Christmas In August Sale - Starts in


 

Gerry Fortin Rare Coins

Presents

The Saw Mill Run Collection "CAC Duplicates" Auction Sale

E-Bid Online Auction Catalog

 

Saw Mill Run Collection "CAC Duplicates" Auction Sale

Greetings and welcome to the second GFRC auction sale. After conducting a successful debut sale of the Seal Beach Collection "Crowned Jewels", Gerry Fortin Rare Coins promptly returns with the "CAC Duplicates" from the Saw Mill Run Collection. Greg Johnson, aka The Saw Mill Run consignor, played an instrumental role during the GFRC business start-up during 2014. Greg provided early Liberty Seated quarter stocking inventory along with a host of pertinent business advice for building a differentiation dealer approach towards the traditional buying and selling of Liberty Seated coinage. The Saw Mill Run consignor has been a long term friend and client. We even share the same birthday!

Liberty Seated quarter die variety research remains an open field with the consignor continuing his pursuits regardless of a hectic professional career. I could not be more pleased that Greg found time to review his holdings and identify a noteworthy "duplicates" lot for the second of many upcoming GFRC E-Bid Auctions.

 

The Saw Mill Run Collection "CAC Duplicates" Auction Sale is Closed

 

Auction Sale Schedule

Bidding Opens July 27th 7:00 PM EST

Bidding Closes August 1st 7:00 PM EST

 

Bidding Instructions

Existing GFRC clients can submit bids via email up to August 1 7:00 PM EST. Submitted bids will be posted on an ongoing basis from July 27th through August 1. During the evening of August 1, I will be actively updating this auction sale board with bids, upon receipt between 6:00 - 7:00 PM, to capture bids from those who prefer to bid immediately prior to the auction closing time. Email receipt time stamps will dictate the order of bidding. The accuracy of the auction sale board cannot be guaranteed 15 minutes prior to the sale closing time due to the manual nature of the updates. Please direct inquiries to GFRCbid@hotmail.com if there are questions concerning the posted Sale Terms and Conditions.

 

Sale Terms & Conditions

GFRC auction sale Terms and Conditions are available by clicking here or the Terms and Conditions banner located at the top of the Daily Blog page starting on Sunday evening.

 

Saw Mill Run Collection "CAC Duplicates" Auction Sale

Introduction by Len Augsburger

Welcome to the second GFRC E-Bid Auction Sale, featuring Seated quarter duplicates from the Saw Mill collection. This offering consists of nearly all CAC-certified pieces, including many semi-key dates, with a number in the San Francisco series. The CAC populations of most of these coins are exceptionally low, with quite a few represented by less than 20 examples in the CAC census. More so, a number are visually stunning pieces that would otherwise qualify for GFRC’s JUST BUY IT NOW status, were they to be presented in a fixed price format. The highly coveted JUST BUY IT NOW (JBIN) attribution is assigned to the top 2%-3% of the entire GFRC inventory, and represents only the best CAC-approved pieces with outstanding eye appeal.

The Saw Mill consignor is a longtime veteran quarter collector with a scientific background, who has clearly applied his professional qualifications to numismatics and is especially well-known for his knowledge of Seated quarter varieties. He collects widely, including Central and South American numismatics, where he notes that significant examples can be acquired for a fraction of the price of their U.S. counterparts. We look forward to watching his collection continuing to grow and evolve. Meanwhile, as this sale include only duplicates, we can hardly imagine what the frontline pieces look like!

 

Lot 1 - 1841 Briggs 1-A PCGS MS62 CAC - Liberty Seated 25c

Number of Bids: 3               High Bid: $3000

1841 Briggs 1-A PCGS MS62 CAC - Near-Gem Original - Sharp, frosty luster with active cartwheels booms from both sides of this better-date Philadelphia piece. Obverse surfaces are even silver with gray at the high points, while the reverse reveals hints of gold and champagne. The strike is deeply impressed with crisp stars and only a touch of softness southwest of the reverse shield. Briggs 1-A, with an upward sloping date and clearly visible doubling in STATES OF. From a small mintage to begin with, 120,000 pieces, CAC has approved only 23 coin in all grades with seven finer examples. Housed in a PCGS Gen 4.6 (2013-2014) holder. PCGS #27434684

