Saturday, November 22, 2014

1794 Silver dollar realized $470,000 in Newman V Auction

A 1794 Silver dollar bringing $470,000 in the Eric P. Newman Collection Part V Auction at Heritage Auctions Nov. 14-15 at the Waldorf Astoria, 301 Park Avenue, Duke of Windsor Suite. The Eric P. Newman's outstanding 1794 silver dollar AU50 NGC. Ex: "Col" E.H.R. Green was the undisputed star of the outstanding offerings in the $10.4+ million fifth installment of the Newman Collection to lead the 100% sold out offerings.

1794 Silver dollar

"This latest installment of the epic Newman Collection proved important not only for the spectacular prices realized on the amazing coins," said Greg Rohan, President of Heritage Auctions, "but also because it represents, once again, another auction where every single coin found a new home. This is as much about the rarity of the coins as it is about Mr. Newman's acclaimed scholarship and stellar reputation."

Continental Dollar

A close second in the final bidding, with a price realized of $440,625, was Newman's 1776 Continental Dollar MS62 NGC, in brass, while his 1776 Continental Dollar, CURRENCEY, Pewter MS63 NGC Plain Edge, the finest of four known and the only one that survives in Mint State, proved highly sought-after by collectors, bringing $381,785.

Inimica Tyrannis

One of the auction’s most followed coins was Newman's 1785 Inimica Tyrannis America/Confederatio, Large Circle Cent Original MS63 Brown NGC, the finest known, which did not disappoint when it came across the auction block, realizing $352,500.

Further highlights include, but are not limited to:

1776 $1 Continental Dollar, E.G. FECIT, Pewter MS66 NGC: Realized $305,500.

1776 $1 Continental Dollar, CURENCY, Dotted Rings, Brass AU50 NGC: Realized $282,000.

1867 $20 MS66 NGC: Realized $258,500.

1796 $2 1/2 Stars AU58 NGC: Realized $223,250.

1776 $1 Continental Dollar, CURRENCY, Pewter MS64 NGC: Realized $199,750.

1879 $4 Flowing Hair PR65 NGC: Realized $182,125.

Source: Heritage Auction