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Coins
  This Week In Coin News
 
August 4, 2012

Long Beach World Coin Auction now open; Previews in Philadelphia
First Winners of Quarterly Young Numismatist Essay Contest
Website Tips: 360 Degree Views
This Week's Top Ten
Reduced Auction Commissions When You Resell Your Winnings!
Employment Opportunities
Around Heritage Auctions
Instant Quiz: Test your numismatic knowledge
Is It Time To Sell? October US Coins Signature Auction
Current Auctions: 2012 August 2-5 US Coins Signature Auction - Philadelphia #1173, 2012 September 5 The Shoshana Collection of Judean Coins Part 2 Signature Auction - Long Beach #3018, 2012 September 6-11 Signature World & Ancient Coin Auction - Long Beach #3020, Internet Coin Auctions


  Collector News

Long Beach World Coin Auction now open; Previews in Philadelphia

Argentina: La Rioja gold 8 Escudos 1832
Argentina: La Rioja gold 8 Escudos 1832
We are pleased to present our September Long Beach Signature Auction for World and Ancient Coins. This official auction of the Long Beach Coin Expo is scheduled for September 6-11 in Long Beach and worldwide via HA.com/Coins.

Our World and Ancient Coin auction, as has become tradition, features a wonderful selection of Latin American coins from Argentina to Mexico, and from Peru to Brazil. There are three golden "Sunface" 8 Escudos going under the hammer (including an MS63!). Over 250 lots from Brazil are offered, including an amazing group of silver 640 Reis (from the Santana Collection), amongst which are an extremely rare 1816-B specimen and all of the 5 dates struck at the Minas mint including the ultra-rare, one-year type 1818-M. We also feature a very interesting group of gold coins from South America's largest country including a nearly unique 4000 Reis of 1820 struck at the Bahia mint. Our group of Cuban coins, although just 50 lots or so, is nothing short of amazing with every 1915 Proof issue, including the 20 Pesos in PF65 Cameo! From Mexico, several pre-1750 8 Escudos are offered, in addition to over 150 lots.

Henry VIII Sovereign
Henry VIII Sovereign
From Europe, once again our offering of British coins is truly amazing with over 600 lots. Collectors of British coinage will enjoy reading Mr. Bruce Lorich's brilliant descriptions and will certainly be able to find one or several pieces to add to their collections. Special attention should be paid to one of the most beautiful Henry VIII Sovereigns we have seen. France and Germany are both well represented with 150 and 250 lots respectively. Russia, which continues to move back up in value, has 239 lots with high grade proof issues, Gem gold and platinum, and rare medals.

From the Asian continent, we present 250 lots from China, which, despite a recent correction in value, continues to be the central area of interest in Asian numismatics. India, which is growing steadily in strength, is represented by nearly 100 lots with some very interesting proof pieces in Gold and Silver.

Finally, from the grand continent of Africa, we have a beautiful group of South African coinage including Gem Ponds and better silver issues.

Long Beach will also feature our inaugural World Paper Money Signature Auction, scheduled for September 6-10, and Part 2 of the Shoshana Collection of Judean Coins, scheduled for September 5. Between these three auctions, there are over 7,500 lots from around the world for your bidding pleasure. Collectors of US coins need not worry — we have 4,500 lots of US material already in house for this September 5-9 auction, with more still coming in.

We will be previewing about 200 highlights from our Long Beach world coin and currency auctions at the upcoming Philadelphia ANA convention. If you are attending, come by, view some lots, and say hello!

Our Long Beach world coin and currency auctions are open for bidding now at HA.com/Coins and HA.com/Currency.

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First Winners of Quarterly Young Numismatist Essay Contest

In mid-June, Heritage Auctions announced a quarterly essay contest to encourage and support young numismatists and budding authors. The first winners were announced in late July. Contest rules can be found at HA.com/YNessay.

"It was our intention to select our first winning essay in October, but we received so many fine entries that we were able to award the first set of prizes now. In fact, our first essay was received within 24 hours of our announcement! Our winner, 12-year old Taylor Webb of California, entered his "Mentors of Numismatists", describing the many kind people who have helped him develop his keen interest in rare coins. Taylor won $750 in ANA credits (for ANA YN Dollars to be used in any ANA YN auctions; toward ANA bookstore purchases; for ANA YN Correspondence Courses (scheduled to start in late 2012); or ANA Summer Seminar tuition costs), plus dues for his local coin club and ANA YN membership. Taylor's essay will also be printed and distributed to every numismatic shipment sent by Heritage for the next quarter, so tens of thousands of collectors will have the opportunity to read it! Taylor reminds us that there are very few current collectors who didn't receive help, guidance, and sometimes coins when first starting out."

