The World's #1 Numismatic Dealer
Territorial Gold featured in CSNS US Coin
Collection, one of the finest collections of Territorial gold
that we've seen, highlights our offerings in the Central States Numismatic
Society US Coin Signature Auction, to be held April 23 - 27 in
Schaumberg, IL. Platinum Night, featuring the finest numismatic
treasures in this auction, is scheduled for April 24 at 6:30 PM
Collection, leading off the Platinum Night festivities, offers
advanced collectors of Territorial gold coinage a
once-in-a-lifetime chance to acquire a newly discovered variety —
the unique 1855 Wass, Molitor & Co.
twenty dollar gold piece, AU53 NGC, Large Head Obverse, variety
unlisted in Kagin. Heritage founder Jim Halperin calls this
American rarity "a unique example of one of the most elusive issues
in the Territorial gold series." The Riverboat specimen was
probably the first Wass, Molitor Large Head twenty dollar coin to
appear at auction, in a Chapman sale in 1896. It was definitely the
last example to be publicly offered when it appeared in Stack's
Amon G. Carter, Jr. Family Collection in 1984, more than 30 years
This piece is just the beginning of the stunning diversity of the
Territorial gold coins found in this collection, many of which are
fully worthy of being described as national treasure. From the
American Frontier, an 1855 Kellogg & Co. fifty
dollar, PR64 Cameo PCGS, stands as "the most beautiful of all
Pioneer gold," and an 1849 Mormon ten dollar, AU58
NGC, is the earliest and rarest Mormon gold coinage, with fewer
than a dozen pieces known. An 1850 Dubosq & Co. ten
dollar, MS60 NGC, offers collectors the opportunity to own an
example of one of the most challenging issues in the Territorial
gold series — for the first time in 27 years.
The treasures in this auction are hardly limited to Territorial
gold, as we are also privileged to offer the #1 NGC Morgan Dollar
Registry Set, the magnificent ML Moser
Collection, in its own session on April 24 just before Platinum
Night. This collection features a true treasure in the 1893-S Morgan dollar, MS65
NGC, as well as a select uncirculated example of an 1892-S Morgan, MS63
NGC, seldom offered at auction until now. Condition rarities
define this collection, proof of which is seen in the 1881-S Morgan dollar, MS68+
NGC, the single finest graded example of the 1881-S Morgan
dollar at NGC and the only one to be awarded the special Plus and
Star designations. The 1884 Morgan Dollar, MS68,
NGC, is a superstar as well and one of just four known pristine
examples certified by both services as MS68.
Additional featured collections include The Charles G. Wright
Family Collection, Christopher Bently's
Nob Hill Collection, Part II, The Dale Hopkins
Collection, The Collection of
Donald E. Bently, sold for the benefit of the Bently
Foundation, The Jim O'Neal
Collection of U.S. Type, Part One, The Northern Lights
Collection, The Old New England
Collection, The Collection of
Philip Poier, and The Ray Levoi
Additional highlights of this auction include, but are hardly
This auction and the
related Currency Auction
are open for bidding now at HA.com.
Seldom Seen Selections: The finest known
Schultz & Co. half eagle
The 1851 Schultz & Co. $5 gold piece is one of the rarest
issues in the Territorial gold series. We have traced only 10
examples of this storied issue, with a few earlier citations that
may or may not represent the same coins. One specimen is held by
the National Numismatic Collection at the Smithsonian Institution.
PCGS and NGC have combined to certify 12 coins in all grades and
conditions, undoubtedly including some resubmissions and
crossovers. Heritage Auctions is pleased to offer the finest-known example of this
famous rarity in our April 23-27 2014 Central
States Signature Auction.
These rare five dollar gold pieces were minted by the firm of
Schultz & Co., operated by Judge G.W. Schultz and William
Thompson Garrett. The business was located on Clay Street, in San
Francisco, directly behind the better-known Baldwin coining
facility. Schultz and Co. started as a metalworking shop and
foundry, with Judge Schultz as the principle financial backer and
Garrett as the machinist. Schultz & Co. forged the dies for
most of the private coining operations in San Francisco, with
Moffat & Co. the notable exception. Albert Kuner engraved the
dies and Garrett turned the hubs, while Schultz handled the
financial end of the business.
