|Bidding for Long Beach is
Auctions, Inc will hold our upcoming Signature Auction on June 2-3,
2005 in Long Beach, California, as official auctioneer of the Long
Beach Coin Expo. The sale will feature more than 3,000 lots,
including some fabulous rarities. Chief among these, perhaps, is
1838-O Half Dollar. Graded PR64 BM (for "Branch Mint") by PCGS,
this coin is unsurpassed by any of the dozen or so other specimens
Aficionados of high quality 18th century US coinage
will find much to appreciate in this auction. Two such coins in
particular bear special attention as the finest Heritage has ever
had the privilege to offer at auction. Over the last year or so
we've offered a number of
1794 dollars, but none of them has been the equal of the piece
presented in this auction, perhaps conservatively graded MS61 by
NGC. Equally important for this issue, this coin boasts a strong
strike and a noticeable lack of the adjustment marks so often seen
on early US silver.
We are also delighted to offer a
1796 Half Dollar, Fifteen Stars. Grading MS63, this is not only
the finest coin of the date and variety we've ever offered, it is
the first uncirculated piece we've ever offered to represent the
rare Draped Bust, Small Eagle Half Dollar type. The
1792 Half Disme in this auction grades MS63 and is only matched
in Heritage's auction history by a solitary coin we auctioned way
back in 1995.
The Western Hills Collection we featured last week features
extensive holdings in Three Cent Nickels and Patterns, among many
other great coins. Other fine collections comprising this auction
include The Dr. Theodore Almquist Collection, The Clifford Columbus
Collection, The Empire State Collection (featured below), The Dr.
Kurt Peters Collection, and The Larry Rausch Collection of Errors,
Bidding on these auctions has already begun at HeritageCoins.com.
Take a look at some of our other highlights!
As usual, our connected
Bullet Auction will provide lot viewing in Long Beach and
bidding over the Internet at HeritageCoins.com. Featured in this
auction will be the
William Bland Collection, a complete collection of the top 50
Peace Dollar VAMs.
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The Empire State
Heritage is proud
to feature the
Empire State Collection among our anchor collections in our
upcoming Long Beach Signature Auction, taking place in California
on June 2-3. The consignor of the Empire State Collection started
collecting coins as a very young man, focusing on "the usual cents,
nickel, and dime folders that we were all busy filling." He took a
20 year hiatus after his marriage, but then became a much more
For the last quarter century, the consignor of this collection
has been pursuing rarities, often trying to complete mintmarked
type sets. After most of a lifetime pursuing rare coins, he still
thinks it is a great hobby, and he recommends that everyone,
regardless of financial ability, find an area in which to collect.
We couldn't agree more!
Unlike many of our featured collections, this is not a type set.
A look at the coins in the Empire State Collection shows that
virtually every piece being offered is a rare or key date coin, and
date collectors looking to complete sets in many different series
should take a close look at the offerings from this collection.
Seated coinage specialists, for example, will recognize the rarity
of the 1874-CC dime, which in this collection is represented by an
NCS-encapsulated specimen with AU details. Despite the fact that it
has been cleaned, this is among the finest of this rare issue we
have ever offered. Other key CC-mint Seated coins from this
collection include the 1871-CC, 1872-CC, and 1873-CC (With Arrows)
dimes, the 1870-CC and 1873-CC (With Arrows) quarters and the
1874-CC Half Dollar.
Early gold is also well-represented in this collection, as are
19th century proof-only issues in series such as Trade Dollars and
Twenty Cent Pieces. More recent and prominent key date coins in
this collection include the 1916 and 1918/7-S Standing Liberty
Quarters, 1916-D Mercury Dime, and 1896-S Barber Quarter.
Highlights from this collection include:
Bidding on this collection is now open at www.HeritageCoins.com.
