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  This Week In Coin News

  Collector News

Heritage Awards Eighteenth Mint State High Relief $20 to Wyoming Collector

1907 $20 High Relief, Flat Rim MS61 NGC
1907 $20 High Relief, Flat Rim MS61 NGC
Continuing their annual tradition begun in 1996, Heritage Auctions has awarded a Mint State High Relief double eagle as the Grand Prize in their annual client survey. The classic American numismatic rarity, certified by NGC as MS-60 Flat Rim, was won by Wayne Elworth, a collector from Wyoming, who described his prize as "the best thing that has ever happened to my meager little collection." The surveys are undertaken by the auction firm to support higher levels of service.

According to Mr. Elworth: "I was totally shocked when Bob Korver called to tell me I had won a Mint State High Relief Saint. I could hardly hold on to the phone. It's the only thing I have ever won, and is now the 'crown jewel' of my collection. Thank you, Heritage, so very much — I can't thank you folks enough."

Mr. Elworth's interest in rare coins," explained Heritage Vice-President David Mayfield, "started the summer of 1953 when he found a 1864 2-cent piece that he describes as 'green as a gourd'; none-the-less, he was soon hooked on old coins."

According to Elworth, "Back then, old coins were easy to get. Many Barber coins, Indian cents, and even some well-worn Seated coins were still in circulation. My collection grew and got better through the years. My interests expanded to Civil War tokens, to sets of Lincoln cents, to silver dollars in the old blue Whitman folders. Over the years I bettered my collection, getting more into nice type coins, including gold type."

The 1907 High Relief Double Eagle, dated with the Roman numerals MCMVII, is considered by many collectors as the most beautiful American coin. Even novice collectors quickly become aware of the issue's fascinating history, starting with President Theodore Roosevelt's desire to improve the aesthetic qualities of America's coinage. Roosevelt, appreciating the coins of ancient Greece with their high relief designs and strong artistic traditions, personally selected sculptor Augustus Saint-Gaudens. Roosevelt understood that a nation's coins are among the most enduring records of its arts, and he wanted coins that would reflect American ideals. As collectors quickly learn, production problems (multiple blows were needed for full striking) and stacking problems in banks limited the commercial use of the High Relief design, and only 12,367 were minted. Reduced-relief versions of Saint-Gaudens' basic design, with the date changed to the Arabic numerals "1907", were produced for the remainder of the year. The High Relief rarity is on most collectors' wantlist, and examples are avidly pursued wherever they appear.

Concluded Mayfield: "Previous High Relief winners have been from Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, New York, Ohio, Virginia, and Washington."

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Seldom Seen Selections: Gem Proof 1846 Dime

1846 10C PR65 NGC
1846 10C PR65 NGC
The 1846 Seated dime issue is popular and sought-after even in Mint State, where grade-for-grade it is more elusive than the more famous 1844 "Little Orphan Annie." The proof 1846 dime in our upcoming Dallas 2013 March 21-22 & 24 US Coin Signature Auction, which we last offered in 2008 as part of the Phil Kaufman Collection, at one time formed part of the John Jay Pittman complete 10-piece 1846 proof set, half cent through eagle, including the gold pieces.

Attractive medium russet, gold, and cobalt-blue toning adorns both sides of this wonderful Gem proof. The impeccably preserved surfaces display mirrorlike fields that accentuate the motifs. The strike is full throughout, including full separation of Liberty's foot and sandal, and crispness on the star centrils and leaf venation. Prominent recutting is visible on the 46 of the date, and a lint mark touches both stars 6 and 7 as well as a denticle. There is a long, raised die line in the field from the bottom of the cap to the drapery. Both the technical quality and eye appeal are outstanding.

Graded PR65 by NGC, this coin is either the finest known or tied for the finest, depending on whether the second NGC example in the same grade is a resubmission or a different coin. In addition to the two Gem proof dimes, NGC has certified a PR64, two PR63, and a PR62. PCGS has seen two PR64, five PR63, and three PR62 examples. It is almost a certainty that a number of these 16 "grading events" are duplications. PCGS CoinFacts estimates that only 12 examples survive in all.

