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1993-W Eagle Graded PCGS PF-70 Brings $36,960 In Teletrade®
Auction
(Irvine, CA)
- One of only two known 1993-W one-ounce gold American Eagles graded a perfect
PCGS Proof-70 deep cameo sold for a record $36,960 in the Teletrade®
Premier Sale on April 23, 2006. |
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"With only
two 1993-W Eagles graded Proof-70, this is the rarest one-ounce gold Eagle in
the PCGS Population Report. We had strong bids from 15 different people who
wanted this coin, and the auction set a record price for any one-ounce American
Eagle," said Ian Russell, President of Teletrade® (www.Teletrade.com).
The pre-sale estimate was $15,000 or more. The $36,960 winning bid paid
by the anonymous collector includes a 12 percent buyer's fee.
This is
the third record price set in recent Teletrade® auctions for certified,
modern coins: $16,240 for a 1971-S Eisenhower Dollar PF-70 DCAM; $10,300 for a
1984-P Olympic gold $10 PF-70 DCAM; and $7,840 for 2001-W one-ounce gold Eagle
PF-70 DCAM.
"Earlier in April, we also had a winning bid of $54,880 for
a 1927-S Saint-Gaudens Double Eagle graded PCGS MS-63," said Russell.
"Obviously, Teletrade® attracts buyers and sellers of classic collector
coins as well as modern, certified rarities."
Two other perfect-grade
modern coins will be offered in the Teletrade auction that closes on May 7: a
1998-W $50 gold Eagle PCGS PF-70 DCAM with a population of only four, and a
2004-W $50 platinum Statue of Liberty, also graded PCGS PF-70 DCAM, with a
population of five.
Founded in 1986, Teletrade® is America's largest
fully-automated telephone and Internet auction company for certified coins.
Teletrade®, an Escala Group company, has over 150,000 registered users and
is one of the most frequently visited coin-related websites on the Internet.
Auctions are held every Sunday, Monday and Wednesday. For additional
information, visit www.Teletrade.com, or call toll-free (800) 949-2646.
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Media Contact:
News
media contact: Ian Russell, (800) 949-2646 |
| Publication Date: 04/26/2006 |
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