SOLD
26,000.00CAD+ (4,160.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2015 Feb 12 @ 22:37UTC-5 : EST/CDT
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50 Cents. 1870. No L.C.W. ICCS graded Choice Uncirculated-63. Production of the dies for the new 50 cent denomination of 1870 resulted in two varieties. One bore the initials of the designer, Leonard Charles Wyon, along the lower portion of the queen's portrait, while on the second type those initials were absent. This 'No LCW' variety has since become one of a handful of key rarities in Canadian numismatics, even more so as an uncirculated business strike. ICCS has certified a mere four examples as mint state, while PCGS has attributed only three. Neither the legendary Pittman nor Norweb collections contained an example in mint state, while the Belzberg coin was a specimen.
This tremendous example has toned a deep gunmetal blue, with traces of violet and sea-green on the obverse. The reverse palette is an intoxicating wine-purple in the centre, transforming to a deep cobalt blue along the wreath. The strike is moderate, with some weakness through the denomination and date. Original mint lustre shimmers from beneath the patina, and close inspection reveals smooth original surfaces that bear only faint traces of contact.
The distinction of 'finest graded' by ICCS is shared by this coin and two others. An incredible rarity and a prodigious acquisition for the elite collector.
Auction Location:
Downtown Toronto Hilton Hotel, 145 Richmond St., West, Toronto. Osgoode Room., Toronto, Ontario, M5H 2L2, Canada
Previewing Details:
Auction Venue Lot Viewing in the Osgoode Room (3rd floor), February 10th, 2015 11:00 A.M. to 5:00 P.M. February 11th - 14th daily; 10:00 A.M. to 5:00 P.M.
Advance Viewing at Canadian Coin & Currency (metro Toronto store and showroom), 10355 Yonge Street, Richmond Hill, Ontario
9:30 A.M. to 5:00 P.M. Starting February 2nd, 2015.
BC, Alberta, Saskatchewan, Manitoba - 5% GST
Ontario - 13% HST
Quebec - 5% GST
Newfoundland, New Brunswick, PEI - 13% HST
Nova Scotia - 15% HST
Taxes:
| Tax | Rate | Desc. |
| GST |
5% |
BC Gst |
| GST |
5% |
Alberta GST |
| GST |
5% |
Manitoba GST |
| HST |
13% |
New Brunswick HST |
| HST |
13% |
NFLD |
| GST |
5% |
NWT GST |
| HST |
15% |
Nova Scotia HST| |
| GST |
5% |
Nunavut GST |
| HST |
13% |
Ontario HST |
| HST |
13% |
PEI HST |
| GST |
5% |
Quebec GST |
| GST |
5% |
Sask GST |
| GST |
5% |
Yukon GST |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
Additional Fees:
Shipping Details:
SHIPPING AND INSURANCE
Unless otherwise instructed, lots purchased by postal bidders will be sent
by registered mail to the successful purchaser. Registration and actual postage
will be charged on all lots. There will also be a $3.00 charge
per lot for the packing and processing of numismatic books and literature.
Lots mailed to addresses not in the United States or Canada will be sent only at the
risk of the purchaser.
Payment Details:
No iCollector pickup at the Hilton Hotel.
Payment must be made to: The Canadian Legacy Sale
Pick up by appointment only after February 16th at:
Canadian Coin and Currency
10355 Yonge Street
Richmond Hill, ON
Payment in Canadian Funds or Equivalent. Terms are strictly cash or approved cheque. Credit Card payments (Master Card & VISA only) accepted. 2% per month interest charged after 30 days on unpaid invoices.
Accepted Payment Methods:
- VISA
- Master Card
- Check/Cheque
- COD (cash on delivery)
- See Payment Details
- Wire Transfer
TERMS AND CONDITIONS OF SALE
BUYER’S PREMIUMS
A Standard Buyer’s Premium will be charged to successful purchasers for items purchased in the Public Auction Sale and in the Mail Bid Sale, in accordance with their method of bidding. The Standard Buyer’s Premium will be automatically discounted by 3% for purchasers who remit payment by cash, cheque, bank draft or wire transfer. The following table details the various Standard Buyer’s Premiums and discounts. Bidders are responsible for understanding their buyer’s premium prior to bidding.
Standard Buyer’s Premiums (Payable by Credit Card)
Live Floor Bidding - 18%
Mail / Email / Fax Bidding - 19%
Telephone Bidding - 19%
Online Bidding - 21%
Discounted Buyer’s Premium (Payable by Cash, Cheque, Wire)
Live Floor Bidding - 15%
Mail / Email / Fax Bidding - 16%
Telephone Bidding - 16%
Online Bidding - 18%
RETURN POLICIES
Mail bidders may return incorrectly described or misattributed lots for full credit within 5 days of receipt, except that as consignors must be paid, late remittance may be cause to negate return privileges, and absolutely no returns can be accepted for any reason after the expiry of 35 days from the date of the sale. ALL FLOOR SALES ARE FINAL, and no returns will be accepted from the floor bidders (including those acting as agents for others) for any reason whatsoever.
TITLE AND RISK LOTS
Title to all lots remains with the auctioneer until paid for in full, but they are held at the risk of the purchaser once the hammer has fallen.
GRADING
Grading is the subjective description in the opinion of the cataloguer as to the state of preservation, method of strike, and overall appearance of a particular coin. Adjectival descriptions and terminology (which can and does vary among experts and knowledgeable purchasers), when used in the catalogue, are strictly the opinion of the cataloguer. Where the Auctioneers sells a numismatic item graded and/or encapsulated by a grading service, Buyer acknowledges and agrees that other grading services, the Auctioneers or knowledgeable purchasers might reach a different conclusion as to the state of preservation. Any such information provided by the Auctioneers is the opinion of the third party, without recourse against the Auctioneers in any way whatsoever.
WAIVER OF LIABILITY
the Auctioneers act as an agent only between Consignor and Buyer. the Auctioneers do not represent that any coin catalogued will meet the standards, or the grade, of any third party or third party grading services; that third party graded numismatic items will receive the same grade if resubmitted; that any third party soft flip is secure or that a numismatic item has a particular provenance. The Auctioneers hereby disclaims all liability for damages, incidental, consequential or otherwise, arising out of or in connection with the sale of any property by the Auctioneers to the purchaser. All bidders, even if unsuccessful purchasers, agree to abide by this condition, and all other conditions of sale.
ERRORS OF AUCTIONEERS AND BIDDERS
While we cheerfully correct our errors, we cannot be responsible for the mistakes of others. Please check your bid sheet carefully. Please note that Live Bids are executed LIVE on the floor. The Auctioneers are not responsible for any missed lots due to network speed or down time.
TAXES
Lots delivered in Ontario are subject to harmonized sales tax at the current rate (13%). All lots delivered in Canada are subject to the GST or HST, as applicable to bidder’s province of residence. All sales are treated as retail sales by the auctioneer for the purpose of calculating the appropriate tax.