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This Week in Coin News November 16, 2013
In This Issue:
Houston US Coin auction open for bidding
Seldom Seen Selections: A Rare Mint State Nova Constellatio Copper
Website Tips: Take Charge Of Your Email Preferences
This Week's Top Ten
Get The Digital Version Of The Intelligent Collector Magazine For Free
Coin Buyer Wanted - Dallas Office
Reduced Auction Commissions When You Resell Your Winnings!
Employment Opportunities
Around Heritage Auctions
Instant Quiz
Is It Time To Sell?
Current Auctions
Newsletter Archive
Last Issue
Houston US Coin auction open for bidding
1879 $4 Flowing Hair Stella, Judd-1635, PR65 Deep Cameo PCGS
1879 $4 Flowing Hair Stella, Judd-1635, PR65 Deep Cameo PCGS
Fresh off a $10.3 million New York US coin signature auction, and with Part II of the Eric P. Newman collection expected to raise another $15 million this weekend, your opportunities to expand your US coin collection continue at HA.com. The Money Show of the Southwest in Houston is the setting, as over 5,000 coins are set to be auctioned December 5-8.

Four dollar gold pieces, also known as stellas after the star device on the reverse, are highlights of any auction in which they appear, and this auction boasts one such coin, a 1879 Flowing Hair variety, graded Proof-65 Deep Cameo by PCGS. The 1879 Flowing Hair is by far the most available stella to collectors, but with a mintage in the hundreds and a demand many times that, it is always the object of spirited bidding whenever it appears at auction.

Another low mintage gold rarity is the 1796 quarter eagle with no stars on the obverse. Fewer than a thousand of the No Stars and With Stars varieties combined were minted in 1796, and less than a hundred No Stars coins have been certified in all grades by the major services. The coin we're offering in Houston bears a modest VF30 grade assigned by PCGS, but collectors looking for an example of this rare date will find this piece much more affordable than some of the alternatives in their infrequent appearances in auction.

Only 20 examples of the 1864 cent with L on ribbon are known, and we were fortunate enough to offer three of them in our recent Long Beach auction. Two more will be offered in Houston, meaning that Heritage will be offering a quarter of the known specimens over a period of less than three months. Both of these coins are Snow-PR2 varieties certified Proof-64 by NGC many years ago, as evidenced by the older holders housing the coins. Lot 3518 is designated Red and Brown, while lot 3517, designated Brown, is the plate coin in Breen's Proof Encyclopedia.

Just a few of the other highlights of this auction include:

1796 $2 1/2 No Stars VF30 PCGS 1796 $2 1/2 No Stars VF30 PCGS
1797 $1 10x6 Stars, Large Letters MS62 PCGS. B-3, BB-71 1797 $1 10x6 Stars, Large Letters MS62 PCGS. B-3, BB-71
Bid on this auction now at HA.com/Coins.

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Seldom Seen Selections: A Rare Mint State Nova Constellatio Copper
1785 C Nova Nova Constellatio Copper, Pointed Rays, Small Date MS63 Brown PCGS. CAC
1785 C Nova Nova Constellatio Copper, Pointed Rays, Small Date MS63 Brown PCGS. CAC
Crosby 2-A is the sole Small Date 1785 Nova Constellatio die variety, and as such merits its own entry in the Red Book. The variety is very scarce, and is typically encountered in VF condition. PCGS has certified just four examples in grades above XF40, and only the coin we will be offering in our Houston auction has been graded as Mint State (in this case 63 Brown) by that service. The three AU pieces are graded AU53, AU55, and AU58, and each has appeared in Heritage auctions the past ten years. The AU55 sold for $8,050 as lot 1975 in our May 2008 Long Beach Signature Auction, and the AU58 realized $10,350 as lot 3008 in our January 2006 FUN Signature Auction. The present lot, the lone certified Mint State example, is certain to bring a much higher price. NGC has certified just four examples, none graded finer than XF40. This favorably compares with the 84 1785 Large Date, Pointed Rays and 15 1785 Large Date, Blunt Rays pieces certified by that firm.

The origins of the Nova Constellatio series remains mysterious. The design closely resembles the extremely rare 1783 bit, quint, and mark patterns ordered by Pennsylvanian financier Robert Morris. Per Whitman's Colonial Encyclopedia, "the Nova Constellatio copper issues were struck by a private mint in Birmingham, England," yet there is no definitive proof of that. The absence of high grade examples from the holdings of Conder token collectors is also curious. In any event, Nova Constellatios were plentiful in America by the time of pre-Constitution state coinage, since the pieces were used as hosts by Connecticut, New Jersey, and Vermont coppers.

