Stacks Schaumburg Sale June 25th, 2009

The Schaumburg Sale, presented by Stack’s as the official auctioneer of the Mid-America Coin Expo showcases many interesting items as well as the traditional offering of U.S. coinage. The auction starts June 25, 2009 in the Nirvana Room of the Renaissance Schaumburg Hotel in Schaumburg, Illinois.

Part I of the Michael K. Ringo Collection of Latin-American Circulating Counterfeit Coinage appears early on, and offers coins from two workhorse genres: the gold coins of the Spanish dominions and their two reales counterparts. Many of these coins are exceedingly rare, and some are simply unique. Highlights here will undoubtedly include the gold alloy 1740 Lima-style contemporary imitation 8 Escudos, and the important 1807 Colombia 8 Escudos counterfeit that was struck over a U.S. Classic Head large cent. Among the selection of two reales counterfeits and imitations is the Quasimodo Head example, so called for its fascinatingly ugly portrait. This specimen is the only one known to Kleeberg, and should sell for a strong sum, so bid accordingly!

Among U.S. coinage, half cents proffer an impressive double struck 1795 C-4 example in the enticing grade of EF-40 BN (PCGS). U.S. cents boast an exceptional 1855 Proof, an N-10, Rarity-5 coin graded Proof-64 RB (PCGS) (CAC), which is immediately followed by a near gem example of the key 1856 Flying Eagle in Proof-64 (PCGS). U.S. minor coinage continues with several nice Proof nickel three cents and a fabulous 1924 Buffalo nickel graded MS-67* by NGC.

One of the most significant pieces offered for sale here is the 1792 half disme. Once part of the Jung Collection, this example of the formidably rare issue is certified as AU-58 by PCGS. Richly toned with a fully complete strike, this coin represents an important opportunity to own one of the most sought-after early coins struck by the United States. It is believed that only 1,500 of these coins were produced in 1792, so examples of these are rare no matter what condition they are in; the present example is all the more attractive for its excellent state of preservation. (more…)