 

Lot 2 - 1841-O Briggs 3-D PCGS EF45 CAC - Liberty Seated 25c

Number of Bids: 5              High Bid: $600

1841-O Briggs 3-D PCGS EF45 CAC - Choice Original - A medium skin of gold and deep olive overlays the residual, frosty luster of this early New Orleans quarter. Briggs 3-D, with a recut 1 in the date and high mintmark. This is a better variety for the issue, as most seen are 2-C pieces from the New Orleans hoard uncovered in 1982. Well-struck with most stars sharp, while some of the claw joints are blending. CAC has certified 28 pieces total for the issue, a fraction of what one finds for so-called rarities such as the 1901-S quarter, with five times as many certified examples. Housed in a PCGS Gen 6.0 Gold Shield holder. PCGS #38189217.

 

Lot 3 - 1842 Briggs 1-A PCGS VF35 CAC - Liberty Seated 25c

Number of Bids: 4               High Bid: $650

1842 Briggs 1-A PCGS VF35 CAC - Choice Original - The rarity of the present coin is overlooked, with only 88,000 pieces struck, and with CAC certification the situation is even more challenging - indeed, CAC has approved only 13 examples of this date, one of the lowest totals in the Seated quarter series. This piece is richly toned with deep slate and gold fields, offset by silver color on the high points of the central figures, while the fields are partially reflective under a light source. The strike is typical with some softness in the stars, while the feather detail is stronger. Briggs 1-A with an evenly punched date. A rare opportunity at this price point. Housed in a PCGS Gen 6.0 Gold Shield holder. PCGS #38189218.

 

Lot 4 - 1846 Briggs 1-B PCGS EF45 CAC - Liberty Seated 25c

Number of Bids: 0               Reserve/High Bid: $400

1846 Briggs 1-B PCGS EF45 CAC - Near-Gem Original - The early Philadelphia pieces are sometimes ignored in the Seated quarter series, as one gets overwhelmed by the many challenging Branch Mint issues. The CAC population of the 1846 quarter is 39 coins, and finding even a single example at a large coin show would not be a sure thing. This deeply toned piece retains reflective luster in the protected areas, particularly around the stars and reverse legend. Field are even, deep gray, with lighter shades at the high points. The strike is typical, with some blending of the detail below the reverse shield. Briggs 1-B, with the date punched high and sloping downward. Housed in a PCGS Gen 4.5 (2011-2013) holder. PCGS #24893527.


Lot 5 - 1847 Briggs 2-A DDR PCGS VF20 CAC - Liberty Seated 25c

Number of Bids: 5              High Bid: $300

1847 Briggs 2-A DDR PCGS VF20 CAC - Choice Original - While not listed in the Guide Book, the 1847 doubled die reverse is a popular variety sought by cherrypickers and Seated quarter enthusiasts alike. Doubling is prominently apparent around QUAR. DOL. on the reverse, and can be seen even on lower grade examples. This piece exhibits coin-grey shading, lighter at the high points, with no distracting spots. Strike is typical, with a few stars exhibiting some inner detail. Housed in a PCGS Gen 5.0 Dupont hologram holder with CAC approval. CAC population is 36 pieces. The PCGS label captures the attributions as "RPD & DDR FS-801 (FS-002)." PCGS #29387340.

 

Lot 6 - 1847 J-105 PCGS AU50 CAC - Liberty Seated 25c

Number of Bids: 1               High Bid: $550

1847 J-105 PCGS AU50 CAC - Choice Original - Yet another low-population, CAC-approved piece from the Saw Mill consignment, the 1847 quarter is represented by just 36 examples in the CAC census. The Briggs reference notes that it does not detail all the known 1847 quarter varieties, and Greg Johnson took up the challenge in Gobrecht Journal #132, listing eight obverse dies, seven reverses, and ten die marriages. The present coin, J-105, features a high date and compass point reverse. Obverse protected areas are deeply toned, contrasting with medium fields, while the reverse is lighter with mottled shades of grey. Residual luster is frosty and especially apparent around the reverse legend. Housed in a PCGS Gen 4.6 (2013-2014) holder.PCGS #27231266.

