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Auction PR Publicity Announcements News and Information

1856 Proof Flying Eagle Soars To $11,000 at Auction

The finest coin auction in Gateway Gallery Auction’s 17 year history and in Auctioneer John F. Kohler, Jr.’s 40 year career was conducted April 12 at the company’s auction complex on Kriner Road in Chambersburg, Pennsylvania. Offering 282 lots of high quality United States coins from one local collection, the sale was an unqualified success.

The collection featured rare U.S. coins, proof and mint sets, but coinage, complete sets of Morgan and Peace dollars, PCGS graded coins, Indian Head pennies and more.

A classic among small Cents, the famous 1856 Flying Eagle was made to show Congress how the new cent would look. It is believed that between 1,500 and 2,500 pieces were struck in all. This Flying Eagle, graded PCGS PR45, soared to $11,000 after spirited bidding among two local collectors.

Another undoubted classic is the 1916 Standing Liberty Quarter. This type quarter was designed by Hermon a MacNeil. The left arm of Liberty is upraised, uncovering a shield in the attitude of protection. Her right hand bears the olive branch of peace. This quarter, graded PCGS VF25, lost little time in advancing to the final bid of $8,500.

Other stand out lots include an 1889-CC Morgan selling for $2,600; the 1893-S Morgan for $5,700, and a Complete Set of Barber Halves for $2,200. (Prices given are the hammer price and do not reflect the 10% Buyer’s Premium.)

Gateway Gallery Auction’s next coin auction will be held in May. More information is available by calling (717) 263-6512, or visiting their Web site