Goldberg Coins and Collectibles

Sale 8

Coin and Currency Auction

The "Heathgate" Collection of Flying Eagle and Indian Cents

Lot	Photo	Description	Realized
Lot 1124		1885 Indian Head Cent. NGC graded Proof 68 Red and Brown. An outstanding coin with great eye appeal. The coin exhibits a beautiful "old gold" tone, which gives it a warm fiery look. This example has a double die reverse, which is minor but visible on the outer leaves of the right side of the wreath. Estimated Value $3,000 - 4,500. View details	Realized $4,140
Lot 1125		1885 Indian Head Cent. PCGS graded Proof 66 Red. A stunning coin with outstanding eye appeal. The coin exhibits moderately deep mirrors with nearly flawless surfaces. Clearly high end for the grade given. The date on this example shows slight repunching. There are presently no collections of proof Indian cents by die variety. The proof Indian cent is challenging enough. To add varieties to the equation makes it a nearly impossible. All presently known die pairs of all proof Flying Eagle and Indian Cents are being listed in the new Flying Eagle and Indian Cent attribution guide, 2nd edition by Rick Snow. It is being published by Eagle Eye Rare Coins in 6 volumes throughout this year. Estimated Value $1,000 - 1,500. Includes Eagle Eye Photo Seal. View details	Realized $2,990
Lot 1126		1886 Indian Head Cent. PCGS graded Proof 66 Red. A very attractive example with moderately deep mirrors. The tone is a bit deeper red compared to some of the coins offered earlier. The more common design type with the last feather pointing between the I & C of AMERICA. The PCGS population report grouped both the Variety 1 and Variety 2 1886 Proof Indian into one listing as late as 1999. When they were separated, the entire population was moved into the Variety 1 listing. This makes the Variety 1 seem more common than it actually is if one looks solely at that data. However, the reality is not much different for gem full red proofs. The Variety 2 turns out to be prohibitively rare in high grades in full red. The population of 13 in PR65RD and 5 in PR66RD with none higher is probably very close to correct for the 1886 Variety 1. Estimated Value $3,000 - 4,000. Includes Eagle Eye Photo Seal. View details	Realized $3,680
Lot 1127		1886 Indian Head Cent. NGC graded Proof 67 Brown. Absolutely stunning. Although full brown, the eye appeal of this coin is outstanding. Overall much scarcer than the Variety 1 proof and at this grade level it is exceptionally rare. Charles Barber redesigned the obverse of the Indian Cent in 1886. The slight modification is noticeable by comparing the relationship of the last feather to the ICA in AMERICA. The Vareity 1 style is used from 1864. The Variety 2 style was used from late 1886 onward. Estimated Value $1,500 - 2,500. Includes Eagle Eye Photo Seal. View details	Realized $2,300
Lot 1128		1886 Indian Head Cent. PCGS graded Proof 64 Red. This is an exceptional example for this issue. One of the rarest dates in the proof Indian Cent series in gem full red. The coin has moderately deep mirrors with very good eye appeal. The few full red examples that exist have a light gold tone, nearly straw colored. Other issues, like 1887 show this same peculiar color. Be aware that this is normal for the issue and may be a clue to the reason so few have been graded of these dates in full red. It's not that these get unfairly rejected by the grading services, I think they know an original coin when they see them. The coins are just not out there in full red. Presently only 5 examples are graded by PCGS in all grades with full red, 4 in MS-64RD and a sole PR66RD. (The PR66RD was just offered in Heritage's F.U.N. sale featuring the "Joshua" collection of proof Indian Cents.) NGC has graded a PR65RD example also. The populations may not reflect the overall rarity of this issue properly due to the addition of this listing in 1999, however years of experience have shown this to be an outstanding rarity. Estimated Value $4,000 - 6,000. Includes Eagle Eye Photo Seal. View details	Realized $6,325
Lot 1129		1886. Type 2. PCGS graded MS-65 Red. Here is an outstanding example of one of the toughest dates in the Indian Cent series to find in gem full red condition. This is a fully struck example with outstanding eye appeal. An earlier die state than is typically seen. Many coins of this date that exist in high grade came from an original roll that was sold at auction in 1983 (Auction '83 lot #1548). Coins from this source are all late die state pieces with wavy uneven fields and softer devices. This coin is not from that group and is one of the finest examples known. Collectors usually underestimate this date when assembling their collections. As a result this is usually one of the final pieces to be added. Estimated Value $10,000-UP. Includes Eagle Eye Photo Seal. View details	Realized $21,850
