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Coin News
In This Issue:
Ruth W. Hill Collection Of World Notes Debuts At Central States
Internet Auctions Featuring the Eric P. Newman Collection
A World of Money: The King of Canadian Coins
Website Tips: Price Guides for Numismatists
This Week's Top Ten
U.S. Coin Cataloger Wanted
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
March 1, 2014
Newsletter Archive
Last Issue
Ruth W. Hill Collection Of World Notes Debuts At Central States
An extensive and rare World Currency collection assembled by Ruth W. Hill, lovingly referred to as the "Grand Old Lady of Paper Money Collecting in North America," will be offered by Heritage Auctions in a series of auctions throughout 2014, beginning April 23-28 at the Central States Signature Auction in Chicago, Ill., as well as Tuesday Internet Auctions. Additional highlights will be auctioned during Heritage's World Currency Signature Auction in Long Beach, Calif., Sept. 3-8.

China Provincial Peiyang Tientsin Bank 5 Taels ND (ca. 1910) Pick S2523

Ruth Waldron Hill's pursuit of world paper money rarities began in the 1950s and she quickly became one of the foremost collectors and researchers in the field. Hill's contributions to the hobby of paper money collecting were without much fanfare. She quietly rescued the International Bank Note Society (IBNS) in its early days, when the organization dedicated to the research and promotion of collecting world paper money was facing financial troubles.

A generous benefactor, she belonged to a lengthy list of numismatic organizations. Her generosity also extended to young collectors, giving away bank notes as awards to grade school students to inspire their curiosity about collecting. In 1979, Hill was named by Numismatic News as a Numismatic Ambassador, and in 2010, IBNS appointed her an Honorary Life Member and an Honorary Director for Life. Hill was honored when inducted into the IBNS Hall of Fame in 2010 for helping lay the foundations on which the hobby is built.

"An active collector all of her life and a pioneer in a field of mostly men, Mrs. Hill assembled an exceptional collection of world notes," said Dustin Johnston, Director of Currency at Heritage. "Her devotion was in support of a field that was in desperate need of research and for helping to build future generations of collectors that love and contribute to paper money collecting."

Iran Imperial Bank of Persia 20 Tomans 19.2.1925 Pick 15
India 1000 Rupees ND (1937) Bombay Taylor Pick 21a
Highlights from the Ruth W. Hill Collection of World Notes crossing the block April 23-28, 2014 includes, but are not limited to:

This auction will open for bidding about March 17 at HA.com/Currency.

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Internet Auctions Featuring Selections From the Eric P. Newman Collection
Over the next few months, we will be holding special Internet auctions featuring selections from the Selections From Eric P. Newman Collection. The first auction is open for bidding already, closing at 10:00 PM CT on March 27.

This auction will feature coins from Northern, Central, and Eastern Europe. Future auctions also cover specific geographic areas, including Western and Southern Europe, The British Isles, The Americas, and finally Asia, Africa, and Oceania.

Highlights Include
Russia: Peter I Rouble 1721, KM157.5, AU53 NGC Serbia: Obrenovich Michael III as Prince Proof 10 Para 1868, KM3, PR63 Brown NGC Poland: Nicholas I Proof Zloty (15 Kopecks) 1837-MW, KM-C129, PF63 NGC
Russia: Peter I Rouble 1721, KM157.5, AU53 NGC Serbia: Obrenovich Michael III as Prince Proof 10 Para 1868, KM3, PR63 Brown NGC Poland: Nicholas I Proof Zloty (15 Kopecks) 1837-MW, KM-C129, PF63 NGC
Russia: Peter I Rouble 1721, KM157.5, AU53 NGC Serbia: Obrenovich Michael III as Prince Proof 10 Para 1868, KM3, PR63 Brown NGC Poland: Nicholas I Proof Zloty (15 Kopecks) 1837-MW, KM-C129, PF63 NGC

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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A World of Money: The King of Canadian Coins
George V Specimen 50 Cents 1921, Ottawa mint, KM25
George V Specimen 50 Cents 1921, Ottawa mint, KM25
Merely mention the date "1921" and the astute Canadian collector knows you've got something good. However, mention the "1921 Half Dollar", and they know you're talking about a legend. Originally struck in the respectable quantity of 206,398 pieces, the majority of this mintage was never released into circulation due to waning demand for the denomination. Resultantly, production of half dollars was suspended for much of the 1920s, only to begin again in 1929. To facilitate this re-introduction, some 480,392 half dollars in mint reserve, including an amount presumed to be near the entire mintage of 1921 pieces, were melted for purposes of re-coining the silver.

