Dot Cent Brings $248,750 at Heritage Sale|
April 26, 2013
This article was originally printed in Numismatic News.
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A dot cent from Canada once owned by Chester L. Krause, founder of Numismatic News, highlighted an auction of world and ancient coins conducted April 18-23 at the Chicago International Coin Fair and online.
The King George V 1936 dot cent brought $248,750. It is one of just three known and grades MS-63 Red, according to the Professional Coin Grading Service. It was also formerly a part of the John Jay Pittman Collection.
This is the most famous of the three known dot cents, because it had been stolen from the Pittman home in 1964 and later returned (with scratches in the right obverse field) in an envelope with other coins.
Overall, the Heritage Auction realized $10.43 million.
Prices here include a 17.5 percent buyer’s fee.
Another sale highlight was a Queen Victoria British gold proof Una & Lion £5 coin dated 1839. It brought $105,750.
Spotlighted in the Russian section was a Czar Nicholas I platinum 12 rubles of 1835 that sold for $95,000. It was graded AU-55 by Numismatic Guaranty Corporation.
The auction’s cornerstone collection was the RLM Collection of Brazilian gold. Featuring 131 gold coins from Portugal’s richest colonial territory, the collection’s top lot was a 1729 Joao V gold 12800 reis of the Second Shield Type called AU Details by NGC. It sold for $64,625. Visit www.HA.com for more results.
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