The First Art Newspaper on the Net Established in 1996 United States Sunday, December 28, 2014


Heritage auctions part I of Gardner collection for $19.6 million
This 1796 JR-1 dime certified MS67 PCGS is the sole finest certified of this variety.
DALLAS, TX.- The sole finest known JR-1 variety 1796 dime led all results in the June 23 auction of The Eugene H. Gardner Collection Part I when it sold for $881,250. Overall, the coins in this auction sold for $19,627,872 million, an impressive result for any auction and doubly so for only 637 coins. All prices include a 17.5% Buyer's Premium.

The 1796 dime that highlighted this auction is not only the sole finest known of the variety, certified by PCGS at MS67, but it is also the earliest die state known for any coin of the variety. Heritage catalogers claimed the unique coin, possibly a specimen strike, and clearly at least two bidders agreed. The 1796 dime, characteristic of Mr. Gardner’s collector’s eye and talent for selecting the best coins, was purchased in 1999 for just $161,000.

"My family and I couldn't be happier," Mr. Gardner said. "It was difficult for me to part with the coins, but the whole experience has been wonderful and the surprising total realized was highly gratifying in terms of what it said about the quality of the coins being recognized. This would be any collector's dream. I even had the opportunity to meet the collector who purchased the 1901-S Quarter, and that was special for me"

An 1876-CC twenty cent piece, graded MS64 by PCGS, sold for $470,000. This example of the fabled rarity boasts a continuous pedigree back to the 19th century, and broke records for the date when offered as a part of the Eliasberg collection in 1997.

A 1793 AMERI. Chain cent sold for $440,625 to tie for third honors in this auction. Certified by PCGS as MS63 Brown, this is one of only five certified Mint State cents of the variety, and tied for the finest certified Mint State coin with one coin certified in a higher grade as a Specimen. Another mint state 1793 Chain cent, this one the S-2 AMERICA variety in MS64 Brown PCGS, fared almost as well, bringing $396,562, while a 1793 Wreath Cent graded MS68 by PCGS sold for $329,000.

The stunning 1822 dime, PR66 PCGS, Cameo, likely one of two known, saw interest from 12 bidders who pushed it to $440,625, and an 1827/3/2 Capped Bust quarter, PR64 PCGS, a classic silver rarity and one of nine known sold for a $411,250.

A 1901-S Barber quarter, MS67 PCGS, which Mr. Gardner himself described as a personal favorite and a "hypnotically beautiful coin," sold for $258,500.

Three more New York auctions are scheduled for the Eugene H. Gardner Collection, with Part II taking place Oct. 27. A special video of Gardner discussing his collection and favorite coins has been posted on Heritage Auctions’ YouTube Channel. Meanwhile, the next Signature Auction of U.S. coins is already open at www.HA.com.

Additional highlights from The Eugene H. Gardner Collection Part I include, but are not limited to:

• 1823/2 Capped Bust quarter, B-1, PR64 PCGS: Realized: $396,562.

• 1871-CC Seated quarter, MS65 PCGS, sole finest: Realized: $352,500.

• 1802 half dime, V-1, LM-1, AU50 PCGS: Realized: $352,500.

• 1800 JR-2 dime, MS66 PCGS, sole finest graded of the date: Realized: $352,500.





Today's News

June 28, 2014

King Willem-Alexander of the Netherlands reopens Mauritshuis after $40-million revamp

'Monet and the Seine: Impressions of a River' opens at the Philbrook Museum of Art

First major museum show to focus on Magritte's most inventive and experimental years opens in Chicago

'Silver Age: Russian Art in Vienna around 1900' exhibition opens at the Belvedere

'Dennis Hopper: The Lost Album' on view at the Royal Academy of Arts in London

'James Turrell: Light Spaces' celebrates the artist's return to the Israel Museum

Elizabeth A. Sackler elected first woman Board Chair of Brooklyn Museum

Sotheby's to sell magnificent 15th century chandelier dating to the 15th century

Michener Art Museum announces first regional solo exhibition of Bucks County native Steve Tobin

World famous La Brea Tar Pits offer new experiences; Observation Pit reopens

Major exhibition of new and recent work by Barbara Kruger opens at Modern Art Oxford

Brazilian artist Rafael Silveira's first solo exhibition in New York opens at Jonathan LeVine Gallery

Project-based exhibition of Matthew Ronay's meditative daily drawings opens at Andrea Rosen Gallery

'From Pre-history to Post-Everything' opens at Sean Kelly Gallery in New York

Fine Chinese furniture and paintings achieve top prices at Bonhams San Francisco

Von Lintel Gallery presents the entirety of its program in one summer group show

New Ways of Doing Nothing: Kunsthalle Wien opens new exhibition

Bonhams Festival of Speed Sale races ahead with $38.4 million

Heritage auctions part I of Gardner collection for $19.6 million

Laguna Art Museum presents 'John Altoon: Drawings and Prints'

Juergen Teller's first solo show in Athens opens at the DESTE Foundation

Five international design studios invited to address Dresden Museum of Decorative Arts' collection

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