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Coins
  This Week In Coin News
 
September 8, 2012

Over $1.5 Million in Judaean Coins sell in Shoshana II Auction
Seldom Seen Selections: The Finest Known Specimen Strike 1794 Half Dime
Website Tips: How to enter individual coins into MyCollection
This Week's Top Ten
Reduced Auction Commissions When You Resell Your Winnings!
Employment Opportunities
Around Heritage Auctions
Instant Quiz
Is It Time To Sell? November - December US Coin Signature Auction
Current Auctions: September 6-9 US Coins Signature Auction - Long Beach, September 6-11 Signature World & Ancient Coin Auction - Long Beach, Internet Coin Auctions


  Collector News

Over $1.5 Million in Judaean Coins sell in Shoshana II Auction

gold Aureus of the Roman Emperor Macrinus, dated to 218 AD
gold Aureus of the Roman Emperor Macrinus, dated to 218 AD
A magnificent gold Aureus of the Roman Emperor Macrinus, dated to 218 AD, shattered pre-auction expectations, selling for $203,150 against a $40,000 estimate as a part of Heritage's auction of the Shoshana Collection of Judaean Coins, Part 2. Overall, this auction, held September 5 in conjunction with the Long Beach Coin and Collectibles Expo, brought prices in excess of $1.5 million, with post-auction buys continuing. All prices include a 19.5% Buyer's Premium.

Though not strictly speaking a Judaean-related coin, the brief reign of Macrinus took place entirely in the neighboring province of Syria. Macrinus assumed power after arranging for the murder of the hated previous emperor Caracalla. His reign was brief, lasting slightly over a year before he lost the support of the military and was executed. Gold coins of Macrinus are exceedingly rare, and this is a magnificent example, struck in high relief from dies of fine style and fully lustrous, grading choice extremely fine.

A superb year 4 silver shekel from the Jewish War (66-70 AD) sold for $65,725, more than doubling its pre-auction estimate of $30,000. Production of silver coins at the Jerusalem Temple appears to have dropped sharply in the fourth year of the Jewish War when supplies of precious metal dried up. While the number of recorded specimens for the first three years number in the hundreds, only 40 shekels are known from Year 4. The Shoshana Collection includes three year 4 shekels which number among the finest surviving examples. Two of these coins were offered in this auction, the other realizing $26,887.

bronze prutah from Mattatayah Antigonus (40 - 37 BC)
bronze prutah from Mattatayah Antigonus (40 - 37 BC)
A bronze prutah from Mattatayah Antigonus (40 - 37 BC), featuring one of the very few surviving images of the menorah of the second Jerusalem temple, also exceeded pre-auction expectations by selling for $56,762. At the time this coin was struck, the menorah and table were specific references to the Jerusalem Temple itself. It was only much later, after the Temple was destroyed by Titus in 70 AD that the use of the menorah as a symbol was expanded, and by the 4th-5th centuries AD the menorah had become a widely used symbol of Judaism itself, used on rings, seals, oil lamps, and synagogue decorations.

Silver selas from the 132-135 AD Bar Kokhba revolt proved very popular, as three such coins from the first year of the revolt crossed the auction block for prices exceeding $40,000. A superb example realized $59,750 (20130), while two examples grading Extremely Fine sold for $47,800 and $41,825 respectively. These rare coins are notable for their depiction of the holy ark within the Jerusalem temple.

A few of the many other highlights included:

Bidding remains open on the other Heritage Long Beach auctions, with US coins offered through Sunday, September 9; World Paper Money offered through Monday, September 10, and World and Ancient coins offered through Tuesday, September 11, with overall sales expected to exceed $17 million. Bidding on all of these auctions is available over the Internet at HA.com/Coins and HA.com/Currency.

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Seldom Seen Selections: The Finest Known Specimen Strike 1794 Half Dime

1794 H10C SP67 PCGS. V-3, LM-3, R.4 as a business strike, High R.7 as a Specimen. C
1794 H10C SP67 PCGS. V-3, LM-3, R.4 as a business strike, High R.7 as a Specimen. C
In our upcoming October 18-21 Dallas Signature Auction, we are privileged to offer the finest known Specimen (or Special Strike) certified of the 1794 half dime, one of the debut U.S. silver coin issues and the smallest silver denomination produced during the earliest days of the Philadelphia Mint. Four die pairings are known for the 1794 silver half dimes, but only a handful of examples of this first-year issue have been certified as Specimens at either PCGS or NGC. Besides being the finest certified at either service, this SP67 example is also the only Specimen in any grade at PCGS. NGC has graded four Specimen examples: two in SP64, one in SP65, one in SP66 .

