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The Greensboro Collection, Part II Headlines Heritage's FUN Event, First Major U.S. Coins Auction Of 2013

1803 $1 PR66 PCGS. B-7, BB-303, High R.7
1803 $1 PR66 PCGS. B-7, BB-303, High R.7

An 1803 "novodel" Bust dollar, PR66 PCGS, one of only four known to exist, is among the most noteworthy lots in Heritage's U.S. Coin Signature® auction, part of the Official Auctions of the Florida United Numismatists convention, Jan. 9-13 in Orlando.

Our January auctions in association with FUN have been an annual tradition since 1996, and this year's event proves our relationship is stronger than ever. For the first time, our Platinum Night™ session includes U.S. currency as well as coins, bringing the best of both categories together for one special session.

The Greensboro Collection, Part II continues the offering of a major collection with a concentration on proof minor and silver coinage. Part I, focused on proof dimes and quarters, helped drive our October U.S. Coins auction, the Official Auction of the ANA National Money Show&#8480 in Dallas, to a total of $23.1 million sold.

Part II of The Greensboro Collection, while focused on proof large cents and half dollars, also contains noteworthy rarities in other denominations such as the 1803 "novodel" silver dollar. With just four pieces struck, the issue is twice as rare as the legendary rarity dated one year later, the Class I or "Original" 1804 dollar. The Greensboro example is making only its second auction appearance in its known history.

1838-O 50C PR64BM PCGS
1838-O 50C PR64BM PCGS

Among the proof half dollars in The Greensboro Collection, Part II is an 1838-O Reeded Edge half dollar, PR64 Branch Mint PCGS, one of a handful of examples struck as "test coins" either in Philadelphia or New Orleans.

In the recently published monograph The Surprising History of the 1838-O Half Dollar, Heritage numismatists David Stone and Mark Van Winkle present evidence that the proof 1838-O half dollars were struck on two occasions, with Originals struck in early 1838 at the Philadelphia Mint to test the dies and Restrikes made in January 1839 at the New Orleans Mint to test a newly arrived coin press. The 1838-O half dollar is a major rarity that lends instant prestige to any collector who owns one.

A third Greensboro Part II rarity expected to generate headlines is a 1792 half disme, SP67 PCGS, the only example of the Judd-7 variety certified as a "Specimen." In April 2006, Heritage auctioned this piece for more than $1.3 million, and the coin is primed to be one of only a handful of individual coins to be auctioned for over a million dollars on two separate occasions.

1793 Chain 1C AMERI. AU53 PCGS. S-1, B-1, R.4 1793 Chain 1C AMERI. AU53 PCGS. S-1, B-1, R.4

Betts-35. 1643-1644 Cecil Calvert Maryland Map Medal. Extremely Fine. Used as an Indian Peace Medal with the Susquehannock Indians. Silver oval, 35.2 x 32.4 mm, 240.1 grains. By Thomas Simon Betts-35. 1643-1644 Cecil Calvert Maryland Map Medal. Extremely Fine. Used as an Indian Peace Medal with the Susquehannock Indians. Silver oval, 35.2 x 32.4 mm, 240.1 grains. By Thomas Simon

Many important rarities come from collections beyond Greensboro. Another rarity from the early history of U.S. coinage is a 1793 Chain cent, AMERI. reverse, S-1, B-1 variety, AU53 PCGS. It represents the initial issue struck at the First U.S. Mint building in Philadelphia, which was still under construction when the 1792 half dismes were produced. This coin comes from The Wes Rasmussen Collection.

The John W. Adams Collection contains many historic medals. A major highlight is the unique Cecil Calvert Maryland Map Medal Betts-35 1643-44 Cecil Calvert Maryland Map Medal, a piece previously owned by legendary collector John Ford and described as "the first Indian Peace Medal," a class of treaty medals that would take on great importance in later centuries.

A complete 1868 Aluminum Pattern Proof Set, PR63 - PR67 Cameo NGC, is a beautiful and extremely rare set of the official coin designs of 1868, struck in aluminum instead of the regular metals. Accompanying the set is the original velvet-lined morocco presentation case that housed the coins when they were produced at the Philadelphia Mint. The set comes from The Douglas Collection.

