Archive | October, 2016
Gallery

A relative to the Confederate half dollar? 6 U.S. highlights in Treasure Auction 20

28 Oct

While Spanish colonial and shipwreck coins make up much of our November auction, a number of other collecting areas are well represented. We’ve already taken a look at paper money, so let’s turn to U.S. rarities coming up for auction.

Lot 1401 – 1890-CC Coronet Head double eagle – Est. $2,000 – 3,000

25873517_1

As the highest denomination struck by the famous Carson City Mint, their double eagles were never struck in great numbers. Mintages barely topped 100,000 between 1874 and 1876. By the time this 1890-CC double eagle was struck, the mint had only three years left before closing in 1893. Still, the fact that 91,209 were minted in 1890 is impressive and makes this example an in-demand, yet affordable piece for the Carson City type set collector.

Lot 1414 – 1844-D Coronet Head double eagle – Est. $1,500 – 2,250

25873530_1

dahlonega-mint-1877

The former Dahlonega Mint building in 1877 or 1878.

This 1844-D half eagle was struck in the better years of the Dahlonega Mint, where mintages of the half eagle approached 100,000 coins from 1843 to 1845. In 1844, 88,982 Dahlonega half eagles were made, making it, like the above lot, attractive yet affordable for the Dahlonega type collector or for someone who just wants to own one. The typical bag marks and scratches are noted in the fields, with wear evident yet not enough to knock it down to Very Fine as the coin still has a full Liberty headband.

Lot 1429 – 1914 Indian Head quarter eagle – Est. $1,500 – 2,250

25873545_1

Some rarities take the form of gorgeous, high grade examples, such as this 1914 quarter eagle. NGC certified it as MS-63, putting it ahead of many others in uncirculated grades. Only light bagmarks are noted in the fields with some planchet adjustment lines in the headdress and light toning throughout.

Lot 1436 – 1846 Seated Liberty silver dollar – Est. $900 – 1,350

25873552_1.jpg

This AU-55 1846 Seated Liberty dollar is perfect for a U.S. type set collector. Only light even wear is visible on the high points. The fields and some areas of the design are darkly toned with lighter toning around the stars, dress folds, and eagle’s wings. Overall, a nice, lightly circulated example with a well-centered strike.

Lot 1437 – Set of three New Orleans-minted half dollars from the SS Republic – Est. $1,500 – 2,250

25873553_1

This set represents two important events to U.S. coin collectors: the beginning of the Civil War in 1861 and the sinking of the SS Republic in 1865.

Upon the election of Abraham Lincoln on Nov. 6, 1860, Southern states began to secede, with Louisiana seceding Jan. 26, 1861 before joining the Confederate States of America on March 21, 1861. It was during that time the New Orleans Mint continued striking Seated Liberty half dollars under all three governments: U.S., State of Louisiana, and Confederate. Through die diagnostics, all three issues can be identified, while in this set, the U.S. issue is denoted with an 1860-O half dollar.  The 1861-O Confederate issued half dollar in the set, noted for the die crack on the obverse above Liberty’s face, shares the same obverse die as the four known Confederate half dollars bearing the words “Confederate States of America” above the eagle on the reverse.

Furthermore, all three coins were recovered from the SS Republic, a ship that sank with many U.S. coins onboard, both silver and gold, on Oct. 25, 1865. Since the wreck’s discovery in 2003, some U.S., State of Louisiana, and Confederate issued Seated Liberty half dollars have been found and packaged into attractive sets like this, where coin collectors, Civil War historians and shipwreck researchers can appreciate these historical coins.

Lot 1439 – 1909-S Indian Head cent – Est. $700 – 1,000

25873555_1

This is a beautiful 1909-S cent, a rare, key and final date to the long-lived (1859-1909) Indian Head cent series. Certified by NGC as AU-58 Brown, this piece has lovely chocolate brown toning throughout with choice wood-grain toning on the obverse and only light wear on the high parts of the design.

For more U.S. coins appearing in our November auction, visit the Session Four page here, up for sale on Sunday, Nov. 13 and Session Five (internet-only) page here, hammering on Monday, Nov. 14.