The half dimes dated 1794 were known not to have been actually struck in that year — a frequent Mint practice in its early days. Despite the date, the dies were prepared in 1794 and laid aside until February 1795, when production began once a supply of silver planchets became available. The Mint reported the mintage of 1794- and 1795-dated half dimes combined at 86,416 pieces, the only two issues of the Flowing Hair obverse design.

Similarly, the half dimes dated 1796 and 1797 would also constitute a two-year subtype, the only issues of the Draped Bust obverse and Small Eagle reverse design.

As the United States' smallest circulating silver denomination and the first issue of the series, the 1794 half dimes' production was clearly an opportunity to strike off a few examples — likely on more than one occasion, certainly using more than one die pair — of special quality to commemorate the event. (No half dimes or any other silver coins were struck in 1793, and the 1792 half dimes were apparently struck in the cellar of the Philadelphia home of saw maker John Harper, at Sixth and Cherry streets before the U.S. Mint building was complete).

The Specimen strikes, simply put, present a different appearance from "ordinary" frosty Uncirculated Mint State pieces (although precious few of those survive among the 1794 half dimes). Even though there is a fine line among all early (pre-1830 or so) Mint products of any denomination certified as Specimen, one-sided proof, presentation piece, and the like, the Specimen strikes appear more reflective, the dies more polished, the strikes bolder than on Mint State coins, even though educated numismatists can (and do) quibble endlessly about the status of particular pieces.

As mentioned earlier, the present Specimen-67 PCGS coin is the sole Specimen or Special Strike certified at PCGS in any grade, and the appearance of this coin is equally remarkable for its strike, reflectivity, lack of contact, and overall quality. The planchet is essentially perfect, and there are no die clashes, mentionable contact marks, or other surface distractions that appear on either side. The dies on both sides were clearly fresh when this coin was struck, showing none of the die cracks that appear in later states on each side.

The strike is incredibly sharp. The detail on Liberty's hair and eye are sculptural, far more detailed than normally seen, showing the fine strands of hair along with a complete eyeball on Liberty; even the iris in the center of her eye is bold. There is perceptible reflectivity on each side, although moderately intense color subdues it a bit. It takes a strong loupe to find the two tiny horizontal planchet adjustment marks well-concealed in the hair. Nonetheless, it seems that the planchet was specifically chosen for its quality and lack of defects, and perhaps given a bit of extra polish before striking. The lower two-thirds of the obverse is mostly reddish-colored, with the upper portion light blue to sea-green. The reverse displays a reddish center bounded by blue at the margins. The only mentionable strike softness is minor weakness on the tips of Liberty's hair curls.

As the finest-graded Specimen 1794 half dime at either service (and in a higher grade than any business strike, for that matter), this is an offering of immense importance to specialists in early U.S. Mint coinage.

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Website Tips: How to enter individual coins into MyCollection

In order to enter a single coin into MyCollection, follow the following steps:

  1. Sign in to HA.com

  2. Put your mouse over "MyHeritage", available on any page on the Heritage website. A new menu will automatically open up; mouse over "MyCollection", and choose Coins.


  3. You will see a listing of all items in your MyCollection. Above this listing are three tabs. Choose "Add Item."



  4. There are several ways to enter coins into MyCollection. You will have the choice to enter a coin by coin type, by date/denomination, by scanner if you have a coin graded by PCGS, NGC, or ANACS; and manually. The easiest way to enter a US non-commemorative coin is to do so by date and denomination.


    If you want to enter a raw 1907 cent in VG-8 condition, enter 1907 as the date, and choose 1C in the drop-down box corresponding to the denomination. Leave the radio button for MS and PR selected as MS for this circulation strike coin. Choose the Collection you want the coin to go into. Then click on the "Go" button in the "By Date/Denomination" box.

  5. You will be brought to a table covering every coin fitting your description, here a 1907 cent designated RD (red), RB (red and brown) or BN (brown). Choose the check box next to the best description of your coin. In this case, it will be marked 1907 1C, BN, since coins of this grade tend not to retain any of their original red coloring. Choose the grade of your coin from the drop down box under the heading "Grade", in this case 8 for a coin in VG-8 condition. Since your coin is not in a slab, choose "Raw" in the drop down box under the heading "Service". Once you've made all your selections on this page, click on "Add Items".


  6. Voila! You will be able to see this coin and all other items in your collection, along with their Numismedia Wholesale value and population. You can make additional notes about your pieces by clicking on the description for any coin.

Of course, any coin that you have ever bought directly from Heritage will be automatically added to your MyCollection under a collection called "Coins from Heritage". You need do nothing more in order to have a complete listing of these coins, including purchase price and images!

