The 2016 Whitman Baltimore Winter Expo is almost here, and as the anticipation builds, we’re looking forward to the latest Stack’s Bowers Galleries auctions, which will include three different auctions of US coins and paper money, and a special auction held in conjunction with the annual Colonial Coin Collectors Club convention.
Coin Update News offers some highlights of the auctions:
The rarest American coins are offered in session 3, also known as Rarities Night. This sale offers just 196 coins, but includes several rarities that are seldom encountered in the marketplace. One such coin is offered as lot 2057, an 1874-CC Liberty Seated dime graded AU-53 by PCGS. The Carson City Mint produced just 10,817 dimes for circulation that year—a tiny number compared to the output at, for example, the Philadelphia Mint. Virtually all that were struck entered circulation, and while low-grade examples are sometimes seen, even a piece grading Very Good or Fine is considered a numismatic rarity. Higher grades such as this AU-53 are very infrequently encountered, and when they do show up they tend to attract a lot of attention from Liberty Seated and Carson City specialists. While the exact number of survivors is unknown, estimates tend to range from 35 to 50 coins in total, of which only a select few grade above Extremely Fine. (See A Guide Book of Liberty Seated Silver Coins, by Q. David Bowers, for more information.)