Gallery

What You Can’t Live Without Buying in Treasure Auction #20 (part two)

25 Oct

In this blog, we will cover some of the big-ticket items (i.e. gold and gold and silver bars) you can find in our upcoming auction. These coins and bars are important for either their rarity, their quality, their provenance or all of the above. They are for the discerning advanced collector who can afford the best. These lots also represent historical treasures which anyone can appreciate whether they can buy them or not.

 

 

lot-30-ta-20

Lot 30, Sedwick Treasure Auction #20

The above Lima 8 escudos cob is the finest known of its type in the NGC census with a grade of MS 63. Dan has described it as “a superb specimen all around, befitting the top honors.” Over and above that, it’s from the 1715 Fleet!

 

 

lot-35-ta-20

Lot 35, Sedwick Treasure Auction #20

Another Lima 8 escudos cob, this coin is tied for finest known in the NGC census with a grade of MS 62. Dan’s description: “Clearly top grade but probably also the best in terms of strike, and apparently one of very few of this date and denomination recovered” from the Luz. ‘Nuff said!

 

 

lot-48-ta-20

Lot 48, Sedwick Treasure Auction #20

A Bogota 8 escudos cob, this coin is the finest and only specimen in the NGC census with a grade of XF 45. Per Dan’s description it’s a “royal-like specimen on a broad flan with 100% full and bold date and king’s name in legend….one of just a handful of full-date specimens from this mint that seem to have been intended as presentation pieces, so great is the contrast between them and the regular issues with only partially or non-visible dates.” Furthermore, he notes that “this Philip V issue is much tougher than the Ferdinand VI type that followed.”

 

lot-89-ta-20

Lot 89, Sedwick Treasure Auction #20

This Potosi bust 4 escudos is the finest and only known in the NGC census with a grade of AU 58. As Dan has noted, only 170 pieces (both laureate and non-laureate types) were minted and this date is the rarest bust-type issue in any denomination from this mint. It’s “a trophy gem and has no equal in any sales records known to us,” with “trophy” seeming like an understatement!

 

lot-161-ta-20

Lot 161, Sedwick Treasure Auction #20

The above is a Lima, Peru, bust 8 escudos from the time of Ferdinand VI and dated 1751. This lot is “one of only two of this ‘large wigged bust’ type” from the Luz shipwreck. Pretty rare stuff!

 

 

lot-202-ta-20

Lot 202, Sedwick Treasure Auction #20

On to bars! Above is a complete gold “strap” ingot for making oro corriente pieces, marked five times with circular tax stamp of Charles V, Holy Roman Emperor (Charles I of Spain) from an unidentified early 1500s wreck in the Caribbean. As Dan states, “its near-uniform flatness and its markings all indicate that this piece is the first example ever recorded of a complete ‘strap’ (in Spanish: riel) for cutting into the known (but very rare) money pieces (small) known as ‘oro corriente,’ which were used in place of actual gold coins (which were in short supply) in the colonies and thus represent the ‘first fish out of the lake’ from the colonies in terms of local gold coinage.” It dates to the 1520s and hence is “unique in importance, especially as the earliest form of Spanish colonial gold treasure we have ever offered.”

 

 

lot-203-ta-20

Lot 203, Sedwick Treasure Auction #20

Another important bar, the above gold “finger” bar is encrusted with coral as from the “Golden Fleece wreck” and was made “in a period when gold coins were not yet made in the New World and ‘oro corriente’ was being phased out” says Dan. Shipwreck bars are always in demand in our auctions.

 

 

lot-210-ta-20

Lot 210, Sedwick Treasure Auction #20

A very unusual silver “tumbaga” bar (#M-61) whose “most intriguing aspect is a large area of exposed pure copper, revealing how most ‘tumbaga’ silver was created by hammering silver and copper together and therefore showing the true nature of ‘metal of Michoacan’,” according to Dan. You should read The Tumbaga Saga by Agustin Garcia Barneche to learn more about these important and fascinating early silver bars.

 

 

lot-211-ta-20

Lot 211, Sedwick Treasure Auction #20

What’s an auction without a large silver Atocha bar (#451)? As Dan notes of special importance, accompanying this bar is a “complete manifest report, which was an optional (and mostly declined) item when the bars were first distributed.” Rarity and provenance!

That’s all for now, and we hope this note will whet your appetite for our auction.

