Our first online auction to break the million dollar barrier!

David Lawrence Rare Coin Auctions Internet-only Auction #225 featuring the Hoosier Collection realized an astounding $1,088,981. The auction, closing Monday, March 3rd, featured a private collection consisting of just 145 lots of early better-date and type coins. The collection was bolstered by the addition of a fresh type set of 1802 coinage, including the scarce 1802 H10c graded NGC AU50, which sold with a final price of $345,000 including buyer’s premium. “We are ecstatic about the results of this auction and are extremely happy for our consignor. This auction firmly backs-up our motto of ‘Live Auction Results at Internet Speed’.” stated Win Callender, Vice President of David Lawrence. “When the final hammer dropped all but one of the 148 total lots sold. It was an exciting auction.”

The auction set another milestone for the growing Internet Auction company. According to President, John Feigenbaum, “It was our first ever to realize $1 Million, or more. And this is just the beginning. Clients of rare coins now realize that the best material is found online.”

Some highlights of the Hoosier Collection Auction:

1793 1c Liberty Cap PCGS/CAC Good 6 realized $13,226

1802 Half Dime NGC AU50 ex: Pittman realized $345,000

1802 10c NGC MS61 ex: Eliasberg realized $48,875.

1796 25c NGC Fine 12 realized $24,755

1804 $2.50 14 Star Reverse PCGS AU53 realized $24,150

1795 $10 13 Leaves NGC XF45 realized $60,375

David Lawrence Auctions offers two internet-only auctions per week, closing Monday and Thursday evenings. If you would like to showcase your collection in one of their on-line auctions, please contact the auction/sales department at 800-776-0560 x101 or via email at info@davidlawrence.com. Information about the auction process is also available on the company’s website: www.davidlawrence.com.

A monster rarity which speaks volumes on its own. Quite likely one of the finest 3 specimens known of this famous rarity. Over the past decade, the 1802 half dime has abandoned its sleepy status as an overlooked rarity and come into the limelight as one of the most coveted of all U.S. coins in the catalog.

This particular specimen currently offered by David Lawrence Auctions in Sale 225 Lot #3146 is not only one of the finest known, but also has the distinction of having the richest pedigree of any specimen. For starters, it hails from the famous Pittman Collection. It was later immortalized by Logan and McCloskey as the plate coin for the date in their reference books on Bust half dimes.

The rarity of the 1802 half dime is well known to collectors of United States coins, and was recognized almost as soon as coin collecting became popular in the late 1850s. The first coin offered at public auction was in the 1859 sale by Edward Cogan of the J.N.T. Levick Collection.

As a testiment to the absolute rarity of this issue, several counterfeits have been manufactured over the years of the 1802 half dime. Both the Smithsonian and the ANA Money Museum both have counterfeits in their institutional holdings.

It is estimated that only 35 or so pieces are known in all grades.

Truly a choice coin for the connoisseur of major rarities, and the Bust half dime specialist. Bidding Ends March 3rd.

(February, 2008, Virginia Beach, VA)-DLRC Auctions is excited and proud to offer the Hoosier Collection for unrestricted Internet bidding. The collection includes 145 certified coins minted from 1794-1830 in collector-oriented grades from Good to Mint State.

According to John Feigenbaum, DLRC Auctions President, “The consignor of the Hoosier Collection was extremely fair and we expect a 100% sell through for this collection. In fact, these coins are so fresh we wouldn’t be surprised to see items realize 25-35% over the estiamtes. A long-time client brought us these beauties from the great state of Indiana and he spent the better part of a decade building this collection.”

The collection is available for bidding exclusively in their two week Internet Auction #225 closing Monday, March 3.

Early rarities highlight this stunning offering, like the rare 1795 type small eagle Ten Dollar, 1795 $10 NGC XF45. Many of these lots were approved by CAC (Collectors Acceptance Corporation). This collection is offered through the company’s Personal Internet Auction program which creates an auction exclusively for a client’s collection.

For questions about this program and consigning or for upcoming auctions, please contact Win Callender or Jason Smith at 800-776-0560 x101 and x103, or email coingroup@davidlawrence.com or visit David Lawrence Rare Coin Auctions