Canadian 1936 Dot Cent brings $248,750 in $10.4+
million CICF Auction
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
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.
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
notable gold Bavarian pattern coin, realized $29,375.
A standout among the Ancient coins section was a superlative
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
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
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 —
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.
Immediately before the Platinum Night sessions came the auction of
selections from The Eric P. Newman Collection
by an amazing 1852 Humbert ten dollar cold coin in MS68
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.
By Scott S. Smith, For Investor's Business Daily
The business of items with historic meaning and investment value
And Heritage Auctions is collecting.
The Dallas firm is the world leader in collectibles, recently
- 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
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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
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
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
Below this come your actual bids, either from all auctions or
from an individual auction. The columns are:
- A thumbnail photo of the lot.
- The lot number. Click on the link to see a full description and
image of the lot.
- The lot's description, including category, short description,
reserve status, and possibly certain other features.
- The lot's grade, if any.
- The number of people who have bid on the lot, as well as the
number of people who have tracked it.
- 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.
- 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.
- 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.
- Batch bids. From the MyBids page, you can place bids on any
lots you have already bid on. See Batch
Bidding for more details.
- 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 Buffalo nickel
- 1909-S VDB cent
- 1943 half dollar
- 1932-S quarter
- 1893 Isabella quarter
- 1917 Type 1 quarter
- 1932-D quarter
- 1942 half dollar
- 1931-S cent
- 1914-D cent
Do you have a suggestion for a future top ten list? Send
it to us!
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