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Coins
  This Month In Classical Coin News  
June 6, 2013

June is here and Spring is fast giving way to Summer, with a whole new seasons of shows, auctions and museum exhibits. So without further ado, here is this month's Heritage Classical Coin News.

June 6-13 World & Ancients Internet Auction
September 26-30 World & Ancients Signature Auction 3026, Long Beach CA
Museum Exhibitions
Pompeia's Pick
What Happened In Ancient June?
Consignments Wanted
Coin Buyer Wanted - San Francisco Office
Reduced Auction Commissions When You Resell Your Winnings!
Employment Opportunities
Around Heritage
Current Auctions


  Upcoming Auctions

June 6-13 World & Ancients Internet Auction

Coinciding with the Long Beach Coin & Collectibles Expo (see below), Heritage is offering an all-Ancients group of coins, totaling 83 individual and group lots, in its Weekly auction. Most of these coins are from a single collection assembled by a U.S. serviceman over the last 10 years, focused mainly on Greek coins and offering a broad-cross section of Classical and Hellenistic issues from Greek Italy to the Near East.

The collection has been augmented with a nice offering of high-grade Macedonian tetradrachms of Alexander III the Great, some choice Roman denarii, and exceptional Late Roman billon issues in high grade. The sale starts Thursday, June 6 at 10:00 PM CT and concludes Thursday, June 13 at 10:00 PM CT.

Here are a few highlights:

Beautiful Metapontum stater
Beautiful Metapontum stater
Attractive Thessaly, Larissa drachm
Attractive Thessaly, Larissa drachm
Superb silver stater of Mazaeus, satrap of Tarsus
Superb silver stater of Mazaeus, satrap of Tarsus
Lovely didrachm of Rhodes
Lovely didrachm of Rhodes
Good style Thasos tetradrachm
Good style Thasos tetradrachm
Choice tetradrachm of Roman Macedon
Choice tetradrachm of Roman Macedon
Bold lifetime tetradrachm of Alexander III the Great
Bold lifetime tetradrachm of Alexander III the Great
Nearly Mint State Alexander tetradrachm
Nearly Mint State Alexander tetradrachm
Roman Republic quadrigatus
Roman Republic quadrigatus
Good EF denarius of Antoninus Pius
Good EF denarius of Antoninus Pius
Constantius I follis, left-facing bust
Constantius I follis, left-facing bust

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September 26-30 World & Ancients Signature Auction 3026, Long Beach CA

Although the Long Beach auction is still a few months off, this is shaping up to be one of Heritage's most impressive offerings of Ancient Greek, Roman, and Byzantine coins. Among the coins to be featured in this auction are the following:

Early Syracuse Tetradrachm
Early Syracuse Tetradrachm
Gold stater of Cyprus under Pnytagoras
Gold stater of Cyprus under Pnytagoras
Titus (AD 79-81)
Titus (AD 79-81) "Colosseum" Orichalcum sestertius

We are still seeking consignments for the September signature auction! If you'd like to see all or part of your collection sold at this high-profile venue, please contact me at DMichaels@HA.com, or (310) 492-8615.

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  June Events

Museum Exhibitions

June 8-9, 22-23: The Coin Masters of Syracuse, at the fabulous Getty Villa in Malibu, CA. Yours truly (Dave Michaels) and his associates with the Legion Six Historical Society will present a one-hour "drachmatic dialogue" (actually it's got a fair amount of humor) about the two greatest die engravers of Syracuse, Kimon and Euainetos, who created what are commonly regarded as the most beautiful coins ever struck . The presentation is a look inside an Ancient Greek mint, and examines the techniques employed in originating designs, engraving dies, and actually striking ancient coins. The program will involve a question and answer period and some "hands on" coin design creation for all ages. Two performances are scheduled daily, at 11 am and 2 pm. Don't miss it, and be sure to tell the Getty folks you read about it here in Heritage's Classical Coin Newsetter!

