America’s first dollar. Stack’s Bowers Galleries, a rare U.S. and world coin and currency auction house will sell a premium selection of 105 rare coins from the Pogue collection on September 30, 2015, in conjunction with Sotheby’s New York. This is the Pogue Collection’s second auction in the five sale series, which is said to be the most valuable personal collection of American Federal coins and currency known to exist.
The September 30 sale will include such rarities as the 1794 Flowing Hair Silver Dollar; the ancestor of the American dollar bill, the 1795 Capped Bust Right Eagle; the most valuable $10 gold piece in existence, and the 1795 Silver Dollar, which is rumored to have been a presentation coin during the mint era to share the fine craftsmanship designed by the founders. Sale II is expected to sell up to $20 million with the 1794 Flowing Hair Silver Dollar to bring in between $3 million and $5 million alone.
Consigned by A. Mack Pogue, a Texas property developer, and his son, D. Brent Pogue, the entire collection contains 650 gold, silver, and copper coins from the 1790s through 1830s and is estimated to be worth $200 million in total. The Pogue Collection auction series began May 2015 and will conclude in September 2016.
1794 Flowing Hair Silver Dollar:
1794 Flowing Hair Silver Dollar, known as the Lord Saint Oswald specimen, is estimated to sell between $3 million and $5 million at auction. The coin was acquired in Philadelphia after its mintage by English aristocrat William Strickland. It remained in the possession of his descendants until a 1964 auction. Among its previous owners was former Louisiana Congressman Jimmy Hayes.
1795 Capped Bust Right Eagle:
1795 Capped Bust Right Eagle, is the most valuable $10 gold piece in existence. It is considered the single finest surviving U.S. gold coin struck in the 18th century pre-Gold Rush. Its pre-sale estimate is $750,000 to $1.2 million.
1795 Flowing Hair Silver Dollar:
The 1795 Flowing Hair Silver Dollar is rumored to have been a presentation coin during the mint era due to its perfect preservation. This piece was so well struck that it is projected to sell for $600,000 to $800,000 in Sale II.