1879 $4 Flowing Hair, Judd-1635, Pollock-1833, R.3, PR67 Cameo NGC. CAC 1879 $4 Flowing Hair, Judd-1635, Pollock-1833, R.3, PR67 Cameo NGC. CAC

Gold and gold-related items have considerable representation in the auction as well. An 1879 Flowing Hair stella in gold, PR67 Cameo NGC, CAC, is the finest of several examples of the experimental trade coin with a face value of four dollars. An extremely high-grade example of a 1927-S double eagle, MS67 PCGS, CAC, a gold issue that saw mass melting during the Roosevelt Administration, is considered the finest coin known of the limited number of pieces that still exist.

This auction is open for bidding now at HA.com/Coins.

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Seldom Seen Selections: 1868 Aluminum Proof Set

1868 Indian Cent, Judd-612, PR66 * Cameo NGC 1868 Indian Cent, Judd-612, PR66 * Cameo NGC

1868 Two Cent Piece, Judd-614, PR66 Cameo NGC 1868 Two Cent Piece, Judd-614, PR66 Cameo NGC

Our upcoming 2013 January 9-13 US Coin FUN Signature Auction features one of the more fascinating numismatic items we've been privileged to offer in some time, an Experimental 1868 Aluminum Proof Set, 16 pieces from Cent Through Double Eagle. This is the finest of only three sets known, and is pedigreed to the Garrett collection. All coins are struck in from regular dies, and grades of the individual coins range between PR63 and PR67 Cameo. Also included is the original velvet-lined morocco presentation case that housed the coins when they were produced at the Philadelphia Mint.

The experimental 1868 aluminum proof sets were produced at the request of Mint Director Henry Linderman, ostensibly for presentation to the Bank of England and other European entities, to demonstrate the advantages of aluminum as a coinage metal. However, it now seems more likely that the sets were actually intended as numismatic delicacies for sale or presentation to favored collectors and influential parties in this country. Four cased sets were officially requested, and we can trace the history of four sets in numismatic holdings in the United States, including one set in the possession of Hugh McCulloch, Secretary of the Treasury in 1868, and another in the collection of Mint Director Linderman himself. Officials at the Bank of England inform us that there is no record of a set being sent to their collection in the 19th century, and it seems unlikely that any sets were sent to other European destinations.

1868 Three Cent Nickel, Judd-621, PR67 Cameo NGC 1868 Three Cent Nickel, Judd-621, PR67 Cameo NGC

1868 Seated Liberty Half Dime, Judd-639, PR66 Cameo NGC 1868 Seated Liberty Half Dime, Judd-639, PR66 Cameo NGC

The 1868 aluminum proof sets have a fascinating but checkered history. In a scenario reminiscent of the curse of the legendary Hope Diamond, grave misfortune befell many of the owners of these coins, including bankruptcy, public disgrace, and early death. At one point in 1887, the U.S. government declared the coins illegal to own, and confiscated and destroyed one of the sets. Thankfully, the government has softened its position on pattern ownership in recent times, and the sets now sell readily, with no official interference.

With one of the original four sets destroyed, and another impounded in the Eric Newman Foundation, only two sets are available to collectors today. The majority of the coins in this set are in higher grades than the corresponding coins in the other set, which Heritage handled in January 2007. This incredible proof set, with a combination of extreme rarity, breathtaking eye appeal, and highest available technical grade, should find a home in the finest pattern collection or Registry Set.

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Website Tips: Connect to Heritage through PayPal

If you've visited the Heritage website recently, you may have noticed a change as you tried to log in. We now allow you to sign up or log in to HA.com with your PayPal credentials.

As always, you can log in with your Heritage username and password. However, if you click on the PayPal icon to sign in, you will be taken to a screen that asks you to sign in with your PayPal credentials. Enter the email address and password you use with PayPal here.

If your PayPal account is not connected with your Heritage account yet, but we recognize the email address, you will see a screen that looks like this. To connect the two accounts, just enter your Heritage password here. Once you've connected your account, you will be able to sign in to Heritage with your PayPal credentials for as long as the two accounts are connected.

You can always connect and disconnect a PayPal account, regardless of email address, to your Heritage account through MyProfile. In the lower part of the page, click on the switch to connect the PayPal account of your choice. Once connected, you can sign in with either your Heritage information or your PayPal information for as long as the accounts are connected.

