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Other Newman coins to auction -- when?

As I understand it the next group of Newman coins will be his early quarters to hit the block in November. So how many more are yet to go -- and when?? Why are they being extended over many months??

Will more be sold at the FUN auction in January?
Ed

Comments

  • boiler78boiler78 Posts: 3,076 ✭✭✭✭✭

    There are over 1800 Newman coins in the upcoming Heritage auction in NYC including early dimes, half's and dollars in addition to the quarters. I don't know what is left in the collection but I sure hope Eric collected US Gold!!!!image
  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,680 ✭✭✭✭


    << <i>Why are they being extended over many months?? >>



    Because the people in charge of those decisions believe prices realized in total will be higher if the collection is sold in parts, over time.
  • Ed62Ed62 Posts: 857 ✭✭
    Glad they started with patterns image
    Ed
  • MrEurekaMrEureka Posts: 24,393 ✭✭✭✭✭
    I believe the plan was/is to hold more than 10 sales, which presumably would take 3-4 years.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • keyman64keyman64 Posts: 15,521 ✭✭✭✭✭
    I wonder how much of the collection might never be sold and will just stay in the museum. And which items will remain in the museum.
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • Ed62Ed62 Posts: 857 ✭✭
    Anyone have an inventory of the entire Newman collection? Those to be sold and those to be retained by the Foundation?
    Ed
  • GOLDGUYGOLDGUY Posts: 253 ✭✭
    Those from the numismatic community who have viewed the Newman coins being offered by Heritage next month are understandably astonished by their rarity and quality. But we’ve also learned that many potential bidders have wondered whether or not the coins selected for auction are the finest for their respective Types and Issue, or if there is a large quantity of Newman duplicates waiting to be sold at some later date. We have discussed these questions with the representatives from EPNNES and they have provided the following response:

    Over several decades, Eric P. Newman donated his coin collection, in its entirety, to EPNNES. Almost every silver Type coin owned by EPNNES (other than low-grade silver bullion) is being offered for sale in next month’s auction in New York. EPNNES has retained a silver Type coin set, including a 1794 dollar, for the Newman Money Museum in St. Louis. The coins being offered in November are superior to these examples retained for the Museum’s educational and research purposes.

    In other words, bidders on the Newman coins can proceed knowing that the coins being offered by Heritage next month comprise virtually all of the Eric P. Newman silver Type coins and represent the very best from EPNNES.

    We look forward to your participation in this very special event!

    Note: Items being sold are from the extensive collection of Eric P. Newman Numismatic Education Society (a Missouri not-for-profit corporation) and have been assembled over a period of 90 years. Proceeds of the sale of all items will be used exclusively for supplementing the Society's museum operations and scholarly research efforts and for the benefit of other not-for-profit institutions selected by Eric P. Newman Numismatic Education Society for public purposes.
    Todd L. Imhof
    Partner / Executive VP
    Heritage Auctions
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  • AnalystAnalyst Posts: 1,438 ✭✭✭

    GoldGuy:<<Those from the numismatic community who have viewed the Newman coins being offered by Heritage next month are understandably astonished by their rarity and quality.

    I certainly was astonished when I examined a substantial number of them at the ANA Convention.

    The Fabulous Eric Newman Collection, Part 4: Proof 1818 Quarter

    The Fabulous Eric Newman Coin Collection, part 3: Draped Bust Quarters

    "In order to understand the scarce coins that you own or see, you must learn about coins that you cannot afford." -Me

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