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In This Issue:
Atlanta ANA Auction Totals Nearly $15 Million
Seldom Seen Selections: Templeton Reid quarter eagle
Website Tips: Outbid Notices via Text Message
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 8, 2014
Newsletter Archive
Last Issue
Atlanta ANA Auction Totals Nearly $15 Million
1826 $5 MS65 NGC
1826 $5 MS65 NGC
Four rare gold coins led the way as the February 27 - 28 & March 2 US Coins Signature Auction, held as the official auction of the ANA National Money Show in Atlanta, realized nearly $15 million overall. All prices include a 17.5 Buyer's Premium.

Half eagles of the 1820s are notoriously rare due to extensive melting, and they realize high prices in any grade. An NGC-certified Gem example, likely the second or third finest known, found a new home for $235,000. This coin was consigned to us from the collection of Donald E. Bently, sold for the benefit of the Bently Foundation.

1845 $2 1/2 PR67 Ultra Cameo NGC
1845 $2 1/2 PR67 Ultra Cameo NGC
A magnificently preserved 1845 quarter eagle, certified Proof-67 Ultra Cameo by NGC, sold for $223,250. Pedigreed to the Trompeter collection, this early gold proof is the finest of only three examples confirmed to exist.

1875 $10 AU50 PCGS
1875 $10 AU50 PCGS
The 1875 eagle is an ultra-low mintage coin, with only 100 business strikes produced and no examples known in mint state grades. An example from Christopher Bently's Nob Hill Collection, graded AU50 by PCGS, hammered for $211,500 including the buyer's premium. This coin stands as the fourth finest example of 15 we were able to trace.

Like the 1826 half eagle, the 1920-S eagle is a significant melt rarity, in this case despite a relatively generous mintage. However, the 1920-S eagle is also a condition rarity, the toughest coin in the popular Indian Head eagle series, with most examples being in the AU55-MS63 range. The Fidelis Collection contributed an MS65 example, graded by NGC, to this auction. Surpassed in numerical grade by only three other examples, this coin sold for $199,750.

Additional highlights included but were not limited to:

1920-S $10 MS65 NGC 1920-S $10 MS65 NGC
1909-S VDB 1C MS67 Red PCGS Secure 1909-S VDB 1C MS67 Red PCGS Secure
Bidding is already open on two new US coin auctions. The auction of The Collection of Donald E. Bently, sold for the benefit of the Bently Foundation, is scheduled for March 20 in San Francisco, with an additional Signature auction to be held in San Francisco on March 21, with an Internet only session scheduled for March 23. As always, you can bid on these auctions in person or through the Internet at HA.com/Coins.

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Seldom Seen Selections: Templeton Reid quarter eagle
1830 Templeton Reid Quarter Eagle AU55 PCGS
1830 Templeton Reid Quarter Eagle AU55 PCGS
Templeton Reid (ca. 1787-1851) was the first issuer of private gold coinage in the United States, striking quarter eagles, half eagles, and eagles in Hall County, North Georgia in 1830. Although the Templeton Reid coinage is classified as "Territorial" gold, Georgia was long since a state by the time Reid struck his gold coins.

Templeton Reid struck coins out of freshly mined Georgia gold for a short period of time — no more than a few months — in 1830, first in Milledgeville, then in Gainesville, Georgia, closer to the gold fields. Of the three denominations, the quarter eagles are the most available, while still very rare. Given the great rarity of the Reid coinage overall, many numismatists may be only vaguely aware of his name and the importance of his numismatic output. Don Kagin writes in his reference on private gold that "Reid's novel concept of privately coining money from gold dust opened the door through which more than forty different individuals and companies eventually followed, attempting to provide their communities with a viable alternative to the inadequate Federal currency."

Reid's coinage output was limited by his own capabilities, by doubts concerning legal interpretations of whether his new private coinage enterprise was even lawful, and by detractors in the local newspapers of the day. Estimates of his total mintage vary widely and are uncertain. What is certain is the rarity of all the remaining Templeton Reid coinage.

PCGS and NGC between them have certified 14 submissions of the quarter eagle in all grades (12 at PCGS, two at NGC); four of the half eagle (three at PCGS, one at NGC); and two of the eagle (one at each service), counting likely resubmissions.

The Choice AU PCGS-graded piece we are presenting as a part of the Collection of Donald E. Bently, sold for the benefit of the Bently Foundation, is exceeded in grade by two coins at PCGS, one each in AU58 and MS60. This coin is likely third-finest known, or in the mid-Condition Census for the issue, and it is a piece of remarkable beauty and quality.

The surfaces are reddish-orange on each side and free of contact marks of any consequence; even small surface ticks are minimal. The strike is not perfectly centered on the planchet, but neither is it too far off. A few of the peripheral letters on the obverse, the first two in T. REID and the first three in ASSAYER, are a bit softly struck, as are the IA in GEORGIA. All of these are nonetheless minor quibbles on a coin that is one of the finest Templeton Reid coins to appear on the market in many a year.

