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Dallas Auctions Top $28 Million

1792 P10C Disme, Judd-10, Pollock-11, High R.6, PR62 Brown NGC.
1792 P10C Disme, Judd-10, Pollock-11, High R.6, PR62 Brown NGC.
Heritage's official auctions of the October 2012 National Money ShowSM in Dallas are complete, with overall prices realized exceeding $28.5 million. The US Coin Signature Auction on October 18-21 featured numerous outstanding rarities and brought total prices in excess of $23 million, with an additional $5.3 million selling the October 17-23 Currency Signature Auction. All prices include a 17.5% Buyer's Premium.

The Greensboro Collection, Part 1, provided many of the highlights of this auction, with the most notable results coming from early proof and specimen strikes. A 1792 pattern disme, struck in copper and graded Proof 62 Brown, was the top-selling lot in the auction when it hammered for $587,500. 1792 pattern coinage is extremely popular, since it was struck as the US Mint was first being established. This coin, strictly a pattern unlike its half disme counterpart, is one of about 15 examples known.

1794 H10C SP67 PCGS. V-3, LM-3, R.4 as a business strike, High R.7 as a Specimen. 1794 H10C SP67 PCGS. V-3, LM-3, R.4 as a business strike, High R.7 as a Specimen.
1793 1C Wreath Cent, Vine and Bars SP66 Brown NGC. S-6, B-7, R.3 1793 1C Wreath Cent, Vine and Bars SP66 Brown NGC. S-6, B-7, R.3
1802 $1 PR64 PCGS. B-8, BB-302, High R.7. 1802 $1 PR64 PCGS. B-8, BB-302, High R.7.
Specimen strikes from the first year of issue of the half dime and the cent, respectively, were also among the highest valued coins sold in this auction. Perhaps five specimen strikes of the 1794 half dime are known, and the finest known, an example graded SP67 by PCGS, sold for $367,775. Similarly, a 1793 Wreath Cent with Vine and Bars edge, graded SP66 Brown and with a continuous provenance dating to the 19th century, sold for $329,000. This was the most perfectly preserved and singularly important early large cent we have ever had the privilege of offering at public auction, a true "museum quality" coin. Both of these coins were also from The Greensboro Collection, Part 1.

From the same collection also came the 1802 dollar novodel, Proof-64, which sold for $411,250. This was the second such piece out of only four known that we've been fortunate enough to auction in the last three months, and it, like the 1793 Wreath Cent above, also has a pedigree dating back to the 19th century.

A few of the many other highlights of this auction included:

Fairbanks, AK - $5 1902 Red Seal Fr. 587 First NB Ch. # (P)7718.
Fairbanks, AK - $5 1902 Red Seal Fr. 587 First NB Ch. # (P)7718.
The top lot in our auction of US Currency was a $5 National Bank Note from the First National Bank of Fairbanks, AK, series 1902 with red seal. This note captured the imagination of both collectors and the public because it came directly from the family of Charles W. Fairbanks, Vice President of the United States under Theodore Roosevelt, and the man for whom the city of Fairbanks was named. This outstanding territorial note, graded Apparent Choice New 63, sold for $246,750.

Our next US Coin Signature Auction, scheduled for November 29-December 2 in Houston, will open for bidding soon. Previews of many of the coins in this auction are already available at www.HA.com/coins.

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Seldom Seen Selections: Proof 1855-S Half Dollar, One Of Maybe Three Known

1855-S 50C PR65 PCGS. WB-1. Ex: Golden Gate Collection.
1855-S 50C PR65 PCGS. WB-1. Ex: Golden Gate Collection.
Numismatic literature discusses three different proof 1855-S half dollars, including: one that is now part of the Smithsonian Institution Collection; a second piece that has not been seen since the 1950s; and this specimen, the only example currently available to collectors. Four die varieties are identified for the 1855-S half dollars, and the WB-1 marriage appears to be the first minted. Die state evidence shows that the proofs were the first half dollars minted in San Francisco, prior to any business strikes.

The Smithsonian Institution specimen has been part of the National Numismatic Collection since the time of issue, when San Francisco Mint Superintendent Robert Aiken Birdsall preserved the piece and sent it to Mint Director James Ross Snowden. Walter Breen notes that the 1855-S proof half dollar was held in Division V, Number 79, of the Mint Cabinet, commenting: "an odd place for it, as this section consisted mostly of patterns and pioneer gold." Bill Bugert examined the 1855-S half dollar at the Smithsonian Institution in May 1989. At the time he graded the coin 63+, noted its bright proof surfaces, and observed a die crack between the D and S in the legend.

Walter Breen wrote of an example that appeared in a March 1956 Bolender sale. However, numismatist Scott Rubin checked the catalog and found that no such coin was offered. He checked further and found that Bolender did offer an 1855-S proof half dollar in his April 1953 sale. Lot 87 in that 1953 catalog was described as: "1855 San Francisco mint, half-dollar, Proof. Bluish and golden toned. The finest piece known to me, and lists uncirculated at $150 in Guide Book. This specimen should be worth much more and cost $167 several years ago." The coin was offered as part of the Louis L. Lincoln half dollar collection.

The third known proof, the piece offered in our upcoming January 9-13 FUN Signature Auction, has appeared in several auctions since its first appearance in 1955. This piece has been graded Proof-65 by PCGS, and it has brilliant proof surfaces with razor-sharp design motifs and no signs of weakness on either side. The obverse is bright silver with a splash of faint lilac toning near star 13, while the reverse has a delicate golden tone. There were no plates in the Bolender catalog, and the timing is such that the Lincoln specimen may be the same coin offered here. In fact, there is a high probability that it is the same coin, reducing the population from three coins to two coins, making this piece the only 1855-S proof half dollar available to collectors.

The obverse lacks drapery at the elbow, a sign that the dies were polished prior to striking. In A Register of Liberty Seated Half Dollar Varieties, Bill Bugert writes: "Proofs and early business strikes have no clash marks; the no drapery characteristic resulted from the special die preparation for proof strikes." The bottoms of all four digits in the date are weak, especially the 8 and first 5. That weakness is noted on this piece and is visible in the plate of the Smithsonian specimen illustrated in Bugert's reference.

This coin is a numismatic showpiece in any collection, and belongs in the cabinet of a numismatist who will appreciate its beauty, rarity, and historical importance.

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Website Tips: Date Ranges

Have you ever wanted to search for US coins in a particular date range — for instance, the short set of Walking Liberty Half Dollars (1941-47) or Type 2 Double Eagles (1866-76)? Now you can!

To search for a date range, go to the Refine Search area on the left side of the Heritage search results for coins. Look for "US Coin Year". Enter the date range you want to search for, click search, and you will see only coins from the date range you selected! To do a search for all coins after a date, put the earliest date of the range you want into the box, and to search for all coins before a certain date, just put the range end date into the second box.

Search for date range is not available for world coins at this time. We will be adding this feature for more of our categories as we get the chance.

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This Week's Top Ten

1855 G$1 PR66 Deep Cameo PCGS
1855 G$1 PR66 Deep Cameo PCGS
The ten highest priced gold dollars to sell in Heritage auctions:
  1. 1855 G$1 PR66 Deep Cameo PCGS. Sold for $373,750.
  2. 1855 G$1 PR65 PCGS. Sold for $287,500.
  3. 1849-C G$1 Open Wreath XF45 NGC. Sold for $218,500.
  4. 1855-D G$1 MS64+ NGC. CAC. Sold for $155,250.
  5. 1861-D G$1 MS65 NGC. Sold for $149,500.
  6. 1854 G$1 Type Two MS68 NGC. Sold for $149,500.
  7. 1855 G$1 PR62 Cameo NGC. CAC. Sold for $132,250.
  8. 1875 G$1 MS66 PCGS. CAC. Sold for $109,250.
  9. 1855 G$1 MS67 PCGS. Sold for $97,750.
  10. 1849-C $1 Open Wreath Fine 15 NGC. Sold for $97,750.

