F.U.N. 1999

656 Pages·72.5 MB·English

by  Heritage Numismatic Auctions, Inc.

Heritage Numismatic AuctionsfJnc.
The North Georgia Collection of Charlotte & Dahlonega Gold
The New York Collection
The William Dominick Collection of Mercuiy Dimes
The Ra^ Farley Collection of Silver Dollars
The Ted Moran Collection of Silver Dollars
The Hemy Brookings Collection, Part I
The Harold Way Collection
The Warren Cook Collection, Part I
And Ed Trompeter's With Motto Proof Eagles
\
JANUARY 6-8, 1999 • ORLANDO, FLORIDA
AMERICA S CONVENTION AUCTIONEER
ERITAGE
NUMISMATIC AUCTIONS, INC.
CHICAGO
ANA • 1999
WORLD HEADQUARTERS HERITAGE CAPITAL CORPORATION OFFICERS
Heritage Numismatic Auctions, Inc. Co-Chairmen of the Board
Merit lae Plaza • 100 Highland Park Village • Suite 200
R. Steven Ivy
Dallas, Texas 75205-2788
James L. Halperin
WAT'v 1-800-872-6467 • Dallas: 214-528-3500
• FAX: [phone] Greg Rohan - Executive Vice President
web site: www.heritagecoin.com Arlen Ewart - Chief Financial Officer
e-mail: [email protected] Paul Minshull - Chief Operating Officer
Vice Presidents
Cathy Hadd - Marketing
AUCTION DEPARTMENT
Jay Freeman - MIS
Bruce Scott - Operations
Consignments
Bob Merrill, West Coast Representative
General Counsel
ext. 270 • e-mail: [email protected]
Richard K. Brainerd
Leo Frese, Consignment Coordinator
ext. 294 • e-mail: [email protected]
Customer Service
AFFILIATED DOMESTIC OFFICES
Heather Gaden, Administrative Assistant
Massachusetts
ext. 275 • e-mail: [email protected]
LeeJ. Bellisario
Julie Riley, Bidder Services
P.O. Box 123
ext. 303 • email: [email protected]
Waban, Massachusetts, 02168
Operations [phone]
Robert Korver, Chief Operating Officer
ext. 279 • e-mail: [email protected]
Sam Foose, Assistant Auction Director AFFILIATED OVERSEAS OFFICES
ext. 312 • e-mail: [email protected]
France
Scott Peterson, Auction Assistant
ext. 396 • e-mail: [email protected] Heritage France
10 Rue St. Marc
Norma Pedrero, Consignment Assistant
75002 Paris
ext. 242 • e-mail: [email protected]
011-331-4508-1763
Germany
Credit
Marc Emory
Marti Korver, Credit Manager Ratingen -Dtisseldorf
ext. 248 • e-mail: [email protected] 011-49-2102-83280
FAX: [phone]
Cataloging
Holland
Mark Van Winkle, Chief Cataloger
ext. 252 • e-mail: [email protected] Piet Willems
Jim Jones Bennekom
ext. 31l) • e-mail: [email protected] 011-31-318-418064
FAX: [phone]
Greg Lauderdale
txt. 280 • e-mail:[email protected] Switzerland
Primary Graders Alain Villard
Geneva
Lee Abramson
011-4122-45-3437
ext. 1' • e-mail: [email protected]
FAX: [phone]
Will Rossman
txr <.26 • e-mail: [email protected]
Internet Services
Dennis Nowicki, Webmaster
xr • e-m nl: [email protected]
JANUARY 1999 F.U.N. SALE
Featwing
The North Georgia Collection of Charlotte & Dahlonega Gold
The New York Collection
The William Dominick Collection of Mercury Dimes
The Ray Farley Collection of Silver Dollars
The Ted Moran Collection of Silver Dollars
The Flemy Brookings Collection, Part 1
The Hai old Way Collection
The Warren Cook Collection, Part 1
And Ed Trompeter’s With Motto Proof Eagles
MAIN EXHIBITION OF LOTS PUBLIC AUCTION AND MAIL BID SALE
Room 230-C • Orange County Convention Center Room 230-A • Orange County Convention Center
Orlando, Florida Orlando, Florida
Monday, January 4 • 10:00 am - 8:00 pm* SESSION 1 • LOTS 5001 - 5810
Tuesday, January 5 • 8:00 am - 7:00 pm Wednesday , January 6, 7:00 pm
Wednesday, January 6 • 8:00 am - 7:00 pm
SESSION 2 • LOTS 5811 - 6118
Tliursday, January 7 • 8:00 am - 7:00 pm
Thursday, January 7, 1:00 pm
Friday, January 8 • 8:00 am - 7:00 pm
SESSION 3 • LOTS 6119 - 6993
Thursday, January 7, 7:00 pm
‘Some lots may not be
available on this date SESSION 4 • LOTS 6994 - 7380
Friday, January 8, NOON
SESSION 5 • LOTS 7381 - 7603
Friday, January 8, 3:00 pm
SESSION 6 • LOTS 7604 - 8510
Friday, January 8, 7:00 pm
Lots are sold at the approximate rate of 200 per hour.
