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Lot 3858 |
1846/5-O $10 MS62 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:
This lot is being sold without a consignor reserve.
(Note: By law, consignors may still bid under certain conditions, but they are responsible for paying the full Buyer's Premium and Seller's Commission if they do.)
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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Lots bearing bidding estimates shall open at Auctioneer's discretion (approximately 25% to 60% of the low estimate).
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: |
$37,375.00
(includes BP  ) Bid Source: Live: Phone bidder |
| Auction Ended On: | Sep 19, 2008 |
| Item Activity: |
10 Internet/mail/phone bidders
2,497 page views |
Description:
Condition Census 1846/5-O Liberty Head Eagle, MS62
1846/5-O $10 MS62 NGC. Although undesignated as such on the NGC holder, this is actually an unrecognized 1846/5-O eagle, and as such it is a great rarity in this condition. Indeed, both the 1846-O and the 1846/5-O are great rarities in the MS62 grade of the present coin: A quick perusal through our Permanent Auction Archives reveals that the finest example of either variant we have previously offered is an AU55, and the finest certified 1846/5-O we have offered is an XF45 PCGS coin from our 2005 St. Louis CSNS Signature Auction #372 (5/2005, lot 8754).As mentioned, both the overdate and nonoverdate varieties are extremely rare in Mint State, and in fact Extremely Fine examples are very rare. While some numismatists question whether it is a 5 or something else under the 6, there is clearly "something there," and this is a popular variety whose fame has been increased by its listing in the Guide Book.
A comparison of the overdate and nonoverdate varieties reveals several key differences that are useful in attribution: Most obvious is the ball of an apparent 5 in the lower loop of the 6, and that underdigit portion is frosted. The area under the top loop of the 6 is also frosted. There are also remnants of an underdigit beneath the 4 in the date, and the enclosed area within the triangle of the 4 is also frosted. The downstroke of the 4 is quite thick, and the thick, long serif on the cross-stroke of the 4 meets the right serif of the downstroke, enclosing an oval area that is also frosted.
This piece reveals considerable prooflike luster when turned under a light, and while there is some light field chatter on both sides, there are no singular abrasions. The color is a delightful medium yellow-gold, and the strike is close to full. PCGS has certified one each of the 1846-O and 1846/5-O in MS64, with the next highest some AU55s. NGC appears not to certify the overdate, but the finest 1846-Os are a single MS63 Prooflike and one MS62 (8/08). This overdate coin appears clearly to be well within the Condition Census.(Registry values: N7079) (#8596)
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Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
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No previous prices realized recorded for this item in this grade. 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+ |
|---|---|---|---|---|---|---|---|
| 61 | --- | $29,380 | $23,500 | $21,250 | $21,500 | --- | --- |
| 62 | --- | $39,000 | $30,000 | $27,500 | $27,500 | --- | --- |
| 63 | --- | $52,650 | $40,500 | $36,500 | $36,500 | --- | --- |
| *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 | 62 | 0 | 0 | 0 | - | ||
| CAC | 62 | 0 | 0 | 1 | - | ||
| *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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