Coin News: Extreme Rarities bring stunning prices in $40+ million Philadelphia ANA auctions

Heritage Auctions' Coin Newsletter [Read this newsletter online]( [Heritage Auctions]( [Coin News]( In This Issue: • [Extreme Rarities bring stunning prices in $40+ million Philadelphia ANA auctions](#collector-a) • [A World of Money: Rare 1917 London sovereign, MS63](#collector-b) • [Website Tips: Compact List View](#tips) • [Around Heritage Auctions](#around-1) • [This Week's Top Ten](#top10) • [Is It Time To Sell?](#sell) • [Current Auctions](#current) August 21, 2018 []Extreme Rarities bring stunning prices in $40+ million Philadelphia ANA auctions [1854-S $5 XF45 NGC]( A newly discovered 1854-S half eagle took center stage, selling for $2.16 million as Heritage's August 14-19 coin and currency auctions at the Philadelphia World's Fair of Money raised over $40 million for their consignors. All prices include a 20% Buyer's Premium. Initially believed to be a fake, this [fourth existing 1854-S $5 gold piece]( graded XF45 by NGC, is one of just 268 struck by the San Francisco Mint in 1854, an extraordinarily low mintage for a U.S. gold coin produced during the California Gold Rush. Of the three remaining 1854-S $5 Liberty half eagle gold coins, one is sequestered in the National Numismatic Collection at the Smithsonian Institution, forever out of reach of collectors. One remains in a private Texas collection and no one has seen the third coin since armed robbers stole it from the wealthy duPont family in 1967. A [one-of-a-kind 1792 gold coin believed by its previous owner to have once been a cherished memento of U.S. President George Washington]( sold for $1,740,000 in the same auction. This is the first time the 1792 $10 Washington President gold eagle pattern coin appeared at public auction since 1890; 100 percent of the net proceeds will benefit charitable causes. Since 1792, the coin has been owned by just eight elite numismatists, who traded it privately for 128 years. Prominent collector and author Eric P. Newman acquired the coin in 1942, and until this auction, it has not changed hands since. This coin is graded XF45★ by NGC. All told, [the auction of US coins]( realized in excess of $27.2 million, with numerous additional highlights including but not limited to the following: - [1794 $1 B-1, BB-1, AU58 NGC. CAC]( - [1796 1/2 C With Pole, C-2, B-2, MS66+ Red and Brown PCGS Secure. CAC]( - [1838 50C Reeded Edge PR66+ PCGS. CAC]( - [1879 $1 Schoolgirl Dollar, Judd-1608, Pollock-1804, Low R.7, PR66 Deep Cameo PCGS. CAC]( - [1907 $10 Wire Rim MS67+ NGC. CAC]( - [1852-O $20 MS65 NGC]( - [1871-CC 10C F-101, MS65 PCGS Secure]( - [1864 $10 PR65 Deep Cameo PCGS Secure]( - [1879 $4 Flowing Hair, Judd-1635, Pollock-1833, R.3, PR66 PCGS Secure...]( [The legendary "First Dollar of the New World]( an 8 reales piece struck in Mexico City by the Spanish in 1538, sold for $528,000, August 17, as a part of [Heritage's $9.6 million Platinum Night auction of world coins](. The first dollar-sized coin struck in the Americas, it was minted under the joint Spanish reign of Charles I and his mother, Joanna. At an NGC-assigned grade of AU50, the 8 Reales auctioned is the finest of three known specimens, which made world history when salvaged in the 1990s from the northern Caribbean shipwreck of the "Golden Fleece." "No major museum holds one of these three coins in its collections," said Cristiano Bierrenbach, Heritage Auctions Executive Vice President of International Numismatics, "and that's why auctions such as this are an extraordinary opportunity to own one of the world's historically most important coins." This auction featured a number of outstanding results for ancient coins, particularly for Roman gold issues such as: - [Diadumenian, as Caesar (AD 217-218). AV aureus. NGC (photo-certificate) Choice AU ★ 5/5 - 4/5, Fine Style]( - [Sextus Pompey, as Imperator (44-36 BC). AV aureus NGC (photo-certificate) Choice AU ★ 5/5 - 4/5, Fine Style]( - [Macrinus (AD 217-218). AV aureus NGC (photo-certificate) Choice AU ★ 5/5 - 5/5, Fine Style]( - [Postumus (Gallo-Roman Emperor, AD 260-269). AV aureus NGC (photo-certificate) MS 5/5 - 3/5]( - [Marcus Junius Brutus, Assassin of Caesar and Imperator (44-42 BC). AV aureus NGC (photo-certificate) Choice AU ★ 5/5 - 4/5]( Some of the additional highlights from among world coin offerings included: - [Great Britain: Victoria gold Proof 'Una and the Lion' 5 Pounds 1839 PR61+ Ultra Cameo NGC]( - [Great Britain: Victoria 16-Piece Certified Gold, Silver and Copper Proof set 1853 NGC]( - [France: "Republic" gold Off-Metal Trial 5 Francs L'An 10 (1801-02)-A MS62 NGC]( - [France: Louis XV gold Specimen Pattern Ecu au bandeau 1740-A SP61 PCGS]( Auction offerings of [US Currency]( and [World Paper Money]( raised $2 million and $1.3 million overall. Highlights of these auctions included: - [Fr. 2221-G $5,000 1934 Federal Reserve Note. PMG Choice Uncirculated 64.]