The historic coins will be among the PCGS-certified Pogue Family Collection items displayed by Stack’s Bowers Galleries at their booth (#502) during the three-day show. Stack’s Bowers and Sotheby’s will jointly offer the collection in a series of auctions starting in May.
“The 1822 Capped Bust Half Eagle is one of the greatest numismatic treasures of the United States,” stated David Hall, Co-Founder of Professional Coin Grading Service.
Graded PCGS Secure AU58+, the 1854-S Half Eagle is another treasure from the Pogue Family Collection.
“United States Mint records indicate that 17,796 $5 gold coins were produced in 1822, but today only three survivors are known. Two of them are part of National Numismatic Collection in the Smithsonian’s National Museum of American History,” explained PCGS President Don Willis. “The Pogue coin is the finest of the three, and is graded PCGS Secure™ AU50.”
Legendary collector and Baltimore, Maryland banker and financier, Louis E. Eliasberg Sr. purchased the coin from dealer Abe Kosoff for $14,000 in 1945. Pogue bought it for $687,500 in 1982 at “The United States Gold Coin Collection” auction of Eliasberg coins conducted by Bowers and Merena (now Stack’s Bowers).
The Dexter specimen 1804 Class I Draped Bust dollar in the Pogue Family Collection is graded PCGS Secure PR65.
There also are only three known 1854-S Coronet Head Half Eagles, and one of them is part of the Smithsonian’s holdings. The Pogue coin, graded PCGS Secure AU58+, also was formerly in the Eliasberg Collection. Mint record indicate only 268 $5 gold coins were struck at the San Francisco Mint in 1854.
Only eight examples of the Class I Lettered Edge Draped Bust 1804 dollars are known. The Pogue family owns the Dexter Specimen, graded PCGS Secure PR65.
Ron Guth, President of PCGSCoinFacts.com (www.PCGScoinfacts.com) states: “The 1804 Silver Dollar is one of the rarest and most popular of all American coins, despite the fact that none were made until 1834 and several were even made many years after that!”