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Lot 719 |
1845 50C PR64 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
This number represents the number of individual bidders prior to the close of Internet bidding on each lot. An individual who bids more than once is still counted only once. During the live session, only the winning bidder is included in this number, although detailed records are kept of all forms of bids.Status
Reserve (If Any) Not Posted Yet:
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Consignor Has Not Yet Submitted a Reserve:
Although the consignor's agreement allows a reserve on this lot, the deadline for submitting such a reserve has elapsed. If consignor submits a reserve post-deadline and the item fails to meet that reserve, we may charge the consignor a higher reserve fee.
No Reserve:
This lot is being sold without a consignor reserve.
(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.)
Reserve Not Met:
A reserve has been posted on this lot, but no bids have met the reserve. The current bid has been set to the reserve amount, and the next bid will meet the reserve.
Reserve Met:
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.
Minimum Bid:
Lots bearing bidding estimates shall open at Auctioneer's discretion (approximately 25% to 60% of the low estimate).
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: |
$57,500.00
(includes BP  ) Bid Source: Live: Floor |
| Auction Ended On: | May 28, 2008 |
| Item Activity: |
9 Internet/mail/phone bidders
5,699 page views |
Description:
Magnificent 1845 Half Dollar, PR64
1845 50C PR64 NGC. The 1845 proof half dollar is one of the more significant rarities in American numismatics. A sparse four coins have been certified by NGC and PCGS. NGC has seen a PR66 and two PR64's, one of which we describe below. The PCGS example is a PR63.Discussing the 1845 half dollar in their Complete Guide to Liberty Seated Half Dollars, Randy Wiley and Bill Bugert say that less than six proofs are known. Walter Breen, in his Proof Encyclopedia, cites three separate 1845 proof half dollar appearances, and goes on to say: "Two others seen, so badly cleaned as to render their original proof status dubious."
As part of his cataloging for the May 1998 John Jay Pittman sale, David Akers writes:
"The 1845 Half Dollar in Proof is one of the great Liberty Seated Proof rarities of the 1840's. It is the rarest silver denomination of this year and it is also one of the two rarest Proof Half dollars of the decade along with the 1840. All 1845 silver denominations, except the Silver Dollar, were struck in Proof only for inclusion in the 10-15 Proof sets issued that year. I have been able to confirm the existence of only four distinct examples of the Half Dollar but, of course, it is always possible that one or more additional specimens exist."
Our research adds one more known 1845 proof half dollar, illustrated in the following roster:
1. PR66 NGC. James Kelly (1946); John Jay Pittman (David Akers, 5/1998), lot 1711, as part of a complete 1845 proof set; 2008 FUN Sale (Heritage, 1/2008), lot 3031.
2. PR64 NGC. The present coin. Stack's (3/1965), lot 447; Superior Galleries (10/1990), lot 3662. Possibly earlier from the World's Greatest Collection (Numismatic Gallery, 4/1945), lot 273.
3. PR63 PCGS. Louis E. Eliasberg, Sr.; Eliasberg Estate (Bowers and Merena, 4/1997), lot 1929; Phil Kaufman; Bowers and Merena (1/1999), lot 1142; Richmond Collection (David Lawrence, 3/2005), lot 1789; American Numismatic Rarities (6/2006), lot 1487.
4. Proof. New England (7/1978)
5. Proof. Smithsonian Institution.
Additional Appearances
A. Proof. RARCOA (1/1973), lot 872
A delicate blend of steel-blue and beige-gold patination concentrates in the fields of this near-Gem specimen, accentuating the silvery central devices, irrespective of the angle from which the coin is viewed. Moreover, an attentive strike results in sharp definition on the mildly frosted design elements, further heightening the field-motif contrast. Three or four inoffensive contact marks above the eagle's neck and right (facing) wing might aid in the coin's identification for future catalogers and researchers, and some unobtrusive, localized hairlines in the fields just barely prevent Gem classification. All in all, a truly magnificent and possibly conservatively graded piece.
Ex: October 1990 Sale (Superior, 10/1990), lot 3662.
From The Silbermünzen Collection. (#6389)
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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 454, Lot 2889 | Saturday, January 12, 2008 | 64 | NGC | $43,125.00 |
| 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 | --- | --- | --- | --- | --- | $30,000 | $36,000 |
| 64 | --- | --- | --- | --- | --- | $60,000 | --- |
| 65 | --- | --- | --- | --- | --- | --- | --- |
| *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 | Christian Gobrecht | ||||
| NGC | 64 | 1 | 1 | 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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