Bowers and Merena Realizes More Than $6.2 million At Official Auction of the Baltimore Coin and Currency Convention

1801 EagleHighlights Include Sale of Exceptional 1801 Capped Bust Right Eagle in PCGS MS-64 and Fr. 114 1901 $10 Legal Tender Note S/N 1, PCGS Very Fine 30PPQ

IRVINE, Calif. – Bowers and Merena Auctions, America’s leading rare coin auction house, posted another highly successful outing in Baltimore as Official Auctioneer of the Baltimore Coin and Currency Convention. More than 3,000 lots crossed the block in three sessions June 5-6, 2008, realizing $6,258,873.

“The June Baltimore Coin and Currency Convention is the kick-off to the summer show season and we were very pleased with the attendance at the show and our three sessions of live bidding. Bidding was very active for coins as well as currency and we are happy with the results,” said Steve Deeds, president of Bowers and Merena. “All three sessions were very busy and we were glad to see many bidders join us for their very first auctions, alongside our regular bidders that we look forward to seeing each time we come to Baltimore. The atmosphere in the auction room and on the bourse floor was lively and enthusiastic and I am looking forward to what the rest of the summer season brings.”

Fr. 114, 1901 $10 Legal Tender NoteHighlights from the June Baltimore auction include the sale of Lot 3733, an 1801 Capped Bust Right Eagle, BD-2, HBCC-3194, Taraszka-25, Rarity-2 in PCGS MS-64 that realized $111,550, an impressive near-Gem considered a glorious representative of the Large Eagle Capped Bust Right Ten.

Another extraordinary highlight came from the currency session, Lot 2537, a Fr. 114, 1901 $10 Legal Tender Note S/N 1, PCGS Very Fine 30PPQ, that realized a remarkable $80,500. The historical importance of this note goes without saying, as it is the first 1901 $10 Legal Tender Note to have ever been printed, and it is the first of the nine Friedberg numbers assigned to this design type.

Highlights of prices realized for coins include:

Lot 3733 1801 Capped Bust Right Eagle. BD-2, Rarity-2. MS-64 (PCGS). $111,550

Lot 3650 1804 Capped Bust Right Half Eagle. BD-7, Small 8/Large 8.MS-64 (NGC) $60,375 .

Lot 3642 1860 Three-Dollar Gold Piece. Proof-65 Cameo (NGC). $57,500

Lot 440 1867 Shield Nickel. Rays. Proof-64 (PCGS). $51,750

Lot 3242 1892-S Morgan Silver Dollar. MS-62 (PCGS). $47,150

Lot 226 1913 Lincoln Cent. MS-67 RD (PCGS). $47,150

Lot 63 1832 Half Cent. B-2, C-2. Rarity-7. Proof-64 BN (PCGS). $47,150

Lot 3267 1894-O Morgan Silver Dollar. MS-65 (NGC). $46,000

Lot 376 1969-S Lincoln Cent. FS-028. Doubled Die Obverse. AU-58 (PCGS). $42,550

Lot 3685 1876-CC Liberty Half Eagle. Winter 1-A, the only known dies. MS-61 (NGC). $42,205

Lot 3279 1896 Morgan Silver Dollar. Proof-68 * Ultra Cameo (NGC). $40,250

Lot 3694 1889 Liberty Half Eagle. MS-67 (PCGS). $40,250

Lot 3654 1813 Capped Head Half Eagle. BD-2, MS-64 (PCGS). $39,100

Lot 3734 1801 Capped Bust Right Eagle. BD-2, MS-62 (PCGS). $34,788

Lot 3731 1799 Capped Bust Right Eagle. BD-8, Small Stars Obverse. MS-61 (PCGS) $34,500

Lot 3403 1873-CC Trade Dollar. Wide CC. MS-64 (NGC). $34,500

Lot 3914 1905 Liberty Double Eagle. MS-64 (PCGS). $34,500

Lot 263 1918-D Lincoln Cent. MS-66 RD (PCGS). $34,500

Lot 838 1828 Capped Bust Half Dollar. O-118. Sq Base 2, Sm 8, Lg Letters. MS-66 (PCGS). $34,500

Lot 260 1917-S Lincoln Cent. MS-65 RD (PCGS). $32,200

Highlights of prices realized for currency include:

Lot 2537 Fr. 114. 1901 $10 Legal Tender Note. PCGS Very Fine 30PPQ. $80,500

Lot 2638 Fr. 315. 1886 $20 Silver Certificate. PMG Choice Extremely Fine 45. $57,500

Lot 2559 Fr. 217. 1886 $1 Silver Certificate. PMG Super Gem Uncirculated 68. $42,550

Lot 2716 Fr. 1180. 1905 $20 Gold Certificate. CGA Gem Uncirculated 65. $29,900

Lot 2527 Fr. 96. 1869 $10 Legal Tender Note. PCGS Superb Gem New 67PPQ. $28,750

Lot 2735 Fr. 1217. 1922 $500 Gold Certificate. PCGS Very Fine 30. $27,600

Lot 2502 Fr. 64. 1869 $5 Legal Tender Note. PMG Superb Gem Uncirculated 67EPQ. $26,450

Lot 2675 Fr. 817. 1915 $10 Federal Reserve Bank Note. PCGS Superb Gem New 67PPQ. $26,450

Lot 2538 Fr. 118. 1901 $10 Legal Tender Note. PMG Gem Uncirculated 65EPQ. $23,000

Lot 2731 Fr. 1215. 1922 $100 Gold Certificate. PCGS Gem New 65PPQ. $20,125

Prices realized for all lots in the Bowers and Merena Official Auction of the June Baltimore Coin and Currency Convention are available online at www.bowersandmerena.com. This is the second of three Baltimore auctions by Bowers and Merena in 2008, continuing their longstanding and ongoing association with the convention – the next is scheduled for November 19-23. Bowers and Merena will conduct its Baltimore Rarities Sale at the Marriott Waterfront on July 26 prior to the ANA World’s Fair of Money.

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About the Author

Bowers and Merena Auctions was founded in 1983 and has grown to become the world’s preeminent numismatic auctioneer with more than half a billion dollars in rare coin and currency sales. Bowers and Merena has handled four of the five most valuable United States coin collections ever sold, including the Louis E. Eliasberg Sr. Collection, the Harry W. Bass Jr. Collection, the Garrett Collection for The Johns Hopkins University, and the Norweb Collection.

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