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Lot 2842 |
1854 Gold, Quartz, Wood Presentation Cane....
2008 May Long Beach, CA Signature Auction #1108
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Bid Information
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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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Consignor Has Not Yet Submitted a Reserve:
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No Reserve:
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Reserve Met:
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What's This?
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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.
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: |
$17,250.00
(includes BP ) Bid Source: Live: Floor bidder |
| Auction Ended On: | May 30, 2008 |
| Item Activity: |
10 Internet/mail/phone bidders
1,871 page views |
San Francisco Mint Superintendent Lewis Birdsall
Presented to/Dr. L.A. Birdsall/Sup't U.S.B. Mint
By his friends/Wm M Lee/John Knox
HH Lawrence/George J Lee
Dec. 25th 1854
The lure of riches attracted vast quantities of prospectors, ne'er-do-wells, hangers-on, merchants, gamblers, miners, and 49ers to the rich California gold fields in 1849-50. The supply of circulating coinage was scarce, and the privately struck coins that did exist were typically underweight, if not drastically so, and met with widespread public distrust. The cost and danger of transporting gold to Philadelphia for coinage made it prohibitive.
On July 8, 1852, President Millard Fillmore signed an act authorizing a branch mint in California. Within a short time, Treasury Secretary Thomas Corwin chose San Francisco as the site. Despite numerous delays, setbacks, and governmental red tape, the San Francisco Mint struck its first coin, a proof double eagle, on April 3, 1854.
Dr. Lewis A. Birdsall (sometimes listed as "Robert Aiken Birdsall"), a native of Penn Yan, New York, was the first superintendent of the new branch mint, and he was undoubtedly present at the first striking of that proof 1854-S double eagle, which he presented to Mint Director James Ross Snowden. That coin is now in the National Numismatic Collection of the Smithsonian Institution.
Henry Hathaway Lawrence, also originally from Penn Yan (and thus a likely acquaintance of Birdsall's "back East"), arrived in California on June 16, 1849, aboard the bark Equator. After the Mint opened in 1854, Birdsall appointed Lawrence "conductor" (a combination doorman-receptionist-escort). He shortly afterward was promoted to the Assay Department. From July 1869-January 1871 he worked privately as an assayer for local San Francisco private assayers before returning to the Mint. In 1865 he was appointed assistant assayer, and he was named chief assayer on July 1, 1889, by President William Henry Harrison. In toto, Harrison spent about 40 years of his life working at the San Francisco Mint.
A John Jay Knox listed in Pete Smith's American Numismatic Biographies was born in Augusta, New York, in 1828. He held various banking positions in New York and Virginia and was a clerk for the U.S. Treasury Department from 1862-65, later writing a reference on U.S. paper money. We are unable to conclusively say if this gentleman is the John Knox who signed above, nor are we able to determine the identities of the two gentlemen surnamed Lee.
One can conjecture that the presentation of this wonderful cane to the superintendent of the first Western branch mint, at Christmastime after its first eight months of operation, was likely accompanied by dinner, cigars, brandy, and mutual gifts from Birdsall in return to his friends, a harbinger of long and mutually profitable associations. We simply cannot imagine another memento--outside of museum collections--of the first year of the San Francisco Mint that offers more charisma and historical importance than this piece. (#661000)
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