Lot 1130		1887 Indian Head Cent. PCGS graded Proof 65 Red. An outstanding coin with excellent mirrors and captivating eye appeal. The coin is nearly perfect and is possibly worthy of a higher grade. Presently only one coin is graded higher at PCGS. There are only 6 examples graded PR65RD. This is one of the top condition rarities of the series. As with the 1886 Variety 2, this issue is usually rather pale in color when found full red. It would be interesting to know if this is due to a different alloy used or if the cause was some external procedure used at the Mint. Perhaps the cent planchets were washed in an acidic solution prior to striking. Regardless of the cause, the coins remain very difficult to find full red. Estimated Value $3,500 - 5,000. Includes Eagle Eye Photo Seal. View details	Realized $8,338
Lot 1131		1888/7 Indian Head Cent. PCGS graded AU-58. This is a very memorable coin which has never been auctioned. This is the 6th finest known of 23 known examples. This is the absolute finest circulated specimen. The original prooflike surfaces are essentially unimpaired. The coin has no major marks. There is only the faintest rub on the highest points and some minor hairlines in the field. Nearly all known examples have a die "cud" on the rim at the 9:00 position. Perhaps the die failed very early in its life, accounting for the extreme rarity of this coin. Jim Ruddy, partner in the firm of Bowers and Ruddy, first discovered this variety in 1970. Two uncirculated examples were found together in a Virginia estate. The two coins were apparently together since their mintage. A value of just under $5,000 was placed on the variety at the time. Since then, collectors have searched in vain for additional specimens. Only 23 examples have turned up since. A brief listing of the known specimens with some comments may help shed some light on how rare this coin really is. 1). Reportedly a gem full red example exists. It was sold for $43,000 in 1991. 2). The finest certified example is the MS-64RB PCGS example. This coin is a beautiful prooflike piece with perfect surfaces, except for a bold contact mark on the cheek. It last sold privately for $60,000. This coin traces it's pedigree to Superior's "Juan X Suros" Sale where it was graded MS-63 RB by PCGS (and still accounted for in their Population Report) and described as being one of the Ruddy discovery coins, a claim which is false. Earlier it was sold by Eagle Eye Rare Coins privately for $22,500. 3). A MS-64BN coin is graded by NGC. This coin was discovered a few years ago in the inventory of the New York numismatic firm of Stack's, and subsequently sold in their October 1997 sale for $33,000. It was later graded by NGC as MS-64 BN. The coin has a small "X" scratch above the first three feathers. It was offered in Superior's February 2000 Pre Long Beach Sale where it was described as being one of the original Ruddy discovery coins, a claim which is false. 4 & 5). The two Ruddy discovery coins do not seem to have been on the market in the past 10 years. These have been described as being MS-60. One was bought by Robert Marks and was seen in no less than four auction appearances between 1972 and 1974 garnering winning bids between $1,500 and $4,000. Perhaps the ANACS graded MS-61RB is one of these coins. 6). The present example. AU-58 PCGS. This coin was sold by the Boston numismatic firm J.J. Teaparty in the early 1980's. It surfaced again in 1998 and was graded and placed into the "Margene Heathgate" collection by Eagle Eye Rare Coins. 7). ANACS graded AU-55 cleaned, net graded from MS-60. Sold on the internet auction eBay, December 11, 2000 by Eagle Eye Rare Coins for $10,000. 8). XF-40 9 - 14). Five examples are known in Very Fine including 2 corroded examples. 15). One example is graded Fine. 16-23). Eight examples are known in Very Good or lower grades. One PCGS graded example is misattributed. Estimated Value $8,000 - 12,000. Includes Eagle Eye Photo Seal. View details	Realized $18,400
Lot 1132		1888 Indian Head Cent. PCGS graded Proof 64 Red. A beautiful coin for the grade, in fact, aside from a few minute flyspecks this is coin could qualify for a higher grade. The coin has moderate mirrors with exceptional eye appeal. The mintage indicates that this is one of the more common dates in the proof Indian Cent series. However experience and the PCGS population reports show that this is a moderately scarce date over all, and an exceptionally scarce date in full red. Only 10 examples are graded PR64RD, with 4 PR65RD's and 4 in PR66RD. Like the 1887, this date commands a large premium equal in gem full red. Estimated Value $1,200 - 1,500. Includes Eagle Eye Photo Seal. View details	Realized $2,875
