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This Week in Coin News
||September 21, 2013
A World of Money: The Flavian
(AD 79-81). Orichalcum sestertius (33mm, 26.90 gm, 6h). Rome,
AD 80-81. Oblique overhead view of the Colosseum (Flavian
Amphitheater); the exterior displaying four tiers of arches, the
top three containing statuary, and the interior showing spectators
arrayed in sectioned seating; to the left, fountain on base (Meta
Sudans); on right, porticoed building (Baths of Titus?) / IMP T
CAES VESP AVG P M TR P P P COS VIII, Titus seated left on curule
chair, holding branch and scroll; below, on either side, pile of
arms. In field, S - C. RIC 184. Elkins 6 (A4/P6). CBN 189. Hendin
Among the most famous monuments of Antiquity is Rome's
Colosseum, formally known as the Flavian Amphitheater, so named
after the dynasty that built it. Flavius Vespasianus (A.D. 69-79),
began its construction in AD 71 on the site of Nero's sumptuous
Golden House. It was Rome's first permanent outdoor amphitheater,
and it was built on a scale not to be exceeded for the next
Vespasian dedicated the partially completed structure in AD 75;
however the final touches, including the top tiers of arches and
seating, were not completed until June, AD 80, under his son and
successor Titus. To mark the occasion,
this remarkable coin was issued, and we are privileged to offer
an example in our
2013 September 25 - 27, 30 & October 1 World and Ancient Coins
Signature Auction in Long Beach.
The die engraver did a exemplary job depicting the mammoth
structure in surprising detail, carefully depicting the exterior
tiers of arches and the decorative statuary within each arch, as
well as the spectators crowded within. Even the interior staircases
arched entrance ways and the Imperial box are depicted. To the left
of the central structure stands a huge, conical fountain called the
Meta Sudans; to the right is a porticoed building usually
identified as the Baths of Titus, formerly part of Nero's Golden
This coin is an excellent specimen of this very rare and
important historic type. Although there is some minor smoothing in
the fields, the devices and main details are untouched. This coin
grades a pleasing Very Fine with green-brown patina.
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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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Win A Free $500 Auction Credit By Sharing
Your Collecting Stories
Heritage Auctions and Antique Trader magazine are teaming up to
offer a $500 auction credit as the grand prize in the 5th Annual
Favorite Finds Contest!
The contest is an opportunity to share your most memorable
stories with your fellow collectors. Your submission puts you in
the running for the grand prize of a $500 auction credit with
Heritage, or the runner-up prize: a 10-volume reference library
courtesy of Krause Publications and a one-year subscription to
It's free to enter and every participant gets a free copy of the
Favorite Finds issue featuring their story. All entries must be
received by 11:59 PM ET Sept. 30, 2013. Learn how to enter and
read how one collector discovered an amazing bronze
Tiffany cigarette box at a garage sale.
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The eleven most valuable Dutch coins to sell in Heritage
Holland gold Silver Rider (10 Ducats) 1687, Del-788, MS64 NGC.
Willem I gold 10 Gulden 1819, KM56, MS64 PL NGC. Realized
Willem II gold 10 Gulden 1848, KM78, Proof 60 NGC. Realized
Willem III gold 5 Gulden 1850, KM94, Proof 65 Ultra Cameo NGC.
Willem III 1/2 Gulden 1850, KM92, deeply toned Proof. Realized
Willem III gold 10 Gulden 1851, KM95, PF63 Cameo NGC. Realized
Utrecht. Ducaton (Silver Rider) 1794, KM92, D-1832, MS66 PCGS.
Wilhelmina gold 10 Gulden 1926, KM162, Proof 65 NGC. Realized
Holland. Gold 6 Stuivers 1739, KM45a, MS65 NGC. Realized
Willem II Gulden 1846, KM66, Proof 66 PCGS. Realized
Utrecht. Gold Cavalier d'Or 1619, KM15, Fr-286, MS62 NGC.
Do you have a suggestion for a future top ten list?
Send it to us!
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Coin Buyer Wanted - Dallas Office
Heritage Auctions is seeking talented numismatists with a broad
range of expertise to join our Dallas office. If you have a good
working knowledge base of U S. coins and currency and are
comfortable dealing with the public, we have openings for permanent
positions as a buyer. 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
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Reduced Auction Commissions When You Resell Your
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
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
- 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 &
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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
- Classic Cars Specialist
- Coin Buyer
- Decorative Arts & Design Specialist
- European Art Specialist
- Modern & Contemporary Art Specialist: (New York,
- 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
We are also seeking to fill the following corporate
- Client Data Specialist part-time
- Client Services Representative
- Currency Cataloger
- Currency Consignment Director
- e-Publishing Expert
- Graphic Designer
- Maintenance Assistant
- Shipping Associate
- Web Marketing Specialist
If you are interested in applying for one of these Corporate
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The Maude Ballou Papers: Martin Luther King's
Handwritten Notes, Writings And Correspondence Among Important
Civil Rights Era History
An unprecedented trove of material relating to the Reverend Dr.
