality, the present offering is an important bidding opportunity for the advanced collector specializing in this challenging classic gold series.

Lot: 2243 - 1876 Liberty Head Eagle. AU Details--Cleaned (NGC).

Offered is a numismatically desirable example of a fabled low mintage rarity among Philadelphia Mint Liberty Head eagles. Warmly colored honey-orange surfaces retain faint traces of the semi-prooflike finish for which this issue is known. The strike is uniformly well executed throughout with plenty of bold to sharp definition. Lightly hairlined and overall muted in appearance to explain the NGC qualifier, but uncommonly free of sizeable marks for a lightly circulated Liberty Head $10 from the Reconstruction era. After a very low mintage for the circulation strike 1875 eagle (just 100 coins struck), production of this denomination edged upward to 687 pieces at the Philadelphia Mint in 1876, ranking it among the most eagerly sought issues of its type. Understandably elusive at all levels of preservation, this is one of few Liberty Head eagles for which the Smithsonian Institution does not include a circulation strike representative. No more than 50 examples are believed extant in all grades, one grading event each at PCGS and NGC accounting for the only certified Mint State survivors (MS-60 and MS-61 PL, respectively). A more affordable offering at the AU level, we anticipate considerable interest in this overall sharp example among advanced Liberty Head gold collectors.

Lot: 2244 - 1882-S Liberty Head Eagle. MS-64 (NGC).

Phenomenal, virtually unsurpassable quality in a certified Mint State 1882-S eagle. Bursting with full mint luster, both sides have a satiny texture that provides strong cartwheel visual effects as the coin rotates under lighting. Color is attractively original with dominant rose-gold joined by subtle powder bule and pale gold peripheral halos. Sharply struck with most design elements crisp. This uncommonly well preserved near-Gem comes from a limited mintage of 132,000 pieces. The typical Mint State survivor is heavily abraded and confined to one of the three BU grade levels. Writing in the 2008 edition of their Encyclopedia of U.S. Gold Coins: 1795-1933, in fact, Jeff Garrett and Ron Guth observe that "Examples in MS-63 and MS-64 are rare, and only two 1882-S eagles have been certified at the MS-65 level, with none higher." This NGC MS-64 is the finest we can recall offering for the issue, an outstanding condition rarity fit for the finest collection of Liberty Head gold.

Lot: 2245 - 1907 Indian Eagle. Wire Rim, Periods. Judd-1901, Pollock-1995. Rarity-3. Raised Stars on Edge. MS-65 (PCGS).

Exceptional Gem quality for this classic rarity in the 20th century gold series. Delightful golden-honey surfaces are satiny in finish with a virtually pristine appearance. The strike is full with crisp detail throughout the design. This is easily one of the most beautiful examples of this historic Indian eagle design type that we have ever had the privilege of bringing to auction. The

Lot: 2246 - 1907 Indian Eagle. No Periods. MS-65 (PCGS).

A conditionally scarce, numismatically desirable example of this popular type issue from the first year of the Indian eagle series. Intense mint luster swirls around both sides of this vivid rose-orange coin. The surfaces are fully lustrous with a delightful satiny texture to the finish. The strike is sharply executed with uncommonly bold detail in the center of the obverse, all other areas crisply rendered. This lovely example will be a significant addition to a high quality gold type set or advanced 20th century gold cabinet. The Philadelphia Mint produced 239,406 examples of the modified No Periods design in 1907. As the first examples of the new eagle to reach the general public, many 1907 No Periods coins were saved for posterity and Mint State pieces are plentiful in an absolute sense. On the other hand, many of these coins suffer from soft striking detail in the centers as well as general mishandling. For specialists seeking exceptional coins for their collections, this issue can be challenging at the finer levels of Mint State preservation, as here. This is a significant opportunity to acquire a superior-quality example of the first circulating coin of the Saint-Gaudens $10 Indian eagle type.

Lot: 2247 - 1908 Indian Eagle. Motto. MS-66 (PCGS).

A visually stunning example with exceptionally smooth surfaces for a survivor of this challenging 20th century gold type. Fully struck with intricate detail to all devices, both sides also display intense mint luster in a lively satin texture. Bathed in a blend of golden-apricot and lighter pinkish-rose colors, this smooth and inviting premium Gem would serve with distinction in a top-flight Indian eagle set. In general, the 1908 Motto issue is not that difficult to obtain. The mintage of 341,486 pieces suffered the usual mass meltings in later years, and today there are perhaps three to four percent of those coins around. This is one of the more common issues in the series, as such, although it is certainly much less often seen in Gem condition than the 1907 No Periods and the 1926 and 1932 issues.

Lot: 2248 - 1908-S Indian Eagle. MS-64+ (PCGS). CAC. CMQ.

This is a superior specimen with pristine-looking surfaces, intense satiny mint luster, and amazing vivid golden-apricot color. There are no hints of copper spotting or any other detracting surface issues. The luster and planchet color combine with the surface quality to make this one of the very finest 1908-S Indian eagles available in today's market, as well as one of the most visually pleasing. The 1908-S Indian eagle has long been considered one of the rarities of this series. Most of the mintage went into commercial channels as this date and mint are commonly found with wear - others for reasons unclear are found in high Mint State grades. Another factor which reflects the whims of chance is the fact that a few dozen of these are actually in Gem condition or finer. Given the modest mintage of 59,850 pieces and the early date of issue for this series, this is indeed quite extraordinary. Why this is so shall likely remain undiscovered, but this premium near-Gem example is a coin that any collector will appreciate. If you are assembling an advanced collection of Indian eagles, or want a significant coin for your type set, here is the perfect candidate with superior quality, immense eye appeal and extraordinary luster.

Lot: 2249 - 1908-S Indian Eagle. MS-64 (PCGS).

This is a lovely coin, expertly produced and preserved with great care. The design elements are sharply rendered with bold detail extending even to the central high points. The surfaces are lustrous and satiny with a considerable intermingling of mint frost. Bathed in vivid bright reddish-apricot color, this is a premium coin for the assigned grade that presents as strongly as some certified MS-65s that we have handled for this issue over the years. The premier San Francisco Mint Indian eagle, the 1908-S has a low mintage of just 59,850 pieces produced. A surprising number of high grade Mint State examples are known, suggesting that some coins were set aside by contemporary Americans as the first examples of the new type struck in the West Coast coinage facility. The total Mint State population is limited by Indian eagle standards, nonetheless, and examples are avidly sought by numismatists irrespective of numeric grade.

Lot: 2250 - 1911-S Indian Eagle. MS-64 (PCGS).

This is a vivid and visually appealing example with superior technical quality and eye appeal in a 1911-S Indian eagle. Smartly impressed surfaces are sharply defined from the rims to the centers with a full endowment of softly frosted mint luster. Strong pinkish-apricot patina mingles with the overall honey-gold color. Nicely untroubled across the high points and truly delightful to examine in hand. One of the most challenging Indian eagles to collect in all grades, the 1911-S boasts a limited mintage for the type at just 51,000 coins struck. Before the discovery of a small hoard of Uncirculated examples in Europe during the 1970s, the 1911-S was considered equally as rare as the highly regarded 1930-S. Today this issue ranks sixth in overall Mint State rarity among the 32 issues in the circulation strike Indian eagle series. It is still a scarce issue when viewed in the wider context of the 20th century gold series, Choice survivors such as this remaining rare from a condition standpoint.

Lot: 2251 - 1913-S Indian Eagle. MS-63 (PCGS).

This is a lovely and rare Uncirculated example of the low mintage, key date 1913-S Indian eagle. Sharply struck, save for a bit of typical softness on the eagle's left wing tip, this impressive coin also offers rich rose-gold color and nice satin luster. The appearance is typical for the assigned grade with a few minor bag marks here and there, but still solidly in the Select Mint State category. One of several particularly significant Indian eagles that we are offering in this sale, and sure to see spirited bidding among advanced 20th century gold enthusiasts. With a mintage of 66,000 pieces, the 1913-S eagle has long been recognized as one of the key issues of its type. As with many of the higher denomination gold issues from the early 20th century, most ended up in government melting pots during the late 1930s. Until population figures became more established, the 1913-S was regarded as the undisputed condition rarity in the Indian eagle series at and above the MS-65 grade level. It has been dethroned by the 1911-D, but it remains rarer than that Denver Mint issue in terms of total number of Mint State coins extant. While available to some degree in circulated grades, the 1913-S is elusive at even the lowest Mint State levels. As Jeff Garrett and Ron Guth noted in the 2008 edition of their Encyclopedia of U.S. Gold Coins: 1795-1933, "Any Indian Head eagle collection would be truly defined by the presence of both a 1913-S and a 1911-D issue." The present sale represents a remarkable opportunity for advanced 20th century gold collectors to obtain a fully Uncirculated example of this highly regarded issue.

