The World's Largest Collectibles
This Week in Coin News
||November 9, 2013
High-grade 1893-S Morgan leads $11.3+
Million auction in New York
An 1893-S Morgan Dollar MS64
NGC, from the famously lowest mintage issue of any regular
issue Morgan, brought $235,000 to take top lot honors at our
U.S. Coin Signature®
Auction November 1-3 in New York. High-grade silver coinage,
gold rarities, and a 1943-S Bronze cent achieved the top prices at
the event, which realized $11,353,383 with post-auction buys
This was a deep auction with many coins performing well. When key
rarities in high grades came up for bid, prices were strong
regardless of series.
Leading the way was the 1893-S Morgan dollar, as
eight bidders drove the price of the near-Gem example to $235,000.
The 1893-S dollar's translates to a small supply that has to meet
huge collector demand, particularly in Mint State grades.
Two more silver coins were close behind. An 1839 No Drapery half
dollar, PR64+ PCGS Secure, CAC, is one of only five known proof
examples and realized $223,250. A 1799 silver dollar with
7x6 Stars Obverse, B-12b/BB-160 variety, MS65 NGC, CAC, realized
A pair of 19th-century gold highlights round out the top five
prices realized. An 1861-S double eagle with
Paquet Reverse, AU58 NGC, brought $176,250. An 1854 three dollar gold
piece graded PR64+ Cameo PCGS, CAC, went for $164,500.
As with silver, the top gold lots show the importance of quality
and rarity together. The 1861-S Paquet double eagle is one of the
finest available and that showed in the price. Likewise, the proof
1854 three dollar was a very rare coin from the year it was struck,
but it was condition that sent the price so high.
A 1943-S Bronze cent,
struck in a copper alloy instead of steel and the top seller in
The Geyer Family Collection, realized $141,000. An 1849 Mormon twenty dollar
gold piece, Genuine PCGS, enjoyed pre-auction publicity from Salt Lake City's NPR
affiliate and brought $85,187.50.
Just a few of the other highlights of this auction included:
Bidding is continuing on the November 15 - 16 Selections from the Eric P.
Newman Collection Part II Signature Auction at HA.com/Coins, with our December 5 - 8 US Coins
Signature Auction in Houston scheduled to open for bidding
Seldom Seen Selections: The only
available proof 1818 quarter
Johann (John) Reich was appointed assistant engraver on April 1,
1807, working under the supervision of Robert Scot. Reich
immediately began work on new designs for copper, silver, and gold
coins. His Capped Bust design for the silver coins first appeared
on half dollars in 1807, and on dimes in 1809. Quarter dollars
featured the Reich design in 1815, and half dimes followed 14 years
later in 1829. John Reich remained at his post as the assistant to
Scot until March 31, 1817, then departed to pursue other
opportunities, citing poor health and failing eyesight as the
reason for his departure.
A fire at the Mint in January 1816 was followed by renovations that
included improved equipment. Only cents were produced at the Mint
for several months after the fire, including the balance of the
year. Copper planchets were imported from England. Silver and gold
coins required planchets made at the Mint, and the rollers, draw
bench, and planchet cutters used to produce those planchets were
among the equipment destroyed in the fire. The renovations included
a brick building to replace the damaged building that housed the
horse mill, and installation of a small steam engine to operate
some of the equipment, resulting in finer quality coins. Certain
earlier coins minted from 1793 to 1815 have the appearance of proof
coins, and those pieces are normally termed Specimen coins.
However, the first true proof coins appeared in 1817, following the
improvements to the Mint equipment.
In 1817 only cents were minted in proof; in 1818 quarters, and half
dollars were added. The mintage of proof quarters was extremely
small, and only two of those quarters survive today. The survivor
of lesser quality is part of the National Numismatic Collection at
the Smithsonian Institution, and the finer piece is the Superb Gem proof that is
offered as part of the Eric P. Newman
Collection Part II. This piece last appeared for sale 123 years
ago and has enjoyed just three owners of record since that time.
This specimen was the plate coin in Ard W. Browning's 1925
reference, The Early Quarter Dollars of the United States,
and it is the plate coin in Early Quarter Dollars of the United
States Mint. It is also plated in Walter Breen's Complete
Encyclopedia of U.S. and Colonial Coins.
Original large size Capped Bust quarters are
rarely encountered as proofs. The most plentiful date is the
proof-only 1827 that also exists as later restrikes. The 1818 was
the first proof in the series with only two examples known and
just one available to
collectors. Other years known in proof include 1820, 1821,
1822, 1823, 1824, 1825, and 1828. For all nine years combined, the
estimated total surviving proof population is only 39 coins, plus a
dozen 1827 Restrikes. Proofs are identified for 16 different die
pairs in the series, and a complete collection, while technically
impossible as the unique 1820 B-2 is in the Smithsonian
Institution, would be quite an amazing sight. The Eric P. Newman
1818 B-8 proof is the first coin in both a year set of proofs, and
a variety set of proofs, and is a necessary component of either
As expected, this brilliant Superb Gem
proof is struck from the early or perfect state of the
Browning-8 dies. This amazing piece has fully mirrored fields
around bold design motifs that show an impressive, full strike. The
devices exhibit brilliant satin luster with steel-blue peripheral
toning. Delicate gold and iridescent toning adds to the eye appeal
of this amazing Capped Bust quarter.
