The World's #1 Numismatic Dealer
Heritage Central States Numismatic
Auction Total: $53.6 Million!
Collection, the finest collection of Territorial gold ever
offered by Heritage Auctions, more than lived up to expectation in
the company's Central States Numismatic
Society (CSNS) US Coin Signature Auction, April 23–27 in
Chicago, with the 63 coins in the collection bringing more than
$10.4 million to lead the $30+ million Platinum Night offerings on
Thursday, April 24, 2014.
The U.S. Coin auction at
CSNS realized more than $46.7 million overall, the all-time
highest-grossing non-FUN U.S. Coin auction. Adding the results from
Heritage's U.S. Currency offerings, at $4.1+ million, and the
company's World Currency offerings, at $2.7+ million, and Heritage
posted an astounding $53.6+ million week of coin and currency
auctions at Central States.
The Riverboat Collection, which headlined the Platinum Night
offerings, saw advanced collectors of Territorial gold coinage
passionately chasing the once-in-a-lifetime offers, including the
chance to acquire a newly discovered variety, the unique 1855 Wass,
Molitor & Co. twenty dollar gold piece, AU53 NGC, Large Head
Obverse, variety unlisted in Kagin, which led the collection
with a final price realized of $558,125.
"There were 62 Territorial gold pieces from the Riverboat
Collection that crossed the auction block," said Jim Halperin,
Co-Founder of Heritage, "and just over half of those, 32 pieces,
set new all-time auction records according to records published at
the PCGS Coin Facts website. The cumulative total of those 32 coins
was nearly double their previous records."
Also from The Riverboat Collection, an 1855 Kellogg & Co.
fifty dollar, PR64 Cameo PCGS, a direct link to the American
frontier and "the most beautiful of all Pioneer gold," brought
$763,750, while an 1849 Mormon ten dollar,
AU58 NGC, the earliest and rarest Mormon gold coinage known,
with fewer than a dozen pieces extant, snared national headlines
and international media interest when it realized $705,000. The
1849 Pacific Company Five
Dollar AU58 PCGS, offered a high-end collector the opportunity
to own an example of one of the rarest and most mysterious issues
in the Territorial gold series, for a price realized of $763,750,
matching the top price in the auction.
The top non-Riverboat Collection coins were rare early
double eagles from The Charles G. Wright Family Collection.
A stunning 1854-O $20 AU55
PCGS Secure, the Condition Census Example, and an 1865 $20 PR66 Ultra Cameo
NGC, the finest of seven known coins, both realized
The CICF auction presented the #1 NGC Morgan Dollar Registry Set,
the magnificent ML Moser Collection, in its own session on
April 24, just before Platinum Night. This collection featured a
true treasure in the 1893-S Morgan dollar, MS65
NGC, which realized $329,000, as well as a select uncirculated
example of an 1892-S Morgan, MS63
NGC, a true rarity at auction, which finished the auction at
A few of the many other highlights of this auction included:
Bidding is already open on the Selections from the Eric P.
Newman Collection IV Signature Auction, scheduled for May 16 -
17 in New York and over the Internet at HA.com/Coins.
- 1851 Baldwin Twenty
Dollar XF45 PCGS. K-5. Sold for $646,250.
- 1849 Mormon Twenty
Dollar MS62 NGC. K-4. Sold for $558,125.
- 1855 Wass Molitor
Fifty Dollar MS63 NGC. K-9. Sold for $411,250.
- 1852 Assay Office
Fifty Dollar, 900 Thous. MS64 PCGS Secure. CAC. K-14. Sold for
- 1862 $20 PR65 Cameo
NGC. Sold for $381,875.
- 1850 Baldwin Ten
Dollar MS61 PCGS. K-3. Sold for $381,875.
- 1851 Humbert Fifty
Dollar, Lettered Edge, 880 Thous. MS63 NGC. CAC. Sold for
- 1849 Oregon Exchange
Co. Ten Dollar AU55 PCGS. K-2. Sold for $340,750.
- 1851 Shultz &
Co. Five Dollar MS62 NGC. K-1. Sold for $340,750.
- 1850 Dubosq &
Co. Ten Dollar MS60 NGC. K-2. Sold for $329,000.
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Heritage Auctions Renews Dollars For
Dimes Campaign To Benefit The March Of Dimes
Auctions has renewed its pledge to donate $1 for every dime coin it
sells in 2014 to benefit the mission and vision of March of Dimes,
one of America's most beloved charities. Heritage's Dollars for Dimes
campaign raised more than $11,000 last year for the March of Dimes
Dallas Division and its fight against premature birth, birth
defects, and infant mortality.
"Few charities are nobler than the March of Dimes commitment to
stronger, healthier babies," said Erica Denton, Director of
Institutional Development and Charity Auctions at Heritage
Auctions. "Our Dollars for Dimes campaign ensures every new
treasure that finds a home will support this effort and Heritage is
committed to growing this program in the future."
