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  This Week In Coin News

  Collector News

Eric P. Newman Auction Part II Set for November in New York City

Eric P. NewmanHeritage 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 evenings of Nov. 15 and 16 with the second eagerly anticipated offering of numismatic rarities from Newman's legendary collection. 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, 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.

Specific information about the coins to be offered in Part II will be announced by Heritage in the coming months.

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 the 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 research efforts and for the benefit of other not-for-profit institutions selected by the Eric P. Newman Numismatic Education Society for public purposes.

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Seldom Seen Selections: Rare Gem 1860-O dollar

1860-O $1 MS65 PCGS
1860-O $1 MS65 PCGS
The 1860-O Seated Liberty dollar claims a substantial mintage of 515,000 pieces, making it one of the more available issues of the series and a favorite choice of type collectors. The 1860-O was primarily intended for use in the China trade, and most of the mintage was probably sent to the Orient near the time of issue. However, it seems that a considerable number remained in domestic hands. Several thousand examples were still in government storage facilities in the 1960s and the issue was well-represented in the great Treasury releases of 1962-1964. The coins from the Treasury hoard were almost all in lower Mint State grades, due to excessive bagmarks. Q. David Bowers states, "I have never seen an MS-64 or MS-65 coin from the Treasury hoard. When such coins come on the market they are usually from cabinets formed years earlier."

Unfortunately, few 19th century collectors were interested in branch mint coins, so few old-time cabinets of the type Bowers refers to included an example of the 1860-O. One early auction appearance was in the Fifth Semi-Annual Sale (W. Elliot Woodward, 10/1864), lot 323, "1860 From the Orleans mint, very fine, scarce." The coin realized $2.30, to Thomas Warner. The 1860-O remains very rare in Gem condition or better, and the last time Heritage offered a really high-grade specimen was lot 966 of the Dallas Signature Auction in November 2007. The MS66 NGC coin in that offering realized $63,031.50.

One of the offerings in our Summer FUN auction of US coins is a delightful Gem, one of the finest certified at PCGS. The design elements are sharply detailed in most areas, with just a touch of softness on some star centrils. The pleasing surfaces display strong satiny mint luster under attractive shades of pink, gold, and amber patina. Only a few minor contact marks are evident and eye appeal is outstanding.

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Heritage Auctions' Make Offer to Owner surpasses $16+ million sales milestone, celebrates fourth anniversary

Heritage Auctions' proprietary Make Offer to Owner (MOTO) service, in which clients make anonymous offers to purchase items previously sold at auction, celebrates its fourth anniversary by surpassing $16+ million in sales since its launch in May 2009. The service has facilitated transactions across every one of Heritage's 30+ categories, including fine art, comic art, and fine jewelry. The program's largest transaction so far is $400,000.

"We are always seeking new ways to bring clients together and an increasing number of them rely on this quick, vetted and efficient service," said Jim Halperin, Co-Chairman of Heritage Auctions. "It's just one of the many ways Heritage puts clients first."

Clients are offered an opportunity to enroll in the MOTO service at the close of select auctions. If a third party is interested in making an offer, the information is transmitted by Heritage to the owner, who can accept, reject or make a counteroffer. Responses are delivered within 72 hours — always and only at a seller's request. Heritage retains 10 percent of the total price as a commission and waives all credit card or PayPal fees. All transactions are managed through HA.com, maintaining privacy for both parties. Transactions are binding, but feature a seven-day return policy.

In addition to MOTO, Heritage also conducts numerous private treaty sales, which are used to sell fine art and collectibles across all of its 34 categories — always and only at a seller's request.

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This Week's Top Ten

The ten most valuable Seated dollars to sell in Heritage auctions:

  1. 1870-S $1 XF40 NGC
    1870-S $1 XF40 NGC

  2. 1870-S $1 XF40 NGC. Realized $805,000
  3. 1870-S $1 XF40 PCGS. Realized $503,125
  4. 1871-CC $1 MS64 NGC. Realized $241,500
  5. 1849 $1 PR67 NGC. Realized $230,000
  6. 1845 $1 PR67 NGC. Realized $207,000
  7. 1853 $1 Restrike Seated Dollar PR66Star Cameo NGC. Realized $184,000
  8. 1848 $1 PR67 NGC. Realized $161,000
  9. 1846 $1 PR65 PCGS. Realized $149,500
  10. 1851 $1 Restrike PR66 Cameo NGC. Realized $149,500
  11. 1855 $1 MS64 NGC. CAC. Realized $149,500

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

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HA.com: A brand new look!

Check out our new look!

Coming soon, you will see a brand new look on HA.com! We've reorganized the content and personalized the page, so that you will see information that matters to you. Inside the site, although the look will be a little different, the functionality of the item pages, search pages, and the MyHeritage pages is unchanged.

Visit our sneak preview page here!