If you're not already a Heritage member, you can join as a full member with just your PayPal credentials. To sign up this way, just click on the PayPal icon on the sign-up page and enter your PayPal credentials. Once you've done that, a page will come up with a couple of quick questions, and you're all done!

Finally, if you're not approved to bid yet, you can get approved to bid by connecting a PayPal account to your Heritage account. As long as the PayPal account connected to your account is validated through PayPal (this involves connecting the PayPal account to a valid bank account), you're good to go.

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This Week's Top Ten

The ten highest valued aluminum pattern coins to sell in Heritage auctions:

  1. 1942 Cent, Judd-2079, Pollock-2076, R.8, PR66 PCGS.
    1942 Cent, Judd-2079, Pollock-2076, R.8, PR66 PCGS.
  2. 1942 Cent, Judd-2079, Pollock-2076, R.8, PR66 PCGS. Sold for $126,500.
  3. 1872 Amazonian Twenty Dollar, Judd-1252, Pollock-1394, R.8, PR66 NGC. Sold for $103,500.
  4. 1879 Coiled Hair Four Dollar, Judd-1640, Pollock-1840, High R.7, PR66 Cameo NGC. Sold for $97,750.
  5. 1880 Coiled Hair Four Dollar Stella, Judd-1662, Pollock-1862, High R.7, PR66 NGC. Sold for $97,750.
  6. 1880 Flowing Hair Four Dollar Stella, Judd-1659, Pollock-1859, High R.7, PR64 Cameo PCGS. Sold for $63,250.
  7. 1875 One Cent, Judd-1384, Pollock-1528, R.8, PR66 Cameo PCGS. Sold for $57,500.
  8. 1879 Flowing Hair Four Dollar Stella, Judd-1637, Pollock-1835, High R.7, PR66 NGC. Sold for $57,500.
  9. 1870 Dollar, Judd-1021, Pollock-1156, R.8, PR67 Cameo NGC. Sold for $54,625.
  10. 1865 Half Dollar, Judd-431, Pollock-504, Unique, PR66 Cameo NGC. Sold for $46,000.
  11. 1875 Gold Dollar, Judd-1433, Pollock-1576, R.8, PR64 PCGS. Sold for $43,125.

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

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  Announcements

Coin Buyer Wanted - San Francisco Office

Heritage Auctions is seeking a talented numismatist with a broad range of expertise to join our new S.F. office located in Jackson Square. If you have an good working knowledge base of U S. coins and currency and are comfortable dealing with the public, we have an opening for a permanent position as a buyer in our San Francisco office. Duties will include dealing with walk-in clients, evaluating and purchasing coins and currency, working local coin shows, and accepting Auction consignments. Pay will be commensurate with numismatic experience.

If you are interested in this position, please contact Jobs@HA.com.

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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:

  • Accounts Payable Clerk: Dallas
  • Cataloger — Currency: Dallas
  • Cataloger — Fine Jewelry: Dallas
  • Client Services Representative: Dallas
  • Collections Specialist: Dallas/Contract
  • Color & Photography Imaging Specialist: Dallas/Contract
  • Consignment Director — Currency: Dallas
  • Desktop Support: Dallas
  • e-Publishing Expert: Dallas
  • Interns: Dallas
  • Senior Settlements Accountant: Dallas
  • Shipping Associate: Beverly Hills/Part-time
  • 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

Rescued from a tag sale, Garrard centerpiece brings $32,500 in Heritage's silver and decorative arts auctions

Garrard Victorian centerpieceA monumental Garrard Victorian centerpiece destined for a Dallas estate sale before Heritage researchers discovered it was cast from more than 200 ounces of silver, sold for $32,500 to lead Heritage's Dec. 5 & 6 Silver & Vertu and Decorative Arts Signature® Auctions. The auction saw strong bidder interest for Tiffany silver objects, 19th century furniture, sculpture and clocks, with a circa 1875 three piece French gilt bronze, cloisonné and champlevé enamel clock garniture selling for $31,250.

A local dealer, suspecting the Garrard centerpiece was much more than average silver plate, suggested the consignor bring it to Heritage after spotting it among items scheduled for a Dallas estate sale. Heritage researchers quickly discerned it was produced circa 1851-1852 out of 226.68 troy ounces by London's R&S Garrard. Designed by Edmund Cotterill (1795-1860), the centerpiece depicts a turbaned Moorish rider on horse and a camel lying beside his rider.

