Stack's Minot Collection Auction Hits $5.9 Million

Stack's Minot Collection Auction Hits $5.9 Million

An example of the first variety of the first U.S. gold $10 coin sold for $402,500 in Stack's May 21-22 auction of the Minot collection, a sale that totaled about $5,939,000.

The 1795 $10, classified as Bass-Dannreuther 1 and Taraszka 1, with small eagle reverse and 13 leaves below the eagle, was graded MS-63 by Professional Coin Grading Service with Certified Acceptance Corp. sticker.

Stack's catalogers traced the eagle's pedigree to their May 1970 sale of the Gaston DiBello collection as well as a July 1983 auction.

The following comments were included in the catalog description of the coin: "The planchet quality is superb. . The hair details of Miss Liberty are above average, with most having minute details, and the stars are as nice as can be found on an eagle of this year. The eagle is very well struck. . This design is particularly attractive, was used only for a few years, and was inspired by an ancient onyx cameo. . To the preceding can be added superb eye appeal."

Second-highest realization of the sale was $120,750, bid for a bronze cast of Hermon MacNeil's approved obverse design for the 1916 Standing Liberty quarter design. It includes design elements that did not appear on the issued Standing Liberty quarter.

The cast has dimensions of about 6 by 5-5/16 inches, the design portion having a diameter of 5-1/8 inches. It weighs 358.64 grams.

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