1844 10C PR64 PCGS....
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Minimum Next BidBid 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.
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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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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.
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.
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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.
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).
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.
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Extended Payment Plan for Heritage Owned Inventory Items(excludes Virtual Bourse, Comic Market and Virtual Sports Show)
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|Auction Ended On:||Jan 10, 2008|
3 Internet/mail/phone bidders
702 page views
Orange County Convention Center
The business strike 1844 Seated dime, produced to the extent of 72,500 pieces, is, according to Greer's Completed Guide to Liberty Seated Dimes, "not as tough as the 1846 [but] it is still scarce in all grades. Rare in XF. Currently under very heavy demand." Of course, as a proof coin with possibly only seven pieces surviving, the present piece is immeasurably rarer than the business strikes. Both sides display considerable luster, with champagne-pink, ice-blue, and silver surfaces that cede to darker peripheral areas of russet-gray. There are a couple of paper-thin straight hairlines in the obverse fields, visible only under a loupe. The strike is expectedly sharp, with squared-off rims on each side. Liberty's head details, gown clasp, sandals, and the star centrils on the obverse are all well articulated, and neither is there any weakness visible on the reverse.
Some cameo effect is noted on each side, although unmentioned on the PCGS encapsulation. The date is entered high in the die, and slopes upward a bit from left to right, so that the last 4 in the date is nearer to Liberty's rock than the 1. The pendant on Liberty's gown is a bit to the left of the upright of 4 in the date, and the shield is upright. The bottom left serif of the 1 in the date is over the right side of a dentil.
This stunning and exceedingly rare coin, a legendary rarity, should appeal both to collectors of early proof type coins, as well as to the legions of Seated Liberty collectors. Population: 2 in 64, 1 finer (12/07).
Ex: Heritage (12/1986), lot 362; Heritage (7/2003), lot 6568, as PR63 PCGS; upgraded to PR64 PCGS. (NGC ID# 23BY, PCGS# 4731)
Service and Handling Description: Coins & Currency (view shipping information)