Category Archives: Stewart Blay

Stewart Blay Collections of Flying Eagle Cents, Indian Cents, Barber Dimes Realize Almost $5 Million

Incredible cents from the Stewart Blay Collection. Image: GreatCollections.
Incredible cents from the Stewart Blay Collection. Image: GreatCollections.

1856 & 1877 Pennies Sold for Over $300,000 Each; Countless Records Set

(Irvine, California) November 28, 2023 – The Stewart Blay Collection continued to set records at GreatCollections earlier this month, with almost $5 million in final bids for the finest sets of Flying Eagle Cents, Indian Cents and Barber Dimes ever assembled.

The coins were sold at GreatCollections on November 12th and 19th. Highlight realizations include the 1856 Flying Eagle Cent PCGS MS-66 CAC at $343,125, the 1877 Indian Cent PCGS MS-66+ RD CAC at $340,875 and the 1893-O Barber Dime PCGS MS-68 PL CAC at $140,625. A duplicate 1955 Doubled Die Lincoln Cent PCGS MS-65 RD CAC realized $123,750. These all realized all-time world records for the date and grade. The 1955 Doubled Die graded PCGS MS-65 RD more than doubled the previous record set in 2001.

A total of 16,645 bids were received for the 673 certified coins on offer that realized a total of $4,960,436.

Stewart Blay, a legendary numismatist and sculptor based in New York, assembled the award-winning collections over the past 50 years. Earlier this year, GreatCollections auctioned the Blay Lincoln Cent Collection for over $7.7 million, also setting many world records.

“Serious collectors came out of the woodwork to bid and own part of the Stewart Blay Collection – several had not acquired a coin in years, as nothing of this quality had been on the market. The realized prices confirm the numismatic community agreed with the superlative quality Stewart had assembled over his lifetime. The pedigree is one that will survive time – perhaps the most universally respected in the current generation of numismatists,” said Ian Russell, president of GreatCollections.

Ian continued, “Sadly, Stewart passed away unexpectedly last Thanksgiving. We are so thankful to Stewart and his estate for entrusting us with this once-in-a-generation collection.”

Prices realized highlights from the Stewart Blay Collection of Flying Eagle Cents

  • 1856 Flying Eagle Cent PCGS MS-66 CAC – $343,125
  • 1858 Flying Eagle Cent Small Letters PCGS MS-66 CAC – $59,062

Prices realized highlights from the Stewart Blay Collection of Indian Cents

  • 1864 Indian Cent L on Ribbon PCGS MS-66+ RD CAC – $81,225
  • 1868 Indian Cent PCGS MS-66+ RD CAC – $78,925
  • 1877 Indian Cent PCGS MS-66+ RD CAC – $340,875
  • 1884 Indian Cent PCGS MS-67 RD CAC – $81,562

Prices realized highlights from the Stewart Blay Collection of Barber Dimes

  • 1893-O Barber Dime PCGS MS-68 PL CAC – $140,875
  • 1907 Barber Dime PCGS Proof-68 CAC – $87,187
  • 1911 Barber Dime PCGS MS-68+ CAC – $81,562A permanent record of the Stewart Blay Collection is available on the GreatCollections website at www.greatcollections.com/blay and GreatCollections has plans to publish a book featuring the Blay collections. For more information, please contact GreatCollections at 1-800-442-6467 or visit www.greatcollections.com.

About GreatCollections

GreatCollections, the official auction house of the American Numismatic Association, specializes in auctioning certified coins and banknotes, handling transactions from start to finish. Since its founding in 2010, GreatCollections has successfully auctioned over 1 million certified coins, making it one of the leading certified coin companies in the United States with annual sales in 2022 exceeding $270 million. Ian Russell, owner/president of GreatCollections, is a member of the prestigious Professional Numismatists Guild, member of the National Auctioneers Association and was recently named the ANA Harry J. Forman Dealer of the Year. For more information about GreatCollections, visit www.greatcollections.com or call 800-442-6467.

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Amazing Barber Dimes from the Stewart Blay Collection

Stewart Blay Collection of Barber Dimes

As part of its continuing series of offerings from the exceptional Stewart Blay Collection, GreatCollections will be presenting Blay’s selection of Barber dimes over two separate online auction sessions: the first on Sunday, November 12, and the second on Sunday, Nov. 19, 2023.

A New York sculptor and coin collector, Stewart Blay was one of the most significant “quality” collectors of his era. His coins represent an unquinchable thirst for the “best-of-the-best” that took Blay all around the country throughout five decades of collecting.

