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Lot 1968 |
1795 $5 Small Eagle MS64 NGC....
2008 December Houston, TX Signature Coin Auction #1118
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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
This number represents the number of individual bidders prior to the close of Internet bidding on each lot. An individual who bids more than once is still counted only once. During the live session, only the winning bidder is included in this number, although detailed records are kept of all forms of bids.Status
Reserve (If Any) Not Posted Yet:
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Consignor Has Not Yet Submitted a Reserve:
Although the consignor's agreement allows a reserve on this lot, the deadline for submitting such a reserve has elapsed. If consignor submits a reserve post-deadline and the item fails to meet that reserve, we may charge the consignor a higher reserve fee.
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.
Minimum Bid:
Lots bearing bidding estimates shall open at Auctioneer's discretion (approximately 25% to 60% of the low estimate).
What's This?
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.
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: |
$172,500.00
(includes BP ) Bid Source: Internet bidder |
| Auction Ended On: | Dec 5, 2008 |
| Item Activity: |
6 Internet/mail/phone bidders
3,850 page views |
In Numismatic Art in America, Cornelius Vermeule discussed this design at some length: "The industrious Robert Scot seems also to have created the bust of Liberty that dominated the gold coinage from 1795 until John Reich introduced his turbaned ladies in 1807 and 1808. His [Scot's] source could well have been an ideal, somewhat backward portrait of Martha Washington arrayed for an evening reception, a considerably more suave, tranquil presentation than that identified with the half-disme of 1792. The Liberty cap is a great tumultuous affair of soft felt, that somehow manages to tower amid a large, curled forelock and long, wavy tresses. It is hard to say what is cap and what is hair entwined about it. The face is flat, blunt, and thoroughly bourgeois. The draped bust is a truncated curiosity. Greco-Roman classicism has been misunderstood here, for this is the type of draped neck ordinarily found in ancient art when a marble bust has been created for insertion into the body of a draped statue. The entire presentation makes little sense as an immediate visual experience. Scot surely did not originate this form of classicism in the Federalist period; no doubt he adapted the design from some case after the antique or some contemporary marble by a sculptor of modest talents." After breaking down the Scot design, Vermeule continued by defending it: "Criticism comes easy, however, and it must not be overlooked that Robert Scot's first gold coinage has a positive character of its own, a healthy individuality and almost-rustic charm that conveys the message of a young nation seeking its identity as well as any monumental manifestation of the early arts in America."
An extensive coinage of gold took place during the earliest years at the Mint, with 12 die varieties for the 1795 Small Eagle half eagles and five more for the 1795 eagles. This variety, currently identified by the variety notation BD-2, is considered the second die marriage produced, probably in early August 1795. John Dannreuther suggested that this variety may have been among coins from Warrant 26, consisting of 520 pieces delivered on August 11. It is also a rare variety among 1795 half eagles. Harry Bass, who collected two dozen half eagles dated 1795, only found one example of this variety during his three decades of collecting gold coins. Only about 20 to 30 pieces are known from this die combination, and this example has the highest numerical grade of any. The surfaces have bright lemon-yellow color with splashes of rich honey-gold toning. Some unusual striations are visible in the lower obverse fields. Both sides are fully prooflike with several visible lint marks, suggesting that the planchet may have received special treatment before this piece was struck. Census: 3 in 64, 7 finer (10/08).(Registry values: P5) (#8066)
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Service and Handling Description: Coins & Currency (view shipping information)
Sales Tax information | NGC Coin Grading Guarantee | Terms and Conditions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1156, Lot 4616 | Sunday, June 5, 2011 | 64 | NGC | $184,000.00 |
| Auction 422, Lot 3491 | Saturday, January 6, 2007 | 64 | NGC | $201,250.00 |
| Auction 454, Lot 3134 | Saturday, January 12, 2008 | 64 | PCGS | $373,750.00 |
| Auction 422, Lot 3493 | Saturday, January 6, 2007 | 64 | PCGS | $345,000.00 |
| 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.| Source | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Unconfirmed | Sunday, September 23, 2007 | 64 | PCGS | $322,000.00 |
| Unconfirmed | Thursday, June 30, 2005 | 64 | NGC | $218,500.00 |
| 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. | ||||
| Grade | Coin World (Coin Values) |
Numismedia Retail |
Numismedia Wholesale |
Numismedia NGC (nmn) |
Numismedia PCGS (nmp) |
PCGS Price Guide |
PCGS+ |
|---|---|---|---|---|---|---|---|
| 63 | $140,000 | $168,750 | $135,000 | $120,000 | $125,000 | $230,000 | $260,000 |
| 64 | --- | $300,000 | $240,000 | $220,000 | $220,000 | $350,000 | $385,000 |
| 65 | --- | $468,750 | $375,000 | $350,000 | $350,000 | $475,000 | --- |
| *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. | |||||||
| Service | Grade | Population in this Grade | Population of Higher Grade | Population in All Grades | + | Mintage | Engraver |
|---|---|---|---|---|---|---|---|
| PCGS | Not available from PCGS | 8,707 | probably Joseph Wright | ||||
| NGC | 64 | 2 | 4 | 223 | - | ||
| CAC | 64 | 0 | 0 | 24 | - | ||
| *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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