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Heritage's Long Beach Auction brings $16.3+ million
This 1854-O $20 AU55 NGC brought $381,875.
BEVERLY HILLS, CA.- New Orleans double eagles are highly sought after whenever they appear at auction, as was especially evident in Heritage Auctions' June 4-8, 2014 U.S. Coins Signature Auction at the Long Beach Coin and Collectibles Expo, where an 1854-O $20 AU55 NGC brought $381,875, amidst spirited bidding, to lead the offerings.

"No examples of this coin are known in Mint State grades," said Greg Rohan, President of Heritage Auctions, "leaving coins in the high AU grades the only alternative for specialists seeking the finest available specimen."

An 1850-O double eagle, at MS61 the finest and sole mint state example of the date graded by PCGS, followed the trend when it sold for $111,625.

A rectangular $16 ingot produced by Moffat & Company in 1849 and graded AU58 by NGC sold for $199,750 in the auction, to take the second spot on the podium. Moffat & Co. is well known as a producer of what we now call territorial gold coins, but their ingots are known in denominations ranging from $9.43 to $264. Heritage experts believe that only 15-20 of the $16 ingots exist, with the present piece tied for the finest numerical grade at the major grading services.

The unusual dull sandblast surfaces found on the proof double eagles of 1912 were not popular with collectors of the day, but the combination of the distinct look of the coin with the double-digit mintage makes the coin a prize today, as evidenced by the sale price of $193,875 realized by a 1912 $20 PR67 PCGS Secure CAC example in the Long Beach auction. This coin is the sole example to be graded as a Superb Gem by PCGS.

Today's News

June 22, 2014

Rijksmuseum opens exhibition of fourteen monumental sculptures by Alexander Calder

Italy to lend prized Titian painting to National Gallery of Art to celebrate commencement of EU Presidency

Simple Shapes: Interview with Jean de Loisy, Pierre-Alexis Dumas and Laurent Le Bon

'Houghton Hall: Portrait of an English Country House' opens at the Museum of Fine Arts, Houston

A pair of Imperial tables, reunited after over 150 years, will be offered for sale by Mallett at Masterpiece London

Ancient Inca roads spanning six countries in South America win coveted World Heritage status

Blanton exhibition investigates the history and psychology of human relationships with cats and dogs

Art Basel announces film curator and art lecturer Maxa Zoller as the new Curator of Film Sector

Rare Louis XV gold snuff box sells for over 150,000 at Bonhams Fine Silver and Gold Boxes sale

Washington's National Gallery of Art announces recent acquisition of 16 works of art

New works on view in deCordova's Sculpture Park, including works by Carl Andre and Paul McCarthy

New York-based artist John Clement's first solo exhibition at De Buck Gallery opens in New York

Vauxhall Art Car Boot Fair to showcase the best of Brit art at the opening weekend of the Liverpool Biennial

Clars June 2014 sale sets new world records in fine art and decorative arts

Centro Galego de Arte Contemporánea opens exhibition of works by Diego Santomé

Meissen masterpieces fetch extraordinary prices at Bonhams European Furniture Auction

Andrés Galeano's 'Unknown Photographers' opens at Pavlov's Dog

The story of Ancient Antioch's discovery on exhibit in Ankara

Zin Taylor's first solo-show in the UK opens at Kunstraum

Urban artists illustrate vibrancy of Spain's wine with "Streets of Color" Miami

Exhibition celebrating surf craft, design and culture opens at Mingei

Heritage's Long Beach Auction brings $16.3+ million

Exhibition offers a glimpse into the dazzling history of silver in the Queen City

Most Popular Last Seven Days

1.- British archaeologist Nicholas Reeves aims to pinpoint legendary Queen Nefertiti's tomb

2.- Exhibition at the Victoria & Albert Museum explores the world of Indian textiles and fashion

3.- Rare Byzantine mosaic that depicts ancient streets and buildings in Egypt restored

4.- Sopranos actor/art collector Federico Castelluccio to pen book on Guercino discovery

5.- Exhibition at the McNay Art Museum presents more than 50 works created by Joan Miró

6.- Major monographic exhibition of works by Tamara de Lempicka on view in Verona

7.- Virginia Museum of Fine Arts acquires painting commissioned by King George III

8.- Tang Museum at Skidmore College receives 500 photographs from Jack Shear

9.- The Rijksmuseum and the Louvre to jointly buy rare Rembrandts for 160 mn euros

10.- Rail life: History of trains brought to life in a state-of-the art museum in Brussels

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