Even though Templeton Reid's operations in Georgia only lasted a few months at most, Reid appears to have been the eternal optimist. He clearly planned to strike California gold coins as well, given the existing evidence in the form of two 1849-dated patterns (likely struck in Georgia) bearing the legend CALIFORNIA GOLD. The ten dollar 1849 pattern is unique, and its present whereabouts are unknown to us; the twenty-five dollar 1849-dated pattern, also unique, was stolen from the Smithsonian Institution in 1858 and never recovered.

The larger-denomination Templeton Reid coins are so elusive as to be essentially uncollectible, so advanced numismatists should view this offering as one that may not repeat for many years.

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Website Tips: Outbid Notices via Text Message  
Heritage can now notify you immediately by text message when you are outbid on any auction lot. To use this new service, just go to MyProfile and enter your mobile phone number. We will send you a confirmation text message. To activate this service, just reply to the confirmation message with 'yes'.

Heritage doesn't charge for this service, but standard text messaging rates may apply from your carrier. Text messages will not be sent between the hours of 10:30 PM CT and 8:00 AM CT, and any messages queued up during that timeframe will be sent at 8:00 AM the next morning.

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This Week's Top Ten
The ten African countries or territories offered most often in Heritage coin auctions:
South Africa: Republic Proof Penny 1892, KM2, Hern-Z1 (est. 20 struck), PR65 RB NGC
South Africa: Republic Proof Penny 1892, KM2, Hern-Z1 (est. 20 struck), PR65 RB NGC


  1. South Africa
  2. Egypt
  3. German East Africa
  4. Ethiopia
  5. Rhodesia
  6. Liberia
  7. Tunisia
  8. British West Africa
  9. Morocco
  10. Sierra Leone
This list does not include ancient coins minted in Africa.

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

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Announcements
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
  • Coin Buyer
  • Modern & Contemporary Art Specialist: (New York)
  • World Coins Director: Hong Kong


If you are interested and feel you have the qualifications we seek, please email your resume and salary history to 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
  • Fine Jewelry Cataloger
  • Interns
  • Jr. Photographer
  • Maintenance Assistant
  • Operations Assistant
  • 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
Royal Oaks Country Club Estate To Be Auctioned

Heritage Auctions Luxury Real Estate is proud to announce an upcoming auction on April 8th in Houston, Texas.

Located on the Fred Couples designed signature Golf Course in Royal Oaks Country Club, this stylish, two-story custom home sits at the end of a gated cul-de-sac on the highest point within the community. Featuring 5 bedrooms, 5 bathrooms, panoramic views from nearly every room, gourmet chef's kitchen, formal dining room with butler's pantry, executive study, media/gameroom, and great indoor and outdoor living spaces, the home was built with family and entertaining in mind.

For more information, please visit HA.com/RoyalOaks or call 855-261-0573.

Royal Oaks Country Club Estate


More information about Real Estate auctions.

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Instant Quiz
Trivia

1. When did the words "Half Dollar" first appear on the reverse of the 50 cent piece?
       A) 1794
       B) 1836
       C) 1838
       D) 1840
       E) 1892


2. What was the first year of the Platinum American Eagle?
       A) 1986
       B) 1989
       C) 1992
       D) 1997
       E) 2007



Last week's question:

1. Which coin engraver once sold himself into indentured servitude?
Correct Answer: B) John Reich (26%).

2. What is the only mintmark to be used for US mints in two different cities?
Correct Answer: C) D (70%).


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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
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 and Currency Auctions
March 20 The Collection of Donald E. Bently - Bently Foundation US Coins Signature Auction - San Francisco #1205
March 20 The Collection of Donald E. Bently - Bently Foundation US Coins Signature Auction - San Francisco #1205
View Lots
March 21 & 23 US Coins Signature Auction - San Francisco #1198
March 21 & 23 US Coins Signature Auction -
San Francisco #1198

View Lots
Sunday Internet Coin Auction
Sunday Coins
March 9
Tuesday Internet Coin Auction
Tuesday Coins
March 11
Weekly World Coin Auction
Tuesday Currency
March 11
Weekly World Coin Auction
Thursday World Coin
March 13
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 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
March 27 Lomasney Movie Art Posters Benefiting Lifebeat Monthly Charity Auction March 27 Lomasney Movie Art Posters Benefiting Lifebeat Monthly Charity Auction #181412
View Lots
   
Other Internet Auctions
Sunday Internet Movie Poster Auction
Sunday Movie Posters
March 9
Sunday Internet Comics Auction
Sunday Comics
March 9
Sunday Internet Movie Poster Auction
Sunday sports
March 9
Tuesday Internet Watch & Jewelry Auction
Tuesday Jewelry
March 11
Weekly Internet Luxury Accessory Auction
Tuesday Luxury
March 11
Weekly Internet Rare Books and Autographs Auctions
Thursday Books
March 13
Monthly Internet Wine Auction
Monthly Wine
March 13
 
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