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  This Week In Coin News

  Collector News

Major rarities highlight our second CSNS Currency Platinum Night

Fr. 379c $1000 1891 Treasury Note PCGS Extremely Fine 45PPQ A Fr. 379c Series 1891 $1000 Treasury Note and a Fr. 1166c Series 1863 $100 Gold Certificate — the only notes of their kind in private hands known to exist — are in contention to take top lot honors during Heritage Auctions' second Platinum Night Currency auction, held in conjunction with the Central States Numismatic Society Convention, April 24-28 in Schaumburg, Ill.

"Both of these notes were sold privately by Heritage for $2.25 million each in 2006," said Dustin Johnston, Director of Currency Auctions at Heritage. "These are rarities not only for their respective issue, but also for their type, as no other examples of these two types are available to collectors."

More than 3,500 lots — from Colonial Currency to Nationals and Type Notes — will cross the block with high value Large Size and Small Size type notes featured in the April 26 Platinum Night Session. A major addition to the auction includes the Series 1891 $1000 Treasury Note, the only example known to exist outside the Smithsonian Institution.

Another anticipated record-setting highlight is the Fr. 379a $1,000 1890 "Watermelon" Treasury Note PCGS Apparent Extremely Fine 45. It features intricate "Green Back" designs resulting in one of the most iconic designs on U. S. currency. Its ornate design resembles the rind of a watermelon, earning it its nickname.

San Francisco, CA - $50 Original National Gold Bank Note Fr. 1160 The First National Gold Bank Ch. # 1741 The finest known San Francisco $50 Original National Gold Bank Note, a Fr. 1160 The First National Gold Bank Ch. # 1741 from San Francisco, is one of the irreplaceable highlights of the Greensboro Collection. Just five examples of this San Francisco $50 National Gold Bank Note are listed in the Kelly and Gengerke censuses, along with the unique 1875 example which is in the ANA museum. This note traces its pedigree back to the holdings of the late Fort Worth publishing magnate Amon Carter, Jr.

A number of Federal Reserve notes offered in the auction represent the top specimens available, including a rare Fr. 2220-A $5000 1928 Federal Reserve Note graded PCGS About New 58PPQ, a lushly decorated, well-centered example with colors as bright as the day the note left the press nearly 80 years ago.

Fr. 114 $10 1901 Serial Number 1 Legal Tender PCGS Very Fine 30PPQ Two Federal Reserve notes sporting rare serial number 1 — a Series 1901 $10 "Bison" Legal Tender and a Series 1899 $5 "Chief" Silver Certificate represent the pinnacle of rare currency notes. The Bison note is from the top position of a four-note sheet with the Lyons-Roberts signature combination -only two of the other notes from that sheet have ever been reported to exist. The K1 Chief note is the only one available to collectors, although three are known to exist.

A number of other Small Size rarities will be offered, including the Fr. 2308* $10 1934 North Africa Star Silver Certificate in PCGS Very Fine 25PPQ, a stunning Fr. 2221-E $5,000 1934 in PMG Choice Uncirculated 64, and a Fr. 2231-B $10,000 Federal Reserve Note in PCGS About New 55 that was previously part of the Binion Hoard.

In addition to the $50 National Gold Bank Note, the April 25 evening session includes a Colorado Territory First Charter $20. Graded Extremely Fine 45 by PCGS, the note is considered an uncommonly high grade for a Territorial example.

This auction is open for bidding now at www.HA.com/currency.

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A World of Money: The Dobrao Series

Joao V gold 20000 Reis 1724-M
Joao V gold 20000 Reis 1724-M
With the Portuguese Crown taxing Brazilian gold at 20%, there were sharp arguments over where the riches coming from the New World were being invested by the King. A devout Catholic, and extremely concerned about personal prestige, Joao V made voluminous donations to the Vatican including direct gifts to priests, bishops, cardinals and the Pope. Of course the church was prompt to bestow him with all kinds of titles, including Rex Fidelissimus ("Most Faithful Majesty") in 1748.

The King ordered the minting of The Dobrao of Five Moedas with a denomination of 20,000 Reis, explicitly to show the world the riches of the Portuguese Crown. The largest gold coin in circulation at over 53 grams even surpassed the scarce multiple thalers of German and Austrian States. Struck at the mint of Vila Rica in the state of Minas Gerais, the Dobrao became in many ways a "global" coin as it circulated freely through the ports of the world.

