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Coin News
In This Issue:
Summer FUN Auction Opens For Bidding
Seldom Seen Selections: Landmark Gem 1871-CC quarter
Website Tips: Take 4 months to pay
This Week's Top Ten
Employment Opportunities
Around Heritage Auctions
Instant Quiz
Is It Time To Sell?
Current Auctions

June 21, 2014
Newsletter Archive
Last Issue
Summer FUN Auction Opens For Bidding
1802 10C JR-2, R.5, MS62 PCGS Secure 1802 10C JR-2, R.5, MS62 PCGS Secure
The time is right for more Summer FUN! We always look forward to our Orlando auction in early July, and once again there is plenty to like in the sale. Historically, this event is known for its "loaded" Premier Session that gathers together a dazzling assortment of U.S. coins from colonials to modern rarities. The feedback we receive from our customers says this is what you like most about the auction ... and we do, too.

1907 $10 Wire Rim MS64 PCGS Secure 1907 $10 Wire Rim MS64 PCGS Secure
Summer FUN would not be possible without an outstanding selection of featured consignments, including the exceptional J.S. Morgan Collection, the #3 all-time PCGS Registry set of gold dollars; The Kimo Collection, featuring a wide-ranging group of carefully selected and eye-appealing U.S. type coins; and a remarkable collection of Indian Head eagles and high-grade Liberty Head and Saint-Gaudens double eagles from The Gary Lee Rozinski Collection, as well as many other specialized consignments in just about every series.

Among this auction's offerings you will find:

Impressive 8.25 troy oz. gold nugget
Just a few of the many other highlights of this auction include:

1807 25C B-2, R.3, MS64+ NGC 1807 25C B-2, R.3, MS64+ NGC
1889-CC $1 MS63 NGC. 1889-CC $1 MS63 NGC.
Floor Sessions for this auction start on Thursday, July 10th at 1:00 PM ET, with the Premier Session scheduled for the same evening at 6:00 PM ET. Additional floor and internet-only live sessions continue through July 13 at HA.com/Coins.

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Seldom Seen Selections: Landmark Gem 1871-CC quarter
1823/2 25C PR64 PCGS Secure. CAC. B-1, Unique as a Proof.
1823/2 25C PR64 PCGS Secure. CAC. B-1, Unique as a Proof.
One of the innumerable highlights of the June 23 Eugene H. Gardner Collection, Part 1 US Coins Signature Auction is a gem 1871-CC quarter, one of only three Mint State survivors known for the date. This legendary quarter was one of the stars of the Battle Born Collection auctioned by Stack's in August 2012, a phenomenal, stellar set of Carson City coinage assembled by numismatist, coin dealer, and Carson City Mint expert Rusty Goe, the author of the invaluable The Mint on Carson Street as well as the lesser-known James Crawford, Master of the Mint at Carson City: A Short, Full Life.

In every landmark collection, no matter how grand, there are certain coins that will stand out from the crowd and remain in the "collective" memory long after the headlines have been written, the press releases issued, the bidder cards thrown away, and the numismatic community looks forward to the Next Big Thing. This is one such coin, a standout in any crowd.

The surfaces of this coin are pristine and uniformly well-preserved, showing not a single mark or mentionable distraction. It has been debated in the past as to whether this piece could be some sort of special presentation piece, although we believe it is "merely" a nice, reflective prooflike business strike, fortunately preserved with loving attention — perhaps by early series specialist Ard Browning or some other unknown numismatist, to whom collectors will, nonetheless, forever owe a debt of thanks.

The prevailing color is a soft pearlescent silver-gray, interspersed with accents of olive, copper-russet, blue-gray, and amber. Despite the moderate color, vibrant luster percolates from each side. The reverse is fully struck and the obverse nearly so, save for a lack of absolute definition on a few of the left-side peripheral stars.

In MS65 grade with the added CAC green sticker, this piece is the sole finest PCGS-certified example of this second-year Carson City quarter. It is the only Gem example of this issue with the CAC endorsement, and given that and its PCGS certification, we consider it to be the most valuable 1871-CC Seated quarter. It is a matter of subjective judgment whether this piece or the Eliasberg MS65 NGC example is the more beautiful coin, but both are of marvelous aesthetic and technical quality.

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Website Tips: Take 4 months to pay
For our many clients who see something they want in one of our auctions, but may not have enough cash on hand to immediately pay for it, we are pleased to offer an Extended Payment Plan for many of our Signature and Grand Format auctions.

The features of the plan are as follows:

  • Minimum invoice total is $2,500.
  • You may take up to four (4) months to pay the balance (monthly payments of at least 1/6th of invoice total).
  • Interest is calculated at only 1% per month (12% annually) on the unpaid balance, and must be kept current.
  • Minimum down payment is 25% within two weeks of the sale date. All down payments made beyond this 2 week window will require a 35% down payment, and the term will be shortened to 3 months.
  • to a refundable 3% set-up fee, which will be paid as part of your 1st monthly installment. This fee will be refundable upon completion of the plan if the following conditions are satisfied:
    • All payments (including the down payment) must be made on-time per your specific EPP schedule (there will be a brief grace period).
    • All payments must be made using one or a combination of the following payment methods: cash, check, cashier's check, eCheck, money order, or bank draft.
  • There is no penalty for paying off early.
  • Non-dealers only
  • With pre-approved credit application
All traditional sales policies still apply. Due to the nature of the business and market volatility, there is no return privilege once you have confirmed your sale, and penalties can be incurred on cancelled orders. To participate in this program, follow these steps:

  1. Get pre-approved by filling out a credit application.
  2. Bid normally and win some lots.
  3. Heritage will maintain possession of all the lots until paid in full. Therefore, you must notify us of your intent to use our Extended Payment Plan on or before the day of the auction. All pre-shipped material must be returned to Heritage in order for the plan to be in effect.
  4. When you get your electronic invoice, select "other" from the payment options.
  5. Send an e-mail to CreditDept@HA.com indicating the invoice number and your intention to use the Extended Payment Plan.
The Extended Payment Plan is also available for inventory items available directly from Heritage. Terms are similar, except that you may take up to 4 months to pay, the minimum down payment is 20%, and the minimum invoice total is $2,000.

The Extended Payment Plan is not offered for Weekly Internet Auctions and may not be available on specific items or for specific Signature and Grand Format auctions. Please review the home page of the auction and item you are interested in to confirm that the Extended Payment Plan is available.

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This Week's Top Ten
The ten highest valued circulated Seated Liberty coins to appear in Heritage auctions:
1870-S $1 XF40 NGC
1870-S $1 XF40 NGC

  1. 1870-S $1 XF40 NGC Realized: $805,000
  2. 1870-S $1 XF40 PCGS Realized: $763,750
  3. 1878-S 50C XF40 PCGS Realized: $86,250
  4. 1873-CC 25C No Arrows XF40 NGC Realized: $79,350
  5. 1873-CC 25C Arrows AU55 PCGS Realized: $74,750
  6. 1878-S 50C XF40 PCGS Realized: $74,750
  7. 1870-CC 25C AU53 NGC Realized: $70,500
  8. 1851 $1 AU58 PCGS Realized: $70,500
  9. 1873-CC $1 AU55 PCGS Realized: $64,625
  10. 1874-CC 10C Arrows AU50 NGC Realized: $63,250
A repeat appearance by one coin has been omitted.

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

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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
  • Coin Buyer
  • Modern & Contemporary Art Specialist: (New York)
  • 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 Services Representative
  • Desktop Support Technician
  • Digital Photography Retoucher
  • e-Publishing Expert
  • Graphic Web Designer
  • Interns
  • Shipping Associate
  • Sr. Decorative Arts Specialist/Cataloguer
  • Website Quality Assurance Analyst
If you are interested in applying for one of these Corporate positions, please apply here.

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Around Heritage Auctions
1,400-Lot Heritage Estate Auction Includes European Paintings, Fine Jewelry

Fine & Decorative Arts Including Estates Signature Auction
A strong selection of important European paintings, including Perroquet, 1958, by Bernard Buffet (est. $40,000+), and Saint-Jean Baptiste, circa 1931-39, by Georges Rouault (est. $40,000+) highlights 1,400+ lots in Heritage Auctions' June 21-22 Fine & Decorative Arts Including Estates Signature Auction in Dallas. The auction features a hand-picked selection of fine jewelry and decorative arts.

"The quality and variety of the European paintings in this auction is incredible," said Brian Roughton, Director of American and European Art. "Superb selections by Victor Gilbert, Edmond Jean De Pury, Giorgio de Chirico and Georges Rouault are just a few of the masters in this wide-ranging auction."

More than 200 works of important European art is led by a diverse group of French artists including important works by Victor Gabriel Gilbert, depicting his distinctive Parisian market scenes: Paris, Place de la République (est. $40,000+) and Le Pont Nuit (La Place Dauphin), circa 1890-95, (est. $30,000), which was recently discovered in a private collection in Arlington, Texas. Edouard-Léon Cortès' Rue de Lyon, Bastille and Guillaume Seignac's Cupid's Secret (both est. $40,000+ each) both appear on the market for the first time in more than a decade.

At the Well
Additional European artists featured in the auction include Swiss artist Edmond Jean De Pury, whose At the Well, circa 1880, (est. $40,000+) epitomizes his favorite subject capturing the local colors of Rome, Capri, and Venice. Artworks such as The Contact by Juan Pablo Salinas Y Teruel (est. $30,000+) and Snowdon, from Above Llyn Llydow, North Wales, by Sidney Richard Percy (est. $15,000+) are also to be offered.

