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Lot 1826 |
(1659) 4PENCE Lord Baltimore Fourpence MS62 NGC....
2008 May Long Beach, CA Signature Auction #1108
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Bid Information
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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!
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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: |
$63,250.00
(includes BP  ) Bid Source: Live: Phone |
| Auction Ended On: | May 29, 2008 |
| Item Activity: |
9 Internet/mail/phone bidders
5,310 page views |
Description:
Very Rare Lord Baltimore Fourpence
MS62, Single Finest Certified
(1659) 4PENCE Lord Baltimore Fourpence MS62 NGC. Ex: Wayte Raymond Plate. Breen-74. Large Bust and Shield. There are two different varieties of the Maryland Groat currently known, with either a large bust or a small bust as cataloged by Breen. The actual size of the bust is not that much different on either variety, but is different in relation to the lettering. This large bust variety, which is the more common, has the bottom curve of the bust nearly touching the lettering below. Most examples of this variety currently known are in low grades. Just two examples of the other variety with the bust distant from the lettering are currently known, according to Breen in his Complete Encyclopedia. We are currently aware of only three other comparable examples, from the Eliasberg, Garrett, and Roper collections. The comprehensive collection of John J. Ford, Jr., currently be auctioned by Stack's, did not include an example of this denomination.Not only is this remarkable example important because of its condition, but also because it is fully double struck, with evidence clearly visible on both sides. The first strike was several degrees off center, and rotated with respect to the second strike. We cannot be certain whether this is the finest known Maryland Groat or not, but it is certainly well in the Condition Census. It is also important as the Wayte Raymond Plate Coin, per the NGC holder. This is undoubtedly a reference to Raymond's Standard Catalog, the chief competitor of the Guide Book for its first decade of life. The surfaces are smooth and satiny with rich grayish-silver color accented by peripheral iridescent toning.
Cecil Calvert had his coins made in London sometime in 1659, and transported them to Maryland at the time they were produced. Different sources have placed the actual time of minting between 1658 and 1660. Older records suggest that his subsequent arrest was due to the appearance of his portrait on the coins, but it is now understood that his arrest was actually due to the production and exportation of his own coinage from Europe to colonial America. Listed on page 38 of the 2008 Guide Book.
From The Liberty Collection of American Colonial Coinage, Part Three. (#32)
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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 388, Lot 2001 | Saturday, November 5, 2005 | 62 | NGC | $40,250.00 |
| 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+ |
|---|---|---|---|---|---|---|---|
| 61 | --- | --- | --- | --- | --- | $50,000 | --- |
| 62 | --- | --- | --- | --- | --- | $65,000 | --- |
| 63 | --- | --- | --- | --- | --- | --- | --- |
| *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 | |||||
| NGC | 62 | 1 | 0 | 2 | - | ||
| CAC | - | - | - | 0 | - | ||
| *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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