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Press Release - October 24, 2013
Numismatic World Riveted By Eric P. Newman Part II, Nov. 15-16, At Heritage Auctions New York
"Newman Week" in NYC starts with lot viewing of the collection, Nov. 11-14, and the auction, Nov. 15-16; more than $15 million in numismatic rarities, many not seen for more than 70 years
NEW YORK — Heritage Auctions has designated the week of Nov. 11-16, 2013, as "Newman Week in New York City" to honor the legacy of esteemed numismatic researcher, author and collector Eric P. Newman, culminating on the days of Nov. 15 and 16, with the second eagerly anticipated offering of numismatic rarities from Newman's legendary collection.
The collection is led by the stunning 1796 B-2 quarter dollar MS67+, the finest certified 1796 quarter, dubbed by Heritage catalogers and widely acknowledged in numismatic circles as "the most beautiful American silver coin that exists today."
Most of these outstanding historic coins have been off the market for a half century or more.
The "Selections from The Eric P. Newman Collection Part II" auction will be conducted by Heritage, live and online, at the Fletcher-Sinclair Mansion (2 E. 79th Street, at 5th Avenue) in New York City, Nov. 15 and 16, 2013. Lot viewing of the collection will take place from Monday, Nov. 11 to Thursday, Nov. 14, at Heritage's 445 Park Avenue offices, on the 15th floor.
"Part I this past April brought more than $4 million in winning bids for 159 pattern coins from Newman's remarkable collection," said Jim Halperin, Co-Chairman of Heritage Auctions. "Part II this fall will feature more than 1,800 early American and 19th century U.S. coins with an estimated combined value of $15 million or more."
The auction will include a broad selection of U.S. quarters, half-dollars and silver dollars, as well as high-grade two-cent and three-cent pieces, nickels, half dimes, dimes and twenty-cent pieces.
"Many of these historic treasures have been in Newman's possession since he obtained them directly from the estate of another legendary collector, 'Colonel' E.H.R. Green, more than 70 years ago," said Halperin.
Newman, 102, is a retired St. Louis lawyer and business executive who is well-known in numismatics as a collector, researcher and award-winning author. He began collecting at the age of seven, and today is the only surviving person to ever own all five of the fabled 1913 Liberty Head nickels.
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.
A few top highlights of the collection include, but are certainly not limited to: