Unique and Highly Important Gold Pattern Coins From The Bob R. Simpson Collection Come to Market
One-Of-A-Kind $10 1863 Judd-349 Worth $1,250,000 Highlights Legend Rare Coin Auctions Regency Auction 51 In April.
Lincroft, NJ (February 17, 2022) – Legend Numismatics and Legend Rare Coin
Auctions (LRCA) are pleased to announce that two truly unique numismatic
rarities with long and storied pedigrees, the 1863 J-349 Eagle and the 1865 double eagle both struck in gold, will be available for sale from
the incomparable Bob R. Simpson Collection, the largest, finest, most
complete privately owned cabinet of pattern coinage. Among the greatest
pattern rarities ever available for sale, the 1863 $10 J-349 is the only
known to have survived and will be a featured highlight of LRCA’s Regency
Auction 51 in April valued at $1,250,000. With just two known, the other
being the one permanently impounded in the Smithsonian Institution’s
National Numismatic Collection, the 1865 $20 Judd-452 will be available for
private sale at $5,500,000 through Legend Numismatics. The coins earlier
provenances date back to some of the most important collections of the 19th
and 20th centuries.
“It has been an honor to have been entrusted by our friend and client, Mr.
Simpson to offer these treasures to collectors,” said Laura Sperber, Owner
of Legend Numismatics and Founding Partner of Legend Rare Coin Auctions.
“Among all the Patterns, Die Trials, and Experimental pieces cataloged by
generations of numismatists using Dr. J. Hewitt Judd’s numbering system,
those struck in gold are often the rarest and most coveted. Many of them
are unique and impounded either in institutional museum collections, or in
advanced collections that rarely ever make it onto the market. This is an
exciting opportunity not to be missed by collectors.”
$10 1863 J-349. PCGS PR64 CAMEO.
The pattern eagle was struck in gold by George Eckfeldt on August 2, 1863
and was delivered to the Chief Coiner Lewis R. Broomall. The obverse die
was the regular proof die of 1863, while the reverse of J-349 features the
motto “GOD OUR TRUST” in a ribbon in the field above the eagle. From Chief
Coiner Broomall, this coin went into the Colonel Mendes I. Cohen
Collection, which was sold by Edward Cogan in October 1875, lot 1339 for
$17. The exceedingly rare coin was sold over the years to the Heman Ely
Collection, W. Elliot Woodward, T. Harrison Garrett Collection, Robert
Garrett Collection, John Work Garrett Collection, and at one time was
donated to Johns Hopkins University. Johns Hopkins sold this coin in Bowers
& Ruddy’s March 1980 auction where it appeared as lot 1088 and it sold
for $57,500. It later appeared in Superior’s January 1988 sale of the A.
Bernard Shore Collection, lot 4286, where it sold for $150,000. Sometime
later it was purchased by the same collector who owned the J-452. About a
decade ago, the family of that collector reached out to Sperber, and she
arranged the sale to Bob R. Simpson, where it has remained in the Bob R.
Simpson Collection ever since. This will be the first time in over 34 years
that the coin will be available at auction. PCGS values the treasure at
$1,250,000, but since the characteristics allow it to be positively
identified as the only example known to survive this museum caliber rarity
could easily be exceeded at auction.
$20 1865 J-452. PCGS PR65+ DCAM.
The design is that of a regular 1865 double eagle, with the exception of
the reverse die is Type II, which was not struck for commercial use until
1866. Essentially free of any signs of mishandling, the unevenness of the
punching of IN GOD WE TRUST on the reverse die adds character and charm to
this spectacular rarity. This coin comes from a long pedigree of numismatic
royalty including Mason & Co. auction, June 1870, lot 422; William H.
Woodin Collection; Waldo C. Newcomer Collection; F.C.C. Boyd Collection; A.
Kosoff, sold to King Farouk of Egypt; Sotheby’s “Palace Collection”,
February 1954, lot 290; Dr. John Wilkison Collection; Paramount; A-Mark;
Superior’s Session of “Auction ‘90”, August 1990, lot 1468, where it sold
for $440,000; Andy Lustig; Superior’s August 1991 sale, lot 957; private
collection; sold to the Bob R. Simpson Collection about a decade ago via
private treaty sale with Legend Numismatics serving as agent for Mr.
Simpson. Legend Numismatics is asking $5,500,000.
Legend Rare Coin Auctions’
Regency Auction 51 Central States Numismatic Society Show will take place
at the Renaissance Schaumburg Hotel in Schaumburg, IL on April 28, 2022 and
is available for live bidding online to qualified registered bidders. To
inquire about the $20 1865 please contact Legend Numismatics at legend@legendcoin.com,
800-743-2646, or visit www.legendnumismatics.com
About Legend Rare Coin Auctions
Founded in 2012, Legend Rare Coin Auctions (LRCA) is the country’s leading
boutique numismatic auction company dedicated to developing the world’s
greatest coin collections. The firm has sold numerous important collections
and American numismatic treasures resulting in world-record setting prices.
Each auction is curated with the finest handpicked collectible coins and
world-class rarities by a team of numismatic auction industry veterans who
bring an unprecedented level of quality dealings, trust and satisfaction.
Fully transparent with customers, every coin in every auction is examined
by at least two knowledgeable graders. For more information visit www.legendauctions.com
About Legend Numismatics
Legend Numismatics is the premier rare coin dealership in the United
States. The trusted firm is the exclusive dealer to the country’s top tier
collectors and has placed more million-dollar coins than any other in the
industry. Legend Numismatics handles everything from common GEM Morgan
Dollars to classic rarities such as the finest 1913 Liberty 5C. Each coin
is certified by Certified Acceptance Corporation (CAC), a coin grade
verification service. For more information visit
Source
Legend Rare Coin Auctions is an auction company dedicated first and foremost to coin collectors, whether you are buying or selling!!
Our auction company can handle everything from an entire collection to a single coin and makes sure that the coins are placed in the sale most suitable to bring the best prices realized. If you are in the market to purchase, Legend guarantees a boutique offering of world class rarities and high-end coins.
The auction company is owned by Laura Sperber, who is also the principal owner of Legend Numismatics, the undisputed #1 premier coin dealership in today’s marketplace. Laura’s credits include being the exclusive dealer to top collectors such as Simpson, Morelan, Coronet Morgans and more. She has personally bought and sold over $600 million in rare coins since she started her coin career in 1976. This means that Legend Numismatics has bought and sold more major, world class rarities than any other company. Using her expertise in the business and realizing the need for a smaller boutique type auction company where personalized service and quality offerings were the rule, she created Legend Rare Coin Auctions.
Legend Rare Coin Auctions Motto: “A happy buyer, equates to a happy seller!” You will find that Legend Rare Coin Auctions offers buyers and sellers a refreshing auction venue that is very different from its competitors.
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2022-02-18 07:43:20
