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Sedwick’s Treasure, World & U.S. Coin Auction 35 is in Full Swing BID NOW!

16 Apr

Sedwick’s Treasure, World, U.S. Coin & Paper Money Auction 35 Live Online Auction May 7, 8, & 9, 2024

The variety of rare, historical, and even unique coins, currency, and artifacts within this auction offer a great opportunity to add valuable pieces to your collection! 

Gold Cobs: Includes a number of 1715 Fleet shipwreck coins such as a Mexico City, Mexico, (1714) J gold cob 8 escudos struck with Royal dies graded NGC MS 64, pedigreed to Kip Wagner’s 1965 National Geographic article “Drowned Galleons Yield Spanish Gold” (Lot 40), as well as two beautiful Mint State Mexico gold cob 8 escudos dated 1715 J (Lots 43 and 44). Peru gold from the 1715 Fleet is also notable with the finest known Lima, Peru, 1705 H gold cob 8 escudos graded NGC MS 64 (Lot 57) and the unique Lima, Peru, 1709 M 2 escudos struck with the pillars-side die meant for a Royal 2 reales graded NGC MS 65 (Lot 72).

Shipwreck Ingots: Features an impressive, uncut gold ingot weighing 2,274 grams recovered from the famous Atocha shipwreck (Lot 96) and a rare silver piña ingot, one of just three known from the wreck (Lot 107).
Shipwreck Coins: Packed with over 600 lots including treasures such as two Seville, Spain, gold cob 2 escudos from the Santa Margarita shipwreck (Lots 278 and 279), a “top pop” Bogota, Colombia, gold cob 2 escudos graded NGC MS 65 from the Maravillas shipwreck (Lot 425), and an NGC-slabbed set of Spanish colonial 1/2, 1, 2, and 8 reales from the “Coconut Wreck,” AKA “Blue Abyss Shipwreck” (Lot 695). Notable collections include the Bill Barman Collection of Atocha Research Coins (Lots 136 to 155) and selections from the Silver Banks Treasures Collection of silver cobs recovered from the Concepcion shipwreck (Lots 315 to 373). Ever-popular shipwreck coin clumps from wrecks such as the Concepcion, the 1733 Fleet, and the Hollandia (just to name a few) should not be missed.
Silver Cobs of Mexico: Includes many high-grade Charles-Joanna and Philip II pieces such as the extremely rare Charles-Joanna “Late Series” assayer S 4 reales (Lot 732) and a high-grade 1733 MF klippe 8 reales (Lot 766).
Silver Cobs of Lima: Hosts a key rarity, the Lima, Peru, assayer R (Rincon) cob 8 reales of Philip II the first “dollar” coin struck in South America (Lot 768).This piece is one of just sixteen known and represents a crowning achievement in the Luis R. Ponte Collection being offered in this sale. A knowledgeable numismatist and longtime friend, Luis built his collection with an eye for rarity and quality in Spanish colonial coinage, which readily shows in this catalog, from a stunning group of “Star of Lima” coinage (Lots 801 to 814) to an exceptional and extremely rare Lima, Peru, 1686 R cob 8 reales Royal (galano) graded NGC XF 40 (Lot 817).

Silver Cobs of Potosi: Features more rarities from the Luis R. Ponte Collection, including the finest-ever assemblage of countermarked shield type cob 8 reales (Lots 934 to 1033) and a very rare first-issue Potosi, Bolivia, assayer R (Rincon) cob 8 reales of Philip II (Lot 825), as well as the only known Potosi, Bolivia, 1732 M cob 8 reales Royal (Lot 1067).

World Coins: A beautiful selection of high-grade Vintage Chinese Coin Rarities such as the Hupeh Year 30 (1904) tael graded PCGS MS 62 (Lot 1190) and the gorgeously designed Hsu Shih-chang Year 10 (1921) Pavilion dollar graded PCGS SP 61 (Lot 1198). Also featured is a choice selection of Colombian Republic silver minors from Gregorio Toulemonde Collection Be sure to look for the rare one-year type La Rioja, Argentina, 1842 R Rosas gold 2 escudos graded NGC MS 63 (Lot 1095), the lustrous “top pop” Santiago, Chile, 1820 FD gold 8 escudos graded NGC MS 62 (Lot 1162), and the wonderfully toned Santiago, Chile, 1817 FJ “Volcano” peso graded NGC MS 61 from the Val y Mexia Collection (Lot 1157)—just to name a few of the many choice rarities to be found.

U.S. Coins, Medals, and Tokens: hosts a selection of gold and silver coins recovered from the Marblehead Hoard buried in Massachusetts in the early 1800s (Lots 1482 to 1488) plus a handsome example of the 1795 Draped Bust silver dollar (Lot 1475). Be sure to check out the gold lifesaving medal awarded by President McKinley in 1900 (Lot 1480).

U.S. Paper Money: Features a colorful Rainbow $2 series of 1869 Legal Tender note graded PMG VF 35 (Lot 1497) and colonial and continental currency marked by two Fugio notes of 1776 (Lots 1493 and 1494).

World Paper Money: Includes two great sets of banknote rarities: the finest known PMG-graded San Juan, Argentina, Banco de Cuyo pesos fuertes specimen set (Lot 1499) and an original Thomas de la Rue & Co. Ltd. specimen banknote album (Lot 1510). Also watch for the 1811-dated Venezuela 2- and 1-peso notes that represent Venezuela’s first paper money (Lots 1508 and 1509).

Ancient Coins and Coin Jewelry: Features several nice Ancient Gaul and Greek silver coins and several eye-catching gold cob 8 escudos mounted in gold bezels (Lots 1527 to 1529).

Shipwreck Artifacts: Stands out for two shipwreck-pedigreed gold chains, one from the 1715 Fleet and the other from the Leocadia (Lots 1562 and 1565), as well as a hefty bronze cannon breech block salvaged from the 1733 Fleet (Lot 1564). The Non-Shipwreck Artifacts section holds various historical artifacts like flintlock pistols and signal cannons.

Express Session: The third day of the auction hosts the Express session, where a variety of numismatic rarities is sure to attract many different bidders.

SPECIAL ARTICLES:

 A NEW Introduction to the “Star of Lima” Coinage of 1659-1660

The 1649-52 Countermarked Shield-Type Coinage of Potos , Bolivia

In Memoriam: Luis Roberto Ponte Puigbo 1962 – 2023

Team Acknowledgment: We wish good luck to all our bidders, with much gratitude to our consignors from the whole Sedwick team:

– Daniel Frank Sedwick – Augi Garcia Barneche – Cori Sedwick Downing – Connor Falk – Michelle Heidt

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Unique Declaration of Independence medal leads record $4.27 million Sedwick auction

11 Nov

A unique American silver medal depicting the presentation of the Declaration of Independence set a new record during Daniel Frank Sedwick, LLC’s Nov. 3 & 4 Treasure Auction 32.

The live online and floor auction was itself a record sale for the firm with over $4.27 million sold across 1,622 lots.

The large proof silver medal was created in 1851 by artist Charles Cushing Wright. It was the only example he struck in silver and has been called Wright’s masterpiece.

On one side, the medal depicts the presentation of the draft of the Declaration of Independence to the Continental Congress on June 28th, 1776. Founding Fathers John Adams, Thomas Jefferson, and Benjamin Franklin along with Richard Sherman and Robert R. Livingston on the drafting committee are shown presenting the draft Declaration to the president of Congress, John Hancock. Of the 47 men present in the entire scene set at Independence Hall, 42 of them were signers of the Declaration of Independence. The design is based heavily upon the famous 1818 painting by John Trumbull that currently hangs in the US Capitol rotunda.

The other side of the medal presents a highlight of formative American historical events from the “DISCOVERY OF NORTH AMERICA BY THE ENGLISH.JLY.3.1497” to “ASSAULT ON QUEBEC BY AMERICANS.DEC.31.1775.” A vignette of Europeans landing on America’s shores as a Native American awaits graces the top of the reverse design. The bottom scene depicts a developed, busy American harbor.

The entire ownership pedigree for this unique medal can be traced dating back to Charles Ira Bushnell (Chapman auction of June 1882, lot 1274), the Garrett Estate (Bowers & Ruddy auction of April 1981, lot 1910), Julian Leidman (Bowers & Merena auction of April 1986, lot 4126), and Charles A. Warton (Stack’s Bowers auction of March 2014, lot 2077), subsequently purchased by numismatist John Adams in the Stack’s Bowers auction of August 2018 (lot 46).

NGC graded the medal as MS 62 though a specimen designation is more appropriate to describe this unique piece.

The pre-sale estimate for the lot was $25,000 and up. After spirited bidding, both online and via phone, the medal sold for $168,000. Thus, another pedigree for this unique medal has been added – as part of the Resolute Americana Collection.

“We were honored to offer this uniquely American medal at auction and see it sell so well,” said Daniel Frank Sedwick, president and founder of Daniel Frank Sedwick, LLC. “It’s really fitting that the prior owner, John Adams, is himself related to Founding Father John Adams depicted on this medal.”

Shipwreck treasure also saw considerable interest during the auction with many lots surpassing their high estimates.

A unique gold bar recovered from the “Corrigan’s” wreck site of a 1715 Fleet treasure ship at Vero Beach, Florida attracted heavy bidding.

