CoinResource - Gorrell Collection of Gem Flying Eagle Cents and Indian Cents

Gorrell Collection of Gem Flying Eagle & Indian Cents To Anchor FUN 2003

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Press Release - October 23, 2002

Dallas, TX: An incredible collection of Gem Flying Eagle and Indian Head Cents assembled by North Carolina collector Joseph P. Gorrell will be anchoring Heritage’s Signature Sale taking place at the Jan. 2003 Orlando convention of the Florida United Numismatists. Mr. Gorrell’s love affair with Indian Cents started as a youngster during the 1930s, when he began pulling high quality coins out of circulation. He has collected off and on ever since, but it wasn’t until 1995 that he decided to complete both Mint State and Proof issues in Gem condition.

Although not formally registered as a PCGS Registry set, the quality level of the Gorrell coins demands that Registry and Type collectors focus their attention of these Gems. Mr. Gorrell’s collecting philosophy was fairly simple: “Quality tells.”

“This collection is so important - and so eye-appealing - that we will be issuing a special, full-color catalog for them at FUN,” noted HNAI Director Bob Korver. Mr. Gorrell’s favorite coin is the 1856 Flying Eagle Cent, “since that’s the one that started it all.” Among the highlights that will attract specialists:

1858/7 Flying Eagle Cent, MS63 PCGS
1861 Indian Head Cent, MS68 PCGS
1864 Indian Head Cent, L on Ribbon PR 64 Red & Brown PCGS
1873 Indian Head Cent, Doubled Liberty, MS64 Brown NGC

The Gorrell Collection will be sold as part of Heritage’s official auctions at the 2003 Florida United Numismatists Convention in Orlando. In Orlando, Jan. 8-11, Heritage will have five separate catalogs (presented by Heritage Numismatic Auctions, Heritage World Coin Auctions, and Currency Auctions of America-Heritage).

“Our FUN auctions just get bigger and better every year,” noted Heritage Co-Chairman Steve Ivy, “and 2003 rates to be astounding. In addition to more catalogs and more lots, we also have more bidders than ever before. Our on-line community now exceeds 64,000 members, and that number could well reach 70,000 by January. The fine folks at FUN are expecting their largest crown ever, so bidding competition could become very intense, indeed. We attribute our growing demand for rare coins - matched by our growing prices realized - to the ability of Heritage’s exclusive Interactive Internet™ bidding system. Put all these factors together in a HOT market, and then stand back and smile. Whether you prefer to sell at an old-fashioned coin show, or even if you demand the latest in Internet technologies, Heritage’s auctions give you the best of all numismatic worlds.”

“The importance of the FUN venue,” noted Auction Director Bob Korver, is demonstrated by the fresh consignments already on hand -- more than $10 million! In addition to the Gorrell Collection, Heritage’s FUN 2003 auction also includes: The Ashland City Collection of branch mint and other U.S. gold; The Chicagoland Collection of Standing Liberty Quarters, assembled by Hans Poetsch; The George Coyman Collection; The Philip Kaufman Collection of Proof Seated Liberty Coinage, Part 3; The Ohio Collection, Part 8; The St. Louis Collection; and The Robert Tarr, Sr. Collection.”

The consignment deadline for the FUN Signature Sale is November 27. For more information, please contact Consignment Director Leo Frese at 1-800-872-6467 ext 294.

Full-color images of the Gorrell Collection can be seen at www.HeritageCoin.com, Auctions: Upcoming Auction Highlights.

A complete inventory of the Gorrell Collection follows:

FLYING EAGLE CENTS
1856 Cent, Flying Eagle, PCGS MS66
1857 Cent, Flying Eagle, PCGS MS65
1858 Cent, Flying Eagle, PCGS MS65
1858 Cent, Flying Eagle, PCGS MS67
1858/7 Cent, Flying Eagle, PCGS MS63
1858/7 Cent, Flying Eagle, PCGS MS64
1856 Cent, Flying Eagle, PCGS PR65
1856 Cent, Flying Eagle, PCGS PR65
1857 Cent, Flying Eagle, PCGS PR65

MINT STATE
1858 Cent, LG LETTER PCGS PR65
1858 Cent, SM LETTER PCGS PR65
1859 Cent, PCGS MS65
1860 Cent, PCGS MS65
1860 Cent, PCGS MS66
1861 Cent, PCGS MS68
1862 Cent, PCGS MS66
1863 Cent, PCGS MS65
1864 Cent, CN PCGS MS66
1864 Cent, BR, Red PCGS MS66
1864 Cent, L on ribbon, Red PCGS MS66
1865 Cent, Fancy 5, Red NGC MS65
1865 Cent, Fancy 5, Red PCGS MS66
1866 Cent, Red NGC MS65
1867 Cent, Red PCGS MS65
1868 Cent, Red NGC MS65
1869 Cent, Red PCGS MS65
1870 Cent, Red PCGS MS66
1871 Cent, Red PCGS MS65
1872 Cent, Red PCGS MS65
1873 Cent, Red PCGS MS65
1873 Cent, Closed 3, Red PCGS MS66
1873 Cent, Doubled LIBERTY, Brown NGC MS64
1874 Cent, Red NGC MS65
1875 Cent, Red PCGS MS65
1876 Cent, Red NGC MS65
1877 Cent, Red PCGS MS66
1878 Cent, Red NGC MS65
1879 Cent, Red PCGS MS65
1880 Cent, Red PCGS MS66
1881 Cent, Red PCGS MS65
1882 Cent, Red PCGS MS65
1883 Cent, Red PCGS MS65
1884 Cent, Red PCGS MS65
1885 Cent, Red PCGS MS65
1886 Cent, Red PCGS MS65
1886 Cent, Red NGC MS65
1887 Cent, Red NGC MS65
1888 Cent, Red PCGS MS65
1889 Cent, Red NGC MS65
1890 Cent, Red PCGS MS65
1891 Cent, Red PCGS MS65
1892 Cent, Red PCGS MS65
1893 Cent, Red PCGS MS65
1894 Cent, Red PCGS MS65
1895 Cent, Red PCGS MS65
1896 Cent, Red PCGS MS65
1897 Cent, Red PCGS MS65
1898 Cent, Red PCGS MS66
1899 Cent, Red PCGS MS68
1900 Cent, Red PCGS MS66
1901 Cent, Red PCGS MS65
1902 Cent, Red NGC MS66
1903 Cent, Red NGC MS66
1904 Cent, Red PCGS MS65
1905 Cent, Red NGC MS66
1906 Cent, Red PCGS MS65
1907 Cent, Red PCGS MS65
1908 Cent, Red PCGS MS65
1908-S Cent, Red PCGS MS65
1909 Cent, Red PCGS MS65
1909-S Cent, Red PCGS MS65

PROOFS
1859 Cent, NGC PR66
1860 Cent, PCGS PR65
1861 Cent, NGC PR65
1861 Cent, PCGS PR66
1862 Cent, PCGS PR66
1863 Cent, PCGS PR66
1864 Cent, CN PCGS PR66
1864 Cent, BR, Red PCGS PR65
1864 Cent, L on ribbon, RB, PCGS PR64
1865 Cent, Red PCGS PR65
1866 Cent, Red PCGS PR65
1867 Cent, Red PCGS PR65
1868 Cent, Red PCGS PR65
1869 Cent, Red PCGS PR65
1870 Cent, Red PCGS PR65
1871 Cent, Red PCGS PR65
1872 Cent, Red PCGS PR65
1873 Cent, Red PCGS PR66
1874 Cent, Red PCGS PR65
1875 Cent, Red NGC PR65
1876 Cent, Red PCGS PR65
1877 Cent, Red NGC PR66
1878 Cent, Red PCGS PR65
1879 Cent, Red PCGS PR65
1880 Cent, Red PCGS PR65
1881 Cent, Red PCGS PR66
1882 Cent, Red PCGS PR65
1883 Cent, Red PCGS PR67
1884 Cent, Red PCGS PR65
1885 Cent, Red PCGS PR65
1886 Cent, Red PCGS PR66
1886 Cent, V.2, Red PCGS PR66
1887 Cent, R&B PCGS PR65
1887 Cent, Red PCGS PR65
1888 Cent, Red PCGS PR66
1889 Cent, Red PCGS PR66
1890 Cent, Red PCGS PR65
1891 Cent, Red PCGS PR65
1892 Cent, Red PCGS PR65
1893 Cent, Red PCGS PR65
1894 Cent, Red PCGS PR65
1895 Cent, Red PCGS PR66
1896 Cent, Red PCGS PR65
1897 Cent, Red PCGS PR66
1898 Cent, Red PCGS PR67
1899 Cent, Red PCGS PR66
1900 Cent, R&B PCGS PR65
1901 Cent, Red PCGS PR66
1902 Cent, Red PCGS PR66
1903 Cent, Red PCGS PR67
1904 Cent, Red PCGS PR65
1905 Cent, Red PCGS PR66
1906 Cent, Red PCGS PR65
1907 Cent, Red PCGS PR66
1908 Cent, Red PCGS PR65
1909 Cent, Red PCGS PR65

The Heritage name is recognized worldwide for bringing unparalleled value to every consignor and bidder. Year 2001 sales exceeded $150 million and assets were approximately $30 million. HeritageCoin.com is the Internet's most popular and highly trafficked rare coin site, with over 64,000 registered members. HeritageCoin.com is the only coin site chosen twice by Forbes.com’s Best of the Web (1999 and 2001) as one of the 250 best websites on the Internet, and also won the most recent Numismatic Literary Guild award for Best Numismatic Internet Site. For more information on how to consign your coins to the FUN Signature Sale contact one of our consignment coordinators at 1-800-US COINS (800.872.6467). We also invite you to visit us on the web at http://www.HeritageCoin.com