The World's Largest Collectibles
This Week in Coin News
||October 12, 2013
Brazilian Gold Ingot Leads World &
Ancient Coins Results In Long Beach
|A classic rarity of
Brazilian numismatics, a large, 1812 Joao VI Prince Regent
gold ingot of Sabara retaining its original issue certificate,
brought $199,750 to lead Heritage Auctions' $10.6+ million World and Ancient Coins
Signature® Auction Sept. 25-Oct. 1 in Long Beach, Calif. The
ingot appeared as Part II of the RLM Collection of Brazilian Gold,
which offered a collector's choice of important ingots and
Portuguese colonial era Brazilian coinage.
"Heritage's growth in the World and Ancient Coin market has a
bright future," said Cristiano Bierrenbach, Executive Vice
President of International Numismatics. "Long Beach Expo has always
been a highlight of our hobby, but this year's results far
surpassed our expectations. We remain grateful to our consigners
and buyers and look forward to offering many special collections in
the next year."
The $10.6+ million total, when combined with the more than $17.5
million realized in Heritage's U.S. Coins Signature®
Auction and the $7.6+ million realized in its Currency Signature®
Auction, both also held as part of the Long Beach Expo, adds up
to a $36+ million dollar week for the company. That total
represents the highest auction realization that the combined Long
Beach events have ever realized.
Among the top performing lots was a famed Burgers Pond, a South
African rarity from 1874. From a mintage of just 142, the coin is
considered one of the finest examples known to exist and it quickly
surpassed its estimate to realize $152,750. A Titus 'Colosseum'
sestertius (struck under the Roman emperor Titus (AD 79-81) to
commemorate the opening of the Colosseum) more than doubled its
high estimate to sell for $146,875. The rare coin, which depicts
the Colosseum on the obverse, was the first example of the type
ever sold by Heritage and became the third-most expensive such coin
to sell at public auction.
A Danzig ducat from 1547,
one of a small handful of examples to be offered at public auction
in decades, sold for $135,125 against a $40,000 estimate. A
dramatic Chinese Empire gold pattern
Kuping Tael from 1906, a rare pattern type featuring a facing
dragon on the obverse, brought $114,562 and a South African threepence
"tickey" struck in gold, a mysterious coin that was made in
1898 by ZAR entrepreneur Sammy Marks, changed hands for
Still retaining sharp design features and deeply mirrored fields, a
dazzling 1866 Proof Victoria
dollar from Hong Kong sold for $70,500 as did a gold double-daric,
struck under Alexander the Great's Babylonian satrap Mazaeus. The
extremely rare example is one of four known of this type and now
carries the honor as the most expensive one to ever sell at
Another notable highlight is an extremely rare stater from Pnytagoras, king
of Salamis on Cyprus. The example shows two different versions
of the goddess Aphrodite on the obverse and reverse. It sold for
$41,125, more than three times more than when it changed hands in
2006. A unique issue from the Mexican mint at Hermosillo, an
1835 Republic Cap and
Ray 8 Reales, fetched $47,000.
Just a few of the other highlights of this auction included:
- Brazil: Joao VI
Prince Regent gold Ingot of Sabara 1814, Prober 1814-S-2885, 30.8
grams sold for $79,312
- Brazil: Joao VI
Prince Regent gold Ingot of Sabara 1813, Prober #1813-S-3523, 29.9
grams sold for $76,375
- Brazil: Joao VI
Prince Regent gold Ingot of Vila Rica 1814, Prober #1814-V-1290.
26.3 grams sold for $49,937
- Russia: Peter I gold
Novodel 2 Ducats (Double Chervonets) 1714, Bitkin H19 (R2), KM-NF4,
Fr-86, AU58 NGC sold for $47,000
- Brazil: Joao V gold
20000 Reis 1724-M, KM117, MS63 NGC sold for $44,062
- Great Britain: George
IV gold Proof £5 1826, Bare Head, raised lettered edge, S-3797,
WR-213 (R3), KM702, PR63 Deep Cameo PCGS sold for $39,656
We are accepting consignments for our next auction of World and Ancient
coinage, scheduled for January 5-6 in New York. Our next
Signature auction of US
coins, scheduled for November 1-3 and also in New York, will be
open for bidding soon at HA.com/Coins.
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Seldom Seen Selections: Unsurpassed
It is our privilege to present, as a part of our
2013 November 1 - 3 US Coin Signature Auction in New York, a
1916-D dime which has
been graded MS67+, Full Bands by PCGS. The 1916-D dime is
well-known to collectors as the key to the Mercury Dime series.