Today, approximately 75 examples of the 1921 date are thought to survive with some debate existing as to how many, if not all of the survivors, are specimen strikes that were made available to Ottawa mint visitors. So, while not technically the rarest of the Canadian decimal types, the associated veil of mystery that surrounds the relatively few survivors makes for as compelling a story as there is.

For this reason, it hasn't been without its staunch supporters along the way; James E. Charlton, one of most recognizable names in Canadian numismatics for his early pricing research, dubbed the coin "The King of Canadian Numismatics." The name stuck, and as a result, the demand through the decades has never wavered. Today, collectors with the means to afford such a prize are well beyond their supply on the market, and no matter the condition, people line up to own "the King."

Our upcoming 2014 April 9 - 16 CICF World and Ancient Coins Signature Auction - Chicago #3032 features an example of this legendary rarity, graded Specimen 64 by PCGS. Enveloped in a rich base of dusky gray-tan patina with some overlying mauve and olive shades on both sides. On the dentils, more lively toning exists with a thin ring of gold, blue-green, and magenta color. A lack of any abrasive post-strike contact marks help to confirm the present coin's status as a Specimen strike, while magnified viewing helps to identify two tiny strike-thoughs in the left obverse field that should serve well as pedigree markers.

This coin is a true Canadian treasure, and we wish the best of luck to all those who attempt to add this centerpiece to their collection.

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Website Tips: Price Guides for Numismatists  
If you haven't checked out the Heritage Coin Price Guide recently, you're in for a treat! We've significantly upgraded the interface, and we've also added the ability to switch between no fewer than six different guides, at a single click!

To see the guide, go to the Heritage coin home page, and click on "Prices for Numismatists". You will see a listing of coin types; choose your favorite and click.


Now, you will see a listing of the type of coin you've chosen, in commonly traded circulated and uncirculated grades. The display itself is small, about the size of your computer screen. Scroll up or down to see the coin you want. To change the coin type, just select the new type from the dropdown on the right side above the listings.


If, instead of just a few grades, you wish to see values in all grades from Poor 1 to MS70, just click on the "Show All Grades" link in the upper left hand corner. (Keep in mind, of course, that not all price guides have values in all grades.)

Best of all, above the listings are six tabs, each representing different price guides. A single click will instantly switch you between guides!

Other Website Tips
What is Heritage Live!TM?
Spam Blocking
Cookies and Security
Bidding Tutorial
Increasing your bids
How To "Make an Offer"
Batch Bidding
Tracking Lots
Why am I being outbid immediately?
PCGS Registry Numbers
NGC Registry Numbers
Index Number
MyCollection Help

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This Week's Top Ten
The eleven highest valued $50 Territorial gold pieces to sell in Heritage auctions:

1855 Kellogg & Co. Fifty Dollar PR64 PCGS. K-4
1855 Kellogg & Co. Fifty Dollar PR64 PCGS. K-4
  1. 1855 Kellogg & Co. Fifty Dollar PR64 PCGS. K-4. Realized $747,500.
  2. 1851 LE Humbert Fifty Dollar, 880 Thous. MS63 PCGS. No 50 on Reverse, K-2. Realized $546,250.
  3. 1851 RE Humbert Fifty Dollar, Reeded Edge, 887 Thous. MS62 PCGS. K-6. Realized $440,625.
  4. 1855 Kellogg & Co. Fifty Dollar PR53 PCGS. K-4. Realized $352,500.
  5. 1851 LE Humbert Fifty Dollar, Lettered Edge, 880 Thous. MS63 NGC. K-2. Realized $352,500.
  6. 1851 LE Humbert Fifty Dollar, 880 Thous. 50 Rev. MS62 NGC. K-1. Realized $287,500.
  7. 1851 LE Humbert Fifty Dollar, 880 Thous. MS63 NGC. K-2. Realized $264,500.
  8. 1851 LE Humbert Fifty Dollar, 887 Thous. 50 Rev.--ASSAYER Inverted--MS61 PCGS. Kagin-4. Realized $241,500.
  9. 1855 Wass Molitor Fifty Dollar MS60 PCGS. K-9. Realized $212,750.
  10. 1851 LE Humbert Fifty Dollar, 887 Thous. 50 Rev. MS62 NGC. K-4. Realized $207,000.
  11. 1855 Wass Molitor Fifty Dollar MS61 NGC. CAC. K-9. Realized $207,000.
Do you have a suggestion for a future top ten list? Send it to us!

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U.S. Coin Cataloger Wanted

Heritage Auctions is seeking a talented numismatist with broad expertise in U.S. coins to join our award-winning staff. If you have an extensive knowledge base of U.S. coins and have exceptional writing skills we have an opening as a cataloger. You can work with the most successful team of numismatists in the world. This is a full-time position based in our Dallas headquarters. Duties will include cataloging, evaluating and attribution of U.S. coins, assisting with catalog production, and contributing numismatic articles for newsletters and other publications.

