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Sheridan's Coins

MAIL BID SALE #35 - A ROUSING SUCCESS!

A flurry of bids in the last hour of the sale yielded record prices. A highlight of the sale was Lot 52, the lovely 1815/2 graded PCGS AU 58. It brought a high bid of $32,501 (before the 10% buyer’s fee). A distraught underbidder ended his quest at $28,100, while the 3rd place bidder was left to wonder why a bid of over $23,000 had not taken home the prize. When the dust cleared the sale price, including “juice,” was $34,001. This topped the previous record for a similarly graded coin established last August in my Selected Rarities Sale of coins from the Roger Solomon Collection where the Prouty/Solomon 1815/2 brought a “mere” $24,200.
Record setting 1815/2 O.101a PCGS AU 58

It was a disappointment that the R.7+ (4 known) 1825 O.118 PCGS VF 20 failed to sell against a truly modest reserve of $55,000. This setback was offset by the interest shown in the 1794 O.108 NGC F.15, another R.7 die pair. It sold for $26,015 to a bidder who was willing to pay $32,450. His “hammer price” bid of $29,500 was reduced to $23,650. Two of Dale Friend’s spectacular coins set record prices. The 1811/10 PCGS MS 64 brought $22,385. His 1829/7, also PCGS MS 64, exceeded expectations when it sold for $9,900.

The full Prices Realized for the Sale may be viewed and downloaded here. Please note that unsold coins will be available at their reserves (plus the 10% buyer’s fee) through April 30, 2012. The reserve prices are displayed in the Prices Realized.


WHAT’S NEXT?

Here’s what I’m thinking. The next major show is the ANA Convention in Philadelphia, August 7-11, 2012. Should a significant collection become available I would love to catalogue and offer it during the Convention. A nifty alternative would be another Selected Rarities Sale of 50 to 100 coins consigned by … YOU! One veteran BHNC collector, known for his sharp eye, has promised a consignment of a dozen bust halves with mouth watering eye appeal. If another 5 to 10 collectors come forth we will have an exciting sale. How about it?! I’m as close as your phone or computer. Let’s talk.

BOOKS

I am sold out of Steve Herrman’s latest AMBPR. The next edition will not be out until September.
I have one copy left of Edgar Souder’s Bust Half Fever, 2nd Ed. $60 Postpaid.

I also have one copy remaining of Keith Davignon’s Contemporary Counterfeit Capped Bust Half Dollars, 2nd Ed. $55 postpaid.

Finally, 3 copies remain of Steve Herrman’s 2010 AMBPR Complete Edition on CD. If you’ve been frustrated by Herrman’s practical decision to roll off records at various intervals, starting at 5 years, in his semi-annual soft-back AMBPR you are not alone. The 2010 AMBPR Complete Edition takes us back to 1984(!) and is available on CD. $45 Postpaid.

WEB SITES YOU MUST VISIT