SOLD
4,250.00USD+ (743.75) buyer's premium + applicable fees & taxes.
This item SOLD at 2017 Mar 09 @ 23:22UTC-5 : EST/CDT
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1851 San Francisco Standard Mint $5. Kagin-1 (page 352 of Private Gold Coins and Patterns of the United States). Rarity-7. Nickel Alloy. VF-20 NGC.
Tiny rim clip at 1 o’clock above star 8. Warm nickel-steel gray with deeper highlights around the devices. Obverse: federal-style head of Liberty to left, 13 stars around, crudely engraved and comically blundered date below. Reverse: open-topped oak wreath with acorns, 5 / DOLLARS / SAN FRANCISCO / STANDARD MINT / 22 CARATS / FINE within.
Believed issued in Birmingham, England in 1851 by engraver and die sinker, William Joseph Taylor (1802-1885) whose initials “WJT” appear on the truncation of Liberty. Taylor also engraved the dies for Australia’s Fort Philip Kangaroo Assay Office pieces of 1853 as well as several other Australian and British issues. Additionally Taylor engraved several restrikes including the 1783 Washington Draped Bust copper tokens. these pieces were probably struck as a proposed general coinage for San Francisco. Only a half dozen or so known with the last one in the Stacks’ Ford sale (9/13:10102) realizing $19,450. Rare and unusual, and certain to encourage bidder interest.
NGC Coin Explorer
Auction Location:
9800 International Drive, Orlando, Florida, 32819, United States
Previewing Details:
auctions.kagins.com
Sales Tax on currency to non-dealers and coins under $1500 shipped to CA or $1000 to MD per tax accountant
Taxes:
| Tax | Rate | Desc. |
| FL |
6% |
Florida Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
17.5% |
Additional Fees:
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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.
3. Consignors and Reserves. This catalog contains descriptions of property belonging to many persons known as
consignors. KA is not required to divulge to prospective bidders the identity of any consignor, except as provided by these
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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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corporation agrees in writing to personally guarantee payment. Likewise, bids will be accepted from persons under age
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loan or advance funds to consignors and/or prospective bidders, and may thereby acquire interests in items sold at a KA
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their purchases, but are encouraged to make their own investigations in case of doubt.
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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
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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)
10. Buyer’s Commission and Taxes. THE PURCHASE PRICE FOR ALL LOTS INCLUDES THE SUCCESSFUL BID PLUS A
BUYER’S COMMISSION OF 17 1/2%, 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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engaging an attorney and pursuing legal proceedings). In addition to the foregoing, purchasers grant KA a security interest
in any items purchased by them, to secure any outstanding indebtedness to KA (whether from purchase of the items
themselves or other items), and agree to execute such documents as KA may deem needed to evidence this security interest.
Purchasers agree that KA may exercise all the rights of a secured party, including the right to re-sell the collateral item(s) and
apply the proceeds to purchaser’s debt and to reimbursing KA for costs related to the resale.
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the purchaser contends that the item is counterfeit, contains an altered date or mintmark, or contains undisclosed repairs;
(2) the purchaser notifies KA in writing of his or her contention within five (5) days of receiving the item (if purchaser did
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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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