In 2013, Heritage clients purchased 11,584 dimes through Heritage's
Signature and Internet coin auctions and the donation will be used
to fund important research, programs, and communication efforts for
the non-profit organization. Dollars for Dimes is one of several
charitable efforts underway at Heritage, the most recent of which
raised more than $137,000 for the John Wayne Cancer Foundation held
at an event in conjunction with the John Wayne Film Festival. Last
year, Heritage raised more than $500,000 for charities
The March of Dimes
Foundation is a United States nonprofit organization that works to
improve the health of mothers and babies. It was founded by
President Franklin D. Roosevelt in 1938 to combat
The foundation's annual fundraising event requested that every
child donate a dime. Originally known as the National Foundation
for Infantile Paralysis, the name "March of Dimes" was coined by
comedian Eddie Cantor, playing on the name of a popular newsreel
series of the 1930s, "The March of Time."
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Seldom Seen Selections: The finest silver
Continental Currency dollar
Heritage Auctions is privileged to offer, as a part of the May 16 - 17 Selections from
the Eric P. Newman Collection IV Signature Auction in New York,
a spectacular MS63 Continental Currency
dollar in silver. This is this coin’s first auction offering
since its appearance in lot 2132 of the George Earle Collection
(Henry Chapman, 6/1912), more than 100 years ago. Only two examples
of the Newman 3-D variety in silver are known, and this is the
finer by a wide margin. There are also two Newman 1-C dollars in
silver, bringing the total of silver Continental Currency dollars
extant to four: This coin is the finest silver Continental
Currency dollar and the most desirable of the Continental Currency
Eric P. Newman published The 1776 Continental Currency
Coinage in 1952, and the work remains the standard reference
for the series today. The Continental Currency dollars were struck
primarily in pewter, but a few examples are known in brass and
silver. Newman identified five obverse and four reverse dies, which
were combined to produce seven different die varieties for the
series, ranging from Newman 1-A to 5-D. On obverse 1, the word
currency is spelled CURENCY; on obverse 2, it is properly spelled
CURRENCY; on obverse 3, the spelling is as on obverse 2, with the
addition of EG FECIT (appearing only on this obverse); on obverse
4, the spelling is altered to CURRENCEY; and on obverse 5, the
spelling is corrected to CURRENCY by punching a Y over the excess
E, and adding a floriated cross to cover the extra Y. The reverses
are as follows: reverse A shows the linked chain made up of dotted
lines; on reverse B, the dots are partially cut into lines; the
rings have been completely reworked as lines on reverse C; and
reverse D has the same linked chain, but the names of the states
appearing within have been reordered geographically, with N.HAMPS
now to the left of MASSACHS.
Eric P. Newman, Don Taxay, Walter Breen, Philip
Mossman, and Michael Hodder spent many years researching the
Continental Currency coinage, mesmerized by its mysterious origins.
No authorization for the production of the Continental Currency
coinage has come to light, but it is probable that the coins were
intended to take the place of the dollar-denominated paper currency
issued by the Continental Congress in the latter part of 1776. The
four resolutions from May 10, 1775 to May 9, 1776 provided for the
issue of paper money in various denominations, including the one
dollar bill. The six resolutions of July 22, 1776 through September
26, 1778 omitted the one dollar denomination. Thus, it is logical
to conclude the pewter pieces were intended as a substitute for the
paper dollars in those issues. The coins had minimal intrinsic
value, and like the paper bills they replaced, were valued
according to the public's confidence in Congress, who guaranteed
their value at one dollar each.
The mintage figures are unknown, but the pewter coins appear with
enough frequency to suggest they were produced in substantial
numbers. Many of the coins were undoubtedly melted during this
period, because Benjamin Franklin observed that pewter was sorely
needed for the canteens used by soldiers in the Continental Army.
The most reasonable explanation for the brass examples is that they
represent dies trials. The silver coins are of full weight and
value, suggesting that a precious-metal coinage was contemplated,
but the Continental Congress was chronically short of funds and had
no reliable supply of silver, so this idea must have been abandoned
The different varieties in pewter have been avidly collected since
the earliest days of the hobby in this country; the brass and
silver coins have always been extremely rare. Sylvester Sage Crosby
was aware of pewter examples of the Newman 3-D variety, but the
silver coins were discovered only after he wrote The Early Coins
of America in 1875. Today, we know of two examples, including
the present coin. Crosby recorded a silver example of the Newman
1-C (Parmelee Collection) and a Newman 1-B in brass (Brevoort
Collection). Current census data shows the following examples:
Newman 1-C, two in silver; Newman 1-A, two in brass; and Newman 1-B
in brass, six to eight.
