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The 1984 Olympic Gold $ 10 Commemorative Coin Auctioned for Record Prices

2017-06-21 Wed

Professional Coin Grading Service Proof 70 Deep Cameo examples of the 1984-P and 1984-D Olympic gold $10 pieces resulted in record prices produced in a Great Collections auction that closed on 18th June.

The coins were among the spotlights from the 2,000 coins sold in the online auction. A 10 percent buyer’s fee was included to the final closing hammer price.

Among other attraction lots in the sale were a PCGS Mint State 62+ 1893-CC Morgan dollar stickered by Certified Acceptance Corp.; a 1926-S Saint-Gaudens $20 double eagle graded PCGS MS-64, CAC; a Chinese 1994 Panda, Large Date gold 10-yuan coin, graded Numismatic Guaranty Corp. MS-70; and a U.S. Mint-sealed 100-coin "monster box" of 2014 Shendandoah National Park 5-ounce silver bullion coins struck at the Philadelphia Mint.

The PCGS Proof 70 Deep Cameo 1984-P Olympic gold $10 coin offered a price of $3,080 against a PCGS Price Guide value of $2,300. According to the PCGS Population Report 41 submissions have earned the firm’s Proof 70 Deep Cameo grade, while 2,371 are recorded as Proof 69 Deep Cameo.

The PCGS Proof 70 Deep Cameo 1984-D Olympic $10 coin sold at $2,255 in the June 18 Great Collections sale. The PCGS Price Guide lists a value of $1,150 for the issue.

PCGS reports 50 submissions of the 1984-D gold $10 commemorative have the firm’s Proof 70 Deep Cameo certification, and 2,385 submissions are graded as PCGS Proof 69 Deep Cameo.

The 1893-CC Morgan dollar sold at $5,945. In total, 37 bids were placed by 16 unique bidders.

The coin is one of 677,000 Morgan silver dollars struck at the Carson City Mint in Nevada.

The 100-coin monster box of bullion versions of the 2014 Shendandoah National Park 5-ounce silver quarter dollars realized $12,650.

The bullion coins bear no Mint mark, although they are struck on the same press as the uncirculated version of the coin.

The Chinese 1994 Panda, Large Date gold 10-yuan coin realised $5,005. The lot elicited 49 bids from 11 unique bidders.

NGC has only certified nine of this issue as MS-70; six are certified MS-67, 27 as MS-68 and 130 as MS-69 by the firm.

The 1994 Large Date 100-yuan coins are almost the same as the Small Date variety of the coin. Both are among the rarest varieties in the entire Panda 1-ounce gold coin series.

The PCGS MS-64 CAC 1926-S Saint-Gaudens double eagle realised $9,845. Eight unique bidders placed 37 bids in total.

In 1926 at the San Francisco Mint, production of double eagles amounted to 2,041,500 coins.

The San Francisco Mint would strike Saint-Gaudens double eagles for two more years — in 1927, with 3,107,000 coins, and 1930, with just 74,000 coins.