The artistry of Augustus Saint-Gaudens and the impetuosity of
President Theodore Roosevelt spurred a numismatic renaissance that
continued to a new generation of artists who trained with, were
influenced by, or assisted "the Saint."
Those artists include:
The new Mercury dime debuted to rave reviews on
the part of the most influential numismatists of the era, many of
whom were quoted in the December 1916 issue of The Numismatist.
Farran Zerbe, Henry Chapman, Edgar Adams, Wayte Raymond, B. Max
Mehl, Thomas Elder, Howland Wood, and T. Louis Comparette all spoke
glowingly of the new dime design. Elder, in particular, waxed
- James Earle Fraser, designer of the Buffalo nickel that debuted
- Bela Lyon Pratt, whose novel reduced relief quarter eagle and
half eagle designs appeared in 1908, shortly after Saint-Gaudens'
- Adolph Weinman, a double winner in the design sweepstakes,
taking on the Mercury dime and Walking Liberty half dollar, both
premiering in 1916;
- John Flanagan, whose Washington quarter design would debut,
originally as a commemorative coin, in 1932; and
- Charles Keck, originator of the 1915-S Panama-Pacific gold
"We have in the new United States dime, designed by
Adolph Alexander Weinman, the handsomest American coin. The winged
head of Liberty is a real portrait of great beauty and finish. Our
American girl in this instance is youthful, refined, and of gentle
expression. The addition of wings to the head is taken from ancient
art of emblems. The head is not unlike those of [Oscar] Roty and
[Jules-Clément] Chaplain shown on so many modern French coins and
medals. The obverse lettering is beautifully
Although three mints produced the first-year Mercury dimes —
Philadelphia, Denver, San Francisco — the D-mint utterance was a
pittance compared to those of the other mints. It would nonetheless
be the mid-1930s, with the introduction of coin boards for
collectors, before the 1916-D dime's elusive nature would be fully
grasped. It is only the chance survival of a greater number of
first-year dimes from all mints that prevents the 1916-D today from
being prohibitively rare, rather than extremely elusive.
Predictably for an issue with such a small mintage, very few are
known today in the highest grades. None have been certified by
either service finer than the piece we are offering in New York,
and few can be called a peer. The mint luster glows with rich mint
frost beneath speckled, multicolored iridescence seen over each
coin qualifies for entry into only the finest set of Mercury
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Native Golds from the Hoppel
Part 2 of the Hoppel Collection of Fine Minerals is currently being
offered for auction in our Nature & Science
Signature Auction, scheduled for live bidding in Dallas and
through Heritage Live® on
October 19-20. Internet bidding for this auction is open now.
A particularly interesting grouping of lots is a series of native golds from the
Tightner Mine in Alleghany, Sierra County, CA. Now part of the
"Original Sixteen to One Mine", the Tightner mine was one of the
most prolific gold producers in the Alleghany District and the
largest mine with the greatest gold production of any of the mines
consolidated into the Sixteen to One property. The Tightner name
was given in view of the gold veins' tendency to pinch down and
The Gold found here was highly inconsistent in distribution, with
totally barren areas interspersed with infrequent but
extraordinarily rich masses of Gold. One ore shoot in the area
yielded almost 75,000 ounces over a distance of 14 feet.
Purchased out of an estate in 1963, this particular specimen was
referred to as the "Snowman" and was on the cover of Rock &
Gem magazine in July of 1996. Subsequent to that, it was placed
in the Hoppel Collection. Although original specimen descriptions
described it as "reinforced, but not repaired," the process of
cleaning and trimming the "Snowman" revealed that it was actually
four specimens held together adroitly by glue. That was when it was
determined that the "Snowman" was in fact an assembly. All have the
rich color indicative of the very high purity of the Gold —
approaching 24 Karat.
We are offering each of the four
components of the "Snowman" in this auction, as lots 53120
through 53123. The white quartz surrounding the gold deposits gives
the appearance of snow, accounting for the name. Estimates for the
pieces vary from $1,600 for the smallest to $55,000 and up for the
To view these and other golds and native
metals, visit HA.com/NaturalHistory.
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Under certain circumstances, it is possible for more than one
person to have the same bid on the same item. This is actually
fairly common, since people will tend to have similar ideas about
an item's value, often based on having access to the same reference
materials. In any case where there is a tie bid, the earliest
bidder in our records is credited with being the high bidder.
What does this mean in practice? You need to pay attention when you
complete your bid. Above are two different images from our website,
both showing the results of $2 bids on the same item in the same
auction. One of them congratulates the bidder for placing the high
bid on the item. The other states that the bidder, with the same
bid, has been outbid, and offers him the opportunity to place
You may notice that on the version of the page where the bidder has
been outbid, the current bid is the same thing as the bid he just
placed. If you see that, it is a dead giveaway that you were outbid
by an earlier bid of the same amount and simply lost a tiebreaker.