Lot: 2252 - 1914-D Indian Eagle. MS-65 (PCGS).

The luster of this engaging Gem is astonishing at first glance, exhibiting a matte-like texture in the fields and more of a satiny finish across the design elements. Faint suggestions of pinkish-apricot and reddish-rose iridescence paint each side, enhancing overall smooth and virtually undisturbed surfaces. A sharply produced and impressively preserved example. The 1914-D is one of the more available of the branch mint Indian eagle issues with a mintage of 208,000 pieces. The coins were struck at a time of growing hostility in Europe and economic skittishness at home. The great melts of the 1930s claimed many coins, while some eagles were shipped abroad in the form of foreign payments where they remained until after World War II before returning stateside. The majority of survivors are heavily bagmarked, the telltale signs of this storage and transportation in sacks. Gem Mint State examples are in short supply and with only a handful of specimens that may be considered finer, this a splendid example fit for the finest of eagle cabinets.

Lot: 2253 - 1914-S Indian Eagle. MS-64 (PCGS).

This Choice quality 1914-S Indian eagle would make an impressive addition to an advanced 20th century gold set. Evenly toned in warm rose-orange, both sides are lustrous and satiny. The strike is suitably bold for a San Francisco Mint Indian eagle, especially on the obverse. Among the scarcer circulation strikes of this type, the 1914-S ranks 17th of 32 issues in terms of total number of Mint State coins believed extant. It is more challenging to locate than the 1909-D, 1910-D and 1914-D, and is a significant condition rarity in MS-65 and higher grades. With premium Choice quality and an impressive numismatic provenance, this lovely near-Gem represents an important find.

Lot: 2254 - 1914-S Indian Eagle. MS-64 (PCGS).

An unusual second bidding opportunity in this sale to acquire a visually appealing, conditionally scarce 1914-S Indian eagle at the Choice Mint State grade level. Really a pretty piece, we note iridescent pinkish-apricot patina to a base of dominant mint color in warm orange-gold. Wisps of pale powder blue are also present to further tempt the particularly persistent viewer. Lustrous with a soft satin texture, the surfaces are uncommonly smooth and well composed in a survivor of this challenging issue. A crisp strike rounds out a truly noteworthy list of attributes for this significant piece.

Lot: 2255 - 1915-S Indian Eagle. MS-62 (PCGS). CAC.

Impressive and highly significant CAC-approved Mint State preservation for this key date Indian eagle issue. Pleasingly sharp in strike, both sides also offer bountiful mint frost and soft golden-honey color. One of the lower mintage entries among circulation strike Indian eagles, the 1915-S was produced to the extent of just 59,000 pieces. Uncirculated survivors are scarce in an absolute sense and rarer than those of the 1910-S, 1912-S, 1914-S and 1916-S, to name just a few other issues of this type. In fact, this is the eighth rarest Indian eagle in Mint State, with perhaps no more than 350 Uncirculated examples remaining in all grades. Only a dozen examples at this level have been stickered by CAC, emphasizing the fleeting nature of this offering for quality-conscious gold collectors.

Lot: 2256 - 1916-S Indian Eagle. MS-64 (PCGS).

Handsome honey-apricot surfaces are fully lustrous in a satiny texture. Both sides are sharply struck with solid Choice Mint State quality. The 1916-S is the 10th scarcest of the 32 issues in the Indian eagle series. Although the recorded mintage of 138,500 pieces implies availability, this is only true through lower Uncirculated grades. Furthermore, this date suffered particularly from the massive melting of gold coins in 1937, and most of those known today returned from European banks in the most recent two generations. Near-Gem examples like the present piece are truly scarce, and PCGS has certified few finer through MS-64.

Lot: 2257 - 1853-O Liberty Head Double Eagle. Winter-1. AU-58 (NGC).

Highly desirable quality and superior eye appeal for this scarcer New Orleans Mint double eagle issue. It is a vivid example bathed in warm honey-orange and deeper olive-gold colors. Overall boldly defined with much original frosty luster evident as the surfaces rotate under a strong light. Double eagle production at the New Orleans Mint reached its lowest point since the beginning of the series in 1853 with just 71,000 pieces produced. The distribution of the 1853-O is the same as that of the 1850 to 1852 New Orleans Mint deliveries, the coins seeing extensive domestic circulation in the South and west of the Mississippi River beginning in the year of issue. Some worn examples were likely included in international transactions of later years. Only 500 to 600 coins are believed extant in all grades, and Q. David Bowers (2004) describes the 1853-O as " the gatekeeper to what becomes a series of hard-to-find New Orleans double eagles." This is a visually appealing example for the grade that would do nicely in an advanced double eagle set or Southern gold cabinet.

Lot: 2258 - 1854 Liberty Head Double Eagle. Large Date. AU-58 (NGC).

A significant offering for advanced double eagle enthusiasts, this is a condition rarity example of the elusive 1854 Large Date double eagle. Aesthetically pleasing, both sides are bathed in a warm, deep honey-orange color and retain plenty of soft mint luster. Sharply to fully struck throughout. Circulation strike double eagle production at the Philadelphia Mint amounted to 757,899 coins in 1854, a total that was split between Small Date and Large Date varieties. The latter is by far the rarer date style of the issue, and it likely amounts to no more than 10% of the coins extant. According to Q. David Bowers (2004) only three to five Mint State examples are known, and he describes the 1854 Large Date as "by [far] the rarest Philadelphia Mint double eagle minted up to this point in time." While the number of Uncirculated and Choice AU coins has crept up slightly over the last couple of decades, the variety remains a formidable condition rarity at these levels. We anticipate strong bidder competition when this NGC AU-58 crosses our auctioneer's block.

Lot: 2259 - 1854-S Liberty Head Double Eagle. AU-55 (NGC).

A vivid, remarkably attractive example of this eagerly sought double eagle issue. Boldly to sharply defined with plenty of luster remaining, both sides also feature a handsome blend of honey-gold and warmer orange-apricot colors. After several years of political wrangling, the mint in San Francisco was finally opened for business in March 1854. The mint was first located in the offices of highly regarded private coiners Moffat & Company at 608-610 Commercial Street until 1874 when it was replaced by a larger facility better suited for mass production. The first coins struck were the five main gold denominations: the gold dollar, quarter eagle, half eagle, eagle, and the double eagle. A total of 141,468 $20 gold pieces were struck that first year, all of which were promptly absorbed into the regional economy and would remain there for years. Because of the coins' heavy use in a cash-starved West, this is a comparatively scarce issue that is almost always found in low grades. It was not until a group of 1854-S double eagles were found on the wreck of the Yankee Blade that any examples in higher degrees of conservation became available. Even so, this issue is rare in Mint State and unknown above MS-65, stressing the significance of the present Choice AU specimen.

Lot: 2260 - 1854-S Liberty Head Double Eagle. EF-40 (PCGS).

We are pleased to be offering multiple examples of this historic first year San Francisco Mint double eagle issue in this sale. The PCGS EF-40 specimen in this lot is vividly toned with flashes of reddish-rose iridescence to dominant olive-orange color. Plenty of bold to sharp strike detail remains, and the persistent viewer will be further rewarded with wisps of original luster. Flashy and attractive EF quality that will appeal to many specialized double eagle collectors.

Lot: 2261 - 1856-S Liberty Head Double Eagle. MS-63 (PCGS). CAC. CMQ. OGH.

An incredible display of brisk cartwheel luster and vivid golden-apricot color illuminate the satiny surfaces of this beautiful double eagle. Fully struck and visually appealing, both sides are free of even trivial distractions and approach Choice Mint State quality. Though nearly 1.2 million examples of this issue were produced, survivors are surprisingly scarce in Mint State. The recovery of 1,085 examples from the wreck of the S.S. Central America somewhat increased availability, though fewer than 500 pieces likely exist across all Uncirculated grades. In PCGS/CAC MS-63 this particular example is one of the nicest we have ever offered at this certified grade level - an exquisite piece that will appeal to advanced double eagle collectors, California Gold Rush enthusiasts, and those with an interest in shipwreck treasure. Watch this one go!

