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Lot 1944 |
1787 COPPER New York Excelsior Copper, Eagle Left AU55 PCGS....
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: |
$29,900.00
(includes BP  ) Bid Source: Live: Floor |
| Auction Ended On: | May 29, 2008 |
| Item Activity: |
12 Internet/mail/phone bidders
2,788 page views |
Description:
Important Choice AU 1787 Excelsior Copper
New York Arms, Eagle on Globe Left, Eagle Reverse
1787 COPPER New York Excelsior Copper, Eagle Left AU55 PCGS. Breen-980. The eagle on the globe faces left, while the large eagle on the reverse gazes right. Students of Early American numismatists can promptly name many similarities that the Excelsior coppers share with the legendary Brasher doubloons. Both issues are dated 1787. Designs for both have a similar eagle motif on the reverse, although the eagle faces left on the Brashers, and the arrows are less tightly grouped. EXCELSIOR appears on the obverse exergue of both series, and the obverse shield of the coppers displays a reduced scale rendition of the Brasher obverse sun and mountains design. Both issues are credited to engraver John Bailey.All varieties of Excelsior coppers are very rare to extremely rare. By the standards of the series, Breen-980 is collectible. The variety with the eagle on globe facing right is slightly more rare, while varieties that feature an Indian, George Clinton, or transposed arrows and branches are so rare that they are mostly known from Guide Book photographs. This chocolate-brown example displays light central wear, and is smooth aside from a small dark dig on the eagle's shield. It is the single finest certified by PCGS (3/08), and none have been certified by NGC. Listed on page 62 of the 2008 Guide Book.
Ex: Benson Collection Part II (Ira and Larry Goldberg, 2/02), lot 12, which realized $24,150; FUN Signature (Heritage, 1/2007), lot 736, which realized $34,500.
From The Liberty Collection of American Colonial Coinage, Part Three. (#427)
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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 1151, Lot 5403 | Sunday, January 9, 2011 | 55 | PCGS | $34,500.00 |
| Auction 422, Lot 736 | Saturday, January 6, 2007 | 55 | PCGS | $34,500.00 |
| 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+ |
|---|---|---|---|---|---|---|---|
| 53 | --- | --- | --- | --- | --- | $32,500 | $33,000 |
| 55 | --- | --- | --- | --- | --- | $35,000 | --- |
| 58 | --- | --- | --- | --- | --- | --- | --- |
| *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 | 55 | 0 | 0 | 0 | - | ||
| 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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