Pedigree Sales Show Market Trends

By David L. Ganz, Numismatic News

Queller 1804 Dollar and Yodar 1838-O Half DollarThis is a two part column talking about auction pedigrees (Part I) with a focus on the Mickley-Hawn-Quellar 1804 silver dollar and the Anderson-Dupont-Yoder 1838-O half dollar. Part II tells the fascinating story of tracking down a footnote - a price realized 20 years ago - on a pedigreed piece highlighted in my new book, “Profitable Coin Collecting,” which Krause will publish July 20. Rare coins are white hot. On April 17, Heritage sold the David Quellar family specimen of the 1804 silver dollar for $3.7 million, and the Yoder family 1838-O half dollar (a circulated proof-45) for $276,000. Both coins and all others quoted refer to the hammer price plus the buyer’s premium, if any, charged winning bidders.

Both pieces realized prove the state of the market when looked at in the context of the lengthy pedigree that each offers. The 1804 dollar goes back 140 years; the 1838-O half dollar covers a half century of the coin market with its ups, downs, and sideways momentum.

For more than 40 years, I’ve been writing about the rare coin market and auction sale trends, and have charted the path that I called in one book “planning your rare coin retirement.” It’s become more important to me as I get nearer to my own; my 57th birthday (coincidentally my 43rd year as a coin writer) comes up July 28.

Read Mr.Ganz’s Full Article Here

About the Author

NumisMaster is a subscriber based online database which allows hobbyists to select and sort coin and paper money information to fit their individual collecting interests. This database comprises the content for every book Krause Publications has published in the Standard Catalog line of price guides for more than 50 years. Krause Publications is a division of F+W Publications, Cincinnati, Ohio.

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  1. Andy Silver Dollars Stevens | Jun 14, 2008 | Reply

    Wow, those have to be some really rare coins! I will have to take a look at that book.

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