Lot: 2262 - 1857-S Liberty Head Double Eagle. Variety-20A. Spiked Shield. MS-67 (PCGS). CAC. With One Pinch of California Gold Dust. SS Central America Label.

This historic shipwreck treasure remains one of the finest survivors of this San Francisco double eagle. It displays lovely apricot-gold color throughout. Fully struck with virtually pristine surfaces and subtle prooflike reflectivity in the fields, this coin would do justice to the finest gold type set or specialized cabinet of Liberty Head double eagles. This coin is housed in a special large

Lot: 2263 - 1857-S Liberty Head Double Eagle. Variety-20B. Bold S. MS-65 (PCGS). CAC. With One Pinch of California Gold Dust. SS Central America Label.

This is an exceptional example of the popular 1857-S Liberty Head double eagle. The finish is satin to softly frosted with faint traces of semi-reflectivity in the fields, providing a slight contrast with the design elements. Fully struck and displaying rich, vivid color on each side. A simply gorgeous example of this historic issue that will certainly elicit strong bids from a wide variety of collectors. This coin is housed in a special large size PCGS holder that also includes one pinch of California gold dust. The back of the PCGS insert features the signature of Bob Evans, chief scientist and historian of the SS Central America treasure. Under Evans' signature is the note: "I certify this coin and gold dust were recovered from the S.S. Central America."

Lot: 2264 - 1857-S Liberty Head Double Eagle. Variety-20A. Spiked Shield. MS-65 (PCGS). Gold SS Central America Label.

A splendid example of this historic double eagle issue. Lustrous surfaces exhibit a bold satin to softly frosted finish. The color is beautiful, predominantly golden-apricot with deeper orange halos at the borders. With a full strike and solid Gem Mint State quality there is much to recommend this coin to discerning gold enthusiasts. A simply lovely double eagle irrespective of type or date, this 1857-S hails from the Central America treasure, the primary source of high grade Mint State specimens. Unlike in the East where paper money was readily accepted in commerce, gold and silver were the preferred coin of the realm out in the West. The coins struck at the San Francisco Mint, especially in its early years, entered circulation and remained there. This was especially true for double eagles which served as one of the principal denominations for larger transactions for generations. For many years, the best example of a Type I double eagle struck at the San Francisco Mint would be in the AU range. That all changed with the discovery of the wreck of the S.S. Central America in the late 1980s. When the Central America sank off the coast of North Carolina on September 12, 1857, the loss was so great that it helped precipitate the Panic of 1857 and led to thousands of bank failures. Among the huge numbers of gold ingots, nuggets, and other coins, the steamship was also carrying a shipment of some 5,400 freshly struck 1857-S double eagles in its hold. Once the find was made available for sale, numismatists could not only acquire a Mint State example of this issue, but could entertain the possibility of Gem specimens. In fact, the majority of the recovered specimens are at the Choice to Gem Mint State level of preservation. That said, only a distinct minority have been certified MS-65 or finer, all of which are eagerly sought not only by double eagle specialists, but also keen enthusiasts of Gold Rush history and shipwreck lore. A radiant example of an historic issue that will certainly please the successful bidder. This lot includes the original presentation case and box for the coin, as well as a Standard Edition copy of Q. David Bowers' popular reference A California Gold Rush History (2002). The supporting items are available to the winning bidder upon request to Stack's Bowers Galleries at the close of the auction. (Total: 1 coin; 1 book; 1 case/box)

Lot: 2265 - 1861-S Liberty Head Double Eagle. A.C. Paquet Reverse. EF-45 (NGC).

A major offering for this fabled rarity, this attractive 1861-S Paquet Reverse double eagle stands tall among the gold highlights in our current sale. Awash in rich honey-orange color, the surfaces also sport an extensive intermingling of vivid reddish-rose iridescence. Remnants of a frosty mint finish flash into view as the coin rotates under a light. Boldly defined through the centers with a

Lot: 2266 - 1866-S Liberty Head Double Eagle. No Motto. AU-53 (NGC).

This vivid honey-olive and pinkish-gold 1866-S double eagle presents very well for a lightly circulated example of this key date San Francisco Mint issue. Appreciable luster remains, and both sides retain bold strike detail to all devices with the exception of a few around the peripheries, which are softly struck. Faint hairlines and some glossiness are noted for accuracy; these attributes are quite common for the issue, but we see no marks that are individually distracting during in-hand viewing. The net result is an uncommonly and impressively smooth coin that will surely appeal to astute double eagle enthusiasts. The story of the 1866-S No Motto double eagle starts five years earlier with the outbreak of hostilities between the Union and the secessionist states. The nation's morale was severely wounded and as an appeal during this time of national crisis, Reverend M.R. Watkinson of Ridleyville, Pennsylvania petitioned Secretary of the Treasury Salmon P. Chase urging the placement of a motto acknowledging "Almighty God in some form in our coins." Approving of this request, Chase instructed the director of the Mint to create designs and prepare patterns with various versions of the motto that he could take to Congress. Congress also thought kindly of the change and on April 22, 1864, they passed a law that specified the addition of the motto IN GOD WE TRUST on the newly created two-cent coin. The following year, Congress instructed that the motto be added to all gold coins of suitable size - half eagles and larger - starting in 1866. The Philadelphia Mint began preparations in late 1865 for the change to the Motto reverse. The reverse dies were then shipped to San Francisco but because overland transit took more than two months during that era, they did not arrive until March. In the meantime, because the demand for coin, especially the double eagle, was strong on the West Coast, the San Francisco Mint went ahead with production of 1866 half dollars, half eagles, eagles, and double eagles using the older No Motto reverse dies on hand. Once the new dies arrived the old ones were swiftly retired, but not before around 120,000 No Motto double eagles were struck and released into circulation, where they remained for many years. This issue suffered a very high attrition rate and now the 1866-S No Motto double eagle is widely considered the second rarest San Francisco Mint issue of this denomination, ranking behind only the legendary 1861-S A.C. Paquet Reverse. The 200 or so known pieces are primarily in VF or EF condition, often with significant impairments or otherwise limited eye appeal. As an aesthetically pleasing NGC AU-53, the offered example is an important rarity worthy of the strongest bids.

Lot: 2267 - 1869 Liberty Head Double Eagle. MS-63 (PCGS). CMQ.

An original and highly attractive example with handsome color to lustrous, satiny surfaces. Very well struck for the type with superior quality and eye appeal for an issue that is rarely encountered in certified grades finer than MS-62. The Type II double eagle as a whole is among the most challenging issues to obtain in high grade. The Type I double eagle is available in Uncirculated thanks in part to treasure recovered from ships like the S.S. Republic, S.S. Brother Jonathan, and most notably the S.S. Central America. Even Type III issues can be found in moderately higher grades courtesy of repatriations of large quantities from overseas as well as efforts by well-positioned and well-heeled numismatists. This is not the case with the Type II double eagle where high degrees of preservation is much more rarefied and more by chance. The 1869 double eagle is no exception. In that year, 175,130 double eagles were struck at Philadelphia with an additional 686,750 at the San Francisco Mint. While many San Francisco-produced double eagles entered the channels of commerce, those coined in Philadelphia tended to be obtained by large banks or other trading firms who used them for international commerce, shipping them in large quantities overseas. Those that remained in circulation domestically experienced the typical rigors of commercial use and are generally found in EF to AU. Large quantities of the issue ended up in the Treasury's melting pots during the 1930s, leaving even fewer behind. After the Second World War, some of the coins that were shipped overseas found their way back to the United States, but only a few turned out to be in Mint State, almost exclusively between MS-60 and MS-62. Above that level and this issue is a major condition rarity. One would be hard pressed to find a finer and more appealing example that this Condition Census rarity in PCGS MS-63, and it would serve equally well in an advanced Mint State type or date set.

Lot: 2268 - 1869 Liberty Head Double Eagle. MS-62 (NGC).

One of several Mint State examples of this issue that we are offering in this obviously unusual (for the 1869 double eagle) auction event, this NGC-certified BU coin delivers vivid color on pleasingly lustrous surfaces. It is well struck for this challenging type, as well, and will delight any advanced $20 gold enthusiast in today's highly competitive numismatic market.

Lot: 2269 - 1869 Liberty Head Double Eagle. MS-61 (PCGS).

An alternative to the NGC MS-62 example offered in the preceding lot, this PCGS-certified Philadelphia Mint 1869 in MS-61 deserves equal consideration for inclusion in an advanced Mint State double eagle set. Uncommonly well preserved and visually appealing, both sides are lustrous for the grade with an impressively sharp strike. Pretty color, too, and a coin that will surely see spirited bidding.

