SOLD
32,000.00USD+ (6,400.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Mar 28 @ 18:41UTC-4 : AST/EDT
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Glossy, semi-prooflike luster graces both the obverse and reverse of this scarce and magnificent Sheldon-101 – a coin that is ABSOLUTELY UNEQUALLED in private hands, and is at least as fine as the example permanently impounded in the American Numismatic Society’s collection, called AU55 by Noyes.
New to the Condition Census, this specimen boasts appealing chestnut brown surfaces with substantial mint red visible from the first “A” of “AMERICA” through the fraction on the reverse. A handful of trivial marks – barely visible without magnification – account for PCGS’s grade of MS62BN.
Early in the MDS (Middle Die State), Breen state II, showing light clashing before Liberty’s throat and behind her tresses, as well as a faint die crack through the top of “MERIC”. Struck slightly off-center at 5:00 with some weakness along the bottom edge of the obverse, as typical for the variety.
Our EAC grade for this piece is AU58, an astounding 18 points higher than the next finest example in private hands: the T. James Clark/Sheldon/ANS/Naftzger/Husak coin, which was called XF40 by Noyes, and realized $40,250 in Heritage’s sale of The Walter J. Husak Collection in February of 2008.
The sale of this coin represents a rare opportunity for discriminating Large Cent specialists.
The Sheldon-101 attribution is noted on the PCGS label. Pop 1 at PCGS; none finer for the variety. Newly discovered in 2016.
PCGS #35783
Pedigree:
PCGS Coin Facts
Auction Location:
David L. Lawrence Convention Center, Hall B, 1000 Fort Duquesne Blvd., Pittsburgh, Pennsylvania, 15222, United States
Previewing Details:
auctions.kagins.com
Sales Tax on currency to non-dealers in PA and other non-exempt states. Coins exempt in most states, but taxable if under $1500 shipped to CA or $1000 to MD per tax accountant
Taxes:
| Tax | Rate | Desc. |
| PA |
7% |
PA Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
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A 2.9% discount is already included in cash or cash equivalent transactions.
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Terms and Conditions of Sale
1. Auction Company. This public auction is being presented by Kagin’s Auctions, a division of Kagin’s, Inc. (“KA”)
2. Binding Effect of Terms and Conditions. These Terms and Conditions are legally binding on anyone that registers
to bid, or actually does bid, at a KA auction. They define the relationship between bidders and KA before, during and after
the auction, and limit KA’s liability to bidders.
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which KA is not required to disclose to prospective bidders. The Consignment Contract may permit a consignor to bid on his
or her own lots and pay commissions if successful. If a consignor bids from the floor for his or her own lots, KA may so note
to all present. KA reserves the right to omit from its published prices realized the purchase prices of items re-purchased by
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time and place as KA may, in its sole discretion, determine. The auctioneer will offer lots in number sequence within each
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a mail bid to a level the auctioneer deems appropriate), and will continue at such increments as the auctioneer directs until
the auctioneer declares the lot sold. The auctioneer may accept or decline any bid in his sole discretion, and where more
than one identical bid is received for an item, the auctioneer may prefer the first bid received and may prefer a mail bid over
an identical floor bid. In case of any disputes regarding the existence or amount of bids the auctioneer may rescind the sale
of that lot and re-sell it, or otherwise direct disposition of the lot in his sole discretion. In all cases, the auctioneer’s decision
shall be final. KA IS NOT RESPONSIBLE FOR ERRORS IN BIDDING, and mistaken bids will not justify rescission of a sale.
www.kagins.com xv
Terms and Conditions of Sale (Continued)
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BUYER’S FEE OF 20%, except as otherwise provided by written agreement between a bidder and KA. Bidders
acknowledge that they are responsible for all sales, use or other taxes applicable to their purchases, and for any interest or
penalty related to unpaid tax, regardless of whether KA collected such taxes at the time of purchase.
11. Kagin’s Loyalty Discount. All successful purchasers shall be entitled to a credit against any future
purchases in a KA auction, in the amount of one percent (1%) of the total purchase prices paid by
them (hammer plus buyer’s commission – taxes or other charges not included), such credit to extend to the next two (2) KA
auctions, or a period of 1 year, whichever is longer.
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apply the proceeds to purchaser’s debt and to reimbursing KA for costs related to the resale.
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unopened container. Notwithstanding the above, coin returns are not accepted in cases involving cleaning, artificial toning,
provenance or pedigree, or strike, or whether a coin is a proof.
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