Eric P. Newman Collection, Part II
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3654
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Last Updated: 2022-03-24
Eric P. Newman Collection Part II, sold by Heritage Auctions, November 2013, featuring U.S. federal coinage.
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3654
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unknown
Funktioniert (3654)
2941. Lot 33372
- Beschreibung:
- 1857 25C MS68 S NGC. CAC. Brilliant mint luster over amply toned, beautifully preserved surfaces is the hallmark of this phenomenal MS68 S 1857 Seated quarter. The 1857 is a high-mintage date, struck to the extent of more than 9.6 million pieces. But in such exceptional condition, this coin inhabits another dimension of quality that few coins ever approach. Running inward from the obverse rim are light rings of lilac, amber, ice-blue, and pinkish-gray in the centers, while the reverse shows scattered pinkish-gray, light blue, and amber patina. The strike is fairly sharp overall, despite softness on a few obverse stars and some of the eagle's details below the shield. A simply exceptional coin, numerically tied with two other examples, one each at NGC and PCGS -- but this is the only Star-designated piece (9/13). Ex: Eric P. Newman Numismatic Education Society. Realized $35,250.00 . Description courtesy of Heritage Auctions, ha.com.
2942. Lot 33371
- Beschreibung:
- 1855 25C Arrows MS67+ S NGC. The mintage of 1855 Arrows quarters was far smaller than the 1853 Arrows and Rays or the 1854 Arrows quarters, at 2.8 million pieces. The smaller mintage, combined with the fact that the novelty of the slightly different design had probably worn off the collecting public, means that today the 1855 is the scarcest Philadelphia Arrows issue. This MS67+ S example from the Newman Collection is a marvelous coin that boasts an essentially full strike; the date and arrows are shallowly impressed into the die, not softly struck. This is another coin that is in such high grade (and of such high aesthetic quality) that it is difficult to make ready comparisons with other coins of the same issue. The finest-graded example offered at auction in recent years is a single MS67 NGC coin that brought $31,050 (Bowers and Merena, 1/2005), lot 414. PCGS has seen three submissions in MS66 with none finer, while at NGC this piece is one of four in MS67, but the others lack both the Plus and Star designations, making this piece the finest known example. And what a superlative coin it is! Generous luster runs over each side, complementing gold, amber, lilac, and ice-blue hues, with a bit of silver-gray remaining in the central obverse. The Star designation for superior eye appeal is fully merited, as we cannot conceive of a finer example, either technically or aesthetically. This coin would fit nicely into a type set, but many collectors who simply collect beautiful coins, regardless of series, should also be bidding fiercely on this piece. Census: 4 in 67 (1 in 67+ S), 0 finer (10/13). Ex: Eric P. Newman Numismatic Education Society. Realized $41,125.00 . Description courtesy of Heritage Auctions, ha.com.
2943. Lot 33371
- Beschreibung:
- 1855 25C Arrows MS67+ S NGC. The mintage of 1855 Arrows quarters was far smaller than the 1853 Arrows and Rays or the 1854 Arrows quarters, at 2.8 million pieces. The smaller mintage, combined with the fact that the novelty of the slightly different design had probably worn off the collecting public, means that today the 1855 is the scarcest Philadelphia Arrows issue. This MS67+ S example from the Newman Collection is a marvelous coin that boasts an essentially full strike; the date and arrows are shallowly impressed into the die, not softly struck. This is another coin that is in such high grade (and of such high aesthetic quality) that it is difficult to make ready comparisons with other coins of the same issue. The finest-graded example offered at auction in recent years is a single MS67 NGC coin that brought $31,050 (Bowers and Merena, 1/2005), lot 414. PCGS has seen three submissions in MS66 with none finer, while at NGC this piece is one of four in MS67, but the others lack both the Plus and Star designations, making this piece the finest known example. And what a superlative coin it is! Generous luster runs over each side, complementing gold, amber, lilac, and ice-blue hues, with a bit of silver-gray remaining in the central obverse. The Star designation for superior eye appeal is fully merited, as we cannot conceive of a finer example, either technically or aesthetically. This coin would fit nicely into a type set, but many collectors who simply collect beautiful coins, regardless of series, should also be bidding fiercely on this piece. Census: 4 in 67 (1 in 67+ S), 0 finer (10/13). Ex: Eric P. Newman Numismatic Education Society. Realized $41,125.00 . Description courtesy of Heritage Auctions, ha.com.
