Click Main Image For Fullscreen Mode
Type Live Webcast Auction
Price Realized 282,000.00 USD
Date Sold 12/3/2020


Lot # 3
Estimate 220,000.00 - 250,000.00 USD
Ring # 1
Group - Category Coins & Paper Money - Coins - US
Lead $5 1861-D PCGS MS63 CAC
Description
THE BIGMO CIVIL WAR COLLECTION PART II This is arguably the FINEST KNOWN example of this incredibly RARE Dahlonega mint half eagle. Before Georgia seceded from the Union, the federal authorities recorded a mintage of just 1,597; after the Confederate Government took over the facility, an unrecorded, though undoubtedly tiny quantity were struck. Experts believe that it was somewhere between 1,000 and 2,000 pieces. Today, PCGS CoinFacts estimates that 75 survive in all grades with 9 in Mint State, and this one being at the APEX of their Population Report. Numismatic expert David Akers and Doug Winter both agree that the 61-D is the rarest of all the Dahlonega mint fives. The 61-D half eagles were struck under two authorities and based on the quality of strike, it is likely that this piece was struck sometime between January and April 1861 under Federal jurisdiction. The Confederate authorities seized the mint on April 8, 1861. Offering a generally crisp, complete strike, this piece has just a touch of minor softness on stars 4,5,6,7,10 and on the hair curls at just under Liberty's coronet. The centering is exacting and precise with full dentilation throughout most of the rim (there is a touch of weakness near star 4 and 5 on the obverse). A strong luster with a bold brilliance that is delightfully reflective, almost Prooflike. The luster shimmers through a rich, warm, orange-gold color. A few ancient lines and contact account for the assigned grade. There is a toning line that connects the left wing to the olive branch and some "crust" in the feathers of the right wing, as well as at the base of TE of UNITED and in the M of AMERICA. These features all clearly match the Eliasberg photo and the plate photo of Doug Winter's Gold Coins of the Dahlonega Mint, 1838-1861. The eye appeal is spectacular in EVERY WAY! PCGS lists four in MS63 and this one as estimated MS63 in the Condition Census. The Farouk-Norweb-Bass coin (the second coin listed at CoinFacts is the same as the one listed in its #1 spot, Ex Stack's March 2010; Stack's Bowers, 2011 ANA). This coin was incorrectly pedigreed in the 2008 FUN auction as being ex Paul Kagin; Stewart Levine; Doug Winter and Heritage; Hancock & Harwell. However, we have determined that this coin is actually the Eliasberg coin, easily identified as such by several markers. It is ex S.H. Chapman in 1919; John Clapp Collection; Clapp Estate to Louis Eliasberg, en bloc, via Stack's in 1942; Eliasberg Collection; Eliasberg Collection, Bowers and Ruddy, October 1982, lot 502; Arthur Montgomery Collection; Stack's Session of Auction '84, lot 1353; George Elliot; Mid-American Auctions, January 1987, lot 1816; North Georgia Collection; Heritage's 2008 FUN auction, lot 3198, where it realized a world record $207,000. While the siege of Fort Sumpter was the first salvo of the war, there were no casualties; the first Union casualty of the war was Col. Elmer Ephraim Ellsworth. On May 24, 1861, the day after Virginia voters ratified the state’s secession convention’s decision to leave the Union, federal troops seized Alexandria, VA. Col. Ellsworth, leader of a unit of Zouaves, rushed to the roof of the Marshall House Inn to tear down a Confederate flag. The owner of the inn, James W. Jackson had placed the flag so large that it was reportedly visible by glass by Lincoln and his cabinet from an elevated position. As Ellsworth and a cadre of his troops came down the stairs, Jackson, fired a shot from his double barreled shotgun directly into Col. Ellsworth’s chest, killing him instantly. Private Francis Brownell, who was with Ellsworth, returned fire, hitting Jackson in the face. Both Ellsworth and Jackson became martyrs for their sides. PCGS 4, NGC 0, CAC 2. We think that the PCGS Population Report shows at least one coin duplicated in this grade, which was upgraded to NGC MS64. The rarity of this CHOICE and IMPORTANT coin is not reflected in the PCGS Price Guide, nor the CAC CPG. Knowing that this coin has been off the market for over a dozen years, we know it will bring a VERY STRONG price when the Southern gold specialists see this lot. A world class coin that will vault any collection into world class status. Cert. Number 5616676 PCGS # 8290.00
Name The Regency Auction 42
Auctioneer Legend Rare Coin Auctions, LLC
Type Live Webcast Auction
Date(s) 12/3/2020
Location Park MGM, 3770 S Las Vegas Blvd,
Las Vegas, NV 89109
Buyer Premium 17.50% Buyers Premium
Description
AUCTION STARTS DECEMBER 3RD AT 4:30P PT