Lot: 2270 - 1869 Liberty Head Double Eagle. MS-60 (NGC).

This flashy and vivid piece combines a frosty reverse with a decided semi-prooflike obverse. Both sides are warmly colored in honey-gold, the reverse also with a hint of pinkish-rose evident as the coin rotates under strong lighting. The strike is uncommonly sharp for a Liberty Head double eagle of this design type, and the surfaces reveal few individually distracting marks despite obvious handling to account for the BU assessment from NGC. Visually pleasing for the grade, and eagerly awaiting inclusion in an advanced double eagle set.

Lot: 2271 - 1873-S Liberty Head Double Eagle. Close 3. MS-62 (PCGS). CAC. CMQ.

Colorful golden-apricot color blends with strong mint luster on both sides of this attractive piece, the surfaces further enhanced by blushes of champagne-pink and powder blue iridescence. Sharply struck overall with superior quality and eye appeal for a BU double eagle of the Type II Liberty Head design. The mintage of this variety comprised the larger part of 1,040,060 pieces for the 1873-S double eagle. These coins circulated extensively in commerce on the West Coast and, after having seen some use, were also used in the export trade (this at a time when gold coins did not circulate in the East or Midwest, a period that extended until December 1878). It seems that many 1873-S double eagles were exported to South America, probably around the turn of the 20th century. Information concerning specific overseas hoards is very difficult to find as the banks and governments involved prefer secrecy. We estimate that 350 to 450 Mint State examples survive for the 1873-S Close 3. Most are in the lowest grades, MS-60 or MS-61. Virtually all are coins repatriated after World War II. Before the 1960s, Mint State 1873-S double eagles were very rare in numismatic hands. Indeed, it was not until the 1990s that they were seen with some frequency, although attractive MS-62 examples such as that offered here are very scarce in this superior state of preservation.

Lot: 2272 - 1889-CC Liberty Head Double Eagle. AU-58 (PCGS).

Vivid pinkish-rose highlights blend with dominant honey-orange color on both sides of this nicely preserved example. Near-fully lustrous with virtually complete strike detail also remaining. The Carson City Mint produced a mere 30,945 double eagles in 1889. Circulated survivors are relatively obtainable by Carson City Mint double eagle standards, although most are confined to lower grades than that offered here. This is a numismatically significant coin that will enjoy strong demand among both mintmarked type collectors and series specialists.

Lot: 2273 - 1891 Liberty Head Double Eagle. JD. Rarity-6-. Proof-58 (NGC).

Rich orange-gold surfaces with heavily frosted motifs and deeply mirrored fields. Strike detail remains virtually full throughout the design, and it is mostly a plethora of small and moderate-size handling marks that explains the Proof-58 grade from NGC. Still a visually appealing coin, a significant rarity as a Proof Liberty Head twenty irrespective of date, and of the utmost desirability given the key date status of the circulation strike 1891 Philadelphia Mint double eagle. The Philadelphia Mint produced just 52 Proof double eagles in 1891 using a single pair of dies that have recently become known as JD-1 (John W. Dannreuther, 2018). As with all issues in the Proof Liberty Head double eagle series, the 1891 is a major numismatic rarity at all levels of preservation. Dannreuther estimates that only 18 to 22 coins are extant, an estimate that is actually a bit higher than those of contemporary Proof double eagle issues with similar mintages. The reason for this, in Dannreuther's words: The 1,390 mintage of the circulation strikes [from the Philadelphia Mint that year] makes date pressure the primary reason that more 1891 Proofs have survived than for 1890 that had an almost identical production. This is a common theme for all United States issues with low circulation strike outputs. Collectors would not spend a Proof issue if they knew that other collectors would pay a premium for their coins or they could not easily replace their Proof with a commercial strike. Now as then, the low mintage and key date status of the circulation strike 1891 double eagle keeps demand for the surviving Proofs high among advanced gold enthusiasts. Of course, the Proof 1891 is an impressive rarity in its own right with examples seldom appearing on the market. This is a particularly interesting offering in that it is for a coin whose appearance suggests a course of action virtually ruled out by Dannreuther's argument, as quoted above. Indeed, the surfaces are highly suggestive of a coin that was released into commercial channels and spent decades being moved from vault to vault in a bag with circulation strike double eagles. It survived nonetheless, and has come down to the present day retaining irrefutable evidence of its Proof status. The opportunity to acquire any Proof $20 of this date deserves serious bidder consideration, and we expect keen interest in this ex Fairmont Collection specimen.

Lot: 2274 - 1893-CC Liberty Head Double Eagle. MS-63 (PCGS).

Vivid golden-orange surfaces are further enhanced by speckles of reddish-rose color. Intensely lustrous with a satin to softly frosted finish, both sides are fully struck from the rims to the centers with an exceptionally smooth appearance for a CC-Mint double eagle. The Carson City Mint's final double eagle issue has a mintage of just 18,402 pieces. The institution had struggled against politics and other factors since its opening in 1870, but time had finally run out in 1893. Perhaps not coincidentally, the nearby Comstock Lode also largely dried up by 1893, the heady days of gold mining at the site rapidly coming to an end. With an above average rate of survival for a Carson City Mint double eagle, the 1893-CC is more obtainable in today's market than the mintage might suggest. This is fortunate for collectors, allowing many to acquire an example of a historic issue from one of the nation's most romanticized and popularly collected coinage facilities. For the advanced collector only a Mint State coin will do, however, and such pieces are scarce in an absolute sense with Rusty Goe (2020) allowing for only 290 to 350 examples. The offered specimen is among the very finest obtainable in today's market and is highly recommended.

Lot: 2275 - 1893-CC Liberty Head Double Eagle. MS-63 (PCGS). CMQ.

The present sale offers multiple opportunities for advanced collectors to secure a high quality Mint State survivor of this historic final year issue in the Carson City Mint double eagle series. Offered here is a pretty Select Uncirculated piece with crisp, razor sharp strike detail and billowy satin luster. Bathed in warm honey-apricot color, as well, the surfaces are minimally marked with superior eye appeal at the assigned grade level. Sure to see spirited bidding.

Lot: 2276 - 1893-CC Liberty Head Double Eagle. MS-62 (PCGS). CMQ.

Really a pretty piece, both sides exhibit enhancing blushes of vivid reddish-rose iridescence on a base of warmer honey-orange color. Luster is full and satiny with modest cartwheel visual effects evident as the coin rotates under a light. Boldly struck overall, with the focal features razor sharp to full, this is a premium BU example of a historic and eagerly sought Carson City Mint gold issue.

Lot: 2277 - 1894-S Liberty Head Double Eagle. MS-65 (PCGS). CAC. CMQ.

This is a rare issue in Gem Mint state preservation, and the present example is one of the two finest certified to also have been stickered by CAC. A thoroughly PQ coin, both sides are aglow with vivid golden-apricot color. Luster is full and satiny on surfaces that are expectably smooth for the assigned grade. A razor sharp strike further enhances the desirability of this highly significant Liberty Head gold coin. The San Francisco Mint produced 1,048,550 double eagles of this date, most of which were used in overseas transactions. We estimate 6,000 to 10,000+ Mint State examples of the 1894-S can be found today, generally at the low end of the Uncirculated scale, though MS-63 and MS-64 examples can be found with patience. In the 1930s and 1940s an EF example of the date was considered a top-notch coin, though that changed after World War II when large quantities of the issue were returned to America by coin dealers and others. As with so many other issues in the popular and widely collected Liberty Head double eagle series, however, the 1894-S remains a formidable condition rarity in Gem Mint State. This is one of the very finest examples available to today's discerning numismatists, a breathtakingly beautiful coin that is sure to see spirited bidding at auction.

Lot: 2278 - 1894-S Liberty Head Double Eagle. MS-65 (PCGS).

A fleeting second bidding opportunity for the high grade double eagle enthusiast searching for an example of the 1894-S. Billowy satin luster flows serenely over both sides of this expertly preserved, virtually pristine Gem. The strike is sharp to full throughout, and the eye appeal is nothing short of outstanding.

Lot: 2279 - 1901 Liberty Head Double Eagle. MS-65+ (PCGS).

