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Lot 1059 |
1922 No D 1C Strong Reverse MS64 Red and Brown NGC....
2008 May Long Beach, CA Signature Auction #1108
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Bid Information
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Bid increments determine the lowest amount you may bid on a particular lot. Normally, bids must be at least one bidding increment over the Current Bid. However, podium, fax, phone and mail bidders submit bids at various times without knowing the current bid and must be on-increment or at a half increment (called a Cut Bid). Any podium, fax, phone, or mail bids that do not conform to a full or half increment will be rounded up or down to the nearest full or half increment.Internet bids are required only to bid the increment past the Current Bid, or more. Internet bids greater than one increment over the Current Bid can be any whole dollar amount.
It is possible under several circumstances for winning bids to be between increments. It is also possible for an existing bid to be outbid by less than a full increment, sometimes by only $1. This usually happens when two bidders feel that a lot is worth about the same amount, but one places an off-increment bid. Generally when this happens, the Current Bid was much lower than the high secret maximum bid when the off-increment bidder placed his bid.
For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
Number of Bidders
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Consignor Has Not Yet Submitted a Reserve:
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No Reserve:
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Reserve Not Met:
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Reserve Met:
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What's This?
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What's This?
The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.
This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
Heritage retains 10% of the total price as its commission (compared with a 12%-25% Buyer's Premium charged on auction transactions), from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties. Because no Buyer's Premium is charged on Make Offer to Owner transactions, auction consignment discount coupons are invalid.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
BP - Buyer's Premium
A Buyer's Premium will be added to each successful bid. For this sale: 15% of the successful bid (minimum $9) per lot. Please see #2 in our Terms & Conditions.Not Sold
This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.Opening Bid
The opening bid is the minimum amount required to begin bidding, and is generally a percentage of the low estimate.
| Sold for: |
$74,750.00
(includes BP  ) Bid Source: Internet |
| Auction Ended On: | May 29, 2008 |
| Item Activity: |
6 Internet/mail/phone bidders
8,225 page views |
Description:
Impressive 1922 No D Strong Reverse Cent, MS64 Red and Brown
1922 No D 1C Strong Reverse MS64 Red and Brown NGC. An amazing example of the popular 1922 No D cent with the strong reverse. Multiple die varieties have been described as 1922 No D cents in recent times, including by the various grading services. Only examples like the present piece, from the Strong Reverse die pair, also known as Die Pair 2, are the true No D cents. Years ago, all others were called 1922 Weak D cents, and carried little premium.The interest in this variety is a result of the 1922 cent production occurring only at the Denver Mint. Had additional pieces been coined in Philadelphia in 1922, the variety would never have been recognized. David Lange writes in The Complete Guide to Lincoln Cents: "The significance and great value attached to the 1922 cent without mintmark D is based entirely on the curious coincidence of no cents being coined at the Philadelphia Mint during 1922. There's no telling how many other times that cents were issued from the branch mints without a visible mintmark; such pieces are automatically branded as P-Mint coins, though the generally poor state of the dies would be a clue to their real status."
Over the years, and even until quite recently, there has been some difference of opinion regarding the importance of this variety. While it is known today that the No D was the result of dressing or lapping a clash marked obverse die, in the process removing all signs of the mintmark. The old reverse die was discarded, and replaced with a new die. In 1945, an article in The Numismatist explained the variety as a simple weak strike, and as recently as 2005, one explanation was that they were produced from grease filled dies.
This amazing cent is fully and completely lustrous with nearly full red mint frost that is just beginning to show evidence of pale lilac and blue toning on the highpoints and in the fields. A realistic estimate seems to be about 70% original red color.(Registry values: P2) (#3286)
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Shipping Description: Coins & Currency (view shipping information)
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1140, Lot 134 | Sunday, June 6, 2010 | 64 | NGC | $37,375.00 |
| Auction 1138, Lot 276 | Sunday, March 28, 2010 | 64 | NGC | $40,250.00 |
| Auction 372, Lot 5340 | Saturday, May 7, 2005 | 64 | PCGS | $59,800.00 |
| Auction 280, Lot 5703 | Saturday, January 12, 2002 | 64 | PCGS | $38,525.00 |
| View prices realized from this item in other grades (you must be signed in) | ||||
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PLEASE NOTE:
All prices realized reflect the final hammer price PLUS the buyer's premium
in auctions that charge a buyer's premium.
Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium.
All information listed is intended to be as accurate as possible, but errors are possible.
Please use this guide carefully and inform us of any inaccuracies.
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BP - Buyer's Premium
A "Buyer's Premium" is charged in addition to the successful bid according to the rate defined in our terms and conditions.Price Guide*
| Grade | Coin World (Coin Values) |
Numismedia Retail |
Numismedia Wholesale |
Numismedia NGC (nmn) |
Numismedia PCGS (nmp) |
PCGS Price Guide |
PCGS+ |
|---|---|---|---|---|---|---|---|
| 63 | --- | $33,750 | $27,000 | $24,250 | $24,750 | $35,000 | $40,000 |
| 64 | --- | $56,880 | $45,500 | $41,000 | $41,500 | $60,000 | $68,000 |
| 65 | --- | $94,250 | $72,500 | $65,000 | $66,500 | $100,000 | --- |
| *All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information. | |||||||
Population Guide
| Service | Grade | Population in this Grade | Population of Higher Grade | Population in All Grades | + | Mintage | Engraver |
|---|---|---|---|---|---|---|---|
| PCGS | Not available from PCGS | 0 | Victor D. Brenner | ||||
| NGC | 64 | 0 | 0 | 0 | - | ||
| CAC | 64 | 1 | 0 | 2 | - | ||
| *This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions. | |||||||
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We changed the way we image slabbed coins on February 1, 2010, in order to get a more accurate image of the coin. To get the sharper details and more accurate colors we have focused the lighting on the actual coin, which has caused the top of the holders to appear darker and milky. Please disregard the color of the holders when examining the images.
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