The hammer price for the rare one-inch campaign jugate more than doubled its pre-sale estimate at Hake’s Premiere Auction.
YORK, Pa. – A one-inch version of the elusive 1920 Cox/Roosevelt jugate button, one of only six of its type known to exist, sold for $100,300 at Hake’s March 21-22 Premier Auction.
Likely a salesman’s sample, the political pin-back button was the most highly prized piece in the legendary John Hilhouse collection. Pre-sale estimates ranged between $35,000-$50,000.
Hake’s now holds the world record for selling the top three pinback buttons at auction, including a 1.25-inch Cox/Roosevelt jugate that sold for $185,850 in 2022 and an oversize “Drink Alpen Brau” pictorial button depicting the 1916 World Series Champion Boston Red Sox with a 21-year-old Babe Ruth that sold for $62,980 in 2020.
“We thought the Cox/Roosevelt jugate in this sale had a good shot at challenging the high estimate, but we did not see it doubling that number – an incredible result,” said Alex Winter, president of Hake’s Auctions. “It is a clear indication of how strong the political memorabilia market is and how many collectors are willing to pay above-estimate prices for genuinely rare items.”
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