Legendary 1936 Canadian Dot Cent brings $402,500

Legendary 1936 Canadian Dot Cent brings $402,500 to lead Heritage Auctions $11 million+ NYINC World Coin Auction

The Canadiana Collection dominates auction action at The Waldorf Astoria, Jan. 3-4, 2010

NEW YORK — Heritage Auctions’ World Coins division kicked off 2010 with a bang over the New Year’s weekend at the Waldorf Astoria in Manhattan, setting an in-house record total with its $11 million+ Signature® World Coin Auction, Jan. 3-4, with the most famous Canadian coin in existence, the best of three known George V 1936 Dot Cents, leading all coins with a final price realized of $402,500. All prices include a 15% Buyer’s Premium.

“We don’t see any weakness in the World Coin market right now,” said Cristiano Bierrenbach, Director of International Sales at Heritage Auctions. “It almost seems strange to say it, but it’s true. Usually one area or another will show some kind of slowdown, but there were a record amount of bidders vying for almost every coin in this auction, especially The Canadiana Collection, as the more than 90% sell-through rate indicates.”

The Canadiana Collection did indeed top all entries into auction and set coin collectors across Canada, and the world, abuzz with its stunning array of offerings. In the process of realizing $3.85 million total, it made international news with the sale of the legendary 1936 Dot Cent, KM28, Specimen 66 Red PCGS, Ex: Belzberg, the finest of three known, as mentioned above.
Long considered essentially uncollectible since noted numismatist John Jay Pittman had held all three known examples from 1961 until his death, these coins were struck in 1937 prior to the creation of coinage dies for George VI but never released for circulation. Since first re-appearing on the market more than a decade ago, and now well-scattered, the three 1936 Dot Cents create great excitement whenever one appears on the auction block.

While it didn’t garner the same level of media attention as the Dot Cent, a simply beautiful 1934 Australian Proof Set, also featuring George V, KM-PS11, comprising KM22-27, certified and graded by PCGS, generated high interest and spirited bidding from collectors of Australian coins, ultimately bringing more than four times its low estimate of $60,000 to settle at $276,000.

“This is just an absolutely spectacular set, possibly the finest known and certainly the highest certified,” said Warren Tucker, Director of World Coins at Heritage Auctions. “It’s certainly very rare and now it’s the centerpiece for a very advanced collection.”

Also from The Canadiana Collection, a stunning 1921 Canadian 50 Cents, KM25a, MS66 PCGS, Ex: Bass-Belzberg-Brown, known as the ‘King of Canadian Coins,’ and also featuring England’s King George V, proved very popular with collectors on its way to a final price realized of $218,500, while the much-heralded 1936 Canadian Dot 10 Cents Specimen 68, KM23a, Specimen 68 PCGS, Ex: Pittman, lived up to its billing as the finest known survivor of the issue as collectors bid the coin up to a price of $184,000.

Further highlights of the auction include, but are not limited to:

Victoria Canadian 50 Cents 1890H, KM6, MS64 PCGS, Ex: Alston-Grossman: One of the most coveted issues in Canadian numismatics and the rarest entry in the incredibly difficult Victoria 50 Cents series, with a mintage of only 20,000 coins. One of only two Mint State examples known, both survivors of the renowned Heaton Hoard discovered in 1974-75. Realized: $149,500.

Victoria Canadian 50 Cents 1871-H, KM6, MS67 PCGS, Ex: Brown-Grossman: With only 45,000 pieces coined, the 1871-H Victoria 50 Cents, the first Heaton production, has the lowest mintage among the early-series issues. This phenomenal Superb Gem coin has the dual distinction of being not only the single finest graded of the issue by three grade points, it is also the single finest PCGS-certified example of the entire Victoria 50 Cents type (7/09). Realized: $120,750

South African Republic gold Pond 1874, Friedberg 1a, KM12, MS64 NGC, fine beard variety: The famed Burgers Pond, portrait of President Thomas François Burgers. 695 were struck in Birmingham, England. Few of this small number have survived, and many extant are damaged from jewelry use. An astounding example.  Realized: $97,750.

