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50+ Million in FUN Lots Posted
By Heritage Auctions

The Official Auctions of the FUN 2009 Convention in Orlando have been posted by Heritage Auction Galleries on its HA.com Web site. Spread over seven separate catalogs of U.S. coins and currency are some 15,000 lots that Heritage will be offering at FUN. More than 600 consignors are participating in FUN; a further 2,800 lots of ancient and world coins for the NYINC Signature® Auction are also posted for bidding.

“FUN 2009 is simply amazing,” enthused Heritage President Greg Rohan. “Rarities across all series can be found, but our anchors have contributed several outstanding specialty collections. The Lemus Collection – Queller Family Collection Part Two contains 465 different Patterns – so extensive that it warranted a special Pattern Night catalog. The Jim O’Neal Collection of Saint-Gaudens $10 Indians, the #1 All-Time Finest at PCGS in both the Date Set and Full Circulation Strike categories also earned a specialty catalog. Quarter collections will enthuse over The Seated Quarters in the Malibu Collection, Barber and Standing Liberty quarters from The Plymouth Collection, and selections from The Scott Rudolph Collection. Important Morgan dollars have been consigned to FUN in The Arno Collection; The Jack Lee Estate Collection; The Good Morgan Sunshine #3 PCGS Registry Set of Proof Morgan Dollars; and The Sanderson Family Collection of Morgan Dollars. Rare gold has been contributed by The Calvin Collection and The Omaha Collection. The Dale Friend #2 PCGS Registry Set of Barber Half Dollars and The San Jose Collection of Colonial Coinage offer additional specialties. Type and better-date rarities in all series from The Deb-Ann Collection; The Martin L. Diffenbaucher, Jr. Collection, The Findley Collection; and The Peter J. Adasek, M.D. Collection. All together, Platinum Night, featuring our rarest and best coins, is so big that it is spread over two catalogs, being held over two nights.”

“We anticipate that FUN 2009 will be the single most valuable numismatic event of the year, but it remains to be seen how 2009 will rank against our world record 2007 FUN event – at $78 million – and our previous world record for the most valuable numismatic auction at FUN 2005 ($62 million). We are incredibly excited about the coins and notes we are bringing to the eager buyers in Orlando – the rest is up to the market.”

“The FUN auctions,” continued Rohan, “again occur just days after Heritage presents our official Signature Auction of ancient and world coins at the New York International Numismatic Convention. The first two weeks in January are going to be very busy for our clients and the hobby. Our Interactive Internet™ and HERITAGE Live! ™ online bidding system will be incredibly busy winning lots for clients around the globe.”

“The Florida United Numismatists January convention,” concluded Rohan, “is the world’s largest coin show, and Heritage Auction Galleries is the world’s largest numismatic auctioneer. This is going to be a wonderful event! FUN 2009 contains so many rarities that it has taken eight catalogs, with dedicated volumes for Platinum Night, the Lemus Collection, the O’Neal Collection, Currency, and others. This is also the first auction catalog to extensively feature our Video Lot Descriptions at HA.com; we have recently experimented with these neat tools, and the reception of our bidders and consignors has been most gratifying. Visit us online and have a peek.”

Lot 1500: 1792 Pattern Cent, Judd-1, Pollock-1, High R.6, VF30 NGC.

With a design most likely by Henry Voight, the patterns of 1792 are the rarest series of patterns ever struck, and each is a classic of U.S. coinage in its own right. This exclusive series includes the silver center cent, Birch cent (two varieties), half disme, disme, and the Eagle on Globe quarter. Of these five issues, only the half disme and disme ever circulated. From The Lemus Collection, Queller Family Collection Part Two.

Lot 1502: 1792 Half Disme, Judd-7, Pollock-7, R.4–Repaired–NCS. AU Details.

The well-known story of the 1792 half dismes begins with George Washington’s involvement, and always notes his mention of the coins in his national address of November 6, 1792: “There has been a small beginning in the coinage of half dimes, the want of small coins in circulation calling the first attention to them.” It took nearly a century for evidence to surface, but it appears that the long-held belief that George Washington provided the silver for this first emission of coins is also true, “to the extent of One Hundred Dollars, which sum he deposited in Bullion or Coin, for the purpose.” From The Lemus Collection, Queller Family Collection Part Two.