Lot Settlement and Pick Up
Daily after each session • 9:00 am - LOO pm Daily Except on Saturday
(Saturday Hours Will Be 9:00 am - 5:00 pm)
CATALOGED AND SOLD BY
AMERICA'S CONVENTION AUCTIONEER
ERITAGE
GET
AUCTION
NUMISMATIC AUCTIONS, INC. CHICAGO RESULTS
ANA* 1999
Available1200 Noon Next Day
Heritage Plaza, 100 Highland Park Village, Dallas, Texas 75205-2788 • The Heritage Results Line:
FAX BIDS TO: 214-528-3500"• WATS: 1-800-US COINS (872-6467)
214-443-8422
website: www.heritagecoin.com • email: [email protected]
214 443-8425
-
ATTENTION: Available 1200 Noon on
Auctioneers: Leo Frese, License # AU0001059,
HEATHER GADEN
Heritage Numismatic Auctions, Inc., License # AB0000665 Monday After the Sale
FAX DEADLINE:
Cataloged by: • Website Results:
Wednesday, Jan. 6 Mark Van Winkle, Chief Cataloger
www.heri tagecoi n .com
3:00 pm CST Jim tones, Bob Kotver, Greg Lauderdale, Dennis Nowicki, Will Rossman,
Warren Tucker, and Doug Winter • Prices Realized FAXBACK
Photography by Jody Garver 214-443-8426
Production and design by Carl Watson and Michael McClinton
CiCopyright 1998 Heritage Numismatic Auctions. Inc.
AMERICA S CONVENTION AUCTIONEER
ERITAGE
NUMISMATIC AUCTIONS, INC.
Dear Bidder,
What a fabulous selection of coins have come to Orlando for your bidding interest! This catalog
is a tribute to the wonderful job that our friends at FUN have accomplished in making Florida
United Numismatists the greatest hobby group in America. And every FUN show just seems to
get better!
The North Georgia Collection of Charlotte & Dahlonega Gold
The $3 million-plus North Georgia Collection of Charlotte & Dahlonega Gold includes the finest
known example of the legendary 1849-C Open Wreath gold dollar. This is a collection where
superlatives fail, simply because so many of the coins are “Condition Census” or “The Finest
Known.” Simply stated, this is the most comprehensive collection of Charlotte & Dahlonega
Gold ever assembled. It deserves the superlatives, and the bidding attention of every numisma¬
tist seeking one of these masterpieces of Southern numismatic art.
Assembled by an astute collector over more than a decade, this assemblage will now afford a
new generation of collectors the opportunity to bid on individual rarities seldom encountered in
the marketplace. Dealers who have had the opportunity to inspect the complete collection have
been uniformly impressed with the quality of the coins; these are among the most “original
looking” branch mint gold coins they have ever handled.
The United States Branch Mint in Charlotte, North Carolina, operated from 1838 to 1861, pro¬
ducing limited issues of coins bearing the “C” mintmark, from gold mostly mined in North Car¬
olina. The Charlotte portion of the Collection consists of 94 coins: 19 gold dollars, 34 quarter
eagles, and 41 half eagles. According to Doug Winter, author of Charlotte Mint Gold Coins:
1838-1861, “The North Georgia Collection contains the finest run of Charlotte issues ever
assembled.” The 1849-C Open Wreath dollar, according to Heritage Co-Chairman Jim Halperin,
“is absolutely the finest known to us, and pound for pound, may well be the most valuable coin
on earth.”
The United States Branch Mint in Dahlonega, Georgia operated from 1838 to 1861, producing
coins bearing the “D” mintmark, from gold mined in Georgia. The Dahlonega portion of the
Collection consists of an extraordinary 117 coins: 19 gold dollars, 39 quarter eagles, 3 of the
rare $3 pieces struck in 1854 at Dahlonega, and 56 half eagles. The North Georgia Collection
also contains an impressive representation of gold coins produced by private minters, including
the excessively rare 1830 Templeton Reid quarter eagle from Georgia, and ten Bechtler coins
trom North Carolina (including three different high-grade half eagles).
f he North Georgia Collection was consigned to Heritage through the efforts of Hancock & Har¬
well Rare Coins, and Douglas Winter Numismatics. Heritage is pleased to be included in the
select company that will pass along these numismatic treasures to a new generation of collec¬
tors.
The historic 1839/8 $10 (Type of 1838)
In July 1838, after Congressional action altered the weight and fineness standards of U.S. gold
coins, the Secretary of Treasury instructed Mint Director Patterson to resume coinage of the
eagle (which had not been minted since 1804). Acting Engraver Christian Gobrecht prepared
new dies, and on Dec. 6, four “specimens” were followed by 7,200 business strikes. This same
design, formerly known as the “Large Letters" variety, was struck again in 1839; 25,801 “Type
of 1838” eagles were minted that year. Only a handful of pieces (nine altogether) have been
certified in mint condition, with this coin the finest known (this is also the MS 66 coin appear¬
ing on the NGC census). In this two-year series, where an XF or AU coin is a significant offer¬
ing, the importance of this extraordinary piece to both date and type collectors cannot be
overemphasized. This coin is nothing less than exceptional: bright and lustrous with a glim¬
mering semi-prooflike sheen, and uncommonly well defined striking details. This can be con¬
sidered the perfect prototype for the long-lived Coronet series.