If you are interested, please contact BrittM@HA.com.

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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
  • Consignment Coordinator
  • Currency Consignment Director
  • e-Publishing Expert
  • Fine Jewelry Cataloger
  • Interns
  • Maintenance Assistant
  • Production Artist
  • Photography Imaging Specialist
  • PHP Web Developer
  • Web Content Specialist (part-time)
  • Web Remarketing 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
Very First Wolverine Artwork, Not Known To Exist, Surfaces For Auction

Herb Trimpe and Jack Abel The Incredible Hulk #180 Final Page 32: The First-Ever Appearance of Wolverine Original Art (Marvel, 1974)
The original artwork featuring the first ever appearance of Wolverine, by artist Herb Trimpe, on the final page of The Incredible Hulk #180 (1974), arguably the most important debut of a comic book character in the last 40 years, has surfaced from the private hands where it has resided for more than three decades and will cross the block at Heritage Auctions on May 16.

"This is indisputably one of the most significant pieces of original comic art to ever surface," said Todd Hignite, Vice President of Heritage Auctions. "Up until the day I actually saw it and held it in my hands, I had a hard time believing it event really existed. Since the consignor isn't a collector, and therefore unknown to everyone in the hobby, it just wasn't even known for sure this survived."

In 1983, on the afternoon that Trimpe handed over the piece of original art to the then-teenaged consignor of the piece as a souvenir of their visit that afternoon, neither had any idea that the ink, graphite and blue pencil drawing would turn out to be one of the most influential comic book images ever created. As the decades drew on, and Wolverine soared in popularity and influence in Pop Culture, it because obvious to the owner of the art that he had something of significant value and importance.

Inspired by Trimpe's generosity to him more than 30 years ago, the consignor has specified that the majority of the after-tax proceeds from the sale of the artwork be donated, including a large portion designated for the Hero Initiative, the first-ever federally chartered not-for-profit corporation dedicated strictly to helping comic book creators in financial need.

"I'm sure the fruits of this sale will be greatly appreciated by all concerned," Trimpe told the auction house.

This year, 2014, marks the 40th anniversary of the character's first appearance in the landmark story, "And the Wind Howls Wendigo," scripted by Len Wein. In this issue, Hulk heads to Canada, looking for some peace and quiet, when he was mysteriously drawn to a cave inhabited by the sister of the man who became the Wendigo. At the very close of the thriller, the Canadian government sends in its own special agent to take care of a Hulk sighting — a ferocious mutant known as Wolverine.

"Comic art just doesn't get much more exciting than this," said Hignite. "We're anticipating a tidal-wave sized surge of interest in this piece, not only from all of the top comic art collectors, but from bidders all over the spectrum swept away by this piece's unparalleled importance to both Marvel Comics and Pop Culture history. Wolverine is by far the most popular superhero for an entire generation, and the original art for such a dramatic first appearance is just impossible to find."

For more information on the Hero Initiative and how to support the organization visit www.heroinitiative.org.

More information about comic & comic art auctions.

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Shoeless Joe Jackson, Muhammad Ali And Babe Ruth Lead $7.1+ Million Auction

"Shoeless Joe" Jackson's game-used bat from his 1911 rookie season brought cheers and applause from the assembled audience at the Fletcher-Sinclair Mansion in Manhattan on Saturday night, Feb. 22, as it realized $956,000 to set a Heritage house price record for Sports Collectibles.

Shoeless Joe Jackson's game-used bat

"There can be no argument that 'Shoeless Joe' is one of the most intriguing and compelling of all major league players, of any era," said Chris Ivy, Director of Sports Collectibles at Heritage Auctions, "and there can be no argument that this is the most significant piece of Jackson memorabilia and one of the hobby's great treasures."

The bat is a signature model Hillerich & Bradsby that leading expert John Taube confirms to be "the only Joe Jackson bat in existence that is factory documented as being game used by Jackson during his Major League career." While this distinction alone would be more than enough to justify the claim, the factory sidewriting assigns use to the greatest rookie season in the Major League record books, the only one in history to conclude north of the fabled .400 mark.

1964 Cassius Clay (Muhammad Ali) Fight Worn Gloves from First Liston Bout
The boxing gloves that Muhammad Ali (then known as Cassius Clay) wore as he faced Sonny Liston in the ring on Feb. 25, 1964, and subsequently won his first Heavyweight Championship, brought $836,500 in the auction, bringing another round of applause from the gallery.