 

Lot 7 - 1847 J-103 PCGS AU50 CAC - Liberty Seated 25c

Number of Bids: 1               High Bid: $450

1847 J-103 PCGS AU50 CAC - Choice Original - The 1847 Seated quarter varieties were detailed by Greg Johnson in Gobrecht Journal #132 (Summer 2018), and this is a J-103, with obverse die scratch at the elbow and compass point reverse. Olive and silver shades predominate, contrasting with obverse rub on the high points of Liberty. Strike is typical with right stars soft and flatness in the eagle. The remaining luster is steely, peeking out around the obverse stars. The CAC population is 36 examples. Housed in a PCGS Gen 4.4 (2011-2013) holder. PCGS #27548969.

 

Lot 8 - 1849 Briggs 2-A PCGS EF45 CAC - Liberty Seated 25c

Number of Bids: 7              High Bid: $500

1849 Briggs 2-A PCGS EF45 CAC - Choice Original - This is a lightly toned, original piece with exceptional eye appeal. Silver and rose shades nicely intermix, offset by darker hues in the protected areas. The strike is strong, with delineated stars and exceptional feather detail in the eagle. Hairline-free fields admit only scattered ticks and the overall effect is wholesome. Briggs 2-A, with the prominent centering dot in the shield of the compass point reverse. CAC has certified only 28 pieces. Housed in a PCGS Gen 4.5 (2011-2013) holder. PCGS #26233176.

 

Lot 9 - 1850-O Briggs 2-C PCGS EF45 CAC - Liberty Seated 25c

Number of Bids: 0               Reserve/High Bid: $950

1850-O Briggs 2-C PCGS EF45 CAC - Choice Original - Lightly mirrored fields reveal gold and grey shading on this better-date New Orleans quarter. The strike is typical for the 1850-O, with flat stars and eagle feathers blending together. Briggs 2-C, with the date sloping downward, while the mintmark is high and punched left of center. Although the detail is not sharp, the originality factor is high, with unmolested surfaces and only normal circulation wear at the high points. CAC has certified just 31 pieces. Housed in a PCGS Gen 4.4 (2005-2011) holder. PCGS #13363335.

 

Lot 10 - 1851 Briggs 1-A PCGS EF45 CAC - Liberty Seated 25c

Number of Bids: 0              Reserve/High Bid: $1100

1851 Briggs 1-A PCGS EF45 CAC - Choice Original - This is a better date in the Seated quarter series, as many pre-1853 quarters found their way into the melting pot when their worth as bullion exceeded their face value. This is a delightful example, with medium grey surfaces neatly contrasting with darker shades in the protected areas. Silver and powder blue grace the high points, and the eye appeal is enticing. CAC-approved, of course, as are nearly all pieces in the Saw Mill Run consignment. CAC has approved only 26 pieces total, and the challenge of finding an equally pleasing 1851 quarter is hard to overstate. Housed in a PCGS Gen 6.0 Gold Shield holder. PCGS #32849180.

 

Lot 11 - 1853 No Arrows PCGS VF30 CAC - Liberty Seated 25c

Number of Bids: 0               Reserve/High Bid: $3250

1853 No Arrows PCGS VF30 CAC - Choice Original - The 1853 No Arrows quarter was minted for only a short time prior to the Coinage Act of 1853. The exact mintage of this variety is unknown, but clearly on the low side with less than a hundred examples certified by PCGS in all grades, and only 20 pieces approved by CAC. This pleasing example is deeply and evenly toned with dark grey on both sides while the central figures are a somewhat lighter. Strike is typical, with soft stars and some eagle feathers joining together. The surfaces are original, with no marks of note. This is a key date in the Philadelphia Seated quarter series, sharing honors with the 1866 issue, and, to a lesser extent, some of the late-date 1880s pieces. Housed in a PCGS Gen 4.4 (2005-2011) holder with CAC approval. Previously from the Chicago collection. PCGS #13535700.