An astute bidder will also note that the high bid is revealed to
him in this case; any further bid he places would be guaranteed to
become the high bid on the item.
Another consequence of tie bids is that under certain circumstances
it is not possible to tell strictly from search listings whether
you are the high bidder on an item. Search pages simply show the
amount of the current bid without regard to any secret maximum bid.
If the search page shows an amount less than your secret maximum
bid, you are the high bidder. If it shows an amount more than your
secret maximum bid, then you are not the high bidder. But if it
shows an amount equal to your secret maximum bid? You don't know.
Both of the bidders above can take a look at this search page and
see the current bid equal to their high bid. But only one of them
is the high bidder.
So, if you can't tell whether you're the high bidder from the
search page, what can you do? MyBids is the answer. This page will
always tell you whether you are the high bidder on an item, showing
your bid in green if you're the high bidder and in red if you are
not. Of course, MyBids is invaluable as a record for all your bids,
not just the close ones, and our most astute bidders check this
page on a regular basis.
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The ten highest valued Roosevelt dimes to sell in Heritage
auctions, one per issue:
1968 10C No S PR68 Cameo PCGS. Realized $48,875
1964 10C SMS MS68 PCGS. Realized $9,487
1949 10C MS68 Full Bands PCGS. Realized $8,337
1983 10C No S PR70 Ultra Cameo NGC. Realized $6,462
1951 10C PR68 Deep Cameo NGC. Realized $6,325
1970 10C No S PR69 Cameo PCGS. Realized $6,037
1975-S 10C PR70 Deep Cameo PCGS. Realized $6,037
1959 10C PR69 Deep Cameo PCGS. Realized $5,980
1967 10C SMS MS68 Deep Cameo PCGS. Realized $5,980
1949-D 10C MS68 Full Bands PCGS. Realized $5,635
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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Great Gatsby First Edition, In The Original First
Printing Dust Jacket In New York
A Boston woman has discovered her rare first edition copy of
The Great Gatsby, retaining its coveted first printing
dust jacket, is expected to bring $60,000+ when it crosses the
block Oct. 17 in Heritage Auctions' Rare Books Signature®
Auction in New York.
The new Baz Luhrmann-Leonardo DiCaprio adaptation of F. Scott
Fitzgerald's classic The Great Gatsby debuted this year and
has so far earned more than $144 million at the box office. News of
the film made Carolyn Lyons Sartory curious if her 1925 copy of the
original novel that had been sitting on her bookshelf for decades
might be a windfall. Sartory quickly discovered collectors pay tens
of thousands of dollars for one of the original early printings of
the novel for its rare dust jacket.
"This is a fabulous example of the book with its original dust
jacket," said Joe Fay, Manager of Rare Books at Heritage Auctions,
who recently secured the book from the consignor in Boston. "The
dust jacket for The Great Gatsby is perhaps the most
sought-after and valuable paper object in modern American book
There are many reasons why original dust jackets from the first
printing did not survive. "At the time of the book's publication,
dust jackets were routinely removed from the book and thrown away
once the buyer got the book home, as jackets were generally
understood to be nothing more than packaging for the book itself,"
Original dust jackets have a printing error on the back cover —
a lowercase "j" in "jay Gatsby" — that had to be hand-corrected by
the publisher in ink. It is likely that the publisher 'stopped the
presses', so to speak, corrected the error, and thus printed far
fewer than the original print run of the book once the error was
discovered, limiting the original population of the jacket in the
first place. "Fitzgerald and his great novel fell out of favor by
the time the great author passed away in 1940, so many copies of
the book, and unfortunately the dust jacket, were likely just
discarded," Fay said.
"The dust jacket presented here is especially desirable because
it is completely unrestored," Fay said. "In fact, while a good
number of the known copies have had some sort of repair done to the
jacket (often significant restoration with lacking pieces
professionally supplied), it is not so with this copy."
The importance of the dust jacket also extends beyond its rarity
and condition. The image used on the cover is based on a painting
by an obscure artist named Francis Cugat that Fitzgerald had seen
in the Scribner's offices while in the middle of writing the novel.
"For Christ's sake don't give anyone that jacket you're saving for
me," Fitzgerald wrote to his publisher. "I've written it into the
book." Fans of the book credit Cugat's evocative pair of eyes over
a blinding Coney Island skyline served as a fitting analogy for the
soulless opulence at the heart of the novel.
