Coin News: The Cape Coral Collection of German 3 Marks at ANA

Heritage Auctions' Coin Newsletter [Read this newsletter online]( [Heritage Auctions]( [Coin News]( In This Issue: • [The Cape Coral Collection of German 3 Marks at ANA](#collector-a) • [Seldom Seen Selections: The Finest Known Proof 1837 Quarter Eagle](#seldom) • [High Denomination Notes Highlight ANA Currency Auction](#currency) • [Help Wanted: Heritage's Coin Sales Department is expanding](#collector-e) • [Around Heritage Auctions](#around-1) • [This Week's Top Ten](#top10) • [Is It Time To Sell?](#sell) • [Current Auctions](#current) July 30, 2019 [The Cape Coral Collection of German 3 Marks at ANA] [German States: Bavaria. Ludwig III Proof 'Golden Wedding Anniversary' 3 Mark 1918-D PR65 Cameo PCGS]( [German States: Bavaria. Ludwig III Proof 'Golden Wedding Anniversary' 3 Mark 1918-D PR65 Cameo PCGS]( Very infrequently does one encounter a collection of such comprehensiveness and caliber that it may truly be deemed a reference collection. The dedication, time, and resources required to create such an achievement are simply too great for most to accomplish, and so it remains a rare case when an assemblage of this nature is painstakingly formed by means of the greatest attention to detail and completeness. We are proud to present a collection that has risen to this challenge, under a name that will by now already be familiar to many of our bidders: [The Cape Coral Collection of German 3 Marks]( as a part of our [August 15 ANA World's Fair of Money World Coins Platinum Night Auction]( in Chicago. Introduced under the individual kingdoms, states, duchies, and principalities of the only decades-old German Empire, the 3 Mark arose as a denomination intended for transactions, a unit of modest purchasing power falling between the smallest fractional denominations issued under the authority of the Reich as a whole, and the largest denominations produced on a more local level. Its appeal as a practical unit of trade spurred continued production, resulting in the great diversity available to collectors today, including a large variety of Proof and commemorative types, many of which display designs that are recognized almost universally by collectors. The Cape Coral Collection represents an essentially complete run of the series from a type perspective, including even such rarities as the renowned [Bavarian 1918-D Proof 3 Mark](. In Proof, this type-date has a documented mintage of only 10 examples, serving as perhaps the greatest testament of the efforts undertaken to assemble a collection that will assuredly rank among "the best of the best". This status, of course, is not the consequence of any single coin's presence, but rather of an assortment that dazzles by both inclusiveness and conditional excellence. From a technical standpoint the collection contains a significant number of coins that either tie or stand alone as the finest graded for their respective types, ranging from exceptional, shimmering presentation-worthy Proofs of every available issuing authority to stunningly high-grade examples of the short-lived Weimar Republic. If ever our bidders have sought a 3 Mark type for their collections which they have been previously unable to find with just the right appeal to suit their taste, it is doubtful that they will be left wanting after taking the opportunity to browse through the extraordinary selection contained within this collection. As such, we state without any hesitation that the Cape Coral Collection stands among those that we are proudest to have offered in our history, and certainly one that we are excited to share with the Heritage bidding community around the world. Additional highlights of The Cape Coral Collection of German 3 Marks include: - [Brunswick-Wolfenbüttel. Ernst August Proof 3 Mark 1915-A PR66 Cameo PCGS, Berlin mint, KM1161]( - [Hesse-Darmstadt. Ernst Ludwig Proof 3 Mark 1917-A PR64 PCGS, Berlin mint, KM376]( - [Prussia. Wilhelm II silver Proof Pattern 3 Mark 1905-A PR66 NGC, Berlin mint, Schaaf-103/G1]( - [Württemberg. Wilhelm II silver Proof Pattern "Wedding Anniversary" 3 Mark 1911-F PR63 NGC, Stuttgart mint, Schaaf-177B/G2]( - [Württemberg. Wilhelm II Proof "25th Anniversary" 3 Mark 1916-F PR66 PCGS, Stuttgart mint, KM638]( Bid on the outstanding coins in this collection now at [HA.com/Coins](. [Back to Top](#top) []Seldom Seen Selections: The Finest Known Proof 1837 Quarter Eagle [1837 $2.50 PR66+ Deep Cameo PCGS. CAC. Breen-6145, Variety 18]( [1837 $2.50 PR66+ Deep Cameo PCGS. CAC. Breen-6145, Variety 18]( Only four examples of the 1837 Classic Head proof quarter eagle are known to numismatists today. One of those coins is