Numismatic Guaranty Corporation® (NGC®) has certified more than
600 American Colonial and Pre-Federal coins, tokens and medals from
the outstanding collection of Eric P. Newman. Assembled over a
period of more than 90 years, the selections include a number of
extremely rare and high grade specimens that have not been seen
publicly for many decades.
Eric P. Newman, who will turn 103 in May, is one of the
greatest numismatic writers and researchers of all time and is
particularly well regarded for his contributions to the study of
Colonial coins and currency. His many works are reflected in the
range of his Colonial and Pre-Federal holdings, which present a
remarkably complete history of American coinage from 1616 to
"Eric P. Newman built a phenomenal working
collection of Colonial and Pre-Federal coins that
served as the basis for much of his research and
writing," says Mark Salzberg, chairman of NGC. "As a result, he
has assembled an incredibly diverse collection that
includes a number of amazing, high grade
These selections comprise part four of the extraordinary
Eric P. Newman Collection. The first three parts, which were also
certified by NGC, have shattered records and achieved nearly $34
million at auction.
The Eric P. Newman Collection Part IV is anchored by a
number of high grade examples of important rarities.
Among them is a pair of outstanding New England 'NE' coins, which
were struck in 1652 in Massachusetts and represent the
first coins minted in what would become the United
Newman's (1652) New England 'NE' sixpence is
truly spectacular. Graded NGC AU 58, it is the finest of
only eight known examples, three of which are in
museum collections. The (1652) New England 'NE' shilling
is also impressive with an NGC AU 55 grade, which ties this
incredible rarity with one other piece for the status of finest
The selections include two 1652-dated Willow Tree coins,
which were struck in Massachusetts following the New
England 'NE' coinage. Newman's Willow Tree sixpence,
graded NGC VF 25, is one of just 14 specimens known. His
Willow Tree shilling is also graded NGC VF 25.
Other early American Colonial pieces represented in Newman
Part IV are the Sommer Islands "Hogge Money," which
were struck circa 1616 in twopence, threepence,
sixpence and shilling denominations for the Sommer Islands, now
known as Bermuda. Remarkably, the Newman selections feature all
four denominations, including a sixpence in NGC AU 50 BN and a
shilling in NGC AU 55 BN.
Newman Part IV boasts five varieties of the rare Higley
threepence, which were struck in Connecticut by Samuel and John
Higley from 1737 to 1739. Among these pieces is a 1737 Three
Hammers 'CONNECTICVT' threepence graded
NGC AU 50 BN, considered to be the finest known of all extant
Among the most significant later issues is the 1776 'EG
FECIT' Continental Currency dollar in silver. Graded
NGC MS 63, it is the finest of only two known silver specimens and
is undoubtedly one of the most significant pieces in the Newman
Several important early United States patterns are in
Newman Part IV. The 1783 Nova Constellatio pattern 100
Units or "Bit" in the Newman Collection, graded NGC AU 55, is
unique with a plain edge. The Nova Constellatio
patterns are significant as the first official proposed coinage for
the United States and more broadly as the first attempt to create a
decimal coinage system.
The 1792 Judd-1 Pattern Silver-Center cent in NGC MS
63+ BN is the third-finest of only 14
specimens known. Newman Part IV also includes the rare 1792 Judd-10
Pattern disme (dime). The finest example certified by NGC, it is
graded NGC AU 55 BN.
While not an official pattern, the rare 1787 Immunis
Columbia is considered to be a private proposal for an early United
States coinage. The Newman example is pedigreed to the famed
Parmelee, Ten Eyck, Newcomer and Green collections. Overstruck on a
broad flan, it is graded NGC AU 55 BN.
Similarly, the 1787 George Clinton Excelsior pieces were
struck for a proposed coinage for New York State. Newman Part IV
includes an MS 63 BN example-an
astonishingly high grade for this very rare issue.
A handful of extremely rare, high grade 1786-1788
Connecticut coppers are among the Newman selections. The 1787
Figure Right Connecticut in NGC F 12 BN is the finest of only two
known examples of the Miller 1.4-WW variety. A 1786 Backwards 'D'
Connecticut copper, attributed as Miller 2.5-V and graded NGC VF30
BN, is believed to be unique.
Stuart Levine, himself a respected scholar of Colonial and
Pre-Federal coinage, serves as numismatic advisor to Eric P. Newman
Numismatic Education Society.
Selections from the Collection of Newman Part IV will be sold by
Heritage Auctions in New York May 16-17, 2014. The catalog,
including images and descriptions, will be posted on the Heritage
Auctions website (HA.com) in