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Coin News
In This Issue:
$11.5 million in coins sell at New York auction
Seldom Seen Selections: The finest known proof 1845 quarter eagle
Website Tips: MyWantlist
This Week's Top Ten
U.S. Coin Cataloger Wanted
Coin Buyer Wanted - Dallas Office
Reduced Auction Commissions When You Resell Your Winnings!
Employment Opportunities
Around Heritage Auctions
Instant Quiz
Is It Time To Sell?
Current Auctions
February 8, 2014
Newsletter Archive
Last Issue
$11.5 million in coins sell at New York auction
36.40 oz. Kellogg & Humbert gold ingot
A 36.40 oz. Kellogg & Humbert gold ingot that once resided in the shipwreck of the S.S. Central America was the top-selling lot of our 2014 February 3 - 5 US Coins Signature Auction in New York. All prices include a 17.5 Buyer's Premium.

This ingot's sale price of $176,250 is, as might be expected, a step up from the gold value of $623.77 imprinted into the top of the piece. It is actually one of the smaller Kellogg & Humbert ingots recovered from the S.S. Central America in 1988; the largest weighed over 900 ounces.

1870-CC $20 -- Cleaned -- ANACS. AU Details 1870-CC $20 -- Cleaned -- ANACS. AU Details
A 1870-CC double eagle graded AU details by ANACS sold for $164,500 in one of the infrequent appearances by this key Carson City issue. Perhaps 45-50 examples of this issue survive in all grades, making this the rarest issue of the Carson City Mint's first year.

Only three examples of the 1855-S Branch Mint Proof half dollar have been recorded. One is in the Smithsonian Institution, one hasn't been seen for decades, leaving only one example available to collectors. Graded PR65 by NGC, this coin sold for $158,625 in New York.

Just a few of the other highlights of this auction included:

1855-S 50C PR65 NGC 1855-S 50C PR65 NGC
1931 $20 MS64 PCGS. CAC 1931 $20 MS64 PCGS. CAC
Our next auction will open for bidding very soon at HA.com/Coins.

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Seldom Seen Selections: The finest known proof 1845 quarter eagle
36.40-Ounce Kellogg & Humbert Gold Ingot
36.40-Ounce Kellogg & Humbert Gold Ingot
At least four gold proof sets were struck by the U.S. Mint in 1845, though the reasons for striking and intended recipients are unknown. With an 1845 proof quarter eagle in the Mint Cabinet (later the National Numismatic Collection) and the piece we're offering at the upcoming Mid-Winter ANA US Coins Signature Auction in Atlanta on February 27-28 having been discovered along with the other coins in a gold proof set in England in the 1970s, there is appreciable evidence that at least one of the sets was meant for a diplomatic visitor, though such evidence is largely circumstantial.

Also unknown is the number of survivors. Based on the existence of at least four proof 1845 eagles and the fact that two of the three confirmed proof 1845 quarter eagles were found in complete proof sets (the third being the Mint Cabinet/National Numismatic Collection specimen), it follows that a fourth (or possibly even fifth) proof 1845 quarter eagle might survive. Garrett and Guth (Encyclopedia of U.S. Gold Coins) and the PCGS Population Report both list "4 or 5" survivors, and indeed there are four certification events in the combined certified population, though the pattern of certification events (a PR67 Cameo and PR67 Ultra Cameo for NGC against a PR65 and PR65 Deep Cameo for PCGS) suggests crossover duplication.

The NGC-graded Proof 67 Ultra Cameo example in the upcoming Mid-Winter ANA auction is a magnificently preserved specimen of early (pre-1858) U.S. proof coinage, stunningly contrasted between sharply struck, thickly frosted devices and gleaming fields that shift between pale yellow and reflective "black" depending on the angle to the light. This piece shows several pedigree markers suggesting that it is the Trompeter coin: a small planchet flaw at star 11 on the obverse rim, a similar planchet flake in the space off the upper left (facing) corner of the eagle's shield on the reverse, and the two small, straight lines under the second S in STATES that preclude an even finer designation.

This coin will be a prize for the specialist in quarter eagles or early proof gold.

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Website Tips: MyWantlist  
If you're looking for those special items for your collection, and would like to be automatically notified when we have one in inventory or in auction, MyWantlist is for you.

Instead of you having to search for specific items every time you visit the site, MyWantlist works by saving the individual searches that you might perform every time you look for coins in our inventory or auction.

MyWantlist can be reached from any Heritage home page, or by going through the MyHeritage tab on any page on our site and clicking on "View/Edit Wantlists". You will be taken to the Wantlist options for the Heritage site you are currently on; you can change which Heritage venue you wish to save searches for by choosing the venue from the "View MyWantlist in:" drop-down menu and clicking "Go".