"We also selected three Honorable Mention winners," added fellow contest judge Stewart Huckaby," who will each receive $50 plus ANA YN membership. We were so impressed with these efforts, plus they will still be eligible for winning the next quarterly contest. Kyle Woolard of Ontario, age 15, wrote about the joy of discovering an "Ancient Silver Coin Found in Junk Coin Box." Chelsea Blair of California, age 10, described the "The Wonder Of Coins" and the discovery of a proof 1973-S quarter in a roll. Adriana Tsang of Massachusetts, age 8, explained that "I Love Butterflies!" and how growing butterflies in her backyard led to discovering butterflies on world coins.

Contest judge John Dale Beety was especially impressed with the age of the entrants and the work they produced: "Steve Ivy started as a Young Numismatist. Jim Halperin? A Young Numismatist. Greg Rohan? Another YN. And I started as a Young Numismatist. All of us know the importance of encouraging young collectors. As I read through the essays submitted for the contest, every one was a reminder of where I began with the hobby. And encouraging new generations of collectors is just as much a responsibility as taking proper care of the coins and notes."

Concluded Korver: "A large part of the joy of reading these essays comes from the realization that with a little effort by all of us, a new generation interested in numismatics is waiting to be cultivated and grow. There are teens — and pre-teens — out there waiting for an adult to step up with guidance and support. I am especially appreciative of Heritage's sponsorship of this effort, and the ANA's complete cooperation in distributing the prizes. Even the Boy Scouts of America are publicizing the contest on their website. We ask every experienced collector to help this effort by making young collectors — or potential collectors — aware of this contest."

Essays should be emailed to Korver@HA.com, or mailed to:
Bob Korver (YN Essay Contest), Heritage Auctions, 3500 Maple Ave., Dallas TX 75219

We will print the winning essay in Heritage Coin News next week!

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Website Tips: 360 Degree Views

360 Degree Views

Have you seen our 360 Degree View feature for many of our featured coins? You can now inspect items from all sides before placing your bid!



For coins, the 360 degree view shows the coin being tilted under a light. This allows you as a potential buyer to see the bands of luster on the coin directly; you need no longer rely on still images. Other collectibles, such as some of the costumes in our recent Entertainment auction, may rotate the entire item so that you can see all sides.

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This Week's Top Ten

Aruba: Dutch Colonial gold 50 Florin 1991
Aruba: Dutch Colonial gold 50 Florin 1991
The ten countries whose coins are least likely to appear in a Heritage auction... so far:
  1. Aruba
  2. Marshall Islands
  3. Pitcairn Islands
  4. Tokelau Islands
  5. Armenia
  6. Qatar
  7. Slovenia
  8. Alderney
  9. Slovakia
  10. Tristan da Cunha

Must have appeared in a Heritage at least once!

Do you have a suggestion for a future top ten list? Send it to us!

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  Announcements

Reduced Auction Commissions When You Resell Your Winnings!

When you win any lot worth with a hammer price of $1,000 or more (or $2,500 for Art and Natural History lots), you will receive a coupon that entitles you (or your heirs) to re-consign that lot to Heritage at a reduced seller's commission. Selling through Heritage is a convenient and hassle free way to maximize your return (find out why). Maybe you'll need to make room in your collection for something better, perhaps your collecting tastes will change, or maybe it will be your heirs that benefit; but be sure to save the coupon, which could be worth hundreds or thousands of dollars.

  • Coins: 0% Seller's Commission for all items $1K or more.
  • Comics: 50% of the usual Seller's Commission for all items between $1K & $10K, and 0% for items $10K and over.
  • All Other Categories: 50% of the usual Seller's Commission for everything else over $1K ($2,500 for Art & Natural History).

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  Employment Opportunities

As the fastest growing American-based auction house, financially rock-solid Heritage Auctions continues to grow and seek the best talent in the industry. If you are a specialist or have strong general collectibles knowledge, we want to hear from you. These specialists will, in some cases, head new departments and in others will enhance existing department expertise. We have positions open at our headquarters in Dallas as well as at our new state-of-the-art galleries in prime locations in both Midtown Manhattan and Beverly Hills.

