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Stack’s C.B. Slade Auction Realizes Nearly $2.6 Million

Stack’s Live Contributes to 90% Sell Through Rate

Stack’s June 15-16, 2010 sale of the C.B Slade, Jr. Estate and Other Important Properties yielded excellent results with a final tally falling just shy of $2.6 million after spirited participation from in-person bidders at the auction in Baltimore and live bidders on our popular internet site. Our new Stack’s live software received rave reviews from web participants, both buyers and sellers, alike resulting in a 90% sell through rate pleasing all involved. This new program offers a live video and audio feed from the auction gallery so you can participate as if you were there. Also soon to be released will be a mobile application for the Stack’s website for pre-

Session One highlights included Lot 39, an 1867 Doubled Die obverse two cents, MS-63 BN (NGC), which realized a strong final price of $4,140, indicating that the pursuit of scarce varieties is still “hot” in today’s market. Lot 42, an 1872 two cents, a low-mintage key date from the end of the series, realized $3,450 in MS-61 BN (PCGS), and a Proof-only Close 3 1873 of the same denomination, Lot 43, in lightly circulated Proof-58 (PCGS) garnered $2,530 after strong bidding activity.

Buffalo nickels were out in force with a pleasing 1918-D MS-64 (PCGS) specimen, Lot 137, bringing $4,025, while its counterpart, a 1918-S also in MS-64 (PCGS), Lot 139, brought a matching figure of $4,025. Lot 142, a Gem MS-65 (PCGS) 1920-D brought a resounding $9,200, and a 1920-S in MS-64 (PCGS), Lot 143, went for $4,025. Arguably one of the most popular of all U.S. error coins, a pleasing MS-64 (NGC) 1937-D 3-Legged Buffalo, Lot 163, brought $6,325 after strong bidding competition.

Among half dime highlights was Lot 179, an 1832 LM-9.1 in a PCGS “Genuine” holder and called “Sharpness of Mint State,” a Rarity-7 variety that brought $3,450. Lot 182, an 1835 LM-12, a Rarity-7+ variety and only the third known example of the die pairing realized a strong $6,900 though called just “Sharpness of VF, cleaned” in the catalogue.

Among dime highlights was Lot 216, an 1860-O, a classic rarity in the series, which realized $6,900 in EF-45 (PCGS), a strong showing for the date. An 1891-O in MS-66 (PCGS), Lot 232, soared to $4,600, and an exquisite 1909-D Barber dime, Lot 238, tied for finest graded at MS-66 (PCGS), brought a solid $4,025. Lot 239, another example of the date, was called MS-65 (PCGS), and brought strong money at $2,990.

Mercury dimes were not to be outdone as Lot 249, a Gem 1916-D MS-66 FB (PCGS) example brought an amazing $74,750, and another example of this key date, this one called MS-63 FB (PCGS), Lot 250, took in $16,100. Other Mercury dime stand-outs included Lot 263, a key date 1921 called MS-64 FB by PCGS which tallied $4,312.50, a 1921-D MS-65 FB (PCGS), Lot 264, at $4,312.50, and Lot 272, a superb 1926-D Gem MS-67 FB (PCGS) coin, which sold for an outstanding $27,600! Among 20-cent pieces was a gorgeous Proof-65 (PCGS) coin, Lot 289, which fetched $6,900 after strong bidding activity.

Quarter dollars were next in the limelight, and numerous pieces made a strong showing. Lot 295, an 1806 B-2 variety in MS-63 (NGC) kept the auction paddles high until it reached $11,500. Lot 330, the famous key date 1916 Standing Liberty quarter brought $9,200 in an AU-50 PCGS holder. A 1917-D Type I, Lot 337, brought $4,025 in MS-66 FH (PCGS), and Lot 340, a 1917-S Type I in MS-65 FH (PCGS) took in $3,450. A strong price of $7,475 won Lot 361, a pleasing 1923-S MS-65 FH (PCGS) quarter.

A long run of half dollars kicked off with Lot 408, a first-year 1794 O-107. This Rarity-6 variety easily climbed to $2,290 despite its “Sharpness of VG, rim dings” description. A Choice EF 1802 O-101, Lot 418, brought $4,025, a strong showing for the date in an EF-45 (ANACS) holder. An AU-53 (PCGS) 1806 O-114a, Pointed 6, Stem variety, Lot 440, realized 3,737.50.