Lot 1133		1888 Indian Head Cent. NGC graded MS-64 Brown. This is the finest known example. Only 22 examples are reported with just four examples known in MS grades. A well struck example with hardly any surface impairments. A few field depressions are visible but these are caused by machine oil on the planchet during the striking process. These are not distracting and do not serve to limit the grade. There are no design deficiencies. This new variety was discovered in the early 1990's by noted numismatist Bill Fivaz. Because the Snow-1 1888/7 is virtually unobtainable, this variety has become a sort of hole filler for that space in collector's albums. In addition to the overdate feature, the base of a 1 digit is visible sticking out of the first pearl of the necklace. The overdate feature is somewhat controversial. It was confirmed by many numismatists at the time of ti's discovery by using overlays which seemed to prove the overdate status of the variety. However, in the June 2000 issue of "Longacre's Ledger", Dr. Tim Larson challenged the overdate status, claiming that it could be an 1888/888. The jury is still out. Listed in the Cherrypicker's Guide at $7,500 for MS-63. Estimated Value $2,000-UP. Includes Eagle Eye Photo Seal. View details	Realized $1,553
Lot 1134		1889 Indian Head Cent. PCGS graded Proof 66 Red. Another attractive example with superb surfaces and great eye appeal. The mirrors are moderate. There are clash marks clearly evident on both sides of the coin. This is found on all coins from this die pair. A high percentage of the proof issues in the 1880's show some type of a lack of quality control. It is common to find coins that were struck from known proof dies that were obviously struck only once, possibly on a high speed press. Although these coins will have mirrored fields, they will also have rounded edges and some striking weakness on the feathertips and lower hair curl. These were struck as proofs and included in the proof set sales of the year. Estimated Value $3,000 - 4,000. Includes Eagle Eye Photo Seal. View details	Realized $4,600
Lot 1135		1890 Indian Head Cent. PCGS graded Proof 65 Red. A dazzling deep mirror gem. This is a real beautiful example held back from a higher grade due to a few light flyspecks and minor planchet laminations. This date is moderately scarce, partly due to a lower mintage. Estimated Value $2,000 - 3,000. Includes Eagle Eye Photo Seal. View details	Realized $2,875
Lot 1136		1891 Indian Head Cent. PCGS graded Proof 66 Red. An outstanding example with deep mirrors and excellent eye appeal. A tougher date in the later proof series, and this is one of the finest graded examples. Only 4 are graded by PCGS with none higher. Estimated Value $3,000 - 4,000. Includes Eagle Eye Photo Seal. View details	Realized $4,370
Lot 1137		1891 Indian Head Cent. ICG graded MS-65 Brown. A very scarce and dramatic doubled die with major doubling visible on the LIBERTY and OF. This example is tied for the finest known. Only 23 examples are known to exist. This example is well struck, with lots of luster. The Cherry Picker's Guide prices this coin at $750 in AU. Variety collecting is the Flying Eagle and Indian Cent series is very active. The top varieties like the 1891 Snow-1 are in extremely high demand. Estimated Value $2,500 - 3,500. Includes Eagle Eye Photo Seal. View details	Realized $2,070
Lot 1138		1892 Indian Head Cent. PCGS graded Proof 65 Red. This coin exhibits deep mirrors with very few impairments. A light finger smudge above the feathertips may have caused this coin from garnering a higher grade. This is a relatively common date. Estimated Value $800 - 1,000. Includes Eagle Eye Photo Seal. View details	Realized $1,093
Lot 1139		1893 Indian Head Cent. PCGS graded Proof 66 Red. A stunning deep mirror cameo gem. This coin is an outstanding example of this date and one of the finest known. Only 4 are graded by PCGS with one higher. A small Mint caused planchet lamination above the first feathertip is all that keeps this coin from a PR67RD grade. Estimated Value $2,500 - 3,500. Includes Eagle Eye Photo Seal. View details	Realized $3,508
Lot 1140		1894 Indian Head Cent. PCGS graded Proof 65 Red. This example exhibits an attractive golden color with moderate mirror. A few light ticks and Mint caused planchet marks are present but do not appreciably detract from the look of the coin. Estimated Value $1,200 - 1,600. Includes Eagle Eye Photo Seal. View details	Realized $2,185