Schultz & Co. soon graduated to minting their own coinage,
issuing five dollar coins from January to April of 1851. Some
sources report that ten dollar pieces were also struck, but no
example of that denomination has ever surfaced. Curiously, Kuner
misspelled the name of the firm when he engraved the dies, and all
examples seen have the inscription SHULTS & CO on Liberty's
coronet. There is considerable confusion about the correct spelling
of Schultz's name, as Edgar Adams refers to him as both Schultz and
Shultz, but most historians consider Schultz the preferred
spelling. Our headline reflects the NGC label on the holder, but we
have followed the Guide Book nomenclature in the narrative.
The firm was dissolved in April of 1851, with Garrett continuing
the foundry operation and Schultz retaining the coining business
afterward. On April 21, 1851, the California Legislature prohibited
the private minting of gold coinage, bringing the Schultz & Co.
operation to a close.
An early assay by Augustus Humbert found the
five dollar coins of Schultz & Co. contained only $4.87 value
in gold, causing the coins to be repudiated by the general public.
A later assay at the U.S. Mint by Eckfeldt and Dubois was more
favorable, yielding a value of $4.94 for the five dollar coin, but
the outrage over the earlier report was hard to overcome. In fact,
when knowledge of the higher intrinsic value of the coins became
widespread, it encouraged mass melting, and the issues of Schultz
& Co. were one of the first private gold coinages to vanish
from circulation. By 1909, Edgar Adams knew of only two coins in
existence, one owned by H.O. Granberg and another in the collection
of J.C. Lighthouse.
The first auction appearance of the Schultz & Co. five dollar
gold coin was in lot 12 of The Romance of the Pioneers, a catchy
title B. Max Mehl composed for his catalog of Judge Charles W.
Slack's collection. Although Mehl's enthusiasm got the better of
his grammar at times, his description faithfully recorded the
history of the Schultz & Co. $5, and established it as one of
the rarest and most valuable issues in the Territorial gold series.
The lot realized $1,250, a huge sum at the time, to famous
collector John Work Garrett. The popularity of the Schultz &
Co. $5 has grown steadily over the years, and recent auction
appearances include the sale of the AU53 piece in lot 5957
of our August 2013 Rosemont Signature Auction, which realized
The Riverboat Collection example is by far the finest-known example
and the only coin certified in Mint State by either of the leading
grading services. It was unknown to early collectors, as it was
only discovered in December of 1982 by James Owens, of Sand City,
California. Owens found the coin on a deserted beach near Monterey,
with the help of a metal detector. Pacific Coast Auction Galleries
featured the coin in their June 1987 Long Beach Sale. This is only
its second auction appearance and it has been off the market for 27
The design elements of this attractive MS62 example are sharply
detailed in most areas, with just a touch of softness on the
eagle's right (facing) claw. Several Schultz & Co. five dollar
coins show a dramatic die break on the reverse, from the rim above
the eagle's wing to the rim above the letter L in GOLD. This piece
must have been one of the last coins struck, as the break has
developed into a large cud. The attractive, slightly granular
surfaces retain much of their original mint luster and show only
minor signs of contact. A thin luster graze below star 13 is an
easy pedigree marker, although the superior condition of this piece
makes it hard to confuse with any other example. Eye appeal is
head-and-shoulders above that of any other Schultz & Co. $5. As
B. Max Mehl said in his historic description, the opportunity to
acquire any Schultz & Co. $5 is a rare event. The chance to bid
on this finest-known example has
come only once before in its 163-year history. Territorial gold
enthusiasts should bid accordingly.
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Website Tips: Budget bidding on Heritage
|Have you ever wanted
to set a budget for your purchases from one of our auctions?
Heritage Live! provides the opportunity for you to do just
Near the bottom of the page below the listings of lots, you will
see a link to set a budget for your Heritage Live purchases. Click
on the link, and the page overlay will ask you to enter your
budget. You can change or remove your budget at any time.
