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Coins
  This Week In Coin News
 
November 17, 2012

1895 Cameo Morgan Dollar Highlights Houston Event
Seldom Seen Selections: 1861 Confederate Cent, the Haseltine Restrike
Website Tips: Get Alerted When Your Lot Is Coming Up For Auction
This Week's Top Ten
Reduced Auction Commissions When You Resell Your Winnings!
Employment Opportunities
Around Heritage Auctions
Instant Quiz
Is It Time To Sell? 2013 January Orlando FUN Auctions
Current Auctions: November 29 - December 2 US Coin Signature Auction - Houston #1177, Internet Coin Auctions


  Collector News

1895 Cameo Morgan Dollar Highlights Houston Event

1895 $1 PR66 Cameo PCGS.
1895 $1 PR66 Cameo PCGS.
A proof-only 1895 Philadelphia Morgan dollar, PR66 Cameo PCGS, leads the thousands of lots up for bid at our November 2012 U.S. Coins Signature® Auction, the official auction of the Money Show of the Southwest, with floor sessions scheduled for Nov. 29-30 in Houston and live bidding sessions December 1-2 at HA.com/Coins.

The 1895 Morgan dollar is one of the all-time famous rarities. Morgan dollar enthusiasts dream of owning any specimen from the issue of just 880 proofs, so our offering of this high-end example — a gorgeous PR66 Cameo survivor — will thrill the winning bidder.

Another high-end silver coin is an 1896-S Barber quarter, MS66 NGC, considered among the half-dozen finest available. The 1896-S is the first of three San Francisco Barber quarters that form the key dates of the series. While it has the highest mintage of the three and generally is considered to be the most common in lower grades, in better-than-Gem condition, it rivals the more famous 1901-S quarter in rarity.

Important 19th and 20th century gold includes a 1911-D quarter eagle, MS65 NGC, once again an important key-date coin in high grade; a scarce and unusual 1834 Classic Head half eagle with Crosslet 4 in Date, MS62 PCGS, and a 1929 double eagle, MS64 PCGS, a heavily melted later Saint-Gaudens issue struck in the year of the infamous stock market crash that popularly marks the start of the Great Depression.

1783 SHLNG Chalmers Shilling, Long Worm AU58 PCGS. CAC. Breen-1012, W-1790, R.4.
1783 SHLNG Chalmers Shilling, Long Worm AU58 PCGS. CAC. Breen-1012, W-1790, R.4.
Private and semi-private coins, tokens and medals are an uncommon and welcome strength of this auction. A silver 1783 Chalmers Shilling with Long Worm reverse, AU58 PCGS is a well-preserved example of the private coinage created by Annapolis silversmith Captain John Chalmers for local circulation. Also notable are a wide selection of the Hard Times Tokens created by Dr. Lewis Feuchtwanger, tireless self-promoter of his pet alloy of copper, nickel, and zinc. A representative leading light is a rare 1837 three-cent Feuchtwanger token with Eagle Reverse, MS63 PCGSM.

Of similar rarity is an 1874 restrike in copper of the 1861 Confederate cent, PR65 Red and Brown PCGS, one of 55 such pieces struck by John W. Haseltine from the dies clandestinely created by Philadelphia diesinker Robert Lovett, Jr.

Of a far more official character is a 1925 Norse Gold Medal, PR66 PCGS, CAC, a medal congressionally authorized in lieu of a commemorative coin and struck from dies created by Buffalo nickel designer James E. Fraser. Just 47 of the gold medals were sold, compared to far higher tallies for the silver and bronze versions.

Bid on this auction now at www.HA.com/coins.

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Seldom Seen Selections: 1861 Confederate Cent, the Haseltine Restrike

1861 Confederate States of America Cent PR65 Red and Brown PCGS. CAC. Copper 1874 Haseltine Restrike, Breen-8008, R.5.
1861 Confederate States of America Cent PR65 Red and Brown PCGS. CAC. Copper 1874 Haseltine Restrike, Breen-8008, R.5.
The important and rare Confederate States of America restrike cents produced in the mid-19th century by John W. Haseltine must not be confused with the later — much later — restrikes produced by Robert Bashlow, coins that have heavy die cancellation marks on them. Our upcoming Houston US Coin auction, taking place November 29 - December 2, features one such restrike cent.

The story goes that Robert Lovett, Jr., of Philadelphia, the designer of the dies and a prolific diesinker, was approached in 1861 in Philadelphia by agents of the Confederate States of America to design dies for a Southern coinage. Lovett stated that he struck 12 original cents in copper-nickel but never delivered them; he feared federal charges of treason, the Civil War having commenced by that time.

For the Confederate States of America cent, Lovett chose an obverse that some call the "French Liberty Head" design, a left-facing Liberty with traditional pileus, a symbol of liberty, on her head. Long tresses flow down her back and onto the rear area of the sharply truncated bust. The CONFEDERATE STATES OF AMERICA encircles the periphery, with the date 1861 below. The reverse wreath is composed of a bale of cotton at the bottom center with bow above, tobacco, corn, maple, and two barrels.

