The World's #1 Numismatic Dealer
US Coin Auction Raises Nearly $9 Million
For The Bently Foundation
A legendary 1927-D double
eagle, the rarest coin ever minted in Denver and the absolute
key among circulation issue Saint-Gaudens double eagle, realized
$1,292,500, to lead the way in Heritage's March 20 auction of The
Bently Collection in San Francisco, on the way to raising
nearly $8.9 million overall.
"Proceeds from this auction are going directly to the Bently
Foundation," said Greg Rohan, President of Heritage. "Christopher
Bently established this foundation to honor his father's
philanthropic spirit and as a means to support the arts,
environmental sustainability and animal welfare in communities in
Northern California and Nevada."
The 1927-D double eagle is both the rarest regular issue 20th
century coin and the rarest coin minted at the Denver Mint. Only
seven times has an example crossed Heritage's auction block, and
only seven examples are known to be available to collectors. Given
the rarity of the coin and the popularity of the Saint-Gaudens
double eagle series, we expected high demand for this coin, and it
did not disappoint.
The Bently Foundation's emphasis on Northern California and Nevada
covers an area that encompasses two present and past US mints along
with far more than its share of numismatic history. The fabled
Carson City Mint has produced more than its share of rarities, such
as the 1870-CC double eagle, considered the fifth rarest issue in
the Liberty double eagle series behind the ultra-low mintage 1882
and 1886 circulation issues, the 1856-O, and the nearly
uncollectible 1861 Paquet reverse coin struck in Philadelphia.
No 1870-CC double eagles have ever been certified in Mint State
grades by any major grading service, making high quality AU
examples that much more desirable, with the Carson City mintmark
only adding to the coin's allure. The Bently specimen is
graded AU53 by PCGS, and is likely one of the five finest
specimens known. It sold for $411,250. Chief among the territorial
issues represented in this auction was an octagonal $50 piece with
lettered edge struck by US Assayer Augustus Humbert in 1851. Seldom
seen in Mint State, the finest example
from the Bently Collection was graded MS60 by PCGS and sold
Rarities from the San Francisco Mint were also well-represented in
this auction, including a 1930-S double eagle
MS65 PCGS which sold for $176,381, an 1854-S quarter eagle
Good 6 PCGS selling for $193,875, an 1878-S half dollar
MS63 PCGS at $129,250 and an 1864-S eagle AU53
NGC, which brought $146,875.
Additional highlights of this auction included:
Bidding on coin auctions continues at HA.com/Coins, with the April 10-12 & 15-16
CICF World and Ancient Coins Signature Auction in Chicago
already open for bidding and the April 23 - 27 CSNS US Coin
Signature Auction, also in Chicago, due to open for bidding
- 1830 $2 1/2
Templeton Reid Quarter Eagle AU55 PCGS.
K-1. Realized $282,000.
- 1841 $2 1/2
PR53 PCGS. Realized $164,500.
- 1932 $20 MS66
NGC. Realized $108,687.
- 1825 $2 1/2
MS64 PCGS. BD-2. Realized $105,750.
- 1927-S $20 MS65
NGC. Realized $105,750.
- 1796 $2 1/2
Stars AU58 NGC. BD-3. Realized $102,812.
- 1921 $20 MS60
NGC. Realized $99,875.
- 1931-D $20 MS65
NGC. Realized $96,937.
- 1920-S $10 MS63
NGC. Realized $94,037.
- 1893-S $1 MS61
ANACS. Realized $94,000.
- 1808 $2 1/2
AU53 PCGS. BD-1. Realized $94,000.
Seldom Seen Selections: Second-Finest
Certified 1850 Dubosq & Co. Ten Dollar Gold Piece
The 1850 Dubosq & Co. ten dollar gold piece is one of the most
elusive issues in the Territorial gold series. In his 1909
publication Official Premium List of United States Private and
Territorial Gold Coins, Edgar Adams noted only two examples
were known. As late as 1981, Donald Kagin rated the Dubosq ten
dollar gold piece a High R.7 issue, meaning he was aware of 4-6
specimens in all grades. A few more have been discovered since,
including one in the S.S. Central America, another found by
a treasure hunter in Placerville, California, and the present coin.