Among the special collections in the auction is a selection of Modern and Contemporary art from the Estate of Ray Frost Fleming, a Cranbrook Academy of Art graduate, notable studio artist, and owner of the Robert Kidd Gallery in Birmingham, Mich. A bronze by Marshall M. Fredericks titled Warrior Saint, from the Seven Saints and Sinners, 1939, (est. $10,000+) is on offer along with Beverly Mayeri's Gasping for Life (est. $1,500+).

Milton H. Greene, Legs Crossed
An alluring and historic choice collection of photographs of Marilyn Monroe include Untitled (Legs Crossed), 1953, one of six images by Milton Greene, and Marilyn Monroe, from The Last Sitting, 1962 (est. $2,500+) by Bert Stern.

More than 200 pieces of estate jewelry are included in the auction, including a Gentlemen's Diamond Gold Ring, featuring a European-cut diamond (est. $4,000+), and a pair of Peridot Diamond White Gold Earrings by Eli Frei (est. $3,000+).

More information about fine and decorative art auctions.

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Instant Quiz

1. Which of the following catalog numbers describes patterns?
       A) Bass-Dannreuther numbers
       B) Bowers-Borckardt numbers
       C) Fivaz-Stanton numbers
       D) Judd numbers
       E) Sheldon numbers

2. What was the first year the words "Half Dime" appeared on a US coin?
       A) 1792
       B) 1794
       C) 1829
       D) 1837
       E) 1838

Last week's question:

1. What is the facevalue of a Polupotinnik?
Correct Answer: B) A quarter rouble (30%).

2. Which of the following coin types is known with a W mintmark?
Correct Answer: C) Roosevelt dime (52%).

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Is it Time to Sell?
For the 45th time, Heritage has been selected to present a prestigious ANA auction, this time at the ANA World's Fair of MoneyTM in Chicago. With 500+ tables and a very robust market, we expect this to be one of the most exciting shows in years.

We have already gathered many wonderful consignments and impressive rarities for these auctions. If you have been considering selling, contact Heritage today at 800-872-6467 x1000 (US Coins), x1001 (Currency) or x1005 (World Coins) to take full advantage of this important event.

2014 August 6 - 11 World and Ancient Coins Signature Auction - Rosemont
Consignment Deadline: June 23, 2014

2014 August 5 - 11 Currency Signature Auction - Rosemont
Consignment Deadline: June 23, 2014

2014 August 6 - 10 ANA US Coins Signature Auction - Rosemont
Consignment Deadline: June 23, 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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Current Auctions
Coin and Currency Auctions
June 23 The Eugene H. Gardner Collection of US Coins Signature Auction - New York #1213
June 23 The Eugene H. Gardner Collection of US Coins Signature Auction - New York #1213
View Lots
July 10 - 13 Summer FUN US Coins Signature Auction - Orlando #1207
July 10 - 13 Summer FUN US Coins Signature Auction - Orlando #1207
View Lots
Sunday Internet Coin Auction
Sunday Coins
June 22
Tuesday Internet Coin Auction
Tuesday Coins
June 24
Tuesday Internet Currency Auction
Tuesday Currency
June 24
Weekly World Coin Auction
Thursday World Coin
June 26
Monthly World and Ancient Coin Auction - Selections from the Eric P. Newman Collection
Monthly Selections from the
Eric P. Newman Collection

June 26
Signature Auctions
June 21 - 22 Fine & Decorative Arts Including Estates Signature Auction - Dallas #5175 June 21 - 22 Fine & Decorative Arts Including Estates Signature Auction - Dallas #5175
View Lots
June 26 Lomasney Vintage Movie Art Posters Benefiting Lifebeat Monthly Internet Charity Auction - Dallas #181425 June 26 Lomasney Vintage Movie Art Posters Benefiting Lifebeat Monthly Internet Charity Auction - Dallas #181425
View Lots
June 30 Doodle for Hunger Illustration Art Auction Benefiting St. Francis Food Pantries and Shelter - Dallas #574 June 30 Doodle for Hunger Illustration Art Auction Benefiting St. Francis Food Pantries and Shelter - Dallas #574
View Lots
July 1 - 2 Animation Art Signature Auction - New York #7103 July 1 - 2 Animation Art Signature Auction - New York #7103
View Lots
Other Internet Auctions
Sunday Internet Movie Poster Auction
Sunday Movie Posters
June 22
Sunday Internet Comics Auction
Sunday Comics
June 22
Sunday Internet Sports Auction
Sunday Sports
June 22
Tuesday Internet Watch & Jewelry Auction
Tuesday Jewelry
June 24
Weekly Internet Luxury Accessory Auction
Tuesday Luxury
June 24
Weekly Internet Rare Books and Autographs Auctions
Thursday Books
June 26
Auction Schedule | Order a Catalog
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