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  This Week In Coin News

  Collector News

Canadian 1936 Dot Cent brings $248,750 in $10.4+ million CICF Auction

George V 1936 Dot Cent
George V 1936 Dot Cent
The renowned Pittman-Krause 1936 Canadian Dot Cent, the most famous coin in Canadian numismatics and one of just three known to exist realized $248,750 during Heritage Auction's World & Ancient Coins Signature® Auction at the Chicago International Coin Fair, April 18-23. Overall, this auction realized nearly $10.5 million, with sell-through rates of 92.8% by value and 90.9% by lot.

The George V 1936 Dot Cent, MS63 Red PCGS, Ex: John Jay Pittman Collection, is far and away the most famous of the three known Dot cents, having been stolen from the Pittman home in 1964 and later returned (with scratches in the right obverse field) in an envelope with other coins.

The World & Ancient Coins event offered more than 5,800 lots across six sessions held live and online. Several lots of the unprecedented selection of high-grade ancient and world coins exceeded their estimates, including a Victoria gold Proof Una & the Lion £5 1839, which brought $105,750, an iconic design rarely seen even by the world's most experienced collectors. In addition, a Nicholas I platinum 12 Roubles 1835 CПБ, AU55 NGC realized $95,000. Very few survivors are known, as minting of platinum 12 Roubles ended in 1845 when all platinum coins were recalled and melted. The 1835 is especially rare, with a tiny original mintage of just 127 pieces.

The auction's cornerstone collection was The RLM Collection of Brazilian Gold, which realized nearly $1.2 million. Featuring 131 gold coins from Portugal's richest colonial territory, the collection's top lot was a 1729 Joao V gold 12800 Reis of the Second Shield Type AU Details NGC, which reached $64,625.

Joao V gold 12800 Reis 1729-B
Joao V gold 12800 Reis 1729-B
A choice commemorative 1916 dollar struck in gold, issued on the installation of Yuan Shih-kai as the Emperor Hung Hsien, MS64 NGC, more than doubled its pre-auction estimate to sell for $58,750, and a superb 1740 French Louis XV Essai gold Ecu au bandeau AU Details, one of the rarest French issues known, sold for $44,062. A 1818 Maximilian I Josef Pattern Taler in gold Proof 62 Cameo PCGS, a notable gold Bavarian pattern coin, realized $29,375.

A standout among the Ancient coins section was a superlative Chalcidian League Tetradrachm, circa 390 BC, which realized $30,550, more than double its pre-auction estimate. The rare find hails from the short-lived defensive coalition of the free cities of the Chalcidice in ancient Greece, who banded together to ward off Athenian and Macedonian imperialism of the time.

The first selection of more than 1,200 original dies and hubs cut by satirist and engraver Karl Xaver Goetz, one of Germany's most prolific medal artists of the 20st century, realized over $150,000 overall, led by six lots relating to his infamous Watch on the Rhine medal, which reached a combined $15,915. Future selections from the collection will be offered again in September 2013 with the final selection offered in April 2014.

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1913 Liberty Nickel sells for $3,172,500 to highlight Platinum Night

1913 5C Liberty PR63 PCGS
1913 5C Liberty PR63 PCGS
The Walton Specimen of the famed 1913 Liberty Nickel headlined Thursday night's Platinum Night session of the Heritage CSNS US Coin Auction, as it sold to a floor bidder to $3,172,500. This famous coin, one of five known, was owned for many years by George O. Walton. When Mr. Walton was killed in an auto accident in 1961, this coin was retrieved from the scene, but was subsequently declared to be fake, and was believed so for many years. In 2003, it was reexamined and declared to be the genuine article. Subsequently on display at the ANA Money Museum for many years, this was its first appearance at public auction.

This was by no means the only highlight of Platinum Night, with two other coins breaking the million dollar mark. The unique 1783 Type Two Nova Constellatio Quint, a pattern struck to exemplify a proposed monetary system for the newly independent American colonies, broke the seven figure mark when it sold for $1,175,000. Last offered 34 years ago in the Garrett sale, this coin combines rarity and historical significance to such an extent that the famed numismatist John Ford once offered a client the following advice: "Just buy it — whatever it takes — buy it!"

Matching the Quint at $1,175,000 was a 1796 Small Date, Small Letters silver dollar, graded MS65 with the green CAC sticker of approval. Of the three 1796 Small Date, Small Letters varieties, this coin is the finest graded by a full two points. This coin was the subject of intense bidding on the auction floor, with no fewer than seven bidders participating before the coin found its new home.