With Motto Proof Eagles from the Ed Trompeter Collection
At the Portland ANA, Heritage announced the largest single purchase in its history-in fact, the
cash purchase of the Ed Trompeter Estate for $15,177,500 was the largest single purchase in
numismatic history. We offered the Matte Proof Selections from the Trompeter Estate in our
September Long Beach Signature sale to rave reviews-and bidding-front the numismatic world.
We are pleased to bring Ed Trompeter’s complete run of With Motto Eagles to Orlando for your
bidding consideration. I could rave about the quality of the coins, but instead will merely direct
your attention to the color plates.
The William Dominick Collection of Mercury Dimes
After more than 25 years of watching noted New Jersey dealer William Dominick buying Mer¬
cury dimes, it was no secret to his fellow dealers that Bill was an aficionado of the series-espe-
cially Full Band gems he encountered. What they may not have realized, as Bill will admit, is
that at some point he crossed over the line from dealer to collector. His search for coins of the
highest quality, with full bands and overall strength of strike, is now your collecting opportuni¬
ty in the FUN Sale. After more than two decades, more than 1,000 coin shows across America,
countless auctions, and dealers bringing him treasures, Bill achieved the second finest collec¬
tion on the PCGS Registry. As a true collector, he did what every red-blooded American numis¬
matist wishes he could do: Bill bought the finest set and merged the two! We now offer for your
consideration this amazing complete set of regular issue Mercury dimes. Pedigreed to the
William Dominick Collection, the purchasers of these numismatic treasures will own a piece of
numismatic history.
The Ray Farley Collection of Silver Dollars
The Ray Farley Collection brings to Orlando a most impressive array of America’s silver dollars.
Some exceptional early material, including an attractive 1794, is followed by a virtually com¬
plete set of Seated dollars (lacking only the 1870-S), and complete sets of Morgan and Peace
dollars. More than a decade in the making, the Farley Collection demonstrates what can be
accomplished with dedication and the willingness to travel, inspect, bid, and buy.
The Ted Moran Collection
The Ted Moran Collection certainly contains an impressive selection of dollars, but type collec¬
tors will find much of interest as well. Moran began collecting as a young man during the
1930s. Starting his life-long hobby with Indian cents, Moran has been a serious numismatist
for more than four decades. He enjoys the search for quality specimens and the challenge of
completing the collection; we are pleased to be offering herewith his fourth complete collection
of Morgan dollars.
U\t assembled his first complete Morgan collection out of circulation, with the help of a small¬
town ^population 1,500) banker friend. His friend would order bags of cartwheels, Ted would
look through them late at night, attach a note listing how many coins he removed, and tuck the
bags inside the bank’s door in the morning. Did I mention this was a long time ago? Over the
decades, as Ted balanced leisure hours and hobby dollars, he would pursue coins, complete col¬
lections, sell them, and move on to the next area of interest. Some series, like the Morgan dol¬
lars, attracted his attention more than others did. Half a century after starting his first collec¬
tion, Ted is working to complete still another collection of Indian cents.
The 1893-S Morgan Dollar, MS 65 NGC
The 1893-S has long been recognized as the premier rarity in the Morgan dollar series, espe¬
cially in high grade. Dollar mintages were greatly reduced following repeal of the Sherman Act
in 1893. Just 100,000 pieces were struck in San Francisco that year, and the vast majority
seems to have been melted. The survivors circulated extensively in the channels of commerce.
Today, even XF and AU specimens can be difficult to locate. In this extraordinary grade, and as
white as this specimen is, rest assured that every serious Morgan collector will be interested.
The importance of this extraordinary coin to Morgan collectors cannot be overemphasized. This
coin is exceptional: white, bright and lustrous, with well defined striking details.
The New York Collection
There are coin collectors for whom numismatics is their entire life, while others approach
numerous areas of collecting with equal zeal. The New York Collection was assembled by a con¬
noisseur, whose appreciation for fine quality permeated every aspect of his life. When first mar¬
ried, many decades ago, he so cherished superb quality that he furnished their New York apart¬
ment in “fine antiques far beyond what a newly married couple could afford.” Even though
“Buy the Best” meant they couldn’t afford to finish furnishing their apartment, that was an
acceptable trade-off for pursuing quality. With financial success came more than enough furni¬
ture, and plenty of other quality collectibles as well. Late in his career, the connoisseur discov¬
ered rare coins, and his interest in the beauty and rarity of Twentieth Century coins-especially
gold-inspired him to assemble this magnificent collection. Among the outstanding highlights
are his 1914 proof set and key-date gold (1933 $ 10 and 1930-S $10). The 1907 eagle pair
(Rolled Edge & Wire Rim) is sure to attract inspired bidding.
The Henry Brookings Collection, Part 1
Selections from the Henry Brookings Collection will be offered to Heritage bidders over the next
four auctions. Henry says that he has “collected his entire life,” by which he means more than
30 years. Over the last decade, Henry became more serious about his numismatic pursuits, and
began to assemble high grade $20s by issue. Like most collectors, he also occasionally upgrad¬
ed some of his coins, and then couldn’t bear to part with the duplicates! A collector’s collector,
with a love for the heft of silver dollars and double eagles. Heritage’s February Long Beach Sig¬
nature Sale contains additional $20s.
