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Lot 493 |
1796 50C 15 Stars, O-101, R.5 AU55 NGC....
2008 May Long Beach, CA Signature Auction #1108
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Bid Information
For your convenience, the bid information on this page automatically refreshes with the most up to date data so you don't have to refresh/reload this page.Minimum Next Bid
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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(Note: By law, consignors may still bid under certain conditions, but they are responsible for paying the full Buyer's Premium and Seller's Commission if they do.)
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Reserve Met:
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What's This?
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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: |
$149,500.00
(includes BP  ) Bid Source: Live: Floor bidder |
| Auction Ended On: | May 28, 2008 |
| Item Activity: |
6 Internet/mail/phone bidders
9,409 page views |
The Bank of the United States might well be considered the "parent" of the 1796-1797 half dollar. Mint records show that these coins were produced from silver ingots deposited by the Bank, that in turn received the following deliveries: 60 half dollars on February 28, 1797 per warrant 81, 874 pieces on March 21, 1797 under warrant 84, and 2,984 coins on May 26, 1797 per warrant 90. Had the Bank not made silver bullion deposits during this time, or had not requested that it receive half dollars in return, it is quite likely that there would have been no coinage of Draped Bust Small Eagle halves!
This Choice AU specimen nicely displays the diagnostic die crack that extends from the edge at 5 o'clock to Liberty's bust, where it turns right through the drapery and connects stars 15, 14, and 13 before returning to the rim at about 3 o'clock. This crack is visible on nearly all known examples of the 15 Stars variety of the 1796 half dollar. A semi-circular crack also travels from below the lowest neck curl into the drapery where it connects, in the middle fold, to a horizontal crack that is actually a part of the previously mentioned one that extends through the drapery to star 15. This latter series of cracks is visible only on lightly worn or Uncirculated examples of the 1796 15 Stars half.
Underlying brilliance shows through the soft champagne-gold patina covering the central areas that are imbued with whispers of powder-blue and lilac, framed by slightly deeper hues of sky-blue and golden-tan at the margins. An impressive strike brings out strong delineation on the design elements, including excellent detail in Liberty's drapery and most of the hair. The eagle's wing feathers are virtually complete, while the usual softness is seen on the torso and legs. Bold dentilation occurs on both sides, each of which displays nicely-centered design features. Light adjustment marks are visible in portions of the obverse fields, and heavier ones are located in the hair at and below the ear. The latter have a slight upper right to lower left alignment that might help in identifying the coin. A couple of small contact marks between star 5 and the flowing ribbons, a couple more under the chin, and another to the lower left of the left (facing) wing may also serve as pedigree markers. A shallow curved scratch concealed in Liberty's upper hair and a straighter one extending from left of star 13 to above the left (facing) breast are mentioned for complete accuracy.
This is a tremendous opportunity for the Draped Bust Small Eagle half dollar aficionado to add a high-grade piece of Americana to her/his type set, or even to a date/variety collection of early halves. (#6057)
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Service and Handling Description: Coins & Currency (view shipping information)
Sales Tax information | NGC Coin Grading Guarantee | Terms and Conditions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 267, Lot 6090 | Wednesday, August 8, 2001 | 55 | PCGS | $50,600.00 |
| 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.| Grade | Coin World (Coin Values) |
Numismedia Retail |
Numismedia Wholesale |
Numismedia NGC (nmn) |
Numismedia PCGS (nmp) |
PCGS Price Guide |
PCGS+ |
|---|---|---|---|---|---|---|---|
| 53 | --- | $181,250 | $145,000 | $137,500 | $137,500 | $175,000 | $182,500 |
| 55 | $150,000 | $190,630 | $152,500 | $140,000 | $140,000 | $210,000 | $220,000 |
| 58 | --- | $228,130 | $182,500 | $162,500 | $167,500 | $245,000 | $255,000 |
| *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. | |||||||
| Service | Grade | Population in this Grade | Population of Higher Grade | Population in All Grades | + | Mintage | Engraver |
|---|---|---|---|---|---|---|---|
| PCGS | Not available from PCGS | 3,918 | Robert Scot | ||||
| NGC | 55 | 0 | 5 | 18 | - | ||
| CAC | 55 | 0 | 0 | 4 | - | ||
| *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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