:
|
Lot 2858 |
Harris Marchand & Co. 18.41 Ounce Gold Ingot....
2010 March Fort Worth, TX Signature ANA US Coin Auction #1138
|
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 $14) 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: |
Not Sold
|
| Auction Ended On: | Mar 26, 2010 |
| Item Activity: |
9 Internet/mail/phone bidders
4,180 page views |
Description:
Important Harris Marchand & Co. Gold Ingot
From the S.S. Central America, 18.41 Ounces
Harris Marchand & Co. 18.41 Ounce Gold Ingot. Ex: S.S. Central America. CAGB-127. Serial number 6510, 18.41 oz, 712 fine, stamped value $270.96. An infrequently encountered assayer compared to Justh & Hunter or Kellogg & Humbert, though at just over three dozen ingots recovered, the Harris, Marchand & Co. imprint is more accessible than a number of others. In his A California Gold Rush History, Q. David Bowers lists a number of attributes for the Harris, Marchand & Co. ingots as a class: "Nearly all of the ingots display irregular alignment of numerals and many have irregular letter alignment as well. Most bars have rather rough surfaces ... Save for the finely crafted hallmark and the curved logotype with the company name, most imprinting is rustic."The hallmark bears further attention; as Bowers notes, Harris, Marchand & Co. "... [original italicized] is the only firm that used a coin-die style hallmark on its ingots." This hallmark takes the form of an all-seeing eye surrounded by rays and flanked left and right by five-pointed stars, which separate the words MARCHAND / ESSAYEUR. The broad circular field is the only significant area on which this ingot shows truly smooth surfaces.
The ingot's main face, read as oriented with the corner cut at upper left, states NO [line below O] 6510 / [curving] HARRIS MARCHAND & CO / [hallmark]. From there, the north face lists the value of $270.96, the south face has [upside down] 712 FINE, and the east face has 18.41 OZ, with dots below both letters. Overall color is light yellow-gold with deep red encrustation at parts of the hallmark, the beginning and end of the curved imprint, a line at the lower right part of the main face, and at the bottom halves of the digits in 712. A memorable shipwreck ingot that offers a different perspective on the California Gold Rush.
Ex: FUN 2002 (Heritage, 1/2002), lot 7904. (#10363)
View large image(s) of this item
Shipping Description: Coins & Currency (view shipping information)
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%2f5%2f3%2f6%2f4%2f5364602.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%2f5%2f3%2f1%2f3%2f5313041.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%2f5%2f3%2f1%2f3%2f5313042.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"));)
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
