Early American Coinage Highlights Dallas Signature
Several outstanding examples of early United States coinage will
be featured as Heritage presents the Official
Auction of the October 2012 National Money ShowSM in
Dallas. Floor auction sessions are scheduled for October 18 and
19 at the show, with non-floor sessions scheduled through Heritage
LiveTM on October 20 and 21. All bids in this
Signature Auction are subject to a 17.5% Buyer's Premium.
Part 1 of The Greensboro Collection is the source for several
of these outstanding rarities from the earliest days of our
nation's history. The
1792 disme struck in copper is a landmark in U.S. coinage
history, and unlike the more famous 1792 half dismes in silver, the
disme patterns in copper are very rare. This experimental Judd-10
variety, struck with a reeded edge, is graded Proof 62 Brown by
Also from The Greensboro Collection are specimen strikings of
two of the earliest US Mint issues. A
1793 Wreath cent with Vine and Bars edge, Sheldon-6 variety,
was used to depict its variety in important 19th century photo
plates by Levick and Crosby. Many collecting experts believe it
must have been struck for presentation purposes, and the Specimen
66 Brown grade assigned by NGC, reflects that. This is a truly
special coin among early large cents with vibrant and bright
surfaces unlike any other Wreath cent.
The other Specimen is a
1794 half dime
, V-3, LM-3 variety, graded Specimen 67 by PCGS.
This coin's reflective surface quality sets it apart from most of
its peers, which have frosty luster. It is also the single finest
Specimen half dime out of only a few for the year.
For the second time this year, we have the opportunity to offer
one of the four known examples of the
1802 novodel proof dollar. It is our privilege to offer this
one, graded Proof 64 by PCGS, just two months after our landmark
offering of another example in August. This near-Gem specimen
previously was in the collections of Virgil Brand and the Norweb
family, and also comes to us from
Part 1 of the Greensboro Collection.
Not an example of the earliest US coinage, but a rarity from the
very first year of the fabled Carson City Mint, is an
1870-CC double eagle from
The Gnome at the Shore Collection. There were fewer than four
thousand 1870-CC double eagles struck and only a small fraction
survive, making this XF40 example a highly desirable coin. The
Carson City Mint, established in Nevada six years after statehood,
is synonymous with the Old West in money lore. Bigger coins, such
as silver dollars and gold double eagles, are the most famous.
As in any Heritage auction, there are numerous highlights. Just
a few of them include:
Bidding is now open on these and the thousands of other
collectibles in the Official
Auction of the October 2012 National Money ShowSM,
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Seldom Seen Selections: The 44th
Greatest US coin
The 1833 proof half eagle holds the 44th spot in the third edition
of Jeff Garrett and Ron Guth's 100 Greatest U.S. Coins
was struck during the opening year of the second Mint building in
1833, and is likely one of the first gold coins produced at the new
The census of 1833 proof half eagles is hardly complicated, as
only three or four are known, one in the Smithsonian Institution,
and another in a tightly held private collection. Nothing is known
of the third piece in the roster; it is an example graded PR63 by
NGC, but its whereabouts are unknown to the collecting public. In
Signature Auction, we are offering the only
example that will likely be available to collectors at any time
in the foreseeable future. At Proof-61, it is also a lower grade
than the others, meaning it is more affordable, relatively
The three traced proofs are all from the BD-1 or Large Date die
pair, with no proofs known from the Small Date obverse die. There
are also a couple of other pieces that have been called proof in
the past, but are now considered prooflike business strikes.
Dannreuther mentions the Smithsonian piece in his reference, but
fails to mention either of the other two specimens.
This early die state proof shows no signs of clash marks or
cracks, with slight evidence of lapping, as certain details are
diminished. The reverse die was used with two 1832-dated obverse
dies, and with two 1833-dated obverse dies. Examination of the
large plates in John Dannreuther's Early U.S. Gold Coin
Varieties, A Study of Die States, 1795-1834, clearly shows the
progression of die lapping, especially at the eagle's talon that
hangs down from the upper leaf pair.
The deeply mirrored fields of this green-gold proof surround
satin devices, imparting a trace of cameo contrast. Proof finish
appears in the recesses of the design, such as the letters of
LIBERTY and the spaces between shield stripes. The fields are
lightly hairlined with other minor surface marks expected for the
grade. A hint of striking softness is noted at the usual spots,
especially among the wing feathers just left of the shield. When it
was offered 14 years ago, this piece was conservatively graded PR58
NGC, and that old grading event still appears in the NGC Census
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Website Tips: Buy Now and
Minimum Offer for Make Offer to Owner lots
If you are participating in our Make Offer to Owner program, we
have now made it possible for you to select both a Buy Now amount
and a Minimum Offer amount on items that are eligible for the Make
Offer to Owner program. You can set the minimum offer to anything
you want, as long as it is at or above the minimum.
By clicking on the link to "Change the Minimum Offer amount
and/or set your own Buy Now price", a window on the page will open
up, allowing you to either add/change the Buy Now price, or to
add/change a minimum offer. This allows you, if you like, to
specify both a Buy Now price and a Minimum Offer price; for
instance, you can set a Buy Now price of $1,500, but can still
choose to be notified of any offers above $1,300.
