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The E-Sylum:  Volume 11, Number 13, March 30, 2008, Article 25

1794 CENTS DEACCESSIONED FROM THE GARRETT COLLECTION

Regarding coins deaccessioned from the Garrett collection at
Johns Hopkins, Dan Demeo writes: "In 1982, Bowers and Ruddy
Galleries issued a fixed price list of the Celebrated John W.
Adams Collection of 1794 U.S. Large Cents.  Similar to some
recent collections, John Adams assembled a collection traceable
to early collectors (Maris, Hays, Beckwith, et al).  Of the
coins, 17 were from the Garrett collection, most from the Stack's
(1976) and Bowers and Ruddy (1979) sales, but also a number
obtained by private treaty from the Johns Hopkins University
before the public sales.  No mention of Richard Picker or other
dealers was made in connection with these coins;  Adams, Bowers,
and Bagg were all involved with the catalogue and could comment
further.  The coins obtained by private treaty were:

5.  S18b, the finest known, graded in the catalogue as MS65, $55,000.

6.  S19b, "acquired...directly...in 1973".  Choice VF35, $7,500.
Incidentally, the photo of the reverse of this coin was
inadvertently switched with the S20 in the catalogue.

19.  S26, third finest, and plated in the Frossard and Chapman texts,
$9,000.

30.  S40, finest known, MS-63, not bad for a coin considered
R6 at the time, $22,500.

35.  S43, tied third finest.  AU50, $3,750.

45.  S50, AU50.  "Acquired by John Adams in a transaction
with The Johns Hopkins University nearly a decade ago."  $10,000.

67.  S66, only F12, but still tied for 6th finest.  Obtained
in 1973, traded back and forth with Denis W. Loring.  $1,500.
(Why didn't I buy any of these?)

74.  S71, 3rd finest.  AU55, from the Frossard collection.  $8,000.

"Surprisingly, despite the large format and one coin per page
in the catalogue, previous owners are only mentioned, and
detailed pedigrees (or provenances), with dates and venues,
are lacking, though there is a short biographical sketch on
many past collectors and dealers in an appendix.  In looking
at a short catalogue (there are 75 coins in the collection),
it is certainly impressive how many had been owned by the
giants of large cent history, from Dr. Maris to Dr. Sheldon."

 MORE ON THE DEACCESSIONING OF COINS FROM THE GARRETT COLLECTION
 esylum_v11n12a08.html

  Wayne Homren, Editor

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