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Gerry Fortin Rare Coins

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The Seal Beach Collection "Crowned Jewels" Auction Sale

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Auction Has Closed!

 

Seal Beach Collection "Crowned Jewels" Auction Sale

Greetings and welcome to the debut GFRC auction sale. How fitting that Gerry Fortin Rare Coins launches it auction services with the "Crowned Jewels" from the Seal Beach Collection. The Seal Beach consignor has been a long term client and friend. That relationship culminated with his April 2020 Liberty Seated half dollar collection sale. During that sale, Seal Beach held back seven AU58/AU58+ CAC approved Seated halves that were to remarkable to part with. After several months of enjoying these final pieces, they are now available to the GFRC community via this debut auction.

Auction Sale Schedule

Bidding Opens July 10th 12:00 noon

Bidding Closes July 17th 12:00 noon

Bidding Instructions

Existing GFRC clients can submit bids via email up to July 17th 12:00 noon. Submitted bids will be posted on an ongoing basis from July 10th to 17th. On the morning of July 17th, I will be actively updating this auction sale board with bids, upon receipt between 11:00 - 12:00 am 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 questions to GFRCbids@hotmail.com after the Sale Terms and Conditions are posted.

Sale Terms & Conditions

GFRC auction sale Terms and Conditions will be posted via a special link here. Please check back by Wednesday end of day to view the T & Cs as they are still being written.

 

Seal Beach Auction Sale Introduction by Len Augsburger

Welcome to the first GFRC auction sale. It is hard to imagine a better group of pieces to kick off the festivities. The Seal Beach “crowned jewels” consist of a dozen CAC-approved pieces, three at the highly-coveted gold level. The silver pieces feature some spectacular toners, while the gold coins include a range of original circulated pieces and a pair of near-gem uncirculated Indian $2.50s. While many of us tend to make purchases when we feel we have a few extra dollars to allocate to the hobby, let me suggest that it is better to let purchases be dictated by when the best coins are available, not necessarily by when you are best prepared to acquire them. Stretching for the right coins, when they infrequently appear, will be more rewarding in the long run.

The Seal Beach Seated half dollars sold quickly when offered a few months ago, and the current consignment includes pieces which the consignor couldn’t quite let go of the first time around. A quick glance at the images will readily explain the collector’s reluctance. Whether you are looking to further your Seated half dollar set, or looking for a type coin in the gold series, these coins will be tempting. Read the descriptions, study the images, check price guides and population reports, and plot your bidding strategy. Understand that these pieces will sell at strong premiums, as the best coins do. Nevertheless, today’s “strong price” is often tomorrow’s bargain, and aggressive bidding can be well-rewarded in the future.

Congrats to the Seal Beach consignor on the sale of a well-formed collection, and congrats to the new owners who will no doubt appreciate these coins as much as the consignor.

 

The Seal Beach Collection "Crowned Jewels" Auction Sale

Lot 1 - 1844 WB-3 PCGS AU58 CAC - Liberty Seated 50c

Number of Bids: 6               High Bid: $1400

1844 WB-3 R4 PCGS AU58 CAC - Gem Original - This original piece has "the look" - light centers framed by iridescent rims. Central figures are antique silver with gray at the high points, giving way to aqua rings on both sides that are highlighted by occasional plum and rust shades. The eye appeal is compelling, and this coin will attract "strong money." This piece is sharply struck with exceptional detail beneath the reverse shield, the usual problem point for Seated half dollars. A few marks, consistent with the grade, are distributed in the right obverse field. WB-3, with overlapping 8s in the dentils below (1)8(44), and deep clashing in the reverse shield. Housed in a PCGS Gen 6.0 holder with CAC approval. PCGS #34406491

 

Lot 2 - 1849-O WB-8 R3 PCGS AU58 CAC - Liberty Seated 50c

Number of Bids: 3               High Bid: $2500

1849-O WB-8 R3 PCGS AU58 CAC - Gem Original - Another wonder coin from the Seal Beach collection, and it's easy to see why the consignor had trouble letting this piece go. The obverse reveals a golden center encircled by sea-green, while a cornucopia of electric blue dominates the reverse. The eye appeal is stunning, and the competition for this piece will be fierce. WB-8 with a die gouge at Liberty's left hand, and a mintmark placed high and to the right, but not touching the stem. The strike is typical, with stars to the right a touch soft. Coin collections are best built not when funds are available, but when coins are available. This is a such a situation, and a coin worth reaching for. Housed in a PCGS Gen 6.0 holder with CAC approval. PCGS #25604078.

