14
Scarce 1807 $5, NGC MS62, BD-8, R.2 (67172)
Currency:USD
Category:Coins & Paper Money / US Coins
Start Price:5,000.00 USD
Estimated At:10,000.00 - 18,000.00 USD
SOLD
11,000.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2013 Sep 12 @ 10:10UTC-7 : PDT/MST
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
BD-8 die marriage, and BassDannreuther Die State c/a. Straw-gold coloration throughout, with semi-prooflikeness in the protected areas. A please Uncirculated survivor. In all grades combined, NGC has certified a mere 242 examples of this date. Compare that to--let's say--the key date 1909-S VDB cent, where well over 7,000 coins have been graded by NGC. Early U.S. gold remains one of the most underrated areas in numismatics. The values listed in price guides are disproportionate relative to the number of extant examples, and are mainly driven by supply and demand: the supply is low, but so is the demand. It is only a matter of time before collectors realize how relatively rare early U.S. gold coins truly are.
Auction Location:
1910 South Coast Highway, Laguna Beach, California, 92651, United States
CA residents will pay the mandatory 8% sales tax if applicable. Coin, currency and bullion purchases over $1,500 are sales tax exempt in California.
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
17.5% |
Additional Fees:
Shipping Details:
Shipping expenses are the high bidder's responsibility. The costs vary depending on the combined value of each bidder?s lots, as well as size, weight, and special handling issues. Please contact us before or after the sale for more information. Bidders are also permitted to pick-up winning lots at our gallery, by appointment. Most coin and currency lots will ship for $20 or less.
Payment Details:
No Info Available
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Terms of Sale
Special Note: With regard to all gemstones (other than diamonds) in this auction, no warranty is made as to the exact type of stone. Opinions may be included in the descriptions, although we do not guarantee the type of stone, origin of the stone, or whether a stone has been treated or enhanced in any way. Descriptions are based solely on color and no testing has been performed unless otherwise stated. All value estimates on jewelry lots assume no value for stones, with the exception of diamonds. This is estate merchandise and therefore it is possible that the stones included are more valuable than the estimates would indicate.
1. This is a public auction sale conducted in California, by bonded Auctioneers. The bonded Auctioneer is Tangible Investments, LLC (hereinafter referred to as Auctioneer and at times as Tangible).
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20. Tangible will not assume responsibility for the shipping and packaging of certain larger items or items of a more fragile nature sold in this sale as determined by Tangible. It is the Bidder's responsibility to contact Tangible after the sale to make shipping and packaging arrangements. Due to the fragile nature of some lots, Tangible may be forced to charge additional shipping and handling. Lots indicated as being framed are shipped at the Bidder's risk. The cost of shipping and insurance is the responsibility of the Bidder.
21. DISCLAIMERS AND WARRANTIES: ALL ITEMS OFFERED IN THIS CATALOGUE ARE GUARANTEED TO BE AUTHENTIC. THIS IS A LIMITED WARRANTY THAT THE ITEM SOLD IS NOT COUNTERFEIT AND THAT ITS DATE OR MINTMARK HAS NOT BEEN ALTERED. ANY OTHER WARRANTY IS EXPRESSLY DISCLAIMED; THERE IS NO REPRESENTATION OR WARRANTY THAT A NUMISMATIC ITEM HAS OR HAS NOT BEEN CLEANED; THAT ANY TONING IS NATURAL OR ARTIFICIAL; THAT ANY ITEM WILL MEET THE STANDARDS OR GRADE OF ANY INDEPENDENT GRADING SERVICE; THAT ANY ITEM HAS A PARTICULAR PROVENANCE OR PEDIGREE, OR THAT AN ITEM IS STRUCK OR PRODUCED IN A PARTICULAR STYLE. ANY STATEMENT CONCERNING THIS IS A MATTER OF OPINION ONLY. NO WARRANTY, WHETHER EXPRESSED OR IMPLIED, INCLUDING A WARRANTY OF MERCHANTABILITY IS MADE WITH RESPECT TO ANY GRADE DESCRIPTION WHICH IS ONLY AN OPINION THAT IS LIKELY TO DIFFER, EVEN AMONG EXPERTS. PURCHASER HEREBY ASSUMES ALL RISKS CONCERNING AND RELATED TO THE GRADING OF A LOT.
a. All sales of items (1) viewed by Bidders in advance of a sale, even if the sale is by mail, internet or telefax; or (2) bid upon by Floor Bidders, Telephone Bidders and Bidders who present Tangible with a resale certificate, out of state resale certificate, or similar evidence in acting as a dealer; ARE FINAL AND MAY NOT BE RETURNED, WITH THE EXCEPTION OF ITEMS THAT ARE CATALOGED ERRONEOUSLY (i.e. TYPOGRAPHICAL ERRORS), OR DEEMED TO NOT BE AUTHENTIC. THE STANDARD 14-DAY RETAIL RETURN POLICY STATED BY TANGIBLE INVESTMENTS LLC IS VOID FOR ALL AUCTIONS.
b. Any and all claims that an item is not authentic, must be made in writing to Tangible within five (5) calendar days after receipt of the item.