Lot 1141		1894. Doubled date. Snow-1. PCGS graded MS-66 Red. An outstanding coin with superb surfaces and full strike. This is a real treasure. As a representative of just the 1894 issue, it ranks as one of the finest known. The odds that it is also the scarce and popular Snow-1 are nearly inconceivable! What a treat it is to see such a wonderful example. Needless to say, this is the finest known example of this very popular repunched date. This is certainly the top repunched date in the Indian Cent series. The date on this variety is strongly repunched to the northeast. Only a few repunched date are collected as part of the regular date set, the 1867/67 Snow-1, 1869-69 Snow-3 and the 1894/1894 Snow-1. PCGS presently labels only this one and the 1867. Estimated Value $10,000-UP. Includes Eagle Eye Photo Seal. View details	Realized $29,900
Lot 1142		1895 Indian Head Cent. PCGS graded Proof 66 Red. A beautiful deep mirror example that grabs the light and doesn't give it back. An early die state example with "orange peel" fields. After the dies are hubbed and the date is applied, the die is given multiple polishes with progressively finer and finer polish. The last polish given to the dies prior to being hardened gives the field a surface quite like a mirror. This is the deepest mirror attainable on the dies. When the die is hardened, the metal shrinks slightly creating a wavy effect on the polished surfaces. It looks somewhat like the surface of an orange. When you see orange peel on a proof issue you can be sure that it is one of the first examples struck from those dies. Later polishing to the already hardened dies will produce a flatter and shallower mirror. Estimated Value $1,200 - 1,600. Includes Eagle Eye Photo Seal. View details	Realized $2,760
Lot 1143		1896 Indian Head Cent. PCGS graded Proof 65 Red. A beautiful and nearly flawless example. The surfaces are satiny and free of any marks. This is a tough date to locate in gem full red. Only 8 examples are presently graded by PCGS with 4 higher. Estimated Value $1,200 - 1,600. Includes Eagle Eye Photo Seal. View details	Realized $2,645
Lot 1144		1897 Indian Head Cent. PCGS graded Proof 67 Red. This is one of the most spectacular Proof Indian Cents you'll ever see. It has ultra deep mirrors and bright frosted devices. The fields have heavy "orange peel" which gives the impression that this could be one of the first examples struck off these dies. If one were to pick the top quality coin from this collection, this would probably your choice. Estimated Value $3,500 - 4,500. Includes Eagle Eye Photo Seal. View details	Realized $12,075
Lot 1145		1898 Indian Head Cent. PCGS graded Proof 67 Red. Another unbelievable ultra-extraordinary gem proof Indian Cent. This beauty has deep, deep mirrors with orange peel fields and bright frosty devices. Only a small planchet flake above the 5th feathertip keeps this coin from perfection. Coins with this type of eye appeal are very, very rare and always in high demand. Expect spirited bidding for this one. Estimated Value $3,500 - 4,500. Includes Eagle Eye Photo Seal. View details	Realized $5,060
Lot 1146		1899 Indian Head Cent. PCGS graded Proof 65 Red. An attractive example with fairly deep mirrors. One of the more common dates in gem full red. Estimated Value $750 - 1,000. Includes Eagle Eye Photo Seal. View details	Realized $1,093
Lot 1147		1900 Indian Head Cent. PCGS graded Proof 67 Red. A superb example, one of the finest graded. Moderately deep mirrors with bright frosty devices. Essentially perfect. Estimated Value $2,500 - 3,500. Includes Eagle Eye Photo Seal. View details	Realized $6,325
Lot 1148		1901 Indian Head Cent. PCGS graded Proof 65 Red. A beautiful deep mirror example. The obverse is high end for the grade, while the reverse could qualify for a PR67RD grade. Overall, possibly too nice for the grade assigned. Estimated Value $750 - 1,000. Includes Eagle Eye Photo Seal. View details	Realized $1,150
Lot 1149		1902 Indian Head Cent. PCGS graded Proof 67 Red. Another outstanding example with deep mirrors and beautiful frosty devices. Virtually perfect. Estimated Value $2,500 - 3,500. Includes Eagle Eye Photo Seal. View details	Realized $3,680
Lot 1150		1902 Indian Head Cent. PCGS graded Proof 65 Red. Bright undiminished mint color and boldly struck. Estimated Value $500 - 750. View details	Realized $920
Lot 1151		1903 Indian Head Cent. PCGS graded Proof 67 Red. A beautiful deep mirror gem with orange peel fields. Essentially perfect. Proofs of this year were produced without any frost on the devices. The present example is known to be a very early die state due to the strength of the orange peel fields. This issue is always seen with the misplaced 0 and 3 digits in the denticles below the date. Estimated Value $2,500 - 3,500. Includes Eagle Eye Photo Seal. View details	Realized $4,830