The Blay Collection of Lincoln cents, considered one of the finest ever assembled, was sold by GreatCollections in January 2023. It set several new price records on its way to garnering over $7.7 million USD and immediately became an important landmark in the history of the Lincoln cent market.

The sale of the Stewart Blay Collection of Barber dimes will certainly achieve impressive results, as well. Below are CoinWeek’s top five highlights from the upcoming auctions.

1893-O Barber Dime (PCGS MS-68 PL CAC; Toned)

Stewart Blay's Superb Gem 1893-O Barber Dime is among the finest known coins in the entire series.

From a mintage of 1,760,000, PCGS has certified only three examples as Prooflike. The designation “Prooflike” refers to the presence of reflective mirror-like surfaces sometimes found on a circulation strike coin. Of the three, this example is the finest. Both Blay and GreatCollections’ Ian Russell were taken by the clarity of the strike and its perfectly preserved surfaces, with the latter remarking that the coin had the look of a Proof or a Specimen strike. This date offers sophisticated collectors a smattering of ultra-high-end coins – no more than five or six in the Superb Gem grand range. This example bests the impressive Prooflike Eliasberg/Simpson coin by one full point.

1899 Barber Dime (PCGS Proof-68 CAC; Toned)

Stewart Blay's Superb Gem Proof 1899 Barber Dime. Image: GreatCollections.
Stewart Blay’s Superb Gem Proof 1899 Barber Dime. Image: GreatCollections.

The United States Mint sold 846 Proof Sets in 1899. By modern standards, the total number of coins produced for collectors at the close of the 19th century would be nothing more than a rounding error. And while most of the 1899 Proof Barber dimes have survived, more than a century of mishandling has resulted in most available examples having some degree of impairment.

This coin, certified PR68 by PCGS and approved by CAC as strong for the grade, ranks as one of the five finest known for the issue – taking into account similarly graded coins with Cameo and Deep Cameo attributions.

Under light, this example boasts a vividly toned obverse with Cerulean blue wrapping bordering the rims and the center field bathed in orange, red, and purple. The coloration on the coin’s reverse shows a gradient of gold and orange. We expect this specimen to exceed the $14,100 price it realized in a May 2018 auction appearance.

1907 Barber Dime (PCGS Proof-68 CAC; Toned, OGH)

Superb Gem Proof 1907 Barber Dime from the Stewart Blay Collection. Image: GreatCollections.
Superb Gem Proof 1907 Barber Dime from the Stewart Blay Collection. Image: GreatCollections.

After peaking in the 1880s, collector interest in Proof coinage began to decline. By the end of the first decade of the 20th century, this interest had sunk to a level where a typical year’s Proof mintage would fall in the 550 to 700 coin range. The 1907 Proof dime was the first issue in the series to have a mintage of under 600 pieces. In terms of the series, it’s one of the scarcer dates, but is by no means rare. As is the case with all early 20th-century Proofs, unimpaired examples with high eye appeal are the exception to the rule. PCGS has certified no more than 20 examples in Superb Gem Proof and this is the only one certified at the PR68 level.

This is the same coin sold in July 1997 for $5,290. At the time, it was the only PR68 recorded in the PCGS Census. Nearly 30 years later, this distinction remains true. Current bid is $10,500.

1898-O Barber Dime (PCGS MS-67+ CAC; Toned)

The Miller-Blay 1898-O Barber Dime. Image: GreatCollections.
The Miller-Blay 1898-O Barber Dime. Image: GreatCollections.

Blay’s 1898-O Barber Dime is the current lead plate coin on PCGS CoinFacts. It is a shimmering champagne-colored dime with peach-colored toning around the coin’s periphery. A smattering of peach rings above and below the denomination serve as key pickup points for pedigree tracing. We’ve tracked this example to the Larry H. Miller Collection, where it sold for $31,200 in December 2020. Miller, a prominent Utah businessman, was an accomplished collector in his own right. In that collection, the coin was housed in an early generation NGC MS68 holder. Now it is offered as a freshly-graded PCGS MS67+ with CAC approval.

1905-O Barber Dime Micro O (PCGS MS-66+ CAC)

In our opinion, early 20th-century New Orleans issues are underrated and will certainly prove formidable to collect as the market for 20th-century American silver and gold coins continues to mature in the coming years. The 1905-O Barber dime was struck in numbers typical for the branch mint at the time. What makes this issue stand out, however, is the existence of the scarce “Micro O” mintmark variety. In a side-by-side comparison, the O mintmark is considerably shorter than the one found on the majority of the dimes struck that year. Strangely, the Micro O mintmark punch was intended to be used on a larger coin – the quarter dollar.

1905-O Barber dimes with the Micro O mintmark are scarce in Mint State and rare in Gem. This example is the finest known.
 

