Heritage realizes $53+ million in coins and currency in FUN and NYINC events
The First Art Newspaper on the Net    Established in 1996 Thursday, November 28, 2024


Heritage realizes $53+ million in coins and currency in FUN and NYINC events
1894-S Barber Dime, Branch Mint PR66. Sold for: $1,997,500.00.



DALLAS, TX.- A wide variety of coins and currency, in the form of U.S., World and Ancient rarities, realized more than $50 million for Heritage Auctions across the first two weeks of 2016 in the company’s U.S. Coins ($34+ million) and Currency auctions at the annual FUN Convention ($7.6+ million) in Tampa, FL and the NYINC World & Ancient Coins auctions ($11.6+ million) taking place in New York.

The sell-through rates posted in the US Coins auctions at FUN bolster the solid results, checking in at more than 91% by total value and more than 98% by total number of lots.

"Prices were solid, bidding was strong and sell-through was strong," said Greg Rohan, President of Heritage Auctions. "The results, overall, exceeded our expectations, topped by the fact that the media interest in the $1.99 million 1894-S Barber Dime showed that the coin captured the attention of the general public like no other coin, or coin story, has in the last year."

Indeed the top lot in any of the auctions was the stunning 1894-S Barber Dime, Branch Mint PR66 PCGS CAC, the finest known, which realized $1,997,500 as the centerpiece of the FUN Tampa Platinum Night offerings on Jan. 7, 2016. It was sold to an experienced collector, who was one of 16 different collectors vying for the piece.

"This was a once-in-a-generation opportunity to own one of the most famous, mysterious and elusive coins in American numismatics," said Rohan. "It’s a classic American coin often grouped with the 1804 dollar and the 1913 Liberty nickel as 'The Big Three’ of U.S. coin rarities."

Further U.S. Coin highlights at FUN included an 1849-C G$1 Open Wreath MS62 PCGS Secure, Ex: Richmond Collection, the finest-known specimen of this rare gold series, which realized $528,750 when it crossed the block, an 1851 $50 RE Humbert $50 Reeded Edge MS63 PCGS Secure CAC was an important highlight, drawing $381,875 on the day, while a 1792 P1C One Cent VF35 PCGS Secure. AC, Ex: Simpson reached $352,500. The total price realized of $505, 250 for the second finest known BD-1 Variety 1804 Quarter Eagle, 13 Stars Reverse, AU55 PCGS Secure CAC set an auction price record for the date.

In the $11.6+ million NYINC World & Ancient Coins auction, Jan. 3-13, 2016, it was British Commonwealth coins that proved the most popular with collectors, particularly an 1852-dated Type 1 Adelaide Pound from South Australia, which realized $99,875. This British Colony issue was struck without the approval of the English government, so few were minted, making any example truly rare. At AU58, this example is the finest of two certified by PCGS.

British India was represented in the auction by a superb four coin proof set of 1862 silver type coins struck in gold from The Formosa Collection, which brought $88,125. Of the four coins, the ¼ Rupee, ½ Rupee and one Rupee are the only examples struck in gold to ever have been offered at auction. A 1951 Czech Republic gold 10 Dukatu MS66 PCGS, one of a minuscule mintage of 100 pieces presented one of the classic rarities in the 20th century gold type series to a collector who bid $76,375 to take it home, while an exceptional 1831 Louis Philippe I gold & silver "Rouen Mint Visit" Specimen Pattern 5 Francs Presentation Set, a spectacular presentation of the highest rarity, combining the exceedingly rare gold striking of the "Rouen Mint Visit" pattern with the scarce silver issue, was the subject of intense collector interest on its way to realizing $76,375.

The top ancient coin in this auction, realizing $56,400, was a superb Augustus (27 BC-AD 14) AV aureus, with an exceptional high-relief portrait and crisp striking detail.

Currency continued performing well at FUN in Tampa, with a unique signed and issued 1847 Washington, DC $500 Treasury Note Hessler X110C, a newly discovered note of the utmost rarity and desirability, which realized $199,750 as the top note in the event. The most glamorous note of the auction came in the form of a Choice Uncirculated Binion Pedigreed $10000 Green Seal Fr. 2231-B Federal Reserve Note PMG Choice Uncirculated 64, from the famous Binion hoard, long on display at Binion’s Horseshoe Casino in Las Vegas. The note did not disappoint, realizing an impressive $188,000 final price realized.

Rounding out the top currency highlights is a marvelous PMG Graded Gem Uncirculated 66 EPQ $100 Gold Certificate Fr. 2405 PMG Gem Uncirculated 66 EPQ. This note, one of the most desirable 20th century types, proved quite popular with collectors as it soared to a final price realized of $105,750.










Today's News

January 20, 2016

France's Guimet Museum returns looted statue head to national museum in Phnom Penh

Dino courtship in the Cretaceous: Researcher Martin Lockley at the University of Colorado

Napoleon & Josephine marriage document going up for sale at Lion Heart Autographs

Alberto Burri's masterpiece "Sacco e Rosso" to be offered at Sotheby's London

Ellsworth Kelly Foundation donates major gift to the Foundation for Art and Preservation in Embassies

The Staatliche Kunstsammlungen Dresden acquires an important painting by Ernst Ludwig Kirchner

Sotheby's to hold annual Masters Week auctions in New York from 27-30 January

French artists finish replica of the 18,000-year-old 'magical' Lascaux paintings

Jan van Eyck's "The Crucifixion" goes to New York's Metropolitan Museum of Art

First exhibition in the U.S. after Colnaghi's merger with Coll & Cortes opens in New York

24th edition of the Outsider Art Fair New York set to open at the Metropolitan Pavilion

Hugh Owen rediscovered: 19th century countryside views exhibited at Hans P. Kraus

Philadelphia Museum of Art appoints new General Counsel and Assistant Secretary

Heritage realizes $53+ million in coins and currency in FUN and NYINC events

Ian Dorin joins Heritage Auctions as New York Director of Fine Wine

Joachim Coucke wins De'Longhi Art Projects Artist Award at London Art Fair 2016

"Can We Live Here? Stories From A Difficult World" opens at the Mills College Art Museum

Eiffel Tower sees fewer visitors after Paris attacks

Italian film director Ettore Scola dead at age of 84: media

New body of work by glass artist Jeff Zimmerman on view at R & Company

World tourism numbers hit new record in 2015 despite attack fears

Yale School of Art exhibit explores the 'pulp' challenge to racial injustice

The Ryerson Image Centre celebrates contemporary female artists

Photographic exhibition by Bill Phelps opens at the Robin Rice Gallery




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful