 The Reiver
Collection--$5.1 Million Realized in Three Days
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Dallas, Texas: Heritage Auction Galleries opened their Signature
Auction of the Jules Reiver Collection of US Coinage on January 24, 2006
in their Dallas headquarters. This auction, held with no reserves, has
realized $5,097,386 through six of nine sessions so far, with 2,663
total bidders participating, 465 of them successfully, for 2,908 total
lots.
"This auction has been tremendously popular with the public," said
Greg Rohan, President of Heritage. "Our lot viewing sessions have been
consistently full, and bidding sessions have been standing room only.
Interest has been so strong that WFAA, Channel 8 in Dallas, sent a
camera crew to cover Tuesday night's session. Needless to say, Mr.
Reiver's family has been thrilled with the results of the auction so
far."
"I am amazed by the prices these coins are bringing," said Mark
Borckardt, Senior Cataloger for Heritage and lead cataloger for this
auction. "One early copper dealer attending the sale said that even the
low-value material is bringing 'all the money.' The important rarities
in the Reiver Collection are bringing prices that have never been seen
before in the copper market. We all felt that the Rasmussen Collection
we sold last year did extremely well, but comparatively, I feel the
Reiver Collection is exceeding all expectations, and will make prices at
the Rasmussen sale seem like bargains."
"Jules Reiver was a fascinating man," opined Rohan. "A World War II
hero who was awarded the Bronze Star, he was a passionate numismatist
who assembled probably the most complete collection that has ever
existed of early US copper and silver coinage by die variety and die
state. Mr. Reiver was also an author, writing the authoritative
reference on Half Dollars minted 1836-39 and books and articles on
several other series."
"Mr. Reiver's collecting efforts were far reaching, and the results
speak for themselves," continued Rohan. "Although this auction has
already continued for three days, we have yet to scratch the surface of
his amazing collection of early US silver, which includes nearly a
thousand different half dollars dated 1794-1839 as well as an extensive
selection in other series."
This auction will continue through January 28 at Heritage's
headquarters, with internet bidding still open on many items at
www.HeritageGalleries.com/Coins.
Auction highlights so far include:
-
1831 1/2 C Original C-1 or EO-5,
B-1, R.6. Die State 1. PR58 NGC.
REALIZED: $80,500.
-
1878-S 50C AU Details NCS.
REALIZED: $58,075.
-
1797 1C Reverse of 1797, No Stems.
S-131, B-27, R.3. AU55 NGC.
REALIZED: $48,875.
-
1839 Gobrecht $1 Name Omitted,
Judd-104 Restrike, Pollock-116, R.3,
PR64 NGC. REALIZED: $46,000.
-
1878 $3 MS66 NGC. REALIZED:
$46,000.
-
1793 1C Wreath Cent--Vine and
Bars--S-8, B-13, Low R.3. MS62 Brown
NGC. REALIZED: $46,000.
-
1811 1/2 C C-2, B-2, R.2. Die State
3. Unc Details NCS. REALIZED:
$43,125.
-
1793 Chain 1C AMERI. S-1, B-1, Low
R.4. Fine 15 NGC. REALIZED:
$43,125.
-
1838 Gobrecht $1 Name Omitted,
Judd-84 Restrike, Pollock-93, R.5,
PR63 NGC. REALIZED: $43,125.
-
1895 $1 PR62 NGC. REALIZED:
$37,375.
-
1856 1C PR65 NGC. Snow-3.
REALIZED: $34,500.
-
1794 1C Head of 1794. S-42, B-29,
Low R.4. AU58 NGC. REALIZED:
$34,500.
-
1802/0 1/2 C Reverse of 1800. C-1,
B-1, R.6. Die State 1. VF Details
NCS. REALIZED: $34,500.
-
1797 1C Reverse of 1797, Stems.
NC-7, B-30, R.8. VF Details. NCS.
REALIZED: $32,200.
-
1793 1C Liberty Cap. S-16, B-19,
R.6. VF Details NCS. REALIZED:
$32,200.
-
1796 1C Draped Bust, Reverse of 1796
S-96, B-32, R.6. VF Details. NCS.
REALIZED: $32,200.
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Images, descriptions, and prices realized from this auction, as well
as all previous Heritage auctions, are available in the Permanent
Auction Archives at the Heritage website.
To purchase a catalog for any Heritage Auction, please contact Nicole
Jewell at Heritage Auction Galleries, 3500 Maple Avenue, 17th Floor,
Dallas, TX, 75219 or visit
http://HeritageGalleries.com/Coins/ to order by
credit card.
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