Gorgeous rose-gold surfaces are fully lustrous with a predominantly smooth, satin to softly frosted texture on both sides. Sharply struck, as well, and a delight to behold. Only 111,430 circulation strike double eagles were coined at the Philadelphia Mint in 1901. Although this is a fairly low mintage by 20th century standards, a large proportion of the production figure has survived to the present time, as indicated by population reports and other data. In fact, Q. David Bowers, in his 2004 Guide Book of Double Eagle Gold Coins, gives a high end estimate of more than 15,000 Mint State coins extant. Premium Gems such as this, however, are rare and always in demand among discerning gold collectors.

Lot: 2280 - 1903 Liberty Head Double Eagle. MS-66 (PCGS).

Here is a truly exceptional 1903 double eagle with golden-orange surfaces and a remarkable strike on both sides. The luster is uniformly satiny throughout, gently cartwheeling behind a dusting of original apricot and powder blue patina. Incredibly smooth beneath a glass and delightful to examine. The 1903 is one of the lower mintage circulation strike Liberty Head double eagles from the 20th century. Only 287,270 pieces were produced, falling dramatically short of the 6.2 million that would be struck in Philadelphia the following year. Fortunately, ten of thousands of Uncirculated 1903 double eagles are available for today's collectors, though most of these are in grades of MS-64 or lower with bagmarks and similar defects. This issue becomes surprisingly scarce in Gem, and the present MS-66 is among the very finest known.

Lot: 2281 - 1904 Liberty Head Double Eagle. MS-67 (PCGS).

A satiny golden-apricot 1904 double eagle with razor sharp strike detail throughout the design. The surfaces are silky smooth and impressively well preserved for both the issue and the type. By the early 20th century gold coins no longer actively circulated within the United States, except for limited use on the West Coast, where local needs were easily met by the San Francisco Mint. As such, it seems that most 1904 Philadelphia Mint double eagles were used in international commerce, generally in the form of shipment to England or France. Hundreds of thousands of these coins returned to the United States beginning after World War II, and the 1904 is the most available issue of its type in Mint State. At the Superb Gem Uncirculated level, as here, the 1904 is an extraordinary condition rarity. Even our recent impressive offerings from the Fairmont Collection have not yielded an example certified finer than MS-66. The Cardinal Collection specimen that sold in our November 2017 Baltimore Auction was the previous record holder for highest graded 1904 double eagle in our archives; it was certified MS-66+ by PCGS. In fact, only two PCGS MS-67s has ever sold at auction. The first realized $73,438 in Legend's June 2019 Regency Auction 33, and was a different example than that offered here, and it sold in a different market. The second is the coin being reoffered here, which realized $138,000 when it sold in our June 2022 Auction. We would not be surprised to see this beautiful specimen sell for an even stronger bid in this current offering.

Lot: 2282 - 1907-D Liberty Head Double Eagle. MS-65+ (PCGS).

A captivating premium Gem Mint State example with vivid rose-orange color and full, satiny to softly frosted mint luster to both sides. Sharply struck, as well, with exceptional surface preservation. The Denver Mint's second and final contribution to the Liberty Head double eagle series has a mintage of 842,250 pieces. The Mint State population is thought to be in the mid to high four-figure range, making the issue readily obtainable in an absolute sense. Upper end Gems such as this, however, are rare from a condition standpoint and enjoy strong demand among today's discerning gold collectors.

Lot: 2283 - 1910-D Saint-Gaudens Double Eagle. MS-66+ (PCGS).

This delightful example exhibits bold rose-orange color to smooth, highly lustrous surfaces. The texture is satiny, the strike is sharp, and the eye appeal is strong. A mintage of 429,000 pieces for the 1910-D is neither abundant nor scanty for a Saint-Gaudens double eagle. Typical of many issues in this series, the 1910-D was exported in quantity with numerous bags remaining in European bank vaults until after World War II. Repatriations since then have been sufficient to make the 1910-D obtainable with ease in grades through MS-63. It can be challenging to locate in grades above MS-64, however, and in MS-65 the issue is scarce. Premium Gems in MS-66 and higher grades are rare, especially relative to the demand that they enjoy among discerning gold collectors.

Lot: 2284 - 1916-S Saint-Gaudens Double Eagle. MS-66 (PCGS).

A flashy and impressively preserved example of this challenging issue. The complexion is overall satiny, the surfaces dressed in a blend of deep orange-gold and more subtle pinkish-apricot colors. Well produced and visually stunning. One of the more underrated mintmarked issues among pre-1920 Saint-Gaudens double eagles, the 1916-S is rarer than the 1911-D, 1914-D, 1914-S and 1915-S. This despite the fact that thousands of Mint State examples have been repatriated since the 1970s, including a particularly impressive bounty of more than 4,000 coins located in El Salvador in 1983. Although underrated, the 1916-S is still obtainable with ease in most Uncirculated grades, to include even MS-65. In MS-66, as here, the conditionally challenging nature of the issue comes to the fore. Only seven coins rank finer than the present example at PCGS, in fact, all in MS-66+. This is definitely a scarce offering that represents a significant bidding opportunity for the quality-conscious gold enthusiast.

Lot: 2285 - 1924 Saint-Gaudens Double Eagle. MS-67 (PCGS).

Simply outstanding quality for this otherwise readily obtainable double eagle issue. The surfaces are highly lustrous with a smooth, satiny texture that borders on pristine. Warm wheat-gold color throughout, both sides are wonderfully original and offer outstanding eye appeal. Full striking detail with razor sharp design elements adds to the desirability of this dazzling Superb Gem. The 1924 is one of several post-1916 issues in the Saint-Gaudens double eagle series that was exported in quantity. This is fortunate for today's collectors since the coins that were shipped overseas escaped the fate of the gold coins that remained in federal vaults - mass destruction through melting in 1937. Widely represented in repatriations beginning in the mid to late 20th century, the 1924 has become one of the most plentiful Saint-Gaudens double eagles. Mint State examples abound, although we caution bidders that at the Superb Gem level even this otherwise common issue develops into a significant condition rarity. The present offering represents a significant bidding opportunity that will appeal to advanced collectors.

Lot: 2286 - 1926 Saint-Gaudens Double Eagle. MS-66+ (PCGS).

Breathtakingly beautiful golden-yellow surfaces are fully struck, softly lustrous, and essentially pristine in preservation. Despite its status as one of the more frequently encountered Saint-Gaudens double eagles in today's market, the 1926 is underrated compared to the truly common issues of the type (1924, 1927, 1928). It is seldom encountered finer than MS-66, the present premium Gem among the finest obtainable by today's advanced collectors of 20th century U.S. Mint gold coinage.

Lot: 2287 - 1926-S Saint-Gaudens Double Eagle. MS-64+ (PCGS). CAC. CMQ.

An overall well defined example with lovely, premium Choice surfaces. Color is a vivid and wonderfully original golden-apricot that blends nicely with full, satiny mint luster. Sharply struck, as well, and a delight to behold. Despite a respectable mintage of 2,041,500 examples, the majority of 1926-S double eagles were never released and were melted in the 1930s, leaving an estimated 1,000 to 1,500 Mint State survivors available to collectors and investors today. The 1926-S was once considered the third rarest Saint-Gaudens double eagle after the 1924-S and 1926-D, but coins repatriated from Europe helped numismatists fill this hole in their collections. However, even with the influx the issue remains somewhat scarce today, especially above the basal MS-64 grade level. The word opportunity comes to the fore here, as will be recognized by astute collectors of Saint-Gaudens gold coinage.

Lot: 2288 - 1921 Alabama Centennial. Plain. MS-67 (NGC).

As well preserved and visually pleasing as any example of this conditionally challenging design type available to today's discerning numismatists. Wisps of pale champagne-pink iridescence visit the otherwise antique silver surfaces. Luster is full with a softly frosted texture, and the appearance is expectably smooth for the assigned grade. Half dollars of this design type commemorate the 100th anniversary of Alabama's admission into the Union, which actually happened two years earlier. Survivors of both the Plain and 2x2 varieties are scarce in MS-66 and exceedingly rare in certified Superb Gem MS-67. Truly a lovely coin, and worthy of inclusion in the finest collection of classic commemoratives.

Lot: 2289 - 1892 Columbian Exposition. Proof-66 (NGC).

