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The E-Sylum: Volume 27, Number 39, September 29, 2024, Article 25

STACK'S BOWERS TO SELL ROBERT D. REED COLLECTION

This press release announces the sale of the Robert D. Reed Collection of U.S. Coins in the Stack's Bowers November 2024 Showcase Auction. -Editor

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Stack's Bowers Galleries is proud to announce that it will be offering the Robert D. Reed Collection of United States Coins in their November 2024 Showcase Auction. Featuring over 100 gold coins that include early United States Mint issues and a world-class selection of Territorial gold, the Reed Collection was assembled in the 1980s and 1990s and is entirely fresh to the market. Collectors will have the opportunity to acquire these treasures for the first time in decades as part of the Stack's Bowers Galleries November 2024 Official Auction of the Whitman Coin & Collectibles Winter Expo.

Robert "Bob" Reed's love of collecting perhaps started as a child when he collected toy soldiers and cowboys – items still in his possession when he passed away in May 2024. Bob grew up outside of Newark, New Jersey before his family finally settled in Ponte Vedra Beach, Florida. Soon after that move, he left college to join the United States Army serving a tour in Vietnam. When he returned from the war, he began working for the family business and soon took over the company after his father passed away.

Bob and his wife Donna began taking trips to New York City and fell in love with the city, where his passion for coins blossomed at Stack's Rare Coins' West 57 th Street location. Sourced primarily from Stack's through a combination of public auction sales, fixed price lists, and over the counter sales, the collection features a diverse array of rarities. Although Bob collected mostly United States coins, he expanded his collection to include pieces from all over the world and from different time periods.

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The John A. Beck 1850 Baldwin & Co. $10

The Reed Collection is highlighted by a magnificent 1850 Baldwin & Co. "Horseman" $10 gold piece which was recently graded MS-63+ by PCGS and ranks as one of the finest known. Also included are a dazzling quartet of 1879 Flowing Hair $4 Stella gold patterns, graded Proof-62 and Proof-63 Cameo by PCGS.

"It was stunning," commented Greg Cohen, Senior Numismatist in the Stack's Bowers Galleries New York City gallery. "When I opened the email and saw that the first two coins and the last two coins on the first handwritten page were Stellas, I knew this would be a very special collection."

"After a short conversation with the family, we made plans to visit and take delivery of the collection," continued James McCartney, the firm's Director of Numismatics and Consignments. "Reviewing the coins in hand confirmed just how special they are. We are extremely excited to present this amazing cabinet to a new generation of collectors in our November Showcase Auction."

Other treasures include early quarter eagles, half eagles, and eagles; double eagles that feature scarce and popular Carson City and New Orleans issues; further territorial rarities including 1849 and 1860 Mormon $5 pieces and a Clark-Gruber "Pikes Peak" $10; a trio of high-grade early dollars, and three Haseltine Confederate Cent Restrikes – one in copper and two in silver.

I always enjoy seeing coins from the John Beck collection pop up again in the market. Beck was a Pittsburgh banker and one of the earliest investors in U.S. coins - he accumulated massive holdings of pioneer gold and 1856 Flying Eagle cents. Following his passing in 1924, his collection remained in safe deposit boxes for half a century before being sold in the 1970s. The "Horseman" piece is just one highlight. -Editor

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Wayne Homren, Editor

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