Heritage’s April 25 auction featuring 159 selections from the Eric P.
Newman Collection realized $4,087,743. All lots were sold and it was a
strong start to Heritage’s Platinum Night auction at the Central
States Numismatic Society’s convention in Schaumburg, Ill.
The Newman coins, sold to benefit other nonprofit institutions
selected by the Newman Numismatic Education Society for public
purposes, were fresh to the market and of nearly uniform high
As expected, the top lot was an 1852 Humbert gold $10
piece (graded Mint State 68 by Numismatic Guaranty Corp. with a
Certified Acceptance Corp. sticker) that realized $1,057,500. It was
cataloged as “the finest business strike California gold coin of any
maker” and traces its ownership back to Augustus Humbert.
The next highest price was $199,750 for a copper pattern 1915
Panama-Pacific International Exposition commemorative half dollar
missing the San Francisco Mint mark. Graded Proof 66+ ★ red and brown
by NGC. A Proof 65 example of the same pattern in silver realized $176,250.
A handful of six-figure rarities aside, many of the coins were
accessible to collectors with more normal checkbooks.
A 1972 Lincoln, Doubled Die Obverse cent graded MS-65 red with a CAC
sticker brought $1,527.50. Non-Newman examples have traded at the
$1,000 level in recent sales.
A 1955 Lincoln, Doubled Die Obverse cent in MS-62 brown with a CAC
sticker sold in line with recent sales at $2,467.50.
Even patterns with great stories could be acquired relatively
reasonably. A well-circulated 1859 Indian Head cent pattern graded
Proof 12, struck in 100 percent copper rather than that year’s usual
88 percent copper and 12 percent nickel composition, realized $1,410.
It once belonged to “Colonel” E.H.R. Green and the catalog noted that
it was “a rather remarkable piece that really should not exist, except
for an anonymous and sharp-eyed late 19th or early 20th century
numismatist who spotted this piece in circulation and saved it for
future collecting generations.”
Among the other unusual offerings was a leather-covered wood
presentation case for a 10-piece 1845 Proof set that brought $3,525,
while a 1924 Indian Head 5-cent piece struck on a cent planchet, MS-67
red and brown, sold for $28,200. ■