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Lot 2880 |
1847-O $10 MS64 PCGS....
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: |
$51,750.00
(includes BP  ) Bid Source: Internet |
| Auction Ended On: | Feb 6, 2009 |
| Item Activity: |
9 Internet/mail/phone bidders
5,279 page views |
Description:
Historic Near-Gem 1847-O Ten
Ex: Bass
1847-O $10 MS64 PCGS. Variety Two, Breen-6881, with the "18" in the date repunched to the south. The fact that 571,500 1847-O eagles were struck only bolsters the supply of circulated examples for today's collector. As with all early O-mint gold, the pieces were minted and then placed directly into the channels of commerce. Many were also melted over the years, so few have survived in Mint State condition. In fact, Doug Winter (2006) suggests that only about a dozen 1847-O tens are extant in Uncirculated condition, with just 1,000 survivors in all states of preservation. The NGC and PCGS populations are bloated by resubmissions, but are still low in relative terms. As of (12/08), PCGS has certified a mere nine pieces at the Mint State level, with the finest being three coins that share the MS64 slot.This piece was lot 626 in Bowers and Merena's November 2000 sale of the Bass Collection. We also had the privilege of offering the other two MS64 specimens in the past. The first coin appeared in our October 1995 Long Beach sale and the latest--the Warren Miller specimen--was sold as part of our February 2005 Long Beach auction, where it realized $48,875--the standing record for the issue.
The example offered here displays extensive reverse die breaks and is in a near-terminal state. Breen considered this variety--one of two for the date--to be scarcer. This warmly lustrous yellow-orange example is well struck for the issue with hints of honey-gold in the fields. Overall eye appeal is excellent. The shallow abrasions at Liberty's neck and to the left of her chin not only account for the grade but also act as pedigree markers.
Ex: Stanley Kesselman to Harry W. Bass, Jr. via private treaty (4/1968); Harry W. Bass, Jr. Collection (Bowers and Merena, 11/2000), lot 626.
From The Grand Lake Collection.(Registry values: N7079) (#8598)
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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 366, Lot 8735 | Saturday, February 26, 2005 | 64 | PCGS | $48,875.00 |
| Auction 144, Lot 6260 | Saturday, October 7, 1995 | 64 | PCGS | $28,600.00 |
| 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+ |
|---|---|---|---|---|---|---|---|
| 63 | $22,500 | $23,210 | $17,850 | $15,850 | $16,250 | $22,500 | $28,500 |
| 64 | $50,000 | $51,980 | $38,500 | $34,500 | $35,750 | $55,000 | --- |
| 65 | --- | --- | --- | --- | --- | --- | --- |
| *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 | 571,500 | Christian Gobrecht | ||||
| NGC | 64 | 0 | 0 | 731 | - | ||
| CAC | 64 | 0 | 0 | 8 | - | ||
| *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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