Lot 1503: 1794 Half Dime, Judd-15, Pollock-19, R.8, AU55 NGC.

This is one of the two known examples of Pollock-19. The 1794 half dime was the first coin of this denomination struck at the U.S. Mint, because the famous 1792 issue was actually struck in John Harper’s cellar before the Mint was built. Possibly Ex: Joseph Mickley; Col. Mendes I. Cohen; Jules Fonrobert; Auction ‘85; From The Lemus Collection, Queller Family Collection Part Two.

Lot 1758: 1870 25C Standard Silver Quarter Dollar, Judd-915, Pollock-1011, R.7, PR65 Red and Brown NGC.

The reverse features the words 25 CENTS encircled by a wreath of oak and laurel, with the inscriptions STANDARD SILVER above and the date below. The Standard Silver coinage was an attempt to redeem the paper fractional currency or “shinplasters” that proliferated during the Civil War. It was hoped being lighter in weight would encourage its circulation. From The Lemus Collection, Queller Family Collection Part Two.

Lot 1882: 1877 Half Dollar, Judd-1536, Pollock-1704, High R.7, PR63 Brown NGC.

There are only four examples of Judd-1536 known today; when and why the coins were minted has never been satisfactorily determined. The early history of the three coins still in collectors’ hands has remained a numismatic mystery for more than a century. The coins were never intended for public consumption, and most collectors never knew of their existence. Ex: King Farouk, now From The Lemus Collection, Queller Family Collection Part Two.

Lot 1887: 1877 $50 Fifty Dollar, Judd-1547, Pollock-1720, Low R.7, PR65 Gilt NGC.

William Barber’s Large Liberty Head design shows Liberty facing left, with a coronet bearing her name. The Large Head shows the tip of the coronet between stars 5 and 6 while the Small Head has the tip below star 6, and the date is considerably closer to the bust truncation on the Large Head. With the two unique gold half unions in the Smithsonian’s National Numismatic Collections, the copper pieces (gilt or not) never fail to inspire intense bidding competition. From The Lemus Collection, Queller Family Collection Part Two.

Lot 1888: 1877 Fifty Dollar, Judd-1549, Pollock-1722, R.7, PR67 Brown NGC.

William Barber’s Small Liberty Head design is one of the rarest and most cherished in American numismatics. The Half Union patterns are the subject of much research regarding their unusual legal history. With beautiful iridescent surfaces, no finer specimen could exist. From The Lemus Collection, Queller Family Collection Part Two.

Lot 1938: 1880 Flowing Hair Four Dollar, Judd-1659, Pollock-1859, High R.7, PR65 NGC.

Struck in aluminum, gilt, with a reeded edge. When compared to the obverse of the 1879 Flowing Hair stellas, the 1880 date is markedly smaller and shifted, nearly touching the lowest hair curls and well separated from the denticles. From The Lemus Collection, Queller Family Collection Part Two.

Lot 1963: 1916 Walking Liberty Half Dollar, Judd-1992, formerly Judd-1797, Pollock-2053, Low R.7, PR58 NGC.

The obverse is similar to the regular issue, but LIBERTY, with a tall T extending over the RY, is moved to the right obverse field, in back of the walking figure of Liberty and above IN GOD WE TRUST. From The Lemus Collection, Queller Family Collection Part Two.

Lot 1964: 1916 Walking Liberty Half Dollar, Judd-1994, formerly Judd-1801, Pollock-2059, R.8, PR64 NGC.

The letters in LIBERTY on this pattern are heavy and slightly further from the rim than on the regular issue, closer to Liberty’s foot. The reverse is also similar to the regular issue, but it lacks the AW monogram (for designer Adolph A. Weinman) behind the eagle, to the right of the rock, which was placed on the regular issues. Only two or three examples are known of this extremely rare pattern. From The Lemus Collection, Queller Family Collection Part Two.

Lot 3501: 1907 $10 Rolled Edge MS66 PCGS.

Unlike the 1907 Wire Rim Indian gold eagle, the similarly dated Rolled Edge delivery was intended for general circulation. To protect the surfaces and eliminate the problems associated with the high wire rim, the Mint modified the original Indian eagle design to include a protective rim. All but 50 examples to be melted prior to release. From The Jim O’Neal Collection of Saint-Gaudens Eagles. See HA.com for Video Lot Description.

