Sunday, May 15, 2011

EAC 2011 Auction Highlights

This year's EAC sale, held in conjunction with the annual EAC convention in Portland, OR had a good balance of auction lots from each specialty area (colonials, half cents, early-date cents, middle dates, and late dates). The quality of lots in this year's sale was a little lower than past EAC auctions, but overall there were still some really nice pieces available, including a few unique and/or unusual coins.
A total of 581 lots were sold in a little over 4 hours, and the auctioneer (Brad Karoleff) maintained a brisk pace. Some of the highlights are as follows:
LOT 10 was a 1787 Fugio Copper (Newman 11-X) graded MS63 by PCGS which brought a winning bid of $2900.
LOT 60 was a really nice MS60 1809 C5 half cent (9/6) that was hammered down to the winning bidder for $1800.
LOT 133 was a choice F15 1794 Sheldon-58 large cent, with a provenance that included William Sheldon, Dorothy Paschal, Denis Loring, Del Bland, and Jack Robinson. Enthusiastic bidding took this one to a hammer price of $4750 (more than double "book value").
LOT 366 was an attractive EF40 1813 S-293 cent which garnered a high bid of $3200.
LOT 528 was a spectacular mint error - an 1847 N34 (a R-5 variety to begin with) which featured a clear date, but a capped die error where the majority of the obverse was struck by an inverted image of the reverse design! This strange & wonderful error coin impressed a lot of bidders, and was ultimately won by a $6250 bid.
The bid total for the sale was over $264,000 and both bidders and consignors had a great time.