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In This Issue:
Brazilian Pedro I Coronation 6400 Reis Sets World Record Price At NYINC
This Just In
A World of Money: An Extraordinary Multiple Ducat Masterpiece
Website Tips: Items Just Like This One
This Week's Top Ten
Coin Buyer Wanted - Dallas Office
Reduced Auction Commissions When You Resell Your Winnings!
Employment Opportunities
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January 11, 2014
Newsletter Archive
Last Issue
Brazilian Pedro I Coronation 6400 Reis Sets World Record Price At NYINC
Brazil: Pedro I gold 6400 Reis 1822-R, KM361, Russo-592, AU55 NGC
Brazil: Pedro I gold 6400 Reis 1822-R, KM361, Russo-592, AU55 NGC
A stunning and pristine 1822 Pedro I gold 6400 Reis, AU55 NGC realized $499,375 on January 5 to lead Heritage Auctions' $15 million World & Ancient Coin Signature Auction, held at the Waldorf-Astoria, as part the New York International Numismatic Convention (NYINC). All prices include Buyer's Premium.

"This was an incredible auction," said Cristiano Bierrenbach, Vice President of Heritage Auctions. "There was so much interest from all over the world, and so many collectors interested in bidding, that we had a feeling something special was going to happen."

The Pedro I "Coronation Piece," as it is known, more than doubled its $200,000+ pre-auction estimate when it finished just shy of the half-million dollar mark, setting a world record price realized for a Brazilian coin.

"For Brazilians, Pedro I is one of the most important leader since the inception of the country," Bierrenbach said, "and for Brazilian numismatists, there is no coin more desirable than this very issue, and this very coin is the finest available. This record price is well-warranted."

A rarity from the New World, and one of the most important coins of the Spanish Colonial Period, a 1711 Felipe V gold Royal Cob 8 Escudos MS64 PCGS, also proved somewhat of a juggernaut as bidding barreled its way past $250,000 to finish at $293,750.

Mexico: Felipe V gold Royal Cob 8 Escudos 1711 MXo-J, KM-R57.1, Calico-88, Onza-384, MS64 PCGS
Mexico: Felipe V gold Royal Cob 8 Escudos 1711 MXo-J, KM-R57.1, Calico-88, Onza-384, MS64 PCGS
"This coin is essentially unmatched in beauty, rarity and desirability," said Bierrenbach. "There are no more than 50 of these special coins in existence and a quarter of those are untouchable in institutional collections. This auction represented an amazing opportunity for a very advanced collector."

Demand for Latin American rarities continued throughout the auction, with the top trio of the auction rounded out by the finest extant specimen of the Guatemalan Central American Republic 1824 8 Escudos, graded MS65 NGC, which realized a hearty $176,250 final price realized.

Russian collectors proved equally passionate about their nation's unique coinage when an Elizabeth Dassier Rouble 1757 СПБ-ЯI, MS64 NGC, from the Willy Fuchs Collection — "An exceedingly rare mint state Dassier Rouble," said Bierrenbach. — matched the $176,250 price realized to match the Guatemalan 8 Escudos.

The Hans Cook Collection of British Gold, beginning with Edward III (1327-1377) and ending at George VI (1937), represented every monarch of the 600-year span (as well as the Cromwell and Commonwealth issues). The hammered coins were led by a spectacular example of the classic 1839 Victoria "Una and the Lion" Proof £5, which received plenty of collector buzz and soared to a $141,000 price realized.

Just a few of the additional highlights of this auction included:

Guatemala: Central American Republic gold 8 Escudos 1824 NG-M, KM8, Fr-26, Onza-1751, MS65 NGC Guatemala: Central American Republic gold 8 Escudos 1824 NG-M, KM8, Fr-26, Onza-1751, MS65 NGC
Russia: Elizabeth Dassier Rouble 1757 Russia: Elizabeth Dassier Rouble 1757
Great Britain: Victoria gold Proof 5 Pounds 1839 Great Britain: Victoria gold Proof 5 Pounds 1839
Lubeck. Free City gold 10 Ducats 1752-JJJ, KM-Pn25, Fr-1499, Dav-2420 (in silver), Specimen 63 PCG Lubeck. Free City gold 10 Ducats 1752-JJJ, KM-Pn25, Fr-1499, Dav-2420 (in silver), Specimen 63 PCG
Additional world coins will be offered in the 2014 January 14 - 16 Selections From the Eric P. Newman Collection Part III Signature Auction in New York, and the 2014 January 20 - 21 World and Ancient Coins Non Floor Session Auction. US coin offerings continue with the January 11-12 Signature Internet Sessions of the FUN US Coin Signature Auction, exclusively at HA.com/Coins.