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A World of Money: 1643 Charles I
Gold Triple Unite, Oxford Mint
classic type was struck at the Oxford "castle mint" from
1642-1646, when the town was finally surrendered to Cromwell's
army, literally at its gates. It is the largest English gold coin
ever struck, with a face value of sixty shillings, and it must have
been made primarily to enable the fortified town to purchase
provisions for the king's army.
Unsurprisingly, the coin was also struck to make a political
statement, which must have been obvious to all: that royalty meant
wealth (the hefty weight of the coin alone said this), power (the
king holds a long sword before his face), a concession to peace if
it could be had (the king's other hand holds the olive branch), as
well as the king's declaration of sovereignty, of his divine right
to be royal, in the scrolled legend on the reverse (the Latin
translates as "The religion of the Protestants, the laws of
England, and the liberty of the Parliament"), which was the central
message of Charles' famous "declaration" to the Privy Council at
Wellington of 19 September 1642, which of course was also a
challenge to Parliament in London to remain loyal, to do its duty
to king and country.
But of course Parliament had sided with the new "Protector,"
Oliver Cromwell, who led the land through a terrible civil war, at
the end of which the king was beheaded as a traitor to the nation,
as a tyrant, at a time when civic power was transferring to a sort
of democracy whereby representatives of "the people" (which in 1642
did not mean the citizenry at large but rather the powerful landed
gentry and their families) would make the laws of the land and the
king who followed (Charles II, in 1660) would be increasingly a
figurehead ruler. Thus this coin represents, as well as any coin
could, the transition of power in a country which, to this day,
remains overwhelmingly loyal to its sovereigns, and celebrates
This is a truly amazing piece, fully struck with gleaming mint
luster, and graded MS63 by NGC. Besides the fact that this is the
rarest type of Oxford Mint Triple Unites, the condition is
incredible for this large gold coin and it is, by far, the finest
example that we have seen of any Triple Unite type, far surpassing
the XF45 piece that sold for $29,900 in our January New York
auction. We doubt if you will see another to equal this fabulous
Charles I gold treasure.
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Website tips: Watch Auctions
As you're no doubt aware if you've participated in them,
Heritage Signature Auctions consist of Internet bidding combined
with a live auction session, sometimes here in Dallas, and
sometimes at locations around the country. One of the questions
we're often asked by both bidders and consignors is how to keep
track of what an item actually sells for during the live session.
Now, live from New York (or Dallas, Long Beach, or San Francisco),
Heritage will give you hammer prices as they happen!
To see live hammer prices, go to the home page for the Heritage
Signature Auction that interests you. From HeritageCoins.com, click
on the catalog image for the auction; from other portals you will
first need to click on the catalog image on the left of the home
page, then when a similar image opens on the right, click on that.
This will bring you to a possibly familiar page much like the
Now, though, all you will need to do is scroll down, and you'll
see a listing of five lots - the most recent three to sell, with
hammer price, and the next two to come to the block, with the
current opening bid:
Every five seconds or so, this page will automatically update.
Just watch as the lots sell!
These results are updated at the site of the auction as soon as
they happen, and are the only live results to tie directly into our
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Ingot: A piece of metal in a standard shape for storage
or use. While this can apply to any metal, from a numismatic
standpoint ingots generally contain an amount of precious metal,
and are used for turning wealth into something portable. Examples
of collectible ingots might include gold bars from the California
Gold Rush or
Chinese Sycee. The $50 gold pieces manufactured by the US Assay
Office in San Francisco in the early 1850's were technically
considered ingots, mostly to get around opposition to the
establishment of a branch mint in California; however, for all
practical purposes they circulated as coins.
Lintmark: A characteristic that occurs mostly on proof
coins as a result of a piece of lint on the die or planchet during
the striking process. This lint creates an incused scratch-like
mark on the coin. Lint marks are distinguishable from hairlines by
their evenness of depth and lack of raised ridges on their borders.
They are also identifiable by their interesting thread-like shapes.
Since a lint mark is mint-caused, it has a much smaller effect on
the grade and value of a coin than a hairline of equal size and
prominence. Technically a strike-through.
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