The RLM collection, offered in our April 18-19 & 22-23 CICF World & Ancient Coins Signature Auction includes 17 of the 20 coins in the Dobrao series, which is quite a remarkable feat. One can buy the first 6 coins (10,000 and 20,000 Reis of 1725/1726/1727) with certain ease but after the 7th piece, the 20,000 Reis of 1724, the job of putting together a set of the series becomes much harder.

The 1,000 Reis of 1724 deserves special mention as the key date in the series. The RLM Collection contains two examples, lots 23248 and 23249, each graded AU58 by NGC; incredibly, there is also a Mint State details example in this auction. The half dobrao of 1724 is every bit as iconic, and the RLM collection's example in AU55 is sure to please the specialist who buys it.

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Seldom Seen Selections: The Fourth Double Eagle Struck in Denver

1906-D $20 Special Strike SP66 PCGS. CAC. Fourth 1906-D Double Eagle Struck in Denver
1906-D $20 Special Strike SP66 PCGS. CAC. Fourth 1906-D Double Eagle Struck in Denver
Our current 2013 April 24 - 28 CSNS US Coin Signature Auction features among its many highlights a branch mint proof 1906-D Liberty Head double eagle certified SP66 by PCGS. This special coin is the fourth example of six pieces struck to mark the official opening of the Denver Mint on April 2, 1906. It was presented to Colorado early pioneer Isaac Gotthelf (1844-1910) in April 1906 a few days after its striking; documentation attesting to the coin's creation and presentation are included with the lot.

This is a coin of immense historical importance, as well as an aesthetically beautiful example of the early-20th century proof Liberty Head gold coinage. And seldom does a coin of such vintage appear with original documentation that places its creation exactly as to time and circumstances as well as place, despite the fact that this marvelous coin is now 107 years old.

Generous, gleaming luster flows from both sides of this orange-gold specimen, a coin that was obviously struck with great care and well preserved by generations of collectors. There is just the slightest hint of contrast between the lightly frosted devices and the fully reflective fields. For pedigree purposes we note a tiny tick in the right obverse field, directly downward from Liberty's hairbun. A small indent appears at the extreme reverse, at the edge of a denticle between DO(LLARS). The strike is razor-sharp throughout. Overall, this is a coin of immense quality and incredible historic importance.

The Denver Mint was formally opened in 1906, but its history dates back much further to the late 1850s-1860s, when gold was discovered in Colorado along the Platte River as early as 1852. The Denver Mint's forebears were the Territorial assayers and coiners Clark, Gruber and Co. Brothers Austin Clark and Milton Clark went from equipping gold miners and assaying gold dust to making "Pike's Peak Gold" in Denver, Colorado Territory, 1860, in partnership with Emanuel Gruber.

Clark, Gruber were well-respected coiners of the era, making gold coins from their facilities at 16th and Market streets that were actually a tad overweight compared to the Federal standard, a refreshing change from some of the debacles of the California Gold Rush coiners. Their 1860-dated quarter eagles and half eagles imitated the Federal style, while their ten and twenty dollar pieces of that year had the fantastic "volcano" motif intended to represent Pike's Peak. By 1861 all of the four gold denominations resembled the Federal coinage. In 1862 the United States actually purchased the property of Clark, Gruber, proposing a new branch mint for gold coinage. However, to the chagrin of the local populace, the United States Mint at Denver opened in September 1863 -- as an assaying operation only.

The Denver Mint thus existed for some four decades before it ever made its first Federal coins. The generally accepted reasons were the existence of the San Francisco Mint, opened in 1854, and the Carson City Mint, which struck coins from 1870 to 1893; the two together were believed sufficient for the coinage needs of the far West. A new Denver Mint facility was begun on West Colfax Street in 1897, and the assaying operations were transferred there in 1904. Herman Silver was listed variously in records as Mint director, assayer, and superintendent.