When you first start using this feature, MyWantlist will look something like this:

You can add new searches based on five factors - the category (which generally corresponds to a type for US coins or a country for world coins), a keyword such as the date, the grading service if any, the low grade, and the high grade. If you want to save a search for any Shield Nickel, in the drop-down box marked "All", choose Shield Nickels. You will not need to use a keyword in this case, and the default search looks for coins from any grading service in any grade, so all you will need to do is click on the "Add New Item" button and you're done.

If you wish to add a search for circulated 1886 Liberty Nickels, the procedure would be similar. Here you would enter the denomination "Liberty Nickels", the keyword 1886, and the high grade of AU58 in the drop-down box marked "To Grade". Again, you need only click on the "Add New Item" button and you're done.

You can also look for other, more general items through this feature. For instance, if you are looking for top 100 VAM varieties of Morgan Dollars, choose Morgan Dollars as your denomination and enter the keyword "Top 100".

For other tips on how to perform searches, click here, or click on the "Need Help? Click HERE" link on the MyWantlist page.

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This Week's Top Ten
1867 5C Rays PR66 Cameo NGC
1867 5C Rays PR66 Cameo NGC
The ten highest valued Shield nickels to sell in Heritage auctions, one per issue:

  1. 1867 5C Rays PR66 Cameo NGC. Realized $132,250.
  2. 1880 5C MS65 PCGS. CAC. Realized $74,750.
  3. 1866 5C Rays PR67 Cameo PCGS. Realized $27,600.
  4. 1883/2 5C MS67 NGC. CAC. Realized $25,300.
  5. 1867 Rays MS66 Prooflike Uncertified. Realized $21,450.
  6. 1877 5C PR67 Cameo PCGS. Realized $19,550.
  7. 1876 5C PR68 Ultra Cameo NGC. Realized $18,400.
  8. 1879/8 5C PR68 PCGS. Realized $18,112.
  9. 1867 5C No Rays PR66 Cameo PCGS. Realized $16,100.
  10. 1867 5C Rays MS67 NGC. Realized $15,525.
Do you have a suggestion for a future top ten list? Send it to us!

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U.S. Coin Cataloger Wanted

Heritage Auctions is seeking a talented numismatist with broad expertise in U.S. coins to join our award-winning staff. If you have an extensive knowledge base of U.S. coins and have exceptional writing skills we have an opening as a cataloger. You can work with the most successful team of numismatists in the world. This is a full-time position based in our Dallas headquarters. Duties will include cataloging, evaluating and attribution of U.S. coins, assisting with catalog production, and contributing numismatic articles for newsletters and other publications.

If you are interested, please contact BrittM@HA.com.

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Coin Buyer Wanted - Dallas Office

Heritage Auctions is seeking talented numismatists with a broad range of expertise to join our Dallas office. If you have a good working knowledge base of U S. coins and currency and are comfortable dealing with the public, we have openings for permanent positions as a buyer. 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
  • Automobilia Specialist
  • Coin Buyer
  • 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 part-time
  • Client Services Representative
  • Consignment Coordinator
  • Currency Consignment Director
  • Email Marketing Specialist
  • e-Publishing Expert
  • Fine Jewelry Cataloger
  • Interns
  • Marketing Catalog Coordinator
  • Operations Assistant
  • Shipping Associate
  • Web Content Specialist (part-time)
  • Web Marketing Specialist
  • U.S. Coin Cataloger Needed
If you are interested in applying for one of these Corporate positions, please apply here.

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Around Heritage Auctions
Beatles-Signed Backdrop From Their First The Ed Sullivan Show Appearance Emerges At Auction 50 Years Later

Beatles-Signed Backdrop From Their First The Ed Sullivan Show Appearance
A piece of the backdrop from The Ed Sullivan Show, signed by the Beatles when they played the program on Feb. 9, 1964 — the beginning of Beatlemania and The British Invasion — adorned with individual drawings from each member of the band and a note from John Lennon reading, "The 'Beatles' were here 2/9/64", may bring more than $800,000 when it crosses the block at Heritage Auctions on April 26.

"There is no more important band in rock and roll than The Beatles and there was no moment more important in solidifying their worldwide popularity than the moment they played Ed Sullivan on Feb. 9, 1964," said Garry Shrum, Consignment Director of Music Memorabilia at Heritage Auctions. "Now, almost 50 years to the day since it was signed, this piece has emerged from private hands and is looking to take its rightful place as the single-most important piece of Beatles memorabilia in existence."