located in the National Numismatic Collection at Smithsonian Institution and a second example is in impaired condition. Heritage Auctions is privileged to present [the finest-known example]( of this landmark early proof rarity as a part of our [August 14-18 ANA World's Fair of Money Signature Auction](. The only gold denominations coined in 1837 were the quarter eagle and half eagle (coinage of eagles was suspended after 1804 and did not resume until 1838). Both denominations featured the Classic Head design. Business-strike mintages were about average for both denominations, as 45,080 quarter eagles and 207,121 half eagles were coined. Proof mintages were not recorded, but they were undoubtedly small (only four proof quarter eagles and a single proof half eagle have been identified in recent times). Normally, proof coins of this era were struck to order, to meet the requirements of an influential collector or government official. Whenever proofs were requested, Mint personnel would select and polish the required number of planchets, polish a pair of working dies, and strike the coins on the medal press to improve striking quality. The same dies were often used to mint both proof and business-strike coinage. For some years, proofs are known from different die pairs, i.e., there are three different die varieties of proof 1836 quarter eagles. The four proof 1837 quarter eagles we know about today were all struck from the same die pair (JD-1), but die evidence suggests they were struck at different times during the year, for different purposes. The JD-1 obverse has the date centered between the bust and dentils, with the 7 centered below the left edge of the lowest curl. All examples seen have a prominent die crack through star 8 and the bust, in different stages of development. Star 6 points to the top half of the headband and light recutting shows on stars 8 and 9 and TY in LIBERTY. The reverse has only two pale gules in the shield and the eagle has a tongue. Curiously, these dies were never used to strike regular-issue coinage, making the JD-1 a proof-only issue. We know the coins were struck at different times because the coin in the National Numismatic Collection displays a different die rotation (about 17 degrees counter-clockwise) from the others. Also, the impaired specimen is from a later die state than the others, with two bisecting die cracks through the obverse. [The coin offered here]( has one of the longest and most distinguished pedigrees of any U.S. federal issue. It has been a highlight of some of the most famous and important numismatic collections ever formed, and its history can be traced back to the 1850s. This delightful Plus-graded Premium Gem, as certified by PCGS, exhibits sharply detailed peripheral design elements, but a touch of the always seen softness shows on IB in LIBERTY and the eagle's leg and shield border. Some central softness is seen on all known specimens of this issue, probably due to the extensive die cracks that disrupted the metal flow. The devices of this piece are richly frosted and the fields are deeply mirrored, creating an intense Deep Cameo effect. The well-preserved yellow-gold surfaces show only insignificant signs of contact, including a thin, nearly invisible, hairline below the T in UNITED and a tiny spot under the eagle's left (facing) wing. A few minor planchet flakes are evident on close inspection. A dramatic die break is seen from the rim, through star 8 and the bust, to the serif of the 7 in the date (Dannreuther Die State b/a). Overall eye appeal is simply stunning. [This coin]( is the finest-known example of this early proof rarity by a full three grading points and its exceptional quality and eye appeal are attested by the Plus designation and CAC approval. It boasts an illustrious pedigree to some of the most important collections of all time. This piece has not been off the market for 16 years and it may be many years before another example becomes available. The discerning collector will bid accordingly. [Back to Top](#top) []High Denomination Notes Highlight ANA Currency Auction [Heritage's ANA World's Fair of Money Currency Platinum Night Auction]( scheduled for the evening of August 15 at the Chicago ANA convention, features the crème de la crème of US currency. This year's Platinum Night particularly emphasizes large denomination currency in both small size and large size formats. A [1928 $5000 Federal Reserve note from the Atlanta district]( is one of fewer than twenty known across all districts for this issue. This note has been certified by PMG as Very Fine 30, without qualifiers, and it also bears the coveted EPQ designation. The quality and originality