[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

Inside
Weather
Santa Clarita CA
Clear
Clear
61°F
 
Calendar
Today in
S.C.V. History
October 19
1945 - Acton Hotel, est. 1890, burns down; arson is suspected [story]


stacksbowers013113[Stack’s Bowers] – Leading rare coin auctioneer Stack’s Bowers Galleries conducted one of the most highly anticipated events in numismatic history on Jan. 24 with the sale of the record-setting Cardinal Collection. The highlight of the evening was the $10,016,875 sale of the coveted 1794 Flowing Hair silver dollar, a superb Gem Specimen example, the finest known to exist. This set a new world-record price for any coin.

Attended by hundreds of enthusiasts, collectors, investors and dealers, and resulting in nearly $27 million in rare coins crossing the block, the auction of The Cardinal Collection and other important consignments took place as part of the Stack’s Bowers Galleries New York Americana Sale.

“To be a part of this historic occasion is nothing short of amazing,” said Chris Napolitano, president of Stack’s Bowers Galleries. “Collectors competed with great fervor and energy, resulting in outstanding overall prices realized. The price of the gem 1794 dollar went up and up into the millions, with everyone in the audience on the edge of their seats until at last there was just one bidder remaining. At $10,016,875, a world-record price for any coin had been set! The previous record was $7,590,020 for a 1933 Double Eagle, set in 2002 by our firm in partnership with Sotheby’s. While it is well known that the value of the American dollar has depreciated over the years, here is a dollar that has increased in value beyond the wildest of anyone’s dreams.”

One of the greatest American numismatic landmarks, the 1794 Flowing Hair silver dollar is the finest known example of its kind, graded Specimen-66 by the Professional Coin Grading Service (PCGS) and the Certified Acceptance Corporation (CAC), leading certifiers of a coin’s condition. A close study of its characteristics suggests that it may well be the first specimen struck of the first year of the silver dollar, and was carefully preserved for posterity.

A certified 1792 silver half disme graded MS-68 by the Numismatic Guaranty Corporation (NGC) sold for $1,145,625, a 1793 Chain AMERICA large  cent graded MS-65 BN (PCGS) (CAC) fetched a strong $998,750, and a 1794 Liberty Cap Cent with the Head of 1793 graded MS-64 BN (PCGS) (CAC) soared to $881,250 among many other notable and record prices.

“Thanks to Martin Logies, chief architect of The Cardinal Collection, we were able to bring one of the most significant collections in all of numismatics to auction,” Napolitano continued. “The event helped set a new standard of excellence in numismatics, and pays homage to the history, legacy and lore of American coin collecting.”

In addition to The Cardinal Collection, the New York Americana Sale featured other United States coins of all denominations, including many rarities and finest known examples. For a complete list of items sold and prices realized from the Stack’s Bowers Galleries New York Americana Sale, visit stacksbowers.com.

To consign U.S. coins and paper money to the Official Auction of the May 2013 ANA New Orleans National Money Show, the June 2013 Whitman Coin and Collectibles Baltimore Expo, or the Official Auction of the August 2013 ANA Chicago World’s Fair of Money, please call 800.458.4646 (West Coast) or 800.566.2580 (East Coast). To consign world coins and currency to our August 2013 Hong Kong Auction or the Official Auction of the August 2013 ANA Chicago World’s Fair of Money, please call 800.458.4646 (West Coast) or 800.566.2580 (East Coast).

