SOLD
34,000.00USD+ (6,800.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Mar 15 @ 16:03UTC-8 : PST/AKDT
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Lot: 6004
Header: EXCEPTIONALLY BOLD HIGH GRADE RUSSIAN-AMERICAN COMPANY 50 KOPECKS NOTE
EX: F.C.C. Boyd, John J. Ford
Title: 50 KOPECKS (1842-1858) Kardakoff 53.1 PMG 50 EPQ Serial # 13902
Description: From the Stacks 1/18/05:1233 sale of the John J. Ford Collection: “Rectangular with top two corners evenly clipped as issued. 64mm X 62mm. Black on off-white parchment with very minor surface granulation. Creamy white texture and a most natural appearance as proper. The surfaces are essentially very smooth on both sides. Despite having a crease at the left side, the note has the look of choice uncirculated. The color of the parchment has a natural off-white and creamy hue that is quite lovely and there are no flaws at all except for some minor handling. This might be the finest note of this type to cross the auction block in many years or decades… a showpiece. [bold type as written]” This was the single finest RAC note in the John J. Ford Collection.
The face with the company seal using a double headed Imperial Russian eagle within an oval frame, legend in Russian translated UNDER THE HIGH PATRONAGE OF HIS IMPERIAL MAJESTY. The denomination in words below the seal; the letters thicker than most known specimens.
The back has a finely engraved oval protector with spiral details with the Russian legend translated NOTE IN AMERICA with the denomination “50 KOP” below. The serial number frame with “No” is at the bottom of the oval, outlined to allow the exceptionally bold hand written serial number to be written in. As a matter of fact, the back is one of if not the most deeply black inked Russian-American Company note we have seen! The note is signed but only faintly seen at the right.
The Zander census only enumerated ten examples with one being a forgery (we now know of another forgery). Two are in museums and the two in the Smythe sale were well worn. We now believe there are at least eight extant including three new specimens. This piece, the PMG CU-63 offered previously and the PMG Very Choice 64 EPQ.
Low Estimate: 35000
High Estimate: 50000
Grading Company:
Gr:
Gr2:
Gr3:
CAC/OGH:
Pedigree/Collection: Ex: F.C.C. Boyd, John J. Ford, Stacks 1/05:1233, Donald H. U5Kagin, Joe Usibelli
Auction Location:
1550 Tiburon Blvd. Suite G201, Tiburon, California, 94920, United States
Previewing Details:
auctions.kagins.com
Numismatic sales tax exemption for dealers with valid resale certificate.
Sales tax applies to invoices shipped to: CA if <$1500 and CT,LA,MD,MA if <$1000 DC,KS,KY,MN,MI,NV,NJ,NM,NY,OH,TN,WI.
Sales tax applies to currency invoices shipped to:
AL,CA,CO,CT,DC,KS,KY,LA,MD,MA,MN,MI,MS,NV,KS,KY,MN,MI,NV,NJ,NM,NY,OH,OK,PN,RI,TN,TX,VI,WA & WI.
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
Shipping Details:
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Payment Details:
Due on receipt. Please wire or mail check.
3% discount already included in cash/cash equivalent transactions. Credit card entered was for identity verification and not saved for payments.
Accepted Payment Methods:
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- Check/Cheque
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Please Mail PAYMENT to: Kagin's, Inc.
1550 Tiburon Blvd.#201,Tiburon,CA 94920
Invoices are due upon receipt & include a 3% discount for payments by check/wire/cash.
1% monthly finance charge applies after 30 days.
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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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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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)
10. Buyer’s Commission and Taxes. THE PURCHASE PRICE FOR ALL LOTS INCLUDES THE SUCCESSFUL BID PLUS A
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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terms, they will be liable to KA for interest on the unpaid balance at the rate of 1 1/2% per month (or the maximum rate
permitted by law, whichever is lower), and for reimbursement of all collection costs incurred by KA (including the costs of
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;
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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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