Special delivery: Alexander Hamilton letter tops $31K at Rago auction

1793 Alexander Hamilton penned Treasury Department letter. Estimate: $7,000-$9,000. Price realized: $31,250. Rago Arts and Auction Center image

LAMBERTVILLE, N.J. – Rago’s Coins, Currency and Collectibles auctions grossed $567,440 the weekend of June 8-10, bolstered by a 1793 Alexander Hamilton Treasury Department letter that surpassed expectations to achieve $31,250—more than three times the high estimate. Absentee and Internet live bidding was available through LiveAuctioneers.

Additional highlights were Lot 1036, an Abraham Lincoln military appointment that realized $4,688; and Lot 1035, a Frank F. Currier photograph of American Indian chiefs, circa 1875, that sold for $4,375 against a high estimate of $3,000.

American Indian Chief photograph by Frank F. Currier. Price realized: $4,375. Rago Arts and Auction Center

Collectible highlights include Lot 1002, a 1949 Bowman Jackie Robinson baseball card that sold for $1,875 – more than twice the high estimate of $800; Lot 1008, a Mills War Eagle 5¢ slot machine that sold for $1,063; and Lot 1030, a Japanese wakizashi having a 15-inch-long blade, which sold for $1,250.

1949 Bowman baseball card, Jackie Robinson, PSA graded, EX-MT 6. Estimate: $600-$800. Price realized: $1,875. Rago Arts and Auction Center image

Fountain pen highlights include Lot 1021, a Montblanc Catherine the Great limited edition, which sold for $1,875 against a high estimate of $1,500; Lot 1023, a Montblanc Peter the Great limited edition, which achieved $1,625 against a high estimate of $1,200; and Lot 1020, a Montblanc Nicolaus Copernicus limited edition, which realized $1,375.

Montblanc Catherine the Great limited-edition fountain pen, 1997. Price realized: $1,875. Rago Arts and Auction Center image

U.S. gold and silver coins made a particularly impressive showing in the Coins & Currency category. The top lot of the segment was a U.S. 1793 Chain 1-cent coin, which exceeded its high estimate to sell for $22,800.

This U.S. 1793 Chain 1-cent coin sold for $22,800. Rago Arts and Auction Center image

Additional highlights include Lot 1044, another U.S. 1973 Chain 1-cent coin, which sold for $18,000; Lot 1426, a U.S. 1909-O Indian Head $5 gold coin (below), which sold for $16,800; Lot 1518, a 1711 Peru 8 Escudos gold coin pendant, possibly from the fleet of 1715 shipwreck, which surpassed expectations to sell for $14,400—more than twice the high estimate; Lot 1294, a U.S. 1797 9×7 Stars Large Letters $1 coin, which surpassed the estimate of $10,000 to achieve $11,400; and Lot 1215, a U.S. 1926-S Standing Liberty 25-cent coin, exceeded the estimate of $7,000 to sell for $8,400.

U.S. 1909-O Indian Head $5 gold coin. Price realized: $16,800. Rago Arts and Auction Center image

A nickel-plated Remington Model 1875 single-action Army Revolver with stained mahogany grips sold for $1,500.