Lot 447, an EF-40 (PCGS) 1807 Capped Bust, O-114a “Bearded Goddess, 50/20” variety shot to $4,887.50. Lot 478, a simply amazing MS-66 1814/3 overdate half dollar, O-101a, in an NGC MS-66 holder soared to $48,875 on spirited bidding. Another popular overdate half dollar was Lot 483, the low-mintage 1815/2 O-101 variety in EF-40 (PCGS), which brought $4,600. An 1833 O-101 Gem Mint State-65 (NGC) specimen, Lot 541, reached $5,750.

Liberty Seated half dollars saw strong action when Lot 565, an 1852-O called MS-62 by NGC fetched $5,462.50, and Lot 577, an 1859 Proof-64 CAMEO (PCGS) saw a final price of $4,025. Among Walking Liberty half dollars Lot 607, a 1917-S Obverse Mintmark, MS-62 (PCGS) brought a resounding $5,462.50, and a nice MS-64 (NGC) 1918-D, Lot 611, brought $6,325. Two half dollars, 1919-D and 1920-D, Lot 616 and Lot 617 respectively, each housed in PCGS AU-58 holders, brought identical totals of $4,025. Lot 619 was a key date 1921-D half dollar graded MS-63 (NGC) that realized $12,650 after the bidding dust settled.

Early dollars were up next and Lot 672, a 1795 Flowing Hair dollar, BB-21 with “VF details, Cleaned” (ANACS) brought $4,600, while Lot 674, another 1795 dollar, BB-27 in a VF-20 (PCGS) holder settled in at $5,060. A pleasing EF-45 1795 “Centered Bust” dollar, BB-52, Lot 678, saw a final price of $12,075. A 1797 dollar with stars 9X7, Lot 700 in an ANACS EF-40 holder brought a substantial $8,050 after heated bidding. Morgan dollar results were strong and quality coins sold easily. Lot 752, an 1879-CC Normal Mintmark in an NGC GSA-wrap holder graded MS-61 brought strong money for the grade at $4,600.

A Choice MS-63 1893-O, Lot 985, brought $6,325, and Lot 988, an EF-45 (ANACS) piece, brought $6,900. A wining bid of $4,600 took home Lot 991, an 1894 graded MS-63 (PCGS). One of the stars in the Morgan series was Lot 1000, a Proof-61, “lightly cleaned” Proof-only 1895 which pulled down $38,525 despite minor drawbacks. A pleasing MS-63 (PCGS) 1895-S dollar, Lot 1006, saw a final price of $5,462.50. Among Peace dollars the hands-down star was Lot 1064, a Proof-60 (ANACS) 1921 High Relief called “Cleaned, retoned” which still brought a respectable $11,500. The 1880 Proof-only trade dollar in Proof-64 CAMEO (PCGS), Lot 1131, brought $4,887.50.

Session Two began with colonial issues, which were hot across the board. Lot 2004, a 1662 Oak Tree twopence in an NCS “EF Details” holder and dug in Massachusetts by a metal detector saw a final realization of $4,312.50. One of the strongest highlights of the colonial section was Lot 2013, the Roper specimen of the (1667-69) Saint Patrick’s farthing, the rare QVIESAT variety, this popular rarity brought an astounding $23,000, perhaps a record (or near-record) price for a copper “St. Pat’s” farthing.

Lot 2080, a 1786 New Jersey copper, Maris.11-H, a Low Rarity-6 variety in “just” Good-6 (PCGS) ran up to $2,530. Next among classic issues, the (1785) Bar copper of Lot 2101, graded EF-40 by PCGS, saw intense bidding before being taken home at $13,800. Lot 2115 was one of the highlights of the sale and was featured on the cover of the catalogue. The 1792 Washington Roman Head Cent, called Proof-64 BN (PCGS) and off the market for 35 years, saw an impressive round of bidding, the end result a $103,500 price tag!

Among large cents, Lot 2166 was the ever-popular 1793 Chain AMERICA, Sheldon-3, in AG-3 grade, which still brought a respectable $4,887.50.

Commemoratives saw many highlights, of which Lot 2217, an 1893 Isabella quarter in PCGS MS-66 sailed to a top price of $4,312.50, while a MS-65 (PCGS) 1915-S Panama-Pacific $2.50, Lot 2294, brought a solid $5,436.50.

Pattern coinage was likewise active with many lots yielding strong prices. Among those was Lot 2358, Judd-164, a pattern Flying Eagle cent in copper called Proof-66 BN by PCGS and realizing $6,900. The 1860 “Transitional” half dime, Judd-267, offered as Lot 2366, saw swift bidding that drove it up to $6,037.50, and Lot 2373 offered Judd-942, an 1870 half dollar pattern called Proof-64 BN by NGC, which brought the same figure, $6,037.50.