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This Week's Top Ten

The eleven highest valued coins minted in the 18th century to sell in Heritage auctions:

1787 Brasher New York Style Doubloon. EB Punch on Breast. XF45 NGC
1787 Brasher New York Style Doubloon. EB Punch on Breast. XF45 NGC
  1. 1787 Brasher New York Style Doubloon. EB Punch on Breast. XF45 NGC. Sold for $2,990,000.
  2. 1787 Brasher New York Style Doubloon. EB Punch on Wing. AU55 NGC. Sold for $2,415,000.
  3. 1796 $2 1/2 No Stars MS65 PCGS. Sold for $1,725,000.
  4. 1793 Chain 1C Periods MS65 Brown PCGS. CAC. Sold for $1,380,000.
  5. 1792 H10C Judd-7 SP67 PCGS. Sold for $1,322,500.
  6. 1792 One Cent, Judd-1 MS61 Brown PCGS. Sold for $1,150,000.
  7. 1796 $2 1/2 Stars MS65 NGC. CAC. Sold for $1,006,250.
  8. 1796 $2 1/2 Stars MS65 NGC. BD-3. Sold for $862,500.
  9. 1794 S$1 MS61 NGC. Sold for $747,500.
  10. 1742 Brasher Lima Style Doubloon. XF40 NGC. Sold for $690,000.
  11. 1792 Disme, Judd-10 PR62 Brown NGC. Sold for $690,000.

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
  • Asian Art Specialist: Beverly Hills
  • European Art Specialist: New York
  • Comics & Comic 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
  • 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
  • Client Services Representative: Dallas
  • Color & Photography Imaging Specialist: Dallas Contract
  • Consignment Director — Currency: Dallas
  • Desktop Support: Dallas
  • Desktop Support Supervisor: Dallas
  • Digital Publishing Expert: Dallas
  • Executive Assistant — Currency : Dallas
  • Graphic Designer: Dallas, Part-Time
  • Graphic Web Designer: Dallas
  • Interns: Dallas
  • Marketing Account Executive: Dallas, TX
  • Operations Assistant - Coins: Dallas
  • Production Assistant/Junior Photographer: Dallas
  • Public Relations Assistant: Dallas
  • Public Relations Assistant: Dallas
  • Returns Clerk: Dallas
  • Shipping Associate: Dallas
  • Web Developer: Dallas
  • Wine Warehouse Assistant: Beverly Hills

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

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  Around Heritage

R.I.P. Neil Armstrong: Space Exploration News
By Michael Riley

Rest in peace, Neil Armstrong (1930-2012). That is something I didn't expect to have to write now (or ever, really). It's never easy when your heroes pass on; this one was particularly tough. Throughout his career as: a Navy pilot, flying seventy-eight missions during the Korean War; a test pilot, flying experimental and rocket planes; or, as an astronaut, flying all the way to the surface of the moon and back, Neil Armstrong faced his mortality many times. I guess a lot of us thought death would never catch up to the first man on the moon. Maybe it really didn't. If anyone's life and accomplishments will live on forever, it will be Neil Armstrong's. Thank you, sir, for that "one giant leap."

First Man on the Moon stamps signed by Armstrong
At left is pictured a sheet of the 1969 "First Man on the Moon" stamps signed by Armstrong. It is just one of several lots containing items signed by him, all available in our upcoming Space Exploration Auction #6082, November 2, 2012, here in Dallas, Texas. This auction is shaping up nicely with some significant items already in-house and more on the way (consignment deadline is September 11th). As always, we will have a stunning selection of the popular flown Apollo Robbins Medallions including at least one example each of the Apollo 11 through 17 lunar missions. Many of these are from the collections of astronauts with letters of authenticity included. If high NGC grades are important to you, we have an MS69 medal from Apollo 13 originally owned by John Young and an MS68 medal from Apollo 11 originally owned by Charlie Duke. If absolute rarity is most appealing to your collecting interests, we have two (of only eighty flown) of the Apollo 17 medals. We will also have a selection of Fliteline medallions from the Gemini and Apollo 1 missions. Another popular category of Space collectibles are mission-flown flags. We already have examples in our auction from Astronauts James Lovell, Edgar Mitchell, and Al Worden, representing Apollo lunar missions 8, 13, 14, and 15.
Apollo 13 Flown MS69 NGC Silver Robbins Medallion Originally from the Personal Collection of Mission Backup Commander John Young
From a private collection come several very important items purchased during the early days of Space memorabilia auctions in the early 1990s. Leading that consignment are Gus Grissom's Apollo 1 inflight coverall jacket and trousers. Also related to Grissom are fully-signed Mercury Seven astronaut and Apollo 1 crew photos accompanied by LOAs from Betty Grissom. Additionally, we are making available two important lots from another of the original Mercury astronauts, Wally Schirra. We have his mission-worn space suit patches from Apollo 7 as well as his flown scissors and lanyard from the same mission. Originally from Pete Conrad's personal collection, we are offering the ultra-rare Apollo 12 Lunar Module spacecraft ID plate that spent thirty-one hours on the surface of the moon. All of these great items, and dozens more to come, will be available for bidding on approximately October 14th.

