Opening Bid :
Current Bid:
Reserve Amount:

Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %s.

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %s has been outbid.

Your secret maximum bid of %s does not meet the reserve.

You have been outbid on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Category: All Auction Archive Items > Proof Seated Dollars Switch to Old Search Feature

Previous Lot | Auction Home | Next Lot      Jump to Lot:
Lot: 2393
Auction: 1104   		1851 $1 Restrike PR66 Cameo NGC....
  • Track this lot. You are tracking this item ... updating ... (stop tracking)
  • Add to MyWantlist
 
 
 

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.

Opening Bid

The opening bid is the minimum amount required to begin bidding, and is generally a percentage of the low estimate.

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 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. However, for Internet bids, these increments only apply to the current bid. 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, sometimes only $1 above the previous increment.

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.
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 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.

What's This?

Our Auction Results Archives are not only the best resource for market research, but now you have the opportunity to acquire very rare items that may not be auctioned again for some time by making an anonymous offer that will make the owner sell. Items labeled "Buy Now" indicate that the owner has set a price that would make them sell.

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 service is free to the buyer, protects the identity of both parties, and allows offers and counter-offers. You will receive a response within 72 hours.


View Larger Image

Sold for: Sign-in or Join (free & quick)
Ended: Apr 16, 2008
  Printable Version of Prices Realized for this Auction
 
Buyer's Premium: 15% of the successful bid (minimum $9.00 per lot)
Description
Elegant 1851 Dollar Restrike, PR66 Cameo
The Finest Known Specimen


1851 $1 Restrike PR66 Cameo NGC. Ex: P. Kaufman. The Phil Kaufman 1851 Restrike proof Cameo dollar is the finest of the 45 coins certified by NGC and PCGS, and one of just eight pieces given a Cameo designation. The Restrike silver dollars are sometimes referred to as the "Centered Date" dollars, compared to the higher date position of the Original strikes. It is generally thought that all 1851 Original dollars were produced as business strikes, while all 1851 Restrike dollars were coined as proofs.
Relatively little is known about the origin of these restrikes. Some numismatists hold that Mint employees made them in the late 1850s for personal gain by satisfying collector demand. Another theory is that the Mint purposely made them to provide a trading stock with collectors for additions to its numismatic collection.
Not only is the origin of the 1851 proof Restrike dollars controversial, but so are the mintage and survival estimates. Production estimates range from 30-100 pieces, while the number surviving ranges from fewer than 30 to 60 or more. Based on the certified population of 45 coins, some likely resubmissions or crossovers, and at least 60 or so auction appearances over the last 20 years, many likely duplicates, we put extant specimens in the 25-35 range. The following roster more or less reflects this estimate:

1. PR66 Cameo NGC. The Kaufman piece. 1976 ANA Sale (Stack's, 8/1976), lot 1379; 1998 ANA Sale (Heritage, 8/1998), lot 8199.
2. PR65 PCGS. Share (Sunshine) Collection (Superior, 9/2003), lot 2089; Rod Sweet Collection (Bowers and Merena, 7/2005), lot 1012.
3. PR64 Cameo NGC. The Rarities Sale (Bowers and Merena, 8/1996), lot 228; Dr. Richard Ariagno Collection (Ira and Larry Goldberg, 6/1999), lot 416; Dallas Coin Auction (Heritage, 4/2007), lot 987. A lint mark at star 1 and a spot under F of OF and A of AMERICA are visible on the plates.
4. PR63 NGC. The Worrell Collection (Superior, 9/1993), lot 1313.
5. PR63 Deep Cameo PCGS. Central States Numismatic Society Sale (Heritage, 5/2005), lot 7368.
6. PR63 Cameo PCGS. Charlotte National Money Show sale (Heritage, 3/2007), lot 948.
7. PR62 PCGS. The Piedmont sale (Superior, 1/1996), lot 1569; Gainsborough Sale II (Superior, 2/1997), lot 1362. Catalogers say of 1997 appearance: "Previously in PCGS holder."
8. PR62 PCGS. The Rarities Sale (Bowers and Merena (9/2002), lot 373. The obverse plate shows a stain-like spot above Liberty's foot.
9. PR62 NGC. Richmond Collection II (David Lawrence Rare Coins, 11/2004), lot 1516; Central States Numismatic Society Sale (Heritage, 5/2005), lot 7637.
10. PR62 PCGS. The Bunting Collection (Stack's, 10/2007), lot 5256. The obverse plate shows a spot between 1 and 8 at top, and another to the left of star 2 (these are also mentioned by the catalogers).

