The recent Stacks Bowers Baltimore auction contained a group of comparatively high grade New Orleans eagles which contained a few very important pieces. While admittedly a small sample size (just seven coins), the prices realized were all very strong. This leads me to conclude that this area of the market has become very strong. Let’s look at and analyze each coin.
For better or worse, the current market has come to heavily rely on auction prices to determine the value of a wide range of coins. I am often asked: do auction prices represent wholesale or retail? A one word answer: both. The coin market is quite possibly the most transparent market there is in any hobby or collectible. PCGS, NGC, and Heritage provide comprehensive databases for nearly any major issue of United States coin, in a variety of grades. In theory, even an unknowledgeable collector now has access to records which only the most sophisticated dealers and collectors could access as recently as a decade ago.