( - [Fr. 1078b $100 1914 Red Seal Federal Reserve Note PMG Superb Gem Unc 67 EPQ.]( - [Fr. 1179 $20 1905 Gold Certificate PMG Superb Gem Unc 67 EPQ.]( - [Fr. 2221-G $5,000 1934 Federal Reserve Note. PCGS Choice About New 58PPQ.]( - [Zanzibar Zanzibar Government 20 Rupees 1.1.1908 Pick 4cts Color Trial Specimen.]( Heritage's next auctions, covering US and World coins and currency, are open for bidding now at [www.HA.com]( About the Eric P. Newman Numismatic Education Society Items being sold are from the extensive collection of Eric P. Newman Numismatic Education Society (a Missouri not-for-profit corporation) and have been assembled over a period of 90 years. Proceeds of the sale of all items will be used exclusively for supplementing the Society's museum operations and scholarly numismatic research efforts and for the benefit of other not-for-profit institutions selected by Eric P. Newman Numismatic Education Society for public purposes. [Back to Top](#top) []A World of Money: Rare 1917 London sovereign, MS63 [George V gold Sovereign 1917 MS63 PCGS]( [George V gold Sovereign 1917 MS63 PCGS]( Our [Long Beach World Coins Signature Auction]( features one of the greatest rarities of the British Sovereign series: the [1917 London issue](. This type was not always as elusive as it is today; unlike other rare Sovereigns such as the 1819 and 1920-S both of which always existed in extremely limited numbers, the mintage of 1917 Sovereigns actually exceeded one million. Unfortunately, almost the entirety of this number were retained by the Bank of England and later exported to Fort Knox after WWI as payment for accrued war debts to the US. After the passing of the Gold Reserve Act in January 1934 (the same act which created such a rarity in the US Double Eagle of 1933), all the 1917 Sovereigns held in the US were melted down and re-barred, leaving just a handful in existence. The present offering represents one of the finest of these surviving examples, the highest grade level for the type being MS64. This PCGS-certified choice Mint State specimen exhibits brilliant cartwheel luster, canary-gold with a superb strike. Exhibiting no wear, having never been circulated to attain any, this example is only held back from a higher certified grade by light bagmarks in the fields, either attained during its time at the Bank of England during WWI, or perhaps during a long voyage to the US. Whatever the story as to how it escaped the fate nearly 1,000,000 of its peers met, this is a seldom-encountered opportunity to obtain one of the rarest British Sovereigns, and in a premium grade. Do not miss your chance to add it to your collection! [Back to Top](#top) []Website Tips: Compact List View [HA.com]( now offers a quick way to view simple information about the contents of any auction. Called Compact List View, this page is available from the auction home page. [Website Tips 1] The page consists of a listing of every item in the auction, showing the lot number, current bid, and short description. The short description includes a link to the item. To keep the page simple, there no searching/tracking/bidding capabilities. By default, no images show, but you can roll your mouse over the links to see enlarged thumbnails. [Website Tips 2] [Website Tips 3] This page is quite useful if you wish to get a high-end view of the contents of an auction. To perform searches, go to the auction home page and search normally. [Back to Top](#top) []Around Heritage Auctions [RMS Titanic Pocket Watch from Victim Russian Jew]( Titanic Victim's Pocket Watch Heading to Heritage Auctions by Family Member [A pocket watch recovered from a victim of the R.M.S. Titanic]( owned by a New York-bound Russian immigrant killed on his way to America accompanied by his wife, is expected to sell for $20,000 or more in Heritage Auctions' [Americana & Political Auction]( Aug. 25. The watch is consigned by a descendant of Miriam and Sinai Kantor, husband and wife named on [the official list of Titanic victims and survivors](. Both from Vitebsk, Russia, he was just 34 years old, and she just 24, when he paid £26 for ticket No. 244367. The two were among 285 Second-Class passengers and boarded the ship together