Items being sold 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
supplementing the Society's museum operations and scholarly
numismatic research efforts and for the benefit of other
not-for-profit institutions selected by Eric P. Newman Numismatic
Education Society for public purposes.
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Website Tips: Search Aids
Spell-Correct: Our targeted search
feature automatically corrects your spelling and returns matching
- It shows the exact matches on what you typed first, in
case you really were looking for an odd spelling.
- It uses the data from our actual items and
descriptions to build its dictionary, so it works amazingly well
with our collectibles. Try looking for the (intentionally
misspelled) words "Nickle"and "Proofilke"!
Did You Mean? If the system detects that there are similar
words to what you typed, it suggests those.
Now, in addition to our automatic spelling correction, we now also
provide suggestions as you type your search query.
- The suggestions are based on actual search terms used on our
- These suggestions are category specific, so if you're on the
coin site, you won't get suggestions based on comics or
- We show the top five matches by frequency.
So when you type "mor", you get these suggestions on HA.com/Coins:
And these on HA.com/FineArt:
Try it out!
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The eleven highest valued coins to sell in
auctions taking place in New York:
The MS64 1893-S dollar sold
last week in New York was the final coin left out of this list, and
is the highest priced US coin to sell in a Heritage auction in New
York. However, we already know that two coins in the Selections From The Eric P.
Newman Collection, Part II Signature Auction will make this
list as soon as the hammer falls, including the MS67+ 1796
quarter, which will be destined for the top spot unless another
coin in the same auction surpasses it. Several other coins in the
same auction are close and may eventually make this list when live
bidding is complete. Stay tuned for more!
- Jewish War (66 - 70 AD).
AR shekel Year 1. Hendin 1352. TJC 183 (this coin). AJC II 259,1
(this coin). Samuels 79 (this coin). gEF. Realized
- Titus as Caesar (79 - 81
AD). AV aureus. Undated c. AD 70, Judaea or Antioch. RPC 1912 var.
BN 384. RIC 175,1535. gEF. Realized $956,000
- Jewish War (66 - 70 AD).
AR quarter-shekel. Year 1. Hendin 1356 (this coin). TJC 186 (this
coin). AJC II 260,7 (this coin). Samuels 83 (this coin). ChVF.
- Canada: 1911 Pattern Dollar DC-6
SPECIMEN 65 PCGS. Realized $690,000
- China: People's Republic
10kg gold 100000 Yuan 2008, KM1842, Gem Proof. Realized
- Canada: George V Cent 1936
Dot, KM28, Specimen 66 Red PCGS. Realized $402,500
- Mexico, Carlos and Joanna 8
Reales ND (1538). XF. Realized $373,750
- Jewish War (66 - 70 AD).
AR half shekel. Year 4. Hendin 1365. TJC 209. AJC 262,25. Samuels
980 (this coin). EF. Realized $358,500
- Australia: George V Proof
Set 1934, KM-PS11, 6 pieces, halfpenny through florin. Realized
- Vespasian (69 - 79 AD).
AE sestertius. AD 71 Rome. Hendin 1500b. RIC 71,161. BMC 543.
gEF. Realized $262,900
- Jewish War (66 - 70 AD).
AR shekel. Year 5. Hendin 1370. TJC 215. AJC 263,31. Samuels 94
(this coin). VF. Realized $262,900
Do you have a suggestion for a future top ten list?
Send it to us!
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Coin Buyer Wanted -
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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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
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 &
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
If you are interested and feel you have the qualifications we
seek, please email your resume and salary history to Experts@HA.com.
- Asian Art Specialist
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- Decorative Arts & Design Specialist
- European Art Specialist
- Modern & Contemporary Art Specialist: (New York,
- World Coins Director: Hong Kong
We are also seeking to fill the following corporate positions:
If you are interested in applying for one of these Corporate
- Client Data Specialist part-time
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- U.S. Coin Cataloger Needed
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Frederic Remington's The
Outlaw No. 5 may bring $800,000
The Outlaw No. 5, an important cornerstone of frontier
art and sculpture, is estimated to bring $800,000 in Heritage
Auctions' Nov. 14 Western and California Art
Signature® Auction in Dallas. Considered one of Remington's
most dynamic sculptures, the bronzehighlights more than 130 lots of
fine art by Thomas Hill, Carl Rungius, Edgar Payne, Leon Gaspard,
Guy Rose, Birger Sandzén, William Robinson Leigh, and G.
