Coin News: Chinese Provincial coinage leads results in $4.3 million Hong Kong auctions

Heritage Auctions' Coin Newsletter [Read this newsletter online]( [Heritage Auctions]( [Coin News]( In This Issue: • [Chinese Provincial coinage leads results in $4.3 million Hong Kong auctions](#collector-a) • [Seldom Seen Selections: The finest certified 1860-O Twenty](#collector-b) • [Website Tips: Buy Now and Minimum Offer for Make Offer to Owner lots](#tips) • [This Week's Top Ten](#top10) • [Around Heritage Auctions](#around-1) • [Is It Time To Sell?](#sell) • [Current Auctions](#current) July 3, 2018 []Chinese Provincial coinage leads results in $4.3 million Hong Kong auctions [Chekiang. Kuang-hsü 50 Cents ND (1898-99) MS67 NGC]( [Chekiang. Kuang-hsü 50 Cents ND (1898-99) MS67 NGC]( Outstanding rarities from the W&B Capital Collection led the way as [Heritage's June 28-29 Hong Kong auction of world coins]( saw over $3 million in numismatic treasures change hands. All prices include a 20% Buyer's Premium. Two extreme rarities from Chekiang were among the highlights of this auction. A [Kuang-hsü 50 cent piece, issued in 1898-99 by the Hangchow Mint]( is very rare in all grades, but not known in a finer grade than the NGC-certified MS67 example offered in our Hong Kong auction. It sold for $105,600 in our auction. An even rarer [Dragon Dollar from the same time period grades MS66, as certified by NGC]( compared to three VF Details coins that are the only examples to have been offered in public auctions in the last ten years. It sold for $440,000 as a Post-Auction buy. From Kiangnan comes an [amazing Kuang-hsü 50 cent piece, dated 1899]( considered the rarest issue of all Kiangnan coinage. Graded MS62 Prooflike by NGC, this example is by far the finest known of this rarity, with the only other certified examples in the AU range. This coin hammered for $312,000. Additional highlights from our Hong Kong coin offerings included: - [Republic gold Pattern "Dragon & Phoenix" Dollar Year 12 (1923) MS64 NGC]( - [Hsüan-t'ung Pattern "Long-whiskered Dragon" silver Dollar Year 3 (1911) MS63 NGC]( - [Szechuan. Kuang-hsü 50 Cents ND (1901-08) MS63 PCGS]( - [People's Republic 36-Piece Complete Year Set of NGC-Certified gold 1 oz Pandas]( - [Republic Yuan Shih-kai Plumed Hat gold Pattern Dollar ND (1914) MS62 NGC]( - [Kiangnan. Kuang-hsü Dollar CD 1898 AU Details (Chop Mark) PCGS]( The associated June 27-29 World Currency auction raised over $1.3 million for its consignors. The top lot was a [Gem 1936 Central Bank of China 1 Yuan note, graded Gem Uncirculated 65 EPQ by PMG](. This variety, issued in very small amounts, is elusive in any grade and extremely rare in an as issued state. It brought $84,000 when the bidding came to a close. Our next offerings of world coins and currency are scheduled for August 14-17 at the ANA convention in Philadelphia, with bidding expected to open near the end of July. Preview these auctions now at [coins.HA.com]( and [currency.HA.com]( [Back to Top](#top) []Seldom Seen Selections: The finest certified 1860-O Twenty [1860-O $20 MS61 NGC]( After the San Francisco Mint opened in 1854, most of the bullion from the California gold fields went to that facility for coinage and bullion deposits dropped precipitously at the New Orleans Mint. Accordingly, only small mintages of double eagles were turned out at the New Orleans Mint after that time. Only 6,600 O-mint Liberty double eagles were coined in 1860, the third-smallest production total of the New Orleans series behind only the 1854-O and 1856-O, both major rarities. The coins were all released into circulation at the time of issue and circulated widely in domestic and overseas trade. It is doubtful that any were saved by contemporary collectors, as there was little numismatic interest in high-denomination gold coins in general, and branch mint issues in particular. As might be expected, the 1860-O is extremely rare in high grade today. Only two specimens have been certified in Mint State grades, both at NGC. One is the MS60 Prooflike example that was recovered from the wreck of the S.S. Republic. The other is the coin we are featuring in our [July 12-15 Summer FUN Signature Auction](. Collecting double eagles did not become popular in this country until after the Gold Recall of 1933, because the high face value of each coin made setting aside a comprehensive date run of twenties too expensive for all but the most affluent collectors. The 1860-O began appearing at auction soon after the presidential order took effect. [This coin is the finest-certified example of this elusive O-mint date]( graded MS61 by NGC. The design elements are much sharper than the norm for the issue, which is known as something of a strike rarity. Liberty's hair is unusually sharp on this piece and only star 3 shows slight softness on the obverse. The reverse devices are sharply rendered throughout. Like many examples seen, the yellow-gold surfaces display much prooflike reflectivity in the fields and show the expected number of minor contact marks for the grade. The overall presentation is most attractive. This coin boasts the highest available technical quality, strong historic interest, and absolute rarity. We anticipate a record price, since there is no finer 1860-O double eagle that has appeared at public auction, nor is there any finer specimen indicated in any reference. [Back to Top](#top) []Website Tips: Buy Now and Minimum Offer for Make Offer to Owner lots If you are participating in our Make Offer to Owner program, we have now made it possible for you to select both a Buy Now amount and a Minimum Offer amount on items that are eligible for the Make Offer to Owner program. You can set the minimum offer to anything you want, as long as it is at or above the minimum. [tips-1] By clicking on the link to "Change the Minimum Offer amount and/or set your own Buy Now price", a window on the page will open up, allowing you to either add/change the Buy Now price, or to add/change a minimum offer. This allows you, if you like, to specify both a Buy Now price and a Minimum Offer price; for instance, you can set a Buy Now price of $1,500, but can still choose to be notified of any offers above $1,300. [tips-2] Items with both a Buy Now price and a Minimum Offer price are distinguished in the search results by having both the Buy Now from Owner icon and the Make Offer to Owner icon visible. Once on the item page, the would-be buyer can choose between Buying Now at the designated price or Making an Offer. [tips-3] [tips-4] To remove a lot from Buy Now status, just blank out the Buy Now amount, and add a minimum offer amount if you choose. If both the Buy Now and Minimum Offer boxes are blank, then you will be notified of any offers above the default minimum. [Back to Top](#top) [] This Week's Top Ten [British India. William IV gold Proof Pattern 2 Mohur ND (1835)-(C)]( [British India. William IV gold Proof Pattern 2 Mohur ND (1835)-(C)]( The ten highest valued Indian coins to sell in Heritage auctions: - [British India. William IV gold Proof Pattern 2 Mohur ND (1835)-(C), KM-Pn10, Pr-177, PR61 NGC]( Sold for: $94,000 - [British India. East India Company - Victoria gold Proof Restrike Mohur 1841-(c) PR65+ NGC, KM461.2]( Sold for: $33,600 - [Khalji Sultans of Delhi. Rukn al-Din Ibrahim Shah gold Tanka AH695 (AD 1295-96) AU Details PCGS, Fr-426]( Sold for: $30,550 - [British India. William IV - East India Company gold Proof Restrike 2 Mohur 1835-(C) PR66 NGC, KM452.1]( Sold for: $30,550 - [British India. East India Company - William IV gold Proof Restrike 2 Mohurs 1835-(c) PR61 NGC, KM452.1]( Sold for: $26,400 - [British India - George V Proof 1/2 Rupee 1911-(c) PR65 NGC, KM521]( Sold for: $25,850 - [British India. East India Company - William IV gold Proof Restrike 2 Mohurs 1835-(C) PR64 NGC, KM452.1]( Sold for: $23,500 - [British India. Victoria gold Proof Restrike 10 Rupees 1879-(c) PR68 ★ Ultra Cameo NGC, KM495]( Sold for: $22,325 - [British India. East India Company - William IV gold Proof Restrike Mohur 1835-(B) PR66 Deep Cameo PCGS, KM451.1]( Sold for: $22,325 - [British India. Edward VII silver Pattern Rupee 1901, Proof 65 NGC]( Sold for: $22,325 One repeat appearance has been omitted. Do you have a suggestion for a future top ten list? [Send it to us!](mailto:StewartH@HA.com?subject=Top Ten List Suggestion) [Back to Top](#top) []Around Heritage Auctions 19th Century Rarities, New Find of High-Grade 1952 Topps Mantles Anchor Heritage's Summer Sports Trading Card Auction [2018 July 19-20 Summer Sports Card Catalog Auction #50004]( The most