2944. Lot 33370
- Beschreibung:
- 1854 25C Arrows MS67 S NGC. The U.S. Mint's weight reduction of minor silver coinage -- half dimes, dimes, quarters, and half dollars -- in 1853 successfully alleviated the acute shortage of circulating silver coins in domestic circulation, and the 1853 Arrows and Rays quarter issue saw an enormous production total, exceeding 15 million coins. The 1854 Arrows quarters saw a mintage nearly as large, more than 12 million pieces. The present MS67 S example from the Newman Collection boasts first-rate eye appeal and excellent preservation, as expected at this grade level. Concentric toning in a range of pastel hues covers both sides, and the strike is sharp throughout, bordering on full. Numerous fine die cracks appear near the peripheries of each side, evidence of die fatigue. Census: 4 in 67 (1 in 67 S), 0 finer (10/13). This stunning Superb Gem would make an impressive addition to a fine type or complete Seated quarter set. Ex: Eric P. Newman Numismatic Education Society. Realized $38,187.50 . Description courtesy of Heritage Auctions, ha.com.
2945. Lot 33370
- Beschreibung:
- 1854 25C Arrows MS67 S NGC. The U.S. Mint's weight reduction of minor silver coinage -- half dimes, dimes, quarters, and half dollars -- in 1853 successfully alleviated the acute shortage of circulating silver coins in domestic circulation, and the 1853 Arrows and Rays quarter issue saw an enormous production total, exceeding 15 million coins. The 1854 Arrows quarters saw a mintage nearly as large, more than 12 million pieces. The present MS67 S example from the Newman Collection boasts first-rate eye appeal and excellent preservation, as expected at this grade level. Concentric toning in a range of pastel hues covers both sides, and the strike is sharp throughout, bordering on full. Numerous fine die cracks appear near the peripheries of each side, evidence of die fatigue. Census: 4 in 67 (1 in 67 S), 0 finer (10/13). This stunning Superb Gem would make an impressive addition to a fine type or complete Seated quarter set. Ex: Eric P. Newman Numismatic Education Society. Realized $38,187.50 . Description courtesy of Heritage Auctions, ha.com.
2946. Lot 33369
- Beschreibung:
- 1853/53 25C No Arrows MS67 NGC. FS-301. CAC. By 1853 there was an acute shortage of circulating silver in the United States. The continued devaluation of gold in comparison to silver, due to the California Gold Rush of 1849, had reached crisis proportions. The mining of new supplies of the yellow metal from California reached a peak in 1853. The new gold dollars, introduced in 1849, were ubiquitous and quite popular, and the Mint set a production record in their coinage in 1853, as substitutes for the virtually nonexistent circulating silver. However, one dollar was a considerable amount of money at that time; for smaller amounts, there was no adequate medium of exchange, save for copper cents and half cents and the three cent silver, introduced in 1851 with net 750 fine (75% silver/25% copper) content. In February 1853, all silver coinage (except for the silver dollar and the subsidiary three cent silver) saw their net silver content reduced, signified by arrows and rays on the quarters and half dollars of later 1853, and by arrows (only) at the date on half dimes and dimes. The U.S. Mint apparently used only a single die to strike all of the non-Arrows and Rays 1853-dated Seated quarters, and today they are quite rare, although generally in high grades when encountered (these coins did not have time to circulate before the lower-content silver coinage appeared). Only 44,200 quarters were struck, all of which show repunching on both the 5 and the 3. (The issue is sufficiently rare that counterfeits made by altering 1858-dated quarters are known, but the 5 on the 1858 is upright, where it is slanted on the 1853. Obviously, the weight is different as well, and there is no repunching visible on the bogus 1858s.) The Newman Collection example certified MS67 by NGC, is a coin of memorable quality and impressive eye appeal. There is a second, slightly lower flag visible beneath the final flag of the 5, and there are remnants of the top loop of the first 3 visible beneath and outside the top loop of the final 3. Concentric iridescent toning appears on each side, with amber, sage, ice-blue, and deep russet predominating. The strike is full throughout both sides, and there are simply no marks or other impairments that detract from the incredible quality. Census: 3 in 67, 1 finer (10/13). Ex: Eric P. Newman Numismatic Education Society. Realized $30,550.00 . Description courtesy of Heritage Auctions, ha.com.