Lot 3527: 1920-S $10 MS66 PCGS.

This year marked the first production of gold coinage since 1916. Soon after 126,500 eagles were struck at the San Francisco Mint in 1920, they were considered one of the rarest of all 20th century ten dollar gold coins. The Population is 1 in 66, with only 1 finer. From The Jim O’Neal Collection of Saint-Gaudens Eagles. See HA.com for Video Lot Description.

Lot 3531: 1933 $10 MS65 PCGS.

President Franklin D. Roosevelt issued presidential orders in early 1933 halting the release of gold coins from the Mint, and recalling gold coin, gold bullion, and gold certificates, thereby creating several noteworthy rarities in the 20th century gold series. The Philadelphia Mint opened 1933 with a delivery of 312,500 eagles in January and February, but only a few – perhaps 30 to 40 pieces – were legally released through regular channels at that time. From The Jim O’Neal Collection of Saint-Gaudens Eagles. See HA.com for Video Lot Description.

Lot 3640: 1916 Nickel Doubled Die Obverse MS64 PCGS. FS-101, FS-106.

While certain older references describe this legendary Buffalo nickel variety as a “doubled date” variant, the source of the doubling is not from repunching, as likely would have been the case were this a 19th century piece, but is the result of hub doubling. From The Scott Rudolph Collection. See HA.com for Video Lot Description.

Lot 3658: 1792 Half Disme, Judd-7, Pollock-7, R.4, MS65 NGC.

John McAllister, Jr., a close friend of Adam Eckfeldt (who was present at the striking of the 1792 half dismes) noted: “In conversation with Mr. Adam Eckfeldt (Apr 9, 1844) at the Mint, he informed me that the Half Dismes above described, were struck, expressly for Gen. Washington, to the extent of One Hundred Dollars, which sum he deposited in Bullion or Coin, for the purpose. Mr. E. thinks that Gen. W. distributed them as presents…. The Coining Machinery was in the cellar of Mr. Harper, saw maker, at the corner of Cherry and 6th Sts, at which place these pieces were struck.” Jefferson personally delivered the blanks to the Mint to be struck, and the struck coins were returned to his care. Jefferson recorded all transactions regarding the 1792 half dismes as private records, not public records. This is one of the finest pieces known of this historic issue; NGC has only graded one other piece MS65 with two finer.

Lot 3764: 1844 25C PR66 NGC. CAC. Ex: Pittman-Kaufman.

The rarity of the 1844 proof quarter is easily established: this is the solitary example certified by either NGC or PCGS. This NGC-graded PR66 coin pedigreed to the John Jay Pittman and the Phil Kaufman collections, and is now From The Scott Rudolph Collection. See HA.com for Video Lot Description.

Lot 3766: 1853 25C Arrows and Rays PR66 Cameo NGC. Ex: P. Kaufman.

The 1853 issues are considered the rarest and most desirable proof Seated Liberty coins. All denominations are rare, especially the quarter dollar and half dollar. Census: 1 in 66 Cameo, only 1 finer (10/08). From The Scott Rudolph Collection. See HA.com for Video Lot Description.

Lot 3841: 1807 50C Specimen 65 PCGS.

This Overton-109 is unique as a specimen strike. In 1807, when Reich joined the Mint as assistant engraver, the half dollar designs were modified yet again, this time to the familiar and ubiquitous Capped Bust or Turban Head design. This coin has the deepest prooflike surfaces seen on any Draped Bust half dollar. Prior to 1817, PCGS uses the prefix SP for these special coins or specimens, while Mint terminology of the era most often called them Master coins. These equate to Proof coinage of later years.

Lot 3920: 1794 $1 VF30 PCGS. B-1, BB-1, R.4.

Collectors have avidly pursued the 1794 silver dollars from the earliest days of the hobby. Of course, no collection of early silver dollars can be complete without this premier date. The strike weakness on the left obverse of most coins is the result of inadequate equipment used by the Mint in its initial attempt at large silver coinage. From The Estate of Jack Lee Collection.

Lot 3921: 1794 $1 XF45 PCGS. B-1, BB-1, R.4.