Gallery

What You Can’t Live Without Buying in Treasure Auction #20 (part one)

21 Oct

Our upcoming Sedwick Treasure, World, U.S. and Paper Money Auction #20 has something for everyone, and I’ll outline some highlights in upcoming blogs. First off, let’s show off our paper money section, a collectible that we haven’t been able to offer in great amounts but should become a staple of future auctions thanks to the hard work and expertise of our new employee, Connor Falk.

Lot 1522, TA #20, November 2016

At first glance, this colorful 1996 Cayman Islands 10 dollar note is appealing for the beach scene on the reverse, an open treasure chest residing beneath a palm tree as a sailboat moves in the shallow waters. But there’s an interesting backstory on this note: it shouldn’t exist. The X/1 series of notes were test notes printed by De La Rue on experimental paper, analyzed and then destroyed. A small number escaped, making them among the rarest of Cayman Islands notes. Add the fact that PMG certified this note as Gem Uncirculated 65 EPQ and this lot is an impressive rarity sure to be the cornerstone of a Caribbean paper money collection.

Lot 1535, TA #20, November 2016

This 1889 100 pesos Colombian Bond is very rare with only four or five known and is the plate note featured in Compendio Historico del Papel Moneda en Colombia by Danilo Parra Ariza. It features a light blue underprint and a well-executed design including a vignette of a man with a burro cart. Other examples are known to have cancellation marks including punch holes and rhombus-shaped cuts, making this lot all the more attractive for its lack of major marks or cuts.

Lot 1536, TA #20, November 2016

This the 1889 10 pesos, similar in design as the lot above yet featuring a popular vignette of a dog.

Lot 1560 (obverse), TA #20, November 2016

Lot 1560 (reverse), TA #20, November 2016

A very scarce and popular note with a central vignette of a Carib Indian, also featured on other Guadeloupe banknotes and coins. The Caribs called Guadeloupe “Karukera” which translates to “island with beautiful waters.” Connecting with Guadeloupe’s maritime past, the reverse features a large compass rose. There are some folds and soiling, but the numerous and heavy folds that plague large notes like this one are not here, hence why PCGS certified this note as Very Fine 30.

Lot 1578 (reverse), TA #20, November 2016

Lot 1579 (obverse), TA #20, November 2016

These two Mexican notes are extremely popular and in demand due to the beautiful tri-color reverses honoring the colors of the Mexican flag. Printed to commemorate the 100th anniversary of the Mexican War of Independence, they are also the first commemorative banknotes in the world. Examples are scarce with notes in VF and higher rare while collectors give special attention to those with bright colors.
Check out Session 4 lots 1500-1623 for all of our bank note offerings.
Gallery

Some of Our Favorite Things in Upcoming Treasure Auction #20

14 Oct

As you peruse our catalog online, you might enjoy some of the items that stand out to us. Not all are big ticket items. Some are just cool because of what they represent. What items in our auction catch your attention?

lot-17-ta-20-gold-cob-earrrings-1715-fleet

Lot 17, Sedwick Treasure Auction #20

lot-24-ta-20-gold-cob-pendant-1715-fleet

Lot 24, Sedwick Treasure Auction #20

If bling is your thing, then these gold-coin earrings (Lot 17) and pendant (Lot 24) are a must-have! We don’t usually have earrings in our auctions, much less a pair of one escudo cobs from the 1715 Fleet. And what would complement them? Why an 8 escudos cob pendant from the 1715 Fleet! It’s really not overkill if you like to strut your stuff.

lot-210-ta-20-tumbaga-bar

Lot 210 Sedwick Treasure Auction #20

This “tumbaga” silver bar (Lot 210) is one of the coolest bars we’ve ever handled. It’s a typical rectangular bar without the depth, i.e., it’s almost like a slice of “tumbaga” (even though it’s a full bar). More interesting is the large area of exposed copper. The photo says it all. If you’ve been wanting a “tumbaga” bar, then this should be on your want list. Be sure to buy a copy of Augi’s book, The “Tumbaga” Saga, Treasure of the Conquistadors, to go with.