of this note should bring substantial interest when the hammer falls. A [Series 1934 $100 Federal Reserve note from the San Francisco district]( should attract a good deal of attention because of its serial number — it is in fact the sole serial number 1 $1000 FRN outside of government hands. This note was not saved immediately, but spent some time in circulation, meriting a grade of Very Fine 25 from PMG, with minor restoration noted. [Fr. 2220-F $5,000 1928 Federal Reserve Note. PMG Very Fine 30 EPQ]( Large size offerings are led by a delightful [Fr. 1216 $500 Gold Certificate, series 1882](. This piece is new to the census, and at a PCGS-assigned About New 50 it stands as the finest known by ten grade points. A [$1000 gold certificate from series 1922, Fr. 1220]( is also new to the census, graded Extremely Fine 40 by PCGS. It stands as one of the nicest examples of this issue available encapsulated as being problem-free. [Fr. 1216 $500 1882 Gold Certificate PCGS About New 50]( A few of the other highlights of this auction include: - [Fr. 326 $50 1880 Silver Certificate PMG Very Fine 20]( - [Fr. 1133-C $1,000 1918 Federal Reserve Note PMG About Uncirculated 53 EPQ]( - [Fr. 2210-J $1,000 1928 Federal Reserve Note. PCGS Gem New 66PPQ]( - [Fr. 2221-G $5,000 1934 Federal Reserve Note. PMG Choice Extremely Fine 45]( - [Fr. 2308* $10 1934 Mule North Africa Silver Certificate. PMG Very Fine 30]( Bid on the outstanding items in this auction now at [HA.com/Currency](. [Back to Top](#top) []Help Wanted: Heritage's Coin Sales Department is expanding Do you have experience in trading, and selling U.S. coins? Apply with Heritage today for our Salesman/Sr. Numismatist role in Dallas, TX. We are seeking a numismatist with general knowledge of U.S. Coins and good sales and organizational skills. This opportunity is ideal for a detail oriented driven individual who would like to be part of a fast paced and growing company. Apply with us today online or via email at [Experts@HA.com](mailto:Experts@HA.com?subject=Coin Department Job Openings). [Back to Top](#top) []Around Heritage Auctions President Barack Obama's Game-Worn High School Basketball Jersey May Bring $100,000 at Auction [1978-79 President Barack Obama Game Worn Punahou (HI) High School Basketball Jersey]( [1978-79 President Barack Obama Game Worn Punahou (HI) High School Basketball Jersey]( Barack Obama's game worn high school basketball jersey]( is expected to bring $100,000 or more when it crosses the auction block [Aug. 17 at Heritage Auctions](. The jersey goes on public display for the first time ever in Chicago this week before it heads for New York and finally in Dallas. Known for playing basketball at the White House, often with members of his staff or celebrities and notables, the No. 23 jersey issued by Hawaii's Punahou School during the 1978-1979 season. It was worn by an 18-year-old "Barry" Obama during his senior year at Punahou as a member of the 1979 Hawaii State Champion boys' varsity basketball team. It was fortuitously rescued from being discarded when the new varsity jerseys arrived on campus after freshmen Peter Noble, three years behind Obama at Punahou, had worn the same number "23" jersey while on the junior varsity team. Accompanying the jersey is Noble's yearbook from Obama's senior year. It features a quarter-page personal layout in the section dedicated to the graduating class, including a playground shot of the future President he labeled, "We go play hoop." On page 104, a photo captioned, "Barry Obama goes up for a basket against St. Louis," features the jersey he wears in the photograph. Coincidentally, Obama's jersey number 23 were and are worn by the two men most commonly identified as the greatest basketball players of all time: Michael Jordan and LeBron James. [President Barack Obama's game worn high school basketball jersey]( is expected to bring $100,000 or more when it crosses the auction block [Aug. 17 at Heritage Auctions](. [More information about Sports Collectibles Auctions]( [Back to Top](#top) On the 50th Anniversary of the Apollo 11 Launch, Neil Armstrong's Lunar Flown Gold Medal Brings $2+ Million [Neil Armstrong's One and Only Apollo 11 Lunar Module Flown MS67 NGC 14K Gold Robbins Medal Directly From The Armstrong Family Collection(TM)]( Armstrong's personally-owned gold medal]( flown to the moon with him on his historic Apollo 11 landing, sold for $2,055,000 on Tuesday, July 16, at a public auction of rare space memorabilia at Heritage Auctions in Dallas. The solid gold Robbins Medal was a cherished keepsake and the highlight of the beginning of [a three-day auction event, which includes Part III of The Armstrong Family