 

Lot 12 - 1853-O A&R Briggs 3-E PCGS EF40 CAC - Liberty Seated 25c

Number of Bids: 16               High Bid: $1500

1853-O A&R Briggs 3-E PCGS EF40 CAC - Gem Original - This coin last appeared at GFRC in March 2020, where it was catalogued as JUST BUY IT NOW and immediately received half a dozen FRoR requests. The piece speaks for itself, a two-toned circulated cameo gem exhibiting vivid contrast between deep slate surfaces and silver central devices. The Arrows & Ray design enhances the visual "pop," as the silver rays are outlined by the jet black fields. The eye appeal is off the charts, and the images are truly worth the best thousand words of this cataloger. CAC has approved 38 pieces, but it's hard to imagine that many exceed the eye appeal of this example. A liberal bid will be required to secure this piece, and it is unlikely the original sales price ($625) will prevail. Housed in a PCGS Gen 4.4 (2005-2011) holder. PCGS #08554398.

 

Lot 13 - 1854-O Briggs 1-C PCGS AU55 CAC - Liberty Seated 25c

Number of Bids: 2               High Bid: $950

1854-O Briggs 1-C PCGS AU55 CAC - Gem Original - This piece would easily qualify for JUST BUY IT NOW as a GFRC fixed-price offering. Where to begin? The hammered strikes brings up exquisite detail in the eagle and is a superb representation of the original die, unusual for an issue that often comes poorly struck. Mottled shades of gray, evergreen, and olive cover exceptionally frosty surfaces, contrasting with mostly brilliant central devices. Original fields reveal only scattered ticks, and the eye appeal is strong. CAC has approved only 26 pieces. Housed in a PCGS Gen 4.5 (2011-2013) holder. PCGS #26233178.

 

Lot 14 - 1855-S Briggs 2-C PCGS AU50 - Liberty Seated 25c

Number of Bids: 1               High Bid: $1650

1855-S Briggs 2-C PCGS AU50 - Choice Original - The 1855-S is overlooked in favor of later San Francisco issues, but is nonetheless a challenging issue. This is a perfect coin for the grade, evenly toned with shades of grey in the protected areas, lighter fields, and cream-colored central figures. The only mark of note is a defect on star 7 that blends with the surrounding area. The rarity of an 1855-S quarter with this level of quality is remarkable - indeed, CAC has certified a mere 14 pieces in all grades combined. Briggs noticed this as well, stating that most pieces have issues of one sort or another, and that any problem-free example is worth a premium over the published price guides. Housed in a PCGS Gen 4.4 (2005-2011) holder. PCGS #21195789.

 

Lot 15 - 1855-S Briggs 2-C PCGS VF20 CAC - Liberty Seated 25c

Number of Bids: 0               Reserve/High Bid: $850

1855-S Briggs 2-C PCGS VF20 CAC - Choice Original - The 1855-S is overlooked in favor of later San Francisco issues, but is nonetheless a challenging issue. This is a perfect coin for the grade, evenly toned with shades of grey in the protected areas, lighter fields, and cream-colored central figures. The only mark of note is a defect on star 7 that blends with the surrounding area. The rarity of an 1855-S quarter with this level of quality is remarkable - indeed, CAC has certified a mere 14 pieces in all grades combined. Briggs noticed this as well, stating that most pieces have issues of one sort or another, and that any problem-free example is worth a premium over the published price guides. Housed in a PCGS Gen 4.4 (2005-2011) holder with CAC approval. PCGS #10727022.

 

Lot 16 - 1857-S Briggs 1-B PCGS EF40 CAC - Liberty Seated 25c

Number of Bids: 11               High Bid: $2750

1857-S Briggs 1-B PCGS EF40 CAC - Near-Gem Original - Plum and silver shades cover both sides of this low-mintage piece, with a few deeper gray highlights outlining the eagle. Lighter color marks the high points of the figure of Liberty, which is surrounded by evenly toned, original fields, and the eye appeal is outstanding. The level of quality is remarkable elusive, as CAC has approved just 24 pieces from the original issue of 82,000 coins. This is a well struck example, with ample star detail and most of the eagle feathers near-distinct. Briggs 1-B, with date punched high in the field and mintmark just left of center. Housed in a PCGS Gen 4.4 (2005-2011) Gold Shield holder with CAC approval. PCGS #19585857.

