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Lot 7729 |
1814 E50C Half Dollar, Judd-44, Pollock-48, R.8, NGC (No Grade Assigned)....
2011 August Chicago Signature US Coin & Platinum Night Auction #1158
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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.
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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 (If Any) Not Posted Yet:
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Consignor Has Not Yet Submitted a Reserve:
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No Reserve:
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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.
Opening Bid:
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 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.
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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% (minimum $40 per lot) 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:
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).Extended Payment Plan
Available on select items as noted on the item page in the bidding area.
[+] Extended Payment Plan Details
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Extended Payment Plan for Heritage Owned Inventory Items
(excludes Virtual Bourse, Comic Market and Virtual Sports Show)[+] Extended Payment Plan Details for Heritage Owned Inventory Items
- Minimum invoice total is $2,000.
- You may take up to 6 months to pay the balance (monthly payments of at least 1/6th of invoice total).
- Interest is calculated at only 1% per month (12% annually) on the unpaid balance, and must be kept current.
- Minimum down payment is 20%.
- Payments (including the down payment) must be made on-time per your specific EPP schedule (there will be a brief grace period).
- Payments must be made using one or a combination of the following payment methods: cash, check, cashier's check, eCheck, money order, bank draft, bank wire or PayPal.
- There is no penalty for paying off early.
- Non-dealers only
All traditional sales policies still apply. Due to the nature of the business and market volatility, there is no return privilege once you have confirmed your sale, and penalties can be incurred on cancelled orders.
SMS Alerts
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Receive a text message approximately 35 lots ahead of your item being up for bidding at auction, with a link to bid in Heritage Live in the text message. Haven't registered? Visit MyProfile to sign-up for free by entering your mobile number. The green icon indicates Live Bidding Text Alerts are on for that lot. Live Bidding Text Alerts are only available for lots in live sessions.
| Sold for: | Sign-in or Join (free & quick) |
| Auction Ended On: | Aug 12, 2011 |
| Item Activity: |
7 Internet/mail/phone bidders
 4,669 page views |
| Location: |
Marriott - Chicago O Hare 8535 W. Higgins Road Chicago, IL 60631 |
Unique 'Platina' or 'P-Punched'
Brand-Judd Specimen
The holder describes this piece as the "Judd Plate Coin," and it was pictured in earlier editions of Judd (who also previously owned the coin), though more recent editions substitute images of the test-cut Smithsonian specimen. The existence of the third specimen is more speculative and sourced to a Walter Breen catalog write-up for a 1974 Pine Tree auction.
It is almost certain that the 1814 platinum half dollar, unlike most of the other Judd-listed patterns for the pre-steampower U.S. Mint era, was struck in the same year as its date. A summation of the evidence is that the die state and edge lettering are consistent with an 1814 origin, and that the die state is less advanced than what is seen on a number of silver O-107 1814 half dollars. A more complete listing of the die state evidence can be found in Bowers and Merena's Logan/Steinberg catalog from November 2002.
Beyond the die state evidence, the newness and relatively low value of platinum in 1814 would have made it a legitimate metallurgical test for the U.S. Mint at the time; the metal was not extremely valuable until the late 1800s, when it became established as precious. (When the United States made its first official platinum coinage in 1997, it consisted of the bullion series of platinum American Eagles.)
NGC chose not to assign a grade to this pattern specimen, though the Bowers and Merena cataloger rated it as "AU-50." The numerous obverse punches have impacted the luminous reverse, and a staple-type scratch crosses between stars 5 and 6 on the softly struck obverse. As one of the great rarities in the pattern series, however, condition is all but irrelevant for this example, and the overall eye appeal is decent considering what the coin is.
Ex: R. Coulton Davis; George Woodside; Virgil M. Brand; Dr. J. Hewitt Judd; Abe Kosoff (1962 Illustrated History Auction), lot 73; Pine Tree (9/1974), lot 1419; possibly Jelinski (per Seventh Edition of Judd); Auction '88 (Rarcoa), lot 1845; 1991 ANA Auction (Bowers and Merena, 8/1991), lot 2619; Gerald Schertz; Russell J. Logan (1994 Private Treaty); Logan/Steinberg (Bowers and Merena, 11/2002), lot 2316, which realized $50,600. (PCGS# 11150)
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