This is an exceptional medium brown example that has satin luster and mark-free surfaces. The strike is incomplete near the all-seeing eye and opposite at the top of US, but the impression is otherwise crisp. One small spot on the upper left loop of the U in US provides an identifier.

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This Week's Top Ten
The ten highest valued Fugio cents to sell in Heritage auctions::

1787 Fugio Cent, Club Rays, Concave Ends, FUCIO VF30 PCGS. Newman 2-C, R.6
1787 Fugio Cent, Club Rays, Concave Ends, FUCIO VF30 PCGS. Newman 2-C, R.6
  1. 1787 Fugio Cent, Club Rays, Concave Ends, FUCIO VF30 PCGS. Newman 2-C, R.6. Realized $29,900
  2. 1787 Fugio Cent, STATES UNITED, 4 Cinquefoils, Pointed Rays MS66 Brown PCGS. CAC. N. 13-X, W-6855, R.2. Realized $25,850
  3. 1787 Fugio Cent, UNITED STATES, Four Cinquefoils MS66 Red and Brown NGC. Newman 11-B, R.4. Realized $25,300
  4. 1787 Fugio Cent, New Haven Restrike, Silver MS63 PCGS. Realized $23,000
  5. 1787 Fugio Cent, UNITED Above MS61 Brown NGC. Newman 11-A, R.6. Realized $22,425
  6. 1787 Fugio Cent, STATES UNITED, 1/Horizontal 1 AU50 PCGS.Newman 10-T, R.5. Realized $19,550
  7. 1787 Fugio Cent, New Haven Restrike, Silver MS63 PCGS. Realized $19,550
  8. 1787 Fugio Cent, UNITED STATES, Cinquefoils MS66 Brown PCGS. Newman 8-B, R.3. Realized $16,100
  9. 1787 Fugio Cent, Club Rays, Concave Ends, FUCIO VF20 PCGS. Newman 2-C, R.6. Realized $16,100
  10. 1787 Fugio Cent, UNITED STATES, No Cinquefoils AU53 PCGS. CAC. N. 1-B, W-6600, R.4. Realized $14,790
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 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
  • Automobilia Specialist
  • Coin Buyer
  • 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
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If you are interested in applying for one of these Corporate positions, please apply here.

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Around Heritage Auctions
Rolex Collection and Vacheron Constantin "Skeletonized" Wristwatch Highlight Fine Timepieces Auction

Vacheron Constantin Extremely Fine & Rare Skeletonized Pink Gold Twin Barrel One Minute Tourbillon With Power Reserve.
One of the finest private collections of Rolex watches and an Extremely Fine Vacheron Constantin 'Skeletonized' Pink Gold Wristwatch, estimated to sell for $50,000+, will headline a wide-ranging selection of rare and exclusive watches and timepieces Nov. 21 at Heritage Auctions' New York location, 445 Park Avenue (at 57th Street).

Models include a Piaget Protocole Exceptional 18k White Gold Diamond & Sapphire Wristwatch, which may hammer for $50,000+, and a rare and very fine Audemars Pigue Rose Gold Rubens Barrichello Royal Oak Offshore Chronograph, estimated to bring $30,000+. An important Swiss Gold Minute Repeater With Perpetual Calendar, Moon Phase & Chronograph could sell for $20,000+.

"These are among the finest names collectors seek when buying the very best," said James Wolf, Consignment Director for Watches and Timepieces at Heritage Auctions. "In particular, the market for Rolex continues to see strong demand but quality examples are difficult to come by. Collectors should be pleased to see what we've uncovered for them."

Tiffany & Co. Movement Attributed to Louis Audemars Rare & Important Minute Repeating Tandem Wind Pocket Watch With Rattrapant.
Notable discoveries include a rare Minute Repeating Tandem Wind Pocket Watch fashioned by Tiffany & Co. with a highly unusual combination of complications. The superior time train and repeating element is accented by the sophisticated rattrapante chronograph that was perfected by master craftsman Louis Audemars. The rare pocket watch is expected to sell for $30,000+.

The event features Heritage Auctions' special presentation of "Timepieces from a Distinguished Gentleman," a singularly-important collection of 360 first quality wristwatches. The collection includes 200 Rolex watches, such as a rare Oyster Perpetual Submariner made for The British Royal Navy, circa 1974, which could sell for $30,000+, and a rare, 18 karat Gold Oyster Cosmograph, circa 1982, which may sell for $20,000+.

