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Lot 3171 |
1857-C G$1 MS61 NGC....
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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No Reserve:
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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.
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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: |
$10,399.99
(includes BP  ) Bid Source: Post Auction Buy bidder |
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| Buy Now: |
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| Auction Ended On: | Sep 19, 2008 | ||
| Item Activity: |
3 Internet/mail/phone bidders
1,544 page views |
Description:
Conditionally Rare 1857-C Dollar, MS61
1857-C G$1 MS61 NGC. Variety 10-L. The only variety known. Although the mint issued the first Type Three gold dollars in 1856, the first examples were not struck in Charlotte until the following year. It is interesting that while the 1857-C dollar's mintage of 13,280 pieces is on the high side when compared to most dates in the series, this issue is among the rarest in Mint State. This is partially because the 1857-C is, on average, one of the worst produced gold coins in United States history, which is a major reason for the lack of high grade specimens. Only a select few examples have been certified in Mint State, with none above MS62. This is an excellent opportunity to acquire one of the finest representatives of this desirable issue.Pleasing olive-gold patina endows the surfaces of this lightly marked specimen. Although the quality of this issue is notoriously poor, this piece exhibits a significantly sharper strike and fewer defects than typically seen. The fields have a wavy appearance, as usual, and there is minor deterioration on the rims. Nonetheless, the surfaces are fairly smooth overall, and there are patches of luster throughout, which is remarkable for the issue. A number of die cracks are noted on both sides. This piece has great eye quality compared to the average 1857-C, which is usually seen dull and rather rough. PCGS has certified just one example at the MS61 level, with none finer. NGC reports four MS61 representatives, which may represent multiple submissions of the same coin, along with only two MS62 specimens (8/08). (Registry values: N4719) (#7545)
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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 1166, Lot 4703 | Sunday, January 8, 2012 | 61 | NGC | $8,625.00 |
| Auction 1137, Lot 1407 | Sunday, February 7, 2010 | 61 | NGC | $10,350.00 |
| Auction 460, Lot 2335 | Saturday, February 16, 2008 | 61 | PCGS | $12,650.00 |
| Auction 195, Lot 7737 | Friday, January 8, 1999 | 61 | PCGS | $11,212.50 |
| 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.Price Guide*
| Grade | Coin World (Coin Values) |
Numismedia Retail |
Numismedia Wholesale |
Numismedia NGC (nmn) |
Numismedia PCGS (nmp) |
PCGS Price Guide |
PCGS+ |
|---|---|---|---|---|---|---|---|
| 60 | $10,000 | $13,130 | $10,500 | $9,650 | $9,650 | $13,000 | --- |
| 61 | --- | $14,950 | $11,500 | $10,350 | $10,500 | $20,000 | --- |
| 62 | $15,000 | $23,080 | $17,750 | $16,000 | $16,250 | --- | --- |
| *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 | 13,200 | James B. Longacre | ||||
| NGC | 61 | 3 | 2 | 117 | - | ||
| CAC | 61 | 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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