June-August 19, 2013: Getty Villa also plays host to Sicily: Art and Invention between Greece and Rome, presenting masterpieces of ancient art from the crossroads of the Mediterranean. On the island dear to Demeter and blessed with agricultural abundance, former Greek colonies emerged as powerful kingdoms during the fifth to third centuries B.C. Innovations in art, architecture, theater, poetry, philosophy, and science flourished, leaving an enduring stamp on mainland Greece and later on Rome. Over 150 objects bear witness to the athletic and military victories, religious rituals, opulent lifestyles, and intellectual attainments that shaped Classical culture at its peak. The exhibit includes 60 fabulous Ancient Greek Coins of Sicily, drawn from the Royal Belgian and American Numismatic Society Collections, including the unique and fantastic silver tetradrachm by the "Aitna Master."

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Pompeia's Pick
By Lorie Ann Hambly

Demetrius II of the Seleucid Kingdom of Syria

SELEUCID KINGDOM. Demetrius II, 1st reign (146-138 BC). AR
SELEUCID KINGDOM. Demetrius II, 1st reign (146-138 BC). AR

Pompeia has picked Two coins this month of the same ruler — Demetrius II of the Seleucid Kingdom of Syria, who had not one but two troubled reigns interrupted by nine years of Parthian captivity.

The two very different portraits show what spending nearly a decade among the "enemy" can do to a young man's physiognomy. Demetrius II Nicator ("Victorious" — about as ludicrous an appellation as could be imagined) was the son of Demetrius I, who had ruled the steadily shrinking Seleucid realm from 162 to 150 BC before being deposed by a pretender, Alexander I Balas, whose catastrophic seven-year reign had brought what was once the biggest and most prosperous Hellenistic kingdom near to complete ruin.

Supported by some of his father's veteran soldiers, Demetrius II invaded Cilicia in 147 BC and fought a bitter two-year civil war against Alexander until the latter's main supporter, Ptolemy VI of Egypt, abruptly switched sides and effectively handed victory to Demetrius. Almost immediately he faced a revolt engineered by the general Diodotus I Tryphon, and, while engaged in this struggle, he got word that the Parthians, a new and powerful enemy riding out of Iran, had invaded the Seleucid Kingdom's eastern reaches.

SELEUCID KINGDOM. Demetrius II, 2nd reign (129-125 BC). AR
SELEUCID KINGDOM. Demetrius II, 2nd reign (129-125 BC). AR
Demetrius marched east to confront the invaders; initially he seemed successful but the wily Parthians were only luring him into a trap, which they sprung in the summer of 138 BC, annihilating most of Demetrius' army and capturing him alive. Despite their fearsome reputation, the Parthians treated Demetrius with respect and allowed him to live in comfortable captivity, while indulging his every whim (thus repeating the experience of his namesake, Demetrius "The Besieger" a century and a half earlier).

Whilst he was thus enjoying his carefree incarceration, his younger brother Antiochus VII seized the Seleucid throne and spent several years rebuilding the crumbling realm. A dynamic and forceful ruler, Antiochus patiently assembled a formidable army and laid careful plans for an offensive against Parthia that would erase the stain of his brother's disastrous defeat. His great expedition launched in 130 BC and initially carried all before it, forcing the Parthians back to their homeland. However they had a "hole card" — Demetrius II — whom they released in 129 BC on the expectation he would sow confusion and dissension in the Seleucid ranks. It worked beautifully — Antiochus VII's campaign disintegrated, the king was killed in battle, and Demetrius II resumed the troubled throne, but as a much changed man.

The first tetradrachm, issued during his first reign (147-138 BC), shows him as a typically diademed, youthful and clean-shaven Hellenistic king in the mold of their collective idol, Alexander the Great. The second coin, issued after his return to power a decade later, dramatically shows the influence of his Parthian captors in his voluminous beard and long, curly locks. His appearance underscored the perception that Demetrius was now more Persian than Greek and betrays an almost unbelievable lack of PR skill on his part. Predictably, his new regime was hugely unpopular and it was only a three years before a new pretender, Alexander II Zebinas, rose up and toppled him.

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What Happened In Ancient June?