Additional Appearances
A. Choice Brilliant Proof. James A. Stack, Sr. Collection (Stack's, 3/1995), lot 188; David Queller Family Collection (Stack's, 3/1997), lot 681.
B. Choice Brilliant Proof. The L.K. Rudolf Collection (Stack's, 5/2003), lot 2110.
C. PR63. The Norweb Collection (Bowers and Merena, 11/1988), lot 3798.
D. Brilliant Proof 63. Dr. Jack A. Adams Collection (Superior, 5/1992), lot 2140.
E. PR63 PCGS. Kenneth C. Long Collection (Bowers and Merena, 5/1995), lot 1223.
F. PR63 PCGS. The Rarities Sale (Bowers and Merena, 7/2005), lot 703.
G. PR63 PCGS. The Glode M. Requa Collection (American Numismatic Rarities, 9/2006), lot 445.
H. PR60. The Louis E. Eliasberg, Sr. Collection (Bowers and Merena, 4/1997), lot 2219.

Elegant cameo contrast on Kaufman's Premium Gem jumps out at the viewer, regardless of the angle of observation. The mélange of delicate cobalt-blue, lavender, and champagne-gold patina in the fields fails to diminish either their reflectivity or their elegant cameo contrast. Light gold central devices serve to heighten even more the field-motif variance, enhancing the already stunning eye appeal. A well executed strike sharpens the design elements, save for minor softness on the centrils of the upper two stars. Finally, impeccably preserved surfaces leave little in the way of pedigree identifiers. Only an inoffensive spot beneath the ER of AMERICA and another under RI provide minimal help in this regard.
From The Phil Kaufman Collection of Early Seated Proof Sets, Part Three. (#86993) View Entire Collection.
Auction Name: 2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104
Description: Heritage Numismatic Auctions offers U.S. and World coins, medals, and tokens in our Signature Auctions & Final Session Sales, held in conjunction with some of the largest numismatic conventions. These sales feature award-winning cataloging and photography. Call or e-mail one of our Consignment Directors to learn about selling through Heritage.
Auction Type: Signature !! Heritage Live:
After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)

Signature Floor Sessions
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.

Item Activity: 5 Internet/mail bidders, 1,434 page views



Previous Prices from Heritage Auctions
Lot Date Grade Service Realized

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)

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. Example: A item that sells with a final hammer price of $100 and a 15% buyer's premium will display with a price realized of $115. 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.

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)

Price Guide
Sign-in or Join (free & quick)

Population Guide
Sign-in or Join (free & quick)

Find Auction Prices for Comparable Items
Heritage Auction Archives

Prices realized from past auction lots.
Great valuation tool!

Photographs

Sign-in or Join (free & quick) to see the full image

Previous Lot | Auction Home | Next Lot      Jump to Lot:
Go to Top


Add Item to MyWantList™
Description Grading Service Low Grade High Grade  

Please Wait

Loading.......

Heritage delivers Value - $694,500,693 sold at auction and in private treaty sales over the past 12 months.

Our 265,663 Coin bidder-members and 480,027 Heritage bidder-members overall (from 164 countries) enjoy all these free benefits:

  1. Bid on-line
  2. Free Collector newsletter
  3. Want List with instant e-mail notifications
  4. Auction Archives (prices, photos, full descriptions, etc.)
  5. Hall of Fame
  6. Reduced auction
    commissions when
    you resell your
    winnings 

Members Sign In

Free Newsletter and Announcements!

Quality Consignments Wanted

Only 34 days left to consign to the 2010 February Long Beach, CA Singature US Coin Auction!

We expect to have one of our Consignment Directors visiting your area soon. Please call to arrange an appointment.

E-mail Leo Frese or call
1-800-872-6467 x1294

Video Video: Why Consign?

View traffic of HA.com vs. other auctions on Compete.com

In The News

sss
Cross Promotion

Don't miss out!
Get e-mail notifications in all of your areas of interest.