in Southampton, England. The couple were university graduates; Sinai Kantor was a furrier and intended to sell trunks of furs to fund the couple's goal to each study dentistry and medicine when they arrived and settled in the Bronx, New York. That was until their lives were shattered in the early hours of April 15, 1912. After the Titanic collided with an iceberg in the North Atlantic, Miriam was ushered onto lifeboat 12, one in which men were prohibited from entering because of a "women and children first" protocol for loading lifeboats. Roughly 30 passengers were in the lifeboat when it was lowered off the port side, but survivors made room for about 30 more. According to official reports, it was the last boat to reach the rescue ship R.M.S. Carpathia after 8 a.m. A cable repair ship named the C.S. Mackay-Bennett arrived eight days later to recover as many victims as possible. Sinai Kantor's body was pulled from the icy water during the grueling, seven-day operation. He was labeled "Body No. 283" and embalmed on the ship. He is buried at Mount Zion Cemetery, Queens, New York. "The sinking of the Titanic is one of the greatest tragedies of the 20th century," Heritage Auctions' Historical Consignment Director Don Ackerman said. "The family passed the watch down through generations for 106 years. A piece that was aboard the ship and a documented history from the family makes this a bittersweet and really rare opportunity for collectors." It was not easy for Miriam to recover her husband's belongings. Only after extensive legal effort did she receive the rest of his effects, which included clothing, Kantor's Russian passport, a notebook, money, wallets, a "silver watch," a telescope and corkscrew. The property was sent to the White Star Line offices in New York and then delivered to her May 24, 1912. The Swiss-made open-face silver-on-brass watch, with its original movement and a diameter of three inches, includes numerals that are Hebrew letters. The back cover has an embossed design that shows Moses holding the Ten Commandments. The watch's movement is rusted, the result of immersion in salt water, and the hands are nearly all deteriorated and the dial is stained. The consignor wishes to remain anonymous at this time. The watch remained in the family for years and will be sold with a letter of provenance from the consignor, a descendant of the Kantors, along with copies of letters issued in the aftermath of the tragedy, sent to Miriam Kantor. [More information about Historical Auctions]( [Back to Top](#top) []This Week's Top Ten [1936 50C Norfolk MS68+ PCGS. CAC]( [1936 50C Norfolk MS68+ PCGS. CAC]( The ten classic commemoratives most frequently offered in MS68 or higher grades in Heritage auctions: - 1936 Norfolk half dollar - 1937-D Oregon half dollar - 1946 Iowa half dollar - 1936 Wisconsin half dollar - 1936 York half dollar - 1938-D Oregon half dollar - 1936-D Columbia half dollar - 1937 Roanoke half dollar - 1937 Antietam half dollar - 1939-D Oregon half dollar 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) []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 [September 5-11 Long Beach Expo Currency Auction - Long Beach #3567]( [September 5-11 Long Beach Expo Currency Auction - Long Beach #3567]( [View Lots]( [September 6 - 9 Long Beach Expo US Coins Signature Auction - Long Beach #1279]( [September 6-9 Long Beach Expo US Coins Signature Auction - Long Beach #1279]( [View Lots]( [September 6-10 Long Beach Expo World Currency Auction - Long Beach #4006]( [September 6-10 Long Beach Expo World Currency Auction - Long Beach #4006]( [View Lots]( [September 6-11 Long Beach Expo World Coins & Ancient Coins Signature Auction - Long Beach #3067]( [September 6-11 Long Beach Expo World Coins & Ancient Coins Auction - Long Beach #3067]( [View Lots]( [August 26 The McGowan Collection of Pennies, Halfpennies, and Farthings Auction]( [August 26 The McGowan Collection of Pennies, Halfpennies, and Farthings Auction]( [View Lots]( [Weekly Internet US Coins]( [Weekly Internet US Coins August 21-22 Live session @ 6PM CT]( [View Lots]( [Tuesday Internet Currency Auction]( [Tuesday Currency August 21 Live session @ 7PM CT]( [View Lots]( [Weekly World Coin Auction]( [Thursday World Coin August 23 Live session @ 8PM CT]( [View Lots]( OTHER SIGNATURE AUCTIONS • [Americana & Political - August 25-26]( • [Online Prints & Multiples - August 30]( • [Fine & Decorative Asian Art - September 11]( • [Rare Books & Maps - September 13]( OTHER INTERNET AUCTIONS • [Tues. 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