specimen of the 1913 Liberty nickel, graded PR63 by PCGS and one
of only five known, will be sold at public auction for the first time
Official Auction of the Central States Numismatic Society's Annual
Convention, presented by Heritage Auctions, April 24 – 28.
George O. Walton was on his way to a coin show in 1962 when he
died in a car accident. His 1913 Liberty nickel was recovered from the
wreck and returned to his family. It was sent to an auction house, but
returned as a fake — an error that led collectors to believe that one
of the five 1913 Liberty nickels was lost and possibly gone forever.
In 2003, the other four 1913 Liberty nickels were brought together
for the American Numismatic Association's World's Fair of
MoneySM. A reward was offered for the 'missing' fifth
nickel, $10,000 just to be the first to see it. Nobody expected two of
Walton's heirs to show up with their uncle's nickel, much less for a
collection of coin experts to declare it genuine.
coins owned by Eric P. Newman are a collective highlight of
equal importance to the Walton 1913 Liberty nickel. Items being sold
are from the extensive collection of Eric P. Newman Numismatic
Education Society (a Missouri not-for-profit corporation) and have
been assembled over a period of 90 years. Proceeds of the sale of all
items will be used exclusively for the benefit of other not-for-profit
institutions selected by the Eric P. Newman Numismatic Education
Society for public purposes and also for supplementing the Society's
own museum operations and scholarly research efforts.
A single Territorial gold coin from The Eric P. Newman
Collection caused a stir as soon as it was certified. An 1852
Humbert ten dollar coin was graded MS68 NGC, CAC, the first
California private or Territorial gold coin to be certified as MS68 by
a major service. The coin was retained by Augustus Humbert, United
States Assayer of Gold for California in the early 1850s, and passed
directly into his estate.
Early American coinage is well-represented in the event, and the
most fascinating piece is perhaps the 1783
Nova Constellatio Type Two "Quint" in Silver, AU53
PCGS. The 13 former colonies each used a different monetary system at
the time, and the Nova Constellatio patterns were based on a
complicated system that would accommodate 12 of them. This 500-unit
pattern, or "quint," is unique and most recently appeared at
auction in November 1979.
The Norweb specimen of the 1792
silver center cent, MS61+ Brown NGC, is one of the first
experimental coins made under the authority of the Mint Act of 1792.
Its unusual appearance, with a small silver "plug" in the
middle of a wider copper body, was an attempt to reduce the weight of
the cent by adding a small amount of precious metal. Graded MS61+
Brown, this coin is slightly finer than the Morris specimen, sold
by Heritage for $1.15 million in April 2012.