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This Just In
Platinum Night sales at the FUN US Coins auction in Orlando totaled $43.8 million, led by the 1787 Brasher Doubloon, EB on Wing, graded MS63 by NGC, which sold for $4,582,500. Two other coins broke into seven figure territory: the Hawaii Five-O specimen of the 1913 Liberty Nickel, PR64 NGC, which sold for $3,290,000, and a 1927-D double eagle, MS66 NGC, which sold for $1,997,500. Another eight coins broke the $500,000 mark.

Overall, the FUN US Coins auction is expected to threaten the all-time numismatic auction record of $65.5 million, held by our 2007 FUN US Coins auction.

1787 DBLN Brasher Doubloon, EB on Wing, W-5840, MS63 NGC. CAC
1787 DBLN Brasher Doubloon, EB on Wing, W-5840, MS63 NGC. CAC
1913 5C Liberty PR64 NGC. CAC
1913 5C Liberty PR64 NGC. CAC
1927-D $20 MS66 NGC
1927-D $20 MS66 NGC
1787 DBLN Brasher Doubloon,
EB on Wing, W-5840,
MS63 NGC. CAC

Sold for $4,582,500
1913 5C Liberty PR64 NGC. CAC
Sold for $3,290,000
1927-D $20 MS66 NGC
Sold for $1,997,500


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A World of Money: An Extraordinary Multiple Ducat Masterpiece
Austria: Salzburg. Markus Sittikus Graf von Hohenems gold 14 Ducats 1612
Austria: Salzburg. Markus Sittikus Graf von Hohenems gold 14 Ducats 1612
One of the featured lots in our upcoming Selections From the Eric P. Newman Collection Part III Signature Auction taking place January 14 - 16 in New York, is a gold 1612 14 ducats from Salzburg, graded AU58 by NGC. Markus Sittikus Graf von Hohenems, depicted on this coin, was born in 1574 and elected Archbishop of Salzburg In 1612, after his cousin, Wolf Dietrich Raitenaus, was deposed. Wolf Dietrich was thereafter imprisoned in the Hohensalzburg Fortrees. Sittikus died in 1619; his primary legacy consists of the numerous Baroque architectural projects that helped shape the feel and style of the city.

This coin is a complete enigma of a type; it's a type that seems to have avoided numismatic plating for at least a half century. Further adding to the mystery, while smaller ducats of similarity (same legends and design composition) are shown to exist, the lone plated examples we have been able to locate are of the 4 Ducat size. These show Markus Sittikus on the obverse facing right, instead of the more stylized leftward facing portrait on the current example.

Despite the certain complications of production, this massive multi-ducat issue was made to a master's specifications. While being bold, the engraving maintains delicacy, and the strike rises to virtual completeness. Diagonal reeding adds a nice touch to the overall feel. The surfaces show even handling in the form of minor ticks throughout, and point to this piece, albeit for a short period, filling a commercial role. One hint to this fact lies in the tiny etching of "XIIII" just before the reverse legends, a certain quick-identifier of this, even at the time, very rare denomination.

Given the absent notation of this major design difference in previous catalogs, we must question if the present example has ever been numismatically classified. Whatever the case, we don't hesitate to call the current offering "once in a lifetime," as this unique, or nearly so, gold coin is certain to land in a cabinet of the highest sophistication.

Eric P. Newman Numismatic Education Society 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: Items Just Like This One  
Ever wander through the Heritage Permanent Auction Archives and wonder whether a similar coin is available right now? Wonder no more! On every Permanent Auction Archives page, you will see a table showing every coin of the same date and grade currently offered for auction.

Items Just Like This One

Immediately below the coin's description and above the listing for other prices for the same coin in previous auctions, there is a table showing each available piece, with lot number, grade, service, and current bid. To take a look at the coin and perhaps bid, simply click on the link to the piece on the left side of the table.

If you are interested in the coin, but in a different grade, there is a link at the bottom of the table to all coins of the same date, regardless of grade.

