1850 $1 PR66 Cameo NGC....
Bid InformationFor 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 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.
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 BiddersThis 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.
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.
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.
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).
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.
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.
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.
BP - Buyer's Premium per LotA 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 SoldThis 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.
- Minimum invoice total is $2,500.
- You may take up to four (4) months to pay the balance (monthly payments of at least 1/4th 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 25% within two weeks of the sale date. All down payments made beyond this 2 week window will require a 35% down payment, and the term will be shortened to 3 months.
- Subject to a refundable 3% set-up fee, which will be paid as part of your 1st monthly installment. This fee will be refundable upon completion of the plan if the following conditions are satisfied:
- All payments (including the down payment) must be made on-time per your specific EPP schedule (there will be a brief grace period).
- All payments must be made using one or a combination of the following payment methods: cash, check, cashier's check, eCheck, money order, or bank draft.
- There is no penalty for paying off early.
- Non-dealers only
- With pre-approved credit application
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.
- Get pre-approved by filling out a credit application.
- Bid normally and win some lots.
- Heritage will maintain possession of all the lots until paid in full. Therefore, you must notify us of your intent to use our Extended Payment Plan on or before the day of the auction. All pre-shipped material must be returned to Heritage in order for the plan to be in effect.
- When you get your electronic invoice, select "other" from the payment options.
- Send an e-mail to EPPGroup@HA.com indicating the invoice number and your intention to use the Extended Payment Plan.
Note: This offer may not be available on some items.
Terms and Conditions
Extended Payment Plan for Heritage Owned Inventory Items(excludes Virtual Bourse, Comic Market and Virtual Sports Show)
- 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).
- 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
SMS Alerts- 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.
Note: The extra increment won't be placed until the item is up for live bidding, so it is possible that you could be outbid by a bid placed prior to live bidding, such as another proxy bid, live proxy bid, mail bid, etc., which could result in your losing the lot by that one increment. For the same reason, it is also possible that a currently losing bid with bid protection placed could potentially win the lot once the lot is subject to live bidding and the Bid Protection increment(s) is placed.
The Kaufman coin is the variety with the open 5 in the date, which also has the base of the 0 double-punched and die file marks at the rim below 50. Bowers indicates that other Open 5 specimens include the Garrett Collection coin (now in the American Numismatic Society Collection) and the Floyd T. Starr Collection piece. A later die state of the Open 5 variety displays a heavy crack through the base of the date.
Bowers recognizes a second variety of the 1850 proof dollar--the closed 5 that lacks repunching at the base of 0 in 1850. The reverse exhibits die file marks filling most of the shield interstices. Two arrows are joined, and faint die cracks are usually seen through ON of ONE and TED of UNITED. Bowers notes that the Byron Reed 1850 proof dollar is of this variety.
Following is a roster of 1850 proof dollars based on a comprehensive review of available plated auction catalogs:
1. PR66 Cameo. The present coin, which appears to match none of the specimens listed below. Phil Kaufman Collection (Heritage, 1/2008), lot 1152.
2. PR66 NGC. T.J. Schaeffer, Noble, PA; Floyd T. Starr (Stack's, 10/1992), lot 593; Morris Silverman Collection (Heritage, 4/2002), lot 4077; Rod Sweet Collection (Bowers and Merena, 7/2005), lot 1011; Jack Lee; Heritage (11/2005), lot 2238; Heritage (2/2006), lot 23395.
3. PR66 NGC. American Numismatic Rarities (8/2004), lot 583; American Numismatic Rarities (1/2005), lot 681.
4. PR64 Cameo NGC. Richmond Collection (David Lawrence, 11/2004), lot 1515.
5. PR64 PCGS. Amon Carter Collection (Stack's, 1/1984), lot 258; Heritage (5/1990), lot 972; Heritage (10/1995), lot 6061.
6. PR64 PCGS. George H. Earle, Jr. (Henry Chapman, 6/1912); J.M. Clapp; Clapp Estate; Louis E. Eliasberg, Sr.; Eliasberg Estate (Bowers and Merena, 4/1997), lot 2217; Goldberg Coins (2/2003), lot 716.
7. PR64 PCGS. Stack's (3/1995), lot 186; Superior (10/2000), lot 4391; Dr. John L. Pellegrini Collection (Heritage, 7/2005), lot 10265.
8. PR64 NGC. Bowers and Merena (6/1990), lot 701; Bowers and Merena (5/1995), lot 1220.
9. PR64 NGC. Superior (6/1987), lot 1958; Superior (9/1993), lot 1311; Bowers and Merena (5/1995), lot 1221; Heritage (9/1996), lot 6348.
10. PR64 NGC. Bowers (12/1977), lot 5845; L.R. French, Jr. Family Collection (Stack's, 1/1989), lot 30; Queller family; Central States Signature (Heritage, 4/2008), lot 2147.
11. PR64. Bowers (10/1977), lot 1063; Heritage (8/1998), lot 8196; Bowers and Merena (11/2002), lot 4058; Goldberg Coins (2/2003), lot 717.
12. Proof. New Netherlands Coin Co. (privately, 7/1944); John Jay Pittman (David Akers, 5/1998), lot 1681.
13. PR63 NGC. Stack's (9/1974), lot 42; Bowers and Merena (7/2005), lot 701.
14. PR63 NGC. Superior (10/1989), lot 3825; Heritage (8/1995), lot 6553
15. PR63. Norweb Collection (Bowers and Merena, 11/1988), lot 3793.
16. PR62 PCGS. Goldberg Coins (5/2001), lot 866; Heritage (7/2003), lot 8284.
17. PR61 NGC. Long Beach Signature (Heritage, 5/2008), lot 943.
18. Proof. Randall Collection (W. Elliot Woodward, 9/1885), lot 75; Garrett Collection (Stack's, 3/1976), lot 267.
19. Proof. Stack's (10/1995), lot 701; Stack's (3/1996), lot 512
20. Proof. Kreisberg (11/1976), lot 1122.
21. Proof. Stack's (12/1974), lot 831
22. PR60 ANACS. Heritage (6/1995), lot 5671; Heritage (1/1996), lot 5639; Heritage (3/1996), lot 6491; Heritage (9/1996), lot 6347.
23. Proof, polished. Bowers (2/1979), lot 832.
A. Proof. Stack's (5/1992), lot 2710. Not plated.
B. Proof. Frederick Geiss (B. Max Mehl, 2/1947), lot 345. Not plated, possibly to Carter.
C. Proof. Byron Reed; Omaha City Library. Lot 378 in the Christie's sale of items from The Byron Reed Collection is an 1850 silver dollar described as deeply toned with prooflike surfaces. It is likely the coin that Breen mentioned in his Proof Encyclopedia.
D. We are also aware of 10 or so other 1850 proof dollar appearances in catalogs that are not accessible to us, or are not plated.
Majestic untoned surfaces on this Premium Gem yield a stunning white-on-black appearance that jumps out at the observer. A complete strike shows full delineation on all points of the design elements, which further accents the incredible field-to-device contrast. Die polish lines are located in the fields, particularly on the obverse, where they are heavy. A minute mark on Liberty's right (left facing) wrist and a minuscule spot on the thigh to the upper right of the shield may aid in the identification of this coin for future catalogers. An incredibly captivating Cameo that is sure to capture the attention of proof Seated Liberty aficionados.
From The Bay State Collection, Part Two.(Registry values: P2) (PCGS# 86991)
Service and Handling Description: Coins & Currency (view shipping information)