The Harold Way Collection
The Harold Way Collection is being consigned to the FUN Sale by his son. Harold started col¬
lecting coins as a child in Michigan, and pursued his hobby for the rest of his life. Like many
collectors, pulling unusual coins out of circulation ultimately grew into a more consuming pas¬
sion, combining both the study of coins and the purchase of increasingly rarer specimens. The
most interesting and valuable coins were purchased during the decade before his death in
1990. His son has loving memories of his Dad’s devotion to his collection, and this sale will
serve as a memorial to his collector spirit.
The Warren Cook Collection, Part 1
It is difficult to get more romantic than to be a descendant of Capt. James Cook and live in the
“Paradise State" ol Hawaii. Cook, the English navigator and explorer, is generally credited with
the “discovery” of Hawaii in 1778 (although the Polynesian inhabitants might not have neces¬
sarily agreed). His three voyages of discovery opened the Pacific to the western world. Perhaps
Hawaii was his just reward for having circumnavigated Antarctica. Cook was ultimately mur¬
dered in the “Sandwich Islands” in 1779.
Warren’s first love was silver coins. His number one interest for many years was Morgan dol¬
lars, but his discerning eye eventually became attracted by type coins. His collecting philosophy
could be summarized as seeking low population coins in the highest grade possible. In the
years since, some of the population figures have increased, but the quality of his coins could
not be improved. The fruits of his labor, seeking the best coin he could find for each date, are
evident throughout this catalog. Over the last decade, Warren also began a serious pursuit of
quality gold coins, including a complete collectible set of Saints, that will be offered in our Feb¬
ruary Long Beach Signature Sale. We know that collectors will be looking forward to both
groups of gems.
We welcome you to Orlando, and to the FUN Convention. The Florida United Numismatists pre¬
sent the largest club-sponsored numismatic show in America, and Heritage has been presenting
their official auctions since 1991. We know that you will have a good time here, regardless of
the number of prizes that you win from this auction. Something of interest to every numisma¬
tist can be found in the pages of this catalog. We welcome your participation.
Bob Korver
Important news! Heritage Numismatic Auctions has been awarded the March
1999 ANA National Money Show auction, to be held in Sacramento. The dead¬
line for this sale is rapidly approaching, so please do not delay in contacting
our Consignor Hotline: [phone], Ext. 222. Ask for Leo Frese or Bob
Merrill. This will be Heritage’s ninth consecutive ANA Early Spring/National
Money Show auction. We are naturally pleased by being selected again, and
equally pleased at still another opportunity to serve the ANA and the collecting
community. See you in Sacramento!
Terms and Conditions of Sale
1 Thu. i> a public auction and mail-bid sale held by Heritage Numismatic Auctions, Inc. a 8. Bidders who do not have established credit with the Auctioneer must furnish satisfactory
licensed or bonded auctioneer (the “Auctioneer"). credit and two numismatic references well in advance of the sale date, or send a deposit of
25% of their bids which is applicable to purchases. Any portion of such deposit not used will
THE CONSIGNOR OF PROPERTY MAY PARTICIPATE IN THE AUCTION BY be promptly refunded after the sale.
BID AND MAY PURCHASE HIS LOT(S) FROM THE AUCTION SALE. Notice of
the consignor’s liberty to bid in the sale on his lots is hereby made in accordance with Article 9. All bidders who have mailing addresses outside the United States of America, the Territories
i the Tex - Uniform Commercial Code. A CONSIGNOR IS REQUIRED TO PLACE of the USA, Canada or Mexico, or have addresses through the U.S. Military, must deposit
HU BIDS ON HIS PROPERTY NO LATER THAN 48 HOURS PRIOR TO THE with the Auctioneer 25% of the total amount hid in United States dollars. Any portion of
COMMENCEMENT OF THE AUCTION. IF THE CONSIGNOR IS THE such deposit not used will be promptly refunded after the sale. Also, persons who have APO
SUCCESSFUL BIDDER ON HIS LOT(S) AND HAS FAILED TO PLACE HIS BIDS or FPO box numbers must deposit 25%.
ON THOSE LOTS MORE THAN 48 HOURS PRIOR TO THE AUCTION, THEN
10. The Auctioneer reserves the right to require payment in full before delivery of the
THE CONSIGNOR IS REQUIRED TO PAY BOTH THE APPROPRIATE
merchandise to the buyer. BIDDER PERSONALLY GUARANTEES PAYMENT OF
SELLER’S FEE AND BUYER'S FEE. IF THERE IS A RESERVE BID ON A LOT,
BIDDING WILL GENERALLY OPEN AT 80% OF THE RESERVE BID. ALL SUCCESSFUL B1D(S), AND IF A CORPORATION, AN OFFICER OR
PRINCIPAL IN THE CORPORATION AGREES TO PERSONALLY
3. The Auctioneer may not withdraw any lot after a call for bids has been made with respect to GUARANTEE SUCH PAYMENT. Title shall not pass to the successful bidder until all
that lot. The highest bidder acknowledged by Auctioneer shall be the buyer. In the event of invoices are paid in full. It is the responsibility of the buyer to provide adequate insurance
any dispute between bidders, the Auctioneer may at his sole discretion immediately put the coverage for the coins once they are in his possession. Risk of loss shall be borne by the
lot up for sale again. The Auctioneer’s decision shall be final and binding upon all bidders. buyer following Auctioneer’s delivery to a shipper.