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This Week's Top Ten
The ten highest valued Civil War tokens to sell in Heritage auctions:

(1861-65) Seth Smith & Son, Detroit, MI, F-225BT-1a, R.9, AU50 NGC
(1861-65) Seth Smith & Son, Detroit, MI, F-225BT-1a, R.9, AU50 NGC
  1. (1861-65) Seth Smith & Son, Detroit, MI, F-225BT-1a, R.9, AU50 NGC. Realized $14,950
  2. 1864 W. Darling, Saranac, MI, F-865A-2a, R.9, MS62 Brown NGC. Realized $10,637
  3. (1861-65) D.L. Lapsley & Co., Nashville, TN, Fuld 690C-7b, R.9, Reverse Die 1397, XF40 NGC. Realized $4,456
  4. (1861-65) Fr. Behr, Detroit, MI, F-225I-1a, R.8, XF45 NGC. Realized $4,312
  5. 1863 J.O. Ames, Books, Hillsdale, MI, MS65 NGC. Fuld-MI450A-1b. Realized $4,112
  6. (1861-65) G.G. Sawtell, 8th Virginia Regiment Sutler Token VF35 NGC. VA S-H5B. Realized $3,525
  7. 1863 Civil War Token, Fuld 91/435A, R.8. MS65 Red and Brown NGC. Realized $3,450
  8. 1864 Abraham Lincoln in Gilt, MS67 Prooflike NGC. Realized $3,450
  9. 1863 Peterson's Jewelers, Honesdale, PA, MS65 NGC. Fuld-464A-5d. Realized $2,990
  10. 1863 Sam's Inn, Boston, MA, Fuld-MA115F-1e, R.9, XF40 NGC. Realized $2,990
Feuchtwanger coins dated 1864 have been excluded, since they are generally listed with Hard Times tokens.

Do you have a suggestion for a future top ten list? Send it to us!

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Announcements
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
  • Consignment Coordinator
  • Currency Consignment Director
  • e-Publishing Expert
  • Interns
  • Maintenance Assistant
  • Operations Assistant
  • Web Marketing Specialist
  • U.S. Coin Cataloger Needed
If you are interested in applying for one of these Corporate positions, please apply here.

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Around Heritage Auctions

Davy Crockett Related Material to be Offered in Upcoming Texana Auction

He killed a bear (read: b'ar) when he was only three. Or so I'm told. We've all grown up with the legend of Davy Crockett, the original frontiersman in his coon-skin cap. But as with so many of our American heroes, the long since forgotten reality of his role in the development of the American West is far more fascinating than his popular legend recalls. That reality and that legend go very much hand in hand, however. Heritage is proud to offer in its upcoming Texana Auction #6109, to be held in Dallas on March 8, two David Crockett related pieces which provide fascinating insight into the development of his legend, both during and after his extraordinary lifetime.

[David Crockett] Robert Crockett Document Signed
One item we are pleased to offer is a fascinating relic related to the infamous death of Colonel Crockett. On August 12, 1837, Crockett's third son, Robert P. Crockett, signed this legal document swearing to serve as administrator of the estate of his father, famously killed defending the Alamo on March 6th of the previous year. In it Robert swears to inventory and administrate the "goods, credits, lands, and tenements" of his father's estate. While this extraordinary historical document does not tell us anything particularly surprising in and of itself, it serves as a monument to the life and heroic death of this American icon. Interestingly, this lot speaks only to the management of Crockett's physical legacy, drawing our attention to the role of Crockett's heirs in the development and management of his legacy as a whole, a fact that is very important to our understanding of our second Crockett lot and its significance.

[David Crockett] Davy Crockett's Almanack, of Wild Sports in the West, Life in the Backwoods, Sketches of Texas, and Rows on the Mississippi
This second item is a copy of Davy Crockett's Almanack of Wild Sports in the West, Life in the Backwoods, Sketches of Texas, and Rows on the Mississippi, declared on the title page to have been "printed by the heirs of Col. Crockett" in 1838, only two years after Crockett's death. This brochure includes tales of attacks from panthers, giant snakes, and, of course, bears, and sometimes all three (I think it is safe to assume these are mostly apocryphal), as well as a smattering of humorous anecdotes and the occasional weather reports expected of an almanac. I was surprised, however, to read these tales and find that almost none of them related to Crockett personally. I had expected a collection of tales about the adventures of the frontiersman himself. There are occasional quotes from Crockett, or very short tales recalling, for example, the "well established" story that it was his personal shot at Santa Anna which incited the Mexican General to attack the Alamo the following day, but the Almanac is merely haunted by his memory, not centered around his myths. Instead, his "heirs", apparently responsible for this publication, seem to have made their relative the patron saint of the American frontier, the sponsor of these wild stories and of American settlers' defeat of the unforgiving wilderness. They have by mere association assigned his unpredictable, fearless, and unwaveringly determined spirit to be that of the American frontier and its relatively few inhabitants. It's an understandable attribution; Crockett's life was undoubtedly an exciting one, full of tales of bravery and an adventurous spirit. These true tales, however, consist of far less bear-wrastlin' than myth would like us to recall.