The gold ingot, weighing 915 grams and marked with a fineness of 22k, was made in Colombia before being shipped to Spain in the ill-fated fleet. It bears the royal tax stamp as well as a decorated assayer/foundry stamp (B)ARBACO(A)S indicating its origin from the important Colombian gold mining town, Barbacoas. Salvors recovered the bar in 1983 and, soon after, it went into the collection of 1715 Fleet investor Don Anderson.

With an estimate of $60,000 to $90,000, considerable bidding led to a final sale price of $132,000 for the 1715 Fleet gold bar.

The highest selling coin lot in the auction was an extremely rare gold Venezuela essai 5 venezolanos dated 1875-A in its first auction appearance ever.

The coin, graded by NGC as Proof 62 Cameo, is one of ten struck by the by the Paris Mint for the nation of Venezuela. Only five examples, including this piece, are in private hands. Another four are in museums like the Banco Central in Caracas, Venezuela. The tenth example is buried in the cornerstone of the Simon Bolivar statue by Adamo Tadolini in Plaza Bolivar also in Caracas.

The rarity and importance of this coin in Latin American numismatics sparked a bidding war. The coin ultimately sold for $78,000 on a pre-sale estimate of $30,000 to $45,000.

Other top lots in the sale include:

  • Lima, Peru (State of North Peru), gold 4 escudos, 1838 M, extremely rare, graded NGC AU 53, finest known in NGC census, ex-Hammel, ex-Goodman (lot 1040) sold for $66,000.
  • Philippines (under Spain), silver 8 reales, crowned Isabel II “Y.II” countermark (Type VI, 1834-37) on an Argentina (River Plate Provinces), 8 soles, 1815 FL, Potosi mint, graded NGC AU 53, c/s AU standard (lot 1048) sold for $45,000.
  • Venezuela (struck at the Paris Mint by Barre), silver essai 1/2 real, 1863 E, graded NGC SP 61 (lot 1114) sold for $45,000.
  • Lima, Peru, gold bust 8 escudos, Ferdinand VI, 1758 JP, graded NGC MS 63, ex-Karon, ex-Segarra (lot 1020) sold for $33,600.
  • Guanajuato, Mexico, gold 20 pesos, 1872 S, NGC MS 66, finest known in NGC census (lot 1008) sold for $31,200.
  • Segovia, Spain, gold 4 excelentes, Ferdinand-Isabel, mintmark at top, denomination Arabic 4 above K at bottom between busts, rare, NGC AU 53 (lot 1065) sold for $26,400.
  • Potosi, Bolivia, cob 8 reales Royal (galano), Louis I, 1727 Y, very rare, graded NGC AU details / holed (lot 485) sold for $24,000.
  • Seville, Spain, gold milled 8 escudos, Philip V, 1701 M, florets flanking fleece, 8-S-8-M in tressure-dimples, graded NGC MS 65, finest known in NGC census (lot 1080) sold for $22,800.
  • Panama, proof silver 25 centimos, 1904, very rare, graded NGC PF 64 (lot 1015) sold for $21,000.
  • To see these and other highlights sold at auction click here

Daniel Frank Sedwick, LLC’s next Treasure Auction will be held in May 3-4, 2023. Interested consignors should contact the company by email at office@sedwickcoins.com or phone +407.975.3325 (deadline February 10, 2023). Full auction results are available at auction.sedwickcoins.com.

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Sedwick Treasure Auction Wrap-Up, Tips for Buying Cobs, and Where to Find Us

8 Dec

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I’m finally able to take a breather from post-auction duties of packing and shipping to share some thoughts with you. First, all of us at Daniel Frank Sedwick, LLC want to thank our bidders, consignors, auction speakers, and auction attendees for helping make Treasure Auction #20 one of our best auctions to date. Without YOU, auctions don’t happen. We are grateful for the personal and professional relationships we have nurtured over the years and look forward to many more.

As the Christmas buying season kicks into high gear, there are a few reminders to help you get the most for your money, at least when it comes to buying coins. When you buy a widget, you go to a store that you know sells them. For example, I buy electronics at a place like Best Buy. When you buy a coin, particularly a niche coin like a cob, you need to find a specialty seller, someone who knows what he’s doing.

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Can You Tell This is a Counterfeit?

If you don’t, you may buy a fake instead of the real thing. Or, you may buy something less than what it should be for the price because the seller doesn’t really know his product. Either way, you won’t be satisfied with your purchase. Again, always buy from reputable dealers whether you’re buying a shipwreck coin or a dryer.

Next, whether it’s a cob or a car, buy what you like. This is especially true for any commodity that you might consider an “investment” because most things appreciate only after you’ve held onto them for a good period of time. Quick profits don’t happen very often, so plan to enjoy your purchase for years. When you do sell, you’ll be well rewarded.