The present coin
is the discovery example of the Newman 3-D in silver, which first
came to the attention of U.S. collectors through a query in the
January 1887 edition of the American Journal of
The 1776 Continental Currency dollars are among the most important
and historically interesting issues in all of American numismatics.
They have a distinctively American character, as our first dollar
coin, although not denominated as such. They were struck at a
crucial time in our nation's history. The young country badly
needed a medium of exchange to continue to finance the American
Revolution, and to promote confidence in the paper currency as
well. The silver pieces are among the rarest and most valuable
coins in the American Colonial series.
This coin is the
finest-known silver example, with no serious challenger. The design
elements are well-centered and sharply rendered, with some doubling
evident on the date and some letters in the obverse legend. EG
FECIT is bold, although the EG is not as well-formed as the other
letters. Both sides are blanketed in pleasing shades of silver-gray
toning, with attractive highlights of lavender and champagne-gold.
Original mint luster is evident beneath the toning. There are no
signs of planchet adjustment marks and only minor contact marks are
evident. A small depression in the obverse field, to the left of
the sundial, is most likely an imperfection in the planchet. A few
minor die breaks are evident on the reverse, the most prominent
traveling through the N.HAMPS and MASSACHS rings. Eye appeal is
The combination of this coin's importance in American history, its
stunning appearance, and the highest available technical grade
makes this offering a once-in-a lifetime opportunity.
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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The ten most valuable Territorial gold coins
to sell in Heritage auctions:
- 1852 Humbert Ten Dollar MS68
NGC. CAC. K-10. Realized $1,057,500.
- 1852 Moffat & Co. Wide Date
Ten Dollar SP63 PCGS. CAC. K-9. Realized $940,000.
- 1849 Pacific Company Five Dollar
AU58 PCGS. K-1. Realized $763,750.
- 1855 Kellogg & Co. Fifty
Dollar PR64 Cameo PCGS. K-4. Realized $763,750.
- 1855 Kellogg & Co. Fifty
Dollar PR64 PCGS. K-4. Realized $747,500.
- 1849 Mormon Ten Dollar AU58 NGC.
K-3. Realized $705,000.
- 1860 Clark, Gruber & Co.
Twenty Dollar MS64 NGC. Kagin-4. Realized $690,000.
- 1851 Baldwin Twenty Dollar XF45
PCGS. K-5. Realized $646,250.
- 1855 Wass Molitor Twenty Dollar,
Large Head AU53 NGC. Variety unlisted in Kagin. Realized
- 1849 Mormon Twenty Dollar MS62
NGC. K-4. Realized $558,125.
Six of these coins were from the Riverboat collection, sold last
week at CSNS!
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
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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
- Asian Art Specialist
- Coin Buyer
- Modern & Contemporary Art Specialist: (New
- 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
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
- Client Services Representative
- Decorative Arts Cataloger
- e-Publishing Expert
- Fine Jewelry Cataloger
- Operations Assistant
- Production Artist
- Web Content Specialist (part-time)
- U.S. Coin Cataloger Needed
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Native Gold, Stunning Dioptase and
"The Lightning Bolt," a
simply spectacular specimen of Native Gold from Mt. Monger Station
in Western Australia — measuring more than nine inches top to
bottom and more than an inch across — that takes its name from its
stunning natural formation, is expected to bring more than $150,000
in Heritage Auctions' May 4 Nature & Science
Signature Auction in Dallas. This Fine Mineral auction is the
third in a series featuring the Hoppel Collection
— the finest mineral collection ever brought to auction.
In perfect complement to "The Lightning Bolt" is a beautiful and
equally splendid piece of American Native Gold from
the Diltz Mine, Whitlock District in Mariposa County,
California (Estimate: $150,000+), that originates from the
collection of Harvard University. The magnificent "leaf" gold
piece, delicately perched on a white matrix, is more than four
inches high and more than two-and-a-half inches wide.
"You can't ask for better specimens than these two," said Jim
Walker, Director of Nature & Science Auctions at Heritage. "The
material, value and the amazing intrinsic natural beauty in their
organic design all combine to create simply sublime art. That's all
there is to it."
As a side note: This probably came to Harvard during the mine's
active period. This is the same Diltz Mine that yielded 21,135
ounces of Gold between 1924 and 1954. Estimated total spot value at
the time was between $750,000 and $1,000,000. For comparison, the
same amount at today's prices would be worth around $29 million at
Competing for the top lot honors in the auction are two absolutely
stunning mineral specimens that are already creating buzz within
the collecting community: a dramatic, huge Dioptase
from the Tsumeb Mine in the Otjikoto Region of Namibia
(Estimate: $150,000+) measuring more than eight inches tall and six
inches wide and an impressive and large
Manganite from Ilfeld, Nordhausen, Harz, Thuringia, Germany
"There is no one on this planet who doesn't instantly love
Dioptase," said Walker. "Something magical takes place when you see
this stunning Copper mineral — especially for the first time. As
for this superb Manganite, this one is arguably in the top five of
all specimens from the various Manganite groups known. In general
Manganite as a desirable mineral was rescued from obscurity by the
brilliant, midnight-black crystal groups found in this part of the
Harz Mountains where this dark treasure originated."