In another move that Lovett would likely later also consider unwise, he signed the cotton bale at lower reverse with a prominent L initial, quite prominent on this example.

The CSA Restrikes were struck in 1874 by Haseltine, who had acquired the dies for the then-unknown Confederate cents from Lovett. Impressions were made in copper (but none in copper-nickel, a smart move on Haseltine's part), to the extent of a reported 55 pieces; rarer gold and silver strikes were also produced.

This Gem Red and Brown PCGS-certified example is yet more important, as one of the finest in color and grade that that service has graded. No Red examples are known to PCGS, and this PR65 Red and Brown is one of only two such pieces. Under a lamp, considerable mint red outlines the devices and legends on both sides, with some lovely brown and purple field accents. One could easily imagine a late-series Indian cent that offers similar coloration, and neither side displays any mentionable contact. Quite the contrary, the sharp proof strike, beautiful color, and pristine surfaces mark this coin for high eye appeal, as does the CAC approval that accompanies it.

The CSA Restrike cents are so rare that they appear on the market fairly infrequently. In 2008 we offered a PR63 Red and Brown PCGS example that finally crossed the auction block for a winning bid of $31,050 in our FUN Signature Auction. In January 2010, a piece in the PR65 Red and Brown grade sold in a Stack's auction for $43,700, lot 3754. In January 2008, a piece in PR65 Red and Brown PCGS brought $48,300 at Stack's, lot 88. This piece is not an obvious plate-match with either of those Gems.

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Website Tips: Get Alerted When Your Lot Is Coming Up For Auction

Now at HA.com, you can receive Text (SMS) reminders on your smartphone, to remind you when a lot you have bid on, tracked, or consigned is coming up for Live Auction.

For any lots you choose, we will send a text message approximately 20 minutes before the lot comes up for Live Auction. This feature gives you the opportunity to not be outbid once the lot you want goes up for Live Auction — or you can choose to watch along with the auction as the hammer falls.

If you haven't already signed up to receive text messages, just go to MyProfile and enter your mobile phone number. We will send you a confirmation text message. To activate this service, just reply to the confirmation message with 'yes'. Heritage doesn't charge for this service, but standard text messaging rates may apply from your carrier.

Once you're signed up to receive text messages, there are two ways you can sign up to receive live bid notifications. As you place your bid, the bid confirmation page contains a link where you can click to enable the live bidding text messages. Once you click on this link, you're set up. The link is also available on the bid results page if you're the high bidder on the lot.

You can also add text alerts from MyBids, MyTrackedLots, or MyConsignments. Click on the checkbox to the left of all lots for which you wish to receive notices. Then, from the Lot Actions dropdown immediately above or below the lot listings, choose "Enable Live Bidding Text (SMS) Alerts" and click "Submit".

If you have Live Bidding alerts enabled, you will see a green icon next to the MyBids/MyTrackedLots/MyConsignments listing.

Live Bid notifications are available for all items in live auction sessions, regardless of whether there is a floor session or not. They are, of course, not available for our weekly Internet-only auctions.

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This Week's Top Ten

The ten highest valued coins in Heritage auctions struck in US mints closed by the Civil War, one per coin:

1856-O $20 SP63 PCGS. CAC.
1856-O $20 SP63 PCGS. CAC.
  1. 1856-O $20 SP63 PCGS. CAC. Sold for $1,437,500.
  2. 1838-O 50C PR63 Branch Mint PCGS. CAC. Sold for $632,500.
  3. 1854-O $20 AU55 PCGS. Sold for $603,750.
  4. 1839-O 50C PR65 NGC. Sold for $299,000.
  5. 1852-O $20 MS65 NGC. Sold for $276,000.
  6. 1849-C G$1 Open Wreath XF45 NGC. Sold for $218,500.
  7. 1861-D $5 MS63 PCGS. CAC. Sold for $207,000.
  8. 1857-O $20 MS62 NGC. CAC. Sold for $172,500.
  9. 1842-C $5 Small Date MS63 NGC. CAC. Sold for $166,750.
  10. 1855-D G$1 MS64+ NGC. CAC. Variety 7-I. Sold for $155,250.

Coins included were struck in Charlotte, Dahlonega, and New Orleans in 1861 and earlier.

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, 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
  • Cataloger — Decorative Arts: Dallas
  • Cataloger — Jewelry: 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
  • Graphic Designer: Dallas
  • Interns: Dallas
  • Microsoft Dynamics GP Accounting Developer: Dallas/Contract
  • Network & Systems Administrator: Dallas
  • Operations Assistant — Coins: Dallas
  • Senior Settlements Accountant: 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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  Around Heritage
One-of-a-kind 1928 Mickey Mouse Movie Poster Readies for Auction in Dallas
Mickey Mouse Stock Poster (Celebrity Productions, 1928).
When a one-of-a-kind Mickey Mouse movie poster from 1928 — the earliest known poster of the world's most famous mouse and a singular piece of pop culture treasure — hits the block as part of a Movie Posters event on Nov. 29, it will represent a once-in-a-generation opportunity for a collector, fan or Disney-aficionado to acquire what many would consider the ultimate piece of Disney memorabilia.