1852 $10 Humbert Ten Dollar MS68 NGC. CAC. Kagin-10, R.5
1852 $10 Humbert Ten Dollar MS68 NGC. CAC. Kagin-10, R.5
Immediately before the Platinum Night sessions came the auction of selections from The Eric P. Newman Collection, highlighted by an amazing 1852 Humbert ten dollar cold coin in MS68 which sold for $1,057,500. These coins are from the extensive collection of Eric P. Newman Numismatic Education Society (a Missouri not-for-profit corporation) and have been assembled over a period of 90 years. Proceeds of the sale of all items will be used exclusively for the benefit of other not-for-profit institutions selected by Eric P. Newman Numismatic Education Society for public purposes and also for supplementing the Society's own museum operations and scholarly research efforts.

The Platinum Night sessions brought in nearly $24 million, with the selections from The Eric P. Newman Collection selling for nearly $4.1 million. The Heritage CSNS US Coin Auction continues through Sunday, April 28, with over $40 million in rare coins expected to change hands overall.

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Sold! Steve Ivy Lifts Heritage Auctions To No. 1

By Scott S. Smith, For Investor's Business Daily

The business of items with historic meaning and investment value is booming.

And Heritage Auctions is collecting.

The Dallas firm is the world leader in collectibles, recently selling:

  • A signed copy of the Beatles' "Sgt. Pepper's Lonely Hearts Club Band" album for $290,500.
  • Lou Gehrig's 1927 New York Yankees jersey for $717,000.
  • Gen. Ulysses S. Grant's sword for $1.7 million.

Read More At Investor's Business Daily.

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Website Tips: MyBids

MyBids is a very powerful tool for you as a bidder to keep track of all of your bids, present and past, from any Heritage site.

When you first arrive at the MyBids page, you'll see something much like this:


At top will be the collectible type whose bids you are reviewing, such as Coins or Comics. If you wish to look at bids from another Heritage site, choose the site from the drop-down list:

Click on the "Go" button to the right of the listing in order to change sites. This will show you your bids in all auctions on the other site, and it will take you to the MyBids page on the appropriate site. For instance, if you have placed a bid on one of the many intriguing letters or books in our current Books or Manuscripts Grand Format Auctions, choose "Historical", and you will be taken to the MyBids page on the Historical site.

Next is an area where you can choose exactly which bids to examine. By default, the page will show you bids from all current auctions on the site you're currently on, ordered by when Internet bidding closes, with totals covering all of your current bids in this collectible type. To look at your bids from an individual auction, choose it from the drop-down menu in the center. This will show you totals and bids only from that particular auction.

If you are interested in examining your bids from closed auctions, click on the "Closed Auctions" link. By default, this page will show you bids from all auctions that closed in the last ten days, but you will still be able to choose to look at your bids in any particular auction by, again, simply choosing it from the drop-down menu.

Below this come your actual bids, either from all auctions or from an individual auction. The columns are:

  1. A thumbnail photo of the lot.

  2. The lot number. Click on the link to see a full description and image of the lot.

  3. The lot's description, including category, short description, reserve status, and possibly certain other features.

  4. The lot's grade, if any.

  5. The number of people who have bid on the lot, as well as the number of people who have tracked it.

  6. Your maximum bid. This is the number you entered when you made your bid, and this is the bid that will stand for you against all other bidders. If this number is green, you have the winning bid. If this number is red, someone else has the winning bid. The number in parentheses is the maximum bid plus the Buyer's premium.

  7. The current bid. This is what the winning bidder will pay for the lot if the auction ends right now, with the buyer's premium added in parentheses. This is also what other bidders will see if they look for the current bid on the lot.

  8. The next bid. This is the minimum amount any future bidder can bid on the coin, again with the buyer's premium added in parentheses. Notice in this case that if someone bids this minimum amount on this coin, your $75 bid will work for you and you will still have the winning bid.

  9. Batch bids. From the MyBids page, you can place bids on any lots you have already bid on. See Batch Bidding for more details.

  10. The time remaining for internet bidding in the current auction. This figure does not update itself, so if it is getting close to auction close, you will need to refresh your browser periodically to see the actual time remaining.