2947. Lot 33369
- Beschreibung:
- 1853/53 25C No Arrows MS67 NGC. FS-301. CAC. By 1853 there was an acute shortage of circulating silver in the United States. The continued devaluation of gold in comparison to silver, due to the California Gold Rush of 1849, had reached crisis proportions. The mining of new supplies of the yellow metal from California reached a peak in 1853. The new gold dollars, introduced in 1849, were ubiquitous and quite popular, and the Mint set a production record in their coinage in 1853, as substitutes for the virtually nonexistent circulating silver. However, one dollar was a considerable amount of money at that time; for smaller amounts, there was no adequate medium of exchange, save for copper cents and half cents and the three cent silver, introduced in 1851 with net 750 fine (75% silver/25% copper) content. In February 1853, all silver coinage (except for the silver dollar and the subsidiary three cent silver) saw their net silver content reduced, signified by arrows and rays on the quarters and half dollars of later 1853, and by arrows (only) at the date on half dimes and dimes. The U.S. Mint apparently used only a single die to strike all of the non-Arrows and Rays 1853-dated Seated quarters, and today they are quite rare, although generally in high grades when encountered (these coins did not have time to circulate before the lower-content silver coinage appeared). Only 44,200 quarters were struck, all of which show repunching on both the 5 and the 3. (The issue is sufficiently rare that counterfeits made by altering 1858-dated quarters are known, but the 5 on the 1858 is upright, where it is slanted on the 1853. Obviously, the weight is different as well, and there is no repunching visible on the bogus 1858s.) The Newman Collection example certified MS67 by NGC, is a coin of memorable quality and impressive eye appeal. There is a second, slightly lower flag visible beneath the final flag of the 5, and there are remnants of the top loop of the first 3 visible beneath and outside the top loop of the final 3. Concentric iridescent toning appears on each side, with amber, sage, ice-blue, and deep russet predominating. The strike is full throughout both sides, and there are simply no marks or other impairments that detract from the incredible quality. Census: 3 in 67, 1 finer (10/13). Ex: Eric P. Newman Numismatic Education Society. Realized $30,550.00 . Description courtesy of Heritage Auctions, ha.com.
2948. Lot 33368
- Beschreibung:
- 1852 25C MS68 S NGC. The mintage of Seated quarters actually increased a tad from 1851 to 1852 -- 160,000 circulation strikes for the earlier issue and 177,060 pieces for the later. But, in any case, most wound up in melting pots. The abundant supplies of gold after 1849 served to devalue gold and make the melting of pre-1853 silver coinage increasingly profitable. It would take the reduction in silver content signaled by the 1853-54 Arrows coinage to again restore domestic silver coinage into circulation. Seated quarter expert Larry Briggs calls all of these issues, which are often underappreciated, "scarce in all grades and rare in Mint State." This MS68 S NGC-graded piece is numerically the finest by two grade points over the next-closest examples at that service. This is the first appearance of an MS68 S coin at auction, so it is impossible to speculate on the price that will be realized. The highest-graded examples of the 1852 that we know of traded at auction are a pair of MS66 PCGS pieces; one brought $12,640 in an August 2004 ANR auction (lot 343). A different coin in the same grade brought $20,900 in an August 1990 RARCOA auction (lot 650). The present Newman Collection coin will no doubt form the centerpiece of any Seated quarter, type, or other collection that it joins. The obverse is richly patinated in concentric rings of amber and blue, while the reverse shows some silver remaining in the center with a more-modest ring of color at the periphery. The strike is full throughout, and generous luster radiates from both sides. Ex: Eric P. Newman Numismatic Education Society. Realized $105,750.00 . Description courtesy of Heritage Auctions, ha.com.
2949. Lot 33368
- Beschreibung:
- 1852 25C MS68 S NGC. The mintage of Seated quarters actually increased a tad from 1851 to 1852 -- 160,000 circulation strikes for the earlier issue and 177,060 pieces for the later. But, in any case, most wound up in melting pots. The abundant supplies of gold after 1849 served to devalue gold and make the melting of pre-1853 silver coinage increasingly profitable. It would take the reduction in silver content signaled by the 1853-54 Arrows coinage to again restore domestic silver coinage into circulation. Seated quarter expert Larry Briggs calls all of these issues, which are often underappreciated, "scarce in all grades and rare in Mint State." This MS68 S NGC-graded piece is numerically the finest by two grade points over the next-closest examples at that service. This is the first appearance of an MS68 S coin at auction, so it is impossible to speculate on the price that will be realized. The highest-graded examples of the 1852 that we know of traded at auction are a pair of MS66 PCGS pieces; one brought $12,640 in an August 2004 ANR auction (lot 343). A different coin in the same grade brought $20,900 in an August 1990 RARCOA auction (lot 650). The present Newman Collection coin will no doubt form the centerpiece of any Seated quarter, type, or other collection that it joins. The obverse is richly patinated in concentric rings of amber and blue, while the reverse shows some silver remaining in the center with a more-modest ring of color at the periphery. The strike is full throughout, and generous luster radiates from both sides. Ex: Eric P. Newman Numismatic Education Society. Realized $105,750.00 . Description courtesy of Heritage Auctions, ha.com.
2950. Lot 33367
- Beschreibung:
- 1851 25C MS67+ S NGC. Beginning with the 1849 California Gold Rush, the United States saw huge influxes of newly mined (and often, newly minted) gold bullion and gold coinage, greatly increasing the supply of gold in relation to silver. Two signs of the times were the introductions in 1849 and 1850, respectively, of the nation's new smallest and largest circulating gold denominations, the gold dollar and the twenty dollar gold piece (double eagle). The effect of the vastly increased supplies of gold served to make the price of silver rise in terms of gold or paper currency; soon after the Gold Rush began, profiteers began melting Federal silver coinage, which was worth more as bullion than as circulating specie. In 1849, the Philadelphia Mint struck 340,000 Seated quarters for circulation. In 1850, the total quarter mintage was reduced to 190,800 pieces, and in 1851, the total would be lower still, only 160,000 quarter business strikes. But the mintage totals are irrelevant except, perhaps, as a gross benchmark; all three issues, along with the 1852 and 1853/53 (No Arrows) coinage, suffered similar fates for the most part, ending up by the many thousands in public and private melting pots. This incredible 1851 Seated quarter from the Newman Collection graded MS67+ S by NGC is, quite simply, the finest certified by a country mile, aesthetically and technically. PCGS has seen a single submission in MS66, although we have no record of that coin ever trading hands publicly. NGC has seen two submissions in MS65 with none finer until the Newman coin came along, therefore this is the finest graded at NGC by two grade points, a Plus, and a Star (10/13). The designation for superior eye appeal is richly deserved, as even a casual glance confirms the incredible surface quality and impeccable strike and preservation. Amber-gold and copper hues occupy the centers, with the obverse in particular showing concentric toning in a range of blue tones. Only two stars, 6 and 7, show a bit of strike softness, and contact marks are completely inconsequential. A top-drawer coin even within the Newman Collection. Ex: Eric P. Newman Numismatic Education Society. Realized $25,850.00 . Description courtesy of Heritage Auctions, ha.com.