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e. Grading or condition of rare coins may have a material effect on the value of the item(s) purchased; and the opinion of others (including independent grading services) may differ with the independent grading services opinion or interpretation of Tangible. Tangible shall not be bound by any prior, or subsequent opinion, determination or certification by any independent grading service.
f. Questions regarding the minting of a coin as a proof or as a business strike relate to the method of manufacture and not to authenticity.
g. All oral and written statements made by Tangible and its employees (including affiliated and related companies) are statements of opinion only, and are not warranties or representations of any kind, unless stated as a specific written warranty, and no employee or agent of Tangible has authority to vary or alter these Terms and Conditions of Sale. Any alteration shall be effective only if in writing and signed by an officer of Tangible authorized to do so.
h. Bidders shall have no recourse against the Consignor for any reason whatsoever.
i. Notwithstanding anything to the contrary in these Terms and Conditions of Sale, COINS LISTED IN THIS CATALOGUE GRADED BY PCGS, NGC OR ANACS CACHET, OR ANY OTHER THIRD PARTY GRADING SERVICE MAY NOT BE RETURNED FOR ANY REASON WHATSOEVER.
22. Tangible reserves the right to withdraw any lot at any time, even after the hammer has fallen, until the Bidder has taken physical possession of the lot. No Bidder shall have a right to claim any consequential damages if a lot is withdrawn, even after the auction sale. Auctioneer will have the final discretion to determine the successful bidder, cancel the sale, withdraw the item, or to reoffer and resell the article during or in a future sale or return it to the consignor. If any dispute arises after the sale, the Auctioneer's decision is conclusive.
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27. Bidder expressly consents to the following Waiver and Release: Bidder, for himself, his heirs, agents, successors and assigns, generally and specifically waives and releases, and forever discharges Tangible, and its respective affiliates, parents, shareholders, agents, subsidiaries, employees, members of their respective boards of directors, and each of them, and their respective successors and assigns from any and all claims, rights, demands and causes of action and suits, of whatever kind or nature, whether in law or equity, whether known or unknown, suspected or unsuspected, which Bidder may claim to have with respect to and/or arising out of, or in connection with any challenge to the title to any goods purchased, the sale itself, and/or the auction, except where such reimbursement is otherwise authorized in these Terms and Conditions of Sale.
It is the intention of Bidder that this waiver and release shall be effective as a bar to each and every claim, demand, cause of action and suit that may arise hereunder, and Purchaser hereby knowingly and voluntarily waives any and all rights and benefits otherwise conferred upon him by the provisions of Section 1542 of the California Civil Code, which reads in full as follows:
A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.
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30. If a dispute arises concerning ownership of a lot that has been bid upon, Tangible reserves the right to commence a statutory interpleader proceeding at the expense of the Consignor and successful Bidder and any other applicable party, and in such event shall be entitled to its reasonable attorneys' fees and costs.
31. All photographs in this catalogue are of the actual items being sold but may not be the actual size or to scale.
32. Tangible reserves the right to postpone the auction sale or any session thereof for a reasonable period of time for any reason whatsoever. No Bidder shall have any claim as a result thereof, including incidental or consequential damages.
33. Neither Tangible nor any affiliated or related company shall be responsible for incidental or consequential damages arising out of any failure of the Terms and Conditions of Sale, the auction or the conduct thereof and in no event shall liability for any such failure exceed the purchase price, premium, or fees paid.
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35. If the Bidder fails to comply with one or more of these Terms and Conditions of Sale, then, in addition to all other remedies which it may have at law or in equity, Tangible may at its sole option, either (a) cancel the sale, retaining all payments made by Bidder as liquidated damages, it being recognized that actual damages may be speculative or difficult to compute, or (b) sell a portion or all of the lot(s) held by Tangible, in a quantity sufficient in the opinion of Tangible to satisfy the indebtedness, plus all accrued charges. More than one such sale may take place at the option of Tangible. Notice of the sale shall be by U.S.P.S. Certified Mail, Return Receipt Requested to the address utilized on the Bid Sheet, Auction Consignment and Security Agreement or other last known address by Tangible. Such sale will be at Tangible's standard commission rates at public or private sale. The proceeds shall be applied first to the satisfaction of any damages occasioned by Bidder's breach, then to any other indebtedness owed to Tangible, including without limitation, commissions, handling charges, the expenses of both sales, reasonable attorneys' fees, costs, collection agency fees and costs and any other costs or expenses incurred. Bidder is also liable to Tangible if the proceeds of such sale or sales is insufficient to cover the indebtedness.
36. These Terms and Conditions of Sale and the auction shall be construed and enforced in accordance with, and governed by, the laws of the State of California, regardless of the location of the Auction Sale. Bidder acknowledges and agrees that the competent courts of the State of California shall have exclusive jurisdiction over any dispute(s) arising hereunder, and Bidder hereby agrees that any dispute arising hereunder shall be litigated exclusively in the courts of the State of California, regardless of any party's current or future residence or domicile. Bidder further agrees that venue shall be in the Tangible Court for Orange County, in the State of California.
37. If any section of these Terms and Conditions of Sale or any term or provision of any section is held to be invalid, void, or unenforceable by any court of competent jurisdiction, the remaining sections or terms and provisions of a section shall continue in full force and effect without being impaired or invalidated in any way.