Coins/Currency - Comics - Sports - Movie Posters - Fine & Decorative Arts - Americana - Autographs - Entertainment Memorabilia
December 2, 2005
This Week In Coin & Currency News
The #1 All-Time Finest Collection Of Mercury Dimes
Heritage Internet Currency Auctions Now Held Weekly!
A World of Money: King Edward VIII Threepence
Seldom Seen Selections: 1817/4 Capped Bust Half Dollar
Found Treasures: The Local Print Shop
Website tips: Cookies
Numismatic Glossary
Help Wanted: Numismatist
Heritage Offers Huge Discounts on NumisMedia Guides
Around Heritage Galleries
Coin Club Outreach Program
Instant Quiz: Test your numismatic knowledge
Is It Time To Sell? 2006 February Long Beach, CA Signature Auction
Current Auctions: 2005 December Dallas Signature Auction, 2005 December Dallas Online Session, Exclusively Internet Auction, Continuous Internet Auction, Internet Currency Auction, Fine Art Monthly Auction, Amazing Sports Auction, Internet Movie Poster Auction, Amazing Comics Auction
Weekly Specials: Don't miss out on a great deal

Announcements

Heritage Internet Currency Auctions Now Held Weekly!

Heritage Currency Auctions of America (CAA) has announced that beginning on December 1, 2005, its Internet Currency auctions, formerly held on a bi-monthly basis, will move to a weekly frequency.

This is a very exciting move for us, based entirely on increased demand from our ever-expanding client base. In the current hot numismatic market, this change to weekly Internet auctions will allow currency collectors even more opportunities to add fresh notes to their collections.

As of December 1, 2005, CAA's Internet Currency Auctions will open and close every Tuesday evening at 10 PM CST at www.HeritageCurrency.com.

"Additionally, I'd like to let everyone know about Heritage Currency Direct," enthuses Michael Moczalla, Consignment Director for CAA. "This is an opportunity for collectors to buy fixed-price notes directly out of the inventory of the world's largest currency dealer. From Colonials to modern Small Size types, it's all here, all competitively priced for immediate sale. And of course, every note sold is backed by our seven day, no hassle return privilege, because our client's satisfaction is our foremost goal."

Prospective consignors and sellers of currency and related material are invited to call Mike Moczalla at 1-800-872-6467, ext. 481, Jim Fitzgerald at 1-800-872-6467, ext. 348 or Dustin Johnston at 1-800-872-6467, ext. 302 to discuss their holdings. Or visit www.HeritageGalleries.com and click on the "Sell Now" tab. Or simply email Michael Moczalla at MichaelM@HeritageGalleries.com, Jim Fitzgerald at JimF@HeritageGalleries.com or Dustin Johnston at DJohnston@HeritageGalleries.com.

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Collector News
The #1 All-Time Finest Collection Of Mercury Dimes
The Larry Shapiro Registry Collection of Mercury Dimes, currently ranked as the Finest All-Time Collection in five different categories by PCGS, will by auctioned in Heritage's Signature Auctions at the Florida United Numismatists convention, January 3-7, 2006 in Orlando.

This is simply an astonishing collection. Mr. Shapiro's success in procuring Dimes of the highest quality in this important series is plainly evident in his PCGS All-Time rankings:

  • #1 Mercury Dimes Date Set, Circulation Strikes (1916-1945)
  • #1 Mercury Dimes FB Date Set, Circulation Strikes (1916-1945)
  • #1 Mercury Dimes Basic Set, Circulation Strikes (1916-1945)
  • #1 Mercury Dimes FB Basic Set, Circulation Strikes (1916-1945)
  • #1 Mercury Dimes with Varieties, Circulation Strikes (1916-1945)

Plus, the set is highly ranked in other categories as well.

Larry Shapiro started collecting Mercury Dimes at the age of eight, when he was given the privilege of searching through roll after roll at the coin shop of his Little League coach, Jonathon Hefferlin of Jonathon's Coins in Los Angeles. Over the years, Mr. Shapiro completed several sets, and ultimately started having his snow-white Gems certified. He also began traveling to shows and auctions across America to complete his primary set in the highest grade possible. His results are notable!

