June 17, 2005
This Week In Coin & Currency News
A Signature Auction in New York City!
Found Treasures: The Philadelphia Mint
Website tips: Refine your searches
Numismatic Glossary
Summer Interns Wanted!
Coin Club Outreach Program
Instant Quiz: Test your numismatic knowledge
Is It Time To Sell? 2005 September Long Beach, CA Signature Auctions
Current Auctions: 2005 New York, NY Signature Auction, Exclusively Internet Auction, Continuous Internet Auction, Internet Currency Auction, Amazing Sports Auction, Internet Movie Poster Auction, Amazing Comics Auction
Weekly Specials: Don't miss out on a great deal

Collector News
A Signature Auction in New York City!

Heritage Numismatic Auctions, Inc (HNAI) will hold our upcoming Signature Auction June 29-30 in New York City at the Grand Hyatt Hotel located at 42nd Street and Park Avenue. It's always a pleasure to hold an auction in the Big Apple. New York has always been very good to us, and we're looking forward to this exciting event.

There are two important anchor consignments in this auction, including the first part of the Stig Ericsson Collection. Mr. Ericsson began collecting coins about fifty years ago, pulling Indian Cents out of circulation as a youth. Like so many numismatists, he then tried to complete the modern series out of circulation. Standing Liberty Quarters were his favorite, as he appreciated the design. As his sophistication and numismatic appetite grew, he began to buy more important rarities, and became more eclectic and selective in his collecting. Mr. Ericsson is also selling some of his world coin holdings in a future HWCA Signature Auction. While he collected eye-appealing specimens from around the world, he specialized in the coins of Scandinavia, with which he felt a special bond due to his family roots.

Highlights of the Stig Ericsson Collection include:

We're also pleased to present more rarities from the second part of the Empire State Collection, the first part of which was featured in our Long Beach Signature Auction. Highlights include:

Additional auction highlights include:

In addition to the coins we're offering in this auction, we'll also be previewing several collections we'll be auctioning in upcoming events, including the Philip H. Morse Collection of St. Gaudens Coinage and the Jules Reiver Collection, both of which will be auctioned by HNAI in the future. These are both very important collections that will certainly generate a great deal of excitement in the numismatic community.

The New York Signature Auction is open for bidding now at HeritageCoins.com.

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Found Treasures: The Philadelphia Mint
by Stewart Huckaby

Contrary to popular belief, Heritage occasionally allows its employees to go on vacation, and mine, as is my habit, just happened to coincide with the three-day Memorial Day weekend this year. In my almost never-ending quest to see all of the major league ballparks, and knowing that the Washington Nationals were going to be in town at RFK Stadium over the week, I decided that a trip to the northeast would be in order.

As usual, there was baseball in abundance ? I had tickets for seven games at various locations between Washington and Boston, and managed to see six of them thanks to a bit of rain at Shea Stadium. Still, while wandering between the nation's ballparks is something that will usually occupy one's evenings ? and days if you're watching day games or have a particularly long drive between cities ? occasionally one must find other ways to spend one's time.

The Tuesday after Memorial Day, after having successfully seen a game in RFK, I found myself in Philadelphia, home of, in alphabetical order: cheesesteaks, the Phillies (who not so coincidentally were hosting my favorite team, the Giants), and the United States Mint. I've lived in the Philadelphia area on occasion over the years, so I was familiar with the Mint tour, but it had been probably over ten years since I had actually been inside the place. I had been in Philadelphia the previous year, but leftover fears after 9/11 had kept the mint closed to the public, something that I found out the hard way. Now, with the announcement that the Mints were again open to the public, I had another chance and took advantage.

The Philadelphia Mint tour is not exactly time-consuming. The building is set up so that visitors can enjoy a self-guiding tour, seeing a number of numismatic exhibits on one side and looking out above the production floor on the other, with video exhibits helping to explain the coining process. Because there is some distance between visitors and the actual production floor, it is somewhat difficult to get a feel for the exact process of striking a coin by watching coins being produced; however, one is definitely struck (sorry!) by the enormity of the operation involved. On this particular day I witnessed a few cents being struck; naturally this is not uncommon, as the mint produces far more cents than any other denomination.

While I would hardly recommend a tour of the US Mint in Philadelphia as a vacation destination, it's a nice, fairly quick, change of pace option when one is visiting Independence Mall, an area which also includes the Liberty Bell and Independence Hall. Be forewarned, though, that because of security concerns you are not permitted to bring your camera into the building; you will need to make plans to leave it in your car, home, or hotel room.

The Denver Mint is also open to the public, and tours through this facility are guided. Reservations are required, although same day walk-up reservations are available, space permitting. The San Francisco and West Point Mints are not open to the public, although in the pre-9/11 past the San Francisco Mint was known to host an occasional open house.

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Website tips: Refine your searches

A few tips to help you in your searches through the Heritage site:

  • Try first without any words in the optional search box, then narrow it down.
    This will produce more items, and once you see how the items are listed, you can narrow your search results with more accurate words.