Once the budget is in place, it will sum up all of your Heritage
Live purchases as they occur. Any Heritage Live proxy bids that
exceed your budget will not be executed; however, you still have
the option to bid live on any lot even if the live bid will exceed
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The ten highest valued Washington quarters to sell in Heritage
auctions, one per issue:
Do you have a suggestion for a future top ten list?
Send it to us!
- 1932-D 25C MS66 PCGS.
- 1932 25C MS67 PCGS. Realized
- 1932-S 25C MS66 PCGS Secure.
CAC. Realized $35,250.
- 1950-D/S 25C MS67 PCGS. CAC.
- 1941 25C MS68 PCGS Secure.
CAC. Realized $23,500.
- 1948-S 25C MS68 PCGS Secure.
CAC. Realized $23,500.
- 1943 25C MS68 PCGS. Realized
- 1934-D 25C Medium Motto MS67
PCGS. Realized $21,850.
- 1937 25C Doubled Die Obverse
MS66 PCGS. CAC. Realized $21,150.
- 1941-D 25C MS68 PCGS. CAC.
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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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Tiffany Kashmir Sapphire Gold Ring
May Bring $175,000
A Tiffany & Co. Kashmir sapphire diamond platinum-topped gold
ring could sell for $175,000+ to lead Heritage Auctions' Fine Jewelry Signature
Auction April 29 in New York. The auction is a mosaic of unique
creations spanning the Georgian era to the present day.
Jill Burgum, Heritage's Senior Director of Fine Jewelry, said
experienced jewelry connoisseurs can expect a robust selection of
estate jewelry, rare colored gemstones, and name brand designs both
contemporary and vintage.
"White and fancy colored diamonds from 2.00 to 11.00 carats also
play an impressive role in the upcoming auction," she said. "A
highlighted lot is an 11.03 carat pear-shaped
diamond accompanied by a GIA certificate stating I color,
VS2 clarity and carries a pre-sale estimate of $150,000+."
Colored gemstones captivate the eye with vibrant bursts of color
and leading the auction's extensive selection is a Columbian
emerald and diamond
ring by Kurt Wayne, accompanied by GIA and AGL certificates,
valued at $150,000. A rare Emerald White Gold
Necklace — featuring the 3.40 carat Heart of Carolina Emerald —
is estimated to sell for $25,000+. The heart-shaped emerald is
incredibly rare as North America is not known for producing
emeralds — outside of one area, Hiddenite, N.C. The Heart of
Carolina Emerald was discovered in 1998 and ranks as #13 on the
list of largest emeralds ever mined in North America.
A Fancy Yellow Diamond,
Diamond, Gold Ring, from the private collection of Toni
Tennille of American recording artists Captain & Tennille and
set with two yellow diamonds weighing a total of approximately 4.73
carats and enhanced by full-cut diamonds, could sell for
An extremely rare Archaeological Revival
'Cave Pearl' necklace by legendary goldsmith Carlo Giuliano, in
its original fitted box, could sell for $40,000+. Fashioned from
diminutive limestone deposits subjected to millennia of water
dripping deep inside a cave, the 100+ year old necklace is the
oldest piece in the auction. Another Victorian find, an exceptional
Natural Pearl, Diamond,
Ruby, Silver-Topped Gold Brooch, features a natural baroque
pearl notable for its exceptional size, fine condition and natural
origin. The brooch is enhanced by a second natural baroque pearl,
which increases the pieces' gross weight to an impressive 18.90
grams, could sell for $40,000+.
"Name brand designs by firms such as Cartier, Tiffany and Van Cleef
& Arpels remain popular purchases among our clients and we
expect some recent additions will bring added attention and
increased bidding," Burgum said. "I am excited to offer a single
owner collection of Angela Cummings designs for Tiffany & Co.,
including an Opal, Black Onyx, Gold
Bracelet, estimated at $9,000+; an iconic Jadeite Jade, Gold 'Lotus
Root' Bracelet, estimated at $7,000+; and a Coral, Jasper, Gold
Bracelet, which could sell for $9,000+."
More information about fine jewelry
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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
June 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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