June 1, 344 BC: Temple of Juno Moneta dedicated in Rome. Juno Moneta was the goddess of money and this temple would eventually house Rome's first mint.
June 1, AD 193: Emperor Didius Julianus deposed and executed; Septimius Several recognized as Emperor by the Senate.
June 3, 469 BC: Likely birth date of Socrates, Athenian philosopher and "gadfly."
June 8, AD 452: Attila the Hun invades Italy. He is eventually turned back at the gates of Rome by a stern warning from Pope Leo I.
June 11, AD 146: Birthday of Emperor Septimius Severus.
June 13, AD 40: Birthday of Gnaeus Julius Agricola, Roman great general and governor of Britannia.
June 14, 510 BC: Possible foundation date for the Roman Republic.
June 17, AD 362: Emperor Julian "the Apostate" issues an edict banning Christians from teaching in Syria.
June 18, 240 BC: Greek scientist Eratosthenes estimates the circumference of Earth using two sticks.
June 20, AD 451: Attila the Hun met and defeated by Roman and Visigothic forces at the Catalaunian Plains in Gaul.
June 21, 217 BC: Roman army destroyed by Hannibal at the Battle of Lake Trasimene.
June 22, 168 BC: Romans under L. Aemilius Paullus crush the Macedonian phalanx at the Battle of Pydna in Macedon.
June 25, 107 BC: Emperor Trajan celebrates second triumph over the Dacians.
June 26, AD 4: Augustus adopts Tiberius as his son and successor.
June 26, AD 363: Julian "the Apostate" dies on campaign against the Persians.

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  Consignments Wanted

As you can see from our recent track record, Heritage Ancients is really starting to achieve some amazing results! If you have any thought of selling your collection, there is no better time than the present and no better venue than Heritage! Our rates are highly competitive and we offer top-notch cataloguing, exceptional photography and production values, an incomparable database of more than 800,000 potential buyers, and a matchless promotions / PR department that will make sure everyone knows about your collection. Please contact Dave Michaels, Director of Ancient Coins, via email at DMichaels@HA.com or phone at (310) 492-8615.

Until next month!

Veritas et vita,

David S. Michaels
Director of Ancient Coins
DMichaels@HA.com
1-800-872-6467 ext. 1606

Interested in Selling?
Get the Most Money for Your Collection
Consign to a Heritage Auction

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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:

  • Asian Art Specialist
  • Coin Buyer: (San Francisco, Dallas, New York)
  • Decorative Arts & Design Specialist
  • European Art Specialist
  • Modern & Contemporary Art Specialist: (New York, 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 Data Specialist (Part-time)
  • Client Services Representative
  • Color & Photography Imaging Specialist
  • Consignment Coordinator
  • Currency Cataloger
  • Currency Consignment Director
  • e-Publishing Expert
  • Gallery Coordinator (Beverly Hills)
  • Interns
  • PHP Web Developer
  • Web Marketing & Social Media Coordinator

If you are interested in applying for one of these Corporate positions, please apply here.

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  Around Heritage

Two U.S. Model Colt Gatling Guns Expected To Bring $100,000+ Each

U.S. Model 1883 Colt Gatling Gun and Rare Limber With AccessoriesA U.S. Model 1883 Colt Gatling Gun and Rare Limber With Accessories. Serial no. 342 with 10 32-inch barrels — for decades the centerpiece of the collection of renowned Michigan Civil war re-enactor and firearms expert Michael Yeck, who passed away last year — is expected to bring more than $100,000 on June 8 as part of Heritage Auctions' June 9 Civil War and Militaria Signature® Auction.

"To call the Gatling Gun one of the most spectacular and evocative weapons ever made understates its impact on the American psyche," said Cliff Chappelle, Consignment Director for Arms & Armor at Heritage Auctions. "The chance to acquire one of these spectacular guns, let alone one as well-preserved, as sizable and from such an impeccable source, does not come around very often, I can assure you that."

Very Rare U.S. Model 1875 Colt Gatling Gun on Original Naval Boarding Carriage Delivered to U.S. Navy February 24, 1881The day before the Model 1883 Gatling Gun is offered, a second, smaller Gatling Gun from Yeck's collection — a U.S. Model 1875 .45 government caliber Colt Gatling Gun, serial no. 293, on its original Naval boarding carriage, delivered to the U.S. Navy on Feb. 24, 1881 — will come across the block as part of Heritage's June 8 Arms & Armor Signature® Auction. It is also expected to bring more than $100,000+.