Highlights from The Larry Shapiro Registry Collection include:

This auction will open for bidding soon at www.HeritageGalleries.com/Coins.

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A World of Money: King Edward VIII Threepence

Heritage will offer a prototype 1937 King Edward VIII brass threepence, listed in Peck as "Probably Unique," in our upcoming HWCA Signature auction, to be held January 8 & 9 in New York City.

This is one of the greatest of all modern British coin rarities, struck for the abdicated Edward VIII, who gave up the throne for love and married the American Wallace Simpson. After the much-publicized abdication, the pair became international celebrities as The Duke and Duchess of Windsor. This pattern is so ultra rare that, much as he tried, the Duke never managed to obtain a specimen for his own collection.

Originally intended for use in transport, as bus fare for example, this piece displays a fascinating die-combination, featuring the stark left-facing portrait of the king on the obverse, engraved by T.H. Paget, signed 'H.P.' This is mated with a reverse design modified by Percy Metcalfe after sketches originally submitted in June 1936 by Miss Frances Madge Kitchener, niece of military hero Lord Kitchener. Miss Kitchener's conception for the coin, introduced as a type in this pattern, was for a sideways-appearing trio of thrift, or thistle plant, flowers atop curling tendrils. The idea for the reverse motif surely had been borrowed from the 1928 Irish Free State coinages which introduced the use of 'native flora and fauna' for reverse designs in place of the traditional royal insignia, and in subsequent commercial versions the coin proved popular, useful and durable. Two models of this were prepared in 1936 but abandoned as overly ornate, in favor of a less realistic or more deco-styled image of the plant, but showing fuller flowers, which was finally adopted for the brass coinage of George VI later in 1937.

The 12-sided edge is plain, with a raised and squared-off set of rims. This is the prototype for this then-new coinage, the final version of the brass pattern struck in tiny numbers for King Edward VIII but abandoned at his abdication. As well, this extraordinary coin is not the usual frosted 'bright brass' version but an even rarer Matte Proof and, as Peck noted, 'probably unique' as such. This is a major collecting opportunity to own the rarest of the rare, a coin which belongs in a museum as it is a national treasure.

Bidding for this auction will begin in early December at HeritageGalleries.com/coins.

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Seldom Seen Selections: 1817/4 Capped Bust Half Dollar
A newly discovered numismatic rarity - the eighth known example of the Overton-102a variety of the 1817/4 Capped Bust Half Dollar - will be offered by Heritage in our official January 3-7 Florida United Numismatists Signature Auction. The coin was unearthed by contractor George Williams, while raking fill dirt in upstate New York. It is considered the second finest survivor of the eight known examples. The discovery of this coin was reported only last month, in the October 24, 2005 edition of Coin World.

Williams had ordered a load of fill dirt to backfill around some foundation work he was doing, and was raking the soil when he heard a 'clink.' His son Nial, 8, turned the hose on the coin and revealed the date. Williams' fourteen year-old coin-collecting son, Cullinan, was ready with his "Red Book" when Dad arrived home that night with the coin. Searching on the web revealed more details about the rare overdate as the entire family became increasingly excited about the find. Williams drove the coin to ANACS, but a final determination had to await ANACS consultations with their experts at the Long Beach Coin Show.

The discovery coin has now been authenticated and certified by ANACS as having XF40 details with some corrosion from what could well be nearly two centuries in the soil. An NGC VF20 example sold in July for $193,359 in a Sheridan Downey auction, and the finest known example, graded AU50, sold last year for $333,500.

Heritage is incredibly pleased to be offering this exciting coin. FUN is a great venue for selling rarities, and the Bust Half Dollar specialists will be our in force in Orlando to pursue this extraordinary find. We can imagine that numismatists across America will be thinking about their gardening chores in an entirely different light after this coin sells.

Bidding for this auction will begin in early December at HeritageGalleries.com/coins.

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Found Treasures: The Local Print Shop
by Stewart Huckaby

It would come as a surprise to many people, I think, to learn that those of us who work at Heritage have a life outside the office. However, it would come as a surprise to exactly nobody who knows me to learn that my life often consists of doing things related to numismatics outside the office. I've been known to get in the car literally at an hour's notice in order to drive to a coin show several hundred miles away; in fact, I surprised some of the folks here when I turned up at this spring's ANA convention in Kansas City on my own dime. Roosevelt dime, that is.

