Eric P. Newman Collection, Part II
User Collection Public
3654
Items
Last Updated: 2022-03-24
Eric P. Newman Collection Part II, sold by Heritage Auctions, November 2013, featuring U.S. federal coinage.
Collection Details
- Total items
-
3654
- Size
-
unknown
Works (3654)
2951. Lot 33367
- Description:
- 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.
2952. Lot 33366
- Description:
- 1849 25C MS65 NGC. Gold was discovered in California in 1848, leading to the great California Gold Rush that began in earnest in 1849, the year this lovely piece was minted. The result of the gold rush was predictable, with silver prices rising in relation to gold; massive quantities of the precious yellow metal were being mined and minted into coinage at Philadelphia and New Orleans. Although the Philadelphia Mint coined 340,000 quarter dollars in 1849, most of those coins were hoarded and eventually melted by bullion speculators. The actions of those bullion speculators created a prize for present-day numismatists as few Mint State examples of this issue survive. NGC has only certified 27 Mint State examples of this issue that range from MS61 to MS65. To explain the rarity of these silver issues in relation to gold, consider the 1849 half eagle, having a mintage of only 133,070 coins, with 29 NGC certified Mint State examples ranging from MS60 to MS64. Clearly, gold coins from that era survived in greater proportion than silver coins. The silver centers of each side blend into russet and charcoal-gray on the reverse, and into concentric rings of pale green, gold, sky-blue, and amber on the obverse. The strike is quite sharp throughout both sides, and there are few marks for the assigned grade, with copious eye appeal. Census: 3 in 65, 0 finer (10/13). Ex: Eric P. Newman Numismatic Education Society. Realized $10,575.00 . Description courtesy of Heritage Auctions, ha.com.
2953. Lot 33366
- Description:
- 1849 25C MS65 NGC. Gold was discovered in California in 1848, leading to the great California Gold Rush that began in earnest in 1849, the year this lovely piece was minted. The result of the gold rush was predictable, with silver prices rising in relation to gold; massive quantities of the precious yellow metal were being mined and minted into coinage at Philadelphia and New Orleans. Although the Philadelphia Mint coined 340,000 quarter dollars in 1849, most of those coins were hoarded and eventually melted by bullion speculators. The actions of those bullion speculators created a prize for present-day numismatists as few Mint State examples of this issue survive. NGC has only certified 27 Mint State examples of this issue that range from MS61 to MS65. To explain the rarity of these silver issues in relation to gold, consider the 1849 half eagle, having a mintage of only 133,070 coins, with 29 NGC certified Mint State examples ranging from MS60 to MS64. Clearly, gold coins from that era survived in greater proportion than silver coins. The silver centers of each side blend into russet and charcoal-gray on the reverse, and into concentric rings of pale green, gold, sky-blue, and amber on the obverse. The strike is quite sharp throughout both sides, and there are few marks for the assigned grade, with copious eye appeal. Census: 3 in 65, 0 finer (10/13). Ex: Eric P. Newman Numismatic Education Society. Realized $10,575.00 . Description courtesy of Heritage Auctions, ha.com.
2954. Lot 33365
- Description:
- 1848/1--8 25C VP-001 MS67 S NGC. Briggs 2-B. Seated quarter expert Larry Briggs aptly describes this variety as 1/1/1-8/8, as the 1 is triple-punched, the last 8 double-punched. U.S. Mint Chief Engraver Christian Gobrecht died at age 58 on July 23, 1844. Mint Director Robert Maskell Patterson began an intensive search for his replacement, but two months afterward was forced, for political reasons, to appoint Mint outsider James Barton Longacre, age 50, to the position. Patterson and Chief Coiner Franklin Peale opposed him; although Longacre was a talented engraver, he lacked skills as a die-cutter, and numismatists have long laid the blame on him for the many repunched, blundered, and reengraved dates on circulating coinage from 1844 to 1850. The base of the 1 shows a second base just below the final base, and a prominent left-bottom serif of a 1 appears far higher than the proper position. The last 8 shows prominent repunching at the bottom. The date digits are connected by a wispy die crack which continues to the denticles in the exergue on each side of the date. This Superb Gem offers stunning surfaces and color, silver centers ceding to concentric rainbow patina on each side, the obverse featuring a bit more blue. The strike is quite sharp, and mentionable contact is simply a nonissue. Ex: Eric P. Newman Numismatic Education Society. Realized $21,150.00 . Description courtesy of Heritage Auctions, ha.com.
2955. Lot 33365
- Description:
- 1848/1--8 25C VP-001 MS67 S NGC. Briggs 2-B. Seated quarter expert Larry Briggs aptly describes this variety as 1/1/1-8/8, as the 1 is triple-punched, the last 8 double-punched. U.S. Mint Chief Engraver Christian Gobrecht died at age 58 on July 23, 1844. Mint Director Robert Maskell Patterson began an intensive search for his replacement, but two months afterward was forced, for political reasons, to appoint Mint outsider James Barton Longacre, age 50, to the position. Patterson and Chief Coiner Franklin Peale opposed him; although Longacre was a talented engraver, he lacked skills as a die-cutter, and numismatists have long laid the blame on him for the many repunched, blundered, and reengraved dates on circulating coinage from 1844 to 1850. The base of the 1 shows a second base just below the final base, and a prominent left-bottom serif of a 1 appears far higher than the proper position. The last 8 shows prominent repunching at the bottom. The date digits are connected by a wispy die crack which continues to the denticles in the exergue on each side of the date. This Superb Gem offers stunning surfaces and color, silver centers ceding to concentric rainbow patina on each side, the obverse featuring a bit more blue. The strike is quite sharp, and mentionable contact is simply a nonissue. Ex: Eric P. Newman Numismatic Education Society. Realized $21,150.00 . Description courtesy of Heritage Auctions, ha.com.