"He bought the guns primarily to promote himself and his business and to have a goodtime," said Matthew Hand, Yeck's grandson and the executor of his grandfather's estate. "In the 1960s and 1970s he was the largest black powder muzzle loading weapon supplier in the Midwest. In fact, there are still a number of Civil War re-enactment weapons out there made by him and with his equipment on them."

Yeck, a veteran of the Normandy Invasion, was told by his doctor in the early 1960s that he was getting an ulcer and needed to find a hobby to help him relax. Yeck soon found himself drawn into the world of black powder muzzle loading weapons, acquiring a flintlock pistol. Intrigued, and never one to do anything halfway, Yeck soon started acquiring a wide variety of powder and ball weapons, learning about their make and manufacturing them himself.

"He kinda went all out," said Hand, "and decided to start his own antique firearms business, which kept growing and growing through the 1960s, 1970s and in to the early 1980s, when he finally had to slow down."

Yeck became very well known in collecting circles for his extensive militaria, artillery, machine gun, World War I and II rifles and uniforms collections, as well as his impressive grouping of classic and antique cars. Along the way, as he participated in more and Civil War re-enactments, he and his business, Michael Yeck Antique Firearms, became a fixture on the scene at any gathering or demonstrations.

"Anytime there was a big shoot or a show, he would bring the big Gatling Gun along, set it up and demonstrate it," said Hand. "He was a fixture at Greenfield Village in Dearborn (MI) and would take it all over the Midwest."

The most important questions for collectors may well be a) do they work and b) what's it like to fire them. The answer to the first question is obviously yes, as seen in the video linked here.

The second question is best answered in Hand's own words:

"The large gun is just massive, bumps a little every time you fire and gives you a sense of control — you can feel every round," he said. "The smaller one you have to crouch behind it and it literally roars shakes the ground. You can feel the percussion in your face."

More information about Historical auctions.

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Renoir, Mucha, Natzler and Lalique highlight Design, European and Dec Arts events

GIOVANNI BATTISTA TORRIGLIAMaurice de Vlaminck's circa 1930 winter scene oil on canvas of the Normandy countryside, a signature example of Fauvism from the 20th century's first movement in modern art, is expected to realize $70,000+ as part of Heritage Auctions' Decorative Art & European Paintings Signature Auction, June 15 in Dallas. The painting is offered as part of two days of auctions of paintings, decorative arts and a broad range of fine silver objects (offered June 14) by highly sought makers.

"Vlaminck's work is a signature example from his later years and is one of the many extraordinary pieces in this auction, led by a strong variety of 19th and early 20th Century examples," said Brian Roughton, Managing Director of Fine Arts. "We expect strong interest, especially since it arrives on the heels of our successful Modern and Contemporary Art Auction."

Giovanni Battista Torriglia's The Soap Bubble, featuring his bubble-themed homage to rural family life, is also expected to reach $70,000. Another artist whose candid French scenes remain highly-sought after is Victor Gabriel Gilbert, whose The Fruit Seller is expected to bring $40,000.

Pierre-August Renoir's Etude de tête de jeune femme, or Study Head of a Young Woman, is expected to bring $30,000+ and will be included in an upcoming catalog by the Wildenstein Institute. Rounding out the top offerings by French artists is Edouard-Léon Cortès' Porte St. Denis, Paris, which is expected to bring $20,000 and a suite of four, 40-inch tall lithographs from Alphonse Mucha's Les Fleurs, circa 1898, to include The Rose, The Iris, The Carnation and The Lily, which are expected to bring $20,000+.

A JOSEPH-EMMANUEL ZWIENER LOUIS XV-STYLE GILT BRONZE, SATINWOOD AND FRUITWOOD VITRINELeading a strong selection of European furniture comes a Louis XV-style gilt bronze, satinwood and fruitwood vitrine attributed to Joseph-Emmanuel Zwiener, which may bring $20,000+. Two pieces made after the models by Jean-Henri Riesener include a Louis XVI-style gilt bronze, mahogany inlaid commode, now in the collection of the Musée Condé and expected to bring $5,000+, and a Louis XVI-style gilt bonze, amaranth and tulipwood pedestal clock, designed after a model in the collection of the Louvre and expected to exceed $3,000+.