This piece was found by Allen Pankey, of Breckinridge, Colorado in
the San Francisco Bay area in 1986 with the aid of a metal
Even with the recent finds, only eight coins are extant in all
grades, with two examples in institutional collections and the
status of one coin unknown since its theft in 1967. Heritage
Auctions is privileged to offer the second-finest certified example
of this rare Pioneer gold issue,
graded MS60 by NGC, in just its second auction appearance at
the April 23 - 27 CSNS US Coin
Signature Auction in Chicago.
The firm of Dubosq and Co. was founded by Theodore Dubosq, a
Philadelphia jeweler, and his family in 1849. Apparently, the
Dubosqs came to California for the express purpose of starting a
private mint. They arrived in California on May 18, 1849, but they
may not have set up business operations right away, despite the
dire need for circulating coinage in the local economy. No
1849-dated coins are known with the Dubosq name, but a few pattern
quarter eagles and half eagles in copper exist, so it is possible
that gold coins were struck, but none have survived. The only
surviving gold coins from Dubosq & Co. are the very rare
1850-dated five and ten dollar pieces.
Edgar Adams believed Dubosq engraved the dies
for the 1849 patterns himself, but there is much speculation that
the 1850-dated coins were struck from dies engraved by James B.
Longacre, Chief Engraver at the Philadelphia Mint. The design
elements on the 1850 five and ten dollar Dubosq coinage closely
resemble the motifs used for regular-issue federal coinage of that
time, and a pair of Dubosq patterns were found in Longacre's
estate, corroborating this theory. However, the 1849 copper
patterns do not look at all like the 1850 gold issues, so it seems
unlikely that Longacre engraved the 1849 dies. The case for
Longacre engraving the 1850 dies is much stronger, and Donald Kagin
accepted it in his Private Gold Coins and Patterns of the United
States. However, when Kagin's offered the present coin in the
1986 ANA Convention sale, the cataloger thought it more likely that
Albert Kuner engraved, or at least reengraved, the obverse.
Whoever engraved the ten dollar dies, they were certainly well-made
and durable. They were apparently used to strike all the Dubosq ten
dollar coins in 1850 and 1851 (without changing the date), and then
sold to Wass, Molitor & Co. for use on that firm's 1852 ten
dollar coinage. A careful comparison of the 1850 Dubosq ten dollar
obverse, K-2, with that of the 1852 Wass, Molitor ten dollar gold
piece, K-3, reveals the following similarities:
It would be virtually impossible to duplicate all these features so
closely with the technology the California minters had at their
disposal in the early 1850s. Kagin noted the final digit in the
date had been drilled out and replaced by a 2, but he theorized
that Wass, Molitor & Co. had prepared the die in late 1851 and
had not used it that year, making it necessary to alter the date
for 1852 coinage. It now seems more likely that it was the 0 in the
Dubosq ten dollar die that was drilled out and replaced. Of course,
the inscription on the coronet was extensively reworked. Remnants
of the U and S of DUBOSQ are barely visible in the area of the
first and second periods on the W.M. & Co. inscription. The
Wass, Molitor coins have always been known for their weak strike,
but the extensive reworking of the die probably accounts for much
of the incomplete detail. Kagin noted that the reverse dies for the
Dubosq ten dollar coins were also used by Wass, Molitor & Co.,
but we believe this is the first time the reworking and later use
of the obverse has been noted.
- The placement of the stars and their orientation in relation to
the dentils and the bust are an exact match.
- The placement of the first three numerals of the date also
- The contours of the hair, coronet, and facial features are
- Both coins show 210 dentils on the obverse.
Dubosq formed a partnership with a man named Goodwin in 1850, and
it is likely that the firm began issuing gold coins at that time.
Judging by later reports, their output must have been prodigious
during this period. The San Francisco Alta California
reported that Dubosq & Co. struck $150,000 face value in gold
coins during the first three months of 1851. Either the firm was
still using the 1850-dated dies, or the entire mintage from this
period was later destroyed, because no 1851-dated coins of any
denomination are known today.
