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Lot 3646 |
1844-D $5 MS64 NGC....
2008 September Long Beach, CA US Coin Signature Auction #1116
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Bid Information
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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:
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Reserve Met:
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.
Minimum Bid:
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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: |
Not Sold
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| Auction Ended On: | Sep 19, 2008 |
| Item Activity: |
3 Internet/mail/phone bidders
2,310 page views |
Description:
Condition Census 1844-D Half Eagle, MS64
1844-D $5 MS64 NGC. Gold was discovered in a big way in the Appalachian regions of Georgia and North Carolina during the 1820s. At the time, transporting the gold ore from the mining regions to the Mint at Philadelphia was an arduous and dangerous task. Several private mints were established near the gold fields to allow the miners to avoid the risk and expense of shipping their gold overland to Philadelphia. Jealous of their coining powers and anxious to properly exploit this new source of wealth, Congress decided to establish branch mints at convenient locations near the gold fields. The Act of March 3, 1835, created the three Southern branch mints at New Orleans, Charlotte, and Dahlonega. Construction delays and personnel problems plagued all the new mints, and coinage finally commenced in 1838. The mints at Charlotte and Dahlonega coined only gold denominations during their short careers. The gold deposits of the region were gradually depleted, and the great California Gold Rush of 1849 enticed many local miners to abandon their claims and go West. The Confederacy seized the mints at the start of the Civil War but lacked the resources to operate them after the supply of coin blanks was used up. The mints at Charlotte and Dahlonega were never reopened after the war and produced no coinage after 1861. Today, advanced collectors highly prize gold coins with the coveted C and D mintmarks.From an original mintage of 88,982 pieces, the 1844-D is one of the more available issues from the Dahlonega Mint in circulated grades. About Uncirculated examples are encountered with some regularity. The situation changes dramatically at the Mint State level. There are eight to 10 survivors in lower Mint State grades; Gem coins are unknown. The present near-Gem coin qualifies as one of the three finest certified by the leading grading services. Many dates from the Dahlonega Mint display characteristic weak strikes. The 1844 issue is one of the few that is generally seen with above-average striking quality. The coin offered here has an outstanding strike, with strong detail in the stars, hair, and eagle. The fields are semiprooflike, with delicate shades of orange and green toning. The accent of green toning near the rim is reminiscent of the Pittman coin. There are few distractions, none worthy of individual notice. A breathtaking coin overall, certainly one of the finest examples known. Census: 2 in 64, 0 finer (8/08).(Registry values: P2) (#8221)
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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 |
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| Auction 208, Lot 7676 | Friday, August 13, 1999 | 64 | PCGS | $19,550.00 |
| 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.Previous Prices Reported By Other Auction Firms (Not Verified By Heritage)
| Source | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Unconfirmed | Sunday, May 25, 2008 | 64 | PCGS | $41,400.00 |
| 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+ |
|---|---|---|---|---|---|---|---|
| 63 | $26,500 | $29,380 | $23,500 | $21,000 | $21,500 | $32,500 | $36,500 |
| 64 | --- | $47,450 | $36,500 | $33,000 | $33,500 | $52,500 | --- |
| 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 | 88,900 | Christian Gobrecht | ||||
| NGC | 64 | 2 | 0 | 225 | - | ||
| CAC | 64 | 1 | 0 | 7 | - | ||
| *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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