More information about Timepieces auctions.

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Disney, Hanna-Barbera, The Beatles and Charlie Brown in 1,400+ lot Heritage Auctions animation

Pinocchio Geppetto and Pinocchio Production Cel and Background (Walt Disney, 1940)
Two rare Disney treasures — a 1940 Walt Disney Pinocchio hand-painted Key Master production cel and background featuring Geppetto, Pinocchio and Figaro and a 1959 masterpiece Sleeping Beauty Pan Production background attributed to legendary animator Eyvind Earle — and the first cartoon drawn for a studio by animation legend Joe Barbera are the anchors in Heritage Auctions' upcoming Nov. 20 Animation Art Signature® Auction and could all bring more than $25,000 apiece.

"We knew that we had to follow-up our $2+ million inaugural auction in February with something spectacular," said Jim Lentz, Director of Animation Art at Heritage. "I'm confident we have. This auction features something from every corner of animation, from Disney to Bugs Bunny to The Beatles, Peanuts, Winsor McCay, Hanna-Barbera and well beyond, spanning every era in animation history."

Joe Barbera's First Cartoon Storyboard Group (c. 1935).
The 1940 Pinocchio, Geppetto and Figaro Hand-Painted Key Master Set Up cel is one of a small group of surviving three-character production cells from the landmark Disney cartoon, with this set-up being among the finest Heritage catalogers have seen while the epic, museum-quality Eyvind Earle Sleeping Beauty Background is a breathtaking example of the master's finest work. The majority of every background in the film was hand-painted by Earle himself, many of which took 10 days to complete.

Joe Barbera's first cartoon drawn for a studio in 1935 for Terry Toons, at 43 pages long, represents the first cartoon script written by the legend and the beginning of a career that would influence millions of kids across a 50 year career. This humble Kiko The Kangaroo story opened the door for the man that would bring the world Yogi Bear, Top Cat, The Flintstones, The Jetsons, Superfriends, Grape Ape and hundreds more cartoon characters.

Beatles Yellow Submarine Paul McCartney, George Harrison, Ringo Starr, and John Lennon Color Model Cel Animation A.
Another key component of the Nov. 20 auction is a grouping of more than 50 never-before-seen pieces of rare production artwork from the momentous 1968 animated Beatles film Yellow Submarine. The chief lot of the grouping is a superb and very rare Color Model Cel featuring all four of The Beatles in the full 1960s psychedelic glory of their animated avatars' "everyday outfits" as worn in the film. It is estimated at $12,000+.

There is no arguing that Charles Schulz's Peanuts is the most influential comic strip in history, or that Charlie Brown's impact on cartoons was any less spectacular. In that vein, the Nov. 20 auction presents what can only be viewed as the birth of that TV juggernaut with the offering of a superb range of material from the Peanuts Gang's first animated appearances in the 1959-1962 Ford Falcon ad campaign, with a Sequence Production Cel Set-up featuring Charlie Brown and Schroeder being a prime example from the period. The cel is expected to bring $5,000+.

Dr. Seuss' How the Grinch Stole Christmas Grinch Production Cel Signed by Chuck Jones (Warner Brothers, 1966).
More key modern lots include a 1966 "How the Grinch Stole Christmas" Key Master Set Up cel, from the Chuck Jones Archives, estimated at $10,000+, featuring a classic moment from the beloved cartoon with the Grinch looking down at poor Max the dog over the lip of his sled, and a very early and rare 1987 Simpsons/Tracy Ullman Show key master Set Up cel from the first season episode "House of Cards." It is estimated at $2,500+.More information about animation art auctions.

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$1 Million Don/Maggie Thompson Pedigree Collection Leads Nearly 1,700 Lots Of Comics And Comic Art

The Avengers #1 Don/Maggie Thompson Collection pedigree (Marvel, 1963) CGC NM 9.4 Off-white to white pages.
One of the finest known copies of The Avengers #1, CGC NM 9.4, is expected to bring $80,000+ to highlight the Don/Maggie Thompson Pedigree Collection Nov. 21-23 at Heritage Auctions. The collection, estimated at $1 million, was lovingly amassed over 50 years by the husband and wife team who are considered icons in the world of modern comics fandom. The first round of the collection will be presented along with nearly 1,700 lots in Heritage's Comics Signature® Auction in Beverly Hills and again in February 2014 in Dallas.