"This is one more example why it is so important to make sure you know what you have before you sell," said Karen Rigdon, Consignment Director of Decorative Arts at Heritage. "The consignor is overwhelmed. This is the second time this year Heritage has granted a consigner a veritable windfall due to our decorative arts auctions." Following an appraisal event in Dallas, Heritage sold a Victorian glass bead and wood mirror for $35,000 in September, much to the shock — and delight — of the consigner.

Additional silver highlights during the Dec. 5-6 auction include a seven-piece Kurz & Co. Hanau silver tea and coffee service and tray selling for $17,500 and a lot of 149 pieces of Georg Jensen silver flatware service in the acorn pattern selling for $13,750.

A François Linke French Louis XV-style kingwood and marble commode brought $31,250. The serpentine fronted two-drawer chest was made for Mrs. James Leary Flood following the 1906 San Francisco earthquake. After the earthquake destroyed their Nobb Hill home, James and Maud Flood commissioned architects Bliss and Faville to build a Renaissance Revival-style "house of marble" in San Francisco's Pacific Heights neighborhood. Mrs. Flood ordered furniture such as the commode by Linke to make her new house a home.

More information about Fine Art 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 would you rather see in your Christmas stocking?
       A) 1909-S VDB cent, AU
       B) An uncirculated Saint-Gaudens double eagle
       C) A run of uncirculated Carson City dollars dated 1881-1885
       D) An Athenian silver owl decadrachm
       E) An uncirculated Lafayette dollar




Last week's questions:

Which of the following US coin designers is your favorite?
A) Charles Barber (11%).
B) Victor D. Brenner (4%).
C) George Morgan (14%).
D) Augustus Saint-Gaudens (48%).
E) Adolph A. Weinman (23%).

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  Is it Time to Sell? Long Beach: One of the finest traditions in numismatics

Heritage held our first Official Auction at the Long Beach Coin Expo in 1985, to be followed by 76 spectacular Long Beach auctions — successfully selling more than $600 million of numismatic rarities.

We are now accepting consignments for our February 2013 Long Beach Signature Auction of U.S. Coins. You have an exciting opportunity to consign your rare coins to Heritage's first West Coast event of 2013. The coin market continues strong, buoyed by new collectors and investors.

2013 February 7 - 10 US Coin Signature Auction - Long Beach
Consignment Deadline: December 26, 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
2013 January 6-7 Ancient & World Coin Signature Auction - New York
2013 January 6-7 Ancient & World Coin Signature Auction - New York #3021
View Lots

2013 January 9-13 US Coin FUN Signature Auction - Orlando
2013 January 9-13 US Coin FUN Signature Auction - Orlando #1181
View Lots

2013 January 15 - 16 NYINC World Coin Non-Floor Session - Dallas
2013 January 15 - 16 NYINC World Coin Non-Floor Session - Dallas #3022
View Lots

Sunday Internet Coin Auction Sunday Internet Coin Auction #131252
December 23, 2012
View Lots
Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131252
Special Holiday Closing Date
December 26, 2012
View Lots
Thursday Modern Coin Auction Thursday Modern Coin Auction #241252
December 27, 2012
View Lots
Weekly World Coin Auction Weekly World Coin Auction #231252
December 27, 2012
View Lots


Currency Auctions
2013 January 9-14 Currency FUN Signature Auction - Orlando #3521 2013 January 9-14 Currency FUN Signature Auction - Orlando #3521
View Lots
Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141252
Special Holiday Closing Date
December 26, 2012
View Lots

Other Internet Auctions
Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161252
December 23, 2012
View Lots
Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151252
December 23, 2012
View Lots
Sunday Internet Comics Auction Sunday Internet Comics Auction #121252
December 23, 2012
View Lots
Weekly Internet Luxury Accessories Auction Weekly Internet Luxury Accessories Auction #251252
Special Holiday Closing Date
December 26, 2012
View Lots
Tuesday Internet Watch and Jewelry Auction Tuesday Internet Watch and Jewelry Auction #171252
Special Holiday Closing Date
December 26, 2012
View Lots
Thursday Vintage Guitar & Musical Instrument Internet Auction Thursday Vintage Guitar & Musical Instrument Internet Auction #181252
December 27, 2012
View Lots
Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201252
December 27, 2012
View Lots

Auction Schedule | Order a Catalog

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