A rare 1808 American gold coin, called a Quarter Eagle sold for $2.35 million at auction, setting a world record for any coin of that denomination. It has became the most valuable 19th-century U.S. gold coin ever sold at auction. The small gold coin which worth just $2.50 when it was minted, and described as a “breathtaking gem specimen,” was part of the D. Brent Pogue Collection, auctioned by Stack’s Bowers-Sotheby’s in New York on May 19, 2015. Pogue has decided to sell his collection which is one of the best and most valuable in the world, after 40 years so others could have the chance to own the rare coins.
128 rare American coins owned by Pogue, all minted between the 1790s and 1830s, have been sold on May 19 totaling $25.3 million. The auction is just the first of seven lots (totaling 650 coins) to head to auction. The remaining coins will be auctioned off over the next two years. An 1822 Half Eagle could sell for more than $5 million (only three are known to exist), and a 1804 Silver Dollar could set a world record when it is sold in the last lot in May 2017.