Loaded Sunday and Tuesday Internet Auctions this
Every so often, we have so much material available that we just
can't wait for the next Signature Auction. This week's Sunday and
Tuesday Internet auctions combine to feature over 1400 coins valued
at over $2 million overall for your bidding pleasure, ranging in
value from coins that everyone can afford up to coins more than
worthy of our next Platinum Night.
Here are a few highlights:
Bidding on these auctions will continue until 10 PM Central time
Sunday and Tuesday, respectively, so don't miss out! Place your
bids now at www.HA.com/coins.
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Seldom Seen Selections: One of the Finest Norse
The Norse medals of 1925 have a curious history. One usually thinks
of immigration of the various peoples of the world as occurring in
waves of humanity over a period of decades or even centuries,
depending on the identity of the groups in question. A quick Google
search will lead one rapidly to references to Viking explorations
of the northeastern coast of North America in the 10th century, the
Leif Ericson voyages and settlements in Greenland, and so forth.
But apparently, even though these settlements lasted for several
hundred years, they did not lead to any permanent immigrations to
North America by Norsemen.
Even if this was a valid occasion for commemoration — a point
many numismatists would debate — apparently the dustup over the
questionable nature of the Huguenot-Walloon coins from the year
before was taken into account. Minnesota Congressman O.J. Kvale, of
Minneapolis, wanted an actual commemorative coin but later revised
his proposal to a medal.
Although the Norse medals are usually collected right alongside
classic commemorative gold and silver coins, a search of some of
the standard references on U.S. coins yields not a jot of
information on them, an approach that strikes us as overly
puristic. The Norse medals were struck in silver-plated bronze,
silver (thick and thin planchets) and gold — the latter to the
extent of only 100 medals, 53 of which were later melted as unsold,
leaving a net distribution of just 47 specimens. Most prospective
buyers could not afford the purchase price for the gold pieces,
about 20 dollars at the time.
The medals themselves are beautifully designed but seem confused
as to what they celebrate, showing a Viking in all his barbarous
vigor on the obverse, ship in background, along with the date
1825-1925, while the reverse shows the same ship with the notation
AUTHORIZED BY CONGRESS OF THE UNITED STATES OF AMERICA A.D.
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
Our upcoming Houston
US Coin Signature Auction, scheduled for November 29 - December
2, features one
of only two PR66 examples to be certified at PCGS, complete
with the CAC sticker. None have been certified finer at either
major grading service. The strike is razor-sharp over surfaces that
appear mark-free, and the deep reddish-orange color adds further to
the enormous eye appeal. This gorgeous gold medal would form a
capstone on the "ultimate" commemorative gold collection.
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Website Tips: Tie
Under certain circumstances, it is possible for more than one
person to have the same bid on the same item. This is actually
fairly common, since people will tend to have similar ideas about
an item's value, often based on having access to the same reference
materials. In any case where there is a tie bid, the earliest
bidder in our records is credited with being the high bidder.
What does this mean in practice? You need to pay attention when
you complete your bid. Above are two different images from our
website, both showing the results of $2 bids on the same item in
the same auction. One of them congratulates the bidder for placing
the high bid on the item. The other states that the bidder, with
the same bid, has been outbid, and offers him the opportunity to
place another bid.
You may notice that on the version of the page where the bidder
has been outbid, the current bid is the same thing as the bid he
just placed. If you see that, it is a dead giveaway that you were
outbid by an earlier bid of the same amount and simply lost a
tiebreaker. An astute bidder will also note that the high bid is
revealed to him in this case; any further bid he places would be
guaranteed to become the high bid on the item.
Another consequence of tie bids is that under certain
circumstances it is not possible to tell strictly from search
listings whether you are the high bidder on an item. Search pages
simply show the amount of the current bid without regard to any
secret maximum bid. If the search page shows an amount less than
your secret maximum bid, you are the high bidder. If it shows an
amount more than your secret maximum bid, then you are not the high
bidder. But if it shows an amount equal to your secret maximum bid?
You don't know. Both of the bidders above can take a look at this
search page and see the current bid equal to their high bid. But
only one of them is the high bidder.
So, if you can't tell whether you're the high bidder from the
search page, what can you do? MyBids is the answer. This page will
always tell you whether you are the high bidder on an item, showing
your bid in green if you're the high bidder, and in red if you are
not. Of course, MyBids is invaluable as a record for all your bids,
not just the close ones, and our most astute bidders check this
page on a regular basis.
