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Lot 1887 |
1883 25C PR68 Cameo NGC. CAC....
2008 September Long Beach, CA US Coin Signature Auction #1116
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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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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:
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What's This?
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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: |
$27,600.00
(includes BP  ) Bid Source: HA.com/Live bidder |
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| Make Offer: |
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| Auction Ended On: | Sep 18, 2008 | |
| Item Activity: |
6 Internet/mail/phone bidders
1,978 page views |
Description:
Magnificent 1883 Quarter, PR68 Cameo
1883 25C PR68 Cameo NGC. CAC. Business strike mintage of quarters in 1883 was a minuscule 14,400 pieces. Treasury vaults were bursting with hoards of minor silver coins that had returned to the United States from offshore havens where they had been secreted during the Civil War. The unexpected influx of those minor coins, together with large mintages during the 1870s, completely satisfied public demand for the coins in everyday commerce. Treasury Secretary John Sherman, in accordance with the Mint Act of 1873, halted production of minor coinage early in 1878. For the next decade, the Mint adhered to a policy of small mintages of quarters and half dollars. All available resources were concentrated on production of Morgan silver dollars.Fortunately, numismatic demand for quarters and half dollars continued unabated, and the Mint produced proof coins in numbers large enough to satisfy collector demand. The result of this policy was a mintage of 1,039 proof quarters in 1883. Only one die combination was needed to produce the entire mintage. In 1991 Seated quarter specialist Larry Briggs detected the remains of a blundered date in the 1883 obverse proof die. The tops of the numerals 83 can be seen in the dentils below 88 in the date. This is an important distinction; business strikes use the same reverse die, and early strikes have prooflike surfaces that can be mistaken for genuine proofs.
The present coin is a magnificent example of this scarce issue. Brightly reflective fields show through delicate shades of green toning, with an accent of cerulean blue at the rims. The strike is impeccable on both sides, with sharp cameo contrast between the field and devices. Virtually perfect surfaces complement the beautiful toning to yield outstanding eye appeal. A great prize for the Seated Liberty Seated specialist.(Registry values: P1) (#85584)
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Service and Handling Description: Coins & Currency (view shipping information)
Sales Tax information | NGC Coin Grading Guarantee | Terms and Conditions
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1143, Lot 3117 | Sunday, August 15, 2010 | 68 | NGC | $14,950.00 |
| Auction 422, Lot 917 | Saturday, January 6, 2007 | 68 | PCGS | $35,937.50 |
| 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.Previous Prices Reported By Other Auction Firms (Not Verified By Heritage)
| Source | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Unconfirmed | Wednesday, May 25, 2005 | 68 | NGC | $10,925.00 |
| PLEASE NOTE: Heritage has not verified this data, which represents the sale or auction of an item from a third party (and includes the Buyer’s Premium where applicable). All information listed is intended to be as accurate as possible, but it has been taken from sources that may or may not be reliable and errors are possible. Please use this guide carefully and inform us of any inaccuracies. | ||||
Price Guide*
| Grade | Coin World (Coin Values) |
Numismedia Retail |
Numismedia Wholesale |
Numismedia NGC (nmn) |
Numismedia PCGS (nmp) |
PCGS Price Guide |
PCGS+ |
|---|---|---|---|---|---|---|---|
| 67 | --- | --- | --- | --- | --- | $7,250 | $10,000 |
| 68 | --- | --- | --- | --- | --- | $24,500 | --- |
| 69 | --- | --- | --- | --- | --- | --- | --- |
| *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 | 68 | 3 | 0 | 58 | - | ||
| CAC | 68 | 2 | 0 | 9 | - | ||
| *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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