Isaac Gotthelf, who was presented with this coin, emigrated from Germany and arrived in Colorado in 1866, forming the town of Saguache and being elected to the Colorado Legislature in 1876, the year that the Colorado Territory achieved statehood. Gotthelf was reelected in 1878. He married Florence M. Lot in 1879, niece of Denver Mint superintendent Herman Silver. Gotthelf made his fortune as a merchant and cattle rancher, and was the founder and president of the Saguache National Bank. He was a member of the firm of Gotthelf and (Charles) Tarbell. The Tarbell, Gotthelf, and Moffat families were all interconnected throughout the commerce of Denver in the banking, legal, real estate, and railroad industries of the day.

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Website Tips: Hide Unwanted Bids

We talk to bidders in our auctions all the time, and we've found that most fit into one (or more) of the following categories:

  1. The Serious Bidder. Does his homework and enters bids on everything he wants as soon as he knows what he wants to bid.
  2. The Treasure Hunter. Bids on many items low - just in case he wins.
  3. The Watcher. Places tiny bids on items he's interested in with the idea of coming back later and entering a competitive bid.
  4. The Sniper. First cousin to the watcher, he comes back in the last ten minutes of the auction and places his bids.
  5. The Casual Bidder. Possibly a novice to the site, he might find a coin he wants and enter a bid or two.
  6. The Tester. Places a $1 bid on a $1000 item to see how the bidding process works. We actually encourage this; just be sure that if you win you are willing to pay what you bid for the item.

No matter which of the above you fit - even if it's all of the above - some of you may find at some point that you no longer have any interest in some of the coins you have bid on, Based on suggestions from a number of website users, we are providing a way for you as a bidder to follow only the bids you are actually interested in.

To hide a bid listed on your MyBids page, select it by checking the checkbox to the left of the listing. Above the listing, there is a button "Hide Selected". Click this button and it will hide all bids you have checked.

You can see how many bids you have hidden on the "Show All" button. Click this button in order to see all of your bids.

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This Week's Top Ten

The ten highest valued British coins to sell in Heritage auctions:

Charles I Gold Triple Unite 1643, Oxford Mint, Fr-258, S-2725A, MS63 NGC
Charles I Gold Triple Unite 1643, Oxford Mint, Fr-258, S-2725A, MS63 NGC
  1. Charles I Gold Triple Unite 1643, Oxford Mint, Fr-258, S-2725A, MS63 NGC. Realized $431,250
  2. Victoria gold pattern Crown ND (1887), ESC-342A, PR64 Ultra Cameo NGC. Realized $235,000
  3. Charles I gold Triple Unite 1644 Oxon, S2729, Schneider-303, Oxford mint, XF Details NGC. Realized $103,500
  4. Victoria Proof £5 1839, S3851, KM742, Young Head, PR63 Ultra Cameo NGC. Realized $92,000
  5. Charles I gold Triple Unite 1643, S2727, Schneider-299, plume mm with lower bands, Oxford mint, AU50 PCGS. Realized $74,750
  6. George III pattern gold 2 guineas 1768, S-3724, WR-79, KM-Pn49, plain edge, PR62 NGC. Realized $70,500
  7. William IV Proof Crown 1834, S3833, ESC275 (as R5), L&S6, type of KM715, plain edge, PR66 Cameo NGC. Realized $69,000
  8. Victoria gold Proof £5 1893, S3872, KM787, PR67 Ultra Cameo NGCS. Realized $69,000
  9. Charles I gold Triple Unite 1643, S-2727, N-2382, Oxford Mint, Plume initial mark, VF35 NGC. Realized $69,000
  10. Henry VIII (1509-47) gold Sovereign ND, S-2267, N-1782, Schneider-570/573, Tower Mint London, AU50 NGC. Realized $64,625

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

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Lost and Found: the Walton 1913 Liberty Head Nickel: A Special Chicago Coin Club Meeting at CSNS

One of the ultimate American numismatic story coins is the George Owen Walton specimen of the 1913 Liberty nickel. Walton had a special holder made for his prized nickel, the same holder that contains the coin today, and he proudly displayed the coin at conventions throughout the 1950s and into the early 1960s. He was traveling to a coin show in Wilson, North Carolina on March 9, 1962, when he lost his life in a terrible automobile accident 20 miles from his destination.

