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The wild Old West helps net a cool $53.6 million
May 01, 2014

Gold issues of the Old West helped push total prices realized at Heritage Auctions’ Central States Signature sale to $53.6 million April 23-27. There was a tie for top price honors. A Professional Coin Grading Service Proof-64 Cameo 1855 Kellogg & Co. $50 sold for $763,750. Bringing the same amount was an 1849 Pacific Company $5 graded AU-58 by PCGS.

An 1849 Mormon gold $10 in Numismatic Guaranty Corporation AU-58 generated a purchase price of $705,000 as well as national headlines, Heritage said.

The Riverboat Collection of 63 Territorial gold pieces realized $10.4 million.

“Just over half of those, 32 pieces, set new all-time auction records,” said Heritage co-founder Jim Halperin.

Contributing over $4.1 million to the total prices realized was U.S. paper money. World notes kicked in more than $2.7 million of the total.

Prices realized include a 17.5 percent buyer’s fee.

Two more lots tied when a PCGS Secure AU-55 1854-O gold $20 went for $440,625 and another piece from the same Charles G. Wright Family Collection, a Numismatic Guaranty Corporation Proof-66 Ultra Cameo 1865 gold $20, fetched the same price.

An 1893-S Morgan dollar in NGC MS-65 brought $329,000. It was part of the M.L. Moser Collection, which was the No. 1 Morgan dollar Registry Set at NGC.

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