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This Week's Top Ten

The ten most frequently offered coins in Heritage auctions with a face value of 50 cents or less:

1938-D 5C MS68 NGC
1938-D 5C MS68 NGC
  1. 1938-D Buffalo nickel
  2. 1909-S VDB cent
  3. 1943 half dollar
  4. 1932-S quarter
  5. 1893 Isabella quarter
  6. 1917 Type 1 quarter
  7. 1932-D quarter
  8. 1942 half dollar
  9. 1931-S cent
  10. 1914-D cent

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 Nature & Science 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:

  • 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
  • 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:

  • Building Operations / Maintenance Associate: Dallas
  • Client Data Specialist: Dallas
  • Client Services Representative: Dallas
  • Currency Cataloger: Dallas
  • Currency Consignment Director: Dallas
  • e-Publishing Expert: Dallas
  • Interns
  • Marketing Account Executive: Dallas
  • PHP Web Developer: Dallas
  • Studio Photographer: 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

Julian Onderdonk, Porfirio Silanas, Highlight Texas Art Event At Heritage Auctions

Julian Onderdonk: Coreopsis, Near San Antonio, TexasPaintings by early Texas Impressionists, such as Julian Onderdonk's Coreopsis, Near San Antonio, Texas, 1919, Dawson Dawson-Watson's Texas Cacti, and Porfirio Salinas's Texas Summer — each expected to realize $20,000+ — join iconic works of the American West, like Fred Darge's The Posse, Audley Dean Nichols's Indian Oasis, Arizona, 1919, and Frank Reaugh's Untitled (Herefords in a Landscape) in Heritage Auctions' May 11 Texas Art Signature® Auction in Dallas.

"The Texas art market is as strong and diverse as the state itself," said Atlee Philips, Director of Texas Art for Heritage Auctions. "A collector can find everything from traditional Texas landscapes of the Hill Country and iconic images of the American West to surrealistic paintings by Texas Regionalists and Modernists, as well as works by contemporary Texas artists."

The auction includes numerous works by pre-1945 Texas Regionalists and mid-century Modernists ranging from The Pink Hillocks by Kelly Fearing and Cowboy by Olin Travis, perhaps one of the finest examples of his style, in addition to Ledge, 1969 by Everett Spruce.

Additionally, the May 11 auction features works by contemporary Texas artists like James Surls and Ancel Nunn, including Look Out, 1993 and Chair on a Hook, 1986.

More information about Fine Art auctions.

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Luxury Real Estate Newest Heritage Auctions Category

Heritage Auctions, the world's third largest auction house, specializing in fine art and collectibles, is now the only top tier auction company to offer luxury real estate auctions. Heritage offers you a powerful platform that reaches its client base of more than 750,000 members worldwide.

Working with Heritage's luxury real estate experts, sellers maintain control over the entire sale process, choosing the date, setting the terms and structuring the actual sale. Paired with our customized marketing campaigns, selling at auction accelerates the process, eliminates carrying costs and avoids long drawn-out negotiations. Best of all, Heritage conducts the sale in a transparent, competitive bidding environment — all within 60 to 90 days!

Call us today at 855-261-0573 to speak directly to one of our experienced Luxury Real Estate Directors.

More information about Luxury Real Estate auctions.

Helping a Hero Auction #535

Helping a Hero Auction opens for online bidding on April 24, at 10 PM CT. Online bidding ends April 29, 2013, 10 PM CT. Bids will be transferred to Live Auction at the Helping a Hero Warrior Dinner, April 30th, 5:30 PM CT. The Helping a Hero Warrior Dinner is held at The Fairmont Hotel Dallas, 1717 North Akard, Dallas, Texas 75201. For further information, please contact Jeri Carroll, 214-409-1873 or JeriC@HA.com.

HelpingaHero.org is a 501(c)(3) non-profit, non-partisan organization providing support for military personnel, severely injured in the war on terror. Their principal activity is to provide specially adapted homes for qualifying service members as well as engaging the community to provide services and resources for our wounded heroes and their families.

To date they have awarded 90 homes in 21 states.

Their goal is to provide our wounded heroes with a home fully adapted to their special needs. Homes have been built for heroes who are paraplegias, quadriplegics, amputees (single, double, triple, double arm, single arm), burn victims and heroes with severe traumatic brain injury and severe post traumatic stress disorder.

Some of the adaptations for our wheelchair bound recipients include wider doors, lower countertops, roll under sink, roll in shower, tile/wood floors throughout the home, etc. and they place these homes in master planned communities where they receive ongoing support from neighbors. HelpingaHero.org has an emergency needs fund and a large recreation program that enables our heroes to get out of the hospital and go hunting, fishing, attend rodeos, trail rides, BBQ's, etc. In 2013 they will host "Caregiver Retreats" and "Marriage Retreats" as they recognize the stress on our heroes and their families. Providing families with the tools to walk through the tough times and to receive peer to peer support is crucial for their lifetime recovery and success.

More information about Charity auctions.


  Heritage Interactive
Opinion Poll

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

Which of the following sporting events should be commemorated with a coin?
       A) Kentucky Derby
       B) March Madness
       C) Rose Bowl
       D) Super Bowl
       E) World Series



If you are on Outlook 2007 or later take the Quiz online


Last week's question:

What kind of Heritage coin auctions interest you most?
A) US coin signature auctions (55%).
B) World coin signature auctions (12%).
C) Sunday/Tuesday US coin internet auctions (13%).
D) Weekly world coin internet auctions (8%).
E) Weekly modern coin internet auctions (13%).

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  Is it Time to Sell?

Heritage is dedicated to selling your rare coins and currency for top dollar in the marketplace, providing you with the right auction at the right venue. Your coins can sell alongside thousands of rarities. In recent auctions, Heritage has achieved extraordinary prices realized. Our world-class marketing is second to none. Our more than 750,000 online bidder-members ensure a wide reaching audience for your coins.

We invite your consignment to the Official Summer FUN 2013 Auction. Call one of our Consignment Directors today!

2013 July 11 - 14 Summer FUN US Coin Signature Auction – Orlando
Consignment Deadline: May 28, 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
April 24-28 CSNS US Coin Signature Auction - Chicago #1184
April 24-28 CSNS US Coin Signature Auction - Chicago #1184
View Lots

Sunday Internet Coin Auction Sunday Internet Coin Auction #131318
Closes April 28
View Lots
Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131318
Closes April 30
View Lots
Thursday Modern Coin Auction Thursday Modern Coin Auction #241318
Closes May 2
View Lots
Weekly World Coin Auction Weekly World Coin Auction #231318
Closes May 2
View Lots


Currency Auctions
April 24-26 & 28 Currency Signature Auction - Chicago #3522 April 24-26 & 28 Currency Signature Auction - Chicago #3522
View Lots
Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141318
Closes April 30
View Lots

Other Signature Auctions
April 28 Handbags & Luxury Accessories Signature Auction - New York #5131 April 28 Handbags & Luxury Accessories Signature Auction - New York #5131
View Lots
April 29 Jewelry Signature Auction - New York #5130 April 29 Jewelry Signature Auction - New York #5130
View Lots
April 30 Helping a Hero Auction #535 April 30 Helping a Hero Auction #535
View Lots
May 2-4 Vintage Sports Collectible Signature Auction - Dallas #7075 May 2-4 Vintage Sports Collectible Signature Auction - Dallas #7075
View Lots
May 9 Charity for Children Auction #534 May 9 Charity for Children Auction #534
View Lots
May 10 American Indian, Pre-Columbian & Tribal Art Signature Auction - Dallas #5135 May 10 American Indian, Pre-Columbian & Tribal Art Signature Auction - Dallas #5135
View Lots
May 11 Texas Art Signature Auction - Dallas #5133 May 11 Texas Art Signature Auction - Dallas #5133
View Lots
May 11 Western & California Art Signature Auction - Dallas #5134 May 11 Western & California Art Signature Auction - Dallas #5134
View Lots
May 11 Fine American Art Signature Auction - Dallas #5136 May 11 Fine American Art Signature Auction - Dallas #5136
View Lots
May 16-18 Comics Signature Auction - Dallas #7076 May 16-18 Comics Signature Auction - Dallas #7076
View Lots
May 21 Watches & Fine Timepieces Signature Auction - New York #5137 May 21 Watches & Fine Timepieces Signature Auction - New York #5137
View Lots
May 22 Modern & Contemporary Art Signature Auction - Dallas #5138 May 22 Modern & Contemporary Art Signature Auction - Dallas #5138
View Lots

Other Internet Auctions
Sunday Internet Comics Auction Sunday Internet Comics Auction #121317
Closes April 28
View Lots
Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151317
Closes April 28
View Lots
Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161317
Closes April 28
View Lots
Tuesday Internet Watch and Jewelry Auction Tuesday Internet Watch and Jewelry Auction #171318
Closes April 30
View Lots
Weekly Internet Luxury Accessories Auction Weekly Internet Luxury Accessories Auction #251318
Closes April 30
View Lots
Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201318
Closes May 2
View Lots

Auction Schedule | Order a Catalog

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