2016-12-31 Sat

Officials of GreatCollections stated that the Sierra Madre Collection was built by an unnamed consignor in the 1990s. The collection was offered for sale on 18th December and the result was impressive.

48 out of the 55 coins were graded by PCGS in “Old Green Holders” and seven are graded by Numismatic Guaranty Corp. 50 of the 55 coins were stickered by Certified Acceptance Corp. for quality, which included the two NGC-certified coins. 8 out of the 50 stickered coins were all PCGS-certified and also got the gold label while the remaining got green. The gold CAC label means “exceptional quality” for the grade. The 55 coins in the auction fetched $107,847 in total including 10 percent buyer’s fee.

An 1860-S Coronet gold $20 double eagle in an old green holder from PCGS, graded About Uncirculated 53 and with a CAC green sticker was sold for $8,800. The official value listed for the coin was $3,600 and its mintage was limited to 544,950 coins at the San Francisco Mint.

An 1847 Coronet gold $5 half eagle, graded PCGS About Uncirculated 55, with a CAC gold sticker was sold for $1,540 against an officially listed pricing of $800 and a PCGS Price Guide value of $735. The issue has a mintage of 915,981 coins from the Philadelphia Mint.

An 1847-O Coronet gold $10 eagle graded PCGS About Uncirculated 50, with a CAC gold sticker was sold for $3,364.90 compared to the officially listed pricing of $1,350 and a PCGS Price Guide value of $1,225.

A PCGS About Uncirculated 50 1851-O Coronet gold $10 eagle with CAC green sticker realised $3,131.70 against a listed pricing of $1,540 and a PCGS Price Guide price of $1,350.