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

No Comments

    Leave a Comment


    LOCAL BUSINESS LINKS
    LOCAL BUSINESS HEADLINES
    FINANCIALS OF LOCAL INTEREST
    MARKETS & METALS
    STOCKS OF LOCAL INTEREST
    Bank Santa Clarita17.50  chart +0.00%
    Biosolar, Inc.0.04  chart +0.00%
    Sierra Bancorp27.60  chart +0.95%
    Cu Bancorp (ca)36.70  chart -0.14%
    Flex Ltd. - Ordinary Shares17.66  chart +0.34%
    Mission Vly Bcp Ca14.13  chart -0.14%
    Quest Diagnostics Incorporated92.05  chart -0.14%
    Tejon Ranch Co19.24  chart +0.79%
    Us Energy Initiative0.0007  chart -12.50%
    Wesco Aircraft Holdings, Inc.9.50  chart +1.06%

    Apple Inc.159.76  chart -0.44%
    At&t Inc.35.71  chart -1.44%
    Autonation, Inc.44.63  chart -0.47%
    Best Buy Co., Inc.55.46  chart +1.48%
    Big Lots, Inc.51.59  chart +0.17%
    Barnes & Noble, Inc.7.30  chart -0.68%
    Brady Corporation38.40  chart +0.39%
    Boston Scientific Corporation29.52  chart +0.41%
    Brookfield Asset Management Inc42.97  chart +0.35%
    Cbre Group Inc Class A39.96  chart +0.76%
    Carnival Corporation67.46  chart -0.98%
    Comcast Corporation36.20  chart -0.74%
    Costco Wholesale Corporation157.55  chart -0.52%
    Curtiss-wright Corporation113.58  chart +0.04%
    Cvs Health Corporation74.10  chart +2.02%
    Cemex, S.a.b. De C.v. Sponsored8.03  chart -0.74%
    D.r. Horton, Inc.41.51  chart +0.05%
    Walt Disney Company (the)98.25  chart -0.11%
    Edison International77.85  chart +0.32%
    Hyatt Hotels Corporation Class 61.91  chart +0.34%
    Home Depot, Inc. (the)163.45  chart +0.06%
    Kb Home27.03  chart -0.52%
    Kroger Company (the)20.67  chart +0.93%
    Lennar Corporation Class A56.27  chart +0.61%
    Laboratory Corporation Of Ameri147.99  chart -1.16%
    Lowe's Companies, Inc.80.75  chart -0.44%
    Mannkind Corporation4.13  chart -13.05%
    Marriott International115.77  chart +0.63%
    Mcdonald's Corporation165.77  chart +0.22%
    Mitsubishi Ufj Financial Group,6.48  chart -0.46%
    Netflix, Inc.195.54  chart -1.98%
    Office Depot, Inc.3.70  chart -1.60%
    Rite Aid Corporation1.85  chart +2.21%
    Rexford Industrial Realty, Inc.30.16  chart -0.33%
    Regal Entertainment Group Class16.09  chart +0.37%
    Ross Stores, Inc.63.32  chart +0.13%
    Republic Services, Inc.63.03  chart +0.06%
    Starbucks Corporation55.21  chart +1.28%
    Smart & Final Stores, Inc.6.85  chart +1.48%
    Sears Holdings Corporation6.05  chart +4.49%
    Six Flags Entertainment Corpora60.36  chart +0.77%
    Sonova N173.70  chart -1.08%
    Staples, Inc.10.25  chart +0.10%
    Sunpower Corporation6.65  chart -1.77%
    Target Corporation60.03  chart -0.23%
    Time Warner Cable Inc209.56  chart -0.21%
    Ulta Beauty, Inc.198.37  chart -1.93%
    Walgreens Boots Alliance, Inc.67.74  chart +0.50%
    Waste Connections, Inc.70.51  chart +0.47%
    Whole Foods Market, Inc.41.99  chart -100.00%
    Waste Management, Inc.76.94  chart +0.13%
    Wal-mart Stores, Inc.86.22  chart +0.28%
    Woodward, Inc.80.23  chart +1.13%
    CURRENCY CONVERTER