People’s Republic of China gold 20 oz. 1500 Yuan 1989: Commemorating the 40th Anniversary of the People’s Republic, National emblem above city view/Government official giving speech at ceremony, value below, KM259, Gem Proof in the original sealed government plastic package. The first example Heritage has seen of this seldom offered issue. Realized: $92,000.

Cuban Republic gold 20 Pesos 1916, KM21, Proof 63 PCGS, extremely rare Proof only date with a total mintage of 10 pieces:  One of the great rarities of the Latin gold series, and missing in the collections of the ANS and Smithsonian. Realized: $88,002.

Heritage Auctions, headed by Steve Ivy, Jim Halperin and Greg Rohan, is the world’s third largest auction house, with annual sales more than $600 million, and 475,000+ registered online bidder members. For more information about Heritage Auctions, and to join and gain access to a complete record of prices realized, along with full-color, enlargeable photos of each lot, please visit www.HA.com.

 

Want to get the up-to-the-minute updates and breaking news stories about Heritage Auctions? Get them as they happen at: www.Twitter.com/HeritagePress; www.Twitter.com/JimHalperin; Facebook: Heritage Auction Galleries. To view a compete archive of Heritage press releases go to: www.HA.com/PR. To link to this press release on your blog or Website: www.HA.com/PR-1784.

 

######

media contact

Noah Fleisher

Heritage Auction Galleries

www.HA.com

3500 Maple Avenue, 17th Floor

Dallas, TX 75219

1-800-872-6467 x 1143

NoahF@HA.com

Please direct photography requests to:

Cindy Brenner

CindyB@HA.com

1-800-872-6467 x 1289

Collectors Universe Acquires Long Beach and Santa Clara Expos

(Newport Beach, Calif.) – Publicly-held Collectors Universe, Inc. (NASDAQ: CLCT), Newport Beach, California, has acquired Expos Unlimited L.L.C., Santa Barbara, California, owners and managers of the popular Long Beach and Santa Clara Coin, Stamp & Collectibles Expos.

Expos General Chairman, Ronald J. Gillio, and his Santa Barbara-based tradeshow team will continue to manage the Northern and Southern California collectibles shows for at least five years. There are three annual Long Beach events and two annual Santa Clara shows that each attracts thousands of collectors and dealers.

Collectors Universe is the parent company of Professional Coin Grading Service (PCGS) and other corporate divisions that certify stamps, sports-related items, autographs and diamonds.

“Our strategic acquisition of Expos underscores our mission to enable and facilitate transactions in our targeted collectibles markets. The Long Beach Expo is one of the most important shows in the coin business, and this acquisition secures this venue for the future,” said David Hall, President of Collectors Universe.

“The Long Beach show is an institution in the coin market. I went to my first coin show in 1966, and it was the Long Beach show! With this acquisition, we help secure this important coin market venue for future collectors and dealers,” Hall explained.

“The Long Beach Expo has been one of the most important collectibles shows in the world for over 40 years, and it is the only private, for-profit large convention of its kind. By acquiring Expos Unlimited, we believe we can both build on the success of this show in the coin business and also expand and add other collectibles categories, such as stamps and sports.”

Collectors Universe paid $2.4 million in cash at closing for Expos Unlimited. The total consideration for Expos also includes certain contingent payments up to an aggregate of $750,000 which depend on the financial performance of Expos over the next five years.

“I’m excited for Expos to become a Collectors Universe company,” said Gillio.

“I’ve known CEO Michael Haynes and Collectors Universe co-founders, David Hall and Van Simmons, for many years. PCGS’s participation at the shows as a table holder, numismatic consultant and on-site grader, has significantly contributed to the success of our shows. PCGS was the first corporate sponsor of the Long Beach show in 1996, and the list of sponsors has grown to include such outstanding companies as eBay,” said Gillio.

“By teaming up with Collectors Universe, we foresee additional opportunities to make the Long Beach and Santa Clara Expos even more vital to the collecting interests of our core coin and stamp enthusiasts and dealers. In addition, we plan to explore the possibilities for leveraging Collectors’ deep relationships and expertise in other high-value asset classes, such as autographs and sports memorabilia, to create new and exciting exhibition opportunities for our venues.”

