Coin News: Hong Kong Auctions Total More Than $5.7 Million

Heritage Auctions' Coin Newsletter [Read this newsletter online]( [Heritage Auctions]( [Coin News]( In This Issue: • [Hong Kong Auctions Total More Than $5.7 Million](#collector-a) • [Seldom Seen Selections: 1857-S Three, ex: S. S. Central America](#collector-b) • [Heritage Auctions To Split Online Bidding Increments](#collector-c) • [Help Wanted: Heritage's Coin Sales Department is expanding](#collector-e) • [Around Heritage Auctions](#around-1) • [This Week's Top Ten](#top10) • [Is It Time To Sell?](#sell) • [Current Auctions](#current) July 2, 2019 [Hong Kong Auctions Total More Than $5.7 Million] [Kwangtung. Kuang-hsü Dollar (7 Mace 3 Candareens) ND (1889) MS64+ NGC]( [Kwangtung. Kuang-hsü Dollar (7 Mace 3 Candareens) ND (1889) MS64+ NGC]( Rare Chinese coinage led the way as Heritage's June 26-28 Signature Auctions in Hong Kong realized in excess of $5.7 million overall. Auctions of both World Currency and World and Ancient Coins were held in conjunction with the Hong Kong International Numismatic Fair. All prices realized include a 20% Buyer's Premium. The [auction of World and Ancient coins]( raised over $3.1 million overall, led by [the finest Undated (1889) Kwangtung Dragon Dollar to be certified in a Mint State grade](. Graded MS64+ by NGC, and with the denomination expressed as 7 MACE AND 3 CANDAREENS, this coin represents the finest of this heavily melted and now very rare issue. It sold for $228,000. An example of the [Year 3 (1914) L. Giorgi Pattern Dollar, graded MS61 by NGC]( represents an iconic issue in a near-universally recognized type, with the L. Giorgi signature above the shoulder making this piece a truly iconic rarity, thus explaining the realized sale price of $132,000. A few of the additional highlights among the coins offered in this auction included: - [Kuang-hsü gold Pattern Kuping Tael (Liang) CD 1907 MS61 NGC, Tientsin mint, KM-Pn302]( Sold for: $114,000 - [People's Republic gold Proof "Ancient Dragon Boat" 500 Yuan (5 oz) 1995 PR69 Ultra Cameo NGC, KM-A823, Fr-124]( Sold for: $108,000 - [Kwangtung. Kuang-hsü 50 Cents (3 Mace 6-1/2 Candareens) ND (1889) MS65+ NGC, Kwangtung mint, KM-Y197]( Sold for: $90,000 - [People's Republic gold Proof Peacock 500 Yuan (5 oz) 1993 PR69 Ultra Cameo NGC, KM600]( Sold for: $66,000 [World Currency offerings in Hong Kong]( brought outstanding prices, totaling over $2.6 million overall. The top note was an important unissued Proof design of the [1965 People's Bank of China 10 Yuan, graded Choice Uncirculated 63 by PMG](. The design of this note is subtly but critically different than the issued 10 Yuan note, and it is likely that this design was proposed for circulation, but quickly discarded in favor of the issued vignette. This rare proof sold for $120,000. [China People's Bank of China 10 Yuan 1965 Pick 879pp Progressive Proof PMG Choice Uncirculated 63]( [China People's Bank of China 10 Yuan 1965 Pick 879pp Progressive Proof PMG Choice Uncirculated 63]( Among the other highlights of this auction were lots like: - [American Bank Note Company Display of Rare and Scarce Proofs from the Early Ta-Ching Government Bank and Bank of China Issues]( Sold for: $75,000 - [Deutsch-Asiatische Bank, Peking 100 Dollars 1.7.1914 Pick S277r S/M#T101-24 Remainder PMG Gem Uncirculated 65 EPQ]( Sold for: $66,000 - [Central Bank of China 1 Yuan 1936 Pick 209 PMG Gem Uncirculated 66 EPQ]( Sold for: $55,200 - [Hong Kong: Mercantile Bank of India, Ltd. 50 Dollars ND (1912-30) Pick 238cts KNB14 Color Trial Specimen PMG About Uncirculated 53]( Sold for: $54,000 - [Deutsch-Asiatische Bank, Hankow 5 Dollars 1.3.1907 Pick S262s S/M#T101-2a Specimen PMG Gem Uncirculated 65 EPQ]( Sold for: $50,400 Our next auction of World and Ancient coins is scheduled for August 15 at the ANA World's Fair of Money in Chicago. This auction will open for bidding soon at [coins.HA.com](. [Back to Top](#top) []Seldom Seen Selections: 1857-S Three, ex: S. S. Central America [1857-S $3 S.S. Central America #2 (with Pinch) MS61 PCGS]( [1857-S $3 S.S. Central America #2 (with Pinch) MS61 PCGS]( [1857-S $3 S.S. Central America #2 (with Pinch) MS61 PCGS]( [1857-S $3 S.S. Central America #2 (with Pinch) MS61 PCGS]( Although recoveries from the S.S. Central America more than doubled the number of Mint State 1857-S threes known, just 11 pieces are currently shown in Uncirculated grades by PCGS and NGC combined. This [PCGS-graded MS61 coin]( we are offering in our [July 11-14 Summer FUN Signature Auction]( is one of only eight Mint State pieces certified by PCGS. Just 