Part V of Eric P. Newman Collection auctions boasts early Colonial, U.S. silver and gold rarities

First four sales generate more than $45 million in prices realized
By , Coin World Staff
Published : 10/10/14
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Part V of the sale of the Eric P. Newman Collection will be offered Nov. 14 and 15 in New York City by Heritage Auctions.

The first four parts have generated total prices realized of more than $45 million, which includes the 17.5 percent buyer’s fee.

Items being sold are from the collection of the Eric P. Newman Numismatic Education Society, assembled over a period of 90 years.

A total of 481 lots will be offered beginning at 1 p.m. Eastern Time Nov. 14 in the Duke of Windsor Suite at the Waldorf Astoria hotel, 301 Park Ave.

The session offers early American coins, U.S. silver and gold coins, and pioneer gold.

The 484 lots offered Nov. 15 include more early American coins, U.S. federal coins from large cents through gold $10 eagles, and gold U.S. commemorative coins. Bidding Nov. 15 is by Heritage Live!, Internet, fax and mail only.

Among Nov. 14 session highlights are:  

Norris, Gregg & Norris

The 1849 $5 pioneer gold coin was struck in Benicia City by the partnership of Thomas H. Norris, Charles Gregg and Hiram A. Norris.

The partnership was founded in New York City for a manufacturing and engineering concern specializing in products manufactured for use in plumbing and steam-heating public buildings. The firm relocated to California in 1849, a year after gold was discovered at Sutter’s Mill, and began issuing private gold coinage.

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