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Lot 3440 |
1869 5C Five Cents, Judd-688, Pollock-769, High R.7, PR66 PCGS....
2008 September Long Beach, CA US Coin Signature Auction #1116
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Bid Information
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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!
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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: |
$16,100.00
(includes BP ) Bid Source: Live: Floor bidder |
| Auction Ended On: | Sep 19, 2008 |
| Item Activity: |
6 Internet/mail/phone bidders
2,674 page views |
Description:
Extremely Rare 1869 Pattern Five Cent in Aluminum
Judd-688, PR66, One of Three Known
1869 5C Five Cents, Judd-688, Pollock-769, High R.7, PR66
PCGS. Aluminum is a common element, the third most widely found
in the Earth's crust after silicon and oxygen. But because of its
extreme reactivity it is rare in its pure, free form, instead found
in more than 270 mineral compounds, most abundantly as bauxite
ore.The use of pure aluminum--even more so the use of pure aluminum in coinage--is a recent phenomenon. Pure aluminum used to be considered a precious metal, more prized than gold. The Emperor Napoleon is said to have given a banquet at which only the most honored guests were given aluminum utensils; the others had to settle for gold.
When the Washington Monument was completed in 1884, its 100-ounce pure aluminum capstone was the largest single piece of aluminum cast at that time, and the lightweight metal was considered more expensive than gold, silver, or platinum at that time. The Hall-Héroult process for extracting aluminum from its ore was discovered around 1884, making the pure metal much less expensive than before and widening its commercial availability.
That greater availability, of course, also extended to coins and medals, and only during the late 1880s and early 1890s are such pieces generally seen. In fact, a famous series of so-called dollars from the 1892-93 World's Columbian Exposition touts the many newly discovered attributes of aluminum for coinage: "malleable, tasteless, sonorous, ductile, untarnishable."
It is against the above background that the present pattern Shield nickel in aluminum, Judd-688, must be viewed. Dated 1869, this piece was produced at a time (presumably the year it bears, or not much later) when aluminum was among the most precious of metals. The design is the same as the regular-issue Shield nickel, although in the pure aluminum context this piece is starkly silver-white, rather than gray. The piece is certified in an old-style PCGS green-label holder, and it certainly appears qualified for a Cameo designation, with thickly frosted devices and splendidly reflective fields that show the coveted black-on-silver appearance of cameo proof coinage at the proper angle.
According to the www.USPatterns.com website, this pattern in aluminum, Judd-688, is part of a series of similar 1869-dated patterns that, despite their listing as die trials, were actually deliberately struck for sale to collectors as part of complete off-metal sets.
Apparently only two or three pieces of the Judd-688 in aluminum are known. The PCGS Population Report shows three pieces certified at that service, one each in PR63, PR65, and PR66, this piece the finest of the three. Besides its status as a fabulously rare pattern, it is a quite beautiful and interesting one--like so many patterns, little is actually known concerning its manufacture, but much research remains to be done, and much will likely remain the subject of conjecture ... (#60913)
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Service and Handling Description: Coins & Currency (view shipping information)
Sales Tax information | PCGS Guarantee of Grade and Authenticity | Terms and Conditions
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1139, Lot 2398 | Sunday, May 2, 2010 | 66 | PCGS | $23,000.00 |
| 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.
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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+ |
|---|---|---|---|---|---|---|---|
| 65 | --- | --- | --- | --- | --- | $12,000 | $13,500 |
| 66 | --- | --- | --- | --- | --- | $22,000 | --- |
| 67 | --- | --- | --- | --- | --- | --- | --- |
| *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 | 66 | 0 | 0 | 0 | - | ||
| 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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