All of his coins, including his 1913 Liberty nickel, were recovered in the brief case that held them through the accident. They were not scattered about the highway. That is a tale that grew in the telling. The coins were eventually sold for his estate, but the Walton 1913 nickel was returned to the family in 1963 as an altered date. Four decades later, the previous decision was reversed as a team of experts declared the coin to be the genuine 1913 Liberty Head nickel.

The Chicago Coin Club will host a 2 PM special educational seminar on Thursday, April 25, just prior to the auction of this rare coin. Mark Borckardt, Senior Numismatic Cataloger for Heritage Auctions, will moderate the program. Reminiscing about their experience will be publicist Donn Pearlman, retired Coin World editor Beth Deisher, and Paul Montgomery, vice-president of American Precious Metals exchange, who was president of Bowers and Merena in 2003 when the nickel was rediscovered. Joining them will be George Walton's nephew, Ryan Givens, Walton's niece, Cheryl Myers, and her husband Gary Myers.

Upon conclusion of the program, members can move to the auction room where they may witness a new price record for a minor (non-precious metal) coin. This program will prove a once-in-a-lifetime event for all who attend, and will certainly be talked about for years to come.

The meeting will take place Thursday, April 25, at 2PM, at the Central States Numismatic Society 74th Anniversary Convention.

Schaumburg Renaissance Hotel & Convention Center
Room Nirvana C
1551 N. Thoreau Drive
Schaumburg, IL 60673

Open to the public — come early to be assured a seat as a standing room only crowd is expected!

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Coin Buyer Wanted - San Francisco Office

Heritage Auctions is seeking a talented numismatist with a broad range of expertise to join our new S.F. office located in Jackson Square. If you have a good working knowledge base of U S. coins and currency and are comfortable dealing with the public, we have an opening for a permanent position as a buyer in our San Francisco office. 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: Beverly Hills
  • Coin Buyer: San Francisco
  • European Art Specialist: New York
  • European Comic Art Specialist: Dallas, Paris
  • Firearms Specialist: Dallas
  • Modern & Contemporary Art Specialist: Beverly Hills, New York
  • Timepiece Specialist: Beverly Hills, New York
  • Western Art Director: Dallas, Beverly Hills
  • 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: Dallas, part-time
  • Client Services Representative: Dallas
  • Consignment Coordinator: Dallas
  • Currency Cataloger: Dallas
  • Currency Consignment Director: Dallas
  • e-Publishing Expert: Dallas
  • Interns
  • Marketing Account Executive: Dallas
  • Operations Assistant: Dallas
  • Rare Books Cataloger: Dallas
  • PHP Web Developer: Dallas
  • Studio Photographer: Dallas
  • Web Marketing Specialist: Dallas
  • WPF Applications Developer: Dallas

If you are interested in applying for one of these Corporate positions, please apply here.

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  Around Heritage

The Steven R. Belasco Collection Anchors Space Event In Dallas

Apollo 16 Lunar Module Flown and Surface-Used Wrist Mirror with Watch Strap Originally from the Personal Collection of Mission Lunar Module Pilot Charlie Duke, with Signed Photo and LOAThe Steven R. Belasco Collection of Space Memorabilia, featuring more than 300 lots of some of the rarest and most desirable Space Exploration memorabilia to ever surface at public auction, will be the centerpiece of Heritage Auctions' 550-lot strong April 18 Space Exploration Signature® Auction.

"The Belasco Collection is a tribute to the incredible prowess of its collector," said Michael Riley, Senior Historian and Chief Cataloger for Space Exploration at Heritage. "He was as well-known and as dedicated a collector as any of us ever encountered. We felt it fitting to include it in a separate catalog and session as a permanent tribute to him."

The space artifacts Belasco managed to purchase in his 13 years of space collecting span the American moments of NASA, covering the Mercury, Gemini and Apollo missions exhaustively, including a significant grouping of items that flew to the moon's surface during one of the manned Apollo missions, the pinnacle of desirability for collectors. One of the jewels of this grouping is a wrist mirror that Charlie Duke wore around the right wrist of his space suit during all 20+ hours of his Lunar Rover EVAs on Apollo 16, estimated at $20,000+.

"Duke also used the wrist mirror as a watchband on the moon," said Riley. "It's visible in several surface photos from the mission.

