1794 Flowing Hair Silver Dollar in NC Auction Saturday

Took a look at the stuff going up for auction Saturday at the Mid-West Collection Session XVI auction Saturday. I have been attending these auctions for a couple years now since I found out about them. They have some pretty nice stuff and a good mix. This auction they have a 1794 Flowing Hair Silver Dollar PCGS Genuine with full date. In the picture in the catalog it does look AU and it says it has outstanding AU details. I am real interested to see what the final hammer is on this one and add the 10% for the house.

They also have an A. Bechtler $1 gold coin, 1842-50 plain edge AU raw grade and another one that is NGC XF45 of the same date. I heard the owner saying there is one guy who bids to win every one of the Bechtlers he gets for any of his auctions.

I'll post the prices realized late Saturday after I get home.

 

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What in the world is a six figure (High six figure?) coin doing in a local auction?

Image doesn't match any of the ones I have on file, but I haven't compared it to the images in Cardinal's book yet. So I can't determine a pedigree for the coin.

 

I am definitely not buying it but I will look at it before the auction and snap a couple pics of it and post them when I get home....or during the auction, depending on what I am interested in as the time flies by. They said it's PCGS genuine so I assume it's in a PCGS slab.

 

OOps:

ditto.
I would be very wary

 

It is pictured on their website as being in a PCGS Genuine slab.

Have traced it, it's the George Walton Specimen 10th finest known. Originally from the George Hall collection in 1945 it was sold by Stacks in Oct 1963 when they disposed of the late George Walton coins after his car crash (Remember the fifth 1913 V Nickel). Last appearance I have a record of was the Heritage 2004 CSNS sale in May of 2004 Lot 7924. At the time of Cardinal's book publishing it was in a SEGS AU-58 holder. The only problem Martin Logie mentions is a very light porosity and a tiny speck of corrosion in the hair. The "pits" at the bridge of the nose and below the right wing of the eagle are as made planchet defects.

 

Good work Conder. This will be an interesting item during the auction. I still hope to get pics of it tomorrow. I have seen some coins go pretty high at his auctions but never topped 100k. I wonder where he got it. He usually mentions the provenance in the listing.

 

Does anyone have a link to the auction website?

 

Ok. Here are the pics I took of the coin. It was pretty cool getting to hold such a rare coin.

 

Go to auctionzip.com and look for Menane auction. Can't miss it.

 

It's interesting that the PCGS cert number shows up as invalid even though it has not been newly certified. It also looks a bit different, in terms of dirt and gunk, than the Heritage images suggest.

 

Thats mighty interesting, suggesting a fake slipped through?

Also to note on the heritage coin, did it have the vicious mark on the bridge of the nose and under the wing?

 

See post #6. Conder explains the issues you described. Seems they're planchet flaws.

 

What was the hammer price?

 

136,000 for the 1794. 2300 each for the gold coins.

 

Thanks for the tip, but when I tried that nothing came up. even googling Menane auction turned up nothing.

 

That's because it was supposed to be Mebane

 

Yes, that was my fault typing on my iPad mini and watching the auction at the same time AND that dratted auto correct feature that I hate so much!!! But check back in around the end of Jan for another auction in late February in Mebane.

 

OK, thanks, no worries!

 

Here's a link to the 2004 Heritage auction pics and description
http://coins.ha.com/itm/early-dolla...-cleaned-b-1-bb-1-the-insert-for/a/346-7928.s