  • Search ALL or search by denomination?
    If you're looking for only Morgan Dollars, by all means choose "Morgan Dollars" from the drop-down list. If you're searching for items that span multiple denominations, choose ALL from the drop-down.


  • Search just auctions, or just inventory, or both?
    The search from our home page covers everything we have to offer, whether in auction or inventory. Try that first. If you aren't interested in auctions, click the SALES tab above to access items only in our multi-million-dollar inventory. To locate items only in our current auctions, click the AUCTIONS tab above. If you wish to search for something that may have sold in a previous Heritage auction, go to the AUCTIONS tab and click on Permanent Auction Archives.


  • Think of the one search word that best describes the item you are looking for and use that.
    Maybe it's a date (like 1883), or even a date with a mint mark (1883-CC). Perhaps you know the variety reference number (VAM, Judd, Pollock, Friedberg, Charter, etc.) or even a pedigree (Eliasberg, Bass, Belzberg) - use that.


  • When using more than one search word, try using "OR" and "NOT".
    When you use multiple words, the search engines will try to find items with all of those words in the description. Try using "OR" and "NOT". If you're interested in all coins from 1882 and 1883, you can enter "1882 OR 1883". This would limit your search to just items with either of those two dates in the description. Or, if you are interested in untoned coins from 1883, you can enter "1883 NOT toned". If you want to search for an exact phrase, use quotation marks around the phrase: "Monster toned."


  • Special case "NOT" search for Philadelphia Mint coins
    Keep in mind that Heritage searches work on an exact text search, and that this search is open-ended. Sometimes this can cause more results than the user intended, while other times a search that is perfectly clear to the user may return nothing. This can be particularly problematic when searching specifically for coins minted in Philadelphia. A search for 1937 will probably return 1937, 1937-D, and 1937-S dated coins because the descriptions contain the string "1937". A search for "1937-P" is likely to return nothing, as our descriptions do not use this kind of term unless the coin has a mintmark and the search engines do not translate the string into a Philadelphia Mint coin. The best way to get around this is to search for "1937 not 1937-". Here, using the NOT operator, you are looking for all 1937 dated coins whose descriptions do not contain the string "1937-" Since Heritage describes all mintmarked coins with a dashed, this string is the equivalent of saying that you are looking for any 1937-dated coin without a mintmark.


  • Avoid punctuation marks unless required.
    Don't use commas, periods, dashes, etc., unless required - such as in a date/mintmark combination like 1883-CC or 1909-S.


  • Use accurate search words.
    1. Date/mintmark combinations should be separated by dash (1909-S, 1883-CC, etc).
    2. Grades should be prefixed appropriately (MS65, AU58, XF45, PR69, etc).
    3. Grading services should be entered exactly (PCGS, NGC, ANACS, ICG, etc).
    4. Grading suffixes must be abbreviated properly (RD, RB, BN, FB, FS, etc.).
    5. Judd/Pollock/Overton/Sheldon/Newcomb numbers should be entered as J-xxxx / P-xxxx / O-xxx / S-xxx / N-xxx.
    6. Charter/Friedberg numbers should be entered as Charter xxxx / Fr-xxxx.

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Numismatic Glossary:

KM Number: A catalog listing of the type of a world coin, found in the Standard Catalog of World Coins, by Chester L. Krause and Clifford Mishler, the K and M in question. KM numbers are used instead of referring to the world coin by the name of its type, such as a Queen Victoria Old Head Bronze Penny (KM# 790). KM numbers will often differentiate between several different types made during a year, something that becomes very important when dealing with a country that produces large numbers of commemoratives or two concurrent coins with the same face value.

Each country has its own series of KM numbers, which tend to be chronological according to the first introduction of a new type. KM numbers usually differentiate metallic content as well as type, and in some cases each mint producing an otherwise identical coin has its own KM Number.

Auction descriptions for world coins minted in the 17th century or later will invariably include a KM number if one is available for the coin in question. However, while US coinage does have KM numbers (the copper-plated zinc Lincoln Memorial Cent, introduced in 1982, is KM# 201b), this listing is virtually never used on sales taking place within the US.

Other cataloging systems for world coins exist, including the older Y#, from R. S. Yeoman's (insert title here), Davenport numbers for Crowns and Talers, Pick numbers for world currency, Sear numbers for ancients, and Seaby numbers for British coinage.

Tombac: A kind of brass used to produce Canadian five cent pieces during World War II. Much like the United States, Canada needed nickel, a very hard metal for its war effort during World War II. However, rather than following the United States' lead and switching to silver, Canada chose to use a golden-brass alloy called Tombac in 1942 and 1943. These coins are much lighter in color than their bronze cent counterparts, and even worn pieces tend to be only softly toned.

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Announcements

Summer Interns Wanted!