Auction Terms & Conditions This is a public auction, conducted in accordance with these Terms and Conditions of Sale, by Legend Rare Coin Auctions (hereinafter referred to as “LRCA"). By bidding on any lot offered by LRCA, the bidder indicates acceptance of the following Terms and Conditions of Sale. Bidders are to comply with the Terms and Conditions of Sale, posted on LegendAuctions.com, at the time of the auction in which they are participating. BUYER'S PREMIUM A 17.50% buyer’s premium will be added to all successful bids, and is payable by the winning bidder as part of the total purchase cost. 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. BIDDING All Bidders must meet Auctioneer's qualifications to bid. Any Bidder who is not a client in good standing of the Auctioneer may be disqualified at Auctioneer's sole option and will not be awarded lots. Such determination may be made by Auctioneer in its sole and unlimited discretion, at any time prior to, during, or even after the close of the Auction. To ensure the safety of all our bidders Legend Rare Coin Auctions reserves the right to request a minimum of two industry references and/ or a bank letter of credit for all new bidders. International bidders that are unknown to Legend Rare Coin Auctions will be required to deposit 25% of their anticipated expenditures. Please contact a Legend representative at least 48 hours in advance of bidding for approval and payment instructions for all purchases. Auctioneer reserves the right to exclude any person from the auction. 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@legendauctions.com for bank-wiring instructions and/or to provide numismatic references. INTERNATIONAL BUYERS Foreign buyers, unknown to us, are required to deposit 25% of their anticipated expenditures before bidding. Please contact us in advance of bidding for bank wiring instructions. EXTENDED PAYMENT TERMS For all items $15,000.00 and over, LRCA is now offering Extended Payment Terms, at our discretion please contact our finance department at 732-935-1168 to discuss specific terms that can be offered. Please advise us at least 48 hours before bidding or purchasing the item in question. Pre-approval is required. All sales are final. No returns will be accepted for any items using Extended Payment Terms. In the event that the buyer defaults, LRCA reserves the right to cancel the sale, re-offer the item(s) at a future LRCA sale under the buyer's name, with a minimum bid of 50% of sale price. Any down payments or subsequent installments will be applied to the balance due, together with any deficit relating to the resale of the items. If there is any balance owed to the buyer, LRCA will remit this to buyer within 30 days of sale date. In addition to these terms, all of our standard Terms and Conditions shall govern the sale and use of Extended Payment Terms. 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. SHIPPING Shipping costs will be billed separately and are non-refundable. Items will usually ship within 5-10 business days after payment has been received and/or funds have cleared. Coins will be shipped via Fed Ex or USPS or transported via armored carrier. The shipping charge includes fees for our third-party insurance coverage, as well as any costs incurred through the USPS or Federal Express. Any shipments made via armored carrier (Brinks, Dunbar, etc.) will be calculated and assessed at the time of shipment. INTERNATIONAL SHIPPING It is not possible for LRCA to ship to some countries. Please email questions to info@legendauctions.com. Payment for all international orders is required in US funds. Please contact julie@legendauctions.com for bank wiring instructions. Customs requirements for each country are the responsibility of the buyer. All packages shipped outside of the United States will include the required customs declaration and full value of the invoice. 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In order to have a bid removed or corrected, bidder must contact LRCA prior to start of the auction. Bidder waives auctioneer's responsibility and holds LRCA harmless for failure to recognize, accept, receive or execute any lost or missing bids by internet, telephone, email, floor bid, fax, mail or other means. LRCA reserves the right to postpone or cancel an auction without notice. Lots may be withdrawn at LRCA's discretion, without prior notice. Lots may carry a reserve. A reserve is a price below which the auctioneer will not sell an item, or will re-purchase the item on behalf of the consignor or for LRCA. LRCA permits bids to be placed by the auctioneer, or an employee of the auctioneer, up to the pre-determined reserve set by the consignor. Legend Rare Coin Auctions' partner, Legend Numismatics, reserves the right to bid on items, for its own account and for the accounts of its clients. 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For non-certified coins that have not been examined by the Buyer prior to the Auction Sale: if it is determined in a review by LRCA that there is a material error in the catalog description of a non-certified coin or the LRCA no later than seventy-two (72) hours of delivery of the lots in question, and such lots are returned and received by LRCA, in their original, sealed containers, no later than fourteen (14) calendar days after delivery, in the same condition the lot(s) were delivered to the Buyer, time being of the essence. c. If an item or items are returned pursuant to the terms herein, they must be housed in their original, sealed and unopened container. d. Late remittance or removal of any item from its original container, or altering a coin constitutes just cause for revocation of all return privileges. e. 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LRCA reserves the right to vary or alter the Terms of Sale, either generally or with respect to specific persons or circumstances, in its sole discretion. Any variation or alteration shall be effective only if in writing and signed by an officer of LRCA authorized to do so. h. LRCA is acting as an auctioneer. Title to the lots purchased passes directly from the Consignor to the Buyer. Accordingly, LRCA is not making, and disclaims, any warranty of title. i. Bidder acknowledges that the numismatic market is speculative, unregulated and volatile, and that coin prices may rise or fall over time. LRCA does not guarantee or represent that any customer buying for investment purposes will be able to sell for a profit in the future. j. Bidder acknowledges and agrees that neither LRCA, nor its employees, affiliates, agents, third-party providers or consignors warrant that auctions will be unimpaired, uninterrupted or error free and accordingly shall not be liable for such events. 