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Website Tips: Calendar Reminders



Ever miss a Heritage auction because you were too busy doing something else on the computer to place a bid? Now, on each of our catalog home pages, you have the ability to automatically remind yourself — and others, if you wish — of our upcoming auctions.



Clicking on the "Add Calendar Reminder" link will open a window similar to the above, which is in Microsoft Outlook. Change the start and end time to best fit your schedule; for instance, if you have a lot of bids to place, you might wish to remind yourself to place them an hour before the close of the auction, or even right after the reserves are posted.

This feature works with most calendar programs, although the functionality will vary depending on which program you are using. Please refer to the help menu on your program for further information.

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This Week's Top Ten

The twelve highest valued coins from the Iberian Peninsula (Spain or Portugal):

Spain: Fernando V and Isabel I gold Double Castellano (4 Ducats) ND (1474-1504), Seville mint, Calico-19, Fr-147, 9.20 gm, Choice AU-UNC
Spain: Fernando V and Isabel I gold Double Castellano (4 Ducats) ND (1474-1504), Seville mint, Calico-19, Fr-147, 9.20 gm, Choice AU-UNC
  1. Spain: Fernando V and Isabel I gold Double Castellano (4 Ducats) ND (1474-1504), Seville mint, Calico-19, Fr-147, 9.20 gm, Choice AU-UNC. Realized $74,750
  2. Gnaeus Pompey Jr. as Imperator (48-45 BC). AR denarius. Spain, Cordoba, 46-45 BC. FDC. Realized $63,250
  3. Portugal: Joao V gold 4 Escudos (Peca) 1722-L, KM213, Gomes 125.01, Fr-85, AU58 NGC. Realized $46,000
  4. Portugal. Joao V 6400 Reis 1739. Lisbon mint. EB mark for Ephraim Brasher. F&G mark for Lewis Fueter and G. KM221. XF Details. Realized $34,500
  5. Spain: Joseph Napoleon gold 320 Reales 1810-RS, Cay-14730, KM545, AU55 NGC. Realized $33,350
  6. Spain: Carlos III gold 8 Escudos 1772-S CF, KM409.2, Cayon-12836, MS64 NGC. Realized $32,200
  7. Portugal. Joao V 800 Reis 1749. Lisbon mint. EB mark for Ephraim Brasher. KM218. VF Details. Realized $29,900
  8. Portugal. Joao V 4000 Reis (moidore) 1714. Lisbon mint. LF mark for Lewis Fueter. KM184. VF Details. Realized $29,900
  9. Spain: Ferdinand VII gold 320 Reales de Vellon 1822-SR Madrid, KM566, AU55 NGC. Realized $25,300
  10. Portugal. Joao V 6400 Reis 1743. Lisbon mint. TP mark for Thomas Pons, Boston. KM221. XF Details. Realized $23,000
  11. Portugal: Joao III (The Pious) gold Portugues ND (1521-57). Realized $23,000
  12. Portugal. Joao V 6400 Reis 1747. Lisbon mint. IB mark for John Bayley (?). KM221. Choice VF-XF. Realized $23,000

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 a 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
  • Coin Buyer: San Francisco
  • European Art Specialist: New York
  • European Comic Art Specialist: Dallas, Paris
  • Firearms Specialist: Dallas
  • Modern & Contemporary Art Specialist: Beverly Hills, New York
  • Timepiece Specialist: Beverly Hills, New York
  • Trust & Estates Specialist: New York
  • Western Art Director: Dallas, Beverly Hills
  • World Coins Director: Hong Kong

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:

  • Client Services Representative: Dallas
  • Currency Cataloger: Dallas
  • Currency Consignment Director: Dallas
  • e-Publishing Expert: Dallas
  • Interns
  • Marketing Account Executive: Dallas
  • PHP Web Developer: Dallas
  • Web Marketing Specialist: Dallas
  • 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

1942 Casablanca six sheet, one of two known, tops Movie Poster event

A magnificent and massive Casablanca (Warner Brothers, 1942) six sheet (81" X 81") large format movie poster, one of just two copies known, is expected to bring $60,000+ when it comes across the auction block as the centerpiece of Heritage Auction's March 23-24 Vintage Movie Poster Signature® Auction.