Several repeat appearances have been omitted.

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
  • Comics & Comic Art Specialist: New York
  • 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
  • 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 Data & Research Specialist: Dallas
  • Client Services Representative: Dallas
  • Color & Photography Imaging Specialist: Dallas Contract
  • Comics Grader: Dallas
  • Consignment Director — Currency: Dallas
  • Desktop Support: Dallas
  • e-Publishing Expert: Dallas
  • Executive Assistant — Currency: Dallas
  • Filing Clerk - Accounting: Dallas
  • Graphic Designer: Dallas
  • Interns: Dallas
  • Marketing Account Executive: Dallas, TX
  • Microsoft Dynamics GP Accounting Developer: Dallas/Contract
  • Network & Systems Administrator: Dallas
  • Operations Assistant - Coins: Dallas
  • Operations Supervisor: Dallas
  • Shipping Associate: Dallas
  • Wine Warehouse Assistant: Beverly Hills
  • WPF Applications Developer: Dallas

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

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  Around Heritage

Neil Armstrong Related And Apollo 11 Memorabilia Anchor Space Exploration Auction

space-flown and moon-orbited Apollo 11 Crew-signed cover
A trove of materials related to the late, great Neil Armstrong – including an amazing space-flown and moon-orbited Apollo 11 Crew-signed cover (estimate: $40,000+), originally from the Personal Collection of Mission Command Module Pilot Michael Collins, and just one of 214 such covers the astronauts signed – and the famous Apollo 11 Mission will be offered as the collective centerpiece in our November 2 Space Exploration Signature Auction.

"When Armstrong passed away on Aug. 25 it signified the end to one of bravest, most humble and most well-loved Americans to have ever lived," said Michael Riley, Senior Historian and Cataloger at Heritage Auctions. "Anything that he signed, or that is related to him is incredibly sought-after by collectors of all shapes and sizes. His passing has only intensified that interest and we expect to see these lots reflect that."

crew-signed and moon-flown Apollo 11 Beta cloth mission insignia
Further Armstrong and Apollo 11 material include, also directly from Collins' collection, a crew-signed and moon-flown Apollo 11 Beta cloth mission insignia (estimate: $30,000+), signed by Armstrong, Collins and Lunar Module Pilot Buzz Aldrin, an NGC MS68 Apollo 11 flown Robbins Medal (estimate: $25,000+) originally from the Personal Collection of Mission CapCom Charlie Duke, Serial Number 189, and a very rare page from the Apollo 11 Flight Plan (estimate: $25,000+), originally from The Collection of Buzz Aldrin, with notations made by Armstrong during the mission.

The November 2 Heritage event in Dallas also marks the first Space Exploration Auction for the company since the passage on Sept. 19 and the signing on Sept. 25, by the President of The United States, of H.R. Bill 4158, confirming full ownership rights for all the American astronauts from Freedom 7 in 1961 to the Apollo-Soyuz Test Project mission in 1975 of the artifacts they kept from their space missions.

"We at Heritage, to a person, salute the passage of this much needed legislation," said Riley. "We're happy for the astronauts and their families, we're happy for collectors everywhere who revere our brave space heroes and we're happy that all the interested parties could settle the issue amicably. It will, in the long run, ensure responsible stewardship of many pieces of Space history." (Hate to say that there are that many)

Apollo 1 Inflight Coverall jacket and trousers
With H.R. Bill 4158 in mind, collectors will be thrilled to see a variety of important lots come across the block, all of them related to great names and events in the Space race. Among those items will be one of the most moving and important early grouping of space artifacts in the form of Gus Grissom's Apollo 1 Inflight Coverall jacket and trousers (estimate: $20,000+), which would have been worn by Grissom for the Apollo 1mission, along with his Mercury Seven signed photo (estimate: $8,000+) and his Apollo 1 crew-signed photo (estimate: $10,000+).
Apollo 12 Lunar Module ID plate
Certainly one of the most popular lots in the auction is going to an Apollo 12 Lunar Module ID plate (estimate: $25,000+), from Intrepid, the second Lunar Module to land on the moon from the Personal Collection of Mission Commander Pete Conrad.

