06 April 2020
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The coin, said to be one of the most historic US gold coins ever minted and the only specimen known outside of museums, is part of the Central States Numismatic Society (CSNS) auctions series.
Despite the Central States Numismatic Society convention being cancelled due to the Covid-19 pandemic, Heritage Auctions are selling nearly 3,000 lots of U.S. Coins with closing dates of 23-24 & 26 April.
Jim Halperin, Co-founder of Heritage Auctions said:
"CSNS is one of the highlight auction events our clients look forward to every year. We worked with convention organisers to make sure the truly stellar offerings are still offered despite the cancellation.”
A selection of scarce gold coins are among the highlights of the sale, and the coin expected to achieve the highest hammer price is 1858 Proof 'Liberty Eagle' gold.
The Heritage lot description explains:
"The Philadelphia Mint began its program of commercial proof coin offerings in 1858. Mintage figures for proofs were not recorded that year, but experts agree no more than four to six proof Liberty eagles were produced.
"Most of the coins we know about today were issued as part of six-piece gold proof sets, but it is possible that a few examples were sold singly, as well. Only four examples have been reliably reported, and we believe three of those coins are included in institutional collections at the Smithsonian Institution, the American Numismatic Society, and the Connecticut State Library.
"The magnificent coin offered here is the only example available to collectors, making this lot an extremely important opportunity for series specialists and Registry Set enthusiasts."
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