NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2003 Jun 07 @ 09:00UTC-08:00 : PST/AKDT
<b>Assay Gold</b><hr><b>Impressive $50 'Slug'</b>
<b>1851 Augustus Humbert, United States Assayer $50 'Slug,' .880 Thousand, About Uncirculated-50.</b>
Target reverse, with fine engine-turning on the reverse (an olden-day version of the Spirograph). Slightly dullish luster, most likely from an old cleaning or dipping. This example is very well struck, very clean, and relatively free of marks. Most importantly, the corners are in good shape and none have been repaired or artificially improved. This big, impressive hunk of gold was struck by Moffat & Co. as subcontractors for the U.S. Assay Office, with Augustus Humbert as the resident Assayer. $50 'Slugs' (as they are known) are among the most sought-after of all U.S. coins and few collections have even a single example. The $50 gold pieces were the largest denomination gold coins produced in the gold fields of California and they helped satisfy the demand for coins in the years before the establishment of the Mint at San Francisco.
Auction Location:
United States
Previewing Details:
Lots may be previewed by Special Arrangement. Please call us at 1-858-759-3290 to discuss the details
California residents add 7.25% sales tax; San Diego County residents add 7.75% sales tax. Numismatic Sales over $1,000 are exempt from California sales tax.
Additional Fees:
Shipping Details:
Will only ship to some locations. See Terms & Conditions. See item description for shipping charges.
Payment Details:
Visa/MasterCard, American Express, Discover, Money Order/Cashiers Checks, Personal Checks
<p>1. This is a Mail Bid, Phone & Fax Auction, Closing Date: June 7, 2003. Mail, Phone & Fax Bids accepted, these absentee bids will be executed over eBay Live Auctions on Sunday, June 8th, beginning at 10 AM Pacific Time. The sale is conducted in accordance with the regulations of the State of California and the City of San Diego.
<p>2. A 15% "Buyer's Premium" will be added to the final "hammer price" of each lot. All bids placed through eBay Live Auctions will carry a 20% "Buyer’s Premium.Ó This Sum will be the Purchase Price. Consignors who purchase lots, even if they own them, are subject to this fee in addition to the contracted "Seller’s Fee". An additional 2.5% Service Fee will be added to ALL Invoices paid by Credit Card.
<p>3. MAIL, FAX and PHONE BIDS will be accepted. The signed original bidder form must immediately follow in the mail marked "Faxed or Phoned”, with date at top.
<p>4. Auction sales are sold strictly for cash in U.S. Funds. Lots will be sold in even dollar amounts. Shipping, Handling and Insurance costs will be added to each invoice and are the responsibility of the buyer. California residents add 7.25% sales tax; San Diego County residents add 7.75% sales tax. Numismatic Sales over $1,000 are exempt from California sales tax. Returned check fee - $25 per occurrence.
<p>5. We feel our estimates reflect fair market values, all bids entered below any "Low estimateÓ, including any requested increases, will not be reduced. EAHA and its owners expressly reserve the right to bid upon and/or consign items in this sale. We represent and bid for both mail bidders and consignors. Some lots may carry a reserve.
<p>6. This is NOT AN APPROVAL SALE. If you do not intend to buy, please do not bid! Bids below 60% of Low Estimate are typically considered frivolous and may not be entered. The auctioneer reserves the right to reject any bid and withdraw any lot without recourse or notification to bidders. Certain credit terms must be arranged and confirmed in writing, well in advance of bidding. Bidders agree to allow EAHA to report information about how they handle their account to others, including credit reporting agencies.
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<p>9. When identical mail bids are received, preference is given to the first bid. Official results will be announced on the Tuesday following the sale date, as all bids and final bid sheets are checked and audited on Monday. No results, verbal or otherwise, are valid or binding until the official results have been published.
<p>10. Grading is a subjective description. It is the opinion of the cataloguer as to the state of preservation of a particular coin or lot. The grading standards used in this catalogue are derived from the numismatic field and may differ from those used in other specialty areas. The term "proof” is used to describe a method of manufacture and is not a grade or condition. Such terms are the opinion of the cataloguer and shall be deemed to be part of the description and not an attribution. No warranty, whether expressed or implied, is made with respect to any grade, condition, or other adjectival descriptions, which can and do vary, even among experts. No warranty, whether expressed or implied, is made that any specific item in this sale will subsequently be graded the same way by any third party or other grading service, or to its merchantability. All lots Certified by PCGS, NGC, ANACS, PCI, CGA, the Philatelic Foundation, or any independent grading service are sold "As Is” and are absolutely not returnable. Bidders inspecting lots prior to the sale will not be granted any return privileges, except for reasons of authenticity. All group lots and framed items are sold "AS IS” and are not returnable.
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<p>12. The auctioneer reserves the right to postpone or delay the auction, for a reasonable period of time, due to any significant, relevant event which, in the sole judgment of the auctioneer, makes it inadvisable to hold the auction as scheduled, without recourse from any bidder or prospective bidder.
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<p>14. If a lot is found to be substantially non-conforming having a material error in its catalog description, thereby significantly reducing its value, the purchaser must notify EAHA, in writing, within three days of receipt. In any event, we must receive the lot back for re-inspection within 30 days of our auction date. After that 30 day period, no lot may be returned. The lot must remain in its original, sealed auction holder. Final determination of such claim’s merit rests solely and absolutely with the auctioneer. Any and all return privileges may be voided, at EAHA’s discretion, if payment is not received by EAHA within 30 days after the auction date. Any dispute after the settlement date (45 calendar days after the sale date) is strictly between the bidder and consignor without responsibility of the Auctioneer. If the consignor has already been paid for the lot(s) in dispute, Auctioneer shall pay the original purchaser the amount of our commissions, any other sale proceeds to which we are entitled and applicable taxes received from the purchaser on the sale and make demand on the consignor to pay the balance of the original purchase price to the original purchaser. Should the consignor fail to pay such amount promptly, Auctioneer shall disclose the identity of the consignor and assign to the original purchaser our rights against the consignor with respect to the lot(s) the sale of which is sought to be rescinded. Upon such disclosure and assignment, any liability of EAHA as consignor’s agent with respect to said lot(s) shall automatically terminate. Photographs should be considered a part of the description and any defects visable in the photograph but not mentioned in the written description cannot be used as a basis for return.
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