The various sales by Heritage Auctions of the collections of St.
Louis numismatist Eric P. Newman started in 2013. The auctions are amazing for their breadth across
different areas of U.S. numismatics, and their depth within many
different series. With the vast number of Newman coins coming to
market — especially with their special Numismatic Guaranty Corp. grading inserts — it’s
inevitable that they will turn up again.
Here is one of three Coin World is profiling this week that
sold at Heritage’s Newman auctions in 2013 and 2014 and that have
since returned to market.
1914 Indian Head 5-cent coin, Proof 67 CAC
While most collectors think of Newman’s coins as being generally
older, classic 18th and 19th century issues, he also collected many
20th century coins like this 1914 Indian Head 5-cent coin. Graded
Proof 67 by NGC with a green CAC sticker, it was acquired by Newman
for $5 in the mid-20th century as part of his purchase of the E.H.R.
When Heritage sold it at its Nov. 15, 2013, Newman II auction, the
handsome, lightly toned 1914 “Buffalo nickel” with a low mintage of
just 1,275 Proof examples brought $4,993.75. It was reoffered in the
same holder less than a year later at Stack’s Bowers Galleries’ Aug.
8, 2014, American Numismatic Association auction where it brought
$4,406.25, representing a modest loss in value.
As David Lange writes in his reference on the series: “The
Philadelphia Mint finally polished its technique for producing Proof
nickels starting with this issue. The Proofs of 1914 to 1916 are of
far more consistent quality than the 1913 pieces. The texture of these
coins is of an even finer grain, giving them a particularly pleasing
Keep reading this Market Analysis:
1851-O Coronet $20 double eagle from Newman
Collection resurfaces, sells for $17,625
1847 Seated Liberty half dollar from Newman
Collection has seen all sorts of price tags
More from CoinWorld.com:
government to return millions of dollars in Liberty Dollars seized
by authorities in 2007
a $150,000 starting bid turn into a $400,000 final price
performance: Collectors angry over Eisenhower sellout
Deputy Mint Director Rhett Jeppson reveals bureau's upcoming plans
Coronet $20 double eagle from Newman Collection resurfaces, sells
for $17,625: Market Analysis
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