Heritage is seeking to hire the world's best specialists in the following categories:

  • 20th Century Design Specialist: Beverly Hills, New York
  • American Art Specialist: New York
  • Asian Art Specialist: Beverly Hills
  • European Art Specialist: New York
  • European Comic Art Specialist: Dallas, Paris
  • Fine Jewelry Specialist: New York
  • Firearms Specialist: Dallas
  • Modern & Contemporary Art Specialist: Beverly Hills and New York
  • Rare & Collectibles Wine Specialist: New York
  • Timepiece Specialist: Beverly Hills, New York
  • Trust & Estates Specialist: New York
  • World Coins Director: Hong Kong
  • World Paper Money Expert: Dallas/Remote

If you are interested and feel you have the qualifications we seek, please email your resume and salary history to Experts@HA.com.

We are also seeking to fill the following corporate positions:

  • Cataloger — Currency: Dallas/Remote
  • Cataloger — Fine art: Dallas
  • Cataloger — U.S. Coins: Contract, Remote
  • Client Services Representative: Dallas
  • Collections Supervisor: Dallas
  • Consignment Director — Currency: Dallas
  • Desktop Support: Dallas
  • Desktop Support Supervisor: Dallas
  • Digital Publishing Expert: Dallas
  • Graphic Designer: Dallas, Part-Time
  • HR Generalist/Recruiter: Dallas
  • Interns: Dallas
  • Inventory Control Clerk: Dallas, TX
  • Marketing Account Executive: Dallas, TX
  • Operations Assistant - Coins: Dallas
  • Operations Assistant - Comics: Dallas
  • Operations Assistant - Vintage Guitars: Dallas
  • Operations Assistant - World Coins: Dallas
  • Returns Clerk: Dallas
  • Shipping Associate: Dallas
  • Web Developer: Dallas

If you are interested in applying for one of these Corporate positions, please apply here.

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  Around Heritage
First Group Of Old Baseball Cards Found In Attic Brings $566,132 At Heritage Auctions

The first offerings from "The Black Swamp Find" of 1910 E98 baseball cards – the best near "Set of 30" ever found (realized: $286,800), the finest known Honus Wagner card of its kind (realized: $239,000) and the color variations set (realized: $40,332) – brought $566,132 combined on Aug. 2 as part of Heritage Auctions Platinum Night® Sports auction at Camden Yards. All prices include Buyer's Premium.

The "Black Swamp Find," a complete treasure trove of more than 700 well-preserved, century-old baseball cards – discovered in the attic of a Defiance, Ohio house earlier this year by cousins Karla Kissner and Karla Hench – has captured the attention of the world this summer, and with good reason.

"These cards could have landed in the trash with other items being tossed out by the family after the final relative living there passed away," said Chris Ivy, Director of Sports Auctions at Heritage. "Now it's valued at several million dollars and is widely considered the most significant find of vintage baseball cards ever. You have a better chance of winning the lottery than making a find like this."

The cards are all from a rare series known by collectors as "E98s" that were issued around 1910. The "Black Swamp" cards were acquired at the time for promotional purposes by Carl Hench, a German immigrant who owned Hench's Meat Market & Sausage Works in Defiance, which eventually became Chief Supermarket. His heirs were cleaning their late grandfather's house when they found the cards in a box under an old doll house in the attic.

"It might as well have been filled with gold," said Ivy, "which it was: Cardboard gold."

When they discovered them in the attic, Karla and Karl didn't know if the cards were genuine because they are smaller in size than modern cards and did not have players' statistics printed on the backs. Fortunately, they decided to keep them and started doing research about the cards. Now the 20 heirs will share the proceeds from sales of the cards, which will be ongoing by Heritage Auctions.

More information about sports memorabilia auctions.

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  Heritage Interactive
Instant Quiz

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

1. What is (a) "Pobjoy"?
       A) A piece of primitive money shaped like an 'X'
       B) A process used to scale a coin's design to a desired diameter
       C) A small gold coin used in India in the 17th century
       D) The director of the US Mint from 1862-1867
       E) The name of a private mint in the UK


2. What was the last year that rays were added to the reverse of the Seated Liberty half dollar?
       A) 1853
       B) 1854
       C) 1855
       D) 1873
       E) 1874



Last week's questions:

1. When was the last nickel struck for circulation in San Francisco?
Correct Answer: D) 1970 (29%).

2. Which of the following did the New Orleans Mint not produce in 1909, its last year of operation?
Correct Answer: E) Eagle (45%).