 

Lot 17 - 1862 PCGS AU55 CAC - Liberty Seated 25c

Number of Bids: 3               High Bid: $350

1862 PCGS AU55 CAC - Choice Original - Thick skin reveals shades of rose, silver, and olive that envelop both sides of this Civil War-dated piece. Protected areas around the stars admit occasionally deeper color. The piece is nicely struck, with all star centers present and near-complete feather detail. As is typical with many Seated quarters, the CAC population is low, just 44 pieces. Although not an expensive coin, the originality of this piece is exceptional for the issue. This variety appears to be unlisted in Briggs, with obverse 2 (upward sloping date) and reverse C (QUAR recut). Housed in a PCGS Gen 4.6 (2013-2014) holder with CAC approval. PCGS #28397073.

 

Lot 18 - 1862-S Briggs 1-A PCGS VF35 CAC - Liberty Seated 25c

Number of Bids: 1               High Bid: $1100

1862-S Briggs 1-A PCGS VF35 CAC - Choice Original - Gray and olive surfaces blanket both sides of the San Francisco quarter, with crusty highlights in the obverse stars and reverse shield. Briggs notes that 1862-S quarter often come with problems of one sort or another, which is pleasantly not the case here. Fields are smooth for the grade and more importantly reveal no hints of past conservation attempts. The strike is typical, with soft stars and indistinct feather detail. Briggs 1-A, with concave eagle's eye. CAC has approved only 29 pieces in all grades combined. Housed in PCGS Gen 4.6 (2013-2014) holder with CAC approval. PCGS #28663973.

 

Lot 19 - 1866 Motto Briggs 1-A PCGS VF25 CAC - Liberty Seated 25c

Number of Bids: 1               High Bid: $1650

1866 Motto Briggs 1-A PCGS VF25 CAC - Near-Gem Original - A key-date in the Philadelphia Seated quarter series, the 1866 was struck to the extent of just 16,800 pieces. This is a pleasing collector-grade example, with coin-grey fields offset by lighter central figures. Darker shades outline the obverse stars and eagle, especially in the lower right portion of the reverse. Fields are exceptionally smooth for the grade, and the overall eye appeal is strong. The eagle's shield is characteristically flat, as the Mint encountered striking issues in both 1866 and 1867. CAC has approved a mere 22 pieces in all grades combined. Housed in a PCGS Gen 6.0 Gold Shield holder with CAC approval. PCGS #38189182.

 

Lot 20 - 1869-S Briggs 1-A PCGS VF25 CAC - Liberty Seated 25c

Number of Bids: 0               Reserve/High Bid: $950

1869-S Briggs 1-A PCGS VF25 CAC - Choice Original - The difficulty of acquiring nice example of certain Branch Mint issues in the Seated quarter series is well-known, and the CAC population of the 1869-S quarter - just 13 pieces - underscores the challenging nature of the task. Thick, crusty gray-brown patina cover both sides of this low-mintage issue, with light dirt in the protected areas, and the originality factor is strong. As Briggs notes, the lower portion of the reverse tended to wear quickly, with the mintmark and QUAR. DOL. prone to fade, as seen here. Briggs 1-A, with the characteristic circular die crack just starting to develop. Housed in a PCGS Gen 4.6 (2013-2014) holder. PCGS #28195490.