Two of the key pieces in Belasco's collection are already creating a stir with top collectors: Buzz Aldrin's Apollo 11 Lunar Module flown toothbrush and sleeve, a light blue toothbrush originally from Aldrin himself, is expected to bring $18,000+ and a superbly evocative Gemini 12 flown EVA-used flashlight, also originally from Aldrin's collection, is expected to bring $10,000+. The brass flashlight is still wrapped in Velcro and features a distorted lens.

"The distortion of the lens on this flashlight is attributed by Aldrin himself to the vacuum of space," said Riley. "To the best of our knowledge at Heritage, this is the only Gemini flashlight that has come to the auction market."

Apollo 11 Flown Crew-Signed Commemorative Cover, Number EEA-48, Originally from the Personal Collection of Mission Lunar Module Pilot Buzz Aldrin, CertifiedThe many space collectors with interest in the philatelic side of space memorabilia — an area near and dear to Mr. Belasco's heart — will find several prime examples in the top offerings, including an Apollo 11 flown and crew-signed commemorative cover (estimate: $30,000+), originally from Buzz Aldrin's collection, that spent time in earth quarantine with the crew, and a 1928-dated Airmail cover signed by Orville Wright that flew to the moon on Apollo 15 (estimate: $5,000+), with a letter from Al Worden attesting to its authenticity.

Several lots will intrigue both space collectors and numismatic collectors, including a $1 bill that flew on Gemini 3 (estimate: $3,000+) and a $2 bill that flew on Gemini 4 (estimate: $2,000+). Astronaut Jim McDivitt, commander of Gemini 4, also flew at least two $2½ gold quarter eagles on that mission: a 1907 Liberty Head (Coronet) (estimate: $3,000+) as well as a 1910 Indian Head (estimate: $3,000+). Robbins Medals also figure prominently in Belasco's collection, led by Wally Schirra's complete set of Apollo Robbins Medals, offered individually.

Neil Armstrong's Childhood Toy Airplane and Signed Photo of his Family Home at 601 W. Benton Street in Wapakoneta, OhioA trio of lots relating to the childhood of Neil Armstrong is sure to garner significant attention and spirited bidding when they cross the block. Armstrong's childhood toy airplane, well-used and accompanied by a signed photo of Armstrong's family home at 601 W. Benton Street in Wapakoneta, Ohio, is estimated at $1,500+, while four pieces of his elementary school homework and his handmade childhood signed booklet about the Life of Christ, written at an early age and maybe one of the longest Armstrong manuscripts of any type ever offered, are both expected to also bring $1,500+.

"Of all the Neil Armstrong-related lots we've offered through the years, these stand out as some of the most interesting and unique," said Riley. "The very cool red metal toy airplane, which Neil and his little brother Dean played with as children, shows Armstrong had a fascination with airplanes that would influence his entire career and life."

Apollo 11 Flown French 20 Franc Coin and Necklace in Framed Display with Crew-Signed Letter of AuthenticityOne of the most interesting numismatic corners of the auction is an Apollo 11 flown French 20 Franc coin and necklace in a framed display with a crew-signed letter of authenticity, estimated at $40,000+, that originally belonged to folk singer Trish Butte, who sang at several Cape Canaveral area hotels and became friends with a number of the astronauts.

Original oil paintings by astronaut Alan Bean are always in demand at auction, and his 1993 painting "Cernan And His Rover," a textured acrylic on Masonite piece, is an awesome and dramatic canvas. The painting, expected to bring $40,000+, has been on display at the Cosmosphere in Hutchison, KS, for the last five years.

More than two dozen lots from the collection of Lola Morrow, known as the "den mother" to the astronauts throughout the 1960s — a woman who earned the respect of the astronauts by working hard to help them reach their goal of getting to the moon. — will be of note to collectors. A humorous drawing given to her upon her retirement from NASA in 1969, signed by 26 astronauts including Neil Armstrong, Buzz Aldrin, and eight other moonwalkers (estimate: $6,000+) is already attracting significant pre-auction attention.

More information about Historical auctions.

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Francis Crick's 1962 Nobel Prize For Discovering DNA Brings $2.27+ Million

Francis H. C. Crick Nobel Prize Medal and Nobel DiplomaThe 1962 Nobel Prize for Physiology or Medicine awarded to Dr. Francis Harry Compton Crick, along with Drs. James Dewey Watson and Maurice Hugh Frederick Wilkins, for "...their discoveries concerning the molecular structure of nucleic acids and its significance for information transfer in living material," or what would become known as DNA, sold on April 11, 2013, for $2.27+ million (including Buyer's Premium) as the highlight of Heritage Auctions' Historical Manuscripts Signature® Auction at the Fletcher-Sinclair Mansion.

"This auction, given the international attention is received, showed the continuing importance of Crick's, Watson's and Franklin's discovery 60 years after they made it," said Sandra Palomino, Director of Historic Manuscripts at Heritage Auctions. "This medal is the physical embodiment of the importance that discovery represented and, as such, worth every bit of the final $2.27+ million price realized."

The medal sold to Jack Wang, the CEO of Biomobie, a Shanghai, China, biomedical firm, who had flown in for the auction.

"Dr. Crick's Nobel Prize medal and diploma will be used to encourage scientists unraveling the mysteries of the Bioboosti, a bio electrical signal that may control and enable the regeneration of damaged human organs," he said. "The discovery of the Bioboosti may launch a biomedical revolution like the discovery of the structure of DNA. It may recover damaged human organs and retard the aging process, achieving the goal of self recovering from disease and poor health conditions. "

Francis H. C. Crick Endorsed Nobel Prize CheckCrick's Nobel Prize has been kept in a safe deposit box in California since Crick's widow passed away, and was been consigned to auction by his heirs. It is one of 10 lots consigned by the family, including Crick's endorsed Nobel Prize Check, dated Dec. 10, 1962, which realized $77,675.

In addition, the Prize's proceeds will again be used to promote ground-breaking scientific research, as a portion of the sale will be awarded to the new Francis Crick Institute in London set to be completed in 2015.

"The discovery of the structure of DNA launched a scientific revolution and forever changed human understanding of life," said Sandra Palomino, Director of Historical Manuscripts for Heritage Auctions.

Crick's initials are engraved on the reverse of the medal, along with the year of the prize, 1962, presented in Roman numerals: "F. H. C. Crick/MCMLXII." The second piece of the Prize, the Nobel diploma — two beautifully handwritten, vellum pages, 9.5" x 13.5", in Swedish, dated Stockholm, October 18, 1962 — is also included.

More information about Historical auctions.

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Luxury Real Estate Newest Heritage Auctions Category

Heritage Auctions, the world's third largest fine art and collectibles auctioneer, has announced the addition of Luxury Real Estate auctions to its growing portfolio of 30+ Auction categories.

Unlike traditional real estate listings, sellers with Heritage Luxury Real Estate Auctions work with experts to maintain control over the entire sale, setting the date, marketing strategy, and terms of the auction. Selling at auction creates a competitive bidding environment, where fully-qualified and motivated buyers participate in a transparent, non-contingent sale — all within 60 to 90 days' time frame from beginning to closing. Not to be confused with foreclosures, the Luxury Real Estate auction format accelerates the process and eliminates carrying costs while providing fully qualified buyers.

Scott Foerst and Nate Schar, Directors of the new Luxury Real Estate category, have a 13 year history of selling multi-million dollar properties by auction throughout North America totaling more than $250 million in sales. Previously, Nate was an asset manager at one of the Midwest's top wealth management firms and Scott served as architect and senior project coordinator with both commercial and residential construction firms in the Southeast.

"Heritage is the first fine art and high-end collectibles auctioneer to offer Luxury Real Estate auctions in this specific format, a perfect fit with our portfolio of services catered to high net worth individuals," said Paul Minshull, Chief Operating Officer of Heritage Auctions. "These auctions will put the seller in control and provide liquidity in a timely manner."

The properties presented by Heritage Luxury Real Estate Auctions will be marketed with customized advertising plans regionally, nationally and internationally, including Heritage's 750,000+ bidder members. The auctions will be featured in top-tier print ad and direct mail campaigns, as well as during on-site showings which will be open to qualified buyers. "Our sellers are finding this process a tactful and savvy means of resolving their traditional selling dilemma," said Scott Foerst. "Auctions help maximize the full market potential of Luxury properties."

