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Seven million-dollar-plus numismatic lots in $57+ million Central States event

1913 5C Liberty PR63 PCGS
1913 5C Liberty PR63 PCGS
A fabled, century-old rare U.S. nickel, the 1913 5C Liberty PR63 PCGS, recovered from a fatal car crash and then unsuspectingly kept in a closet for 41 years because it was mistakenly declared to be a fake, sold for $3,172,500 on Thursday night, April 25, 2013, to lead our Central States Numismatic Society U.S. Coins Signature® Auction in Schaumburg, IL. The pre-auction estimate on the coin was $2.5+ million.

This particular example of one of the world's most famous rare coins is perhaps the most special of them all given its amazing story. Not only is it just one of only five known, genuine 1913-dated Liberty Head design nickels, this particular one was off the radar for decades until it literally came out of the closet after a nationwide search and was authenticated by experts in a secret midnight meeting in Baltimore in 2003.

The Heritage CSNS events, combined, featured seven lots that all brought prices realized exceeding $1 million, the first time such an outcome has been achieved. Before these auctions, the most million dollar items sold, combined, at any numismatic auction was three, which Heritage did on three separate occasions in January and November of 2005 and in January of 2010.

The quartet of seven figure U.S. coin rarities, led by the Walton Nickel, included the unique 1783 Nova Constellatio Pattern Quint, Silver, Type Two AU53 PCGS Secure — one of the most interesting and esoteric offerings in all of American numismatics — which realized $1.175 million, while a 1796 $1 Small Date, Small Letters MS65 NGC, from the William Jacobs Collection, Part II, brought $1.175 million and the Eric P. Newman Specimen of the 1852 $10 Humbert Ten Dollar MS68 NGC, CAC, thrilled the auction room crowd when it finished platinum night at $1.05+ million, a priced realized worthy of Newman’s esteemed name in the world of numismatics.

Overall, the US coin auction found nearly $42 million in coins changing hands. A few of the many other highlights of this auction included:

1783 Nova Constellatio Pattern Quint, Silver, Type Two AU53 PCGS Secure. Breen-1102, W-1830, Unique1783 Nova Constellatio Pattern Quint, Silver, Type Two AU53 PCGS Secure. Breen-1102, W-1830, Unique
1796 $1 Small Date, Small Letters MS65 NGC. CAC. B-2, BB-63, R.4. CAC1796 $1 Small Date, Small Letters MS65 NGC. CAC. B-2, BB-63, R.4. CAC
Fr. 379c $1000 1891 Treasury Note PCGS Extremely Fine 45PPQ
At the same venue, the next night, a Fr. 379c $1000 1891 Treasury Note PCGS Extremely Fine 45PPQ, sold for $2.585 million as part of Heritage’s Central States Numismatic Society U.S. Currency Signature® Auction. The note, depicting Civil War era General George Gordon Meade — and once redeemable in gold and the only one known example of the bill outside the Smithsonian Institution — set a world's record price for any paper money ever sold. It was part of a trio of rare U.S. Currency that brought more than $6.18 million all together.

The other two notes in the trinity of record setting bills was a $100 1863 Gold Certificate PCGS Apparent Extremely Fine 40 that realized $2.1+ million and a Fr. 379a $1000 1890 Treasury Note PCGS Apparent Extremely Fine 45, that realized $1.5+ million.

All three of the notes came from The Greensboro Collection, Part II.

The $15.8+ million US Currency Signature auction featured many other highlights, including:

Fr. 1166c $100 1863 Gold Certificate PCGS Apparent Extremely Fine 40

Combined with the $10.5 million World & Ancient Coins Signature Auction, which took place April 18-19 & 22-23, Heritage sold over $68 million in rare coins over a two week period in Chicago. The next Heritage US coin auction, scheduled for June 6-9 in Long Beach, CA, is coming together nicely, with previews of many lots available now and bidding expected to begin around May 18 at www.HA.com/coins.

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Seldom Seen Selections: 1876 Proof Three Dollar, perhaps a restrike

1876 $3 PR65 Cameo NGC
1876 $3 PR65 Cameo NGC
Our upcoming 2013 June 6 - 9 US Coin Signature Auction - Long Beach #1186 features a gem example of the low-mintage 1876 three dollar gold piece, with Cameo contrast. Like its celebrated older sibling, the 1876 three is also a proof-only issue. The 1875 proof three was struck in the recorded amount of 20 coins, while the 1876 saw a larger mintage of 45 pieces. During this era of Mint history, however, it was customary to report the number of proofs minted, but not the number that were usually melted as unsold after the calendar year ended.