"This was a unique phenomenon in American literature — the only
time that a painting designed for a dust jacket actually influenced
the writing of the book for which it was designed," Fay said. "So,
the dust jacket is more than a dust jacket — it is a major
contribution to American literary history."
The book will be included as part of Heritage Auctions' Rare Books Signature
Auction Oct. 17 in New York.
More information about rare book
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Only Known 'Amphibian-Aspiration Fossil' Could
Bring $150,000+ To Lead Diverse Natural History Selection
A one-of-a-kind plate
displaying fossil remains of an amphibian that choked to death on
its prey — believed to be the only specimen of an "amphibian
aspiration" known to exist — is estimated to bring $150,000+ to
lead a world-class selection of fossils, meteorites and unusually
large gemstones in Heritage Auctions' Nature & Science
Signature® Auction Oct. 19-20 in Dallas.
"This is definitely a one-of-a-kind, never-to-be-seen-again
discovery," said Jim Walker, Director of Nature & Science at
Heritage. "The site is closed, which makes this truly a museum
piece. Not only is this one of the few fossil examples of this
species, this is the only one known with an aspiration. All of
these factors combine make this discovery especially rare and
The specimen dates to the Permian Period (299 to 251 million years
ago) and very clearly shows the bones of an amphibian
(Sclerocephalus haeuseri) intertwined with a smaller prey's skull
located in the vicinity of the larger animal's throat. The plate
has been expertly prepared and shows minute details, down to skin
impressions and the tiny, sharp teeth the larger animal used to
hook his hapless prey. Little did they know the tussle would be
Included in the more than 50 lots of fossils of
various types and ages, are discoveries from Germany such as a
dramatic Icthyosaur, dating
from the Mesozoic Era, which may bring $20,000+, and a fossil gar
(Atractosteus strausi), as found in the Messel Pit, which could
sell for $3,000+.
A strong selection of Badlands vertebrates is led by an unusual and
pristine fossil horse skull
(Mesohippus bairdi) from the Early Oligocene Epoch, which may cross
the block for $15,000+. A rare juvenile fossil pig
skull (Archaeotherium mortoni) may turn up $10,000+, and a
fossil skull of an
oreodont (Merycoidodon culbertsoni) — an extinct animal closely
related to camels and pigs — complete with articulated bones, may
exchange hands for $4,000+.
A selection of three dozen meteorites is led by a Gibeon meteorite
found in 1992 in Namibia with a naturally-formed hole, which is
expected hammer for $50,000+, and an exceptional scalloped Gibeon
meteorite, which may bring $26,000+.
Additional natural history rarities and collector's favorites
include a rare and pristine egg from the extinct
Elephant Bird (Aepyornis maximus). The creature is believed to
have grown to over 10 feet (3 meters) in height and to have reached
weights approaching 880 pounds. Its massive egg measures 11 inches
in length and is anticipated to sell for $50,000+. Also highlighted
is an extremely large Canadian Gem
Ammonite, which may sell for $60,000+.
An exceptional skull cast of STAN,
the most complete Tyrannosaurus Rex ever found, could sell for
$12,000+, an extremely rare scorpion and Velvet mite
encased in amber dating from the Oligocene Epoch (34 million to
23 million years ago), could change hands for $4,000+, and a rare
cast of a Dodo Bird
(Raphus cucullatus), could fetch $3,500.
A stellar line-up of more than 60 rare and exotic gemstones kicks
off with a 5.22 carat natural
ruby, from Vietnam, which could take top lot honors at $250,000
and a 31.5 carat natural
purple spinel that may bring $78,000.
More information about nature & science auctions.
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Treasure Street Auction
Bid in the Treasure Street
Auction benefiting Texas Scottish Rite Hospital for Children!
Your support will help TSRHC carry forward its legacy of providing
premier health care to Texas children regardless of the family's
ability to pay. Now in its 18th year, Treasure Street will be a
Texas-sized celebration of our great state with highlights from
every region — from the Panhandle to the Gulf Coast and everything
Treasure Street will take place under the stars on the grounds of
Texas Scottish Rite Hospital for Children on October 17, 2013.
TSRHC is located at 2222
Welborn Street, Dallas, TX 75219. The live auction will be held
at Treasure Street, 8PM CT. Online bidding closes the evening
before the live auction, October 16th at 10PM CT. If you are the
high bidder or placed a proxy bid at the close of online portion of
the auction, your online bid will be executed at the live auction
by Heritage Auctions staff.
For more information about the auction, contact Jeri Carroll at
214-409-1873 or JeriC@HA.com.
More information about charity
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