Finally, buy the best you can afford if you really want to be happy with your purchase. Buyer’s remorse from letting the coin you really wanted get away from you stays with you for a long time. If you’re building a collection, it’s much easier to buy great quality at the beginning than spend time and effort to upgrade later. That said, if what you can afford isn’t the best quality, don’t worry. You’ll be happy to simply own the piece in the first place.

We can help you build the collection of your dreams. Just ask us! And, you can visit us in person at the following 2017 shows where we will have a table:

schelude2017show2Happy Holidays to all and we look forward to seeing you in the New Year.

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

2 Nov

Today we want to make you aware of some very important silver coins you can bid on in our upcoming Sedwick Treasure, World, U.S. Coin & Paper Money Auction #20. When you see descriptions containing words or phrases like “unique,” “very rare,” “finest known,” and “unlimited value,” you can be sure these items will bring top dollar…and be worth every penny. It bears repeating that we often say you should buy the “best” coins  you can afford, whether that means coins in the best condition or of the highest rarity. The good things in life don’t come cheaply but you’ll rarely regret your decision to buy them and enjoy them for years. Good luck in our auction!

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Lot 561, Sedwick Treasure Auction #20

The above is a Mexico City, Mexico, 4 reales, Charles-Joanna, “Early Series,” coin and those who collect them know that varieties with the assayer mark (P) to the left and mintmark (M) to the right are generally much rarer than others. Also, this is an early variety in Assayer P’s tenure with the use of HISPANIE instead of the later use of HISPANIARVM in the legend on the pillars side.

 

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Lot 664, Sedwick Treasure Auction #20

The above is an extremely rare Mexico City, Mexico, cob 1 real Royal, 1643/2P. It is probably unique, but certainly unique in quality and of almost unlimited in value to the specialist collector.

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Lot 777, Sedwick Treasure Auction #20

The above is a rare Potosi, Bolivia, cob 8 reales, 1634T and the first coin collected by Emilio Paoletti, (and ex-Burzio, ex-Martini, ex-Janson) with copy #1 of Paoletti’s book 8 Reales Cobs of Potosi (3rd ed., 2016) and signed by him on the first page where the number 001 appears. What a remarkable pedigree!

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Lot 857, Sedwick Treasure Auction #20

The above is a rare Potosi, Bolivia, cob 8 reales, 1652E transitional Type III from the Capitana (1654). What is interesting about this die variety is that the O-E above 52 to right of shield is punched over N-8.

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Lot 961, Sedwick Treasure Auction #20

The above is a rare Potosi, Bolivia, cob 8 reales Royal, 1714Y with an interesting four-digit date below cross (the standard for 1712-15).

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Lot 967, Sedwick Treasure Auction #20

The above is a very rare Potosi, Bolivia, cob 8 reales Royal, 1725Y, Louis I, ordinal PRIMERO. Royals of Louis I are among the most desirable and difficult to obtain, particularly since the general coins of this period are so crude. The present example is very bold, with full inner details and nearly full legends, including full LVIS PRIMERO (not just PR) and POTOSI (the pillars side slightly off-center).

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Lot 1027, Sedwick Treasure Auction #20

The above is an extremely rare and currently unique Potosi, Bolivia, cob 4 reales, 1732YA. This is a very important 4R, as it is the ONLY date and assayer (not counting overdates) that we have NEVER seen in our 25-year study of Potosi pillars-and-waves cobs.

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Lot 1079, Sedwick Treasure Auction #20

The above is an extremely rare Potosi, Bolivia, cob 1 real Heart, 1718Y. It’s an attractive example of the classic Heart shape and like most Heart minors, this specimen is probably unique.

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Lot 1086, Sedwick Treasure Auction #20

The above is a Bogota, Colombia, cob 8 reales, 1670, assayer PoRS. It’s the finest and only known specimen in NGC census (NGC certification #4348135001) and is certainly among the choicest Bogota pillars-and-waves cobs in existence, in fact the highest of all Bogota cob 8R at NGC by two grades.

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Lot 1338, Sedwick Treasure Auction #20

The above is a very rare Nicaragua (Leon), provisional “imitation cob” 2 reales, 1823 P.M.P.Y. It is probably the finest known of this Leon type with “pine tree” tops of pillars, a type rarely seen without a hole or significant damage. See Carlos Jara’s book Central American Provisional and Provincial Mints (2007) for more information about the attribution of this type to Leon.

We hope you find exactly what you’re looking for in our upcoming auction and please feel free to contact us with any questions you might have. You can see coin lots in person this weekend (and see Dan, Augi, and Connor) at the Whitman Expo at the Baltimore Convention Center November 3-6.

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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

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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.

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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 Conquistadors. We’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.

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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.

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