11. The Auctioneer reserves the right to refuse to honor any bid or to limit the amount of any
A buyer’s premium — “Buyer’s Fee” — is charged in addition to the successful bid. bid which, in his opinion, is not submitted in “Good Faith”, or, as the case dictates, is not
The applicable buyer’s premium for this Auction Sale is an amount equal to fifteen supported by satisfactory credit and numismatic references, as the Auctioneer in its sole
(15%) percent of the successful bid. THERE IS NO LONGER DIFFERENTIA¬ discretion shall determine. A bid is considered not made in “Good Faith” when it is made by
TION OF FEES AT THE $50,000 LEVEL. an insolvent or irresponsible person, or a person under the age of eighteen. Auctioneer
reserves the right to exclude any person it deems in its sole opinion is disruptive to the Sale
4. A consignor who has placed his bids on his lots more than 48 hours prior to the Auction Sale or is otherwise commercially unsuitable. Regardless of the disclosure of his identity, any bid
may pay a different fee than the Buyer's Fee. The Buyer's Fee and/or such fee are payable by by a consignor or his agent is deemed to be made in “Good Faith”. In the event a successful
the consignor-buyer as part of the total purchase price. bidder fails to pay all amounts due, the Auctioneer reserves the right to resell the
merchandise and the buyer agrees to pay for the reasonable costs of such a sale, including a
5. All bids are to be per lot as numbered in this catalog, and no lots will be broken. The 10% seller’s commission, and also to pay any difference between the resale price and the price
Auctioneer reserves the right to group two or more lots together, or to withdraw, prior to a of his previously successful bid. Auctioneer reserves the right to rescind the sale in the event
call for bids, any lot or lots from the sale. Bids will be accepted in whole dollar amounts only. of nonpayment or breach of warranty of claim to ownership.
6. All sales are strictly for cash in United States dollars. Cash includes: U.S. currency, travelers 12. THE AUCTIONEER SHALL HAVE A LIEN AGAINST THE MERCHANDISE
checks, bank money orders, all subject to reporting requirements, and credit cards, either PURCHASED BY THE BUYER AND ANY OTHER PROPERTY OF THE BUYER
Visa™ or MasterCard™. Credit Cards are subject to the following limitations: a) sales are only THEN HELD BY THE AUCTIONEER TO SECURE PAYMENT OF THE AUCTION
to the cardholder, b) purchases are shipped to the credit card holder’s registered and verified INVOICE(S) AND ANY OTHER AMOUNTS DUE THE AUCTIONEER FROM
address, c) Auctioneer may preapprove the cardholder’s credit line, d) a credit card transaction THE BUYER, WITH RESPECT TO WHICH THE AUCTIONEER SHALL HAVE
may not be used in conjunction with any other financing or extended terms offered by the ALL THE RIGHTS OF A SECURED CREDITOR UNDER ARTICLE 9 OF THE
Auctioneer, and must transact upon invoice presentation, e) rights of return are governed by TEXAS UNIFORM COMMERCIAL CODE. In addition, with respect to payment of the
these Terms and Conditions which supercede those conditions promulgated by the card issuer, auction invoice(s), the buyer waives any and all rights of offset he might otherwise have against
0 floor bidders must present their card. Personal or corporate checks may be subject to clearing
the Auctioneer and the consignor of the merchandise included on the invoice.
before the delivery of the purchases.
13. THE AUCTIONEER SHALL HAVE THE RIGHT TO OFFSET THE UNPAID
Payment is due upon closing of the auction session, upon invoice, or lot pick-up at the auction
AMOUNT OF ANY AUCTION INVOICES(S) AGAINST ANY AMOUNT THEN
sale. THE AUCTIONEER RESERVES THE RIGHT TO VOID A SALE IF
DUE TO THE BUYER BY THE AUCTIONEER OR AFFILIATES OF THE
PAYMENT IN RILL OF THE INVOICE IS NOT RECEIVED BY THE
AUCTIONEER.
AUCTIONEER WITHIN 15 DAYS AFTER THE DATE OF THE INVOICE. Lots
delivered in the States of Texas, California, and Florida are subject to all applicable state and 14- No buy or unlimited bids will be accepted. Mail/FAX bidders will be awarded lots at
local taxes, unless appropriate permits are on file with us. approximately a 5-10% advance over the second highest bid. No additional commission is
charged for executing mail or FAX bids. The Buyer’s Fee will apply to all successful bids.
Shipping and handling charges will be added to invoices for the lots delivered by mail. The
minimum handling charge is $10.00 plus $0.25 per coin, except on large lots where the charge 15. The Auctioneer cannot he responsible for your errors in bidding, so check your bid sheet
is based upon weight and package sice. carefully. When identical mail or FAX bids are submitted, preference is given to the first
received. If a mail/FAX bidder and a floor bidder have called identical bids, the decision of
Successful overseas bidders shall provide written shipping instructions to the Auctioneer for any
the Auctioneer and declaration of the winning bidder is final. The Auctioneer is not
lots to be Jelnered outside of the United States, including specified customs declarations. Any
responsible for executing mail bids or FAX bids received on or after the day the first lot is
risk ot loss during shipment will be borne by the buyer following Auctioneer’s delivery to the
sold, NOR IS THE AUCTIONEER RESPONSIBLE FOR PROPER EXECUTION OF
designated common carrier. All shipping charges will he borne by the successful bidder.