Heritage Auction Galleries, Dallas, Texas, is the official numismatic auctioneer for the Long Beach Expos, and Superior Galleries, Beverly Hills, California, is the official numismatic auctioneer for the Santa Clara Expo.

The next Long Beach Coin, Stamp & Collectibles Expo will be held September 14 – 16, 2006 in the Long Beach, California Convention Center. The next Santa Clara Expo will be conducted November 16 – 19 in the Santa Clara Convention Center.

For additional information, contact the Expo office, 8 West Figueroa St., Santa Barbara, CA 93101. Phone: (805) 962-9939. Online at www.LongBeachShow.com and www.SantaClaraExpo.com.

Collectors Universe, Inc. is a leading provider of value added services to the high-value collectibles and diamond markets. The company authenticates and grades collectible coins, sports cards, autographs, stamps, currency and diamonds. The company also compiles and publishes authoritative information about United States and world coins, collectible sports cards and sports memorabilia, collectible stamps and diamonds. The information is accessible to collectors and dealers at the company’s web site, www.collectors.com, and is also published in print.

One-of-a-Kind "Rainbow" Silver Dollars at Long Beach Coin, Stamp & Collectibles Expo

(Long Beach, California) – A one-of-a-kind collection of century-old United States silver dollars, each with eye-popping, natural rainbow colors, will be publicly displayed for the first time in California at the Long Beach Coin, Stamp & Collectibles Expo, February 5 – 7, 2009. The show will be held in the Long Beach Convention Center, 100 S. Pine Ave.

“The 97 silver dollars in the set date back to 1878, and each coin has spectacular, natural oxidation toning. In fact, the colors are so beautiful the set is named the ‘Somewhere Over the Rainbow Collection.’ Some of the coins are the finest known of their kind,” said Ronald J. Gillio, the Expo General Chairman.

The set was assembled by collector Doug Kurz and will be displayed by Professional Coin Grading Service of Newport Beach which certified the authenticity of each coin.

“Old U.S. silver dollars are 90 percent silver, and under certain environmental conditions oxidation can create exquisite colors on their surfaces. The coins in this collection were not artificially enhanced. They have natural, multi-color toning, and are exceptionally beautiful,” said Gillio.

More than 1,000 dealers will be buying and selling rare coins, paper money, stamps, postcards, historic documents, antiques, estate jewelry and other collectibles at the three-day Long Beach Expo. Some dealers will provide free, informal appraisals for visitors. Young numismatists’ activities, including a children’s treasure hunt, will be held on Saturday, February 7.

A free gold coin door prize will be awarded each day to a lucky, registered visitor.

A half dozen educational seminars about collectibles and hobby club meetings will be conducted during the show, and Heritage Auction Galleries of Dallas, Texas, the world’s largest collectibles auction house, will hold a public sale of U.S. and world coins and paper money

The public hours are Thursday and Friday, February 5 and 6, 2009, from 10 a.m. to 7 p.m., and on Saturday, February 7, from 10 a.m. to 5 pm. (The show is closed on Sunday.) A complete Schedule of Events is online at www.LongBeachShow.com.

General admission is $6 (good for all three days); $4 for members of any coin or stamp club who display a valid membership card; and $3 for seniors 65 and older. Free admission for children ages seven and younger. Discount coupons are available online at www.LongBeachShow.com.

The Long Beach Expo is a division of Collectors Universe, Inc. (NASDAQ: CLCT).

Unique, Early American Gold Highlights September Long Beach Expo

September Long Beach Expo

(Long Beach, California, September 8, 2007) – A multi-million dollar public display of early United States Mint coins, including unique Half Eagle and Eagle specimen strikes, will be exhibited at the Long Beach Coin, Stamp & Collectibles Expo in the Long Beach Convention Center, 100 S. Pine Ave., September 27 – 29, 2007.

Visitors will also see special exhibits of coins, ingots, medals, tokens and scrip from the John J. Ford Jr. Collection of Western Americana; portions of the PCGS Grading Set; and the first display of the finest known 1907 Ultra High Relief Saint-Gaudens double eagle since its recent, record-smashing sale.