Seven ten dollar coins and three five dollar pieces were assayed by
Augustus Humbert, at the behest of James King of William, on March
21, 1851. The ten dollar pieces were found to contain on average
$9.93 worth of gold and the five dollar coins had an intrinsic
value of $4.96. Dubosq claimed the small difference in face verses
intrinsic value was made up by the inclusion of silver alloy in
each coin, which Humbert failed to evaluate in his assay. Even
though the results of the assay were much better than those for
many other firms, Dubosq & Co. was tarred with the same brush
as the other private mints. The exact date when the firm stopped
operations is not known, but the discredited coinage, which had
circulated widely, was soon turned in for recoinage and the Dubosq
coins became extremely elusive at an early date.
The first auction appearance of a Dubosq ten dollar gold piece was
not until 1929, in lot 1357 of Thomas Elder's Dr. George Alfred
Lawrence Collection. The lot realized $3,900, a staggering price at
the time, when the average car cost $425 and the median price for a
single family dwelling was $7,882. PCGS has certified only four
examples, the finest in AU50, while NGC has graded just two coins,
this specimen in MS60 and another in MS61.
The coin we are
offering is an attractive Mint State example, with sharply
detailed design elements that show full star radials and just a
touch of softness on the hair above the ear. The pleasing
yellow-gold surfaces retain much of their original mint luster and
show a scattering of minor contact marks. A shallow scratch between
stars 10 and 11 and some light pinscratches in the left obverse
field act as pedigree markers. This coin has been off the market
for almost 27 years, and it may be decades before a coin with this
combination of absolute rarity, great historic interest, and high
technical grade becomes available again for public offering.
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Website Tips: Date Ranges
|Have you ever wanted
to search for US coins in a particular date range — for instance,
the short set of Walking Liberty Half Dollars (1941-47) or Type 2
Double Eagles (1866-76)? Now you can!
To search for a date range, go to the Refine Search area on the
left side of the Heritage search results for coins. Look for "US
Coin Year". Enter the date range you want to search for, click
search, and you will see only coins from the date range you
selected! To do a search for all coins after a date, put the
earliest date of the range you want into the box, and to search for
all coins before a certain date, just put the range end date into
the second box.
Search for date range is not available for world coins at this
time. We will be adding this feature for more of our categories as
we get the chance.
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The ten highest valued coins to sell in
Central States auctions:
Do you have a suggestion for a future top ten list?
Send it to us!
- 1804 $1 Original PR62 NGC.
- 1913 5C Liberty PR63 PCGS.
- 1804 $1 Class III PR58 PCGS.
- 1792 H10C Judd-7, Pollock-7,
R.4. SP67 PCGS. Realized $1,322,500.
- 1796 $1 Small Date, Small
Letters MS65 NGC. CAC. B-2, BB-63. Realized $1,175,000.
- 1783 Nova Constellatio Pattern
Quint, Silver, Type Two AU53 PCGS Secure. Realized
- 1792 One Cent, Judd-1, MS61
Brown PCGS. Realized $1,150,000.
- 1852 $10 Humbert Ten Dollar MS68
NGC. CAC. Kagin-10. Realized $1,057,500.
- 1802 $1 PR65 Cameo PCGS.
- 1792 One Cent, Judd-1, MS61+
Brown NGC. Realized $822,500.
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CSNS Lot Viewing in
Conjunction with NGC Invitational
Don't miss this special opportunity to view auctions lots from our
upcoming CSNS Signature Auction
#1204. The Signature as well as Platinum Night Session lots
will be available for viewing in conjunction with the NGC Trade
& Grade, held April 14th - 16th, 9:00 AM
- 6:00 PM at our Dallas headquarters at 3500 Maple Ave;
17th Floor, Dallas, TX 75219.
Space is limited, so please call Roy Porras at 214-409-1295 or
reserve your seat.
We look forward to seeing you there.