Alexander Hamilton has been called the “Grandfather of the 1794 Dollar.” At the request of Congress, Hamilton prepared an exhaustive report on “a proper plan for the establishment of a national Mint.” His report was delivered to Congress on January 28, 1791, and by all accounts was a brilliant and clear report on the principal issues, including valuation. Known as the Frothingham Specimen, this 1794 dollar has a rather unusual early history, being stored in an attic for many years. It is an amazing coin with a bold strike.

Lot 4014: 1899 $2.50 PR68 Ultra Cameo NGC.

Out of approximately 150 1899 quarter eagles, it is believed that 100 still exist; out of that number, the certification services have graded more than 250 examples. Therein lies the problem with population data – resubmissions – yet there is no denying that at the PR68 level the number becomes more telling. This is the finest 1899 proof quarter eagle to ever cross the block at Heritage.

Lot 4035: 1880 $4 Coiled Hair, Judd-1660, Pollock-1860, R.7, PR62 NGC.

Designed by George Morgan, the coiled hair head of Liberty stella is a classic American rarity. The 1880 Coiled Hair issue is clearly the rarest of the four stella varieties. Population rosters now account for nine different examples surviving from perhaps twenty minted. From The Omaha Collection.

Lot 4062: 1815 $5 MS64 NGC. Breen-6469, BD-1, R.7.

Unlike many of the old-tenor gold issues, the 1815 half eagle does not owe its rarity to the massive gold melts of the 1820s and ’30s. With a minuscule mintage of just 635 pieces, the 1815 was rare from its date of issue. From The Deb-Ann Collection. See HA.com for Video Lot Description.

Lot 4158: 1891 $20 PR67 Ultra Cameo NGC.

Shortly after the 52 1891 proof double eagles were struck, George Heath and friends convened with 61 American Numismatic Association charter members at the Commercial Hotel at the corner of Lake and Dearborn streets in Chicago for the inaugural convention. Fortunately, some of the collectors who procured proof coins from the Mint were astute custodians of these numismatic delicacies. From The Scott Rudolph Collection. See HA.com for Video Lot Description.

Lot 4210: Farouk’s Five-Piece 1915-S Panama-Pacific Commemorative Set With Cases and Documentation, pedigreed to King Farouk and the Palace Collections of Egypt: i) Half Dollar MS66 NGC, CAC; Gold Dollar MS66 NGC, CAC; Quarter Eagle MS64 NGC, CAC; $50 Round MS63 NGC, CAC; $50 Octagonal MS64 NGC.

Lot 4216: 1915-S Panama-Pacific $50 Octagonal MS67 NGC.

The Panama-Pacific fifty dollar octagonal gold commemorative is one of just eight classic gold commemoratives (produced from 1903 to 1926), echoing the gold pieces first produced by Augustus Humbert in 1851 as United States Assayer of Gold in California. The commemorative has been popular since it was released during the Panama-Pacific International Exposition in 1915. Neither NGC nor PCGS has certified an example finer than MS67. From The Scott Rudolph Collection. See HA.com for Video Lot Description.

Lot 4977: 1886-O $1 MS65 PCGS.

The 1886-O Morgan has a generous mintage, is common in low grades, but high-grade Mint State coins remain rarities. This ex: Eliasberg coin is one of just three MS65 examples certified by PCGS, with none finer at that service (11/08). From The Arno Collection. See HA.com for Video Lot Description.

Lot 4991: 1889-CC $1 MS68 PCGS. Ex: Eliasberg/Jack Lee 2.

Carson City struck their first silver dollars in 1870, and continued into 1885, when operations of that mint were suspended. The Mint at Carson City opened again in the third quarter of 1889, but the 1889-CC Morgan dollar was one of the lower mintage issues of the entire series, with just 350,000 coins produced during the last three months. From The Estate of Jack Lee Collection.

Lot 5012: 1892-S $1 MS67 PCGS. Ex: Eliasberg.

Morgan dollars are part of the bedrock of U.S. coin collecting. A major impetus toward increased collector interest was the Pittman Act of 1918, which spurred the melting of more than 270 million silver dollars – the great majority of them Morgan dollars. Of the several MS67 pieces we have auctioned over the last dozen-plus years, this ex: Eliasberg piece is at the top of the pack. From The Arno Collection. See HA.com for Video Lot Description.

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