Items with both a Buy Now price and a Minimum Offer price are
distinguished in the search results by having both the Buy Now from
Owner icon and the Make Offer to Owner icon visible. Once on the
item page, the would-be buyer can choose between Buying Now at the
designated price or Making an Offer.
A desirable side-effect of this change is that it is now
possible to remove a lot from Buy Now status. To do this, just
blank out the Buy Now amount, and add a minimum offer amount if you
choose. If both the Buy Now and Minimum Offer boxes are blank, then
you will be notified of any offers above the default minimum.
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This Week's Top Ten
The ten highest valued Asian coin lots to sell in Heritage
auctions, one per country:
Korea: Yung Hi gold 20 Won Year 3 (1909), KM1144, J&V AD3, MS64
NGC. Sold for $632,500.
China: People's Republic 10kg gold 100000 Yuan 2008, KM1842, Gem
Proof. Sold for $575,000.
Japan: Meiji silver Pattern Yen Year 3 (1870), KM-Pn16, J&V Q1,
Proof 65 NGC. Sold for $322,000.
Netherlands East Indies: Proof gold Ducaton (Rider) 1728
Holland. Sold for $126,500.
Philippines: USA Administration Peso 1912-S, KM-172, MS65 PCGS.
Sold for $63,250.
India: George V Original 1911C Proof set. Sold for
Iran: Mohamed Reza Shah gold Coronation Presentation Set 1976.
Sold for $43,250.
French Cochin China: French Colonial Essai Piastre 1879A, KM-E12,
MS65 ANACS. Sold for $34,500.
Hong Kong: Victoria One Dollar 1866, KM10, MS63 NGC. Sold for
Straits Settlements: Victoria 20 Cents 1871, KM12, MS63. Sold
Do you have a suggestion for a future top ten list? Send
it to us!
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American Numismatic Association School Of
If you are coming to the Dallas National Money ShowSM
in October, the American Numismatic Association School of
Numismatics will be offering a two-day course on the Fundamentals
of Grading US Coins.
Knowledge of coin grading not only makes you more confident on
the bourse floor, but also adds to your enjoyment of the hobby by
helping take the worry out of numismatic purchases. Learn how U.S.
coins should be graded according to the latest ANA and market
standards. The seminar covers many topics and emphasizes the
fundamental principles of grading circulated U.S. coins, including
the history and evolution of grading standards, analysis of a
coin's focal points, technical and market grading, how to determine
initial signs of wear and evaluating surface marks, strike, luster
and eye appeal.
Instructors: Rod Gillis, ANA numismatic educator; and
Mike Ellis, ANA Governor and Variety Specialist, Mike Ellis Rare
Time: 9 a.m. to 4 p.m., Tuesday and Wednesday, October 16
- 17, 2012
Tuition: $198 for ANA members; $298 for non-members. $25
discount for ANA Life Members
Click here for more information
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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
- Interns: Dallas
- Marketing Account Executive: Dallas, TX
- Operations Assistant - Coins: 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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|MBNA Collection Of Maritime Art And
Ship Models Offered In Annapolis
Perhaps the finest collection of maritime art ever assembled —
including more than 100 unique and intriguing scale ship models —
will cross the auction block on October 27 at the U.S. Navy-Marine
Corps Memorial Stadium in Annapolis, MD, as part of our Maritime
& Ship Models Signature Auction
An invitation only reception will be held on Friday, October 26,
the night before the auction, at the U.S. Navy-Marine Corps
Memorial Stadium and a public preview will be held for two days, or
More than 300 lots will be offered in the auction, with
estimates on the paintings ranging from $2,000 to $150,000 while
most of the ship models carry estimates of $5,000 and below. The
top offering in the paints section of the event is Stephen J.
'West Wind', 'Britannia', 'White Heather', 'Shamrock' and
'Lulworth' in the Solent, 1927 (estimate: $50,000+), one of
three Renards to be offered. Other highlights from the paintings
portion of the sale include works by
Antonio Jacobsen and
Ship models range from vintage sailor's work to a fine assortment
of classic sailing vessels in small and large scale, and includes
such virtuosities as an
impressive large scale model of The USS 'Franklin'
modeler Stephen W. Henninger (estimate: $5,000+), complete with a
full complement of model aircraft.
"The collection was assembled by the MBNA Corporation, at one
time the largest independent credit card issuer in the world," said
Nick Dawes, Vice President of Special Collections at Heritage. "It
runs the gamut from early 19th century to modern day paintings and
models, representing maritime trade, exploration, warfare and
recreation from the discovery of America to the Americas Cup."
MBNA's strong presence in Maine made Maine regional art a
natural focus for the collection, which was personally assembled by
the company's principals. "More broadly, however, the collection is
a comprehensive look at the best maritime art has to offer," said
Dawes. "Maine, its proximity to the ocean and the impact of the sea
on the culture of the area is intimately intertwined in this
collection. The appeal of the grouping goes far beyond that,
however, transcending regionalism and offering a wide variety of
material to aficionados of maritime art all over the world."
Each of the ship models is being sold without reserve — The MBNA
collection includes works by some of the most important American
craftsmen who have, or are, working in the genre:
Robert H. Mouat
Stephen W. Henninger
Heritage Auctions will be present at the Annapolis Boat Show,
October 5-8, where catalogues and details will be available.
More information about fine and
decorative art auctions.
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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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