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GreatCollections will also be offering duplicates from the Blay Collection in November. For more information, call 1-800-442-6467 or visit their website at www.greatcollections.com.

To search through GreatCollection’s archive of over 600,000 certified coins the company has sold over the past eight years, please visit the GreatCollections Auction Archives.

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Stewart Blay Indian Head, Flying Eagle Cent Collection to Be Auctioned by GreatCollections

Sale also to feature Blay Collection of Barber Dimes   When GreatCollections sold the Stewart Blay Collection of Lincoln Cents in January 2023, one of if not the finest collection of Lincoln cents ever assembled, several record prices were established for a total of over $7.7 million. Now, GreatCollections will be offering the Blay collections […]

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Where Does the Wheat Cent Market Go After the Blay Sale?

By Charles Morgan for CoinWeek ….. Although there have been several significant Lincoln cent collections assembled and disassembled over the last few decades, two collections represented the height of the marketplace for the series. The first was the Joshua and Ally Walsh Collection. The January 2006 Heritage Auctions sale of this collection set many records, […]

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Where Does the Wheat Cent Market Go After the Blay Sale?

By Charles Morgan for CoinWeek ….. Although there have been several significant Lincoln cent collections assembled and disassembled over the last few decades, two collections represented the height of the marketplace for the series. The first was the Joshua and Ally Walsh Collection. The January 2006 Heritage Auctions sale of this collection set many records, […]

The post Where Does the Wheat Cent Market Go After the Blay Sale? appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.

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Where Does the Wheat Cent Market Go After the Blay Sale?

By Charles Morgan for CoinWeek ….. Although there have been several significant Lincoln cent collections assembled and disassembled over the last few decades, two collections represented the height of the marketplace for the series. The first was the Joshua and Ally Walsh Collection. The January 2006 Heritage Auctions sale of this collection set many records, […]

The post Where Does the Wheat Cent Market Go After the Blay Sale? appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.

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1958 Doubled Die Remains One of the Most Elusive Lincoln Cent Varieties

By Joshua McMorrow-Hernandez for PCGS …… The Lincoln cent is one of the most popular United States series, and over its century-plus run that began in 1909 it has spawned a multitude of exciting varieties. Among the rarest breed of these are doubled dies, and many collectors know the most popular pieces by heart, including […]

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Hidden or Sleeping Rarities, Part 1: Copper Coins

Coin Rarities & Related Topics: News and Analysis regarding scarce coins, markets, and coin collecting #382 An Ongoing Column by Greg Reynolds …..   The rarities that appear in major auctions or are shown at major coin conventions with press releases and fanfare receive a great deal of attention. This new series is about the rarities […]

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Hidden or Sleeping Rarities, Part 1: Copper Coins

Coin Rarities & Related Topics: News and Analysis regarding scarce coins, markets, and coin collecting #382 An Ongoing Column by Greg Reynolds …..   The rarities that appear in major auctions or are shown at major coin conventions with press releases and fanfare receive a great deal of attention. This new series is about the rarities […]

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Collecting and Appreciating Naturally Toned Coins, Part 2

By Greg Reynolds for CoinWeek …..   In Part 1, I discussed the fact that almost all sophisticated collectors of U.S. coins have a very strong preference for natural toning, as opposed to coins that have been artificially toned, doctored, or dipped in brightening chemical solutions. As more and more rare coins become subject to […]

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Collecting and Appreciating Naturally Toned Coins, Part 1

By Greg Reynolds for CoinWeek …..   In the history of coin collecting in the U.S., most of the greatest all-time collections were characterized by many coins with attractive, natural toning – especially many coins that had never been cleaned, dipped or otherwise deliberately modified. I have personally and carefully inspected a substantial percentage of […]

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1905-S Dimes Overlooked: Superb Coin in 2017 FUN Auction

Coin Rarities & Related Topics: News and Analysis regarding scarce coins, markets, and coin collecting #365 A Weekly CoinWeek Column by Greg Reynolds ….. On January, 4, 2017, in the upcoming FUN auction, Heritage will offer a PCGS-graded MS-66 1905-S dime that has not received much attention and could be an excellent value for a collector-buyer. […]

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1905-S Dimes Overlooked: Superb Coin in 2017 FUN Auction

Coin Rarities & Related Topics: News and Analysis regarding scarce coins, markets, and coin collecting #365 A Weekly CoinWeek Column by Greg Reynolds ….. On January, 4, 2017, in the upcoming FUN auction, Heritage will offer a PCGS-graded MS-66 1905-S dime that has not received much attention and could be an excellent value for a collector-buyer. […]

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