The finest known example of a 1855 Kellogg & Co. Fifty Dollar PR64 Cameo PCGS. CAC. Kagin-4, High R.6 soared to a record $1.26 million to lead Heritage’s FUN US Coins Auction to $40,522,148 in total sales. That total, along with the $6,845,461 Collection of Walter J. Husak and The Liberty Cap Foundation US Coins Signature® Auction that was part of FUN and Heritage’s $13,003,338 FUN Currency Signature® Auction, boosted the combined total for the event to $60,370,947. “Just when some people thought the marketplace for numismatic trophies might be starting to soften given the flurry of record prices we’ve set over the last few years, our bidders once again delivered some staggering results,” says Todd Imhof, Executive Vice President at Heritage Auctions.
Fort Worth coin dealer B. Max Mehl once called the 1855 Kellogg $50 “the most beautiful of all Pioneer gold coins, and one of the rarest.” The beautiful coin sold in this auction is one of just 14 known examples, all of which were struck in proof format. The original mintage was not recorded, and the initial distribution was unknown.
The 1855 Kellogg fifty was one of three coins in the auction that reached seven figures.
