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| Collector
News |
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Great Collections Offered in Long Beach
Heritage is especially proud to be
offering some incredible collections in our May
2008 Long Beach Signature Auction, to take place on May 28-31. We are
especially gratified when a fellow professional numismatist consigns his
personal treasures to our auctions; this is the highest honor that any dealer
can offer to a colleague and competitor. When a dealer with decades of
experience selling coins comes to Heritage, it verifies that we achieve the
highest prices possible in the marketplace. It is a compliment to our marketing
skills and the voracious numismatic appetites of our clients, especially for the
wonderful rarities that are included in the Col. Steven Ellsworth Collection of
U.S. Half Cents.
We are also offering a magnificent collection of early coins in the Liberty
Collection of U.S. Colonial Coins. If you are a connoisseur, we hope that you
have been budgeting for these incredible coins. Many of them were obtained in
previous Heritage auctions, so many sophisticated collectors will have a second
chance to enlarge their holdings of many rarities that only appear on the market
once a decade or so. This Colonial cabinet provides even experts a rare
opportunity to continue to build or complete their collection.
Also included are wonderful Indian cents from Part One of the Estate of
Robert R. Rollins Collection, many substantially pedigreed quarters and half
dollar rarities from the Silbermünzen Collection, and many more coins and anchor
consignments.
With both U.S. and World catalogs, Heritage is offering an incredible array
of important coins at Long Beach, so we recommend that you start your buying
research now! As efficient as you may find our free Permanent Auction Archives
at HA.com, narrowing down your favorites simply takes time when you have so many
thousands of exciting lots. And with so many pieces of rarity and quality, you
want to maximize your chances of buying - after all, your important collection
deserves such promising lots. In the Archives, you will find amazing images, lot
descriptions, and prices realized data from more than a decade of past
numismatic auctions - more than 1.4 million numismatic items! You can be as
fully informed as the most active dealer or other collector.
We look forward to your bids, and to your bidding success in this exciting
event. We wish you luck in procuring marvelous coins or notes - and if
experience is any guide, between one thousand and two thousand bidders will be
successful in this auction. We invite you to join us in Long Beach, but if you
cannot, then place your bids via our Interactive Internet system. You should
also try our Heritage Live bidding system, which allows you to bid at the floor
session via the Internet, as though you were there!
A few highlights of this auction include:
- 1737
COPPER Higley Copper, CONNECTICVT VF25 PCGS.
- 1776
$1 Continental Dollar, CURENCY, Pewter MS62 PCGS.
- 1922
No D 1C Strong Reverse MS64 Red and Brown NGC.
- 1891-O
25C Specimen MS65 NGC.
- 1892-O
50C Micro O MS65 NGC.
- 1794
$1 VF30 PCGS.
- 1846
$1 PR65 PCGS.
- 1808
$2 1/2 MS61 NGC. Breen-6125, BD-1, R.4.
- 1795
$5 Small Eagle AU58 NGC.
- 1842-C
$5 Small Date AU58 PCGS.
- 1907
$10 Wire Rim MS67 NGC. Judd-1901, formerly Judd-1774.
- 1855
$50 Wass Molitor Fifty Dollar MS61 NGC. CAC. K-9, R.5.
- 1803
1C Large Date, Small Fraction, S-264, B-24, High R.4. NCS. AU Details.
- 1796
50C 15 Stars, O-101, R.5 AU55 NGC.
- 1800
$1 Dotted Date, B-14, BB-194, R.3 MS66 NGC.
- 1899
$10 PR68
Ultra Cameo NGC.
This auction will open for bidding soon at www.HA.com/Coins.
Back to Top Seldom Seen
Selections: The Super-Rare O-118
 As a part of our May
Long Beach Signature Auction, we are pleased to present the finest known O-118
variety of the 1825 half dollar - a newly discovered example and one of only
three R.8 varieties within the entire Capped Bust half series.
The 1825
Overton-118 is identified by a heavy vertical die break between the 25 in
the date. Two Bust half experts, Glenn Peterson and Brad Karoleff, believe the
break occurred during hardening of the die prior to use. This die break
undoubtedly led to early disposal of the obverse die. The reverse die continued
in use, paired with a different obverse to strike O-103. The workhorse reverse
die earlier struck the 1824 O-116.
Just three examples of O-118 are known. Al Overton, who died in 1972, was
unaware of the variety. According to an April 7, 2008 Coin World article,
the discovery piece was found at an Oregon coin shop by Olin Carter, circa 1983.
Per Capped Bust authority Sheridan Downey, "it is the Overton plate coin, graded
Fine for sharpness but with dull, washed out surfaces."
The second O-118 to surface was sold unattributed within a group lot to
Charles Erb, circa 1990. Erb's example found its way to Charlton "Swampy" Meyer
Jr., who owned the most complete die variety collection of Capped Bust halves.
According to Downey and Coin World, that example "grades VF with
attractive album toning on the obverse. The reverse is lightly wiped."