So, when some of the local coin clubs put together a field trip to the Fort Worth facility of the Bureau of Engraving and Printing last Friday during the long holiday, I was all over it. I've been to several mints, but have never previously been to the currency production facility in my own back yard. John Post, President of the Mid-Cities Coin Club and organizer of this outing, had left a message with me about the tour being at 10:30 AM, and, "You know where it is."

I thought I knew where it was, at least, and was fortunately in the right general area when I had to stop and ask for directions, eventually arriving about five minutes before the tour was expected to start. In today's post 9/11 culture, a government facility involved in the manufacture of money is surrounded by very high security, so visitors are expected to remove all metal items, stand in a booth to be scanned, then ride a shuttle for the 300 yards or so to the main entrance of the facility.

The Fort Worth BEP Facility is quite new, and the visitor center, where the bus leaves you and all tours depart, is even newer, with quite a number of exhibits and even a video or two on the history of paper money and money in general. Exhibits are designed for people without a background in numismatics or currency collecting, but they're interesting for anyone.

The actual tour is somewhat reminiscent of what you'll experience if you go to the Philadelphia Mint, in that there is an enclosed walkway that takes you above the production floor where you can watch the money being made. Here, however, the tour is guided, and the guide does an excellent job of explaining the process of printing, checking, cutting, and shipping the currency, something that is far more complex than it sounds. No, there were no free samples, and yes, someone asked. This facility prints every denomination up to $50 including the seldom-seen $2, and we saw ones, twenties, and fifties being printed.

Like virtually any tour of this kind, it ended in the gift shop, where you can purchase uncut sheets of currency, specially packaged Star Notes, or even Proof Sets in as much quantity as you wish to buy. My family is probably now expecting their Christmas gifts to either be or be wrapped in uncut sheets of paper money. Sorry, guys, I didn't buy any of that... this time...

If you choose to go, the Fort Worth Bureau of Engraving and Printing facility is located at 9000 Blue Mound Road in Fort Worth, TX, north of downtown, and a little west of the junction of I-35W and US 287. Tours are guided, but it did not appear that reservations were necessary for small groups, as we had a number of tourists with us as we viewed the facility. For more information you can call 1-866-865-1194 (toll-free) or visit the BEP's website at www.moneyfactory.com.

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Website Tips: Cookies

You may have noticed that the Heritage website, www.HeritageGalleries.com, is always able to keep track of you once you've logged in. For security reasons, this is done with cookies, small pieces of data that are usually stored as files in your system, but that in this case are stored within your application's memory. For the vast majority of Heritage customers, this works without a hitch.

However, for some people, this system may prevent them from being able to log into the website and using features such as MyBids, MyInvoices, and the Permanent Auction Archives. Most of the time, this will happen because the user's cookie settings are too restrictive. Bidding is NOT affected.

To change your settings on Internet Explorer version 6.0, choose Internet Options from the "Tools" menu. From there click on the "Privacy" tab.

You will see a dial that will allow you to set your cookie privacy settings for all sites. In general, the Heritage site will work if your settings are set to Medium.

If this doesn't work, or if you wish to have more stringent settings and still be able to fully use the Heritage website, click on the "Sites" button above. Here, enter the website you wish to allow content from, such as "heritagegalleries.com". DO NOT use the "www" or any other prefix! Once you've entered the name of the website, click on "Allow".



The procedure from AOL browsers and from Internet Explorer version 5 is very similar to the above, although you will need to change your settings through the "Security" tab rather than the "Privacy" tab. However, we've found that some people have simply not been able to set their browsers no matter what settings they change, and that Compuserve users are hit particularly hard. In this case, we recommend using a different browser than what you're accustomed to. For example, if you're a Compuserve or AOL user and changing your settings does not work, you can still connect to the Internet normally, but once connected you should use Netscape or Internet Explorer to access the Heritage site.

