1853 $1 Restrike Seated Dollar 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.
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.
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.)
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.
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 $9) 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.
- 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:
- There is no penalty for paying off early.
- Non-dealers only
- With pre-approved credit application
- Get pre-approved by filling out a credit application.
- Bid normally and win some lots.
- When you get your electronic invoice, select "other" from the payment options.
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.
- Minimum down payment is 20%.
- 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.
In addition to the seven pieces itemized here, there are probably three or four others that exist. In the August 2006 issue of the "Monthly Supplement" for the Coin Dealer Newsletter, Duncan Lee mentioned that "this issue has been surprisingly difficult to find in proof. Based on the combined census, the 1853 rates among the top five rarest issues." David Akers comments that seven to 10 examples survive from a mintage of 15 to 20 coins.
1. PR66 Cameo. The present coin. New Netherlands Coin Co. (7/1944); John Jay Pittman (David Akers, 5/1998), lot 1685; Kaufman Collection.
2. PR65. E.E. Lamb Collection (B. Max Mehl, 2/1947), lot 350; Floyd Starr (Stack's, 10/1992), lot 597.
3. PR63 ANACS. Superior (10/2000), lot 4394; Heritage (7/2005), lot 10269; Heritage (1/2007), lot 1065.
4. PR62 PCGS. Butterfield (1/1997), lot 3705. Described with dull grayish-gold toning, but unfortunately, this piece was not illustrated.
5. PR62 NGC. Richmond Collection (David Lawrence, 11/2004), lot 1518; Rod Sweet Collection (Bowers and Merena, 7/2005), lot 1014. Possibly the same as the Butterfield coin, above.
6. Proof. Amon Carter Collection (Stack's, 1/1964), lot 262.
7. Proof. Ely Collection (W. Elliot Woodward, 1/1984), lot 122; Garrett Collection (Stack's, 3/1976), lot 271.
Numerous die polish lines in the fields are faint but visible. The obverse has short die file lines down from the base of Liberty, just above the date. Others are visible at certain points along the border. The serif of the 1 is doubled below. Unfinished die work can be seen below Liberty's chin, much like the business strike die. The other die characteristics are mentioned by Bowers for the proofs. The reverse is well made with few die defects.
The 1853 proof Seated dollars are all considered restrikes (technically novodels, as there are no associated original examples), most likely produced in the early 1860s. David Akers explains that an article written by George F. Jones in 1860, appearing in the Coin Collectors Manual of that date, did not mention 1853 proof dollars. It is believed that these pieces were not struck until the 1870s. The reverse border has a diagonal die line over NI of UNITED, the only identifying characteristic.
Full silver mint brilliance is present on both sides of this piece with barely a wisp of champagne toning. The fields have a few faint hairlines with some insignificant slide marks on Liberty's knee. Extraordinary deep mirrors frame the mint frost that covers the devices on both sides. A delectable Premium Gem sure to please the connoisseur. The Kaufman piece is the only 1853 dollar certified as a cameo by NGC (6/07).
From The Phil Kaufman Collection of Early Proof Sets, Part One. (#86996) (PCGS# 86996)
Service and Handling Description: Coins & Currency (view shipping information)