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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
  • Classic Cars Specialist
  • Coin Buyer: (San Francisco, Dallas, New York)
  • Decorative Arts & Design Specialist
  • European Art Specialist
  • Modern & Contemporary Art Specialist: (New York, 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
  • Currency Cataloger: Dallas
  • Currency Consignment Director: Dallas
  • e-Publishing Expert: Dallas
  • Interns
  • PHP Web Developer: Dallas
  • Web Marketing & Social Media Specialist: Dallas
  • Web Marketing Specialist: Dallas

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

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  Around Heritage

"Nyuk Nyuk Nyuk!" Heritage presents largest group of Three Stooges posters and lobby cards ever offered at auction

The Three Stooges in Playing the Ponies (Columbia, 1937). One SheetThe Three Stooges in Mutts To You (Columbia, 1938). One Sheet
A rare one sheet from The Three Stooges' classic film "Playing the Ponies" may bring more than $20,000 to lead the largest collection of pre-1940s Three Stooges movie posters and lobby cards ever offered at auction in Heritages' Movie Posters Signature® Auction July 27-28 in Dallas.

"We've never offered such a large and diverse collection at any one time as this group of vintage Stooge posters and lobby cards," said Grey Smith, Director of Movie Posters at Heritage Auctions. "Collectors can take their pick from some 17 different rarities that seldom turn up."

The Three Stooges in Hoi Polloi (Columbia, 1935). Title Lobby CardA scarce one sheet for the hilarious short "Mutts to You," a rare pre-1940 Three Stooges poster highly sought after by collectors, is expected to bring $15,000+. The short was directed by silent screen comedian Charley Chase and remains one of the most beloved of the threesome's early work. A rare one sheet featuring a rare, bold image of Curly Howard taken from the 1941 short "I'll Never Heil Again" is expected to bring $6,000+.

A group of 13 lobby cards is expected to be led by a rare find from the 1935 classic "Hoi Polloi," in which a professor bets that he can turn the Stooges into gentlemen, the rare title card is expected to bring $6,000+ in its first-ever appearance at Heritage. A delightful lobby card from the 1937 short "Cash and Carry," graced with a scene of Moe bonking Curly on the head with a gold brick, is expected to bring $4,000+.

More information about Movie Poster auctions.

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  Heritage Interactive

1. What is the name of the mint error that results in one side of a coin having the impressed mirror image of the other side?
       A) Broadstrike
       B) Brockage
       C) Capped die
       D) Lamination
       E) Sintering

2. What was the last year of the US half cent?
       A) 1804
       B) 1836
       C) 1856
       D) 1857
       E) 1858

Last week's question:

1. President John Tyler had two different First Ladies while in office. How was this handled in the First Spouse gold coin series?
Correct Answer: E) Two different coins were struck (52%).

2. Which US coin depicted P. T. Barnum?
Correct Answer: A) Bridgeport half dollar (57%).

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  Is it Time to Sell?

Our upcoming Official Auctions of the September Long Beach Coin & Collectibles Expo will feature collections such as The Perry Owen Collection, Part II, The RLM Collection, Part II, and the Col. Steven Ellsworth Die State Collection. Your coins and currency can sell alongside these great collections and others to come. To consign to our Long Beach auctions, please call us at 1-800-872-6467 x1000 (coins) or x1001 (currency).

2013 September 25-29 US Coins Signature Auction – Long Beach
Consignment Deadline: August 12, 2013

2013 September 26-30 World & Ancient Coins Signature Auction – Long Beach
Consignment Deadline: August 6, 2013

2013 September 26-30 Currency Signature Auction – Long Beach
Consignment Deadline: August 6, 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
July 11-14 US Coins Signature Auction - Orlando #1187
July 11-14 US Coins Signature Auction -
Orlando #1187

View Lots

Sunday Internet Coin Auction Sunday Internet Coin Auction #131328
Closes July 7
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Tuesday Internet Coin Auction Tuesday Internet Coin Auction #131328
Closes July 9
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Thursday Modern Coin Auction Thursday Modern Coin Auction #241328
Closes July 11
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Weekly World Coin Auction Weekly World Coin Auction #231328
Closes July 11
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Currency Auctions
Tuesday Internet Currency Auction Tuesday Internet Currency Auction #141328
Closes July 9
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Other Signature Auctions
July 11 Art from the Heart Auction Benefiting Dallas Challenge #541 July 11 Art from the Heart Auction Benefiting Dallas Challenge #541
View Lots
July 16 KidSwing Golf Tournaments Auction #542 July 16 KidSwing Golf Tournaments Auction #542
View Lots
July 27-28 Movie Posters Signature Auction - Dallas #7078 July 27-28 Movie Posters Signature Auction - Dallas #7078
View Lots

Other Internet Auctions
Sunday Internet Comics Auction Sunday Internet Comics Auction #121327
Closes July 7
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Sunday Internet Sports Collectibles Auction Sunday Internet Sports Collectibles Auction #151327
Closes July 7
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Sunday Internet Movie Poster Auction Sunday Internet Movie Poster Auction #161327
Closes July 7
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Tuesday Internet Watch and Jewelry Auction Tuesday Internet Watch and Jewelry Auction #171328
Closes July 9
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Weekly Internet Luxury Accessories Auction Weekly Internet Luxury Accessories Auction #251328
Closes July 9
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Weekly Internet Rare Books and Autographs Auction Weekly Internet Rare Books and Autographs Auction #201328
Closes July 11
View Lots

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