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  Is It Time To Sell?

Ten Reasons Why You Should Consign to Heritage's Official Auctions of the Fall 2012 ANA National Money Show in DALLAS

  1. Higher prices realized are the focus of everything Heritage does. Proven prices realized leadership means more dollars for YOU at settlement.
  2. YOU benefit from selling in Dallas, the numismatic capital of America.
  3. Unparalleled management continuity is why YOU can completely trust Heritage to deliver.
  4. Nothing matters more than our financial stability when YOUR check is due.
  5. Heritage's commitment to transparency inspires a worldwide level of trust that benefits YOU.
  6. Leading through statistics define bidder success on YOUR lots.
  7. More clients and more Internet visitors at HA.com focus more demand on YOUR lots.
  8. HERITAGE Live! puts YOUR lots in front of a new generation of collectors.
  9. YOU benefit directly from Heritage's highly effective — and global — marketing programs.
  10. Heritage has sold more than $350 million at our 42 record-setting prior Official ANA Auctions — experience YOU will benefit from!

2012 October 18-21 US Coins Signature Auction - Dallas
Consignment Deadline: September 4, 2012

2012 October 18-22 Currency Signature Auction - Dallas
Consignment Deadline: August 28, 2012

David Mayfield
Vice President, Numismatic Auctions
David@HA.com
1-800-US-COINS ext. 1000

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
Coin Auctions
2012 August 2-5 US Coins Signature Auction- Philadelphia #1173
Heritage Live Enabled
2012 August 2-5 US Coins Signature Auction- Philadelphia #1173
View Lots
Add to Calendar
2012 September 5 The Shoshana Collection of Judean Coins Part 2 Signature Auction - Long Beach
2012 September 5 The Shoshana Collection of Judean Coins Part 2 Signature Auction - Long Beach #3018
View Lots
2012 September Signature World & Ancient Coin Auction - Long Beach
2012 September 6-11 Signature World & Ancient Coin Auction - Long Beach #3020
View Lots
Sunday Internet Coin Auction Sunday Internet Coin Auction #131232
August 5, 2012
View Lots
Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131232
August 7, 2012
View Lots
Thursday Modern Coin Auctions Thursday Modern Coin Auctions #241232
August 9, 2012
View Lots
Weekly World Coin Auction Weekly World Coin Auction #231232
August 9, 2012
View Lots


Currency Auctions
2012 September 6-10 World Paper Money Signature Auction - Long Beach 2012 September 6-10 World Paper Money Signature Auction - Long Beach #3519
View Lots
Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141232
August 7, 2012
View Lots

Other Signature Auctions
2012 August 7 KidSwing Golf Tournament 2012 August 7 KidSwing Golf Tournament #515
View Lots
2012 August 14 Elvis Memorabilia Signature Auction - Memphis 2012 August 14 Elvis Memorabilia Signature Auction - Memphis #7068
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2012 August 19 Doodle for Hunger - Celebrity Art & Autograph Auction Benefitting St. Francis Food Pantries & Shelters 2012 August 19 Doodle for Hunger - Celebrity Art & Autograph Auction Benefitting St. Francis Food Pantries & Shelters #519
View Lots

Other Internet Auctions
Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161232
August 5, 2012
View Lots
Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151232
August 5, 2012
View Lots
Sunday Internet Comics Auction Sunday Internet Comics Auction #121232
August 5, 2012
View Lots
Weekly Internet Luxury Accessories Auction Weekly Internet Luxury Accessories Auction #251232
August 7, 2012
View Lots
Tuesday Internet Watch and Jewelry Auction Tuesday Internet Watch and Jewelry Auction #171232
August 7, 2012
View Lots
Thursday Vintage Guitar & Musical Instrument Internet Auction Thursday Vintage Guitar & Musical Instrument Internet Auction #181232
August 9, 2012
View Lots
Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201232
August 9, 2012
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Monthly Internet Wine Auction Monthly Internet Wine Auction #221232
August 9, 2012
View Lots

Auction Schedule | Order a Catalog

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