SOLD
11,500.00USD+ (2,300.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Mar 15 @ 16:53UTC-8 : PST/AKDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
Lot: 4094
Header:
Title: Perfect Number 1 Santa Cruz Feather Coil!
Description: For over a century, the only money used in the Santa Cruz Islands consisted of long, wide coils of glued-together bird feathers. Reportedly invented in the mid-1860s, red-feather money was used to pay a fine for murder as early as 1871. By 2000 it was no longer being made, though it was still used as a standard of value for bride price. Each coil was made on order and required the efforts of three men: one to snare 300 scarlet honey eater birds and pluck their red feathers; another to shoot pigeons with bow and arrow, glue their feathers into a platelet, and trim them with the red feathers; and a third to bind each of 1,500 red-tipped platelets onto two cords of bark fiber such that they overlapped, so that the whole 30-foot coil seemed to be composed entirely of red feathers. A single coil took up to 600 man-hours of work.
The red color fades with time, causing the coil to depreciate as it deteriorates. When completely colorless it is worthless and is discarded. But the value of a coil increases geometrically from the least valuable to the newest and best. Bride price is always set at 10 coils, one of each quality, with the most valuable at the bottom of the pile and the least at the top, each coil being worth double that of the one above. This feather coil is a number 1, with 1 being the very best and 10 being the poorest. See Opitz, p. 142.
Low Estimate: 12000
High Estimate: 25000
Pedigree Collection: Mine is the best as the coil went directly from the makers to my contact who immediately sent it to me. On a coin scale this is a MS-70. It is bright red with no feathers damaged and everything as made.
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:
Please allow 5-10 days once payment received to ship with signature required. Tracking will be emailed.
Primitive money shipping based on weight/size.
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:
- Money Order/Bank Draft
- Check/Cheque
- Wire Transfer
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.
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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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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)
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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goods passes when the purchase price is paid in full, and KA reserves the right to withhold delivery of lots until full payment
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writing between the buyer and KA. Purchasers agree that if payment is not made in full in accordance with the invoice
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 item prior to the purchase. In all other cases, returns are accepted provided each of the following conditions is met: (1)
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
not timely pay for the item, his or her return privilege is waived); and (3) the item is returned in its original, sealed and
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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