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Press Release - April 1, 2005
Bullet Results Raise Total Heritage Palm Beach Auction Sell-Through To Well Above $7 Million!
Dallas, Texas: Heritage Numismatic Auctions, Inc. (HNAI) Palm Beach Bullet Auction (sale #369), which closed Monday night, March 28, 2005, turned in total sell-through of $582,798.75. With 1,088 bidders competing for 1,637 lots, 437 were successful. 1,461 lots found new owners, for 89.24% of the total.
"With these results added to the prices realized for our Palm Beach Signature Auction, our new sell-through total is $7,177,355.10," said Jim Halperin, Co-Chairman of HNAI.
Heritage's Bullet auctions are posted at Heritage's award-winning website and are also displayed in person at the coin convention with which they are associated. Every single-coin lot includes full color enlargeable images of the obverse and reverse, latest population and third-party pricing data, and comparable auction records to help bidders determine their bids with confidence. HeritageCoins.com members who sign up with My WantList online are automatically notified whenever specific coins they need are posted for bidding.
Here are just a few of the highlights sold in the March 28 Bullet Auction:
1806 1/2 C Small 6, Stems XF45 NGC. B-1, C-2, R.4. Even chocolate brown patina covers each side. Lightly abraded with a small planchet flake out of the field in front of Liberty's mouth. A bit softly struck on the leaves but relatively well defined on Liberty's hair curls (for the grade).(#1096) (Registry values: P4) REALIZED: $2,990.
1910-D $20 MS65 PCGS. A splendid peach-gold Gem, the eye appeal challenges a higher grade since the obverse is unmarked, as is the reverse field. Only a concealed blemish on the upper back wing prevents classification as an MS66. A formidable addition to an advanced specialized holding.(#9155) (Registry values: N2998) REALIZED: $2,760.
1652 SHILNG Pine Tree Shilling, Large Planchet, XF Details, Scratched, NCS. Noe-11, Crosby 2a-A1, R.4. 65.6 grains. This Large Planchet piece is the well-known "Bushy Tree" variety. It shows a nearly globular, close-branched pine tree in a heavily dotted circle with the blundered spelling MASATVSETS. On the reverse, all the Ns are reversed. The striking details are typically irregular throughout. Slightly off-center on the obverse. Richly toned in gray and sea-green colors. Both sides have numerous wispy pinscratches. Listed on page 24 of the 2005 Guide Book.(#23) REALIZED: $2,535.75.
1924-S 1C MS64 Red NGC. Well struck with lovely tan-red coloration, some light purple-pink highlights on the obverse, and unblemished surfaces that display just one small carbon spot, on the obverse, directly below the B in LIBERTY. Population: 17 in 64, 1 finer (2/05).(#2557) (Registry values: N1793) REALIZED: $2,530.
1907 $20 Arabic Numerals MS65 PCGS. An exceptionally preserved Gem, the sweeping luster and rich apricot color only contribute further to the eye appeal. Not fully struck on the highpoints, as is characteristic of the No Motto type.(#9141) (Registry values: N2998) REALIZED: $2,530.
The complete prices realized, along with full-color images of every coin in this sale, and all other Heritage auctions, are available at no charge to HeritageCoins.com members at: http://apps.heritagecoin.com/common/auction/pricesrealized.php (membership is totally free).