Nearly $20 Million In Rare Coins And Currency Sold
In Long Beach
Rare early proof coinage was featured as over $9.3 million in rare
coins sold in the September
6-9 Heritage US Coins Signature Auction
. The US Coin auction
was one of four Heritage auctions held as official auctioneers of
the Long Beach Coin and Collectibles Expo over the week. Overall,
the Heritage Long Beach auctions combined to sell over $19.7
million in rare coins and currency. All prices include Buyer's
As any serious collector of 19th century proof coinage knows,
proof coins of any denomination and year before 1858 or so are
quite rare. As such, it should not be surprising that the two top
prizes to change hands during the floor sessions of this auction
were both pre-1858 proofs. A
Gem Cameo proof 1853 quarter with Arrows and Rays, formerly
from the Eliasberg collection, brought $94,000. In 1853, arrows
were added around the date and rays were added to the reverse as a
way of signifying a reduction in weight for both quarters and half
dollars. While the arrows would remain until 1855, the rays were
removed in 1854, making the Arrows and Rays design an important
one-year subtype. Perhaps five proof 1853 Arrows and Rays quarters
are known, making this example the most important issue among proof
Even rarer is the
1854 proof eagle
, a coin that was unconfirmed to exist until
very recently, and which may very well be unique. This coin, whose
provenance remains unknown, is an unmistakable proof despite a
light amount of wear consistent with a grade of Proof-55, and it
sold for $88,125 at the Long Beach auction.
The second edition of the Garrett-Guth Gold Coin
Encyclopedia, published as recently as 2008, called the
existence of a 1854 proof eagle doubtful. In the book, the authors
related an unsubstantiated story about a set of 1854 proof gold
coins presented to the city of Bremen. At the time of the book's
publication only the gold dollar, $2.50, and $3 were known and none
could be connected to the Bremen set. Should this 1854 eagle be the
Bremen coin, it might begin to substantiate the story, while
simultaneously suggesting the existence of at least one proof 1854
half eagle and double eagle.
Post-auction sales resulted in the
finest known 1897 double eagle
changing hands for $147,500.
Proof gold coinage of the 1890s is known for its beauty, and this
coin, assigned a grade of Proof-67 Cameo, combines unparalleled
technical merit with aesthetic beauty. Only 20-25 examples of the
proof 1897 double eagle are believed known.
The Philip Clover of US Large Cents, a nearly complete
collection of early US large cents by variety, altogether realized
over $900,000, led by a
1795 Jefferson Head cent with Very Fine details that sold for
$38,187. This collection contained over twenty die marriages that
were so rare that Dr. William Sheldon, whose Penny Whimsy
remains the standard reference book for early large cents,
considered them uncollectable.
Just a few of the other highlights of this auction included:
Beach World and Ancient Coins auction
, held September 6-11,
accounted for sales of nearly $7.9 million, highlighted by an
1820(B) gold Brazilian 4000 Reis
which sold for $129,250
against a pre-auction estimate of $50,000-$75,000. This coin,
struck at the Bahia mint without a mintmark, is so rare that every
reference we could find listed it simply as "Rare" or "Extremely
Rare". The fact that this is also a mint state coin — graded MS62
by NGC — only adds to the tremendous appeal caused by the coin's
Additional highlights of this auction included:
Cuba: Republic Proof gold 20 Pesos 1915, KM21, Proof 65 Cameo
NGC. Sold for $99,875.
Danish West Indies: Christian IX Proof 10 Daler - 50 Francs 1904,
KM73, Proof 64 NGC. Sold for $70,500.
Great Britain: Henry VIII (1509-47) gold Sovereign ND, S-2267,
Tower Mint London (struck 1537-42), AU50 NGC. Sold for
Thraco-Macedonian Tribes. The Edones. King Getas (ca. 480s-460s
BC). AR octadrachm Ca. 476-473 BC. Kraay, Archaic and Classical
Greek Coinage (Methuen 1976), pl. 26, 483. gEF. Sold for
People's Republic of China. Gold Unicorn 500 Yuan (5 oz) 1995,
KM805, Proof 68 Deep Cameo PCGS. Sold for $52,880.
Rare Australian specimen notes dominated the results from our
6-10 World Paper Money Signature Auction
in Long Beach. A
specimens, each from 1972, each exceedingly rare,
and offered individually, sold for $21,150 per note. Joining each
of these 1972 issues at the $21,150 level was a
specimen twenty dollar note from 1974
. Overall, this auction
raised over $1 million for its consignors.
We are hard at work putting the finishing touches on our Dallas
ANA offerings, which are scheduled for mid-October and include
outstanding selections of both US coins and currency. These
auctions will open for bidding very soon at HA.com/Coins and HA.com/Currency.
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Seldom Seen Selections: Specimen strike 1793
Our upcoming October
18-21 ANA US Coins Signature Auction in Dallas
will feature a
Wreath cent in the incredible grade of Specimen 66 Brown
is the most perfectly preserved and singularly important early
large cent we have ever had the privilege of offering at public
auction. It will not be a bargain for its new owner, but then every
time this coin has changed hands over the past 139 years it has
cost its new owner dearly.
The condition of this coin is truly extraordinary. It was
Breen's contention in his 1977 reference on proofs that this
particular coin was struck on a burnished blank for presentation
purposes. The surfaces do indeed display a brightness and vibrancy
that is not seen on other Wreath cents we have encountered. Again,
according to Breen, this piece is the one S-6 that most clearly
qualifies as a presentation piece. The fields are bright and glow
with semi-reflectivity. The design motifs also show an unparalleled
degree of definition in all areas. Although there is no direct
evidence of heavy metal flow in the fields, indirect evidence can
be seen from the strongly bifurcated lettering around the
peripheries, leading one to suspect that this coin may have been
double struck. No surface flaws are immediately apparent.
Examination with a glass does, however, reveal a speck of darker
color to the left of the leftmost leaf above the date (a useful
pedigree identifier), and a short angling mark on the cheek of
Liberty. The color designation by NGC is Brown, and that is
technically correct. However, in addition to the overall brown
patina there is an overlay of olive with a strong presence of
original red as well.
This coin is the Sheldon-6 variety, also known as the "Sprung
Die" variety. This variety ranks among the most frequently
encountered and easily recognized Wreath cents. In addition to the
die bulge in the left obverse field that is present to some extent
on all known examples of the S-6, this piece is lightly cracked
from the bulge through the lower lip and on to the right border.
Another crack appears in the upper right field, beginning at the
sixth bead right of the Y, and other cracks are faintly visible in
the lower hair curls. Equivalent to Die State V in the Breen Large
Cent Encyclopedia, this is one of the last minted examples of
Breen used some numismatic hocus pocus to claim that the S-6
large cents were all part of the April 9, 1793, delivery of 12,000
Wreath cents. Certainly the S-6 was one of the earlier Wreath cent
varieties minted, although it is clearly impossible to determine an
exact date of manufacture. This piece is clearly a later state than
the Die State II attributed in the S-6 census in the Breen
reference. Nearly all of the census die states were determined
through examination of photos, and in many cases those photographs
were indistinct so that an exact die state determination was
Del Bland, whose condition census appears in the Breen Large
Cent Encyclopedia, grades this coin MS61 and tied for second finest
known, alongside the Richard Winsor-ANS coin. It is likely finer
than the Winsor-ANS coin by a small margin. Only one clearly finer
example of S-6 survives, and that piece also has a continuous
provenance since the late 1800s. At our EAC grade of MS62, this is
a true "museum quality" coin.
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Website Tips: How to enter
multiple coins into MyCollection simultaneously
If you wish to enter a large group of coins of the same type
into MyCollection, you can choose to enter a group of coins by coin
type, such as Indian Head cents, Morgan Dollars, and so on. Once
you reach the Add Item screen within your coins MyCollection, the
entry by coin type will be at the top of the screen.
Let's say that you have several Indian Head Cents. Choose the
coin type "Indian Cents" in the drop-down box. You will see
something like this:
Check all the coins you wish to enter, noting the grade and the
grading service as appropriate. Here, we've checked a raw 1860 cent
in VF-30 condition and a PCGS-graded 1864 Bronze in MS-61 Brown.
When you have checked every coin in this type in your collection,
click on "Add Items". This will add all checked items to your
collection and bring you back to the same Add Item page so that you
Click on the "Next>>" link to get to further listings of
the type. Enter as many coins as you can from each page. Once
you're done, a link will be available for you to review your entire
collection, including newly added coins.
Please note that proof and circulation strikes from most series
cannot be added at the same time; the only exceptions are modern
commemorative and bullion coins.
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This Week's Top Ten
The ten most valuable Large Cents, one per variety, to sell in
1793 Chain 1C Periods MS65 Brown PCGS. CAC. S-4. Our EAC Grade
MS60. Sold for $1,380,000.
1794 1C Starred Reverse. AU50 PCGS. S-48. Our EAC Grade XF40.
Sold for $632,500.
1793 1C Liberty Cap. AU55 PCGS. S-13. Our EAC Grade AU50. Sold
1794 1C Head of '95. MS67 Red and Brown PCGS. S-67. Our EAC Grade
MS65. Sold for $488,750.
1795 1C Reeded Edge Fine Details NGC. S-79. Our EAC Grade Good
5. Sold for $431,250.
1793 1C Liberty Cap, AU50+ PCGS. CAC. S-14. Our EAC Grade XF45.
Sold for $299,000.
1793 1C Wreath Cent --Lettered Edge-- MS64 Brown PCGS. S-11c. Our
EAC Grade MS60. Sold for $276,000.
1794 1C Head of '95. MS65 Red and Brown PCGS. S-71. Our EAC Grade
MS65. Sold for $253,000.
1794 1C Head of '93. MS63 Brown PCGS. S-18b. Our EAC Grade
AU55. Sold for $253,000.
1793 Chain 1C AMERICA MS62 Brown PCGS. S-3. Our EAC Grade AU50.
Sold for $253,000.
Do you have a suggestion for a future top ten list? Send
it to us!
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Reduced Auction Commissions When You Resell Your
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
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
- 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 &
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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
- 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
- Cataloger — Currency: Dallas/Remote
- Client Services Representative: Dallas
- Color & Photography Imaging Specialist: Dallas
- 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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Jessie Willcox Smith's Goldilocks and the Three
Bears tops Heritage Auctions' Oct. 13 Illustration event
Jessie Willcox Smith's Goldilocks
and the Three Bears, Swift's Premium Soap Products calendar
, 1916 (estimate: $100,000+), a dramatic and
bold masterpiece of crayon and watercolor on board — and one of the
great artists' finest masterpieces — will headline Heritage
Auctions' Oct. 13 Illustration
Art Signature Auction
at the Fletcher-Sinclair Mansion
(Ukrainian Institute of America), 2 East 79th
Ave.) in New York.
"It's hard to imagine a better piece of art to anchor this
auction than Jessie Willcox Smith's brilliant fairy tale
interpretation," said Ed Jaster, Senior Vice President of Heritage
Auctions. "The auction, overall, features likely the deepest
line-up of Golden Age and Classic illustration that Heritage has
Smith's Goldilocks features all the elements of the
artist's work that have made her one of the most sought-after of
all the Golden Age illustrators. Her uncommon sensitivity to her
subject, an impeccable use of color and texture and an ability to
convey the entire story with a single image make this an
exceptional example from an exceptional catalog of work.
Bolstering the Golden Age and Classic credentials
of the auction are marquee pieces from the greatest names in the
form's illustrious history, including J.C. Leyendecker's Startled
Pilgrim, The Saturday Evening Post cover, Nov. 27, 1920
(estimate: $50,000+), Norman Rockwell's distinctly American
The Long Shadow of Lincoln, study for story illustration,
Saturday Evening Post, Feb. 10, 1945 (estimate: $40,000+)
and John Philip Falter's Sunday
Gardening, The Saturday Evening Post cover, July 1, 1961
Frank Earle Schoonover's action-packed Brawn
of These Lads Made the Pike a Match for a Pirate's Cutlass,
1922 is expected to bring $30,000+, while Maxfield Parrish's
on Pier, Life Magazine cover, Aug. 25, 1921 is estimated at
$25,000+, and Howard Pyle's superb "Again,
My Captain (Pirates)", New York Colonial Privateers, Harper's New
Monthly Magazine page 35 illustration, Feb. 1895 should
As always, Pin-Up and Pulp art features
prominently in the Heritage event, led by the King of Pin-Up
Illustrators, Gil Elvgren and his amazing and iconic Peek-a-View,
Louis F. Dow Company calendar illustration, 1940 (estimate:
Further Pin-Up and Pulp highlights include George Petty,
Going Fishing, Brown and Bigelow calendar illustration,
1938 (estimate: $30,000+), Margaret Brundage, The
Albino Deaths, Weird Tales pulp cover, March 1936
(estimate: $30,000+) and Earle Bergey, Romance
Preferred, Bedtime Stories pulp cover, April 1935
about illustration art auctions.
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Have You Checked Your Attic Lately?
As seen in over 100,000 media outlets, the Black Swamp Find of
View the complete video
More information about sports
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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.
November 29 - December 2 US Coin Signature Auction - Houston
What's My Coin
Get the Most Money for Your Collection
to a Heritage Auction
Consignment Deadline: October 16, 2012
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