Three consecutive pattern “gold” dollars brought increasingly higher amounts. Lot 2375, an 1871 J-1161 in copper and a Rarity-8 issue, called Proof-65 BN by NGC, was bid up to $17,825. Another Rarity-8 gold $1 pattern, Lot 2376, an 1871 specimen struck in aluminum (Judd-1162), flew to $20,700. Lot 2377 was an 1871 “gold” dollar pattern in nickel, unique as such, and called Proof-61 by NGC—it took off and soared to $25, 300 after strong bidding competition.

U.S. gold denominations showed strength across the board, with gold dollars particularly active, especially key-date issues. Lot 2417, an 1851-D in MS-63 (NGC) garnered $10,925, and Lot 2419, an 1852-D in MS-61 (PCGS) saw $7,762. The tidy sum of $13,225 bought Lot 2425, an 1854-D Type I MS-62 (PCGS) gold dollar. Lot 2433, an 1856-D in AU-58 (NGC) ran up to $12,650, and an 1858-D, Lot 2435 in MS-63 (NGC) went to $13,800, as did Lot 2436, an 1859-D in MS-63. Lot 2437, a Gem Cameo Proof-66 PCGS 1860 gold dollar brought a bold $24,150 after fierce bidding activity. An 1860-D called AU-55 by NGC sold at $7,762.50.

Some quarter eagle highlights included an impressive 1904 Gem MS-66 (NGC) Broadstrike, Partial Obverse Brockage specimen which ran away to $13,800, and a 1911-D Strong D Indian quarter eagle, Lot 2529, the key to the design type, which brought a solid $5,750 in AU-58 (PCGS).

Lot 2550: 1805 BD-3 half eagle. MS-62 (NGC). Price realized: $15,525

Among half eagles, Lot 2550, an 1805 BD-3, Rarity-5+ variety in MS-62 (NGC) brought $15,525, and Lot 2551, an 1811 BD-2 variety in an AU-58 NGC holder brought $8,625. Lot 2552, an 1812 BD-2 High Rarity-4 variety in MS-61 (NGC), topped out at $12,075. Among later Liberty issues, Lot 2574, an 1858-D in AU-58 (PCGS), sold at $7,475, while Lot 2598, a Proof-64 PCGS 1903 soared to $13,800.

Three rare Indian half eagles hit the block running. The first, Lot 2615, a 1909-O in EF-45 (PCGS) and the last gold issue from New Orleans brought $5,635. Next up was Lot 2636, a stunning 1915 Sandblast Proof-64 (PCGS) piece that topped the charts at $21,850. Lot 2640, a 1929 half eagle in a PCGS “Genuine” holder called “Sharpness of Mint State, cleaned, scratched” still jumped to a respectable $20,700!

Among $10 eagles, Lot 2641, a PCGS “Genuine” specimen of the 1801 BD-2 variety called “Sharpness of AU, cleaned, rims filed” brought a respectable $8,337.50. A rare 1876 eagle, mintage just 687 pieces, was Lot 2656 and realized $7,475 in a PCGS EF-40 holder. An 1880-O, Lot 2658, saw a respectable return at $5,175 in an NGC AU-55 holder. A Gem MS-66 1901-S, Lot 2679 sailed to $6,325.

Double eagles were likewise active with many high prices across the board. A gorgeous MS-65 (NGC) 1857-S, Lot 2719, probably from the S.S. Central America hoard, saw active bidding to $9,775. An impressive 1884-CC AU-58 (NGC) specimen, Lot 2731, went to $6,900, and Lot 2760, a Proof 1902 in a “Genuine” PCGS holder, found a new home at $6,612.50. Saint-Gaudens double eagles were also strong, with many dates bringing top dollar. Highlights included Lot 2778, an MCMVII High Relief called “Sharpness of AU, mount removed” that fetched $6,612.50; a Gem Mint State-65 (PCGS) 1911-S, Lot 2801, that realized $4,600; and a Gem MS-65 ((PCGS) 1923 that brought the same price, $4,600.

For further information on participating in or consigning to an upcoming Stack’s auction, contact Stack’s at 123 West 57th Street, NY, NY 10019 or at Box 1804, Wolfeboro, NH, 03894. By phone please use 800-566-2580. Full sales results from our sale of the C.B. Slade, Jr. Estate and other important properties, as well as full photos and text from previous sales, are available online at our website.

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