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V25 2022 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 25, Number 42, October 16, 2022, Article 23

COLTRANE ESTATE COLONIAL AND EARLY U.S. COINS

Heritage is offering Colonial and Early U.S. Coins from the Mike Coltrane Estate. Here are some highlights in an article submitted by Maureen Levine and Bruce Hagen. Thanks. -Editor

  The Estate of Mike Coltrane Collection of U.S. Coins
Unreserved November Signature Sale

On November 2, 2022, Heritage Auctions will offer Mike Coltrane's U.S. coin collection at an unreserved Signature Sale. Mike enjoyed a variety of numismatic pursuits including currency (to be sold in a Showcase auction on October 30), coins, and related financial documents. He was a student of history, always seeking to learn something new as his boyhood hobby progressed into an avocation. His interests encompassed Colonial issues, Federal coppers, and early half cents, as well as early, branch mint, and Territorial gold. Mike was a lifelong resident of Concord, North Carolina, and included Charlotte Mint gold bullion deposit records and other related documents in his collection; they are also being offered in this sale. Mike was committed to his hometown and was generous with both his time and money. Proceeds from this auction will be donated to charity, through the Foundation for the Carolinas, to assist individuals in need as well as for community betterment.

Some notable lots are listed below:

  1788 CONNCT Connecticut Copper, Mailed Bust Right obverse 1788 CONNCT Connecticut Copper, Mailed Bust Right reverse

1788 CONNCT Connecticut Copper, Mailed Bust Right, M. 3-B.1, W-4410, High R.5, MS64 Brown NGC. Lot 3025.

This is the finest known Miller 3-B.1. As on most examples of this variety, the Nova Constellatio undertype is visible on the obverse effigy's portrait. Only the AU Robert Martin coin is close to the quality of this remarkable piece.

To read the complete lot description, see:
1788 CONNCT Connecticut Copper, Mailed Bust Right, M. 3-B.1, W-4410, High R.5, MS64 Brown NGC.... (https://coins.ha.com/itm/colonials/1788-connct-connecticut-copper-mailed-bust-right-m-3-b1-w-4410-high-r5-ms64-brown-ngc-pcgs-687249-/a/1350-3025.s)

  1788 CONNCT Connecticut Copper, Mailed Bust Left obverse 1788 CONNCT Connecticut Copper, Mailed Bust Left reverse

1788 CONNCT Connecticut Copper, Mailed Bust Left, M. 12.2-C, W-4525, R.5, MS62 Brown NGC. Lot 3031.

The illustrious provenance of this beautiful copper commences with Sylvester Sage Crosby, who used it for his plate coin. A stunning example—also struck over a Nova Constellatio—with traces of faded mint red, lustrous surfaces, and chestnut-brown color.

To read the complete lot description, see:
1788 CONNCT Connecticut Copper, Mailed Bust Left, M. 12.2-C, W-4525, R.5, MS62 Brown NGC.... (https://coins.ha.com/itm/colonials/1788-connct-connecticut-copper-mailed-bust-left-m-122-c-w-4525-r5-ms62-brown-ngc/a/1350-3031.s)

  1786 New Jersey Copper, Bridle, Wide Shield obverse 1786 New Jersey Copper, Bridle, Wide Shield reverse

1786 New Jersey Copper, Bridle, Wide Shield, M. 18-M, W-4890, R.2, MS66 Red and Brown NGC. 3033.

A breathtaking coin whose eye appeal is difficult to overstate. Wholesome in appearance, elegant in design, and exhibiting blazing mint red, this is the single finest New Jersey copper. The present auction is only the third time in a century that this piece has been offered publicly.

I'd seen this piece in an earlier Heritage mailing and thought, "Holy Crap!" - an amazing condition piece. Wow. -Editor

To read the complete lot description, see:
1786 New Jersey Copper, Bridle, Wide Shield, M. 18-M, W-4890, R.2, MS66 Red and Brown NGC.... (https://coins.ha.com/itm/colonials/1786-new-jersey-copper-bridle-wide-shield-m-18-m-w-4890-r2-ms66-red-and-brown-ngc/a/1350-3033.s)

  1794 Half Cent obverse 1794 Half Cent reverse

1794 1/2 C High Relief Head, C-9, B-9, R.2, MS64 Red and Brown NGC. CAC. 3041.

Substantial mint red remains on the flawless light brown surfaces of this lovely high-condition census example. Recent research has determined this coin has a continuous provenance back to the time of its striking.

To read the complete lot description, see:
1794 1/2 C High Relief Head, C-9, B-9, R.2, MS64 Red and Brown NGC. CAC.... (https://coins.ha.com/itm/half-cents/1794-1-2-c-high-relief-head-c-9-b-9-r2-ms64-red-and-brown-ngc-cac/a/1350-3041.s)

  1861-D gold dollarf obverse 1861-D gold dollarf reverse

1861-D G$1 AU50 PCGS. Gold CAC. Variety 12-Q. 3059.

The circumstances of the 1861-D gold dollar's production under Confederate authority, presumably scant mintage, and modern-day rarity make it the most sought-after gold dollar of any date and mint, with perhaps the sole exception of the 1849-C Open Wreath, which is essentially uncollectible. Housed in a first-generation PCGS holder graded AU50 with a gold CAC sticker.

To read the complete lot description, see:
1861-D G$1 AU50 PCGS. Gold CAC. Variety 12-Q.... (https://coins.ha.com/itm/gold-dollars/1861-d-g-1-au50-pcgs-gold-cac-variety-12-q/a/1350-3059.s)

  1800 Eagle obverse 1800 Eagle reverse

1800 $10 BD-1, High R.3, AU58 NGC. CAC. 3081.

The aesthetics of this piece surpass those of many Uncirculated coins that we have seen. A lustrous and fully original eagle.

To read the complete lot description, see:
1800 $10 BD-1, High R.3, AU58 NGC. CAC.... (https://coins.ha.com/itm/early-eagles/eagles/1800-10-bd-1-high-r3-au58-ngc-cac/a/1350-3081.s)

This exciting collection will be auctioned on Wednesday, November 2, 2022, starting at 6:00 PM Central Time (7:00 P.M. Eastern). Lot viewing is available by appointment at Heritage's Office in Dallas. Please contact Client Services at 214-409-1150. Additionally, most or all of the 86 Coltrane lots will be on display at Heritage Auction's table at the Baltimore Convention Center during the Baltimore Winter Expo, October 27-29, 2022. All lots are currently on view and open for bidding at ha.com/1350.

THE BOOK BAZARRE

NOW IN ITS SEVENTH EDITION, debuting December 2022, Q. David Bowers's Guide Book of Morgan Silver Dollars is updated with a thorough market analysis for each date and mint, coin values in multiple grades, certification data, more and larger illustrations, new image galleries, updated appendices, and more. Expanded to 336 pages. Order your copy online at Whitman.com , or call 1-800-546-2995.



Wayne Homren, Editor

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To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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