Newman Numismatic Portal Project Coordinator Len Augsburger provided this report on the results of the Heritage sale of the Warshaw Family consignment.
Portions of the sale proceeds will be donated to Washington University in St. Louis, home of NNP.
-Editor
National Numismatic Heritage Items Take Center Stage in Dallas
Several items from the Warshaw Family collection, sold this week by Heritage Auctions, served to highlight the upcoming Sesquicentennial. A Continental Dollar in silver, one of four known, drew $1,312,500. The same piece was sold by Heritage in 2021 at $1,140,000. Prior to the sale, two of the other pieces are traced to the Resolute Americana Collection, while the third is in the Tyrant Collection.
A Comitia Americana medal in silver, PCGS MS64+ CAC, possibly the finest known, attracted exceptionally strong bidding and sold for $475,000.
For numismatic literature collectors, the highlight of the sale was a copy of the April 2, 1792 Mint Act published in the Gazette of the United States on April 14, 1792. Unpublished research by this author has traced contemporary printings of the Mint Act in eighteen different newspapers, with the earliest publications appearing in Philadelphia, New York, and Boston. This lot drew spirited competition and sold for $47,500 (not a typo), vs. $400 (David Fanning, 2009), and $1,495 (Heritage, 2006) for other known examples. It's clear that this sale represents a sea change in the valuation of this historic document.
The Warshaw Family consignment further included a signed letter from Alexander Hamilton to General Alexander McDougall, March 10, 1777, which sold for $27,500, in addition to a signed letter from George Washington to Christopher Green, October 15, 1777, which drew $47,500. Per the sale catalog, portions of the sale proceeds will be donated to Washington University in St. Louis.
Here's more information from the Heritage website. Great video!
-Editor