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Lot 4448 |
1914-S $20 MS67 NGC....
2008 September Long Beach, CA US Coin Signature Auction #1116
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Bid Information
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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.
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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:
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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: |
$43,125.00
(includes BP  ) Bid Source: Internet bidder |
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| Make Offer: |
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| Auction Ended On: | Sep 19, 2008 | |
| Item Activity: |
3 Internet/mail/phone bidders
2,462 page views |
Description:
Impeccably Preserved 1914-S Double Eagle
The Finest Certified, Superb Gem
1914-S $20 MS67 NGC. With one exception, no 1914-S has been
certified by either NGC or PCGS above MS66. That exception is the
present coin, which stands alone as the single finest certified.
The 1914-S has the highest mintage of any issue from the teens, but
few collectors even considered setting aside examples of such a
high denomination, aside from Philadelphia Mint proofs and the
highly popular High Relief issue.A sizeable majority of 1914-S twenties were eventually melted, particularly after the 1933 gold recall. However, hard money advocates also acquired quantities, many of which came from foreign bank vault hoards, which have been widely disbursed in recent decades. Those pieces had one thing in common: bagmarks, caused by coin to coin contact within sealed bags as they were moved from one location to another, including a likely journey by ship overseas.
The large size and soft gold alloy of double eagles made it nearly impossible for examples to survive in high grades under such circumstances, but a few pieces faced better odds than their peers. Those were placed into advanced cabinets, such as the Connecticut State Library or John Clapp collections. Even so, it is miraculous that any Superb Gems exist today, since indifferent handling at the San Francisco Mint itself would cause abrasions before any possible collector intervention.
The present piece, then, is a marvel. It is one in a million, or more explicitly, one in 1.498 million. Those familiar with MS65 1914-S twenties know that they have numerous small marks, which are unacceptable for the MS67 grade. But this coin is remarkably smooth. Only one or two minute marks on each side are visible with the unaided eye, and these are concealed within the devices. The yellow-gold surfaces are lustrous and crisply struck, but it is the exceptional preservation that makes the current lot so important to those who demand only the finest for their collection.(Registry values: N1) (#9166)
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
Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers
The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins.
Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on
two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.
Order Now! Just $95
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+ |
|---|---|---|---|---|---|---|---|
| 66 | $9,000 | $6,470 | $5,175 | $4,700 | $4,750 | $7,750 | --- |
| 67 | --- | $43,550 | $33,500 | $30,500 | $30,500 | --- | --- |
| 68 | --- | --- | --- | --- | --- | --- | --- |
| *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 | 1,498,000 | Augustus Saint-Gaudens | ||||
| NGC | 67 | 1 | 0 | 20,630 | - | ||
| CAC | 67 | 0 | 0 | 349 | - | ||
| *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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