Stack’s Bowers Galleries’ 2024 Global Showcase Rarities Night Auction set a new standard for coin collectors worldwide, achieving record-breaking sales of over $19 million. Collectors were drawn from around the world to participate in this prestigious event, which took place during the ANA World’s Fair of Money, the largest numismatic convention of the year. Coins from notable collections such as the Cold Spring Harbor Type Set and the Great Pacific Collection were up for bidding, creating intense excitement as records were shattered with each sale.
This article covers the highlights of the auction, including details of some rare coins that fetched sky-high prices. From a rare Proof 1825/4/1 half eagle that sold for over $1 million to a unique gold rarity, collectors vied for the finest coins, breaking multiple price records.
| Lot Number | Description | Sale Price | Record Achieved |
|---|---|---|---|
| 3319 | Proof 1825/4/1 half eagle from Harry W. Bass Jr. | $1,080,000 | Record for the issue |
| 3001 | Gem Libertas Americana medal in silver | $336,000 | One of the finest known |
| 3033 | 1869 three-cent silver graded MS-69 | $180,000 | Record for the denomination |
| 3118 | 1795 Flowing Hair Half Dollar | $240,000 | Record for the grade |
| 3286 | 1854-S Liberty Head Quarter Eagle | $408,000 | Record for this rarity |
| 3473 | 1888 Liberty Head Double Eagle | $216,000 | Record for any grade |
What is Stack’s Bowers Galleries’ 2024 Global Showcase?
Stack’s Bowers Galleries’ 2024 Global Showcase Rarities Night Auction is a renowned event in the world of coin collecting. It is an opportunity for collectors to bid on rare and valuable coins that have historical significance and monetary value. The 2024 edition of the auction took place as part of the ANA World’s Fair of Money, the largest annual numismatic convention, attracting collectors and investors from all over the world.
Rare Coin Highlights
The Proof 1825/4/1 Half Eagle
One of the standout pieces of the auction was the Proof 1825/4/1 half eagle from the Harry W. Bass, Jr. Collection. This coin, now with Collectible Market Qualified (CMQ) approval, set a record by selling for $1,080,000. This price was $450,000 higher than what it sold for just two years ago. This demonstrates the coin’s value and rarity, making it one of the most sought-after items in the auction.
The Gem 1878 Judd-1570 Pattern Half Eagle
Another highlight was the Gem 1878 Judd-1570 pattern half eagle, which is a unique gold rarity. This coin sold for a record-breaking price of $576,000, surpassing its previous record by $120,000. The coin’s history and unique features made it a prized possession for collectors, especially since it had previously been part of the Bob R. Simpson Collection.
Gem Libertas Americana Medal
A non-gold coin that garnered attention was the Gem Libertas Americana medal in silver, graded MS-64+ by PCGS with CMQ approval. It sold for a record price of $336,000, proving that even non-gold items can hold immense value. This medal is one of the finest known examples, making it a coveted item for numismatists.
Record-Breaking Sale
Several other coins also broke previous records during the auction:
- 1880 Shield Nickel (Lot 3034) sold for $46,800, setting a record price for its grade.
- 1827/3/2 Capped Bust Quarter (Lot 3085) realized $114,000, also a record price for its grade.
- 1795 Flowing Hair Half Dollar (Lot 3118) achieved a world record $240,000.
- 1854-S Liberty Head Quarter Eagle (Lot 3286) brought in $408,000, marking a record price for this rare coin.
The Appeal of Rare Coins
Rare coins have always attracted serious collectors and investors, not just for their historical significance but also for their value as tangible assets. The record-breaking sales seen in Stack’s Bowers Galleries’ 2024 Global Showcase Auction highlight the ongoing demand for such items.
Why Are Coins So Valuable?
Coins can increase in value due to their rarity, historical context, condition, and aesthetic appeal. For instance, coins like the 1825/4/1 half eagle or the 1878 Judd-1570 pattern half eagle hold immense value because they are rare and often have a limited number of surviving examples. The condition of a coin, which is usually graded on a scale from poor to mint state, can also significantly affect its price.
How Stack’s Bowers Galleries is Shaping Numismatics
As one of the leading firms in numismatics, Stack’s Bowers Galleries plays a significant role in shaping the coin-collecting world. Their global showcase auctions provide a platform for collectors to acquire rare and historically important coins. This firm’s auctions consistently attract high-profile bidders, proving that the market for rare coins is alive and well.
Upcoming Auctions
Looking ahead, Stack’s Bowers Galleries has more exciting auctions in store, including Part 1 of the L.E. Bruun Collection in September and the monumental Whitman Expo Auction in November. These auctions are highly anticipated by collectors and are expected to continue the trend of record-breaking sales.
Conclusion
The 2024 Global Showcase Rarities Night Auction hosted by Stack’s Bowers Galleries was an impressive display of the demand for rare coins and collectibles. With over $19 million in sales, the auction shattered multiple records and left collectors eagerly anticipating future events. Whether you’re a seasoned numismatist or just starting, rare coin auctions like this showcase the beauty, history, and value of coins that continue to captivate collectors around the world.
In summary, Stack’s Bowers Galleries’ auctions highlight the enduring appeal of rare coins. Collectors are willing to pay top dollar for pieces that are both historically significant and rare. With more exciting auctions planned for the future, the world of numismatics will continue to thrive.
FAQs
What was the total sales amount for the 2024 Global Showcase Rarities Night auction?
The total sales amount exceeded $19 million.
What types of collections were featured in the auction?
The auction featured over a dozen notable collections, including the Cold Spring Harbor Type Set and the Great Pacific Collection.
Who is Brian Kendrella?
Brian Kendrella is the President of Stack’s Bowers Galleries, who commented on the strong enthusiasm in the coin hobby during the auction.
What was the highest sale price at the auction?
The highest sale price was $1,080,000 for the Proof 1825/4/1 half eagle from the Harry W. Bass Jr. Collection.
Will there be more auctions in the future?
Yes, Stack’s Bowers Galleries has upcoming auctions planned, including the L. E. Bruun Collection and a significant event during the Whitman Expo in November.