 

Lot 3 - 1853 A&R PCGS AU58+ CAC - Liberty Seated 50c

Number of Bids: 4               High Bid: $2050

1853 A & R PCGS AU58+ CAC - Gem Original - The 1853 Arrows & Rays half is a favorite one-year type coin, with the reverse rays highlighting the ferocity of the eagle. This is a hammered example in a year when quantity was more important than quality. Stars are sharp and the eagle claw joints are completely delineated. The obverse is brilliant with light crust in the recessed areas, while reverse is more colorful with mottled plum and hints of tan. With just a touch of wear at the high points, AU-58 pieces are ideal, well-detailed yet priced at a fraction of MS examples. Housed in a PCGS Gen 6.0 holder with CAC approval. PCGS #32598105.

 

Lot 4 - 1854 Arrows PCGS AU58+ CAC - Liberty Seated 50c

Number of Bids: 5               High Bid: $800

1854 Arrows PCGS AU58+ CAC - Gem Original - Another CAC-approved beauty from the Seal Beach collection, this piece reveals mottled, iridescent shading on the obverse, which is largely brilliant in the center, while the reverse has a neat two-tone appearance with silver in the recessed areas and deeper shades at the high points. Apart from a couple stars to the right, the strike is deeply impressed, with extra-sharp detail in the eagle. A few obverse marks are hidden in the gown folds, while the fields are smooth for the grade, original and hairline-free. Housed in a PCGS Gen 6.0 holder with CAC approval. PCGS #34522451.


Lot 5 - 1861 PCGS AU58 OGH CAC - Liberty Seated 50c

Number of Bids: 3              High Bid: $850

1861 PCGS AU58 OGH CAC - Gem Original - Toner specialists will appreciate this richly shaded Seated half. While the skin is thick, the coin is by no means dark, with lighter shades of aqua, russet, and tan mixed throughout. Obverse and reverse shields host light crust. The strike is sharp, apart from a bit of softness in the head and to the southwest of the reverse shield. One can't have enough of coins like this, a highly original piece with only the slightest indications of wear at the high points. Housed in a PCGS Gen 3.1 (1993-1998) old green holder with CAC approval. PCGS #4779236.

 

Lot 6 - 1875-S PCGS AU58+ CAC - Liberty Seated 50c

Number of Bids: 4               High Bid: $650

1875-S PCGS AU58+ CAC - Near-Gem Original - Light skin and antique surfaces attest to the originality of this Seated half. Surfaces are predominantly silver with obverse grey streaks, while the reverse is more richly toned with shades of emerald and tan. The originality is exceptionally strong, with unmolested, hairline-free fields attesting to a superior degree of preservation. Strike is typical, with some flat stars and the eagle claw detail blending together. This is expected for the issue, with 1875-S quarters similarly exhibiting weaker strikes. Housed in a PCGS Gen 6.0 holder with CAC approval. PCGS #81641369.

 

Lot 7 - 1881 PCGS MS63 CAC OGH - Liberty Seated 50c

Number of Bids: 2               High Bid: $2750

1881 PCGS MS63 CAC OGH - Gem Original - Superlatives become overused quickly when describing Seal Beach pieces, but, as the old adage states, it ain't lyin' if its true. This example well attests to the truth, which in this case is the strong contrast between a brilliant, needle-sharp Liberty and the colorful obverse fields. The reverse is well-struck but not quite as hammered, with rich blue-green field toning offsetting the deep golden eagle. The eye appeal is strong, and this low-mintage Seated half will attract considerable competition. Housed in PCGS Gen 3.1 (1993-1998) old green holder with CAC approval. PCGS #1487307.