    Latest Additions to SCVNews.com
    1945 - Acton Hotel, est. 1890, burns down; arson is suspected [story]
    The fall 2017 Star Party at College of the Canyons' Canyon Country campus on Friday, Oct. 27 will focus on the pathways to space exploration that exist for star-gazers who are captivated by the many mysteries of the universe.
    Oct. 27: Star Party at COC Canyon Country Campus
    Determined to transform the deeply troubled Los Angeles County Probation Department, the Board of Supervisors Tuesday voted unanimously to consider an independent entity that would provide guidance, oversight and accountability.
    Supes Consider Entity for Probation Reform Guidance, Oversight, Accountability
    Alexia Cina of Canyon Country was arrested Wednesday in connection with the death of a mother of six children in a head-on crash on Golden Valley Road on October 6.
    Woman Charged with Manslaughter, DUI in Death of Mother of 6
    The 22nd annual Santa Clarita Marathon is scheduled for Sunday, November 5, 2017, following the Santa Clarita Health and Fitness Expo on Saturday.
    Nov. 4-5: 22nd Annual Santa Clarita Marathon Events
    The Los Angeles Dodgers jumped to a 3-0 lead in the best of seven series following Tuesday night’s 6-1 victory over the Chicago Cubs in Game 3 of the NLCS at Wrigley Field.
    Dodgers Out to Sweep Cubs in NLCS Game 4
    The Los Angeles Sheriff's Department's 2017 Medal of Valor Awards were held Tuesday in Los Angeles, and SCV Sheriff's Station Deputy Dmitry Barkon was recognized for his bravery and heroic actions.
    SCV Sheriff’s Deputy Dmitry Barkon Earns Medal of Valor
    Now is the time for all good college-bound high school seniors to join the 'Race to Submit' applications for FAFSA and CADAA grants to help cover college expenses.
    High School Seniors: ‘Race to Submit’ is on for 2018 College Financial Aid
    Santa Clarita Valley Sheriff's Station deputies interrupted a smash-and-grab burglary on The Old Road early Friday morning, arresting one suspect and seeking two alleged accomplices still at large.
    SCV Deputies Catch Window-Smash Burglars in the Act
    Pukúu Cultural Community Services, founded in 1971 by members of the local Fernandeno-Tataviam Band of Mission Indians, will host its 13th Annual scholarship gala fundraiser, "Night with the Stars," in Sunland on Saturday, November 4 starting at 6 p.m.
    Nov. 4: Local Tribe Honors 3, Celebrates Native American Heritage Month
    California's Attorney General today filed a motion to compel the federal government to follow the law and pay the subsidies that millions of Americans rely on to lower the out-of-pocket costs in their insurance plans.
    California AG Fights to Keep ACA Cost-Sharing Subsidies
    Santa Clarita business owners are encouraged to take the city's broadband feasibility study online survey and participate in the next phase of the study -- in-person focus groups scheduled for October 30.
    Oct. 30: Focus Groups in Next Phase of City Broadband Study
    The $17 billion "California WaterFix" project reached a tipping point Tuesday after a Silicon Valley water district voted against Gov. Jerry Brown’s approach in favor of a less expensive, scaled-back version.
    Silicon Valley Water Board Wants Delta Tunnels Downsized
    Maryama, a band led by CalArts alumna Maryama Mirbagheri (Music MFA 17), was recently nominated for a 2017 Hollywood Music in Media Award in the World Music category.
    Maryama Nominated for Hollywood Music in Media Award
    The California Community Colleges Chancellor’s Office, in response to President Trump’s recent decision to rescind the Deferred Action for Childhood Arrivals program, has declared Oct. 16-20 "DACA Advocacy Week."
    California Community Colleges Ramp Up DACA Advocacy
    COC and the Hart District will host the 2017 College & Career Fair in the college’s Honor Grove on Saturday, Oct. 21 from 9 a.m. to noon.
    Oct. 21: 2017 College and Career Fair at COC
    The College of the Canyons Art Gallery will showcase the work of Los Angeles-based painter Sheldon Figoten in a one-person exhibition of new paintings, “Light Fields,” opening Saturday, Oct. 28.
    Oct. 28: Sheldon Figoten ‘Light Fields’ at COC Art Gallery
    The Santa Clarita Artists Association held its 28th Annual Art Classic fine arts competition at William S. Hart Park's Hart Hall in Newhall on October 14.
    Santa Clarita Artists Association Names Winners in 2017 Art Classic
    Here is the Castaic-Val Verde Crime Information & Public Safety report from the Santa Clarita Valley Sheriff's Station for September 25 through October 1.
    Crime Blotter: Arson, Burglary, Theft in Castaic-Val Verde
    California and New Mexico launched a fresh challenge Tuesday against the Trump administration’s repeal of higher royalty payments to states for oil, gas and coal leases on public lands.
    California, New Mexico Challenge White House Favors to Oil, Gas, Coal
    Here is the Stevenson Ranch (Zone 3) Crime Information & Public Safety report from the Santa Clarita Valley Sheriff's Station for the week of October 2 to October 8.
    Crime Blotter: Burglary, Petty Theft in Stevenson Ranch
    Here is the Canyon Country East (Zone 8) Crime Information and Public Safety report from the Santa Clarita Valley Sheriff's Station for September 24 through October 8, 2017.
    Crime Blotter: Vehicle Theft, Burglary in Canyon Country East
    1876 - Southern Pacific begins subdividing town of Newhall (original location at Bouquet Junction) [story]
    CalArts Center for New Performance (CNP), the professional producing arm of California Institute of the Arts, opens Fantômas: Revenge of the Image at Wuzhen Theatre Festival in Wuzhen, China, on Oct. 19.
    Oct. 19: CalArts’ Fantomas: Revenge of the Image Premieres in China
    The CSUN women's golf team fired rounds of 306-309 and is in fourth place, just eight shots off the pace at the Pat Lesser Harbottle Seattle University Invitational at the Tacoma Country and Golf Club in Tacoma, WA.
    CSUN Just Eight Shots Off Pace At Washington Invitational
    Tonight on SCV NewsBreak, Recreation, Community Services, Arts and Open Spaces Director Rick Gould announces retirement. Plus, the Board of Supervisors approve mental health care improvements. Check out these stories and more tonight on SCV NewsBreak.
    SCV NewsBreak for Tuesday, October 17, 2017
    The Advanced Technology Presentation about "Careers in the Making...Design, Engineering, Fabrication and More..." in celebration of National Manufacturing Day was a huge success.
    SCV Students Gain Knowledge, Advice at National Manufacturing Day
    A local company is expanding its footprint in the Santa Clarita Valley to accommodate business growth and another is relocating a division of its company from Sylmar.
    Accurate Freight Systems Expands, Leases Space at IAC Commerce Center
    The Domestic Violence Center (DVC) of Santa Clarita Valley is accepting applications for Adopt-a-Family 2017.
    DVC of SCV Currently Accepting Adopt-a-Family 2017 Applications
    Major Impact Theater, founded by Jill Garson and Shawnda Davis in 2014, is a non-profit theater group that specially adapts plays for performance by adults with disabilities in the Santa Clarita Valley.
    Nov. 4: Major Impact Theater Presents Blunderland
    California State University, Northridge will make history on Thursday, Oct. 26, by becoming the first California State University with a Sustainability Center.
    Oct. 26: CSUN to Open Sustainability Center
    Registration for the Purple Walk of Strength is now open.
    Oct. 21: Purple Walk of Strength to Benefit Domestic Violence Center
    Raising a child is a demanding job for any parent, especially when supportive resources seem to be elusive or nonexistent.
    Oct. 22: CSUN Hosts Special Needs Resource Fair
    College of the Canyons dominated its match vs. Bakersfield College from start to finish on Friday night, resulting in a 5-1 victory over the Renegades for the Cougars' first conference win of the season.
    COC Gets First Conference Win of Season Against Bakersfield College
    RIVERSIDE, Calif. — Following a two-week layoff, College of the Canyons cross country was back in competition on Saturday, running with a mix of community college and Division I programs at the Sixth Annual UC Riverside Highlander Invitational.
    COC Cross Country Back in Competition After Two Week Layoff