Martin Luther King, Jr., the most famous and influential name in
America's storied Civil Rights Movement in the 1950s and 1960s —
including King's handwritten notes on eight cards containing the
outline of his famed "Dexter Avenue Church Farewell Address," circa
1960 — will be offered on Oct. 17 as part of Heritage Auctions'
Historical Manuscripts event in New York.
The material, more than 100 artifacts in all, are coming to
auction after more than half a century in the loving possession of
87-year-old Maude Ballou, Martin Luther King Jr.'s close friend and
Ballou material provides a ground-level perspective of the
civil rights struggle," says Sandra Palomino, Director of
Historical Manuscripts at Heritage Auctions. "The collection brings
to light the courage and strength of all its participants. This
material, available for the very first time, is unprecedented and
illustrates the role of the church and the Reverend King's
As a child growing up in the South during the 1960s, Howard Ballou,
Maude's son, was privileged to witness history. He was just a boy
at the dawn of the Civil Rights Movement.
"When Dr. King was elected to lead the Montgomery Improvement
Association, which led to the Montgomery bus boycott, he asked mom
to come work with him," said Howard, 59, a TV news anchor in
Jackson, Miss. "She was working at the time for a local radio
station. She had a business degree from Southern University in
Baton Rouge, LA. She was a great organizer. She got things done. Of
course, this was the boycott that changed the world."
Maude Ballou later helped Dr. King establish his office at the
Southern Christian Leadership Conference. Mrs. Ballou moved with
King to Atlanta, living with the King family for several months,
ensuring a smooth transition before King had time to hire a new
As King's secretary, Ballou handled his schedule, wrote letters
on his behalf, and received correspondence from King and other
civil rights leaders.
"Maude Ballou communicated with all the great leaders of the
day," said Palomino. "Rosa Parks, Adam Clayton Powell, Ralph
Abernethy, Wyatt Tee Walker, you name it. She worked closely with
Dr. King in all of his writing and editing."
"These are treasures from my mom's years at the beginning of the
civil rights movement," said Howard. "My mother has finally decided
that, after half a century safeguarding this material, and Dr.
King's legacy, she wants to share these items with the public. It's
time for them to be appreciated by others as much as we've
Heritage Auctions will be donating a portion of its proceeds
from the auction of The Ballou Papers to Alabama State
More information about historical auctions.
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Pierre-Auguste Renoir's Personal Effects And
Sculpture Bring $1.28+ Million At Heritage Auctions
The single largest archive of Pierre-Auguste Renoir's
personally-owned objects — from his
signature polka-dot scarf, which realized $3,750, to the most
ambitious sculpture executed by Renoir and Richard Guino,
La Grande Venus Victrix, temporarily stored in a shed
after Renoir's death, which realized $545,000 — led an expansive
grouping dedicated to the Impressionist icon in Heritage Auctions'
The Renoir Estate Collection Signature® Auction, Sept. 19 in
New York, which totaled $1,285,563.
"This collection provided an intimate glimpse inside the
personal and professional life of Renoir," said Brian Roughton,
Managing Director of Fine Arts at Heritage Auctions, "and the
worldwide interest generated by the event, and the significant
prices realized, show that Renoir is still as relevant and beloved
today as he has ever been."
The widespread interest in the collection translated into
spirited bidding across the auction, with a majority of lots,
especially Renoir's correspondence and personal papers, selling
well in excess of their original estimates.
This museum-level collection is significant for its completeness
in revealing volumes about Renoir, his art and his personal life.
The Heritage event also represents the last time this collection
will appear assembled ever again.
More information about fine and decorative art auctions.
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September 30 West Texas Golf Classic Auction
Benefiting Texas Scottish Rite Hospital for Children
Texas Scottish Rite Hospital for Children (TSRHC) and a group
of dedicated friends hosted the first West Texas Golf Classic at
the scenic and historic Lubbock Country Club. Now in its fourth
year, the tournament promises a wonderful day of golf, outstanding
prizes and great fellowship, but so much more is accomplished
through this event. It offers an opportunity for participants to
come together and show support for the exceptional work TSRHC is
doing to improve thousands of children's lives across Texas.
Proceeds from the tournament have greatly benefited the
hospital. To date, the tournament has made more than $250,000 to
support such areas as the Center for Excellence in Hip Disorders,
the Allan Shivers Park and the hospital's Atrium renovation
project. This support has made a significant difference in the
lives of Texas children.
For more information about the auction, contact Jeri Carroll at
More information about charity auctions.
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