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V18 2015 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 18, Number 21, May 24, 2015, Article 12

THE D. BRENT POGUE COLLECTION: AN APPRECIATION

The first sale of the D. Brent Pogue Collection by Stack's Bowers Galleries is history now. This appreciation by John Kraljevich (published May 19, 2015 by CoinWeek) provides a great perspective on the significance of the Pogue coins and the remarkable achievement of gathering them together in a single cabinet. -Editor

The D. Brent Pogue Collection An Appreciation

Interest in collecting American coins exploded in the few years preceding the Civil War, an era that saw the formation of the American Numismatic Society (ANS) in New York and the striking coins and medals expressly for sale to the growing legions of coin collectors. Numismatic auctions became commonplace up and down the eastern seaboard in the 1860s, and the most notable sale of that decade–that of the cabinet of Joseph J. Mickley of Philadelphia in 1867–netted an astounding $16,000 in sales.

In the century and a half since that explosion of interest in American coin collecting, there have been thousands of coin auctions. Billions of dollars worth of rare coins have crossed the auction block. American coins have been collected by kids gathering scarce dates from pocket change and by kings buying whole collections in a single stroke. The most famous collections have been built by marshaling significant resources over multiple generations. Through all of that, no one has ever built a collection like this before.

Not one of the great collections of the 19th, 20th, or 21st centuries had so many examples that were the finest known of their kind. Not one was built with such an unrelenting and uncompromising eye for quality. While all great collections are built from the constituent parts of past collections, none before the D. Brent Pogue Collection had ever taken greater advantage of the auction disposition of other legendary cabinets to assemble the finest-quality examples from each of those cabinets, picked like the choicest fruit from a expansive tree, and put them all together in one place.

This is a meta-collection, a collection that includes the best examples from every notable sale of the last quarter of the 20th century, an era that saw the dissolution of collections like Garrett, Norweb, and Eliasberg that had remained intact and off the market for a half-century or longer.

In so many of the major coin auctions of the last few decades, the numismatic cognoscenti would point to the best early American coin offered, the piece whose quality set it apart, and whisper that’s a Pogue coin. It was a compliment, a benediction even, to say that a coin was rare enough, fine enough, and important enough to be worthy of placement in the D. Brent Pogue Collection.

Without regard to the competition, many of those coins indeed became Pogue coins. If a coin of “Pogue Quality” wasn’t acquired for inclusion in the D. Brent Pogue Collection, it was because the collection already included a better one.

The first offering of the fruits of those extraordinary efforts are presented May 19th, 2015. They glitter and shine, each beautiful to behold. They tell stories about the founding of the nation and the establishment of its now dominant economy. They retain the names of all the great cabinets whose trays they have graced, names that define a fascinating narrative of the era since the coins stopped being tools of commerce and began being appreciated for their history, artistry, and quality.

To read the complete article, see:
The D. Brent Pogue Collection: An Appreciation (www.coinweek.com/opinion/the-d-brent-pogue-collection-an-appreciation/)

For more CoinWeek coverage of the Pogue collection, see:
COINWEEK COVERAGE OF POGUE COLLECTION (www.coinweek.com/?s=pogue+collection)



Wayne Homren, Editor

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To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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