This exceptionally well produced Columbian Exposition half dollar could only be a survivor of one of the type's extremely limited Proof deliveries. Fully defined throughout, the definition is particularly impressive in the center of the reverse, where sharp rigging is noted for the Santa Maria. Rich coppery-gray patina yields to iridescent undertones of antique gold, powder blue and reddish-apricot and a lively Proof finish can be seen. Solidly in the Gem category, and just right for an advanced collection of classic U.S. Mint commemorative coinage or Columbiana.Proofs of this issue were produced to the extent of just 103 pieces, all of which were struck by hand at the Philadelphia Mint on November 19 of that year. These coins were made at the request of Colonel James Ellsworth, a member of the World's Columbian Exposition Commission and one of the most famous numismatists of all time. Ellsworth's request, in turn, stemmed from an offer from the firm of Wyckoff, Seamans and Benedict - producers of the Remington Standard Typewriter - to pay the Commission $10,000 for the first Columbian Exposition half dollar struck. Exposition President Harlow N. Higinbotham was content to use the first circulation strike coin for this publicity stunt, but Ellsworth succeeded in having the Proofs produced, the first of which was used for this purpose. Interestingly, the mintage of 103 Proofs for this issue includes the first 100 coins struck, plus the 400th, 1,492nd and 1,892nd examples from the press run, the final three corresponding to the fact that the year 1892 represented the four hundredth anniversary of Columbus' "discovery" of the New World in 1492. In premium Gem Proof, the specimen offered here ranks among the finest certified. It is a lovely and rare coin the inclusion of which would define the importance of any numismatic cabinet.

Lot: 2290 - 1892 Columbian Exposition. Proof-65 (PCGS). CAC.

Seldom do we have the opportunity to present even one example of this rare Proof classic commemorative half dollar issue at auction. Offering two in the same sale is nearly unheard of. The present Gem is particularly desirable for the exceedingly rare CAC endorsement that is carries at the PCGS Proof-65 level. It is richly toned in a blend of steel gray and charcoal-olive, both sides with underlying iridescence in vivid reddish-gold, powder blue and champagne-pink. Appreciably reflective fields support devices that sport a remarkable fullness of strike that even extends to the rigging on the central sail of the Santa Maria. A beautiful coin and stunning strike and condition rarity that would enhance even the finest numismatic cabinet.

Lot: 2291 - 1927 Vermont Sesquicentennial. MS-67+ (PCGS). CAC. CMQ.

Exceptionally smooth surfaces propel this coin temptingly close to perfection in a Vermont Sesquicentennial commemorative. Both sides are warmly toned, wisps of sandy-gold and pale russet iridescence drifting over softly frosted luster. A splendid, sharply struck example that numbers among the finest certified examples of the issue. The occasion of the 1927 Vermont half dollar, often called the Bennington half dollar years ago, was the 150th anniversary of the Battle of Bennington. The obverse features the portrait of Ira Allen, in exceptionally high relief, a situation which, seemingly, did not cause any problems in striking, even though the catamount on the reverse is opposite in the dies and is also high relief. These coins must have been struck very carefully with excellent attending of the press. Distribution was primarily to citizens of Vermont, through the various banks. However, the numismatic community took up its own share. In the 1950s Charles French of Troy, New York, a well known dealer of the era, set about hoarding these, and over a period of time acquired hundreds of pieces. There was no particular emphasis at that time on grade, and the typical coin acquired was apt to be what we might call MS-62 to MS-64 today. Most coins then and now are quite bagmarked, particularly on the obverse portrait. This issue is a formidable condition rarity in the finest certified grades, as here.

Lot: 2292 - 1903 Louisiana Purchase Exposition Gold Dollar. McKinley Portrait. Proof-66 Cameo (PCGS).

A remarkable offering, both the Jefferson and McKinley Portrait Louisiana Purchase Exposition gold dollars are highly regarded rarities in Proof format. This is a beautiful coin, deeply mirrored in the fields, softly frosted on the motifs, and dressed in vivid deep orange-gold color. A trivial planchet flake (as made) on the reverse off the upper left of the digit 9 in the date serves as a useful provenance market in the virtual absence of handling marks or other blemishes. The Mint produced 100 Proof Louisiana Purchase Exposition gold dollars each of the Jefferson and McKinley types. Delivered as they were before the circulation strikes, these specially prepared and distributed specimens are technically the first official gold commemorative coins produced by the United States Mint (discounting the 1848 CAL. quarter eagle, although a case can certainly be made for that issue's commemorative status). These coins were issued in frames with certificates attesting to the fact that they were among the first 100 pieces struck from the dies (although the frame and certificate no longer accompany the present example). Obviously an elusive coin given the limited mintage, this impressive specimen of the McKinley Portrait design type will serve as a highlight in an advanced cabinet.

Lot: 2293 - 1915-S Panama-Pacific Exposition Quarter Eagle. MS-67 (PCGS).

An incredible survivor from this coveted issue, displaying lovely rose-gold coloration and uniform satin to softy frosted luster. Boldly struck and temptingly close to perfection. The Congressional Act of January 16, 1915, called for the production of special half dollars, gold dollars, quarter eagles and $50 gold pieces to commemorative the historic Panama-Pacific Exposition. The Act specified the maximum number of examples of each denomination to be struck, including 10,000 pieces for the quarter eagle. Due to its proximity to the Expo, the San Francisco Mint produced all of the commemoratives, including the authorized 10,000 quarter eagles, plus an additional 17 coins for assay purposes. Sales to the public both at the Exposition and through other venues proved somewhat disappointing, however, and in due course 3,251 examples were returned to the Mint and melted, leaving a net distribution of just 6,749 pieces for this denomination. Most examples remain in Mint State, but very few are left in Superb Gem. The present example is one of the most exceptional specimens extant and would be difficult to improve upon.

Lot: 2294 - 1915-S Panama-Pacific Exposition $50. Round. MS-64 (PCGS). CAC. CMQ.

Here is a beautiful Choice survivor of this legendary commemorative issue. Vivid honey-gold surfaces present hints of delicate apricot patina. The texture is uniformly frosty and exceptionally smooth for such a large size gold type, most survivors of which shows noticeable signs of friction in and around the central obverse. This is a premium quality example for both the issue and the assigned grade. The rare and impressive Panama-Pacific $50 commemoratives are featured in the popular reference 100 Greatest U.S. Coins by Jeff Garrett and Ron Guth, where they are ranked #29 in the fifth (2019) edition. The obverse of this type depicts Liberty as Athena with her helmet pitched up upon her head in the fashion of the ancient Greeks, surrounded by the legend UNITED STATES OF AMERICA above, and the denomination FIFTY DOLLARS below. The motto IN GOD WE TRUST is located in the upper left field. For the reverse the designer, Robert Aitken, featured a large owl facing nearly forward, perched on a thick pine branch, with large pine cones below and in the background. The motto E PLURIBUS UNUM is tucked into the field behind the owl. Matching the obverse is a round band at the perimeter which notes the name and place of the Exposition. On the similar octagonal $50 pieces (but not the round), an extra border with dolphins symbolize the continuous waterway created by the opening of the Panama Canal. The round version of the Panama-Pacific Exposition $50s did not sell as well as the octagonal style at the time of issue in 1915, hence a greater percentage of the mintage was returned to the Mint for melting. Of the 1,500 round examples struck, only 483 were distributed, making this type the rarest collectible U.S. Mint commemorative coin. A good number of those sold, perhaps the majority, went into non-numismatic hands and as a result, they are occasionally seen with quite a bit of handling or other surface problems. Few remain in such exceptional preservation as the present piece, making it an opportunity for collectors who seek the finest treasures.

Lot: 2295 - 1915-S Panama-Pacific Exposition $50. Round. MS-64 (PCGS). CMQ.

A flashy Choice Mint State example of this fabled key date entry in the United States Mint's classic commemorative gold coin series. Vivid medium gold surfaces retain full mint luster, the reverse alone smooth enough to support an even higher Uncirculated grade. As seen so often on survivors of this type, the obverse shows signs of minor handling, in this case a trace of friction at and before Athena's cheek that has muted the luster a bit in those areas. There are no sizeable marks, however, and striking detail remains full. The rare and impressive Panama-Pacific $50 commemoratives are featured in the popular reference 100 Greatest U.S. Coins by Jeff Garrett and Ron Guth, where they are ranked #29 in the fifth (2019) edition. High quality specimens such as this are always in demand among advanced numismatists.

Lot: 2296 - 1863 L on Ribbon Indian Cent. Judd-302, Pollock-365, Snow-PT3a. Rarity-7+. Copper-Nickel. Plain Edge. Proof-63 (PCGS). CAC. CMQ.

Here is a very rare Indian cent, one of only a half dozen of this intriguing variety thought to exist. The nicely mirrored fields are enhanced by sharp strike details and some light patina accenting the copper-nickel planchet. The devices are impressively sharp and cloaked in a frosty mint finish. Trivial hairlines surround the denomination on the reverse, but the obverse suggests a higher grade. The Indian Head cent was designed by James B. Longacre and first issued in 1859. The obverse features Liberty facing left in profile wearing a Native American headdress inscribed LIBERTY. Liberty is surrounded with the inscription UNITED STATES OF AMERICA and the date is below. While the 1859 coins had a laurel wreath on the reverse, in 1860 this was changed to an oak wreath, which surrounds the denomination ONE CENT. At the top is a Union shield and there is a ribbon at the bottom that holds the ends of the wreath and three arrows together. This 1863-dated cent, Judd-302, features the adopted design for 1864, with the pointed bust truncation and Longacre's initial L on the ribbon. The reverse is the same design as had been used in 1863. In researching the data Rick Snow compiled, this particular reverse die was first used on regular issue coinage in 1871, indicating it was a restrike made for collectors in the 1870s. Per the uspatterns.com website, "These restrikes are related to the 1863 two cent, trime, half dime and dime restrikes which were offered with the quarter, half dollar and dollar which were struck with the motto 'In God We Trust' on the reverse." That website estimates that more than a half dozen examples are known of Judd-302, while Rick Snow traces seven distinct specimens in his 2014 reference The Flying Eagle & Indian Cent Attribution Guide. The present example is included in the Snow census. The 1863 L on Ribbon Indian cent was also struck in bronze (Judd-301/at least eight known) and aluminum (Judd-304/at least four known). There is also an unconfirmed example struck in oroide (Judd-303). A letter to the editor, from William E. Hidden, published in the The Numismatist in 1903, pertains to the discovery of this piece: Please find space…for a notice of my discovery of the little capital "L" on a nickel cent of 1863. It is usually credited with making its first appearance on the 1864 bronze cent and is spoken of 'L on ribbon,' etc. This little L is extremely small, but is intentionally there to record Longacre's artistic design of workmanship...I cannot learn of any example but this one of mine and it is a Proof. It came from our old friend, Wm. P. Brown, among a lot of Proofs.

Lot: 2297 - 1863 Pattern Postage Currency Dime. Judd-331, Pollock-402, Cassel-5. Rarity-7+. Copper-Nickel Alloy. Reeded Edge. Proof-64 (PCGS).

33.02 grains. 75% copper, 25% nickel. Obv: The same design that the Mint used to strike regular issue Liberty Seated dimes of the Legend Obverse design type, although with no date in exergue below Liberty's portrait. Rev: Peripheral legend POSTAGE CURRENCY / ACT JULY 1862 surrounds the denomination and date at center 10 / CENTS / 1863. The uspatterns.com website confirms that only five examples of this die pairing are known, all of which show a faint diagonal obverse die scratch (as made) through the field and foot of Liberty to one degree or another. This is the Eliasberg-Cassel specimen, identifiable by a few tiny, faint carbon spots on the obverse at and below the base of the rock behind Liberty's foot. Otherwise light silver gray surfaces are sharply struck with faintly reflective fields.

Lot: 2298 - 1864 Experimental Indian Cent. Judd-354, Pollock-425, Snow-PT1a1. Rarity-8. Copper-Aluminum Alloy. Plain Edge. MS-66 (PCGS). CAC.

Metallurgical trial using the regular issue design of the 1864 No L Indian cent, struck in an alloy of 95% copper, 5% aluminum. Andrew Pollock (1994) notes three different alloys of "aluminum bronze" and further states: "These different varieties were coined to ascertain whether any copper-aluminum mixtures had qualities suitable for the production of coinage." Mint Director James Pollock included a section in his Mint Report for the fiscal year that ended June 30, 1864 regarding these experiments. In the 2014 edition of his Flying Eagle & Indian Cent Attribution Guide, Rick Snow observes that Judd-354 is known in both Proof and circulation strike format. He lists only two examples, PCGS Proof-67 and NGC MS-66, the latter no longer appearing in the NGC Census, although PCGS now also lists single grading events in MS-66 (the present example), MS-67, and Proof-66. With only four specimens currently confirmed, the fleeting nature of this offering for advanced Indian cent and/or pattern coinage enthusiasts cannot be overstated. It is for a lovely Gem Mint State coin whose golden-tan surfaces are fully lustrous in a softly frosted texture. A few streaks and flecks of light carbon require magnification to discern, both sides with an impressively smooth appearance during in-hand viewing. Sharply struck with outstanding eye appeal and awesome rarity.

Lot: 2299 - 1866 Pattern Washington Five Cents. Judd-464, Pollock-558, Musante GW-782. Rarity-8. Nickel. Plain Edge. Proof-65 (PCGS). CAC. CMQ. OGH.

Obv: A bust of Washington faces right with the motto IN GOD WE TRUST above and the date 1866 below. Rev: The Dutch 5 reverse. The digit 5 for the denomination in the center is tall with a knob at the end of its flag. It is surrounded by a laurel wreath with the legend UNITED STATES OF AMERICA around the periphery. Untoned frosty to semi-reflective surfaces are sharply struck and visually appealing. The uspatterns.com website accounts for only four examples of this Judd number, that offered here identifiable by a tiny, faint carbon spot in the right obverse field. Significant for advanced pattern collectors, this offering will also appeal to Washingtoniana enthusiasts.

Lot: 2300 - 1875 Pattern Liberty Seated Dime. Judd-1390, Pollock-1533. Rarity-7+. Copper. Reeded Edge. Proof-67 RB (PCGS). CAC. CMQ.

The obverse and reverse designs are the same that the Mint used to coin regular issue 1875 Liberty Seated dimes. This is a beautiful Superb Gem Proof with richly original obverse toning in lilac-blue and antique gold with faint pinkish-rose in the left field. The equally attractive reverse retains most of the original mint red color with delicate toning at the denticles. As related by the uspatterns.com website, "Although these are described as regular die trial pieces in the standard references, it is more likely that the off-metal 'trials' of this year were deliberately struck for sale to collectors." The same source traces only four specimens of Judd-1390 in copper, that offered here by far the finest known.

Lot: 2301 - 1875 Pattern Liberty Head Quarter Eagle. Judd-1434, Pollock-1577. Rarity-7+. Copper. Reeded Edge. Proof-66 BN (PCGS).

The obverse and reverse designs are the same that the Mint used for regular issue 1875 Liberty Head quarter eagle coinage. A delightful Gem example of this rare Judd number with tremendous appeal for both advanced pattern enthusiasts and specialists in Liberty Head gold. Richly toned in a blend of copper-rose and blue-gray, both sides burst into a dazzling array of iridescent blue, gold and pink undertones as the surfaces dip into strong lighting. Fully struck and expertly preserved with some semblance of a cameo finish also discernible under direct viewing situations. Although traditionally cataloged as a regular dies trial strike, this Judd number is believed to have been deliberately produced to market to contemporary collectors as part of off-metal Proof sets. Judd-1434 is a major rarity today with only three specimens confirmed per the uspatterns.com website, one of which has been gilt. The extreme rarity of the regular issue 1875 Philadelphia Mint quarter eagle in gold - mintages: 20 Proofs and only 400 circulation strikes - further enhances the desirability of this stunning Gem.

Lot: 2302 - 1878 Pattern Morgan Dollar. Judd-1550, Pollock-1727. Rarity-6-. Silver. Reeded Edge. Proof-63 (PCGS).

Obv: Virtually identical to the design that the Mint adopted for regular issue Morgan dollar production in 1878. The point of the neck truncation is centered between star 1 and the digit 1 in the date, the wheat leaf at the top of Liberty's cap is distant from the letter R in PLURIBUS, and the designer's initial M is incuse on Liberty's neck. Rev: Similar to the adopted design, with notched wings, although there are only three leaves on the branch in the eagle's talon. Delicate silver and gold tinting with wisps of warmer powder blue and orange iridescence in isolated peripheral areas. Lightly frosted motifs contrast minimally with reflective fields. Expertly produced with razor sharp strike detail, light hairlining to the obverse explains the Proof-63 grade from PCGS, but no sizeable handling marks are evident. According to Roger Burdette (as related on the uspatterns.com website), the Mint struck at least 50 silver impressions of both the Judd-1550a "fanshaped" wing and Judd-1550 "notched" wing prototype Morgan dollars between December 1, 1877 and January 2, 1878. Both are eagerly sought today by both advanced Morgan dollar collectors and pattern specialists. The uspatterns.com website accounts for fewer than a half dozen examples of Judd-1550 in numismatic hands.

