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1804 Dollar Sold for $3,737,500 at Heritage's $44 Million Auctions

Queller Silver DollarsThe great collection of David Queller, containing rare silver dollars and presented at the Official Auction of the Central States Numismatic SocietyCentral States Numismatic Society convention gathered and impressive sum. The star of the collection was the 1804 Silver Dollar, which realized $3,737,500. It is worth reminding that the auction was held by Heritage Auction Galleries.

 

By mixing the 1804 Silver Dollar with currency results, all the prices currently realized went over the $42.6 million mark. When the proceeds from all Post Auction Buys along with Final Session auctions are adjoined, the total prices will most likely go over the $44million mark.

 

Over 6,700 bidders took part in the Signature and Platinum Night events. In addition more than 3,000 bidders are expected to take part in the Final Sessions. The official website of Heritage offers images, descriptions as well as prices currently realized at the auction that was held in Rosemont, Illinois in the period between April 16 and 18.

 

"Heritage was very pleased with the auction wide results at Central States and especially so for the results of the wonderful Queller Family Collection. As anticipated, the market reacted well to the combination of rarity and qualityrarity and quality that marked all of the coins assembled by a discerning eye. And also as anticipated, the most valuable three coins sold in Rosemont were all Queller coins. The prices further support claims that this was the greatest silver dollar collection ever assembled," said Greg Rohan, the President of Heritage Auction Galleries.

 

According to Mr. Rohan, for the past 3 years, Heritage realized impressive results at Central States auctions: in 2005 – it accounted $24,265,967; in 2006 - $24,145,105; and last year Heritage realized $24,912,768.

 

Queller Family Silver Dollars"Frankly, we were beginning to wonder when we were going to exceed that $25 million level! Well, we have decisively smashed that barrier in 2008, and any concerns about the overall economy were decisively rejected by astute collectors willing to pursue quality," commented Greg Rohan.

 

Most Impressive Coins from the Auctions:

 

Lot 2000: 1794 $1 AU58 NGC

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