BIDS SUBMITTED BY TELEPHONE, nor mail or FAX bids submitted in person once
the auction begins. To ensure the greatest accuracy, your bids should be entered on the
If the auction invoice(s) submitted by the Auctioneer is not paid in full when due, the
standard bid sheet form and be received at the Auctioneer’s place of business at least two
unpaid balance will bear interest at the highest rate permitted by law until paid, and if the
business days in advance of the sale date. LOTS WON BY MAIL BIDDERS WILL NOT
ucrioneer refers the invoice(s) to an attorney for collection, the buyer agrees to pay
BE DELIVERED AT THE AUCTION.
irtorne\ s tees, court costs, and other collection costs incurred by the Auctioneer, including
reim ursement for the time spent by attorneys employed by Auctioneer or its affiliates in the
16. Estimates will he given upon written request. It is recommended that bidders approach or exceed the
2 ectin^1 * k^r'at ■*rate comparable to the hourly rate of independent attorneys. estimates in order to increase the chances of bidding successfully.
I he successful biJder, purchaser and/or Auction participant agrees, in consideration of
his participation in the auction, that all disputes in any wav relating to, arising under, 17. NO WARRANTY, WHETHER EXPRESSED OR IMPLIED, IS MADE WITH
connected »,th, or incidental to these Terms and Conditions and his purchases or default RESPECT TO ANY ADJECTIVAL OR NUMERICAL DESCRIPTION
m payment thereof shall be litigated, if at all (See Arbitration Provision in Paragraph 19), CONTAINED IN THIS CATALOG. Auctioneer is selling only such right or title to the
ex, lusivelv ,n the Courts of the State of Texas, in Dallas County, Texas, and if necessary coins being sold as Auctioneer may have by virtue of consignment agreements on the date ot
the corresponding appellate courts. The successful bidder, purchaser or Auction sale and disclaims any warranty of title to the coins. Any description ot the coins contained
• 1 •'.xpressly submits hims It to the personal jurisdii tion % the Stall of in this catalog is for the sole purpose of identifying the coins, and no description ot coins has
’ 1 “ ’ • 1 1 I ' : •• I r II I III I I, mind'. I i I II I ,|| ill been made part ot the basis ot the bargain or has created any express warranty that the g»x\ls
•Kimiim -r ifur.irv processing fees and late charges set by applicable state law. would conform to any description made by the Auctioneer Auctioneer doc lainis any
warranty ot merchantability or fitness tor any particular purposes
Coins sold referencing a third-party grading service (“Certified Coins”) are sold “as is" THE AUCTION SALE AND/OR THE AUCTIONEER AGREE THAT THE
without any express or implied warranty, except for a guarantee by Auctioneer that the DISPUTE SHALL BE SUBMITTED, IF OTHERWISE MUTUALLY
Certified Coins are genuine. Certain warranties may he available from the grading services UNRESOLVED, TO BINDING ARBITRATION IN ACCORDANCE WITH THF
and the bidder is referred to the following services for details of any such warranties: RULES OF THE PROFESSIONAL NUMISMATISTS GUILD (PNG) OR
ANACS, P.O. Box 182141, Columbus, Ohio 43218-2141; Hallmark Grading Service, Inc., AMERICAN ARBITRATION ASSOCIATION (A.A.A.I. Till A. A.A.
P.O. Box 2879, Woburn, MA 01888; International Numismatic Society (INS), P.O. Box ARBITRATION SHALL BE CONDUCTED UNDER THE PROVISIONS OF THE
66555, Washington, DC 20035; Numismatic Certification Institute, Inc., Heritage Plaza, FEDERAL ARBITRATION ACT WITH LOCALE IN DALLAS, TEXAS. IF AN
Highland Park Village, Dallas, Texas 75205-2788; Numismatic Guaranty Corporation ELECTION IS NOT MADE WITHIN TEN (10) DAYS OF AN UNRESOLVED
(NGC), P.O. Box 1776, Parsippany, NJ 07045; Professional Coin Grading Service (PCGS), DISPUTE, AUCTIONEER MAY ELECT EITHER PNG OR A.A.A. ARBITRATOR.
PO Box 9458, Newport Beach, CA 92658. AN AWARD GRANTED IN ARBITRATION IS ENFORCEABLE IN AM
COURT. BY PLACING A BID, A BIDDER ACCEPTS THESE TERMS AND
All non-certified coins are guaranteed genuine, but are not guaranteed as to grade, since CONDITIONS OF SALE, AND AGREES TO BE BOUND.
grading is a matter of opinion. Grading is an art, not a science, and therefore the opinion
rendered by the Auctioneer may not agree with the opinion of others (including trained 20 Storage of purchased coins: Purchasers are advised that certain types of plastic may react w ith
experts), and the same expert may not grade the same coin with the same grade at two the coin’s metal and may cause damage to the coins. Caution should he used to avoid storage
different times. Auctioneer has graded the non-certified coins, in the Auctioneer’s opinion, of coins in materials that are not inert.