Lot 1152		1904 Indian Head Cent. PCGS graded Proof 65 Red. A very attractive example. Virtually perfect surfaces with moderately deep mirrors. The grade seems a bit too harsh for a coin as nice as this. Perhaps it is because of the existence of fine die finishing lines in the field on both sides. These are typical for this issue and should not limit the grade. Estimated Value $750 - 1,000. Includes Eagle Eye Photo Seal. View details	Realized $978
Lot 1153		1905 Indian Head Cent. PCGS graded Proof 66 Red. A beautiful example with deep mirrors and frosty devices. Fine die finishing lines are present on the fields of both sides. Like many dates in the 1900's this is normal and is many time found on the earliest die state pieces. Estimated Value $1,250 - 1,750. Includes Eagle Eye Photo Seal. View details	Realized $2,530
Lot 1154		1906 Indian Head Cent. PCGS graded Proof 67 Red. A virtually perfect example with deep mirrors and superb frosty devices. Unlike the earlier and later dates, die finishing lines are not found on this issue. One of only 3 examples graded by PCGS. Estimated Value $3,000 - 4,000. Includes Eagle Eye Photo Seal. View details	Realized $7,188
Lot 1155		1907 Indian Head Cent. PCGS graded Proof 66 Red. An outstanding example of this very tough date. The lowest mintage date of the proof Indian Cents after 1878 with only 1,475 produced. This is a very early die state with deep mirrors with orange peel fields. With this issue when you have an early die state example, you will also find fine die finishing lines on both sides. These are typical for the issue and do not detract from the desirability of the coin or limit the grade. Die finishing lines tend to appear and disappear as the coin is turned in the light. Estimated Value $2,500 - 3,000. Includes Eagle Eye Photo Seal. View details	Realized $4,600
Lot 1156		1908 Indian Head Cent. PCGS graded Proof 67 Red. Essentially perfect with deep mirrors and frosty fields. This is a beautiful early die state example with orange peel fields. Light die finishing lines are visible on both sides, though not as heavy as seen on 1907 issues. Simply an outstanding example. Only 2 examples graded by PCGS. One of the finest known. Estimated Value $2,500 - 3,500. Includes Eagle Eye Photo Seal. View details	Realized $8,050
Lot 1157		1908-S Indian Head Cent. PCGS graded MS-65 Red. A beautiful prooflike example with a strong strike and outstanding eye appeal. This is the popular first year of issue of cents from the San Francisco Mint. Less than ten percent of the high grade 1908-S cents are found with prooflike surfaces. Estimated Value $800 - 1,200. View details	Realized $1,725
Lot 1158		1908-S Indian Head Cent. PCGS graded MS-65 Red. An excellent example with a full strike and beautiful satiny luster. A very difficult coin to find in gem full red condition. Estimated Value $800 - 1,200. View details	Realized $1,840
Lot 1159		1909 Indian Head Cent. PCGS graded Proof 65 Red. A deep mirror cameo gem. A very popular issue due to the change to the Lincoln design. Estimated Value $750 - 1,000. Includes Eagle Eye Photo Seal. View details	Realized $1,955
Lot 1160		1909-S Indian Head Cent. PCGS graded MS-66 Red. An outstanding coin with beautiful soft satiny luster and full strike. A key date of the series. This is one of the finest graded examples, with only 8 coins presently graded by PCGS with one higher. The present example has the fullest feathertips ever encountered. All 1909-S Indian cents come with the detail on the first feathertip slightly weak. In fact the only 1909-S seen with full feathertips turned out to be a Philadelphia issue with the S added fraudulently. Estimated Value $4,000 - 6,000. View details	Realized $6,038
Lot 1161		1909-S Indian Head Cent. PCGS graded MS-65 Red. An outstanding example with a superb strike. The popular low mintage issue at the end of the series. This issue is roughly five times rarer in high grade than the highly publicized 1909-S VDB Lincoln Cent, although they have a similar mintage. Estimated Value $2,000 - 3,000. Includes Eagle Eye Photo Seal. View details	Realized $2,875
Lot 1162		1856. Proof 60 plus. Flying Eagle Cent. The key date to the small cent series, this coin is both a pattern and regular issue. The fields retain their mirror reflectivity despite minor hairlines from an old cleaning. Toned with sunset hues around the edges and well struck, even on the eagle's breast. Estimated Value $7,500 - 8,500. View details	Unsold

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