[David Crockett] Davy Crockett's Almanack, of Wild Sports in the West, Life in the Backwoods, Sketches of Texas, and Rows on the Mississippi
The publication of this almanac and its earlier issues, which reach back to 1835, a year before Crockett's death, prove that even during his lifetime, Davy Crockett was crowned by popular opinion "The King of the Wild Frontier" and his spirit of bravery and undaunted determination would go on to serve as the example of the attitude of exploration and adventure which would grip the United States as it continued to look westward en mass following his death. The Almanac's volume title of "Go Ahead!" encapsulates the emerging idea of Manifest Destiny which would begin to take hold in the coming years, with this fictionalized Crockett as its figure head.

[David Crockett] Davy Crockett's Almanack, of Wild Sports in the West, Life in the Backwoods, Sketches of Texas, and Rows on the Mississippi
Heritage Auctions invites further consignments to accompany these captivating pieces for our Texana Auction to be held in Dallas on March 8, 2014. Please check the auction's website frequently as new lots will continue to be added. There are only a few days left until our consignment deadline on January 15, so please don't hesitate to contact Sandra Palomino (SandraP@HA.com), David Boozer (DavidB@HA.com), or Bryan Booher (BBooher@HA.com) with your quality consignments.

More information about Historical auctions.

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Instant Quiz
Trivia

1. What was the last year the US minted twenty cent pieces?
       A) 1875
       B) 1876
       C) 1877
       D) 1878
       E) 1879


2. Lewis Feuchtwanger produced experimental coins of one cent and which other denomination?
       A) Half cent
       B) Two cents
       C) Three cents
       D) Five cents
       E) One dollar



Last week's question:

1. What is the date on quarter eagles with the CAL counterstamp on the reverse?
Correct Answer: A) 1848 (37%).

2. After San Francisco Mint coinage was suspended in 1955, what was the date of the first US coin to have an S mintmark?
Correct Answer: D) 1968 (62%).


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Is it Time to Sell?
The upcoming Atlanta ANA auction to be held February 27th through March 2nd already has standout collections consigned and now is your chance to participate in this stellar auction. Our proven track record of success when partnering with the American Numismatic Association always ensures strong auction results. The January 14th deadline is quickly approaching so act now to ensure your spot in this legendary event. Call our Consignment Hotline at 1-800-872-6467 x1000 today!

2014 February 27 - Mar 2 US Coins Signature Auction - Atlanta
Consignment Deadline: January 14, 2014

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
January 8 - 12 FUN US Coin Signature Auction - Orlando #1201
January 8 - 12 FUN US Coin Signature Auction - Orlando #1201
View Lots
January 10 The Adam Mervis Large Cent Collection FUN Signature Auction - Orlando #1200
January 10 The Adam Mervis Large Cent Collection FUN Signature Auction - Orlando #1200
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January 14 - 16 Selections From the Eric P. Newman Collection Part III Signature Auction - New York #3029
January 14 - 16 Selections From the Eric P. Newman Collection Part III Signature Auction - New York #3029
View Lots
January 20 - 21 World and Ancient Coins Non Floor Session Auction - Dallas #3031
January 20 - 21 World and Ancient Coins Non Floor Session Auction - Dallas #3031
View Lots
Sunday Internet Coin Auction Sunday Internet Coin Auction #131402
Closes January 12
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Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131402
Closes January 14
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Weekly World Coin Auction Weekly World and Ancient Coin Auction #231403
Closes January 16
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Currency Auctions
January 8 - 10 & 13 FUN US Currency Signature Auction - Orlando January 8 - 10 & 13 FUN US Currency Signature Auction - Orlando #3526
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January 16 & 13 FUN World Currency Signature Auction - Orlando January 9 & 13 FUN World Currency Signature Auction - Orlando #3523
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Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141402
Closes January 14
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Other Internet Auctions
Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151402
Closes January 12
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Sunday Internet Comics Auction Sunday Internet Comics Auction #121402
Closes January 12
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Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161402
Closes January 12
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Weekly Internet Luxury Accessory Auction Weekly Internet Luxury Accessory Auction #251402
Closes January 14
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Tuesday Internet Watch & Jewelry Auction Tuesday Internet Watch & Jewelry Auction #171402
Closes January 14
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Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201403
Closes January 16
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