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Lot 2613 |
1854-D $3 AU58 NGC....
2009 February Long Beach, CA Signature US Coin Auction #1122
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Bid Information
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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!
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Reserve Met:
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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: |
$40,250.00
(includes BP  ) Bid Source: Internet |
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| Make Offer: |
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| Auction Ended On: | Feb 6, 2009 | |
| Item Activity: |
7 Internet/mail/phone bidders
5,266 page views |
Description:
Elusive 1854-D Three Dollar Gold Piece, AU58
Popular Southern Gold Issue
1854-D $3 AU58 NGC. The 1854-D three dollar gold piece is the only coin of this denomination struck at the Dahlonega Mint. There was little demand for the three dollar denomination in the pre-Civil War antebellum South, resulting in a minuscule mintage of only 1,120 pieces. One pair of dies was sufficient to accomplish the entire coinage of this issue, but the dies clashed at an early time. All examples seen show clash marks or evidence of relapping, with a resultant loss of detail. The milling is subject to weakness in many places, but particularly at 12 o'clock on the obverse. David Akers warns that this effect has been mistaken for loop removal on occasion. The mintmark on this issue is unusually bold, and Walter Breen believes it was originally intended for use on half eagles. Fully struck specimens with attractive mint luster are prohibitively rare today. Q. David Bowers and David Akers estimate a surviving population of 115-160 coins in circulated grades, with two to four Mint State specimens extant. The population data has been distorted by numerous resubmissions.The 1854-D three dollar gold piece is avidly pursued by advanced type collectors, Southern gold specialists, and three dollar gold aficionados. It also enjoys demand as a first-date-of-issue coin. As Bowers and Akers say in The United States $3 Gold Pieces 1854-1889, "Year in and year out the 1854-D has been one of the most popular, most widely sought of all 19th century American gold coins. Its continuing status as such seems assured."
The Rice Collection boasts a lovely near-Mint example with faint hints of green on the yellow-gold surfaces. Both sides have the usual quota of minor handling marks that are consistent with the grade. As always, the upper obverse and upper reverse borders are flat and dished. The appearance is the way these coins were made, having no association with any later mishandling. Census: 31 in 58, 9 finer (12/08).
From The Grand Lake Collection.(Registry values: N7079) (#7970)
View Entire Collection
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 1125, Lot 1593 | Sunday, May 31, 2009 | 58 | NGC | $44,562.50 |
| Auction 460, Lot 2408 | Saturday, February 16, 2008 | 58 | NGC | $54,625.00 |
| Auction 267, Lot 7710 | Wednesday, August 8, 2001 | 58 | PCGS | $31,050.00 |
| Auction 208, Lot 7663 | Friday, August 13, 1999 | 58 | PCGS | $33,350.00 |
| Auction 195, Lot 7664 | Friday, January 8, 1999 | 58 | PCGS | $57,500.00 |
| 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 | $50,000 | $48,130 | $38,500 | $35,750 | $36,000 | $55,000 | $57,500 |
| 58 | $57,500 | $56,250 | $45,000 | $41,500 | $42,000 | $65,000 | $70,000 |
| 60 | $65,000 | $76,880 | $61,500 | $55,500 | $55,500 | $90,000 | --- |
| *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 | 1,100 | James B. Longacre | ||||
| NGC | 58 | 30 | 9 | 99 | - | ||
| CAC | 58 | 2 | 1 | 11 | - | ||
| *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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