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Lot 391 |
1916 5C Doubled Die Obverse MS64 NGC. FS-101. ...
2010 June Long Beach, CA Signature US Coin Auction #1140
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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!
Number of Bidders
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Consignor Has Not Yet Submitted a Reserve:
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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
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| Auction Ended On: | Jun 3, 2010 |
| Item Activity: |
7 Internet/mail/phone bidders
6,805 page views |
A Fabulous Example and Tied for Finest Certified
In a March 15, 2005, Numismatic News column, Paul M. Green described the 1916 Doubled Die nickel "as perhaps the greatest and least known rarity of the 20th century. It is ironic, because the logical assumption would be that any coin of the 20th century is well known and appreciated." Knowledge of the variety became widespread only in 1976; even today, many otherwise knowledgeable numismatists fail to realize how rare the issue is--in all grades, but particularly in Mint State.
The finest certified are a number of near-Gems at both services, including two MS64 PCGS pieces that we have handled in the last few years. (PCGS has certified only those two pieces in MS64.) The 1916 Doubled Die invites a comparison with another popular Buffalo nickel variety, the 1918/7-D. NGC has certified three Gems of the 1918/7-D Buffalo, and 22 examples of that variety in MS64. Even if one deletes one-third of those coins as duplicates, it still leaves almost four times as many 1918/7-D Buffalos at the near-Gem level compared to the 1916 Doubled Die.
The obverse of this impressively lustrous near-Gem has gold-orange peripheral toning that yields to light nickel-gray in the centers. The reverse is more richly patinated in stark blue and green-gold hues. Both sides show a slight degree of central striking softness, but the crucial date area is crisp with strong impressions from both date hubs. Wispy abrasions on the major devices and in the fields account for the technical grade, though the eye appeal is more evocative of an even finer designation. Census: 6 in 64, 0 finer (4/10).
From The Brenda John Collection.(Registry values: N10218) (#3931)
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Service and Handling Description: Coins & Currency (view shipping information)
Sales Tax information | NGC Coin Grading Guarantee | Terms and Conditions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1166, Lot 3088 | Sunday, January 8, 2012 | 64 | NGC | $172,500.00 |
| Auction 1124, Lot 2131 | Sunday, May 3, 2009 | 64 | PCGS | $184,000.00 |
| Auction 1121, Lot 3640 | Sunday, January 11, 2009 | 64 | PCGS | $195,500.00 |
| Auction 384, Lot 1853 | Saturday, September 24, 2005 | 64 | PCGS | $264,500.00 |
| View prices realized from this item in other grades (you must be signed in) | ||||
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.| Source | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Unconfirmed | Tuesday, April 15, 2008 | 64 | NGC | $276,000.00 |
| Unconfirmed | Thursday, November 15, 2007 | 64 | PCGS | $316,250.00 |
| Unconfirmed | Saturday, August 14, 2004 | 64 | PCGS | $281,750.00 |
| PLEASE NOTE: Heritage has not verified this data, which represents the sale or auction of an item from a third party (and includes the Buyer’s Premium where applicable). All information listed is intended to be as accurate as possible, but it has been taken from sources that may or may not be reliable and errors are possible. Please use this guide carefully and inform us of any inaccuracies. | ||||
| Grade | Coin World (Coin Values) |
Numismedia Retail |
Numismedia Wholesale |
Numismedia NGC (nmn) |
Numismedia PCGS (nmp) |
PCGS Price Guide |
PCGS+ |
|---|---|---|---|---|---|---|---|
| 63 | $175,000 | $149,500 | $115,000 | $100,000 | $105,000 | $135,000 | $150,000 |
| 64 | $225,000 | $237,500 | $190,000 | $165,000 | $175,000 | $200,000 | --- |
| 65 | $400,000 | $390,000 | $300,000 | $275,000 | $280,000 | --- | --- |
| *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. | |||||||
| Service | Grade | Population in this Grade | Population of Higher Grade | Population in All Grades | + | Mintage | Engraver |
|---|---|---|---|---|---|---|---|
| PCGS | Not available from PCGS | 0 | James E. Fraser | ||||
| NGC | 64 | 4 | 0 | 87 | - | ||
| CAC | 64 | 1 | 0 | 16 | - | ||
| *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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