 

Lot 8 - 1928 PCGS MS64 CAC OGH - United States $2.5 Gold

Number of Bids: 0               Reserve/High Bid: $800

1928 PCGS MS64 CAC OGH - Gem Original - CAC-approved, PCGS gold is red hot in the current environment, and this piece will attract enthusiastic bidding. Rose-gold blankets both sides of this near-gem uncirculated quarter eagle, with only a few marks surrounding the eagle's head. As with all Indian $2.50s, this piece from the second-to-last year of issue was struck with a mintage of less than a million pieces. An ideal piece for a U.S. gold type set. Housed in a PCGS Gen 3.1 (1993-1998) old green holder with CAC approval. PCGS #4553310.

 

Lot 9 - 1929 PCGS MS64 CAC OGH - United States $2.5 Gold

Number of Bids: 0               Reserve/High Bid: $800

1929 PCGS MS64 CAC OGH - Near-Gem Original - Indian quarter eagles are eminently collectible, and all issues apart from the 1911-D can be acquired at reasonable prices. Pieces graded MS64 represent an ideal collector grade, as values advance rapidly at the MS65 level. CAC-approved MS64s are even better, aesthetically as close as possible to the MS65 grade, but without the hefty price tag. This piece is orange-gold, with a few scattered marks in the right reverse field as normal. The lowest points of the incused central figures, more golden, contrast with orange at the higher points, and the overall appeal is wholesome. Housed in a PCGS Gen 3.1 (1993-1998) old green holder with CAC approval. PCGS #4265388.

 

Lot 10 - 1888 PCGS AU55 Gold CAC OGH - United States $3 Gold

Number of Bids: 4               High Bid: $2750

1888 PCGS AU55 Gold CAC OGH - Gem Original - The three-dollar gold piece is an odd-duck in the American series, but there is no denying the appeal of a well-preserved, low-mintage gold coin. Intense, fiery orange-gold shades contrast with the more brilliant rims and protected areas, and the eye appeal is visceral. A few ticks are consistent with the technical grade. CAC has awarded gold stickers to only two 1888 $3s, this piece, and another at the MS62 level. If looking for a single example to illustrate the three-dollar design in a type set, this is the coin. In forming a bid, remember that gold CAC status indicates that CAC considers this example equal to an AU58, CAC-approved piece. Housed in a PCGS Gen 3.1 (1993-1998) old green holder with gold CAC approval. PCGS #2540754.

 

Lot 11 - 1852 PCGS AU50 Gold CAC OGH - United States $5 Gold

Number of Bids: 0               Reserve/High Bid: $1200

1852 PCGS AU50 Gold CAC OGH - Gem Original - Gold CAC status is highly coveted, indicating CAC's highest level of approval. Indeed, only two 1852 half eagles have been awarded the gold sticker, both at the AU50 level. Slab collecting is its own specialty, and while GFRC encourages clients to buy the coin and not the holder, there is no question that a gold CAC premium exists in the marketplace. The winning bid will determine exactly what that premium is, but regardless, bidders will do well to remember that this is a special coin with special status. The originality factor is especially high with this piece, with green-gold, hairline-free fields contrasting with original Mint-bloom in the recessed areas. Gold is soft and tick-prone, but this piece reveals reverse fields that are remarkably smooth. Housed in a PCGS Gen 3.1 (1993-1998) old green holder with gold CAC approval. PCGS #2577149.

 

Lot 12 - 1874 PCGS AU55 Gold CAC OGH - United States $10 Gold

Number of Bids: 1               High Bid: $1600

1874 PCGS AU55 Gold CAC OGH - Gem Original - The present cataloger wishes there were some way to snatch this piece for himself, but alas, GFRC plays only with a full deck and he must compete equally with everyone else. A light skin of orange-gold blankets both sides, with more deeply shaded fields offset by remaining luster in the protected areas. Despite the low-mintage of 53,000 pieces, the price profile of the 1874 eagle is consistent with that of a type coin. CAC has approved but six pieces of this date at the gold-sticker level, all in the EF-AU range. Another remarkable offering from the Seal Beach "crowned jewels." Housed in a PCGS Gen 3.1 (1993-1998) old green holder with CAC approval. PCGS #4748902.