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Numismatic Glossary:

Collar: A device used to position a planchet on a lower or anvil die. A closed collar surrounds the lower die and provides texture (or the lack thereof) to the edge during the striking process. An open collar merely positions the coin on the lower die and assumes that any edge texture has already been provided. Striking errors may result in or from broken collars.

Elongate: A coin that has been rolled through two roller dies in order to impart a new design to one or both sides. This process stretches the coin so that it becomes long and oval in shape. In the US, cents are most commonly elongated because of their low face value, although the process can be and has been applied to coins up to the size of a silver dollar. Machines to elongate cents are very common in tourist areas, allowing people to buy inexpensive souvenirs often for under a dollar. Designs are usually commemorative in nature, although advertising, personal messages, and even the Lord's Prayer may show up on these coins. Although there are collectors who avidly collect these pieces, most have very little value.

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Announcements

Help Wanted: Numismatist

Heritage Rare Coin Galleries, Dallas, Texas is seeking a talented numismatist for our sales department. Duties include assisting dealers and collectors and auction consignors in person and by telephone, evaluating prospective purchases, in Dallas and shows and conventions. Salary commensurate with numismatic skills and sales experience.

Please contact Paul Minshull at Paul@HeritageCoins.com with your background and experience.

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Heritage Offers Huge Discounts on NumisMedia Guides

As a valued Heritage client, we wanted to let you know about the special discounts we have negotiated with NumisMedia for you. We believe you'll find these guides to be an indispensable coin-pricing resource. Heritage, along with many other numismatic insiders, consider NumisMedia to be the most accurate rare coin pricing source available anywhere.

NumisMedia Online Dealer Price Guides - Market, PCGS, and NGC Prices:
Just $120 per year. Order NOW!

NumisMedia presents NGC and PCGS Dealer Wholesale Prices representing dealer bid prices, and is available to dealers. In subscribing to the NGC/PCGS Wholesale Prices, you will also have access to the NumisMedia Market Prices, dealer to dealer trading prices based on sight-seen trades from activity throughout the country.

Bonus: In addition, subscribers to the Online Dealer Price Guides will receive a copy of the Fair Market Value Price Guide each month and gain access to the Online Fair Market Value Price Guide. This is an additional $96/year value.

NumisMedia Monthly FMV Price Guide:
Just $17 for 3 months. Order NOW!

The NumisMedia FMV Price Guide is a monthly publication with concise listings of the most recent Fair Market Value prices for coins offered by dealers in the numismatic community. The Fair Market Value prices listed represent accurately graded, sight-seen coins that are accepted by a majority of the dealers across the country.

There are over 40 pages of VF through MS67 listings in the following categories: Flying Eagle Cents, Indian Cents & Lincoln Cents (1909-1933) Brown, Red & Brown, and Red; Buffalo Nickels; Barber Dimes, Quarters, & Halves; Mercury Dimes (incl. Full-Bands); Walking Liberty Halves; Morgan & Peace Dollars; $1 Gold through $20 Gold; & Gold & Silver Commemoratives. The balance of U.S. coinage is available in our online price guide with your paid subscription.

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Around Heritage Galleries

An Exciting Auction of Important Political Memorabilia & Americana!

Heritage Slater-Americana (HSA) will present an auction of rare and desirable Political Memorabilia and Americana December 15 & 16, 2005 in their Dallas, Texas headquarters.

"I'm very excited about this auction," said Tom Slater, Director of HSA, "as each one that we hold just gets bigger and better. The interest in Political Memorabilia and Americana continues to grow, with more and more exciting material finding its way into the marketplace. Packages show up on my desk almost every day filled with material I have never before. It's an exciting feeling, akin to what a paleontologist must feel when discovering a new species of dinosaur."

"One of the best examples of this type of rare material," Slater continued, "is the trio of Amelia Earhart personal artifacts we're offering in this auction. From the estate of Mariette Lydis, a close personal friend of Earhart's, comes the famed flyer's goggles, leather flying cap and aviator's jacket. Earhart material is incredibly scarce, especially personal material that was actually flown. This museum-quality collection of items is sure to cause serious bidder interest."