The Thompsons were responsible for launching as well as participating in several publications that brought readers closer to creators, characters and fellow fans. Starting with a mimeographed one-sheet called Harbinger in 1960, the two produced a variety of other publications until both jointly edited Comics Buyer's Guide until Don's passing in 1994. Maggie then served in an editorial role until the end of the publication's run earlier this year.

"Don and Maggie Thompson were already adults when Fantastic Four #1 came out in 1961, and since comics were their great passion they purchased all of them and handled every new comic with great care," said Steve Borock, Senior Consignment Director at Heritage Auctions. "Their comic collection is truly one-of-a kind and is well deserving of a pedigree. It's rare to see such a fresh collection come to market and we are honored to be entrusted with it."

Journey Into Mystery #83 Don/Maggie Thompson Collection pedigree (Marvel, 1962) CGC NM- 9.2 White pages.
Additional key Silver Age rarities from the Thompson collection include Journey Into Mystery #83, CGC NM 9.2, which could sell for $80,000+, and The Incredible Hulk #1, CGC VF+ 8.5, estimated to bring $55,000+, among a cavalcade of near pristine books.

In addition to high-grade comics, the Thompson collection includes the original cover art for Conan the Barbarian #4 by Barry Smith from 1970, which is expected to hammer for $50,000+. Very little original cover art by Smith is available from his fan-favorite run, and this work for the fourth issue, illustrating The "Tower of the Elephant" tale adapted from the Robert E. Howard story, is considered a holy grail among Bronze Age collectors.

The Nov. 21-23 Signature Auction also includes a number of high-grade examples of key books, including one of just four known copies of Tales of Suspense #39, CGC NM+ 9.6, marking the first appearance of Iron Man, which could sell for $200,000+, and one of the highest-graded copies of the origin of Batman, Detective Comics #33, CGC VF 8.0, which is expected to cross the block for as much as $80,000+. A copy of Strange Tales #110, CGC NM+ 9.6, in which Doctor Strange makes his first appearance, is expected to bring $35,000+.

Frank Frazetta The Tempest Oil Painting Original Art (1988).
A wide variety of original art is led by a magnificent painting by Frank Frazetta, which could sell for $75,000+. The unforgettable image of a brawny barbarian jolted by an elemental lightning strike from the heavens has inspired other spin-off projects such as Richard Williams' famous animated cologne commercial for Jovan Sex Appeal in 1978.

Part of a major collection of original Peanuts art in the auction is led by an Oct. 20, 1968 Sunday strip, showing Snoopy and the gang at their beloved movie theater, from Oct. 20, 1968, which is expected to bring $50,000+.

Among the examples of rare original comic book art comes Jack Kirby and Joe Sinnott's art on Page 14 from Fantastic Four #55, portraying an enraged Thing trying to bust the Silver Surfer's board in half, may fetch $50,000+.

Carl Barks Uncle Scrooge #43 Hand-Painted Cover Original Art (Gold Key, 1963).
Carl Barks' hand-painted cover art for Uncle Scrooge #43 makes its auction debut at Heritage, with a $20,000 estimate. It is one of the few original Barks comic book covers to exist, and its jet black background is unique for a reason. In 1963, a Western Publishing executive, wanting a color piece to hang on his office wall, asked Barks for an original Uncle Scrooge painting. Keep in mind this was years before Barks was granted permission by Disney to reproduce his earlier comic book work as fine art paintings, so he did the best thing he could at the time - he took his original inked cover art for a then-recent issue and painted in the background and details using a combination of oil paints and watercolors.

More information about comic & comic art auctions.

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Instant Quiz
Trivia

1. Besides winged Victory, who is depicted on the Texas half dollar?
       A) Davy Crockett and Jim Bowie
       B) Jim Bowie and David Bowie
       C) Sam Houston and Davy Crockett
       D) Stephen F. Austin and Davy Crockett
       E) Stephen F. Austin and Sam Houston


2. What was the first date of the type 2 gold dollar?
       A) 1848
       B) 1849
       C) 1854
       D) 1855
       E) 1856



Last week's question:

1. Which of the following coins has a denomination expressed entirely as a fraction?
Correct Answer: B) 1796 half dollar (28%).

2. Which of the following coins is nicknamed "Little Orphan Annie"?
Correct Answer: C) 1844 dime (32%).


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Is it Time to Sell?
An unparalleled consignment opportunity awaits you as Heritage proudly presents the Official Coin and Currency Auctions of the 2014 Convention of the Florida United Numismatists. We are now in our third decade of unrivaled success in partnership with this lauded convention. Take advantage of the robust numismatic market and consign alongside the more than $50 million of important coins and notes that have already been consigned.

