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Lot 2407 |
1806/5 $2 1/2 7x6 Stars AU58 PCGS....
2009 February Long Beach, CA Signature US Coin Auction #1122
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Bid Information
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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
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| Sold for: |
$63,250.00
(includes BP  ) Bid Source: Live: Phone |
| Auction Ended On: | Feb 6, 2009 |
| Item Activity: |
9 Internet/mail/phone bidders
4,737 page views |
Description:
Rare 1806/5 7x6 Stars Quarter Eagle, BD-2, AU58
One of the Rarest Draped Bust Varieties
1806/5 $2 1/2 7x6 Stars AU58 PCGS. Breen-6123, BD-2, High R.5. On this overdate variety, the stars are arranged seven left, six right. Garrett and Guth note that the issue "represents one of the rare instances when a die that had already been used to strike coins in one year was softened, overdated, rehardened, and then used to strike even more coins. Most other overdates occur on unused dies from previous years." Bass and Dannreuther go a step further, saying the entire date was "repunched on this die with the 180, as well as the new digit, the 6, punched over the existing date--obliterating the crack through the 805 of the date. This was a matter of economy, but why they just did not strike more coins dated 1805 is not known. Certainly, many previous years' dies were used in subsequent years, as silver dollars were struck until 1805 using prior dated dies!"
Perhaps the reheating and recooling of the obverse die caused it to finally fail, as this is one of the rarest early quarter eagle varieties. Among the Draped Bust quarter eagles, only the 1796 No Stars with extended arrows (BD-1), the 1804 13 Star Reverse (BD-1), and the single 1797 variety are more elusive. The reverse, however, was used not only for this variety, but also for the 1806/4 BD-1, the 1805 BD-1, the 1807 BD-1, and finally for more than 100,000 examples of the 1807 JR-1 dime.
The present example, while showing slight evidence of light handling, is only a whisper away from Mint State. The fields are slightly reflective, even through the predominantly reddish patina, and there are tinges of lilac in the protected areas around the devices. A pleasing example of this rare die marriage, one not often seen in the numismatic marketplace. Population: 5 in 58, 1 finer (12/08).(Registry values: P9) (#7655)
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Shipping Description: Coins & Currency (view shipping information)
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1136, Lot 2092 | Sunday, January 10, 2010 | 58 | NGC | $37,375.00 |
| 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+ |
|---|---|---|---|---|---|---|---|
| 55 | $72,500 | $65,630 | $52,500 | $47,500 | $47,750 | $70,000 | $72,500 |
| 58 | $80,000 | $73,450 | $56,500 | $51,500 | $51,500 | $82,000 | $87,500 |
| 60 | $100,000 | $91,880 | $73,500 | $67,500 | $67,500 | $102,000 | --- |
| *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 | 480 | Robert Scot | ||||
| NGC | 58 | 3 | 7 | 15 | - | ||
| CAC | 58 | 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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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.
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