The April 7 Coin World article states, "based on the conditions of the other
two examples of the variety, the new discovery [of O-118] would be the finest
known... Sheridan Downey believes the new discovery ... could bring from $75,000
to $100,000."
The
present piece, the third known O-118 1825 half, has been graded VF20 by
ANACS and displays deep apple-green and gunmetal-gray toning. The fields are
slightly glossy and exhibit a few hair-thin marks, made nearly imperceptible by
the toning. A thin, slender mark near the ear is also unobtrusive. Wear is even
and moderate, with ample plumage definition present on the eagle.
To the best of our knowledge, this is the first major auction appearance for
the variety, which was absent from the extensive and formidable die variety
collections of Jules Reiver and Russell Logan. The next owner of this coin may
hold it for many years, then sell it privately or even donate it to a museum and
permanently take it off the market. The opportunity to acquire an O-118 1825 at
public auction is here, but fleeting.
Back to Top Website Tips:
Currency Converter
As you may know, we do business with clients from countries all over the
world. Because our auctions are conducted in the US, however, all prices are in
dollars, leaving prices potentially a bit of a mystery to our clients from
abroad.
Now, we have added a new feature on each of our individual lot pages. To the
right of the area where you place your bid, there is a quick link to a currency
converter. Click on the icon or
the "currency converter" link to start.
Choose the currencies you wish to convert to and from, and the amount. By
default, the choices will convert the amount of the next bid in US Dollars to
Euros. Change the dollar amount in order to calculate a higher bid, or change
the type of currency on the right to convert to other common currencies like the
Canadian Dollar, Great Britain Pound, Japanese Yen, and so on. A little
imagination with the currencies on both sides and you can convert any amount of
any kind of currency to any other currency; there is no restriction as to how
you use the converter. In fact, you can even use the converter to find the
prices of precious metals!
Please keep in mind that this information is provided to help with bidding
decisions only. Rates will fluctuate over time, and the actual amount you will
be invoiced may be different than what is displayed on the converter. All
Heritage invoices are billed in U.S. dollars.
Back to Top Numismatic
Glossary
AE: Shorthand for copper or bronze. Used with ancient coins. AE
followed by a number may mean a copper coin with a diameter of a certain number
of millimeters. Alternatively, for some fourth and fifth century Roman coins, AE
may be followed by a number between 1 and 4 to express the relative size of the
coin, with the larger number being the smaller coin. AR: Shorthand for
silver, used with ancient and sometimes medieval coins. AV: Shorthand
for gold, used with ancient coins.
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| Announcements
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Attention Collectors: An Essential Resource Just Got
Better!
We have exciting news for you! Three
volumes of the Standard Catalog of World Coins are now available in digital
format-providing portable pricing at your fingertips!
This exciting DVD
collection contains full content from three books in the respected series:
the Standard Catalog of World Coins 2001-Date, Standard Catalog of World Coins
1901-2000 and Standard Catalog of World Coins 1801-1900. You can easily bring
them to shows or conventions-or anywhere else your hobby might take you!
The DVDs grant you instant access to 3,760 pages of expertise from our top
market analysts-all in an enhanced, fully searchable PDF format that makes
finding coin facts faster than ever.
Order today, and enjoy these exclusive features:
- Up-to-date pricing of world coins from 1801 to present
- 82,000+ images you can clearly enlarge to 300% for easy identification
- Fast access to any country's coins through simple alphabetical searches
- Printable pages that let you leave your big books at home
- And more!
With the Standard Catalog of World Coins 3-Volume DVD Set, 50 years of coin
collecting wisdom is just a click away! But supplies are limited-so reserve
yours now!
The 3-disc DVD set is only $84.95 for Heritage members (15% off the
regular price), s&h included!
Click
Here to place your order!
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| Employment
Opportunities |
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Once-in-a-Lifetime Opportunity for One Top Stamp
Expert
Heritage Auction Galleries will be launching a Rare Stamps Department in
2008. We are seeking the very best available nationally recognized rare stamp
expert to build and operate this new division.
Applicant must have impeccable reputation, expertise and integrity, as well
as extensive experience buying, selling, appraising and cataloging stamps.
Our goal is to leverage Heritage's unmatched collectibles Internet and
marketing platforms in order to establish the top stamp auction house in the
world over the next few years. We have already achieved market dominance in
several similar categories within just a few years of entering those fields,
including comic books, rare currency, illustration art, movie posters, Civil War
memorabilia, and several others.
This position is based in Dallas. You will be allowed to recruit and build a
staff from the ground up.
Great working conditions and benefits, and unlimited growth potential for the
right person.
Salary and incentive package commensurate with experience and qualifications.
Please e-mail your resume, and references to Paul
Minshull.
Back to Top
Currency Cataloger Wanted
As you probably know,
Heritage Currency has grown substantially in the last couple of years. We are
looking for at least one person to help us describe notes for our Internet and
Signature Auctions. You must know U.S. Currency and be able to express your
knowledge in written form. This position is based in Dallas. If you are
interested, please contact Paul@HA.com.