"These are the very gloves that Ali wore when he claimed his first Heavyweight Championship 50 years ago," said Ivy. "Given the attention these received from media and fans all over the world, and the spectacular price they achieved, it's clear that Ali is just as loved and respected today as he's ever been."

1923 New York Yankees World Championship Watch Presented to Babe Ruth
The 1923 New York Yankees World Championship Watch presented to Babe Ruth, the most iconic American athlete of all, realized $717,000 in the auction as the centerpiece of the auction, after attracting massive worldwide media interest.

Also of significant interest was the barrel of the baseball bat thrown at Mike Piazza by Roger "The Rocket" Clemens on Oct. 22, 2000, which realized $47,800, almost five times its' $10,000+ pre-auction estimate.

"The Piazza-Clemens incident is one of the most infamous in modern baseball history and this bat shard was central to the entire episode," said Chris Ivy. "The Rocket lost his cool in the game and hurled this at Piazza in what is likely the most famous throw of his entire career."

The bat was consigned by Yankees strength and conditioning coach Jeff Mangold, who retrieved it from the corner of the clubhouse steps after it had been tossed by a bat boy. A significant portion of the proceeds will be donated by Mangold to a charity benefitting families that have survived the death of child due to SIDS.

More information about sports auctions.

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Instant Quiz

1. Which coin engraver once sold himself into indentured servitude?
       A) Christian Gobrecht
       B) John Reich
       C) Robert Scot
       D) Henry Voigt
       E) William Wyon

2. What is the only mintmark to be used for US mints in two different cities?
       A) C
       B) CC
       C) D
       D) O
       E) P

Last week's question:

1. Which of the following coins does not have the mintmark on the obverse?
Correct Answer: A) Indian head eagle (43%).

2. Which doubled die obverse variety is known as "Hot Lips"?
Correct Answer: A) 1888-O Morgan dollar (78%).

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Is it Time to Sell?
The numismatic market and prices are strong, and it's time for you to profit from that strength. Last year's Central States' auctions brought in $58 Million, the largest CSNS event ever. The Central States organization and Heritage have established an enduring tradition: attracting the best in numismatic properties for auction, assembling an enthusiastic audience, and then delivering superb prices realized. With your consignment, we will continue to make history in 2014.

It's easy for you to be part of making history at another exciting Central States. Call Heritage today to include your important rare coins and currency in this amazing event — the CSNS coin consignment deadline is March 10 and the currency deadline is March 3. Please call our Consignment Directors at 800-USCOINS (872-6467) ext. 1000 (Coins) or ext. 1001 (Currency) to begin your pursuit of top prices.

2014 April 23 - 27 CSNS US Coin Signature Auction - Schaumburg
Consignment Deadline: March 10, 2014

David Mayfield
Vice President, Numismatic Auctions
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 and Currency Auctions
February 27 - 28 & March 2 Mid-Winter ANA US Coins Signature Auction - Atlanta #1203
February 27 - 28 & March 2 Mid-Winter ANA US Coins Signature Auction - Atlanta #1203
View Lots
Sunday Internet Coin Auction
Sunday Coins
March 2
Tuesday Internet Coin Auction
Tuesday Coins
March 4
Weekly World Coin Auction
Tuesday Currency
March 4
Weekly World Coin Auction
Thursday World Coin
March 6
Monthly World and Ancient Coin Auction - Selections from the Eric P. Newman Collection
Monthly Selections from the
Eric P. Newman Collection

March 27
Signature Auctions
March 6 Park Cities Quail Benefit Auction March 6 Park Cities Quail Benefit Auction #566
View Lots
March 15 Texana Signature Auction - Dallas March 15 Texana Signature Auction - Dallas #6109
View Lots
March 18 Artists Against Alzheimer's Benefiting A.W.A.R.E. Charity Auction March 18 Artists Against Alzheimer's Benefiting A.W.A.R.E. Charity Auction #565
View Lots
March 21 - 22 Fine & Rare Wine Signature Auction - Beverly Hills March 21 - 22 Fine & Rare Wine Signature Auction - Beverly Hills #5183
View Lots
March 22 - 23 Vintage Movie Posters Signature Auction - Dallas March 22 - 23 Vintage Movie Posters Signature Auction - Dallas #7094
View Lots
Other Internet Auctions
Sunday Internet Movie Poster Auction
Sunday Movie Posters
March 2
Sunday Internet Comics Auction
Sunday Comics
March 2
Sunday Internet Movie Poster Auction
Sunday sports
March 2
Tuesday Internet Watch & Jewelry Auction
Tuesday Jewelry
March 4
Weekly Internet Rare Books and Autographs Auctions
Thursday Books
March 6
Weekly Internet Luxury Accessory Auction
Tuesday Luxury
March 4
Auction Schedule | Order a Catalog
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