"There are few films as beloved as Casablanca," said Grey Smith, Director of Movie Posters at Heritage Auctions, "and few titles that collectors covet more. Given the status of the film and the rarity of this particular poster — there is only one other known to exist — and you have the makings of something special."

Tarzan the Ape Man (MGM, 1932). One SheetAnother rarity that is just one of two copies known, and should also prove exceedingly popular with collectors is the one sheet for MGM's 1932 classic Tarzan the Ape Man, by far the rarest Tarzan poster known. Tarzan the Ape Man also represents the first film that starred Johnny Weissmuller in the title role that would go on to become his most famous. The poster is expected to bring $25,000+.

There are few films as equally controversial and influential as D.W. Griffith's 1915 classic silent drama Birth of a Nation (Epoch Producing, 1915) — known for its epic scope, top notch acting and overtly racist themes — and a one sheet poster in the auction, in very fine condition, is expected to capture bidder's attention to the tune of $20,000+.

The Birth of a Nation (Epoch Producing,1915). One Sheet"Whatever your feelings may or may not be about Birth of a Nation, there is no denying its cinematic heft," said Smith. "As such, collectors go after available copies of the poster with verve when they show up. In condition this fine, I would expect them to double their efforts to obtain it; there's no telling when a copy as nice as this will show up again."

For animation and Disney collectors, Heritage is offering an extremely rare Mickey Mouse one sheet from 1932 — the first release under the United Artists banner. It was United Artists that gave Walt Disney the freedom and money he wanted and sent him on his way to creating one of the biggest and best loved brands in history. It is expected to bring $15,000.

Also, up for auction the very first time, an incredible 1938 reissue King Kong (RKO, R-1938) one sheet, much rarer than the original poster to the film, and the only copy known to exist, carries a pre-auction estimate of $15,000+.

More information about Movie Posters auctions.

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  Is it Time to Sell?

We are now accepting consignments for our June Long Beach Auction. For a confidential discussion and to get the most for your rare coins, please call one of our Consignment Directors today at 800-872-6467 ext. 1000.

2013 June 6 - 9 US Coin Signature Auction - Long Beach
Consignment Deadline: April 23, 2013

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
March 21 - 22 & 24 US Coin Signature Auction - Dallas #1183
March 21 - 22 & 24 US Coin Signature Auction - Dallas #1183
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Sunday Internet Coin Auction Sunday Internet Coin Auction #131312
Closes March 17
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Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131312
Closes March 19
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Thursday Modern Coin Auction Thursday Modern Coin Auction #241312
Closes March 21
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Weekly World Coin Auction Weekly World Coin Auction #231312
Closes March 21
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Currency Auctions
Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141312
Closes March 19
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Other Signature Auctions
March 23 Photographs Signature Auction - Dallas #5132 March 23 Photographs Signature Auction - Dallas #5132
View Lots
March 23 - 24 Vintage Movie Poster Signature Auction - Dallas #7072 March 23 - 24 Vintage Movie Poster Signature Auction - Dallas #7072
View Lots
March 29 Wine Signature Auction - Beverly Hills #5143 March 29 Wine Signature Auction - Beverly Hills #5143
View Lots
March 30 Entertainment & Music Memorabilia Signature Auction - Dallas #7074 March 30 Entertainment & Music Memorabilia Signature Auction - Dallas #7074
View Lots
April 10 Rare Books Signature Auction - New York #6094 April 10 Rare Books Signature Auction - New York #6094
View Lots

Other Internet Auctions
Sunday Internet Comics Auction Sunday Internet Comics Auction #121311
Closes March 17
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Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161311
Closes March 17
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Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151311
Closes March 17
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Tuesday Internet Watch & Jewelry Auction Tuesday Internet Watch & Jewelry Auction #171312
Closes March 19
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Weekly Internet Luxury Accessories Auction Weekly Internet Luxury Accessories Auction #251312
Closes March 19
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Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201312
Closes March 21
View Lots

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