Heritage Auction Galleries
| Art & Antiques | Books | Coins | Comics | Currency  
| Entertainment & Music | Historical | Jewelry, Timepieces & Luxury Accessories  
| Movie Posters | Nature & Science | Sports | Wine | Charity Auctions  
Coins
  This Week In Coin News
 

  Collector News

Loaded Sunday and Tuesday Internet Auctions this Week

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:

1793 1/2 C AU53 NGC
Sunday:
1874-CC 10C Arrows AU50 NGC
Tuesday:

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.

Back to Top

Seldom Seen Selections: One of the Finest Norse Gold Metals

1925 Medal Norse Gold PR66 PCGS. CAC.
1925 Medal Norse Gold PR66 PCGS. CAC.
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. 1000.

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.

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.

Back to Top

Website Tips: Tie Bids








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.

Back to Top

This Week's Top Ten

The ten highest valued US coins struck during the 1960s, one per coin:

1969-S 1C Doubled Die MS64 Red PCGS.
1969-S 1C Doubled Die MS64 Red PCGS.
  1. 1969-S 1C Doubled Die MS64 Red PCGS. Sold for $126,500.
  2. 1968 10C No S PR68 Cameo PCGS. Sold for $48,875.
  3. 1963 1C PR70 Deep Cameo PCGS. Sold for $40,250.
  4. 1961 50C PR69 Deep Cameo PCGS. Sold for $27,600.
  5. 1960 50C PR69 Deep Cameo PCGS. Sold for $27,600.
  6. 1961 50C Doubled Die Reverse PR67 Deep Cameo NGC. Sold for $19,550.
  7. 1962-D 25C MS67 PCGS. Sold for $18,400.
  8. 1962 50C MS66 FBL PCGS. Sold for $17,825.
  9. 1964 50C SMS MS67 PCGS. Sold for $16,100.
  10. 1963-D 25C MS67 PCGS. Sold for $16,100.

Do you have a suggestion for a future top ten list? Send it to us!

Back to Top


  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).

Back to Top


  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
  • Cataloger — Decorative Arts: Dallas/Remote
  • Client Services Representative: Dallas
  • Color & Photography Imaging Specialist: Dallas/Contract
  • Comics Grader: Dallas
  • Consignment Director — Currency: Dallas
  • Desktop Support: Dallas
  • e-Publishing Expert: Dallas
  • Graphic Designer: Dallas
  • Interns: Dallas
  • Microsoft Dynamics GP Accounting Developer: Dallas/Contract
  • 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.

Back to Top


  Around Heritage

Tiffany, Rolex, Patek Phillipe And More Top Fine Timepieces Auction

Swiss Rare Gold Minute Repeater With Unique Polo Theme Case & Automaton, circa 1895
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 Signature Auction, taking place, in New York City, at the Fletcher-Sinclair Mansion (Ukrainian Institute of America) at 2 E. 79th Street (at 5th Ave.).

"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 watches."

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 $15,000+.

Tiffany minute repeater, with split second chronograph
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.
Rolex Ref. 6263 Very Fine Oyster Cosmograph
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 stunning reference 1655 Double Red Mark IV Sea-Dweller Submariner (estimate: $15,000+).
Patek Philippe Ref. 5110 Platinum World Time wristwatch
One of the auction's most anticipated highlights is extremely fine Patek Philippe Ref. 5110 Platinum World Time wristwatch (estimate: $25,000+), a timepiece that is widely regarded by collectors as on its way to becoming a classic of horology.
Frank Muller prototype minute repeating wristwatch with perpetual calendar
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 calendar (estimate: $70,000+).

"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."

More information about fine timepieces auctions.

Back to Top


  Heritage Interactive
Opinion Poll

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

When did you start collecting coins?
       A) 1960s or earlier
       B) 1970s
       C) 1980s
       D) 1990s
       E) 2000 or later




Last week's questions:

How many coin shows do you go to in an average year?
A) None (31%).
B) 1-2 (35%).
C) 3-5 (23%).
D) 6-10 (7%).
E) More than 10 (4%).

Back to Top


  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?
Consign to a Heritage Auction

Back to Top


  Current Auctions
Coin Auctions
Sunday Internet Coin Auction Sunday Internet Coin Auction #131245
November 4, 2012
View Lots
Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131245
November 6, 2012
View Lots
Thursday Modern Coin Auctions Thursday Modern Coin Auctions #241245
November 8, 2012
View Lots
Weekly World Coin Auction Weekly World Coin Auction #231245
November 8, 2012
View Lots


Currency Auctions
Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141245
November 6, 2012
View Lots

Other Signature Auctions
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
View Lots
2012 November 10 Western & California Art Signature Auction - Dallas 2012 November 10 Western & California Art Signature Auction - Dallas #5116
View Lots
2012 November 10 American Indian Art Signature Auction - Dallas 2012 November 10 American Indian Art Signature Auction - Dallas #5117
View Lots
2012 November 15 Texas Art Signature Auction - Dallas 2012 November 15 Texas Art Signature Auction - Dallas #5114
View Lots
2012 November 15 American & European Art Signature Auction 2012 November 15 American & European Art Signature Auction #5118
View Lots
2012 November 15-17 Vintage Comics & Comic Art Signature Auction- Dallas 2012 November 15-17 Vintage Comics & Comic Art Signature Auction- Dallas #7066
View Lots
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
View Lots
2012 November 17 Photographs Signature Auction - New York 2012 November 17 Photographs Signature Auction - New York #5119
View Lots
2012 November 18 Timepieces Signature Auction - New York 2012 November 18 Timepieces Signature Auction - New York #5121
View Lots
2012 November 20 Save Ellis Island Photography and Art Auction 2012 November 20 "Save Ellis Island" Photography and Art Auction #525
View Lots
2012 December 3 Jewelry Signature Auction- Dallas 2012 December 3 Jewelry Signature Auction- Dallas #5122
View Lots
2012 December 4 Handbags & Luxury Accessories Signature Auction- Dallas 2012 December 4 Handbags & Luxury Accessories Signature Auction- Dallas #5123
View Lots

Other Internet Auctions
Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161245
November 4, 2012
View Lots
Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151245
November 4, 2012
View Lots
Sunday Internet Comics Auction Sunday Internet Comics Auction #121245
November 4, 2012
View Lots
Weekly Internet Luxury Accessories Auction Weekly Internet Luxury Accessories Auction #251245
November 6, 2012
View Lots
Tuesday Internet Watch and Jewelry Auction Tuesday Internet Watch and Jewelry Auction #171245
November 6, 2012
View Lots
Thursday Vintage Guitar & Musical Instrument Internet Auction Thursday Vintage Guitar & Musical Instrument Internet Auction #181245
November 8, 2012
View Lots
Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201245
November 8, 2012
View Lots
Monthly Internet Wine Auction Monthly Internet Wine Auction #221245
November 8, 2012
View Lots

Auction Schedule | Order a Catalog

Back to Top



Search Heritage

My Heritage
Missed An Issue?
In the News
The Intelligent Collector
Free digital subscription
Sign up now
Heritage Auctions Mobile
Search, View and Bid from almost any mobile device!
Consign Now!
e-mail or Call Today:
Sam Foose
1-800-872-6467 x1227
Don't Miss Out
Get e-mail notifications in all of your areas of interest.
Click Here!
Website Tips
Huge Discounts
Need Help?
Either reply to this e-mail, visit our Contact Us web page, or call us at:1-800-872-6467
(214) 528-3500
Fax: 214-409-1425

Frequently Asked Questions
Facebook Twitter YouTube