to their current interpretation of the American Numismatic Association’s standards as of the
date the catalog was prepared. There is no guarantee or warranty implied or expressed that 21. OTHER PROVISIONS. Auctioneer disclaims all liability for damages, consequential * >r
the grading standards utilized by the Auctioneer will meet the standards of ANACS, NCI, otherwise, arising out of or in connection w ith the sale of any property by Auctioneer to
INS, PCGS, NGC, or any other grading service at any time in the future. Auctioneer offers bidder. No third party may rely on any benefit of these Terms and Conditions and any rights,
no opinion as to the validity of a grade assigned by any third-party grading service. Due to if any, established hereunder are personal to the bidder and may not be assigned. Any
changing grading standards over time and to possible mishandling of coins by subsequent statement made hy the Auctioneer is a statement of opinion and does not constitute a
owners, the Auctioneer reserves the right to grade coins differently than shown on certificates warranty or representation. Any employee of Auctioneer may not alter the Terms of Sale,
from any grading service that accompany the coins. For the same reason as stated above, the and, unless signed hy a principal of Auctioneer, any alteration is null and void. The sale is
Auctioneer reserves the right to grade coins differently than the grades shown in the catalog not on approval.
should such coins be reconsigned to any future auction.
In consideration of participation in the auction and the placing of a bid, a bidder expressly
No lots may be returned without a written request by the successful bidder and the written releases Auctioneer, its affiliates, the Consignor, or Owner of the Lot from any and all claims,
approval of the Auctioneer. In the unlikely event of returning a lot, the mail bidder must cause of action, chose of action, whether at law or equity' or any arbitration or mediation
notify Heather Gad^a, (ext. 275) in writing of the bidder’s intent, and such notice must he rights existing under the rules of any professional society or affiliation based upon the
mailed within three (3) days of the mail bidder’s receipt of the lot. Any lot that is to be assigned grade or a derivative theory, breach of warranty express or implied, representation or
returned (for any reason other than authenticity) must be received in our offices within 30 other matter set forth within these Terms and Conditions of Sale or otherwise, except as
days from the date of sale. AFTER THAT 30 DAY PERIOD, NO LOTS MAY BE specifically declared herein; e.g., authenticity, typographical error, etc., and as to those
RETURNED FOR REASONS OTHER THAN LACK OF AUTHENTICITY. NO matters, the rights and privileges conferred therein are strictly construed and is the exclusive
CERTIFIED COINS MAY BE RETURNED BECAUSE OF POSSIBLE remedy. Purchaser hy non-compliance to its express terms of a granted remedy, shall waive
DIFFERENCES OF OPINION WITH RESPECT TO THE GRADE OFFERED BY any claim against Auctioneer.
ANY THIRD-PARTY ORGANIZATION, DEALER, OR SERVICE. There are
The Sale is conducted under these Terms and Conditions of Sale and applicable state and
absolutely no exceptions to this policy. Lots returned must be housed intact in the original
local law. Any person participating in the Sale agrees to abide by the Terms and Conditions.
holder. No lots purchased by floor bidders may be returned (including those bidders acting as
agents for others). Late remittance for purchases may be considered just cause to revoke all
Agreements between bidders and consignors to effectuate a non-sale of a coin at Sale, inhibit
return privileges. The sale is not on approval.
bidding on a consigned coin to enter into a private sale agreement for a coin or to utilize the
Auctioneer’s Sale to obtain sales for non-selling consigned coins subsequent to the Sale are
18. ALTHOUGH CONSENSUS GRADING IS EMPLOYED BY MOST GRADING
strictly prohibited. If a subsequent sale of a previously consigned coin occurs in violation of
SERVICES, IT SHOULD BE NOTED AS A FORESAID THAT GRADING IS NOT
this provision, Auctioneer reserves the right to charge bidder and consignor a fee equivalent
AN EXACT SCIENCE. IN FACT, IT IS ENTIRELY POSSIBLE THAT IF A COIN
to the Auctioneer’s commissions earned if the coin had sold at the Sale.
WAS BROKEN OUT OF A PLASTIC HOLDER AND WAS RESUBMITTED TO
ANOTHER GRADING SERVICE OR EVEN THE SAME SERVICE, THE COIN
Notice as to an Auction Sale in California. Auctioneer has in compliance with Title 2.95 of
COULD COME BACK A DIFFERENT GRADE.
the California Civil Code as amended October 11,1993 Sec. 1812.600, posted w ith the
California Secretary of State its bonds for it and its employees and the auction is being
Certification does not guarantee protection against the normal risks associated with
conducted in compliance with Sec. 2338 of the Commercial Code and Sec. 535 of the Penal
potentially volatile markets.
Code.
The degree of liquidity for certified coins will vary according to general market conditions
and the particular coin involved. For some coins there may he no active market at all at
We are pleased to include The North Georgia Collection as part of this sale.
certain points in time. As part of our consignment agreement with the consignor, The Charlotte Gold Company,
some non-financial bidder information may he shared with the principals of
19. The descriptions provided in this catalog are intended solely for the use of those bidders who
The Charlotte Gold Company.
do not have the opportunity to view' the lots prior to bidding. All bidders who have inspected
the lots prior to the auction will not he granted any return privileges, except for reasons of
authenticity. It is presumed that all floor bidders have inspected the lots prior to bidding.
THEREFORE, LOTS PURCHASED BY FLOOR BIDDERS ARE “AS IS” AND MAY
NOT BE RETURNED. Floor bidders include those bidders acting either through an agent
or as agents for others. No claims of any kind (except for reasons of authenticity) can be
considered after the settlements have been made with the consignors. Any dispute after the
settlement date, is strictly between the bidder and consignor without involvement or
responsibility of the Auctioneer. The Auctioneer or affiliates may consign items to he sold in
this auction sale, and may bid on those items or any other in the sale. THE AUCTIONEER
OR AFFILIATES EXPRESSLY RESERVES THE RIGHT TO MODIFY ITS BIDS
ON THESE ITEMS OR ANY OTHERS AT ANY TIME BASED UPON DATA
MADE KNOWN TO THE AUCTIONEER OR ITS AFFILIATE. In the event of an
attribution error, the Auctioneer may, at the Auctioneer’s sole discretion, correct the error
orally at the sale, or, if discovered at a later date, to refund the buyer’s money without further
obligation. Under no circumstances shall the obligation of the Auctioneer to any bidder he
in excess, if the Buyer's Fee for any lot in dispute IF AN\ DISPUTES ARISE
REGARDING PAYMENT, AUTHENTICITY, OR GRADING OR ANY OTHER
MATTER PERTAINING TO THE SALE, THE BIDDER OR A PARTICIPANT IN
CompuBid™ gives you more “on-the*scene”
bidding clout than you ever had before.
CompuBid ' is a people-to-people innovation that is, by far, the It evens the odds for you.
mo>t advanced and helpful method of mail bidding available in the
CompuBid™ equalizes your chances of bidding successfully
rare coin marketplace. No other auction company has anything that
against the bidders at the auction on the coins you want to buy.
even compares with its simple sophistication and direct benefits to
For example, assume you w'ant to buy either a Seated dime for $500
you.
or a Seated quarter for $950. You would bid on both coins in those
It increases your chances of success. amounts and place your bidding limit at $950. If you bought the
Seated dime tor $500, your bidding limit would be reduced to $450
CompuBid™ increases your chances of success over our standard ($950 - $500 = $450), which would he your new bid on the Seated
mail bidding system and other conventional mail bidding systems in
quarter. However, if you did not buy the dime, then your bid-of $950
two ways: it increases your chances ot bidding on more coins; it on the quarter would be accepted.
increases your chances of buying more of the coins you want.
In another example, suppose you wanted to buy one gem proof
It puts you where the action is. Mercury dime for $500. Assume there are three similar quality proof
dimes in the sale, all with the same date and grade. You would bid
The action is at the auction. And CompuBid™ puts you there. $500 on all three and limit your purchase to $500. You would buy
It gives you almost all the advantages of the people attending the the first one to sell for $500 (or less) and the other bids would be
auction. In fact, CompuBid™ gives you so much flexibility, it’s canceled.
as if you were attending the auction in person.
It’s a tested and proven success.
It maximizes your bidding dollars.
CompuBid™ has proven to he the most effective and useful
CompuBid™ enables you to bid on as many coins as you like, yet auction mail bidding technique available. No other auction
limit your total purchases to a specific amount. For example, you company has the advancements in mail bidding technology and
could bid on $25,000 worth of coins, yet limit your total purchases documentation necessary to offer a service as important and
to $5,000. In this example, although you have the opportunity to historically significant as CompuBid1' In fact, CompuBid™ is so
bid on several coins that interest you, it is still possible to stay precise that Heritage Numismatic Auctions, Inc., unconditionally
within your buying limits. This way, knowing that you have limited guarantees that you, the bidder, will not be liable for any purchase
your bidding dollars to a specific amount, you can bid with more over your specific limit.
confidence and flexibility than ever before.
Mail Bidding At Auction
Mail bidding at auction is both fun and easy and only requires increments over the previous bid. This process is continued until
a few simple steps. you are awarded the lot, or until the next hid is higher or equal to
your maximum bid.
1. Look through the catalog, and determine the lots in
which you have an interest. An example of this procedure is set forth under these
conditions:
2. Research the market value of these lots by checking price
lists and other price guidelines. On lot 25, you submit a bid of $100, and the second highest
mail hid is at $50. In this case, bidding on the floor starts at $55,
L Fill out your bid sheet, entering your maximum bid on
and is bid by our company on your behalf. If no other bids are
each lot using your price research and your desire to own
submitted by the floor, you purchased the lot f or $55 even though
the lot (most coins at auction are one-of-a-kind, or are of
you bid $100. If other bids come from the floor, we bid for you in
special quality not normally found).
5-10% increments, as set by the auctioneer, until we reach your
W hen bidding by mail, you frequently purchase coins at less
maximum bid of $100. If bidding has passed or equaled your
than your maximum bid. Here is how a mail hid is recorded by
maximum, we take no other action, and the bidding continues on
our auctioneer:
the floor until the final bidder has been recognized by the
Bids are recorded as they are received. Preference is given to auctioneer.
the first bids received in case of a tie.
The official prices realized list that accompanies
t Vi the floor of the auction, bidding is opened at 5 to 10%
ibi ive the second highest mail bid. This hid is submitted by our our auction catalogs is reserved for bidders and
o impany acting on your behalf as the highest mail bidder. If the consignors only. We are happy to mail others one
auctioneer recognizes no other bids from the floor, you are
upon receipt of $1.00. Written requests should he
awarded the lot at the opening hid. It bidding proceeds from the
directed to Heather Qaden.
rhr company, acting as your agent, registers bids in 5 to 10%