"Any ID plate off of an Apollo mission vehicle will capture the interest of serious collectors," said Riley. "These are as rare and as important as almost any piece of space memorabilia that we see."

Ed White II: West Point ring
From astronaut Ed White II, who died alongside Grissom in the tragic Apollo 1launch pad test explosion, the auction features a number of key lots, most notably including White's West Point Jacket (estimate: $5,000+) and his West Point ring (estimate: $20,000+), which White was likely wearing when he was killed. Included with his ring are a lot of 10 of the small group of mustard seeds he carried in his spacesuit pocket during his landmark spacewalk during Gemini 4 as a symbol of his religious faith.

One of the most interesting wrinkles of this intriguing sale is The Jim Rathmann Collection, which Heritage has broken out into its own separate section of the catalog for the auction.

"A little more than 50 years ago, auto racing champion and Indy winner turned Florida car dealer Jim Rathmann negotiated a deal with GM that would supply Corvettes, or a car of their choice, to the astronauts at a very advantageous price," said Riley. "His and the astronauts' ‘need for speed ‘and excitement led to some very close friendships being formed, which also led to Rathmann assembling an important collection of space memorabilia."

Apollo 12 Flown Silver Robbins Medallion, Serial Number 1
Rathmann passed away late last in 2011 and many items from his monumental collection, most of which were gifts from his astronaut friends, are being offered here for the very first time. These include an Apollo 12 Flown Silver Robbins Medallion, Serial Number 1 (estimate: $8,000+), originally presented to Rathmann by Apollo 12 Commander Charles Conrad, an Apollo 12 Flown Silver Robbins Medallion Pin with Diamond, Serial Number 4 (estimate: $8,000+), originally presented to Kay Rathmann by Conrad, a NASA Group Two Astronaut Color Photo Signed on the Mat (estimate: $6,000+), a 1961-D Roosevelt silver dime (estimate: $4,000+), one of a group that Grissom carried in his spacesuit during the Mercury 4 mission, Gus Grissom and Al Worden handwritten birthday wishes to Rathmann (estimate: $1,200+), with a direct and unique mention of Gemini 3, an Ed White II autographed letter and signed color photo (estimate: $1,000+) and an Apollo 15 large color mission photo, signed by Al Worden (estimate: $600+), with a racing reference.

More information about Space Exploration auctions.

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  Heritage Interactive
Opinion Poll

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

How many coin shows do you go to in an average year?
       A) None
       B) 1-2
       C) 3-5
       D) 6-10
       E) More than 10



Last week's questions:

What interests you the most about rare coins?
A) Beauty (15%).
B) Historical interest (31%).
C) Investment potential (17%).
D) Rarity (9%).
E) I like collecting them for their own sake (28%).

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  Is It Time To Sell?

You can depend upon FUN 2013 for your best opportunity to sell your U.S. Coins and Currency early next year. Your invitation to participate in Heritage's Official Auctions has deadlines coming soon, so please act quickly.

FUN has proven to be the strongest show of the year, and there is no question about the importance of this premier venue. As FUN's Official Auctioneer, Heritage's lot viewing and auction rooms are located in the heart of the convention action. We capture the purchasing demand of thousands of floor bidders enjoying themselves at the show who must then compete against Heritage's global community of Internet bidders.

Whatever your specialty or the size of your holdings from a single rarity to a lifetime collection, Heritage has auctions to serve your needs. Together we will create a strategy to realize the highest prices possible for your coins and notes. Our upcoming auction events at FUN 2013 will provide unmatched exposure at the most important gathering in numismatics. All that remains is for you to call us today.