The November 25 consignment deadline for US coins is fast approaching. Call our Consignment Hotline at 1-800-872-6467 x1000 today!

2014 January 8 - 12 FUN US Coin Signature Auction - Orlando
Consignment Deadline: November 25, 2013

2014 January 8 - 14 Currency Signature Auction - Orlando
Consignment Deadline: November 18, 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
November 15 - 16 Selections from the Eric P. Newman Collection, Part II Signature Auction - New York #1190
November 15 - 16 Selections from the Eric P. Newman Collection, Part II Signature Auction - New York #1190
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November 15 - 16 Selections from the Eric P. Newman Collection, Part II Signature Auction - New York #1192
December 5 - 8 US Coins Signature Auction - Houston #1192
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Sunday Internet Coin Auction Sunday Internet Coin Auction #131347
Closes November 17
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Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131347
Closes November 19
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Weekly World Coin Auction Weekly World and Ancient Coin Auction #231347
Closes November 21
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Currency Auctions
Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141347
Closes November 19
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Signature Auctions
November 16 Texas Art Signature Auction - Dallas #5147 November 16 Texas Art Signature Auction - Dallas #5147
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November 16 - 17 Vintage Movie Posters Signature Auction - Dallas #7083 November 16 - 17 Vintage Movie Posters Signature Auction - Dallas #7083
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November 20 & 24 Animation Art Signature Auction - Beverly Hills #7086 November 20 & 24 Animation Art Signature Auction - Beverly Hills #7086
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November 21 Timepieces Signature Auction - New York #5164 November 21 Timepieces Signature Auction - New York #5164
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Special Shipping Restrictions Apply
November 21 Timepieces Signature Auction - New York #5156 November 21 Timepieces Signature Auction - New York #5156
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November 21 6th Annual Vine & Dine Auction Benefiting Ability Connection Texas #554 November 21 6th Annual Vine & Dine Auction Benefiting Ability Connection Texas #554
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November 21 Domain Names Signature Auction #1115 November 21 Domain Names Signature Auction - New York #1115
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November 21 - 23 Comics Signature Auction - Beverly Hills #7084 November 21 - 23 Comics Signature Auction - Beverly Hills #7084
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November 23 - 24 Political & Americana Signature Auction #6106 November 23 - 24 Political & Americana Signature Auction - Dallas #6106
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November 23 Contemporary Art - Property of a Distinguished Gentleman Signature Auction - Dallas #5167 November 23 Contemporary Art - Property of a Distinguished Gentleman Signature Auction - Dallas #5167
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November 24 Legends of the West Signature Auction - Dallas #6110 November 24 Legends of the West Signature Auction - Dallas #6110
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December 4 Tiffany, Lalique & Art Glass Signature Auction - New York #5152 December 4 Tiffany, Lalique & Art Glass Signature Auction - New York #5152
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December 5 American Paintings, Drawings & Sculpture Signature Auction - New York #5149 December 5 American Paintings, Drawings & Sculpture Signature Auction - New York #5149
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December 5 The Art of New York Signature Auction - Dallas #5158 December 5 The Art of New York Signature Auction - New York #5158
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December 6 Entertainment & Music Memorabilia Signature Auction - Dallas #7082 December 6 Entertainment & Music Memorabilia Signature Auction - Dallas #7082
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December 6 - 7 Golf Collectibles Catalog Auction featuring The Sam Snead Collection - Dallas #7090 December 6 - 7 Golf Collectibles Catalog Auction featuring The Sam Snead Collection - Dallas #7090
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December 7 Civil War & Militaria Signature Auction - Dallas #6107 December 7 Civil War & Militaria Signature Auction - Dallas #6107
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December 8 Arms & Armor Signature Auction - Dallas #6105 December 8 Arms & Armor Signature Auction - Dallas #6105
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December 9 Fine Jewelry Signature Auction - Dallas #5150 December 9 Fine Jewelry Signature Auction - Dallas #5150
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 December 10 - 11 Holiday Luxury Signature Auction - Dallas #5151 December 10 - 11 Holiday Luxury Signature Auction - Dallas #5151
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Other Internet Auctions
Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151346
Closes November 17
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Sunday Internet Comics Auction Sunday Internet Comics Auction #121346
Closes November 17
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Tuesday Internet Watch & Jewelry Auction Tuesday Internet Watch & Jewelry Auction #171347
Closes November 19
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Weekly Internet Luxury Accessory Auction Weekly Internet Luxury Accessory Auction #251347
Closes November 19
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Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201347
Closes November 21
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