In the case of rarities such as proof-only issues, however, another scenario played out in many cases, and the same applies to pattern issues. They were apt to be produced for collectors and the well-connected as delicacies in the case of pattern issues. Rare regular issues such as the proof-only threes of 1875 and 1876 were also apt to be restruck or to have seen a second batch struck within the same year. This is mentioned for those purists who object that the term "restrike" should be reserved for coins struck again at a date later than that borne on the coinage. That is apparently what happened with both the 1875 and 1876 proof threes; the restrikes show die rust on the obverse, as does this piece under a loupe. Bowers notes that the rusted obverse die does not necessarily indicate that the pieces were struck after 1876; remember, the date is on the reverse of this design, so the obverse die used could have rusted before 1876. The "restrikes" of the 1875 are identifiable by an obverse die of 1873-74.

This piece is an essentially pristine coin with the only mentionable contact marks located in the lower left of the obverse. Copious contrast is seen between the reflective, jet-black fields and the well-frosted golden-yellow devices. A loupe reveals the faint traces of die rust, most prominent seen is a small "dot" behind the eye, with scattered other areas on the cheek, neck, and lower hair. The lower inside leaf within the wreath on the reverse is thin, as usually seen. The fields show a few slight hairlines that likely determine the grade, but the eye appeal is top-notch.

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Website Tips: Outbid Notices via Text Message
Heritage can now notify you immediately by text message when you are outbid on any auction lot.

To use this service, 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.

Text messages will not be sent between the hours of 10:30 PM CT and 8 AM CT, and any messages queued up during that timeframe will be sent at 8 AM the next morning.

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This Week's Top Ten

The ten 19th century proof coins most frequently offered in Heritage auctions:

1883 3CN PR68 Cameo NGC
1883 3CN PR68 Cameo NGC
  1. 1883 Three Cent Nickel
  2. 1883 No Cents Liberty Nickel
  3. 1883 Shield Nickel
  4. 1881 Three Cent Nickel
  5. 1882 Nickel
  6. 1882 Three Cent Nickel
  7. 1888 Three Cent Nickel
  8. 1889 Three Cent Nickel
  9. 1880 Trade Dollar
  10. 1884 Three Cent Nickel

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

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  Announcements

Heritage's Mark Borckardt to teach new ANA Summer Seminar Course

Our very own Mark Borckardt is among the slate of world-renowned numismatists teaching the new "Legends in Numismatics" course at The American Numismatic Association Summer Seminar. The course will be offered during both sessions, June 22-28 and June 29-July 5, in Colorado Springs, Colo.

Course CatalogThis will be a rare opportunity for students to get first-hand experience with some of the icons in the numismatic industry. Along with Mark Borckardt, instructors will include Neil Shafer, Fred Holabird, and Ira Goldberg. This week-long session will give students an opportunity to enhance their knowledge of territorial gold, money of panics and depressions, coins that made history and the first U.S. Mint in Philadelphia.

From June 22-28, instructors will include Ira Goldberg, Neil Shafer, Fred Holabird, and Heritage's own Mark Borckardt. This week-long session will give students an opportunity to enhance their knowledge of territorial gold, money of panics and depressions, coins that made history and the first U.S. Mint in Philadelphia.

Find out more about the Legends In Numismatics course at the ANA Summer Seminar.

The ANA Summer Seminar is given in two sessions, June 22-28 and June 29-July 5. For more details, please visit the ANA's website.

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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/Part-time
  • 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

Stunning Frank Miller Dark Knight Original Art at Heritage Auctions in May

Frank Miller and Klaus Janson Batman: The Dark Knight Returns #2 Batman and Robin Splash Page 36 Original Art (DC, 1986)The best grouping of Frank Miller Dark Knight artwork ever to be offered in a single auction, led by one of the most evocative images from the famed series, The Dark Knight Returns #2 Batman and Robin Splash Page 36 Original Art (DC, 1986), estimated at $75,000+, depicting a seriously wounded and determined Bruce Wayne in a fatherly embrace with his protégé Robin (Carrie Kelly), will cross the block on May 17 in Dallas as the highlight lot in Heritage Auctions' Comics and Original Comic Art Signature® Auction.

"This drawing encompasses everything that the relationship between Batman and Robin represented as Miller re-imagined and re-energized the franchise," said Todd Hignite, Vice President of Heritage Auctions. "This is the story many fans consider the greatest Batman story ever told and this is one of the greatest, most evocative moments in the entire story. It's a truly transcendent image from one of the great comic sagas of all time."

