Opening Bid :
Current Bid:
Reserve Amount:

Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %s.
(%s w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %s has been outbid.

Your secret maximum bid of %s does not meet the reserve.

You have been outbid on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
2246

1848 50C PR64 NGC....

2008 September Long Beach, CA US Coin Signature Auction #1116

 
Sold for: $46,000.00 (includes BP )
Bid Source: Internet bidder
Auction Ended On: Sep 18, 2008
Item Activity: 3 Internet/mail/phone bidders
2,219 page views
Description:
Important and Extremely Rare Choice Proof 1848 Half Dollar
The Second Finest Known, From the Eliasberg Collection
1848 50C PR64 NGC. Ex: Eliasberg. The extraordinarily rare 1848 proof half dollar. Only one finer specimen of this elusive issue is known: an NGC MS66 specimen sold by Heritage on July 30, 2008 for the princely sum of nearly $75,000 as part of the Phil Kaufman Collection of Early Proof Sets, Part Four. That piece was described as "one of the rarest coins in the Phil Kaufman collection, and the finest known of an exceedingly sparse population." It is an immense pleasure to have the opportunity to present another representative of this rare issue less than two months later.
The exact number of survivors is unknown, and estimates range from a low of three to a high of eight specimens. Wiley and Bugert (1993) write that fewer than four proofs are known (i.e. three, at the most). Breen (1988) lists six examples, one of which is housed in the Smithsonian, and Akers (1998) gives a similar figure of five to six survivors. The cataloger of the Eliasberg coin speculated that "fewer than seven or eight Proofs are known." NGC and PCGS combined report just four submissions. In the description for the Kaufman specimen (lot 1819) we provided a list of five distinct 1848 proof half dollars, along with three additional appearances. This important piece may be one of only four coins in private hands.
Matching the present coin to the plate of the Eliasberg example has left us certain that they are the same specimen. Although the photos in the Eliasberg catalog leave something to be desired, several toning spots on both sides are unquestionably identical. This remarkable coin has light hazel toning in the periphery that encircles the silver-gray centers, with wafts of medium gray that help distinguish this piece. Deeply mirrored fields complement the powerfully impressed design elements. Several pinpoint handling marks are only minor disturbances. This is a spectacular opportunity for the collector to obtain the second finest known example of this rare issue.
Ex: Eliasberg Collection (Bowers and Merena, 4/1997), lot 1944.
From The Sundance Collection.
(#6392)

View Entire Collection
View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 1128, Lot 1126 Sunday, August 2, 2009 64 NGC $28,750.00
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.
Price Guide*
Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
63 --- --- --- --- --- $30,000 $33,500
64 --- --- --- --- --- $47,500 ---
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.
Find Auction Prices for Comparable Items:

Photographs:


Proof Seated Half Dollars, 1848 50C PR64 NGC....


Proof Seated Half Dollars, 1848 50C PR64 NGC....


Proof Seated Half Dollars, 1848 50C PR64 NGC....


Proof Seated Half Dollars, 1848 50C PR64 NGC....

Floor Auctions: Live & Coming Soon

Timepieces

05/19/2012

Natural History

05/20/2012

Fine Art

05/22/2012

Fine Art

05/22/2012

Entertainment

05/29/2012

US Coins

05/31/2012

Historical

06/10/2012

Decorative Art

06/13/2012

Decorative Art

06/14/2012

Fine & Rare Wine

06/14/2012

Musical Instruments

06/16/2012

Illustration Art

06/27/2012

US Coins

07/12/2012

Heritage Membership

735,643 bidder-members
$827,486,066 sold in the last year

 

Quality Consignments Wanted

Only 16 days left to consign to the 2012 July 12-15 US Coin Summer FUN Signature Auction - Orlando!

 

E-mail Mike Sadler or call
1-800-872-6467 x1332

We expect to have one of our Consignment Directors visiting your area soon. Please call to arrange an appointment.

Video Video: Why Consign?

Testimonials:
With all these; friendly people, highly professional staff, superb web site makes you a winner.
V.M.C,
San Leandro, CA

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

 

In The News

Hall of Fame