“The display by Monaco Rare Coin of Newport Beach features the finest known 1776 Continental Dollar struck in pewter, graded NGC MS67, and one-of-a-kind gold pieces from 1795 and 1800,” said Ronald J. Gillio, Expo General Chairman.

“Highlights of the exhibit are the only known 1795 Capped Bust Heraldic Eagle $5 gold coin graded NGC SP64, and a beautiful 1800 Capped Bust Heraldic Eagle graded NGC SP65. The unique 1795 Half Eagle is the earliest-dated U.S. gold coin ever designed as a specimen or special proof strike by either Numismatic Guaranty Corporation or Professional Coin Grading Service, and the 1800 Eagle is the earliest $10 denomination gold coin ever certified as a specimen strike by NGC or PCGS.”

The Monaco exhibit also will include some of the finest known Colonial American silver coinage of Massachusetts ever publicly assembled.

Stack’s of New York City and Wolfeboro, New Hampshire will display selected highlights from the John J. Ford Jr. Collection of Western Americana.  The fabled collection is the largest, most diverse and most important of its kind ever assembled by a private party, according to Christine Karstedt, President of Stack’s, which will offer the collection in a public auction in New York on October 16.

Items on display at the September Long Beach Expo will include some of Ford’s legendary Western assay ingots and assay receipts; one of only four known 1856 Blake & Co. pattern $20 gold pieces; one of only two known 1849 Cincinnati Minting and Trading Company pattern $20 gold pieces; and rare Western bank notes and merchant’s scrip

The Professional Coin Grading Service will exhibit portions of the PCGS Grading Set that includes multiple examples of all grades from About Good-3 to Mint State-61 and five to ten examples of MS-63 to MS-67 for most major U.S. coin series.   There also will be displays of natural and artificial toning, as well as toned coins depicting positive or negative eye appeal.

Certified Assets Management of Wilmington, Delaware will display the finest known 1907 Ultra High Relief Saint-Gaudens $20 denomination gold coin, graded PCGS Proof-69.  This will be the first public showing of the coin since it was acquired last month for a record price described as “substantially exceeds $3 million,” according Bob Higgins, President of the company.

A children’s treasure hunt will be held Saturday; the Long Beach Stamp Club will give away free collectible stamps to youngsters; and a free gold coin door prize will be awarded each day to a lucky visitor to the show.

Heritage Auction Galleries (www.HA.com) of Dallas, Texas will conduct a major sale of U.S. and world coins and bank notes.

The public hours are Thursday and Friday, September 27 and 28, 2007, from 10:00 a.m. to 7:00 p.m., and on Saturday, September 29, from 10:00 a.m. to 6:00 p.m. (The show is closed on Sunday.)  A complete Schedule of Events can be found online at www.LongBeachShow.com.

General admission is $6 (good for all three days); $4 for members of any coin or stamp club who display a valid membership card; and $3 for seniors 65 and older. Free admission for children ages seven and younger. Discount coupons are available online at www.LongBeachShow.com.

For additional information, prior to September 25 call (805) 962-9939; and between September 26 and 29 call (562) 436-3636. Online: www.LongBeachShow.com.

The Long Beach Expo is a division of Collectors Universe, Inc. (NASDAQ: CLCT).

PNG Extends Brueggeman’s Contract, Cites Accomplishments

(Fallbrook, California) — The Professional Numismatists Guild (PNG), a nonprofit organization composed of many of the top rare coin and paper money dealers, has extended for another two years the contract of its veteran Executive Director, Robert Brueggeman. “Bob has continued to manage a dynamic organization with zeal and dedication. His efforts have kept the Professional Numismatists Guild on a steady pace,” said PNG President Gary Adkins. “Most of the disputes that come to the PNG office are quickly and fairly settled through Bob’Robert_Brueggeman.jpgs tenacious determination. Legal and financial matters are handled with professional, caring detail. Promotion and education continue to be keys to PNG’s success with Bob’s guidance, and the PNG is proud to have Bob as its Executive Director.”

