Heritage's official auctions of the October
2012 National Money ShowSM in Dallas are complete,
with overall prices realized exceeding $28.5 million. The US Coin
Signature Auction on October 18-21 featured numerous outstanding
rarities and brought total prices in excess of $23 million, with an
additional $5.3 million selling the October 17-23 Currency Signature
Auction. All prices include a 17.5% Buyer's Premium.
Greensboro Collection, Part 1, provided many of the highlights
of this auction, with the most notable results coming from early proof
and specimen strikes. A 1792
pattern disme, struck in copper and graded Proof 62 Brown, was
the top-selling lot in the auction when it hammered for $587,500. 1792
pattern coinage is extremely popular, since it was struck as the US
Mint was first being established. This coin, strictly a pattern unlike
its half disme counterpart, is one of about 15 examples known.
Specimen strikes from the first year of issue of the half dime and
the cent, respectively, were also among the highest valued coins sold
in this auction. Perhaps five specimen strikes of the 1794 half dime
are known, and the finest known, an
example graded SP67 by PCGS, sold for $367,775. Similarly, a
1793 Wreath Cent with Vine and Bars edge, graded SP66 Brown and
with a continuous provenance dating to the 19th century,
sold for $329,000. This was the most perfectly preserved and
singularly important early large cent Heritage has ever offered at
public auction, a true "museum quality" coin. Both of these
coins were also from The Greensboro Collection, Part 1.
From the same collection also came the
1802 dollar novodel, Proof-64, which sold for $411,250. This was
the second such piece out of only four known that Heritage has
auctioned in the last three months, and it, like the 1793 Wreath Cent
above, also has a pedigree dating back to the 19th century.
The top lot in the Heritage US
Currency auction was a $5
National Bank Note from the First National Bank of Fairbanks, AK,
series 1902 with red seal. This note captured the imagination of
both collectors and the public because it came directly from the
family of Charles W. Fairbanks, Vice President of the United States
under Theodore Roosevelt, and the man for whom the city of Fairbanks
was named. This outstanding territorial note, graded Apparent Choice
New 63, sold for $246,750.