:
|
Lot 2104 |
1801 $10 MS64 PCGS....
2008 June West Palm Beach, FL (Summer FUN) Signature Coin Auction #1110
|
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:
Although many lots will not get reserves, this signifies that we have not yet posted any reserves to this entire auction. Reserves are usually posted approximately 3 days prior to the closing for Internet-only auctions, and approximately 7 days prior to the live session for Signature auctions. At that point, any unmet Reserve will become both the price shown (with an asterisk) and the Minimum Next Bid, regardless of any previous bids.
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?
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.
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: |
$126,500.00
(includes BP  ) Bid Source: HA.com/Live |
| Auction Ended On: | Jun 27, 2008 |
| Item Activity: |
8 Internet/mail/phone bidders
2,072 page views |
Description:
Breathtaking Near-Gem 1801 Eagle, BD-2
1801 $10 MS64 PCGS. Breen-6843, Taraszka-25, BD-2, R.2. The year was 1801. Thomas Jefferson was elected as our third president, the United States had meagerly grown to 16 states and we were at war with Tripoli. Meanwhile, our fledgling first Mint in Philadelphia was struggling for survival. David Lange elaborates in his History of the United States Mint and Its Coinage: "The late 1700s and early 1800s were the United States Mint's darkest days, and it seemed that the end was near. Declaring the Mint a failure, many in Congress wanted to abolish it." He goes on to add that, "in 1801, bullion deposits dropped off dramatically, and the Mint again was threatened with extinction. Only the previous year, the Senate had passed a resolution that called for abolishing the U.S. Mint and placing a contract for coining with the Bank of the United States. The lack of federal coinage was blamed on inefficiency and incompetence, while the real reasons were little understood by Congress." Amidst the economic and political turmoil of the time, Mint Director Elias Boudinot managed to keep the coining presses in motion. Over one million cents were struck, with mintages of the half dimes, dimes, half dollars, and dollars reaching into the tens of thousands of coins each. Interestingly, the only 1801-dated denomination struck in gold was that of the eagle. The recorded mintage of 44,343 tens in 1801 likely included some coins dated 1800 and, as suggested by noted collector and early gold researcher Harry W. Bass, Jr., some pieces dated 1799 as well. Nonetheless, the 1801 eagle is one of the more available issues in the Capped Bust ten dollar series.The high estimate of the 1801 eagle extant population is approximately 800; a figure that most specialists agree upon. That would suggest a survivor rate of approximately 2%, which is consistent with other coins minted in the early years of our first Mint. Only the 1799 is more readily available in all grades, making either date the usual choice for type collectors. Those seeking Gem examples, however, will require much patience as PCGS and NGC combined have graded only four 1801 tens at the MS65 level. Even near-Gems, such as the current offering, are scarce with a mere 34 examples thus certified at PCGS (5/08).
This is a spectacular piece. The fields are bright with a confirmed reflectivity on each side. The central design elements are fully brought up and the only area of softness is on the peripheral stars on the obverse. Bright yellow-gold color. A magnificent early ten and a rare opportunity for the gold type collector.
From The Charleston Collection.(Registry values: P1) (#8564)
View Entire Collection
View large image(s) of this item
Shipping Description: Coins & Currency (view shipping information)
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 394, Lot 3530 | Saturday, January 7, 2006 | 64 | PCGS | $115,000.00 |
| Auction 360, Lot 30055 | Saturday, January 15, 2005 | 64 | PCGS | $126,500.00 |
| Auction 1166, Lot 4968 | Sunday, January 8, 2012 | 64 | NGC | $106,375.00 |
| Auction 1121, Lot 4109 | Sunday, January 11, 2009 | 64 | NGC | $86,250.00 |
| Auction 454, Lot 3256 | Saturday, January 12, 2008 | 64 | NGC | $86,250.00 |
| View prices realized from this item in other grades (you must be signed in) | ||||
|
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.
|
||||
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 | $60,000 | $64,350 | $49,500 | $45,000 | $45,500 | $67,500 | $82,500 |
| 64 | $115,000 | $136,500 | $105,000 | $96,500 | $96,500 | $160,000 | $185,000 |
| 65 | --- | $260,000 | $200,000 | $180,000 | $185,000 | $275,000 | --- |
| *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. | |||||||
Population Guide
| Service | Grade | Population in this Grade | Population of Higher Grade | Population in All Grades | + | Mintage | Engraver |
|---|---|---|---|---|---|---|---|
| PCGS | Not available from PCGS | 44,344 | Robert Scot | ||||
| NGC | 64 | 27 | 2 | 400 | - | ||
| CAC | 64 | 5 | 0 | 55 | - | ||
| *This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions. | |||||||
Find Auction Prices for Comparable Items:
Photographs:
![](javascript:popUpBigPic("/common/view_image_only.php?img=" + encodeURIComponent("http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f3%2f9%2f2%2f1%2f3921595.jpg%5d%2ccontinueonerror%5btrue%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d"));)
![](javascript:popUpBigPic("/common/view_image_only.php?img=" + encodeURIComponent("http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f3%2f9%2f2%2f1%2f3921623.jpg%5d%2ccontinueonerror%5btrue%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d"));)
![](javascript:popUpBigPic("/common/view_image_only.php?img=" + encodeURIComponent("http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f3%2f9%2f3%2f9%2f3939219.jpg%5d%2ccontinueonerror%5btrue%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d"));)
![](javascript:popUpBigPic("/common/view_image_only.php?img=" + encodeURIComponent("http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f3%2f9%2f3%2f9%2f3939223.jpg%5d%2ccontinueonerror%5btrue%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d"));)
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.
Company Info
Help
3500 Maple Avenue, 17th Floor
Dallas, Texas 75219-3941
1-800-872-6467 / (214) 528-3500 / Fax: (214) 409-1425
Plan a Visit to Heritage
Copyright © 1999-2012 Heritage Auctions, Inc. | All Rights Reserved