Bidders with Heritage Luxury Real Estate Auctions will benefit from the company's transparent auction process, giving them the freedom to perform due diligence prior to bidding while avoiding the problems normally associated with drawn-out negotiations, and knowing they are buying their dream home at fair market value.

More information about Luxury Real Estate auctions.

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  Heritage Interactive
Opinion Poll

Answer this quick question and see how your opinion compares with your peers.

How far would you travel to attend a major coin show?
       A) 25 miles or less
       B) Up to 100 miles
       C) Up to 500 miles
       D) Any distance, if I were interested in attending
       E) I'm not interested in coin shows

If you are on Outlook 2007 or later take the Quiz online

Last week's questions:

Which of the following lots in the April CSNS auction do you find the most fascinating?
A) The unique 1783 Nova Constellatio Quint (14%).
B) The 1792 Silver Center cent (27%).
C) The 1852 Humbert ten dollar gold piece in MS68 (10%).
D) The 1913 Liberty nickel (41%).
E) The pattern 1915 Panama-Pacific Half Dollar without mintmark, struck in copper (8%).

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  Is it Time to Sell?

We are now accepting consignments for our June Long Beach Auction. For a confidential discussion and to get the most for your rare coins, please call one of our Consignment Directors today at 800-872-6467 ext. 1000.

2013 June 6 - 9 US Coin Signature Auction - Long Beach
Consignment Deadline: April 23, 2013

David Mayfield
Vice President, Numismatic Auctions
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 Auctions
April 18-19 & 22-23 CICF World & Ancient Coins Signature Auction - Chicago #3024
April 18-19 & 22-23 CICF World & Ancient Coins Signature Auction - Chicago #3024
View Lots

April 24-28 CSNS US Coin Signature Auction - Chicago #1184
April 24-28 CSNS US Coin Signature Auction - Chicago #1184
View Lots

Sunday Internet Coin Auction Sunday Internet Coin Auction #131316
Closes April 14
View Lots
Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131316
Closes April 16
View Lots
Thursday Modern Coin Auction Thursday Modern Coin Auction #241316
Closes April 18
View Lots
Weekly World Coin Auction Weekly World Coin Auction #231316
Closes April 18
View Lots

Currency Auctions
April 24-26 & 28 Currency Signature Auction - Chicago #3522 April 24-26 & 28 Currency Signature Auction - Chicago #3522
View Lots
Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141316
Closes April 16
View Lots

Other Signature Auctions
March 24 - April 14 Doodle for Hunger Comic & Illustration Art Auction - Dallas #532 March 24 - April 14 Doodle for Hunger Comic & Illustration Art Auction - Dallas #532
View Lots
April 18 Space Exploration Signature Auction - Dallas #6095 April 18 Space Exploration Signature Auction - Dallas #6095
View Lots
April 20 Musical Instruments Signature Auction - Dallas #7077 April 20 Musical Instruments Signature Auction - Dallas #7077
View Lots
April 28 Handbags & Luxury Accessories Signature Auction - New York #5131 April 28 Handbags & Luxury Accessories Signature Auction - New York #5131
View Lots
April 29 Jewelry Signature Auction - New York #5130 April 29 Jewelry Signature Auction - New York #5130
View Lots
May 2-4 Vintage Sports Collectible Signature Auction - Dallas #7075 May 2-4 Vintage Sports Collectible Signature Auction - Dallas #7075
View Lots
May 11 Texas Art Signature Auction - Dallas #5133 May 11 Texas Art Signature Auction - Dallas #5133
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May 11 Western & California Art Signature Auction - Dallas #5134 May 11 Western & California Art Signature Auction - Dallas #5134
View Lots
May 11 Fine American Art Signature Auction - Dallas #5136 May 11 Fine American Art Signature Auction - Dallas #5136
View Lots

Other Internet Auctions
Sunday Internet Comics Auction Sunday Internet Comics Auction #121315
Closes April 14
View Lots
Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151315
Closes April 14
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Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161315
Closes April 14
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Tuesday Internet Watch and Jewelry Auction Tuesday Internet Watch and Jewelry Auction #171316
Closes April 16
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Weekly Internet Luxury Accessories Auction Weekly Internet Luxury Accessories Auction #251316
Closes April 16
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Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201316
Closes April 18
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