Among a solid selection of decorative arts is an important, Victorian three-panel tripod clock by Thomas Cole, which may fetch $15,000+, a Zuber & Cie 12-panel screen from France, depicting an oriental landscape, which may bring $15,000+ and a pair of monumental Italian Baroque-style patinated bronze figural andirons, 49 inches high, which are expected to cross the block for $15,000+.

A well-published earthenware vase by Austrian ceramicist Dame Lucie Rie is expected to bring $8,000+ to lead a strong selection of porcelain in the auction. Additional highlights include a 10-piece flight of Barr & Barr Worcester partial topographical service is expected to bring $4,000+, a Gertrud Natzler and Otto Natzler modernist ceramic bowl, may reach $3,000+, and a gilt Paris porcelain temple-form table ornament attributed to Darte Freres, from the Jean and Graham Devoe Williford Charitable Trust, the same trust that revealed a new world record for a Jerome Thompson painting, may sell for $3,000+.

AN R. LALIQUE GLASS VITESSE AUTOMOBILE MASCOTAn exquisite Rene Lalique glass Vitesse (Speed) automobile mascot, circa 1928, is expected to surpass $7,000+, and a Lalique Perruches vase, is expected to bring $5,000+, to underscore a fine selection of art glass by Degué, Gallé, Stevens and Williams and Charles Schneider, including a Schneider Le Verre Francais Chardons vase, circa 1925, which may bring $3,500.

Perhaps the most anticipated collection of art glass includes nine lots of Tiffany Studios Favrile glass tableware from the collection of Texas architect Wyatt Cephus and Mildred Sterling Hedrick, whose father Ross S. Sterling, was governor of Texas during the 1930s. Pieces are marked either L.C.T. Favrile or L.C. Tiffany-Favrile. The unique set includes yellow glass dinner plates, finger bowls, champagne stems, luncheon plates, bowls and even a matching pair of glass candlesticks all decorated with radiating air bubbles along scalloped rims.

More information about Fine Art auctions.

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  Current Auctions
Coin Auctions
June 5-9 US Coin Signature Auction - Long Beach #1186
June 5-9 US Coin Signature Auction - Long Beach #1186

View Lots
Thursday Modern Coin Auction Thursday Modern Coin Auction #241323
Closes June 6
View Lots
Weekly World Coin Auction Weekly World Coin Auction #231323
Closes June 6
View Lots
Sunday Internet Coin Auction Sunday Internet Coin Auction #131324
Closes June 9
View Lots
Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131324
Closes June 11
View Lots


Currency Auctions
Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141324
Closes June 11
View Lots

Other Signature Auctions
June 8 Civil War & Militaria Signature Auction - Dallas #6098 June 8 Civil War & Militaria Signature Auction - Dallas #6098
View Lots
June 9 Arms & Armor Signature Auction - Dallas #6099 June 9 Arms & Armor Signature Auction - Dallas #6099
View Lots
June 14 Wine Signature Auction - Beverly Hills #5159 June 14 Wine Signature Auction - Beverly Hills #5159
View Lots
June 14 Silver Signature Auction - Dallas #5127 June 14 Silver Signature Auction - Dallas #5127
View Lots
June 15 Decorative Art & European Paintings Signature Auction - Dallas #5139 June 15 Decorative Art & European Paintings Signature Auction - Dallas #5139
View Lots
June 22-23 Legends of the Wild West Signature Auction - Dallas #6101 June 22-23 Legends of the Wild West Signature Auction - Dallas #6101
View Lots
June 22-23 Americana, Political Signature Auction - Dallas #6096 June 22-23 Americana, Political Signature Auction - Dallas #6096
View Lots
   

Other Internet Auctions
Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201323
Closes June 6
View Lots
Sunday Internet Comics Auction Sunday Internet Comics Auction #121323
Closes June 9
View Lots
Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151323
Closes June 9
View Lots
Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161323
Closes June 9
View Lots
Tuesday Internet Watch and Jewelry Auction Tuesday Internet Watch and Jewelry Auction #171324
Closes June 11
View Lots
Weekly Internet Luxury Accessories Auction Weekly Internet Luxury Accessories Auction #251324
Closes June 11
View Lots

Auction Schedule | Order a Catalog

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