With just 15 original casts produced during Remington's lifetime,
The Outlaw No. 5 reflects the artist's obsessive attention to
detail and fervent passion for the American cowboy. The cast
appearing at Heritage is numbered "No. 5" beneath the base with
foundry marks identifying the work as being made by Roman Bronze
Works. N.Y. A sizeable portion of the proceeds from the sale of The
Outlaw No. 5 will support the University of Arizona Honors College
"The foundry's ledger entry, which documented payment received, has
overshadowed the history of this important casting of one of
Remington's rarest subject matters," said Kirsty Buchanan,
Associate Director of Western Art at Heritage. "We are indebted to
Mr. Michael Greenbaum and Mr. Thomas Smith (of the Denver Art
Museum) for their assistance in researching this historic work of
The sculpture highlights a far-reaching treasury of art celebrating
the last American frontier starting with Out to Sea, Point
Lobos by Rose, which could sell for $200,000+ and
Elk by Carl
Clemens Moritz Rungius, which is expected to bring $60,000+.
Siberian Girl (No. 14)
was discovered during a Heritage Appraisal Days event after it had
spent much of the 20th century in a gloomy Chicago basement. The
owner declared no one in the family liked the painting and it
nearly ended up in the trash before Heritage's experts identified
it as a work by Leon Gaspard, a Russian-born artist and one of the
greatest portraitists of the modern era. The painting is expected
to sell for $20,000+.
A watercolor by William Robinson Leigh titled The Mesa
Trail, are both conservatively estimated to bring $10,000+
and Henry Herman Cross's portrait of Rain in the Face, Sioux
Chief, the Native American credited with killing Gen.
George Custer, is expected to sell for $8,000+.
The auction offers a seamless transition between Western Art and
California Art in works such as Yosemite,
1889 by Thomas Hill. "The work is one of Hill's iconic
representations of Yosemite as an untouchable and majestic force
that no human being could ever rival," said Alissa Ford, Director
of California Art at Heritage. The 24" x 16" oil on canvas is
expected to bring $30,000+.
"Plein Air collectors want images that capture the untouched beauty
of the western landscape and the intensity of the atmosphere," she
said, singling out Cathedral Point,
Utah by Franz A Bischoff crossing the block with a
$40,000+ estimate. "At 30 x 40 inches, this work offers all of the
premier qualities of a well-done landscape. Cathedral
Point stands bold while cumulous clouds drift above a
meandering river that flows through the rugged cliffs of Utah. It
is amongst the most vibrant and stunning of Bischoff's plein air
work and truly displays his talents as a California & Western
In addition, Millard Sheets' West Coast of Japan near
Izumi is expected to bring $6,000+ and Edwin Deakin's
historically significant work Fort Point, San
Francisco, 1876 may fetch $4,000+.
More information about Western and
California Art auctions.
Sioux Boy's Beaded Hide Shirt From The Pasvolsky
Collection Highlights American Indian Art Auction
A grandfather's long-ignored collection of Indian art and artifacts
could bring a New Jersey family more than $125,000 when 203 lots
from the famed Valentine "Val" Pasvolsky cross the block Nov. 15 at
Heritage Auctions. The American Indian Art
Signature® Auction is led by a rare Sioux Boy's Pictorial
Beaded and Fringed Hide Shirt, with a note on the hide tying it
to the Battle of Little Big Horn, which is estimated to bring
It wasn't until Delia E. Sullivan, Director, Senior Specialist of
American Indian Art at Heritage, opened the boxes that Pasvolsky's
grandchildren realized just how important the collection truly was.
Sullivan was the first specialist to see the collection in nearly
"It's likely the hobby won't see another collection like this for a
decade or more," Sullivan said. "There are some really wonderfully
important things in this collection. A find like this only happens
once or twice in a career."
Tucked away for decades was a Pair of Southeast Beaded
Hide Moccasins, estimated to bring $20,000+, a Crow Painted Parfleche
Medicine Case, which could sell for $7,000+, and a Plateau Beaded Hide
Cradleboard, which could bring $8,000+.
Pasvolsky was an U.S. Army sergeant when he made a name for himself
from the 1950s through the 1970s as a generous and ambitious
numismatist who regularly took top honors in coin shows throughout
New England, Canada and the U.K. He was honored by the American
Numismatic Association in 1975. His passion for both numismatics
and American Indian art started shortly after immigrating to the
United States from Russia at age 14. He collected primarily between
the 1930s and 1970s. His collection includes rarities from across
North America, with particular emphasis on tribes of the North East
with selections of South American tribal art as well. At one point,
Pasvolsky made headlines nationwide for owning a vest worn by the
Apache Chief Geronimo.
By the early 1960s, he and his wife had turned an 18-room house in
Lakewood, N.J. into The Indian Village Museum & Trading Post, a
roadside attraction and museum. Pasvolsky regularly brought his
entire family to county fairs, schools and scout troop meetings,
complete with a tee-pee and full headdress, shirts and pants.
More information about American
Indian Art auctions.
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