Heritage Rare Coin Galleries and Heritage Numismatic Auctions, Inc. are now accepting applications for interns for next summer. Here's your chance to work for the world's largest Rare Coin Dealer. If you are at least 18 years old, attending school and have a good background in numismatics, then join us in Dallas for the summer! Contact Paul@HeritageCoin.com with an informal resume of your experience and any accomplishments in numismatics.

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Coin Club Outreach Program

In a move to help strengthen the coin hobby and increase membership in America's coin clubs, Heritage has created the Coin Club Outreach program.

The Coin Club Outreach program features a speaker's bureau to deliver presentations at coin club meetings, promotional items to be offered to clubs to help generate revenue and enlist new members, and access to the Heritage website and mailing list of over 100,000 active coin and currency enthusiasts. Anyone interested in scheduling a speaker for a coin club or other collector group is invited to contact:

David Lisot, Director
Heritage Coin Club Outreach
DavidL@heritagecoins.com
1-800-872-6467 ext. 303

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Heritage Interactive
Instant Quiz

NEW: Instant quizzes and polls twice a week at www.heritagecoins.com!

Answer these quick questions and see how you stack up against your peers.

1. Which of the following terms does not usually refer to a gold coin?
       Doubloon
       Ducat
       Louis d'Or
       Piece of Eight
       Sovereign


2. What is the date of the coin pictured in this Pan and Zoom close-up?

       1865
       1866
       1867
       1883
       1892



Last week's questions:

1. Who is depicted on the obverse of the Stone Mountain Half Dollar?
Correct Answer: Robert E. Lee and Stonewall Jackson (59%). Lee and McClellan were depicted on the Antietam Half Dollar.

2. In what language is the obverse inscription on circulating British coinage?
Correct Answer: Latin (56%). Latin was used on coinage virtually everywhere 200 years ago (indeed, current US coinage still bears the motto "E Pluribus Unum"), but British coinage continues to use only the inscription "Elizabeth II Dei Gratia Regina Fid Def" or more often an abbreviated version, which has been common with Latin inscriptions since Roman times. Interestingly, nowhere on current British coinage is the country of issue identified in any way; the abbreviated "BRITT OMN" was removed after 1953.

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Is It Time To Sell?

The Beach is Long, and the Time is Right

As official auctioneer of the Long Beach Coin and Collectibles Expo, we've been proud to sell over $30 million in great coins already this year. Rarities such as an uncirculated 1794 Dollar, a 1838-O Half Dollar, and the finest known British 1643 Charles I Triple Unite have made headlines throughout the numismatic world.

Now, once again in September, Heritage is proud to bring more great US coins, World Coins, and Currency to our finest customers through the proven venue of the Long Beach show. We are thrilled to have outstanding collections of Colonial coinage, Half Dimes, Washington Quarters, and Illinois Nationals, as well as numismatic Washingtonia, already consigned to these auctions. If you have material to sell, give us a call and take this opportunity to participate in these auctions. The time is right!

Where else can you reach a base of over 150,000 registered Internet bidders from all over the world, as well as an appreciative audience of collectors and dealers on site at the show - in the midst of one of the hottest numismatic markets we've ever seen? Contact us today, and find out how we can help you get the most from your material.

The consignment deadlines are August 4 for Currency and World Coins, and August 11 for US Coins. Call us today to ensure that you can take full advantage of this opportunity!

2005 September Long Beach Signature Auction
Sale on September 21 to September 24, 2005
Consignment Deadline: August 11, 2005

2005 September (CAA) Long Beach Signature Auction
Sale on September 23 to September 24, 2005
Consignment Deadline: August 4, 2005

2005 (HWCA) Long Beach Signature Auction
Sale on September 21 to September 24, 2005
Consignment Deadline: August 4, 2005

Leo Frese
Director of Consignments
Leo@HeritageCoins.com
1-800-US-COINS ext. 222 (24 hour voice mail)

Interested in Selling?
What's My Coin Worth?
Get the Most Money for Your Collection
Consign to a Heritage Auction

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Current Auctions

Internet
Only
Auctions


Rare Coins
Closes Tue. June 21
at 10:00 PM
View Lots
Rare Coins
Closes Sun. June 19
from noon to 10:00 PM
View Lots
Rare Currency
Closes Thur. June 30
at 10:00 PM
View Lots

Rare Coins
Location: New York, NY
Auction: 2005 New York, NY Signature Auction #380
Auction Dates: June 29-30, 2005
Note: Internet Absentee Bidding Ends at 10 PM CT the night before the floor session of any particular lot.
Browse Lots by Category

HeritageSportsCollectibles.com
Sports cards, autographs, collectibles, and more...
Closes Sunday, June 26, 2005 at 10:00 PM
View current auctions.

HeritageMoviePosters.com
Movie posters, lobby cards and more...
Closes Sunday, June 19, 2005 at 10:00 PM
View current auctions.

HeritageComics.com
Comics, comic art and more...
Closes Sunday, June 19, 2005 at 10:00 PM
View current auctions.


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Weekly Specials

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