What's in Eric Newman's collection?

SethChandler · February 21, 2013 5:35AM

Its been posted here that his collection is going to offered over the next few years.

We have seen pictures of a few of his coins, notably, an awesome 1794 Dollar high end AU, Gem Proof Bust Dollar, Gem Proof Bust Quarter, and his Gold Washington Medal. All of these are stored in Wayte Raymond albums. But what else is in there, any specifics?

I'd image his collection is similar to John Ford's. Deep in everything non-federal. The clues are in what he's written.

You know there is going to be some crazy items that pop out of nowhere, truly old school stuff that was around 50-75 years ago. Like an original cased proof set with gold from the 1850's with a letter from the director of the Mint. I could see Newman saying, "Yep, I beat that four-eyed Pittman to the punch and paid $55 for that". Branch mint proofs. Maybe even mundane stuff (for back then) .... original roll/ of Seated Quarters, BU roll of 1909-S VDB, BU roll of 1916 SLQ, etc......Truly mundane stuff, but neat.

Care to speculate? Or spin the rumor mill?

ambro51 · February 21, 2013 5:39AM

I go the first mailing today on it and just from that sampling his coins make everybody elses look like cat poop. I don't think "normal" collectors will end up owning any of this stuff.

Dentuck · February 21, 2013 5:46AM

The enigmatic sixth and seventh specimens of the 1913 Liberty Head nickel, struck in palladium.

RYK · February 21, 2013 5:53AM

<< I go the first mailing today on it and just from that sampling his coins make everybody elses look like cat poop. I don't think "normal" collectors will end up owning any of this stuff. >>

I would have phrased it differently, but I agree.

For example, there is an Assay $10 piece on the cover, and I thought, "Nice, I have been looking for one of those." Then, I saw that it was in a 68 holder...

Jcarney · February 21, 2013 5:57AM

<< I go the first mailing today on it and just from that sampling his coins make everybody elses look like cat poop. I don't think "normal" collectors will end up owning any of this stuff. >>

rhedden · February 21, 2013 6:08AM

Some people pay a premium for cat poop of all types, as long as it is in a doily and and has a gold sticker.

Can't wait to see that original roll of 1870-cc Seated 25c, though.

Lakesammman · February 21, 2013 6:11AM

Some people pay a premium for cat poop of all types, as long as it is in a doily and and has a gold sticker.

Did someone call my name??

Wasn't planning on going to Central States until the sale was announced - wouldn't miss it now.

Time to refi the house!

jom · February 21, 2013 6:37AM

An early quarters book came out last year (or was it 2011?) that had numerous photos of EN's Bust Quarters. They looked outrageous. I can't wait to see them if they are a part of these sales.

jom

tradedollarnut · February 21, 2013 6:37AM

The neat thing is that EVERYONE will benefit by these coins being sold. Even if you can't afford a Newman coin, the buyer will most likely sell his current coin which will go to another buyer who will sell his current coin....etc.

Trickle down economics at its finest.

Unknown · February 21, 2013 6:41AM

This content has been removed.

DeliaBug · February 21, 2013 6:49AM

<< 

<< I go the first mailing today on it and just from that sampling his coins make everybody elses look like cat poop. I don't think "normal" collectors will end up owning any of this stuff. >>

While admittedly I am in the dark about his collection, wouldn't it make sense that his stuff which has literally been off the market for 50+ years should be the very best ? After all he was around during the good ole days, he was collecting and in accounting there is a term called FIFO, or first in first out, he got it first and this is the first time it will be available for sale. I would expect nothing else but the finest known. Didn't TDN just buy a piece that has a mile long pedigree and is a spectacular off the charts coin....welll same here minus about 10 transactions/pedigrees

>>

There will be a lot of fresh and finest known material. And PCGS is going to make a fortune on crossover fees.

tradedollarnut · February 21, 2013 8:47AM

Do note that he won't always have the best of the best. For instance, he could have bought and kept the Cardinal 1794 dollar but found it too expensive at the time - so he kept a very nice AU. It seems to me that he was buying and selling and using the profits to retain as much as he could - so he kept coins that he felt represented the best value for the money.

ambro51 · February 21, 2013 8:54AM

I think just getting the complete catalog set and not marking it up etc would prove a great addition to any library as well as being a solid investment.

shorecoll · February 21, 2013 10:01AM

I think it's too early to tell if the catalogs will be a good investment. Ford cats went to $400 and have basically stayed there since the end of the sale. It will be interesting to see what happens when the heavily used ones fall apart. Don't get me wrong, I will definitely pick up a set or two.

NewEnglandRarities · February 21, 2013 10:36AM

From what I have seen and heard from colonial coin collectors who have viewed coins, his colonials are not anywhere near as complete as say Ford or even Craige, but the pieces that are in the collection are sensational. Most know about the Gold WA cent, but his state coppers and other colonial rarities (such as NY patterns) are in unbelievable, choice condition.

Should be very interesting, not only to see what company finally gets the colonial consignment, but also to venture guesses on the final price realized for some of these once in a lifetime rarities.

thisnamztaken · February 21, 2013 10:50AM

<< The neat thing is that EVERYONE will benefit by these coins being sold. Even if you can't afford a Newman coin, the buyer will most likely sell his current coin which will go to another buyer who will sell his current coin....etc.

Trickle down economics at its finest. >>

Excellent point. Maybe I'll have a shot at the fourth or fifth buyer down the line's duplicates.

jom · February 21, 2013 10:54AM

<< 

<< The neat thing is that EVERYONE will benefit by these coins being sold. Even if you can't afford a Newman coin, the buyer will most likely sell his current coin which will go to another buyer who will sell his current coin....etc.

Trickle down economics at its finest. >>

Excellent point. Maybe I'll have a shot at the fourth or fifth buyer down the line's duplicates.

>>

That's what what I was gonna say....5th generation "hand me downs". heh

So which auction house is doing this...and when? Anyone know yet?

jom

CoinRaritiesOnline · February 21, 2013 10:59AM

It remains to be seen what will be sold, and what will be kept for the museum.

Walkerguy21D · February 21, 2013 11:33AM

<< So which auction house is doing this...and when? Anyone know yet? >>

Heritage - at Central States - roughly 150+ lots.....dibs on the 1845 Proof set with the original presentation case

Coinosaurus · February 21, 2013 1:41PM

1792 coinage - copper half disme, copper dime, silver center cent. I'd be very surprised if those came out - to me they seem like "core" coins relating to his scholarship.

panther · February 21, 2013 10:48PM

Is this the same Eric Newman. It says He is 100 years old. Is he still with us?

Coinosaurus · February 21, 2013 11:27PM

One and the same. That is the ANS-issued silver plaquette by the way, for those who haven't seen it. A lovely piece.

STEWARTBLAYNUMIS · February 22, 2013 12:01AM

I know for certain he does not have a gem 1969 S DDO nor a 1958 double die Lincoln cent.

We can expect his coins to behold at least for the next three years.

Stewart

DAVEatHLRC · February 22, 2013 12:23AM

<< Is this the same Eric Newman. It says He is 100 years old. Is he still with us?

>>

Yes -- I believe he is currently 102 years old, or thereabouts.

What's in Eric Newman's collection?

Comments

Leave a Comment