A brilliant iridescent
lime-green gem Peridot, from Mogok, Myanmar (Burma), checking
in at 40.4 carats (estimate: $40,000+) is a truly superlative
example of the type, while a rare gem Rhodochrosite
from the Sweet Home Mine, Mount Bross, Alma District, Park Co.,
Colorado (Estimate: $18,000+), at 21.93 carats, is a rare
faceted gem from a mineral that is usually offered in its naturally
View the printed catalog on line! To see the e-catalog, please go
to Hoppel 3 Auction Catalog
More information about Nature
& Science auctions.
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Gil Elvgren's Thinking Of You, One Of The Artist's Greatest
Pin-Ups, Takes Center-Stage
One of Gil Elvgren's
greatest pin-up paintings, Thinking of You (Retirement Plan),
Brown & Bigelow calendar illustration, 1962, which
graced the cover of Gil Elvgren, The Complete Pin-Ups by
Charles Martignette — and comes from his vaunted collection — is
expected to bring well in excess of $100,000 when it crosses the
block as part of Heritage's May 7 Illustration Art Signature
"This is one of the masterwork's from The Martignette Estate
that we've been holding onto," said Todd Hignite, Vice President of
Heritage Auctions. "It's iconic, it's gorgeous, it's Elvgren in
absolutely peak form. This painting has everything that a collector
could want and we expect a final price realized in concordance with
The painting anchors a grouping of 10 original Elvgren works that
is itself the centerpiece of a very deep lineup of pin-up art from
a wide selection of masters of the form, including Rolf Armstrong's pastel
Patriotic Jewel Flowers, Brown & Bigelow calendar
illustration, circa 1940s, a masterpiece of light, shade and
reflection from one of the best to ever pick up a brush.
Also of special note are four paintings by definitive 1980s
Playboy artist Patrick Nagel, prices for whom have been well
on the rise in recent years. The quartet includes Untitled (Her
Look), 1983, an alluring canvas featuring all the hallmarks
that draw collectors to Nagel.
"Not only are these all excellent examples," said Hignite, "they
all come from a single owner and have never been offered before on
the open market."
The auction showcases the strongest selection of paperback book
cover art and men's adventure magazine art that Heritage has
offered in quite some time, along with an array of pulp magazine
cover art, led by one of the absolute best H.J. Ward Spicy
covers ever offered, or seen: Hugh Joseph Ward's Doll
of Death, Spicy Mystery pulp cover, August 1938.
The huge selection of men's adventure magazine cover art is led by
prime examples like Will Hulsey's Lizards
From Hell, True Men Stories pulp magazine cover, February
1957, a terrific example of 1950s action illustration, and
Norm Eastman's I Fought
Hitler's Special Maiden-Torturing Kommandos, World of Men magazine
cover, April 1966, a classic 1960s painting featuring all
the elements embodied by the best art of its kind.
There is one important change in the Illustration Art auction to
make note of: in recent auctions, Heritage has been splitting its
catalogs between "Pulp & Pin-Up Art" and "Golden Age &
Classic Art." For the current auction, Heritage has separated a substantial
group of the best "Golden Age" paintings by the likes of Norman
Rockwell, J.C. Leyendecker, Dean
Cornwell, Jessie Willcox Smith, Harvey Dunn and their peers into a
section in its upcoming American Art auction,
taking place on May 10 in Dallas.
"The selection in the auction is truly one of the finest groups of
classic illustration Heritage has ever assembled," said
We look forward to seeing many of you in Beverly Hills for the lots
to follow on May 7, and in Dallas for the Golden Age portion on May
10—and as always detailed scans of all lots can be viewed online at
More information about
Illustration Art auctions.
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Heritage is dedicated to selling your rare
coins and currency for top dollar in the marketplace, providing you
with the right auction at the right venue. Your coins can sell
alongside thousands of rarities. In recent auctions, Heritage has
achieved extraordinary prices realized. Our world-class marketing
is second to none. Our more than 850,000 online bidder-members
ensure a wide reaching audience for your coins.
We invite your consignment to the Official Summer FUN 2014 Auction.
Call one of our Consignment Directors today!
July 10 - 13 Summer FUN US Coins Signature Auction -Orlando
Consignment Deadline: May 27, 2014
What's My Coin Worth?
Consign to a Heritage Auction
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