 

Lot 21 - 1871-CC Briggs 1-A PCGS VG08 OGH - Liberty Seated 25c

Number of Bids: 0               Reserve/High Bid: $13,000

1871-CC Briggs 1-A PCGS VG08 OGH - Original - While the 1870-CC and 1873-CC pieces are competitive in terms of rarity, the 1871-CC has an edge in terms of availability, and examples come to market less frequently than those of the other Carson City rarities. Any market appearance of an 1871-CC is noteworthy, and even problem coins are highly coveted. This piece exhibits most of the design details, starting with full rims and including the majority of the motto lettering, with several letters of LIBERTY barely visible. Shading is gray with russet, gold, and sea-green at the rims. A number of hairlines crisscross the figure of Liberty, consistent with the grade, along with a few surface marks on both sides. Still, this is superior to most survivors at the same technical grade level, for an issue which tends to come with a lot of problems. The keyword is rarity, and this is arguably the toughest coin in the series. The PCGS population is an ultra-low 53 pieces in all grades combined. Housed in a PCGS Gen 3.1 (1993-1998) old green holder. Ex. Sunset Point Collection. PCGS #1468448.

 

Lot 22 - 1872 Briggs 1-A PCGS VF30 CAC - Liberty Seated 25c

Number of Bids: 6               High Bid: $550

1872 Briggs 1-A PCGS VF30 CAC - Choice Original - The 1872 quarter might appear as a "type coin" when judging by the pricing profile, but these numbers are deceiving when quality is considered. CAC has approved a mere 12 pieces in all grades combined, illuminating the situation more clearly. This example exhibits a thick, even skin of deep blue and gold, with lighter shades marking the high points. There are no marks of note and the originality is readily apparent. The strike is typical, with soft stars and some eagle feathers blending together. Briggs 1-A, with downward sloping date. Housed in a PCGS Gen 4.5 (2011-2013) holder with CAC approval. PCGS #26639631.

 

Lot 23 - 1873 No Arrows, Open 3 Briggs 1-A PCGS EF45 CAC - Liberty Seated 25c

Number of Bids: 2               High Bid: $600

1873 No Arrows, Open 3 Briggs 1-A PCGS EF45 CAC - Choice Original - This is a striking, choice example with circulated cameo appearance. Midnight blue fields contrast with lighter devices, while central figures host russet tones in the recessed areas. Fields are remarkably smooth for the grade, and the eye appeal is exceptional. Indeed, this would be listed as JUST BUY IT NOW in a GFRC fixed-price offering. The CAC population is a low 18 pieces in all grades combined, and it is hard to imagine a nicer selection for a circulated set of Seated quarters. Housed in a PCGS Gen 4.4 (2005-2011) holder with CAC approval. PCGS #16632123.

 

Lot 24 - 1873 No Arrows, Closed 3, Briggs 2-B PCGS VF30 CAC - Liberty Seated 25c

Number of Bids: 0               Reserve/High Bid: $3000

1873 No Arrows, Closed 3, Briggs 2-B PCGS VF30 CAC - Choice Original - The close 3 is a distinct variety, listed in the Guide Book and easily visible to the naked eye. Medium shades of gold, gray, and rose cover both sides of this example, with occasional dirt especially evident in the reverse shield. Surfaces are original and hairline-free, and the overall effect is pleasing. CAC has approved but 12 examples in all grades combined - one of the lowest totals in the Seated quarter series. Indeed, the number of CAC-approved 1870-CC pieces is two coins higher. Strike is typical with soft stars and detail beneath the reverse shield melding together. Housed in a PCGS Gen 4.4 (2005-2011) holder with CAC approval. Note, the holder exhibits scuffs in the central portions of both sides. PCGS #24826955.

 

Lot 25 - 1840(O) Rev 1838 WB-4 PCGS VF30 CAC - Liberty Seated 50c

Number of Bids: 0               Reserve/High Bid: $1350

1840(O) Rev 1838 WB-4 PCGS VF30 CAC - Choice Original - Here is a coin to win a bar bet in a numismatically-minded drinking establishment. While ostensibly struck in Philadelphia, with no mintmark, the expert analysis of Bill Bugert and Randy Wiley has demonstrated that this issue actually originated in New Orleans. The coin pairs the 1840-O obverse die 2 with a Bust half reverse die, for which the mintmark appeared on the obverse. Toned in pleasing shades of deep blue, gray, and rose, this example is mark-free for the grade and exhibits superior eye appeal. CAC has approved 26 pieces in all grades combined. Housed in a PCGS Gen 4.4 (2005-2011) holder, with holder tag "1840(O) and Reverse of 1838." PCGS #16181728.