14,200 pieces were struck, nearly all of which were released into circulation and used extensively in West Coast trade. This yellow-gold example retains most of its original semireflective surface on the obverse, while the reverse is lightly frosted across its smooth fields. Both sides show light, hair-thin abrasions and a few tiny marks. A sharp strike weakens only at the highest points of Liberty's curls, and bright mint luster shines throughout the obverse and reverse. A pinch of gold dust recovered from the shipwreck occupies one of the dual holder windows, while the back of the holder has the signature of chief scientist and historian of the shipwreck treasure, Bob Evans, confirming recovery of the gold dust and coin from the S.S. Central America. Its box of issue is included. [Back to Top](#top) []Heritage Auctions To Split Online Bidding Increments Heritage Auctions has announced a change to its bidding practices that will allow more bidders to pursue items in online auctions. Effective immediately, the increments in which collectors can bid in Internet absentee bidding will be cut in half. The change will not affect live bidding (including [HA.com]( in order to save live bidders time by keeping the bidding in live sessions moving at a brisk pace. "This change will benefit both buyers and sellers," Heritage Auctions Co-Founder Jim Halperin said. "Cutting in half the size of bid increments will increase the confidence and aggressiveness of buyers who are unsure about increasing a bid, and it benefits the sellers by making more clients more likely to leave a proxy bid on a wider array of available lots." The change is significant for Heritage Auctions, as approximately 60% of Heritage Auctions' 2018 sales were conducted online. With more than 40 categories of art, jewelry, collectibles and other valuable objects, Heritage Auctions is the largest auction house founded in the United States and the world's leading collectibles auctioneer. [Back to Top](#top) []Help Wanted: Heritage's Coin Sales Department is expanding Do you have experience in trading, and selling U.S. coins? Apply with Heritage today for our Salesman/Sr. Numismatist role in Dallas, TX. We are seeking a numismatist with general knowledge of U.S. Coins and good sales and organizational skills. This opportunity is ideal for a detail oriented driven individual who would like to be part of a fast paced and growing company. Apply with us today online or via email at [Experts@HA.com](mailto:Experts@HA.com?subject=Coin Department Job Openings). [Back to Top](#top) []Around Heritage Auctions [Legendary singer-songwriter parting with 1969 Martin D-45 acoustic guitar played at Woodstock in 1969]( Legendary singer-songwriter parting with 1969 Martin D-45 acoustic guitar played at Woodstock in 1969 [Graham Nash]( Nash Collection of Historic Guitars Offered at Auction July 20-21 at Heritage Auctions For more than 60 years, Graham Nash was the voice of a generation. Through collaborations with the Hollies and Crosby, Stills and Nash, Nash & Young became a two-time Rock and Roll Hall of Fame inductee, however, few know of his passion for the historic collection of guitars he amassed over the years. On July 20, Heritage Auctions will present a group of 19 guitars from Nash's important collection at auction for the first time, including the iconic [1969 Martin D-45 Acoustic Guitar]( which he played at Woodstock. "I've always collected only what touches me," Nash said. "It's like being close to the fire. I like holding Duane Allman's guitar. I like holding Don Everly's guitar. It's been played on all these incredible records and you can feel it." "I don't collect just any type of guitars." Johnny Cash. Stephen Stills. Charlie Gracie. Buddy Holly. Bo Diddley. All live on in Nash's collection and each guitar has a tale to tell: [The 1969 Martin D-45 acoustic guitar Graham played at Woodstock in 1969]( offered the year of the festival's 50th anniversary. Graham paid for the guitar using some of the advance Crosby, Stills, and Nash received from their first recording contract with Atlantic Records. "I felt so great when I could afford to buy this," Nash said. ($75,000 opening bid). [Duane Allman's Circa 1961/1962 Gibson SG](. This is best known as the guitar Allman played on the live recording of "Statesboro Blues," the opening track of At Fillmore East. This was the first guitar Graham purchased when he began his collection of other guitarists' guitars ($125,000 opening bid). [Graham Nash guitar collection at Heritage Auctions]( The 1969 Martin D-45 Acoustic Guitar Nash played