 

lot-777-ta-20-paoletti-first-coin

Lot 777, Sedwick Treasure Auction #20

Provenance and pedigree are terms that are thrown around a lot when dealing with antiquities. We love to know where things come from, whether from a shipwreck or a particularly important collector. We have that in spades with this auction lot: It’s the first coin collected by Emilio Paoletti (Lot 777). If you don’t already know his name, then this isn’t the coin for you, but if you do, then bookmark this lot and bid!

 

lot-1569-ta-20-bank-note

Lot 1569, Sedwick Treasure Auction #20

Connor, our new employee and banknote guy, praises this note (Lot 1569) as a “fascinating combination of Mexican iconography (the eagle) and Texan images (the frontiersman).” It’s an unsigned remainder from a bank chartered to operate in Columbia, Texas by the Mexican government on April 30, 1835, just a few months before the start of the Texas Revolution. During the revolution, the bank was instrumental in arranging loans and fundraising for the revolutionaries.

 

lot-1625-ta-20-engraving

Lot 1625, Sedwick Treasure Auction #20

While I’m not a fan favorite of this engraving (Lot 1625), the rest of the office loves it. It’s a German copperplate engraving showing native Americans dismembering and eating Spaniards, including pouring molten gold into one poor Spaniard’s mouth. I know the Indians weren’t exactly saints, but in the larger picture, they were almost always on the losing end of run-ins with Spaniards, and this is one of the few times they came out ahead. Go Native Americans!

lot-1626-ta-20-philip-ii-engraving

Lot 1626, Sedwick Treasure Auction #20

Part of this engraving (Lot 1626) graces the front cover of our catalog. It’s a hand-colored British copperplate engraving of Philip II. He’s surrounded by crests of the many countries where he was king. Yertle the Turtle (a Dr. Seuss character for those of you who didn’t grow up reading his books) had nothing on him.

 

lot-1661-ta-20-sin-razon-sword

Lot 1661, Sedwick Treasure Auction #20

If I owned a sword, this is the one (Lot 1661) I would want to own because it expressly tells me when it’s OK to use it: “no me saque sin razon,” which translates to Don’t Use Me Unless You Really Need to. Maybe our modern guns should have the same inscription.

We hope you enjoy all our auction offerings and find something that truly speaks to you!

Gallery

Notes from the 2016 U.S. Mexican Numismatic Association Convention in Scottsdale, Arizona

12 Oct

hurricane-imageLast week Dan, Connor Falk (our new employee) and I traveled to Arizona ahead of Hurricane Matthew to show auction lots for our upcoming Auction #20 (more to follow on that tomorrow!) and give some presentations. We were a little unsure about leaving with a potentially dangerous storm bearing down on us, but when the going gets tough, the tough leave town. As it turned out, Matthew took an eastward jog and spared most of the central Florida area.

The U.S. Mexican Numismatic Association convention in Scottsdale is always a great time to reconnect with friends and colleagues. Connor and I got to meet Don and Lois Bailey, Mexican numismatic legends. All three of us enjoyed spending time with Ute Wartenberg Kagan, the longtime executive director of the American Numismatic Society who brought

connor-falk-with-don-bailey-at-us-mex-2016

Connor Falk with Don Bailey

important Mexican coins from the vast collection at the Society. She will also attend our Auction #20, so if you’re attending it as well, you’ll want to meet and talk with her.

cori-downing-and-ute-wartenberg-kagan-us-mex-2016

Ute Wartenberg Kagan and Cori Downing

Augi, who stayed in Florida to make sure the hurricane didn’t blow away our office, won an award at the convention for his well-received book, The “Tumbaga” Saga, Treasure of the ConquistadorsWe’re fortunate to have a very cool “Tumbaga” bar (Lot 210) in the Auction. Dan took an award for his participation in the Counterfeit Forum last year and did so again this year. The presentation was extremely well received. I spoke on the Charles and Joanna coinage from the Mexico City mint, sharing some new research I’ve undertaken.

augi-garcia-us-mex-award-2016dan-sedwick-award-us-mex-2016

All in all, it was a quick respite from the desk and chair. If you’re a collector of Mexican coins, you should become a member of the U.S. Mexican Numismatic Association and attend next year’s convention.

dan-sedwick-connor-falk-and-cori-downing-at-us-mex-2016

 

%d bloggers like this: