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NumisMedia Weekly Market Report
Long Beach Expo and Ship of Gold Attract Large Crowds
February 26, 2018
Long Beach week proved to be excellent for most of the dealers as this was easily the best attended Long Beach Expo in many years. Several major displays and events attracted much of the attendees, but the S.S. Central America exhibit was the main attraction. Now known as the "Ship of Gold", this astonishing presentation was highlighted by over 30 ingots from the most recent salvage; this portion of recovered gold was insured for $40 million.
The Heritage Auctions sale was also well attended and drew a large number of bidders. Many were there to bid on the ultra-rare 1875 $10 Gold in NGC AU50 which ultimately sold for $372,000. Even though this coin had an original mintage of just 120, it is believed that there are only about ten to twelve coins known to exist. There are four reported certified in AU50 and another four in grades as high as AU55.
1875 $10 Gold NGC AU50 sold for $372,000 at the Heritage Auctions Long Beach Expo U.S. Coins Signature Auction in Long Beach, California, February 22-26, 2018
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Heritage also auctioned a large Gold Ingot from Kellogg & Humbert out of the initial presentation group of Gold coins and ingots recovered from the S.S. Central America. This ingot was weighed at 52.37 ounces and brought $180,000. The following list contains several other highlights from this Heritage Sale.
Date/Denomination |
Grade | Price
Realized |
| 1793 Liberty Cap Half Cent | PCGS XF45 CAC | $24,000 |
| 1955/55 Lincoln Cent | NGC MS65 Red | $21,600 |
| 1872 Two Cent | PCGS MS66 Red CAC | $52,800 |
| 1885 Liberty Nickel | PCGS MS67 | $30,000 |
| 1870 CC Seated Quarter | PCGS G6 | $12,600 |
| 1794 Flowing Hair Half Dollar | NGC XF40 | $26,700 |
| 1796 Draped Bust Half Dollar 15 Stars | PCGS VF30 | $87,000 |
| 1806 Bust Half Dollar Knob 6 No Stem | PCGS F12 | $60,000 |
| 1817/4 Bust Half Dollar | PCGS G6 | $96,000 |
| 1919 D Walking Liberty Half | PCGS MS64 | $28,800 |
| 1921 S Walking Liberty Half | PCGS MS65 | $90,000 |
| 1794 Flowing Hair Dollar | PCGS VF35 | $303,000 |
| 1892 S Morgan Dollar | PCGS MS65 | $192,000 |
| 1910 $2 ½ Gold Indian | PCGS PR66 | $39,600 |
| 1795 $10 Gold Capped Bust 9 Leaves | NGC AU55 | $144,000 |
| 1796 $10 Gold Capped Bust | PCGS AU58 | $138,000 |
| 1799 $10 Gold Heraldic Eagle | PCGS MS64 | $144,000 |
| 1842 O $10 Gold | PCGS MS63 CAC | $288,000 |
| 1863 S $10 Gold | PCGS MS60 | $132,000 |
| 1864 S $10 Gold | PCGS XF40 | $114,000 |
| 1877 CC $10 Gold | PCGS AU58 | $102,000 |
| 1883 O $10 Gold | PCGS AU58 | $126,000 |
| 1897 O $10 Gold | PCGS MS67 CAC | $264,000 |
| 1931 $20 Gold St. Gaudens | NGC MS64 | $81,000 |
| 1915 S $50 Gold Pan-Pac Round | PCGS MS64 CAC | $114,000 |
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This Heritage Auctions Sale was heavy in rare dated $10 Gold Liberty coins, and many of the grades sold had not traded for quite some time. It is also important to note that some of these coins realized strong bids even though they were lower grades, a few as low as Very Fine while most were in the AU grades.
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NumisMedia Weekly
Dealer Price Guides
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