The poster comes to auction from the collection of the late Crowell Havens Beech, a major movie poster collector and dealer who passed away, at age 86, in 2010. He sold a good portion of his collection in the late 1990s at Sotheby's in two highly vaunted auctions, where most collectors thought his key pieces were all sold.

Beech, however, tucked a few gems away for his daughters — without telling them. One of them was this 1928 Mickey poster, which he had acquired in 1988 from the legendary Steve Schapiro Collection. From there, according to Beech's daughter, Terry Leighton, of northern California, he kept the poster secreted away from everyone, laying it flat on top of a dresser, covering it with another piece of wood and then covering that with a tapestry.

"I didn't even know he had it," she said. "He only showed it to very trusted friends and didn't show it to me until around 2005, when he knew his health was declining. He started confiding in me about the important things he wanted me to know in case something happened to him. Among those things was this poster: the crown jewel of his collection."

According to Leighton, Beech was certain that this poster, if he ever decided to sell it, would be the first movie poster to ever bring $1,000,000. Leighton, however, is more sanguine about the prospective prices for the treasure.

Grey Smith, the Director of Movie Poster Auctions at Heritage, has set the pre-auction estimate for the poster at $20,000+, though he knows it could bring considerably more when it crosses the block on Thursday, Nov. 29 in Dallas.

"This is a poster that has everything going for it," said Grey Smith, Director of Movie Poster Auctions at Heritage. "Incredible rarity, great condition and subject matter that is instantly recognizable the world over. It's difficult to say what it will bring because there is simply nothing to compare it to. It's one-of-a-kind. What exactly is that worth? We'll see very soon..."

Leighton and her sister are selling the poster now because they know it's a cultural treasure and that it needs to be in the hands of an individual or institution that will know how to properly care for and display it.

"It seems a shame for us to keep it, as we just don't know what we would do with it," she said. "This really does need to find a home with someone who will treasure it the way my father did."

Disney created Mickey Mouse in 1928. The first 12 Mickey cartoons, including Steamboat Willie — the first sound cartoon and considered by many to be the most important cartoon of all time — were distributed by Celebrity Pictures, between Nov. 1928 and Dec. 1929. Beginning in January of 1930, all of Disney's cartoons would be distributed by Columbia Pictures. It is likely that there were no individual one sheets produced by Celebrity Productions as they were a very low budget distributor (and the country was in a deep depression) and in fact, no individual cartoon one sheets for Mouse shorts from Celebrity has ever been seen.

"This is very likely the only poster created for Mickey until the 1930 era," said Smith, "and this is the only surviving example."

More information about movie posters auctions.

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  Heritage Interactive
Opinion Poll

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

Which of the following do you prefer to collect?
       A) Ancient Coins
       B) US Coins
       C) World Coins
       D) Currency
       E) Something else




Last week's questions:

How many coin clubs do you belong to?
A) 1 (26%).
B) 2 (13%).
C) 3 (6%).
D) 4 or more (5%).
E) What's a coin club? (50%).

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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

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

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  Current Auctions
Coin Auctions
2012 November 29 - December 2 US Coin Signature Auction - Houston
2012 November 29 - December 2 US Coin Signature Auction - Houston #1177
View Lots

Sunday Internet Coin Auction Sunday Internet Coin Auction #131247
November 18, 2012
View Lots
Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131247
November 20, 2012
View Lots
Thursday Modern Coin Auctions Thursday Modern Coin Auctions #241247
November 22, 2012
View Lots
Weekly World Coin Auction Weekly World Coin Auction #231247
November 22, 2012
View Lots


Currency Auctions
Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141247
November 20, 2012
View Lots

Other Signature Auctions
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 November 29-30 Dallas Vintage Movie Poster Signature Auction 2012 November 29-30 Dallas Vintage Movie Poster Signature Auction #7067
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
2012 December 5 Silver & Vertu Signature Auction- Dallas 2012 December 5 Silver & Vertu Signature Auction- Dallas #5124
View Lots
2012 December 6 Decorative Art & Design Signature Auction- Dallas 2012 December 6 Decorative Art & Design Signature Auction- Dallas #5125
View Lots
2012 December 8 Civil War & Militaria Auction 2012 December 8 Civil War & Militaria Auction #6083
View Lots

Other Internet Auctions
Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161247
November 18, 2012
View Lots
Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151247
November 18, 2012
View Lots
Sunday Internet Comics Auction Sunday Internet Comics Auction #121247
November 18, 2012
View Lots
Weekly Internet Luxury Accessories Auction Weekly Internet Luxury Accessories Auction #251247
November 20, 2012
View Lots
Tuesday Internet Watch and Jewelry Auction Tuesday Internet Watch and Jewelry Auction #171247
November 20, 2012
View Lots
Thursday Vintage Guitar & Musical Instrument Internet Auction Thursday Vintage Guitar & Musical Instrument Internet Auction #181247
November 22, 2012
View Lots
Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201247
November 22, 2012
View Lots

Auction Schedule | Order a Catalog

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