2956. Lot 33364
- Description:
- 1844 25C MS65+ S NGC. CAC. One of the many delights of the Eric Newman Collection is not only the quality of the coins presented, but the consistency of their appearance. The coins that are near to each other within a given series often show a similar texture in color and overall preservation, sometimes even in the coloration of the patina, given that they have obviously been stored in the same fashion for many decades (and in many cases, probably before that within the "Colonel" Green Collection). Note how similar the coloration of this coin is to the 1843 Seated quarter in MS64+ in this collection. This MS65+ S 1844 Seated quarter displays concentric rainbow toning throughout the obverse, and like the 1843 a silver-centered reverse with rim color accents, here amber-gold and charcoal. And as for quality: Even this "common" issue is the sole finest at NGC, given the Plus and Star bonuses. Census: 3 in 65 Cameo (1 in 65+ S Cameo), 0 finer (10/13). Ex: Eric P. Newman Numismatic Education Society. Realized $17,625.00 . Description courtesy of Heritage Auctions, ha.com.
2957. Lot 33364
- Description:
- 1844 25C MS65+ S NGC. CAC. One of the many delights of the Eric Newman Collection is not only the quality of the coins presented, but the consistency of their appearance. The coins that are near to each other within a given series often show a similar texture in color and overall preservation, sometimes even in the coloration of the patina, given that they have obviously been stored in the same fashion for many decades (and in many cases, probably before that within the "Colonel" Green Collection). Note how similar the coloration of this coin is to the 1843 Seated quarter in MS64+ in this collection. This MS65+ S 1844 Seated quarter displays concentric rainbow toning throughout the obverse, and like the 1843 a silver-centered reverse with rim color accents, here amber-gold and charcoal. And as for quality: Even this "common" issue is the sole finest at NGC, given the Plus and Star bonuses. Census: 3 in 65 Cameo (1 in 65+ S Cameo), 0 finer (10/13). Ex: Eric P. Newman Numismatic Education Society. Realized $17,625.00 . Description courtesy of Heritage Auctions, ha.com.
2958. Lot 33363
- Description:
- 1841 25C MS66 S NGC. CAC. MS66 examples of the 1841 quarter dollar do not come onto the market often. In fact, it is only with the certification of this MS66 S coin that one can say "examples" at all, as previously there was a single PCGS-graded piece at that level in the combined certified population, with none finer. Heritage had the privilege of offering the PCGS coin in June 1995; now, more than 18 years later, we have the honor of offering its NGC-certified Newman counterpart. This Premium Gem earns its Star designation with effusive luster which is more obvious on the more lightly toned reverse. On that side, blue rims give way to a medium-width ring around a silver-white core. The obverse, by contrast, has strong turquoise, lapis, and amethyst around a small center with reddish-orange "fire." A coin as beautiful as it is original, more than 170 years old and still marvelous. Ex: Eric P. Newman Numismatic Education Society. Realized $41,125.00 . Description courtesy of Heritage Auctions, ha.com.
2959. Lot 33363
- Description:
- 1841 25C MS66 S NGC. CAC. MS66 examples of the 1841 quarter dollar do not come onto the market often. In fact, it is only with the certification of this MS66 S coin that one can say "examples" at all, as previously there was a single PCGS-graded piece at that level in the combined certified population, with none finer. Heritage had the privilege of offering the PCGS coin in June 1995; now, more than 18 years later, we have the honor of offering its NGC-certified Newman counterpart. This Premium Gem earns its Star designation with effusive luster which is more obvious on the more lightly toned reverse. On that side, blue rims give way to a medium-width ring around a silver-white core. The obverse, by contrast, has strong turquoise, lapis, and amethyst around a small center with reddish-orange "fire." A coin as beautiful as it is original, more than 170 years old and still marvelous. Ex: Eric P. Newman Numismatic Education Society. Realized $41,125.00 . Description courtesy of Heritage Auctions, ha.com.
2960. Lot 33362
- Description:
- 1840 25C MS66 S NGC. As the Western movie line goes, there is "a new sheriff in town" for high-grade 1840 With Drapery quarters. Before this coin's certification, a trio of MS65 coins (one graded by NGC, two by PCGS) stood together at the top of the combined census, but now this MS66 S coin shines alone--and shine it does, with gorgeous concentric toning on the obverse that is blue-green at the rims with a fade through indigo and violet toning that finishes in a small peach core. The sharply defined reverse is semi-reflective in the fields with colors appearing mostly at the borders. With its amazing all-around eye appeal, this early Seated quarter more than earns the Star designation that goes along with its Premium Gem grade. Ex: Eric P. Newman Numismatic Education Society. Realized $35,250.00 . Description courtesy of Heritage Auctions, ha.com.