CollectionTM](. Even the moonwalker's [well-loved childhood teddy bear]( sold for $3,500. "The response from admirers of Mission Commander Armstrong's contribution to humanity has been simply overwhelming," said Michael Riley, Director of Space Exploration at Heritage Auctions. Two national treasures Armstrong carried with him to the moon sparked competitive bidding as [collectors bid $143,750 for a 1-1/4-inch swath of muslin cloth]( from the left wing of the Wright Brothers' 1903 Flyer and [a section of the flyer's propeller]( ended at $150,000. The [largest American flag flown aboard Apollo 11]( directly from Armstrong's collection, sold for $137,500 and a 4-inch by 6-inch silk American flag flown to the moon sold for $65,625. His [personal copy of NASA's "Preliminary Apollo 11 Flight Plan,"]( dated April 24, 1969, and featuring a fascinating, 134-page timeline of crew activities, planned minute by minute for a successful mission, sold for $112,500. His [personally owned and worn early Apollo-era flight suit]( an ultra-rare piece of early spaceflight memorabilia and one of just a few known to exist, ended at $81,250. A never-before-seen[, internal NASA memo]( regarding whether to coach Armstrong on what to say during his descent to the lunar surface finally gives the public an understanding of how important the moment would be for humanity. The memo comes from NASA's Assistant Administrator for Public Affairs Julian Sheer, who writes that the space agency should not coach the astronauts because "... the truest emotion at the historic moment is what the explorer feels within himself ..." [Bidders pushed the sale price to $30,000](. A sleeper lot, [a section of camera film leader strip flown aboard the Apollo 11 Lunar Module and used on the surface of the moon]( sold for $26,250 against a $3,000 pre-auction estimate. A unique item fit for museum display, [Armstrong's personal copy of the July 25, 1969 issue of LIFE Magazine sold for $21,250](. The magazine still retained his original mailing address, affixed below the cover photo of himself walking to the launch pad under the blaring headline: "Leaving For The Moon." Armstrong's personal collection even included a piece of the Apollo 11 spacecraft itself. [A 1-1/4-inch by 1-inch Ablative Plug, used in the craft's heat shield]( sold for $11,875. [More information about Space Exploration Memorabilia Auctions]( [Back to Top](#top) []This Week's Top Ten [Prussia. Wilhelm II silver Proof Pattern 3 Mark 1905-A PR66 NGC, Schaaf-103/G1]( [Prussia. Wilhelm II silver Proof Pattern 3 Mark 1905-A PR66 NGC, Schaaf-103/G1]( The ten highest valued German States 3 mark pieces to sell in Heritage auctions. - [Prussia. Wilhelm II silver Proof Pattern 3 Mark 1905-A PR66 NGC, Schaaf-103/G1]( Sold for: $8,400 - [Württemberg. Wilhelm II Proof 3 Mark 1916-F PR64 NGC, Stuttgart mint, KM638]( Sold for: $6,462 - [Hesse-Darmstadt. Ernst Ludwig 3 Mark 1917A, KM376, PR61 NGC]( Sold for: $5,267 - [Hesse-Darmstadt. Ernst Ludwig 3 Mark 1917A, KM376, PR64 NGC]( Sold for: $4,025 - [Reuss-Obergreiz. Heinrich XXIV 3 Mark 1909-A, KM130, Proof 67 Cameo PCGS]( Sold for: $3,525 - [Prussia. Wilhelm II Proof "Mansfeld" 3 Mark 1915-A PR67 Cameo PCGS, Berlin mint, KM539]( Sold for: $3,360 - [Prussia. Wilhelm II Proof "Mansfeld" 3 Mark 1915-A PR67 Ultra Cameo NGC, Berlin mint, KM539]( Sold for: $3,360 - [Brunswick-Wolfenbuttel. Ernst August 3 Mark 1915-A, KM1161, PR65 Cameo NGC]( Sold for: $3,290 - [Brunswick-Wolfenbuttel. Ernst August 3 Mark 1915-A MS65 NGC, Berlin mint, KM1161]( Sold for: $3,290 - [Hesse-Darmstadt. Ernst Ludwig "25th Year Jubilee" 3 Mark 1917-A Proof uncertified (surface hairlines), Berlin mint, KM376]( Sold for: $3,120 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? An exciting consignment opportunity presents itself, as Heritage proudly presents the upcoming October 15-18, 2019 Dallas, TX US Coins Signature Auction. Heritage's Dallas auctions have a long established tradition and are eagerly anticipated by collectors and dealers from around the US and the world. These auctions have attracted eager bidders and produced strong results for consignors and we expect this pattern to continue. You can personally benefit from Heritage's connections to buyers from around the world and sell your coins alongside the millions of dollars of rare, desirable and important offerings that have already been consigned. 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 15-18 Dallas US Coins Signature Auction Consignment Deadline: September 3, 2019 [David Mayfield]( Vice President, Numismatic Auctions David@HA.com 1-800-US-COINS ext. 1000 Interested in Selling? 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