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Million Dollar Coins

1787 DBLN Brasher New York Style Doubloon. EB Punch on Breast. XF45 NGC.

In the Garrett Collection sale, this coin was called “the single most important coin in American numismatics.” Today, its status is no different. Any coin that is unique can be considered an important coin. The importance also depends on the coin’s position in the numismatic world. A Colonial American gold coin, one of two varieties intended for actual circulation, maintains a higher position in American numismatics than another coin which might be part of a long series of coinage issues. In his day, B. Max Mehl was fond of comparing certain rarities to that “King of American Coins,” the 1804 dollar. Today, we have other coins that can provide a comparison. Certainly, we feel this coin is the equal of the 1804 silver dollar in terms of importance. It seems far more important than the unique 1870-S three-dollar gold piece, or the 1870-S half dime, or other unique coins. Is it as important as the 1933 double eagle? In our opinion, it is. Is it worth as much, or will it sell for as much as that coin recently sold for? We certainly hope so. In fact, we whole-heartedly agree with Dave Bowers’ comments regarding the offering of this coin in the Garrett Collection. We feel that this coin is the single most important coin in American numismatics!

Sold for $2,990,000.00

2005 Ft. Lauderdale FL. (FUN) Signature Sale #360 Lot 30017 to Steve Contursi – Rare Coin Wholesalers


1907 Ultra High Relief, $20 Lettered Edge PR69 PCGSThe Ultra High Relief was the first coin to break the $200,000 price barrier and that was in the Ullmer Sale in 1974. The Ultra has few peers in terms of desirability and, in our opinion, none that compare in historic or numismatic importance. Its only rival is the 1933 double eagle, bookends in this widely collected series, and the only twenty dollar that is more valued than the Ultra High Relief–but then, only one 1933 is legal to own. This piece is one of the Lettered Edge strikings, but the lettering is not visible because of the PCGS encapsulation. It is tempting to call the Ultra High Relief “first among equals,” but in fact, it has no equal among regular High Reliefs or lowered relief business strikes. Because the Ultra has a unique and distinctive appearance, its only peers are other Ultra High Reliefs, and according to the NGC Census and PCGS Population Report, this is the only PR69 in existence. (The NGC Census Report shows another PR69, but this is the same coin, apparently the flip was never returned to NGC and so the duplicate entry remains).1787 DBLN Brasher New York Style Doubloon. EB Punch on Breast. XF45 NGC.In the Garrett Collection sale, this coin was called “the single most important coin in American numismatics.” Today, its status is no different. Any coin that is unique can be considered an important coin. The importance also depends on the coin’s position in the numismatic world. A Colonial American gold coin, one of two varieties intended for actual circulation, maintains a higher position in American numismatics than another coin which might be part of a long series of coinage issues. In his day, B. Max Mehl was fond of comparing certain rarities to that “King of American Coins,” the 1804 dollar. Today, we have other coins that can provide a comparison. Certainly, we feel this coin is the equal of the 1804 silver dollar in terms of importance. It seems far more important than the unique 1870-S three-dollar gold piece, or the 1870-S half dime, or other unique coins. Is it as important as the 1933 double eagle? In our opinion, it is. Is it worth as much, or will it sell for as much as that coin recently sold for? We certainly hope so. In fact, we whole-heartedly agree with Dave Bowers’ comments regarding the offering of this coin in the Garrett Collection. We feel that this coin is the single most important coin in American numismatics!

Sold for $2,990,000.00

2005 November Dallas, TX The Phillip Morse Collection #392 Lot 6922


1787 DBLN Brasher New York Style Doubloon. EB Punch on Wing. AU55 NGC1907 Ultra High Relief $20 Lettered Edge PR68 PCGS

1920-S $10 MS67 PCGS.

1861 $20 Paquet MS61 PCGS. Only three regular issue U.S. coins are unique.

1839/8 $10 Type of 1838 PR67 Ultra Cameo NGC.

1927-D $20 MS65 NGC.

1792 H10C Judd-7, Pollock-7, R.4. SP67 PCGS. Ex: Starr

1921 $20 MS66 PCGS. Ex: Crawford.

1894-S 10C PR65 PCGS

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