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The E-Sylum: Volume 8, Number 41, September 25, 2005, Article 18 1854-S QUARTER EAGLE FETCHES $253,000 In the August 14, 2005 E-Sylum (v8n35), Dave Lange forwarded a link to an article on his firm's web site about a previously unknown 1854-S $2.50 gold piece certified by his firm at this summer's ANA convention. A September 19th Associated Press story reported the results of the coin's recent auction by American Numismatic Rarities: "A rare Gold Rush-era coin owned by a descendant of Chinese immigrants who worked in the California gold fields sold for $253,000 at a Beverly Hills auction. The coin has been confirmed by numismatists as one of only 12 "Quarter Eagles" known to exist from the 246 that were made at the San Francisco Mint in 1854." The anonymous seller's great-grandfather acquired the coin between 1856 and 1858 while working the gold fields, according to the American Numismatic Rarities of Wolfeboro, N.H., which auctioned the coin Sunday. "They took exceptional care of this important piece of American history for nearly 150 years," said John Pack of American Numismatic Rarities. "In fact, it is the second finest known surviving example." Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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