at Woodstock [Nash's Own 1960 Fender Esquire Custom Sunburst Solid Body Electric Guitar](. The exact guitar played at the very last performance of Crosby, Stills, and Nash ($15,000 opening bid). [Stephen Stills' 1964 Gibson Firebird Sunburst Solid Body Electric Guitar]( gifted from Stills to Graham. Stills wanted some early Stratocasters that Graham owned and the Firebird was included in a trade ($30,000 opening bid). [Johnny Cash's 1937 Martin 000-28 Natural Acoustic Guitar](. From Graham's personal collection, this guitar belonged to the Man in Black. ($25,000 opening bid), and [Johnny Cash's 1934 Martin 0-17 Mahogany Acoustic Guitar]( ($20,000 opening bid). The [1961 Guild X350-B Natural Hollow Body Electric Guitar played by Charlie Gracie]( a major rock 'n' roll influence on a young Graham Nash. "Charlie Gracie was one of the founders of American rock 'n' roll," Nash said. From Graham Nash's personal collection, the [Buddy Holly/Everly Brothers 1951 Gibson J-185 Sunburst Acoustic Guitar]( was passed around and played on the tour bus on the second-to-last tour that Buddy Holly did before his passing ($17,500 opening bid). [More information about Entertainment Auctions]( [Back to Top](#top) []This Week's Top Ten [2008-D 25C Oklahoma MS68 PCGS]( [2008-D 25C Oklahoma MS68 PCGS]( The ten lowest mintage circulating Statehood Quarters: - 2008-D Oklahoma - 2004-P Iowa - 2002-P Ohio - 2003-P Maine - 2008-P Oklahoma - 2003-P Alabama - 2003-P Missouri - 2003-P Illinois - 2004-D Michigan - 2004-P Wisconsin Does not include the2009 US Territories quarters, all of which had lower mintages than any of the Statehood quarters. Do you have a suggestion for a future top ten list? [Send it to us!](mailto:StewartH@HA.com?subject=Top Ten List Suggestion) [Back to Top](#top) []Is It Time To Sell? An exciting consignment opportunity presents itself, as Heritage proudly presents auctions of US coins, World Coins, and Currency on September 4-9 in conjunction with the Long Beach Coin & Collectibles Expo. Heritage's Long Beach auctions have been fixtures, in conjunction with Long Beach coin shows, for literally decades. These auctions have a long-established record of attracting eager bidders and producing strong sale results for consignors, and we expect this pattern to continue. You can personally benefit from Heritage's connections to buyers from around the world and sell your coins alongside the millions of dollars of rare, desirable and important offerings that have already been consigned. The consignment deadlines of July 5 (World Coins), July 15 (Currency) and July 22 (US Coins) will be here before you know it. Call our Consignment Hotline at 1-800-872-6467 x1000 today! [September 4-9 Long Beach Expo World and Ancient Coins Signature Auction]( Consignment Deadline: July 5, 2019 [September 4-9 Long Beach Expo US Currency Signature Auction]( Consignment Deadline: July 15, 2019 [September 4-9 Long Beach Expo World Currency Signature Auction]( Consignment Deadline: July 15, 2019 [September 4-9 Long Beach Expo US Coins Signature Auction]( Consignment Deadline: July 22, 2019 [David Mayfield]( Vice President, Numismatic Auctions David@HA.com 1-800-US-COINS ext. 1000 Interested in Selling? [What's My Coin Worth?]( [Consign to a Heritage Auction]( [Back to Top](#top) []Current Auctions Coin and Currency Auctions [July 11 - 14 Summer FUN US Coins Signature Auction - Orlando #1297]( [July 11-14 Summer FUN US Coins Signature Auction - Orlando #1297]( [View Lots]( [July 28 World Coin Selections from the Morris Collection Monthly Online Auction #271928]( [July 28 World Coin Selections from the Morris Collection Monthly Online Auction #271928]( [View Lots]( [Tuesday US Internet Currency Auction]( [Tuesday US Currency July 2 Live session @ 7PM CT]( [View Lots]( [Tuesday World Internet Currency Auction]( [Tuesday World Currency July 2 Live session @ 7PM CT]( [View Lots]( [Weekly Internet US Coins]( [Weekly Internet US Coins July 2-3 Live session @ 6PM CT]( [View Lots]( [Weekly World Coin Auction]( [Thursday World Coin July 4 Live session @ 8PM CT]( [View Lots]( OTHER SIGNATURE AUCTIONS • [The Armstrong Family Collection III Space Exploration - July 16-18]( • [Summer Sports Card Catalog - July 18-20]( • [Vintage Guitars & Musical Instruments - July 19]( • [Nature & Science - July 20]( • [Entertainment & Music Memorabilia - July 20-21]( • [Summer Luxury Online Only - July 21]( • [Urban Art - July 22-23]( • [The Glynn and Suzanne Crain Science Fiction Collection - Aug. 13-14]( OTHER INTERNET AUCTIONS • [Tues. 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