"Political buffs won't want to miss the exceptionally rare Cox/Roosevelt Jugate pinback being offered," said Slater, "without a doubt one of the scarcest political buttons in the hobby. As far as jugate collectors are concerned, this is the 'holy grail,' that one elusive piece that most collectors need to complete their set of campaign buttons. By the time this button was ready for production, it was clear that the Cox/Roosevelt ticket was doomed, so funds for 'luxury items' like pins quickly dried up. Therefore, only a handful of manufacturer's samples survived to the present day. The scarcity of this variety cannot be overstated."

"In our April, 2005 auction, we sold an important Abraham Lincoln 1864 portrait banner for $51,750. A spectacular item that was the object of exceptional interest, astute collectors know just how scarce these desirable parade banners are. Of the thousands produced, only a handful have survived, and most of those are permanently ensconced in institutions. We're delighted to offer another outstanding specimen in this auction from an even earlier campaign, this one from the 1860 contest that first saw Lincoln's election to the White House. Hand-painted, it is interesting to note that this was actually a recycled John Fremont banner from 1856, with Fremont's name painted out and Lincoln's name inserted. This was a common practice at the time, and just adds to the historical importance of this great piece."

"Of course, these few highlights barely scratch the surface of this exciting auction," said Slater. "I'd urge anyone with even the slightest interest in American history to browse the auction on our website at HeritageGalleries.com/Americana, where you can very simply register and bid on items. Of course, if you can come to Dallas and participate in the live auction, that's even better!"

This auction is open for bidding now at HeritageGalleries.com/Americana.

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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 150,000 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. For how many years did the US Mint make two kinds of three cent pieces, two kinds of five cent pieces, and three kinds of dollars simultaneously?
0
1
7
8
9


2. What was the last year the Large Cent carried a Lettered Edge?
1793
1794
1795
1807
The Large Cent never had a Lettered Edge



Last week's questions:

1. Which was the last circulation strike small cent to have a mintage of less than 10 million?
Correct Answer: 1933-D (28%). The 1931-S, minted only two years earlier, had a mintage of under a million.

2. What is the coin depicted in this Pan and Zoom closeup?

Correct Answer: Booker T. Washington Half Dollar (30%).

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Is It Time To Sell?

At the Beach in February

  • $18.5 Million Realized in February
  • $13 Million Realized in June
  • $22 Million Realized in September

These were the results of Heritage's Long Beach Auctions in 2005. How well will these auctions do in 2006? We can't wait to find out.

Heritage's long-time status as the Official Auctioneer of the Long Beach Coin and Collectibles Expo has proven time and again to bring the finest results to our consignors. Call today and find out how you can take full advantage of an outstanding regional show with buyers that are ready to pay top dollar for your outstanding material. And, of course, when you consign you will receive every advantage that all our consignors receive with our over 200,000 registered bidder-members and our unparalleled worldwide reach through the Internet.

Call our Consignor Hotline at 1-800-US-COINS x222 today to find out how you can receive the highest possible return for your coins!

2006 February Long Beach Signature Auction
Sale on February 8, 2006 to February 11, 2006
Consignment Deadline: December 29, 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. Dec. 6
at 10:00 PM
View Lots
Rare Coins
Closes Sun. Dec. 4
from noon to 10:00 PM
View Lots
Rare Currency
Weekly Format
Closes Tues. Dec. 6
at 10:00 PM
View Lots

Rare Coins
Location: Dallas, TX
Auction: 2005 December Dallas Signature Auction #398
Auction Dates: December 13-14, 2005
Note: Internet Absentee Bidding Ends at 10 PM CT the night before the floor session of any particular lot.
Browse Lots by Category

Rare Coins
Location: Dallas, TX
Auction: 2005 December Dallas Online Session #399
Auction Dates: December 19, 2005

HeritageGalleries.com/FineArt
Paintings, Silver, Art Glass and Antiques and more...
Closes Wednesday, December 28, 2005 at 10:00 PM
View current auctions.

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

HeritageGalleries.com/MoviePosters
Movie posters, lobby cards and more...
Closes Sunday, December 4, 2005 at 10:00 PM
View current auctions.

HeritageGalleries.com/Comics
Comics, comic art and more...
Closes Sunday, December 4, 2005 at 10:00 PM
View current auctions.


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Weekly Specials

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