Brueggeman has served as PNG Executive Director for the past 14 years.

“In 1994, when I first took over as Executive Director, the PNG was struggling in both membership and finances. I’m happy to say that today the organization has 275 members and is exceptionally sound financially,” Brueggeman said.             “We’ve also changed the perception of PNG from an elitist, ‘good ol’ boys club’ to that of an organization that is open to embracing all who meet the high standards of membership.”             All PNG members must adhere to strict Code of Ethics in the buying and selling of numismatic merchandise.             In the coming months Brueggeman will be working on plans for a series of small to medium-sized numismatic dealer-to-dealer conventions named the PNG Dealer’s Deal. Specific details about those conventions, including dates and locations, will be announced soon.             For additional information about the Professional Numismatists Guild, call (760) 728-1300 or e-mail info@PNGdealers.com. Online: www.PNGdealers.com.

ANA, Bowers and Merena Sign Official Auctioneer Contract

Provisions include membership drive and sales incentives

COLORADO SPRINGS – The American Numismatic Association has signed a definitive agreement for Bowers and Merena Auctions to act as the official auctioneer for the two 2009 ANA shows, the Los Angeles World’s Fair of Money® andthe Portland National Money Show™, Executive Director Larry Shepherd announcedtoday. Details of the agreement include sales incentives as well as a guarantee tosign up 2,000 new ANA members.

In consideration for the exclusive right to conduct the auctions and be designatedas the official auctioneer, Bowers and Merena, which was selected by the ANABoard of Governors in March, has agreed to pay the ANA a base fee for bothshows, plus two percent of the total sale price for all auction sales over $20 million(for Los Angeles) and $12 million (for Portland). In addition, Teletrade, an affiliatecompany of Bowers and Merena, will conduct a sanctioned Internet auction immediately preceding each convention.

Bowers and Merena has also guaranteed that it will sign up 2,000 new members tojoin the ANA from Sept. 1, 2008, through Dec. 31, 2009.“We are very pleased with this contract because it provides incentives for both parties to work together to ensure that the auctions are as successful as possible,”said Shepherd. “In addition, we are extraordinarily pleased with Bowers andMerena’s commitment to help the Association build its membership.”

“This is an exceptional opportunity for Bowers and Merena to further secure ourleadership role in this industry, and most certainly is a win-win for both partiesinvolved,” said Greg Roberts, Chief Executive Officer for Escala Group, Inc., parentcompany of Bowers and Merena Auctions. “We appreciate the confidence thatthe ANA has placed in Bowers and Merena to conduct successful auctions at theirshows and to help build the quality membership of their organization.”

“We pride ourselves on the level of professionalism and knowledge of our team,”added Steve Deeds, President of Bowers and Merena. “We have the numismaticexperts and auction specialists on staff who will go the extra mile to provide anexceptional auction event every time. We have a tremendous respect for the ANAand what the organization does to advance coin and currency collecting, and theentire Bowers and Merena team is looking forward to working with them toward ourmutual goals.”

2-2 ANA, Bowers and Merena Finalize Details of Auction Contract
Live auctions will be held during the Los Angeles World’s Fair of Money®, Aug. 5-9,2009, and during the Portland National Money Show™, March 13-15, 2009.The American Numismatic Association is a nonprofit organization dedicated toeducating and encouraging people to study and collect money and related items.

The ANA helps its 32,000 members and the public discover and explore the world ofmoney through its vast array of programs including its education and outreachprograms, museum, library, publications, conventions and seminars.

For more information, call 719-632-2646 or visitwww.money.org.

Bowers and Merena Auctions was founded in 1983 and has grown to become the world’s preeminent numismatic auctioneer with more than half a billion dollars inrare coin and currency sales. Bowers and Merena has handled four of the five mostvaluable United States coin collections ever sold, including the Louis E. Eliasberg Sr.Collection, the Harry W. Bass Jr. Collection, the Garrett Collection for The JohnsHopkins University, and the Norweb Collection.

For more information, call 800-458-4646 or visit www.bowersandmerena.com.

CONTACT: Jay Beeton
Telephone: 719-482-9864
E-mail: pr@money.org