Jan 25
Stack's Bowers Galleries listed the Cardinal Collection for auction yesterday. The coins sold for a total of more than 27 million dollars. More than a third of that came from just one coin: a 1794 U.S. Silver Dollar. This Flowing Hair Liberty variety is extremely scarce. It's estimated that there are between 110 and 200 in existence and most estimates tend to be right around 150. PCGS classifies this coin as "Specimen-66"
So what was the total sale price that broke all records? $10,016,875
The winners of the auction are Laura Sperber and Bruce Morelan of Legend Numismatics, a coin firm based in Lincroft, New Jersey. They were on record as having been very happy with the price and stated they would have bid higher if needed.
