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Lot 2906 |
1857-S $10 MS64 PCGS....
2009 February Long Beach, CA Signature US Coin Auction #1122
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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!
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Consignor Has Not Yet Submitted a Reserve:
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Reserve Not Met:
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Reserve Met:
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What's This?
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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: |
$53,187.50
(includes BP  ) Bid Source: Live: Phone |
| Auction Ended On: | Feb 6, 2009 |
| Item Activity: |
11 Internet/mail/phone bidders
1,249 page views |
Description:
Legendary Near-Gem 1857-S Ten Dollar Gold
Ex: S.S. Central America, One of Two Finest Known
1857-S $10 MS64 PCGS. SSCA 6964. The 1857-S double eagles recovered from the wreck of the S.S. Central America have become well-established as part of the numismatic trade, to the point of becoming the go-to issue for the type collector seeking a Mint State Type One twenty. Less well-known, but arguably just as important to collectors of other series, are the handful of recovered coins in lesser denominations. As with the double eagles, the recovery of fives and tens from the bottom of the Pacific has led to new opportunities to collect No Motto dates in previously unheard-of grades.This coin is impressively presented. From the moment one opens the lid of the distinctively black box and sees the black cover of the faux-book case, one has a growing sense of anticipation; what is the special coin inside? A flip past the pages, and the coin itself is revealed. Perhaps the eye is drawn to the label of the PCGS holder first, to read "1857-S" and "MS64." One might assume that this piece is a double eagle and think, why the fuss for an MS64 example? Then one looks at the coin and realizes that this is not a twenty dollar gold piece, but a ten, and the perception quickly changes.
This gorgeous survivor comes sharply struck with bold, effusive luster. The surfaces are generally yellow-gold with a distinctive area of amber-orange just above the date; this feature can serve as a pedigree marker to distinguish it from the other MS64 example graded by PCGS, its only equal in the combined certified population (1/09). With only a handful of stray marks on each side that scarcely affect the eye appeal, this is not only one of the best-preserved 1857-S tens available today, but also one of the most beautiful.(Registry values: N1) (#8624)
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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 |
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No previous prices realized recorded for this item in this grade. 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 | --- | $22,750 | $17,500 | $15,500 | $16,000 | $25,000 | $30,000 |
| 64 | --- | $46,580 | $34,500 | $30,000 | $31,500 | $53,000 | --- |
| 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 | 26,000 | Christian Gobrecht | ||||
| NGC | 64 | 0 | 0 | 59 | - | ||
| CAC | 64 | 0 | 0 | 3 | - | ||
| *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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