:
|
Lot 1544 |
1798 $1 Large Eagle, Pointed 9, 4 Vertical Lines MS63 NGC....
2009 February Long Beach, CA Signature US Coin Auction #1122
|
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
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:
Although many lots will not get reserves, this signifies that we have not yet posted any reserves to this entire auction. Reserves are usually posted approximately 3 days prior to the closing for Internet-only auctions, and approximately 7 days prior to the live session for Signature auctions. At that point, any unmet Reserve will become both the price shown (with an asterisk) and the Minimum Next Bid, regardless of any previous bids.
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: |
$25,300.00
(includes BP  ) Bid Source: Internet |
| Auction Ended On: | Feb 5, 2009 |
| Item Activity: |
9 Internet/mail/phone bidders
4,973 page views |
Description:
1798 B-14, BB-122 Large Eagle Dollar, MS63
Only Mint State Example Known
1798 $1 Large Eagle, Pointed 9, 4 Vertical Lines MS63 NGC. B-14, BB-122, R.3. Die State IV. This is one of the rare monogamous die pairings in the early dollar series, in that both sides of this coin are found in no other marriages. The obverse closely resembles that of B-24, BB-124, but on BB-122 the 8 in the date is twice as close to the bust as on BB-124, virtually touching, and stars 11-12 are much closer. It has a medium wide date. The reverse shows the eagle's right (facing) claw touching the last A in AMERICA, the only 1798 reverse with that feature. NGC classifies this piece as the "Pointed 9, Wide Date" variety in its online Census Report, where this is the single Mint State example of the B-14, BB-122 variety certified. The Guide Book also calls it the Pointed 9, Wide Date, for collectors of those varieties. The PCGS online Population Report includes the B-14, BB-122 as one of many varieties under its PCGS number for the Pointed 9, 4 Vertical Lines dollars. PCGS shows a total of five BB-122 coins certified at that service, the finest an AU55. (We suspect that coin is the AU55 PCGS example in the PCGS Registry Set of Dr. Robert Hesselgesser, where he notes that is in the top three Condition Census coins for the variety; it appears to be the single finest certified at PCGS.) For the entire Pointed 9, 4 Lines subtype, PCGS has certified only four Mint State coins: two MS61, one MS62, one MS64.
When Dave Bowers was writing his massive (and now-largely unavailable) Silver Dollars and Trade Dollars of the United States: A Complete Encyclopedia, he commented that "Somewhere in the range of 350 to 550 1798 BB-122 dollars are believed to exist. The variety is very rare above EF and may be unknown in Mint State." The Notable Specimens in his list included several AU50 examples, and none finer. He provides a Condition Census with two AU55 examples at the top--probably conjectural, as the pieces specifically mentioned from past auctions had AU50 as their top grade.
While we know nothing concerning the past provenance of this piece, it certainly appears to top the known Condition Census for the variety by a wide margin. In this Die State IV, the most plentiful for the variety, a small die crack joins stars 4 and 5. This piece shows deep, multicolored toning on both sides, with an occasional flash of pale lilac. The right-side stars are weak, as often seen on the variety, along with star 7 on the left side. The remaining left-side stars, however, are bold. The strike is also weak on the central details of the eagle. These minutiae, however, fail to diminish the immense importance of this Condition Census piece.
For comparison purposes, we note that the Garrett and Buddy Ebsen specimens were AU50 and XF45, respectively, and the previously mentioned top-ranked PCGS Registry Set contains an AU55. This piece could possibly be the finest known of the variety, by as much as five to eight grade points. Watch the bidder cards fly on this one.(Registry values: N7079) (#6873)
View large image(s) of this item
Shipping Description: Coins & Currency (view shipping information)
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1124, Lot 2548 | Sunday, May 3, 2009 | 63 | NGC | $24,150.00 |
| Auction 280, Lot 7203 | Saturday, January 12, 2002 | 63 | NGC | $27,600.00 |
| Auction 244, Lot 7191 | Friday, January 5, 2001 | 63 | PCGS | $55,200.00 |
| Auction 175, Lot 6492 | Saturday, August 2, 1997 | 63 | ANACS | $11,212.50 |
| 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.
|
||||
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+ |
|---|---|---|---|---|---|---|---|
| 62 | $35,000 | $34,380 | $27,500 | $25,000 | $25,500 | $38,000 | $45,000 |
| 63 | $55,000 | $58,130 | $46,500 | $42,000 | $43,500 | $85,000 | $90,000 |
| 64 | $125,000 | $130,630 | $104,500 | $95,500 | $95,500 | $125,000 | $145,000 |
| *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. | |||||||
Population Guide
| Service | Grade | Population in this Grade | Population of Higher Grade | Population in All Grades | + | Mintage | Engraver |
|---|---|---|---|---|---|---|---|
| PCGS | Not available from PCGS | 327,536 | Robert Scot | ||||
| NGC | 63 | 7 | 4 | 1,226 | - | ||
| CAC | 63 | 0 | 0 | 86 | - | ||
| *This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions. | |||||||
Find Auction Prices for Comparable Items:
Photographs:
![](javascript:popUpBigPic("/common/view_image_only.php?img=" + encodeURIComponent("http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f4%2f4%2f8%2f4%2f4484179.jpg%5d%2ccontinueonerror%5btrue%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d"));)
![](javascript:popUpBigPic("/common/view_image_only.php?img=" + encodeURIComponent("http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f4%2f4%2f8%2f4%2f4484228.jpg%5d%2ccontinueonerror%5btrue%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d"));)
![](javascript:popUpBigPic("/common/view_image_only.php?img=" + encodeURIComponent("http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f4%2f4%2f8%2f8%2f4488245.jpg%5d%2ccontinueonerror%5btrue%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d"));)
![](javascript:popUpBigPic("/common/view_image_only.php?img=" + encodeURIComponent("http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f4%2f4%2f8%2f8%2f4488246.jpg%5d%2ccontinueonerror%5btrue%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d"));)
We changed the way we image slabbed coins on February 1, 2010, in order to get a more accurate image of the coin. To get the sharper details and more accurate colors we have focused the lighting on the actual coin, which has caused the top of the holders to appear darker and milky. Please disregard the color of the holders when examining the images.
Company Info
Help
3500 Maple Avenue, 17th Floor
Dallas, Texas 75219-3941
1-800-872-6467 / (214) 528-3500 / Fax: (214) 409-1425
Plan a Visit to Heritage
Copyright © 1999-2012 Heritage Auctions, Inc. | All Rights Reserved