The Dark Knight splash page is complemented in the auction by two more Miller interior masterpieces — The Dark Knight #3 Clark Kent/Bruce Wayne Page 14 Original Art (DC, 1986), estimated at $40,000+, and The Dark Knight Returns #2 Batman and Robin Ride the Batcycle Page 38 Original Art (DC, 1986), estimated at $30,000+. The latter is a study in contrast between DC's twin icons, Superman and Batman, in their secret identities as Clark Kent and Bruce Wayne, while the former stars Batman, Robin, Commissioner Gordon and an appearance of the Batcycle.

Amazing Fantasy #15 (Marvel, 1962) CGC VF 8.0 Off-white to white pagesA truly high-grade copy of Amazing Fantasy #15, the first appearance of Spider-Man and what is easily the most sought after Silver Age comic book of all, is the top comic book in the auction, and is expected to bring more than $85,000. The event also marks the 50th Signature® Auction assembled and staged by Heritage's Comics and Original Comic Art Department.

"What better way to celebrate our 50th auction than with a remarkable copy of one of the top comic books on the planet?" said Barry Sandoval, Director of Operations for the Comics Department at Heritage Auctions. "Advanced collectors are all over this copy, and rightly so. Two years ago a copy in the same grade brought more than $80,000 when it came up for auction. Since then, values have continued to soar. This could certainly go several ticks higher."

From Marvel's Bronze Age comes three pivotal pages of original art — 27, 30 and 31 — in Dave Cockrum's masterpiece X-Men #100 "Death of Jean Grey," (Marvel, 1976), one of the most memorable X-Men sagas of all, while from the Modern Age of Marvel comes Todd McFarlane's Amazing Spider-Man #324 Sabretooth Cover Original Art (Marvel, 1989), "The Assassin Revealed: Sabretooth." Both pieces are estimated at $75,000+.

Whenever original George Herriman hand-colored Krazy Kat Sunday comic strip art surfaces at auction the collecting world takes notice, as it has for a Herriman original dated 6-25-22 (King Features Syndicate, 1922), a masterpiece estimated at $50,000+. This wonderful strip spotlights four of the major Krazy Kat characters — Ignatz Mouse, Bum Bill Bee, Offisa Bull Pupp, and Krazy Kat herself — as they deal with Ignatz's mischievous meddling in a meet-up between Bum Bill Bee and Krazy Kat.

More information about Comics auctions.

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Charity for Children Auction #534 - Benefiting All Children's Hospital

All Children's HospitalA Dale Earnhardt NASCAR car front end is being auctioned with proceeds from the sale donated to All Children's Hospital in St. Petersburg, Florida. All Children's Hospital is the only specialty licensed children's hospital on Florida's West coast. Founded in 1926, All Children's has grown into a leading pediatric referral center that is dedicated to advancing treatment, education, research and advocacy in child health.

The Charity for Children Auction is open for bidding until May 9 at 10 PM CT. The lot is located in Dallas, TX and may be previewed in Dallas with advance notice. For more information, contact Jeri Carroll, 800.872.6476 x1873 or JeriC@HA.com.

More information about Charity auctions.

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  Heritage Interactive
Opinion Poll

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

Which of these $1,000,000+ coins would you rather own?
       A) 1787 Brasher Doubloon
       B) 1804 Silver Dollar
       C) 1907 Ultra High Relief $20
       D) 1927-D $20
       E) I don't care; I'd rather sell it and keep the proceeds




Last week's question:

Which of the following sporting events should be commemorated with a coin?
A) Kentucky Derby (43%).
B) March Madness (4%).
C) Rose Bowl (4%).
D) Super Bowl (13%).
E) World Series (35%).

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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
Sunday Internet Coin Auction Sunday Internet Coin Auction #131319
Closes May 5
View Lots
Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131319
Closes May 7
View Lots
Thursday Modern Coin Auction Thursday Modern Coin Auction #241319
Closes May 9
View Lots
Weekly World Coin Auction Weekly World Coin Auction #231319
Closes May 9
View Lots


Currency Auctions
Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141319
Closes May 7
View Lots

Other Signature Auctions
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 #121318
Closes May 5
View Lots
Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151318
Closes May 5
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Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161318
Closes May 5
View Lots
Tuesday Internet Watch and Jewelry Auction Tuesday Internet Watch and Jewelry Auction #171319
Closes May 7
View Lots
Weekly Internet Luxury Accessories Auction Weekly Internet Luxury Accessories Auction #251319
Closes May 7
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Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201319
Closes May 9
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Weekly Internet Luxury Accessories Auction Monthly Internet Wine Auction #221319
Closes May 9
View Lots

Auction Schedule | Order a Catalog

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