2013 January 9-13 US Coin FUN Signature Auction - Orlando
Consignment Deadline: November 30, 2012

2013 January 9-14 Currency FUN Signature Auction - Orlando
Consignment Deadline: November 19, 2012

2013 January 6-7 Ancient & World Coin Signature Auction - New York
Consignment Deadline: November 9, 2012

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

Interested in Selling?
What's My Coin Worth?
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Consign to a Heritage Auction

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  Current Auctions
Coin Auctions
Sunday Internet Coin Auction Sunday Internet Coin Auction #131244
October 28, 2012
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Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131244
October 30, 2012
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Thursday Modern Coin Auctions Thursday Modern Coin Auctions #241244
November 1, 2012
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Weekly World Coin Auction Weekly World Coin Auction #231244
November 1, 2012
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Currency Auctions
Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141244
October 30, 2012
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Other Signature Auctions
2012 October 25 & 27 design for a living world Auction Benefitting The Nature Conservancy 2012 October 25 & 27 "design for a living world" Auction Benefitting The Nature Conservancy #524
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2012 October 25 - 27 Vintage Sports Collectibles Signature Auction- Dallas 2012 October 25 - 27 Vintage Sports Collectibles Signature Auction- Dallas #7065
View Lots
2012 October 27 Vintage Guitars & Musical Instruments Signature Auction - Beverly Hills 2012 October 27 Vintage Guitars & Musical Instruments Signature Auction - Beverly Hills #7071
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2012 October 27 Maritime & Ship Models Signature Auction - Annapolis 2012 October 27 Maritime & Ship Models Signature Auction - Annapolis #5128
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2012 October 31 Fifth Annual Celebrity STOMP Out Bullying Auction 2012 October 31 Fifth Annual Celebrity STOMP Out Bullying Auction #526
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2012 November 1 ART + ADVOCACY Auction, Benefiting the Dallas Children's Advocacy Center 2012 November 1 ART + ADVOCACY Auction, Benefiting the Dallas Children's Advocacy Center #523
View Lots
2012 November 2 Space Exploration Signature Auction - Dallas 2012 November 2 Space Exploration Signature Auction - Dallas #6082
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2012 November 9 Steaks On The Lake Auction Benefitting Grant Halliburton Foundation 2012 November 9 Steaks On The Lake Auction Benefitting Grant Halliburton Foundation #528
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2012 November 10 Western & California Art Signature Auction - Dallas 2012 November 10 Western & California Art Signature Auction - Dallas #5116
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2012 November 10 American Indian Art Signature Auction - Dallas 2012 November 10 American Indian Art Signature Auction - Dallas #5117
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2012 November 15 Texas Art Signature Auction - Dallas 2012 November 15 Texas Art Signature Auction - Dallas #5114
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2012 November 15 American & European Art Signature Auction 2012 November 15 American & European Art Signature Auction #5118
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2012 November 15-17 Vintage Comics & Comic Art Signature Auction- Dallas 2012 November 15-17 Vintage Comics & Comic Art Signature Auction- Dallas #7066
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2012 November 16-17 Tiffany, Lalique & Art Glass Signature Auction - New York 2012 November 16-17 Tiffany, Lalique & Art Glass Signature Auction - New York #5120
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2012 November 17 Photographs Signature Auction - New York 2012 November 17 Photographs Signature Auction - New York #5119
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2012 November 18 Timepieces Signature Auction - New York 2012 November 18 Timepieces Signature Auction - New York #5121
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Other Internet Auctions
Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161244
October 28, 2012
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Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151244
October 28, 2012
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Sunday Internet Comics Auction Sunday Internet Comics Auction #121244
October 28, 2012
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Weekly Internet Luxury Accessories Auction Weekly Internet Luxury Accessories Auction #251244
October 30, 2012
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Tuesday Internet Watch and Jewelry Auction Tuesday Internet Watch and Jewelry Auction #171244
October 30, 2012
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Thursday Vintage Guitar & Musical Instrument Internet Auction Thursday Vintage Guitar & Musical Instrument Internet Auction #181244
November 1, 2012
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Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201244
November 1, 2012
View Lots
 

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