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This Week's Top Ten
The ten highest valued US coins struck during the 1960s, one per
1969-S 1C Doubled Die MS64 Red PCGS. Sold for $126,500.
1968 10C No S PR68 Cameo PCGS. Sold for $48,875.
1963 1C PR70 Deep Cameo PCGS. Sold for $40,250.
1961 50C PR69 Deep Cameo PCGS. Sold for $27,600.
1960 50C PR69 Deep Cameo PCGS. Sold for $27,600.
1961 50C Doubled Die Reverse PR67 Deep Cameo NGC. Sold for
1962-D 25C MS67 PCGS. Sold for $18,400.
1962 50C MS66 FBL PCGS. Sold for $17,825.
1964 50C SMS MS67 PCGS. Sold for $16,100.
1963-D 25C MS67 PCGS. Sold for $16,100.
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
- 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
- Cataloger — Currency: Dallas/Remote
- Cataloger — Decorative Arts: Dallas/Remote
- Client Services Representative: Dallas
- Color & Photography Imaging Specialist:
- Comics Grader: Dallas
- Consignment Director — Currency: Dallas
- Desktop Support: Dallas
- e-Publishing Expert: Dallas
- Graphic Designer: Dallas
- Interns: Dallas
- Microsoft Dynamics GP Accounting Developer:
- Network & Systems Administrator: Dallas
- Operations Assistant - Coins: Dallas
- Shipping Associate: Beverly Hills/Part-time
- Wine Warehouse Assistant: Beverly Hills
- Wine Warehouse Manager: 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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Tiffany, Rolex, Patek Phillipe And More Top Fine
More than 300 fine and unique timepieces, led by an array of rare
repeater pocket watches, will thrill collectors in Heritage
Auctions' Nov. 18 Timepieces
, taking place, in New York City, at the
Fletcher-Sinclair Mansion (Ukrainian Institute of America) at 2 E.
Street (at 5th
"The variety of lots being offered in this auction is truly
outstanding," said Jim Wolf, Director of Fine Timepieces for
Heritage Auctions, "with premier examples by the most respected
names in modern watch making as well as rare vintage wristwatches,
small unique clocks and a wide assortment of complicated pocket
A pocket watch that is already receiving a great deal of
attention is a colorful and whimsical Swiss
Rare Gold Minute Repeater With Unique Polo Theme Case &
Automaton, circa 1895. This scarce and unusual watch represents
the popular sport of polo, which became the favorite of the elite
at the beginning of the 20th century. It is estimated at
A very rare and important Tiffany
minute repeater, with split second chronograph
, is also on the
auction block with an estimate of $20,000+. The watch was a gift
from infamous Wall Street financier Jay Gould to his right hand
man, Giovanni Morisini, in 1884. Another historically important
watch is a complicated Grandjean
minute repeater with calendar and moon phase
, estimated at
$10,000+, which was presented in 1888 to the Speaker of the New
York assembly, the Honorable Fremont Cole.
More than 60 Rolex timepieces will give wristwatch collectors a
wide array to choose from, including a gorgeous Rolex
Ref. 6263 Very Fine Oyster Cosmograph
, circa 1974 (estimate:
$20,000+), a sleek Rolex
Ref. 6263 Rare Steel Oyster Cosmograph Daytona
, circa 1979
(estimate: $15,000+), a reference
6202 Tropical dial Turn-O-Graph
(estimate: $8,000+), a
rare 6538 Big Crown James Bond
(estimate: $40,000+) and a
1655 Double Red Mark IV Sea-Dweller Submariner
One of the auction's most anticipated highlights is extremely fine
Philippe Ref. 5110 Platinum World Time wristwatch
$25,000+), a timepiece that is widely regarded by collectors as on
its way to becoming a classic of horology.
One fortunate and savvy collector will have the chance to own a
very important timepiece in the form of a Frank
Muller prototype minute repeating wristwatch with perpetual
"This watch is accompanied by a letter, hand written and signed
by Frank Muller," said Wolf, "in which he states that he personally
made the watch in 1986 for the Vicenza Jewelry and Watch Fair. This
represents as prime an opportunity to own a superlative timepiece
as any Heritage has presented."
about fine timepieces auctions.
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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.
January 9-13 US Coin FUN Signature Auction - Orlando
Consignment Deadline: November 30, 2012
January 9-14 Currency FUN Signature Auction - Orlando
Consignment Deadline: November 19, 2012
January 6-7 Ancient & World Coin Signature Auction - New
What's My Coin
to a Heritage Auction
Consignment Deadline: November 9, 2012
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