important trading cards auction of the summer is now open for bidding at in [Heritage Auctions' Summer Sports Card event]( closing in Extended Bidding format July 19-20 on HA.com. Offering more than 1,400 lots, the sale provides opportunities across the full spectrum of sports, formats and eras, with a strong concentration on early tobacco and high-grade bubble gum rookies. More than 80 cards from the 1800s include three rare [Old Judge cabinets]( and a near-set of the [1895 N300 Mayo Cut Plugs](. High-grade candy cards follow chronologically, with E102's from [Ty Cobb]( and [Honus Wagner]( E98's of [Cobb]( and [Christy Mathewson]( and the all-time finest [1921 Oxford Confectionary Set]( on the PSA Registry. But the post-war era is expected to record the top results in the auction. "This will be the first offering of an incredible find of previously unknown [ultra-high-grade 1952 Topps Mickey Mantle cards]( said Chris Ivy, Director of Sport Auctions at Heritage. "And high-grade rookies from [Roberto Clemente]( [Sandy Koufax]( [Roy Campanella]( and [Nolan Ryan]( are likewise going to produce six-figure results." Collectors concentrating on unopened material will find plenty of wax and cello to tempt them in the two-day sale, including the [1979 OPC Hockey]( and [1986 Fleer Basketball]( which may contain the highly-coveted rookies of Wayne Gretzky and Michael Jordan, respectively. Other highlights include: •[1909 E102 "Set of 25" Honus Wagner, Throwing]( - the hobby's finest known example - PSA EX-MT+ 6.5 •[1915 Boston Red Sox Real Photo Postcard]( PSA VG+ 3.5, with Rookie Babe Ruth •[1916 M101-4 The Sporting News Babe Ruth Rookie #151]( PSA VG 3 (MK) •[1952 Topps Baseball 5-Cent Unopened Wax Pack]( PSA NM 7 •[1952 Topps Mickey Mantle #311]( PSA EX 5 •[1957 Topps John Unitas #138]( SGC 96 Mint 9 - Pop Three, None Higher •[Rare 1971 Topps Football Series 2 Wax Box With 24 Unopened Packs:]( issued during Terry Bradshaw rookie year •[The hobby's finest known example of the 1960 Hemmets Journal Cassius Clay (Muhammad Ali) Rookie #23]( PSA Gem Mint 10 [More information about Sports Auctions]( [Back to Top](#top) []Is It Time To Sell? Heritage, the world's largest numismatic auctioneer, invites you to consign to The Chicago Auction, to be held October 11-15. The deadline to consign your rare United States coins to this auction is Tuesday, August 28. We have entered a new generation of collecting, and Heritage ensures that bidders and consignors all benefit from the latest and best technologies available. Our award-winning website, [HA.com]( serves as the cornerstone for our innovation. We have an average of 44,000 unique collectors come to [HA.com]( every day, and they come to bid and to win! We are the auction leader, integrating our systems to deliver the greatest demand and the highest prices in the marketplace. Contact one of our Consignment Directors, and they will guide you through the process and answer all of your questions. You can reach us by calling 1-800-835-6000. October 11-15 Chicago US Coins Signature Auction Consignment Deadline: August 28, 2018 [David Mayfield]( Vice President, Numismatic Auctions [David@HA.com]( 1-800-US-COINS ext. 1000 Interested in Selling? [What's My Coin Worth?]( [Consign to a Heritage Auction]( [Back to Top](#top) [] Current Auctions Coin and Currency Auctions [July 12 - 15 Summer FUN US Coins Signature Auction - Orlando #1277]( [July 12 - 15 Summer FUN US Coins Signature Auction - Orlando #1277]( [View Lots]( [July 29 Selections from the RMV Collection Monthly World and Ancient Coin Auction #271830]( [July 29 Selections from the RMV Collection Monthly World and Ancient Coin Auction #271830]( [View Lots]( [Weekly Internet US Coins]( [Weekly Internet US Coins July 3-4 Live session @ 6PM CT]( [View Lots]( [Tuesday Internet Currency Auction]( [Tuesday Currency July 3 Live session @ 7PM CT]( [View Lots]( [Weekly World Coin Auction]( [Thursday World Coin July 5 Live session @ 8PM CT]( [View Lots]( OTHER SIGNATURE AUCTIONS • [Summer Sports Card Catalog - July 19-20]( • [Entertainment & Music Memorabilia - July 21]( • [East Hampton Estate - July 24]( • [Online Photographs - July 25]( • [Applegate Valley Estate - August 21]( OTHER INTERNET AUCTIONS • [Tues. 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