The Central States Coin Show (CSCS) was held in nearby Schaumburg, Illinois last month and which we attended for the first time in a few years. It turned out to be an exciting year to make our return, with several rare coins selling for high prices, including one newsworthy deal.
The show was very active overall, with both wholesale dealer-to-dealer business and retail customer business. With over 100 coin dealers from across the nation in attendance, the show drew rare coin collectors and numismatists from the greater Chicago area and beyond.
Coin collecting enthusiasts found a lot of exciting, rare silver dollars and gold coins, which both seemed to be hot sellers at the show. A 1933 Indian Head $10 gold coin sold for $822,500. The coin was PCGS graded and CAC approved as MS-65, and market participants felt its price was strong. Meanwhile, a 1794 half dollar that was NGC graded at VF-25 sold for $705,000. This was a surprisingly strong price, given that it was over six times the maximum estimates of most experts.
Arguably the most exciting sale of the show, however, was that of a very rare 1880 Coiled Hair $4 gold coin for a little under $2 million. That’s right, the CAC approved, NGC graded 67 1880 Coiled Hair $4 gold pattern (Stella) sold for $1,821,850. Experts agreed that the price was fair, though the high price tag nevertheless made news.
We look forward to more coin shows, and more exciting sales, in the near future. Be sure to check back soon for more of the latest news about Chicago rare coin dealers and collecting.