Help Wanted: Ancient Coin Expert
Heritage is looking for a numismatist with expertise in ancient coins to join
our staff. Duties will include evaluating potential consignments, cataloging,
assisting consignors in person and by telephone, both in Dallas and elsewhere.
Salary will be commensurate with skills and experience. This is a full time
position based in Dallas.
Please contact Paul Minshull at Paul@HA.com
for more information.
Back to Top
Help Wanted: Numismatist
Heritage Auction Galleries, Dallas, Texas is seeking a talented numismatist
for our sales department. Duties include assisting dealers and collectors and
auction consignors in person and by telephone, evaluating prospective purchases,
in Dallas and shows and conventions. Salary commensurate with numismatic skills
and sales experience.
Please contact Paul Minshull at Paul@HA.com
with your background and experience.
Back to Top
Help Wanted: Coin Cataloger
With the Summer FUN, ANA, and Long Beach Signature Auctions coming up over
the next few months, we are looking for at least two people to help us describe
the lots in these sales. You must know U.S. coins and be able to express your
knowledge in written form. These are contract positions based in Dallas. If you
are interested, please contact Paul@HA.com
Back to Top
View
All Employment
Opportunities
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| Around
Heritage Auctions |
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The Largest Currency Auction Ever!
The Official Currency
Auction of the Central States Numismatic Society convention, held by
Heritage Auction Galleries, realized $14,164,504, the largest currency auction
ever.
This auction surpassed even our fabled Taylor Family Collection auction in
February of 2005. We were incredibly pleased with the results at Central States,
but even more astonishing was the bidder participation. We have never seen so
many bids placed through every means. On many lots, we would open and ten cards
would shoot up in the room, and they would be competing against three bidders on
the telephone and two more on Heritage Live. The bidding on many lots was so
intense - and sustained - that they took ten minutes to sell! Many of the
dealers present expressed their astonishment.
As we expected, the market is continuing to react most strongly when rarity
and quality are combined, but either one of those elements was sufficient to
inspire spirited bidding. This was our best Central States Currency auction
ever, and we are looking forward to our September auction in Long Beach.
Highlights from Heritage's Rosemont Central States Currency Signature
Auction:
- Fr.
1160 - One of Only Five Known $50 National Gold Bank Notes. Ex-Amon Carter.
Realized: $373,750
- Fr.
377 - 1890 $100 "Watermelon" Note, PMG AU 53 Net. Ex-Amon Carter Realized:
$195,500
- Fr.
822a - 1915 $20 FRBN, PMG XF 40 - Unique. Realized: $161,000
- Fr.
952b - 1914 $20 Red Seal FRN, PMG XF 40 - One of only three known. Realized:
$138,000
- Fr.
2231-B . 1934 $10,000 FRN from Binion's Horseshoe, CGA Gem 65. Realized:
$126,500
- Fr.
2231-B . 1934 $10,000 FRN from Binion's Horseshoe, CGA Choice 63. Realized:
$109,250
Click Here to
receive more information about historical auctions.
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| Coin
Club Outreach Program |
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In a move to help strengthen the coin hobby and increase membership in
America's coin clubs, Heritage has created the Coin Club Outreach program.
The Coin Club Outreach program features a speaker's bureau to deliver
presentations at coin club meetings, promotional items to be offered to clubs to
help generate revenue and enlist new members, and targeted e-mails to local
subscribers on the Heritage website of over 350,000 active coin and currency
enthusiasts who may be within driving distance of the club. Anyone interested in
scheduling a speaker for a coin club or other collector group is invited to
contact:
 |
David Lisot, Director Heritage Coin Club Outreach DavidL@HA.com 1-800-872-6467
ext. 1303 | |
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| Is
It Time To Sell? |
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Hot FUN in the Summer Time
Join leading collectors and dealers from across America and around the globe
at Summer '08 FUN! FUN's wonderful conventions are traditionally the best
attended in the country, and the West Palm Beach location is in the heart of one
of America's most prosperous communities. FUN and Heritage together attract the
consignments and the bidders necessary for great auctions, and we have ready
clients for coins valued from $300 to $3 million!
We invite you to be a part of this important and exciting event, and one call
is all it takes! Call our consignor hotline today at 800-872-6467, x1000, and
make numismatic history at FUN, while realizing the top value for your coins.
The consignment deadline is May 18, so please call today!
2008 June West Palm Beach, FL (Summer FUN) Signature Coin
Auction June 25 to June 28, 2008 Consignment Deadline: May 18,
2008
Interested in
Selling? What's
My Coin Worth? Get
the Most Money for Your Collection Consign
to a Heritage Auction
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| Letter
of the week |
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I must say that all my dealings with Heritage, both as a consignor and a
buyer, have been so above and beyond any expectations I've had, it's remarkable
and I have to tell you how many people I've told about it. I hope some day we
can meet in person. I have had extensive dealings with all the major auction
houses around the world and I must tell you that the dealings with you, both
personally and Heritage-wise have been head and shoulders above them all.
Without exception, every request, every suggestion, every service
performed...all have been at worst flawless and at best...just simply THE
BEST.
B.G., New Mexico
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