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U.S. Coin Cataloger
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
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Coin Buyer Wanted -
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
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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
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
- 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 &
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
- Asian Art Specialist
- Coin Buyer
- Modern & Contemporary Art Specialist: (New
- 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
We are also seeking to fill the following corporate positions:
If you are interested in applying for one of these Corporate
- Client Data Specialist part-time
- Client Services Representative
- Consignment Coordinator
- Currency Consignment Director
- e-Publishing Expert
- Fine Jewelry Cataloger
- Jr. Photographer
- Operations Assistant
- PHP Web Developer
- Web Content Specialist (part-time)
- U.S. Coin Cataloger Needed
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Ansel Adams' Clearing Winter Storm
And Moonrise, Hernandez, New Mexico Highlights New York Photography
Ansel Adams' landmark Clearing Winter Storm,
Yosemite National Park, California, 1944, acquired directly
from the artist and held privately for 40 years, and his Moonrise, Hernandez,
New Mexico, 1941, could sell for $30,000+ each in Heritage
Auctions' April 5 Photographs Signature
Auction held in New York. The auction is dominated by
fresh-to-market images, ranging from a California collection
devoted to images of Marilyn Monroe and Reflections of Childhood, a
fine private New York collection examining children's distinct and
poignant place in the world.
"This stands as the most strikingly dynamic photograph auction
we've ever held," said Rachel Peart, Director for Photographs at
Heritage. "The opportunity for collectors to finally secure rare
works from as early as 1874 to the present day spans several
private collections that have not been on the market in
The auction includes two important works by Irving Penn: Still Life with
Watermelon, New York, 1947, which could sell for $25,000+,
and Picasso, Cannes,
France, 1957, estimated at $50,000+.
Among the variety of photographs is a large and diverse selection
of images relating to Marilyn Monroe, including the iconic Marilyn Monroe on Red
Velvet, Pose #1, 1949, a circa 1990 dye-destruction
initialed by Playboy publisher Hugh Hefner, which is
estimated to sell for $5,000+; Marilyn in Dior, Vogue,
1962, by Bert Stern, estimated at $10,000+; and Robert
Silver's evocative Marilyn Quad,
2008, a photomosaic on aluminum, estimated to sell for
The Cohen Collection, another rare and important private
collection, is a thoughtful assemblage of the world's finest
photographers, including numerous works by Adams, such as Moonrise and
Aspens, Northern New
Mexico, from Portfolio VII, 1958, which could sell for
$20,000, and Brett Weston, including his Twenty Photographs
Portfolio, 1970-1977, which could sell for $30,000+. The
Cohen Collection also offers Two Forms,
1963 by Ruth Bernhard, an iconic image of the female
Providing a glimpse into humanity's past and its future,
Reflections of Childhood, a private New York collection featuring
famous artists' interpretation of youth, including Diane Arbus'
Boy Reading a
Magazine, N.Y.C., 1956, estimated at $6,000+ and Hendrik
Kerstens' Naturel, November,
1999, estimated at $15,000+. The artist's poignant images
of childhood is exemplified in Pieter Hugo's Abdulai Yahaya,
Agbogbloshie Market, Accra, Ghana, 2010, and Untitled,
2004, by Angela Strassheim, both of which could sell for
$10,000+ each. A special electronic catalog devoted to Reflections
of Childhood may be accessed here.
More information about photographs
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"Doodle for Hunger" Online Auction Benefits St. Francis
Food Pantries and Shelters
"Doodle for Hunger" is
a fun online auction of signed original works of art by comic
artists, celebrities, and illustrators.
The auction will benefit St. Francis Food Pantries and Shelters. St. Francis
Food Pantries and Shelters supports a network of charitable
programs that provide a broad range of services for those in need,
including the provision of food, clothing, shelter, and related
The auction is offered on the internet only and will close April
14, 2014 10:00 PM CT. For more information, contact Stephanie
O'Barr, 800-872-6467 ext. 1807 or StephanieO@HA.com.
More information about charity
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Heritage is once again, proud to announce
that they are the Official Auctioneer of the Long Beach Expo. Now
in its 50th year, Long Beach has proven time and again to be the
venue to choose when it is time to consign your collection. The
market for numismatics remains solid, proven by the recent ANA
Signature Auction held in Atlanta, GA showing total prices realized
at nearly $15 million.
To consign to Heritage's Signature auction held during the Golden
anniversary of this lauded convention, contact Heritage today to
join in on this momentous event. The June Long Beach coin
consignment deadline is April 22nd. Please call one of our
Consignment Directors at 800-USCOINS (872-6467) ext. 1000 (Coins)
or ext. 1001 (Currency) to begin your consignment experience.
5 - 8 LB Expo US Coins Signature Auction - Long Beach
Consignment Deadline: April 22, 2014
What's My Coin Worth?
Consign to a Heritage Auction
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