More information about fine and space exploration auctions.

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Art From the Heart Charity Auction

Bidding in the September 14 Art from the Heart Auction supports Dallas Challenge in its mission to help youth stay in school, off drugs and alcohol, and out of the criminal justice system.

Artists and celebrities create one-of-a-kind pieces of artwork for our auction. Proceeds support programs dedicated to improve the health, education and wellbeing of children and youth from our community. This auction is presented only online and bidding is taken through our website. Internet bidding closes at 10:00 PM Central Time on September 14, 2012.

Thank you from Art from the Heart!

Lots Include
Rolando Diaz
Rolando Diaz

Mango Boy, 2012
Mixed media on paper
29-3/4" x 22"
Joel Bermano
Joel Bermano

Love Your Friend, 2012
Acrylic on canvas
29-3/4" x 22"
Stevie Tate
Stevie Tate

20th Century
Acrylic on panel
36" x 24"
Jenny The Elephant
Jenny The Elephant

2011
Acrylic on canvas
24" x 20"

No buyer's premium is due for these Charity items.

More information about Charity auctions.

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  Heritage Interactive
Opinion Poll

Answer this quick question and see how your opinion compares with your peers.

1. Which of the following is your favorite Classic Commemorative coin design?
       A) California Diamond Jubilee
       B) Hawaiian Centennial
       C) Oregon Trail
       D) Panama Pacific Fifty Dollar
       E) Stone Mountain




Last week's questions:

1. Which is your favorite US coin design from the following choices?
A) Mercury Dime (8%).
B) Standing Liberty Quarter (16%).
C) Walking Liberty Half Dollar (35%).
D) Morgan Dollar (14%).
E) Saint-Gaudens Double Eagle (28%).

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  Is It Time To Sell?

Heritage is dedicated to selling your rare coins and currency for top dollar! That requires the right auction and the right venue. You deserve to be richly rewarded for your years of dedicated collecting, whether you wish to consign your entire collection or just one important piece. Contact us today to discuss your upcoming opportunities.

Our next Signature Auction will be November 29-December 2 at the Money Show of the Southwest in Houston. Contact us today at 800-872-6467 ext. 1000 to discuss your upcoming opportunities.

2012 November 29 - December 2 US Coin Signature Auction - Houston
Consignment Deadline: October 16, 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 September 6-9 US Coins Signature Auction- Long Beach
2012 September 6-9 US Coins Signature Auction- Long Beach #1174
View Lots
2012 September 6-11 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 #131237
September 9, 2012
View Lots
Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131237
September 11, 2012
View Lots
Thursday Modern Coin Auctions Thursday Modern Coin Auctions #241237
September 13, 2012
View Lots
Weekly World Coin Auction Weekly World Coin Auction #231237
September 13, 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 #141237
September 11, 2012
View Lots

Other Signature Auctions
2012 September 12 - 13 The Estate Signature Auction - Dallas 2012 September 12 - 13 The Estate Signature Auction - Dallas #5101
View Lots
2012 September 14 Art From the Heart Auction Benefitting Dallas Challenge 2012 September 14 Art From the Heart Auction Benefitting Dallas Challenge #521
View Lots
2012 September 25 Silver & Vertu Signature Auction - Dallas 2012 September 25 Silver & Vertu Signature Auction - Dallas #5108
View Lots
 

Other Internet Auctions
Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161237
September 9, 2012
View Lots
Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151237
September 9, 2012
View Lots
Sunday Internet Comics Auction Sunday Internet Comics Auction #121237
September 9, 2012
View Lots
Weekly Internet Luxury Accessories Auction Weekly Internet Luxury Accessories Auction #251237
September 11, 2012
View Lots
Tuesday Internet Watch and Jewelry Auction Tuesday Internet Watch and Jewelry Auction #171237
September 11, 2012
View Lots
Thursday Vintage Guitar & Musical Instrument Internet Auction Thursday Vintage Guitar & Musical Instrument Internet Auction #181237
September 13, 2012
View Lots
Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201237
September 13, 2012
View Lots
Monthly Internet Wine Auction Monthly Internet Wine Auction #221237
September 13, 2012
View Lots

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