Press Release - March 1, 2005

Heritage Long Beach Bullet Auction Results!

Dallas, Texas: Heritage Numismatic Auctions, Inc. (HNAI) Long Beach Bullet Auction (sale #367), which closed Monday night, February 28, 2005, turned in total sell-through of $1,050,828.50. With 1,193 bidders competing for 3,219 lots, 617 were successful. 2,867 lots found new owners, for 89.06% of the total.

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. HeritageCoin 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 February 28 Bullet Auction:

1863 $20 AU50 Details, Improperly Cleaned, NCS. Boldly struck and satiny, with attractive pink and green toning, a few moderate abrasions, and no clear cut evidence of improper cleaning. From The Richard J. Chouinard Collection of United States Coins.(#8939) (Registry values: N1793) REALIZED: $7,475.

1860-S $2 1/2 MS61 PCGS. A conditionally rare S-mint Quarter Eagle, of which only 35,600 pieces were struck, and an issue that is exceptionally rare any finer than XF. At the MS61 level, this piece is solidly within the condition census. This is a solid Uncirculated coin that has excellent luster characteristics and is well struck except on the eagle's left leg, as always. Remarkably clean overall for an MS61 coin. Population: 3 in 61, 4 finer (1/05). From The Richard J. Chouinard Collection of United States Coins.(#7793) (Registry values: P2) REALIZED: $4,887.50.

1890-CC $5 MS63 NGC. Softly struck over the centers, with bright luster and very few small marks, on either side, for a coin graded at MS63. A conditionally scarce low mintage date which becomes extremely challenging at higher grade levels. Population: 33 in 63, 23 finer (2/05).(#8376) (Registry values: P2) REALIZED: $4,600.

1853 $20 MS60 Details, Improperly Cleaned, NCS. Well struck with a lovely matte-like appearance in the fields, light coloration, a few small, scattered abrasions, and a couple of noticeable scratches on Liberty's cheek. From The Richard J. Chouinard Collection of United States Coins.(#8908) (Registry values: N2998) REALIZED: $3,450.

1891-S $20 MS63 PCGS. Sharply struck and relatively mildly bagmarked, considering the assigned grade. Very scarce any finer. Population: 411 in 63, 34 finer (1/05).(#9018) (Registry values: N2998) REALIZED: $3,000.35.

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 HeritageCoin members at: http://apps.heritagecoin.com/common/auction/pricesrealized.php (membership is totally free).

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