Lot # | 12 |
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Estimate | 300,000.00 - 325,000.00 USD |
Group - Category | Coins & Paper Money - Coins - US |
Lead | 1C 1943 BRONZE MINT ERROR PCGS AU55 CAC |
Description |
Legend-Morphy is proud to offer this world famous rarity! We can't even begin to estimate how many people still search their change looking for this coin. When our sister company announced that they had completed the incredible Simpson 1C 1943 PDS Set, they made worldwide news, but anytime one of these classic rarities sells, it makes major news.
This is a very nice, problem free piece, and although there is small planchet defect on the lower right obverse, it does not detract from the overall quality. The surfaces are clean, smooth, and slightly glossy, while the color is a crisp, even, original brown. Lincoln and all of the details are exceptionally struck. The wear is light and there is no discoloration on any of the high points. The eye appeal is fantastic!
PCGS 1, NGC 0, CAC 1. PCGS has graded only four higher, two of which (the AU58 and the finest graded MS62) are both in the Simpson Collection. PCGS has graded only seven total P Mint pieces and this confirms the estimates that less than a dozen P Mints are believed to exist. There is only one D Mint and four S Mint pieces, two of which are locked up in a major collection. The opportunity to own any 1943 1C is as rare as the coin itself! Fewer of these appear than 1804 $1 or 1913 Liberty 5C pieces and the story of 1943 Coppers is every bit as intriguing as any major classic rarity.
This piece last sold for $317,250.00 (1/13 Stacks-Bowers). PCGS Coin Values estimate even an XF40 at a minimum of $150,000.00 and we believe one day, these will all bring a minimum of $1,000,000.00! These coins are undervalued in today's rarity driven marketplace, especially given their worldwide fame. PCGS #E82709.
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Name | Regency Auction VII |
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Auctioneer | Legend Rare Coin Auctions, LLC |
Type | Live Webcast Auction |
Date(s) | 5/22/2014 |
Live auction: May 22nd, 2014 | 5PM PT | 8PM ET | |
Preview Date/Time | Wednesday, May 21st 11AM-6PM PT | Location: Sands Expo Meeting Room 401 - For Table Holders 1PM-6PM PT | Location: Sands Expo Meeting Room 401 - For Legend-Morphy Auction Registrants, PCGS Authorized Dealers, Collectors Club Members Thursday, May 22nd 8AM-4PM PT | Location: Sands Expo Meeting Room 401 - For Table Holders 10AM-4PM PT | Location: Sands Expo Meeting Room 401 – For Legend-Morphy Auction Registrants, PCGS Authorized Dealers, Collectors Club Members |
Checkout Date/Time | Lot Pickup & Settlement: Friday, May 23rd 8:30AM-11AM PT | Location: Sands Expo Meeting Room 401 |
Location | Sands Expo Meeting Room 405
3355 Las Vegas Boulevard South Las Vegas, NV 89109 |
Buyer Premium | 17.50% Buyers Premium |
Description |
When:
Live auction: May 22nd, 2014 | 5PM PT | 8PM ET
Where:
The Venetian/The Palazzo - at the PCGS Members Only Show
Room: Sands Expo Meeting Room 405
3355 Las Vegas Boulevard South
Las Vegas, NV 89109
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Bid Amount | Bid Increment |
---|---|
0.00 - 99.00 | 5.00 USD |
99.01 - 199.00 | 10.00 USD |
199.01 - 299.00 | 20.00 USD |
299.01 - 499.00 | 25.00 USD |
499.01 - 999.00 | 50.00 USD |
999.01 - 1,999.00 | 100.00 USD |
1,999.01 - 2,999.00 | 200.00 USD |
2,999.01 - 4,999.00 | 250.00 USD |
4,999.01 - 9,999.00 | 500.00 USD |
9,999.01 - 19,999.00 | 1,000.00 USD |
19,999.01 - 29,999.00 | 2,000.00 USD |
29,999.01 - 49,999.00 | 2,500.00 USD |
49,999.01 - 99,999.00 | 5,000.00 USD |
99,999.01 - 199,999.00 | 10,000.00 USD |
199,999.01 - 299,999.00 | 20,000.00 USD |
299,999.01 - 499,999.00 | 25,000.00 USD |
499,999.01 - 999,999.00 | 50,000.00 USD |
999,999.01 - 1,999,999.00 | 100,000.00 USD |
1,999,999.01 - 2,999,999.00 | 200,000.00 USD |
2,999,999.01 - 4,999,999.00 | 250,000.00 USD |
4,999,999.01 - 9,999,999.00 | 500,000.00 USD |
9,999,999.01 - 9,999,999.99 | 1,000,000.00 USD |
Currency | USD |
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Buyer Premium | 17.50% Buyers Premium |
Payment Terms |
SALES TAX
All sales are subject to applicable state and local taxes. Any lots that are picked up and/or delivered in the state of Nevada are subject to applicable state and local taxes.
PAYMENT
All merchandise must be paid for within TEN (10) days of the date of sale. We reserve the right to cancel any unpaid order after that time and to ban the bidder from future sales. Credit cards (Visa, MasterCard and Discover) are accepted for auction payments up to $2,500.00 per invoice. Invoices and/or balances over $2,500.00 must be paid via personal or certified check, money order, or wired funds. Personal checks, money orders and cashier’s checks may be held for up to 10 business days in order to allow time for them to clear appropriate banking channels. Please email info@legendmorphy.com for bank-wiring instructions and/or to provide numismatic references.
RETURN POLICY
All lots are sold “as is.” Lots graded by PCGS, NGC or other third-party grading services, or any lot viewed by the buyer or anyone on buyer’s behalf prior to the auction, may not be returned. This is not an approval sale. All sales of lots to the highest bidder are final. Bidders are strongly advised and encouraged to research any lots upon which they plan to bid, and to determine bids, based upon their own evaluation. Bidders assume all risks concerning and related to the grade, quality, appearance, condition, history and origin of any lot. Bidders acknowledge that coin grading is not an exact science, that it can be subjective and inconsistent and that it is possible that two parties might assess or grade the same coin differently. LRCA makes every effort to accurately describe all items offered in its sales. All items will be available for preview prior to the auction.
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