The piece, measures more than 48-inches long and 16-inches across, features large, clear and clean signatures of each member of the band signed on that most important of nights in early 1964, comes out of the collection of voice over artist Andy Geller, one of the most recognizable voices in all of television.

Beatles-Signed Backdrop From Their First The Ed Sullivan Show Appearance
This band signed the piece vertically, with Ringo Starr signing on top, George Harrison signing below him, with Paul McCartney (signed as "Uncle Paul McCartney") and John Lennon on the bottom.

"Holy Grail is a term bandied about in memorabilia circles far too much," said Shrum, "but in this case, it's hard to argue with the designation. This thing really is the Holy Grail of Beatles memorabilia. It's simply the best Beatles-signed piece there is."

The Heritage Auctions Entertainment & Music Auction will take place on Saturday, April 26, at the Fletcher-Sinclair Mansion, 2 E. 79th Street (at 5th Ave).

More information about Entertainment & Music auctions.

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Earliest Superman Cover Art Known To Exist May Bring $200,000+ At Heritage Auctions In New York

Fred Guardineer Action Comics #15 Superman Cover Original Art (DC, 1939).
The earliest Superman cover art known to exist — Fred Guardineer's thrilling visage of the Man of Steel from Action Comics #15— may bring $200,000+ in Heritage Auctions' Feb. 20-22 Vintage Comics Signature Auction in New York. The rare work joins nearly 1,200 lots, including two Silver Age milestones: Amazing Fantasy #15 — the first appearance of Spider-Man — in 9.0 grade by CGC, and the original cover art to Tales of Suspense #84 by Jack Kirby and Frank Giacoia.

"Guardineer's cover is the earliest Superman cover art in existence," said Ed Jaster, Senior Vice President at Heritage. "It is a blockbuster piece of early American comic art history and a fitting companion to the landmark finds in this auction." 

Fans who enjoyed the first offering of the Don/Maggie Thompson Pedigree Collection still have a range of high-grade books to choose from with a 9.4 grade CGC NM copy of Tales of Suspense #39, the first appearance of Iron Man.

Fred Guardineer Action Comics #15 Superman Cover Original Art (DC, 1939).
Surprise discoveries include the finest known copy of Amazing Man Comics #5 (#1), 9.4 CGC Mile High Pedigree, a rare and sought after issue that the Overstreet Price Guide classifies as one of the Top 100 Golden Age books. Fewer than 10 copies of the book exist and this is one of just two copies known in the best condition ever recorded. 

The selection of art includes Robert Crumb's original drawings for a complete three-page story "Ducks Yas Yas" from Zap Comix #0. Art from early underground comics is seldom offered at auction and this rare set shows Crumb's unmistakable style behind a Rapidograph mechanical pen. Another important work, the original cover art by John Buscema and George Roussos for The Avengers #42, is just the second Avengers cover Buscema ever drew.

The auction also features the Dino Mauricio Golden Age Classic Cover Collection: 150 of the most collectible covers representing important themes, iconic characters and rare images, such as Superman#1 and Detective Comics #31 to rarities like Great Comics #3 with its "Hitler in Hell" cover.

More information about Comics auctions.

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Instant Quiz

1. If a sovereign has an M mintmark, where is it from?
       A) Australia
       B) Canada
       C) Great Britain
       D) India
       E) South Africa

2. Which of the following celebrities is/was not a well-known numismatist?
       A) Adolphe Menjou
       B) Andre Dawson
       C) Buddy Ebsen
       D) George Raft
       E) Jascha Heifetz

Last week's question:

1. What was the date of the $50 Half Union patterns?
Correct Answer: D) 1877 (33%).

2. What was the first US Mint located west of the Mississippi River?
Correct Answer: E) San Francisco (33%).

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Is it Time to Sell?
The numismatic market and prices are strong, and it's time for you to profit from that strength. Last year's Central States' auctions brought in $58 Million, the largest CSNS event ever. The Central States organization and Heritage have established an enduring tradition: attracting the best in numismatic properties for auction, assembling an enthusiastic audience, and then delivering superb prices realized. With your consignment, we will continue to make history in 2014.

It's easy for you to be part of making history at another exciting Central States. Call Heritage today to include your important rare coins and currency in this amazing event — the CSNS coin consignment deadline is March 10 and the currency deadline is March 3. Please call our Consignment Directors at 800-USCOINS (872-6467) ext. 1000 (Coins) or ext. 1001 (Currency) to begin your pursuit of top prices.

2014 April 23 - 27 CSNS US Coin Signature Auction - Schaumburg
Consignment Deadline: March 10, 2014

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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