Earring Designs For 2007

Coin Rarities & Related Topics: The June 2011 Baltimore Auction, part 2 ...

Last week, I wrote about copper and silver U.S. coins in the Stack’s-Bowers auction event that just ended. It was conducted from June 14th to June 18th at the Baltimore Convention Center. The current topics are U.S. gold coins and patterns in this same auction. “The Jarapendo Collection” of U.S. Patterns is very fresh and very exciting. There were numerous gold coins from a wide array of consignors. I discuss a selection of them herein.

Among gold coins, the sales of Half Eagles ($5 coins) in this auction were more newsworthy and interesting, on the whole, than the sales of any of the other gold denominations. So, I focus on Half Eagles, though I mention a very appealing Proof Eagle as well. Before doing so, I discuss patterns in the “Jarapendo Collection.”

The “Jarapendo Collection” was comprised of about twenty patterns and around one hundred U.S. copper, nickel, silver or gold coins. While desirable, the “Jarapendo” coins are not nearly as important as the “Jarapendo” patterns.

The Jarapendo 1879 Gold Dollar is PCGS graded “MS-64” and sold for $7475. This collection’s 1886 Half Eagle is PCGS graded “AU-58” and sold for $402.50. The Jarapendo 1804 Half Cent and 1811 Half Cent were each PCGS graded Fine-12 and realized $316 and $1380, respectively. This collection contained numerous pre-1825 large cents and a half dozen Flying Eagle Cents.

To an extent, Proof Indian Cents were collected ‘by date,’ while Two Cent, Three Cent Nickel and many 19th century silver denominations were collected ‘by type.’ Furthermore, the Jarapendo collection featured a 1794 half dime, numerous Draped Bust Quarters, Half Dollars and Silver Dollars, plus some Capped Bust Halves. The only Jarapendo pieces that are really newsworthy, as individuals, are the patterns, though I am sure many of the other items are collectible and appealing.

Greg Cohen, a staff expert at Stack’s-Bowers New York office, handled the consignment of the “Jarapendo Collection,” with the assistance of Andrew Bowers. “The Jarapendo Collection is a wonderful assortment of coins and patterns that were put away by our consignor’s father,” states Cohen. “According to our consignor, his father was an active collector [from] the late 1930s to the early 1960s, and the coins have been off the market since,” Cohen reveals.

Members of the consignor’s family “came in on a Saturday morning in February; they knew about Stack’s, as the father had bought coins from Stack’s in the 50s and 60s. The family is from the New York metro area. The entire Jarapendo Collection [was] in the June sale. Jarapendo is the name the family came up with, which is a combination of the family members’ initials. [These initials were] rearranged into [the code name] Jarapendo,” Cohen explains.

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