Lot: 2303 - 1878 Pattern Morgan Dollar. Judd-1550b, Pollock-1726. Rarity-6+. Copper. Reeded Edge. Proof-65 RB (NGC).

Obv: Virtually identical to the design that the Mint adopted for regular issue Morgan dollar production in 1878. The point of the neck truncation is closer to star 1 than to digit 1 in the date, the wheat leaf at the top of Liberty's cap is below the left edge of the letter R in PLURIBUS, and the designer's initial M is raised on Liberty's neck instead of incuse. Rev: Similar to the adopted design, although there are only three leaves on the branch in the eagle's talon and the wing attachments to the eagle's torso are "fan shaped" instead of notched. Fiery deep orange with lively rose, electric blue, and orange toning highlights. A tiny spot is seen in the field near the juncture of Liberty's hair and forehead, which serves as a useful identifier for provenance purposes. This is a perennially popular type that enjoys equally strong demand among advanced Morgan dollar collectors and dedicated pattern enthusiasts. The first prototype of what would eventually become George T. Morgan's famous silver dollar feature only three leaves on the reverse branch and "fanshaped" wing attachments for the eagle. According to Roger Burdette (as related on the uspatterns.com website), the Mint struck at least 50 silver impressions of both this type (Judd-1550a) and its notched-wing counterpart (Judd-1550) between December 1, 1877 and January 2, 1878. Copper examples were also produced, the extant population for the Judd-1550b/Pollock-1726 die combination offered here on the order of only half a dozen specimens.

Lot: 2304 - 1878 Pattern Quarter Eagle. Judd-1566, Pollock-1756. Rarity-8+. Gold. Reeded Edge. Proof-66 Cameo (CACG).

Obv: Liberty head faces left with the motto E PLURIBUS UNUM around the border at the date 1878 below. Liberty's hair is tied in a bun, and a band extending back from the forehead is inscribed LIBERTY. The point of the truncation touches the border before the date. Rev: An eagle with spread wings clutches an olive branch in its right talon and three arrows in its left. The legend UNITED STATES OF AMERICA is above and the denomination 2 1/2 DOLLARS is below. The diameter is larger than that of the contemporary regular issue quarter eagle (20.5 mm vs. 18 mm), but it is correspondingly thinner. A marvelous Superb Gem with a dusting of pale silver-olive iridescence to otherwise warm, vivid, reddish-orange color. Direct lighting calls forth playful reddish-rose undertones - very attractive. The finish is boldly cameoed and contrasts frosty motifs with reflective fields. Fully struck, expertly preserved, and of the utmost significance. This pattern type is attributed to George T. Morgan, and it was produced in accordance with the ideas on anti-counterfeiting introduced by Dr. J.T. Barclay on the 1860 Judd-271 pattern half eagle. Barclay believed that the most dangerous and difficult to detect method of counterfeiting U.S. gold coins was to hollow out the inner gold core and replace the extracted metal with an equal amount of platinum, a less valuable metal than gold at the time, but one which weighed about the same. It was thought that coins struck on thinner planchets would be more difficult to hollow out, thus making this method of counterfeiting less attractive. The Mint abandoned the idea in 1860, after only a few experimental pieces were struck. The attempt in 1878 met with the same fate, likely because the thinner coins provided difficult to produce in the same manner as the regular issue Type II gold dollars of 1854 to 1856. The Judd-1566 gold striking is a legendary rarity. Although both Akers and Pollock listed two specimens in this metallic composition, later research published on the uspatterns.com website confirms that the provenance refers to only a single coin, offered here, and identifiable by a tiny lint mark or similar strikethrough in the reverse field to the left of the letter C in AMERICA. This type is usually represented by copper strikings, Judd-1567, although that attribution is rare in its own right with only about a dozen known. To simulate the unique gold specimen, some of the copper pieces have been gilt. There is no substitute for the real thing, however, and Judd-1566 is it - the unique gold striking from these dies and a rare artifact of a failed Mint initiative to combat counterfeiting in the 19th century.

Lot: 2305 - 1882 Pattern Liberty Head Nickel. Judd-1690, Pollock-1892. Rarity-5. Nickel. Plain Edge. Proof-66 (PCGS). CAC.

Obv: Similar to the design that the Mint adopted for regular issue Liberty Head nickel production in 1883, although the stars around the border are arranged in a somewhat different manner. Rev: The No CENTS design that the Mint adopted for regular issue Liberty Head nickel production in 1883. This is a sharply struck, minimally toned specimen that contrasts sharply struck motifs with reflective fields. A popular precursor to the regular issue Liberty Head nickel of 1883 to 1912, Judd-1690 enjoys strong demand among both series specialists and pattern enthusiasts. The uspatterns.com website accounts for just two or three dozens examples in numismatic hands.

Lot: 2306 - 1882 Pattern Shield Earring Dollar. Judd-1702, Pollock-1904. Rarity-7-. Silver. Reeded Edge. Proof-65+ (PCGS). CMQ.

Obv: George T. Morgan's design with a head of Liberty facing right, the Latin motto E PLURIBUS UNUM above, the date 1882 below, and 13 stars arranged around the border seven left, six right. Liberty wears shield-shaped earrings, and an encircling band on her head is inscribed LIBERTY. Rev: A defiant eagle with raised wings faces right and clutches an olive branch in its right talon and three arrows in its left talon. The legend UNITED STATES OF AMERICA is above and the denomination ONE DOLLAR is below. Gorgeous surfaces are richly and originally toned in multicolored patina with underlying iridescence. This premium Gem specimen is a visual and artistic treat, and, of course, a prime numismatic rarity. This famous design by George T. Morgan is widely considered to be one of the most beautiful pattern motifs attributed to the 19th century United States Mint. Examples were issued in three-piece pattern Proof sets of the quarter, half dollar and silver dollar, in silver or copper. The uspatterns.com website accounts for only nine survivors of the Judd-1702 dollar in silver. A highlight of the pattern offerings in this sale, this upper end Gem is destined to become the same in another advanced cabinet.

Lot: 2307 - 1970-D Roosevelt Dime. Struck on a 90% Silver Planchet. AU-50 (NGC). Found by Diane Bechtol.

2.5 grams. This coin is ideally placed in the present auction, where it is being offered alongside the similarly unique 1966 Washington quarter struck on a silver planchet in the following lot. Both represent the latest-date transitional wrong planchet Mint errors relating to the changeover to copper-nickel clad coinage in 1965 for their respective denominations. The 1970-D dime featured in the

Lot: 2308 - 1966 Washington Quarter. Struck on a 90% Silver Planchet. AU-53 (PCGS).

Stack's Bowers Galleries is pleased to present the newly confirmed and unique 1966 Washington quarter struck on a 90% silver planchet. It is a transitional wrong planchet error produced at a time when the United States Mint was discontinuing circulation strike quarter (and dime) production in an alloy of 90% silver, 10% copper and replacing it with the now-familiar copper-nickel clad coinage. The

Lot: 2309 - 1852 United States Assay Office of Gold $50. K-13. Rarity-4+. 887 THOUS. EF-45 (PCGS).

Scarce in an absolute sense, this is among the most historic and coveted issues of the California Gold Rush. Warm honey-gold and deeper olive colors blanket both sides and provide strong visual appeal. The strike is pleasing for the type, with bold central elements and the usual weakness at the borders. The edges are fairly well preserved, and the surfaces reveal only the expected small and moderate size handling marks that often mar these hefty "slugs". The earliest of the $50 pieces were produced in 1851 under Augustus Humbert's name at a non-federal .880 fine standard, which quickly rose to .887 fine. In 1852, Humbert's name was entirely removed and the slugs were then struck under the name of the United States Assay Office of Gold, but still at the same .887 standard. Things proceeded well for the Assay Office and even smaller denomination coins were struck. An unexpected blow came in the form of legislation passed in August 1852 that suddenly forbade the Customs Office from accepting any gold coin not struck at the federally-mandated .900 purity. This legislation resulted in the replacement of the 887 THOUS pieces, Kagin-13 represented here, with the K-14 900 THOUS type. Today, perhaps a few hundred of these impressive $50 gold "slugs" of all types are extant, most of which are well worn and also impaired due to cleaning, significant edge and/or surface damage. Problem free and attractive EF examples, like the present, are highly desirable.