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Rights granted to Bidders under the within Terms and Conditions of Auction Sale are personal and apply only to the Bidder who initially purchases the lot(s) from LRCA. The rights may not be assigned or transferred to any other person or entity, whether by sale of the lot(s), operation of law or otherwise. Any attempt to assign or transfer any such rights shall be absolutely void and unenforceable. No third party may rely on any benefit or right conferred by these Terms and Conditions of Auction Sale. Any dispute arising out of or related to these Terms of Sale, the Auction Sale or any lot, with the sole exception of actions by Legend Rare Coin Auctions to collect amounts owed to it and other damages, shall be submitted to binding arbitration pursuant to the commercial arbitration rules of the American Arbitration Association, with any arbitration hearing to occur in Monmouth County, New Jersey. Absent an agreement of the parties, the arbitrator shall limit discovery to that which is necessary to enable the hearing to proceed efficiently. The arbitrator shall not have the power to award punitive or consequential damages, nor alter, amend modify any of the terms of this Agreement. The award by the arbitrator, if any, may be entered in any court having jurisdiction thereof. Each party shall pay one-half the costs of the arbitration. Bidder acknowledges and agrees that the competent courts of the State of New Jersey shall have exclusive in personam jurisdiction, subject to the requirement to arbitrate, over any dispute(s) arising hereunder, regardless of any party's current or future residence or domicile. Bidder further agrees that venue of the arbitration proceeding shall be in Monmouth County, New Jersey; and any court proceeding shall be in the Monmouth County Superior Court, in the State of New Jersey, and in each case waive any claim of Forum Non Conveniens. Bidder agrees that any arbitration or legal action with respect to this Auction Sale is barred unless commenced within one (1) year of the date of this Auction Sale. AUCTION PARTICIPANTS EXPRESSLY WAIVE ANY RIGHT TO TRIAL BY JURY. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 199.00 10.00 USD
199.01 - 999.00 25.00 USD
999.01 - 1,999.00 50.00 USD
1,999.01 - 4,999.00 100.00 USD
4,999.01 - 9,999.00 250.00 USD
9,999.01 - 19,999.00 500.00 USD
19,999.01 - 39,999.00 1,000.00 USD
39,999.01 - 99,999.00 2,500.00 USD
99,999.01 - 199,999.00 5,000.00 USD
199,999.01 - 399,999.00 10,000.00 USD
399,999.01 - 999,999.00 25,000.00 USD
999,999.01 - 1,999,999.00 50,000.00 USD
1,999,999.01 - 9,999,999.99 100,000.00 USD
Currency USD
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 New Jersey 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@legendauctions.com for bank-wiring instructions and/or to provide numismatic references. INTERNATIONAL BUYERS Foreign buyers, unknown to us, are required to deposit 25% of their anticipated expenditures before bidding. Please contact us in advance of bidding for bank wiring instructions. Extended Payment Terms EXTENDED PAYMENT TERMS For all items $15,000.00 and over, LRCA is now offering Extended Payment Terms, at our discretion please contact our finance department at 732-935-1168 to discuss specific terms that can be offered. Please advise us at least 48 hours before bidding or purchasing the item in question. Pre-approval is required. All sales are final. No returns will be accepted for any items using Extended Payment Terms. In the event that the buyer defaults, LRCA reserves the right to cancel the sale, re-offer the item(s) at a future LRCA sale under the buyer's name, with a minimum bid of 50% of sale price. Any down payments or subsequent installments will be applied to the balance due, together with any deficit relating to the resale of the items. If there is any balance owed to the buyer, LRCA will remit this to buyer within 30 days of sale date. In addition to these terms, all of our standard Terms and Conditions shall govern the sale and use of Extended Payment Terms. 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.
SHIPPING Shipping costs will be billed separately and are non-refundable. Items will usually ship within 5-10 business days after payment has been received and/or funds have cleared. Coins will be shipped via Fed Ex or USPS or transported via armored carrier. The shipping charge includes fees for our third-party insurance coverage, as well as any costs incurred through the USPS or Federal Express. Any shipments made via armored carrier (Brinks, Dunbar, etc.) will be calculated and assessed at the time of shipment. INTERNATIONAL SHIPPING It is not possible for LRCA to ship to some countries. Please email questions to info@legendauctions.com. Payment for all international orders is required in US funds. Please contact info@legendauctions.com for bank wiring instructions. Customs requirements for each country are the responsibility of the buyer. All packages shipped outside of the United States will include the required customs declaration and full value of the invoice.