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Lot 12669 |
Kirtland, OH- Kirtland Safety Society Anti-Banking Co. $1 Jan. 4, 1837 G2 Wolka 1422-01 Rust 12. ...
2008 September Long Beach, CA CAA Signature Auction #3502
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Bid Information
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It is possible under several circumstances for winning bids to be between increments. It is also possible for an existing bid to be outbid by less than a full increment, sometimes by only $1. This usually happens when two bidders feel that a lot is worth about the same amount, but one places an off-increment bid. Generally when this happens, the Current Bid was much lower than the high secret maximum bid when the off-increment bidder placed his bid.
For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
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Consignor Has Not Yet Submitted a Reserve:
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Reserve Met:
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What's This?
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What's This?
The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.
This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
Heritage retains 10% of the total price as its commission (compared with a 12%-25% Buyer's Premium charged on auction transactions), from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties. Because no Buyer's Premium is charged on Make Offer to Owner transactions, auction consignment discount coupons are invalid.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
BP - Buyer's Premium
A Buyer's Premium will be added to each successful bid. For this sale: 15% of the successful bid (minimum $9) per lot. Please see #2 in our Terms & Conditions.Not Sold
This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.Opening Bid
The opening bid is the minimum amount required to begin bidding, and is generally a percentage of the low estimate.
| Sold for: |
$5,462.50
(includes BP  ) Bid Source: Live: Floor bidder |
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| Make Offer: |
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| Auction Ended On: | Sep 17, 2008 | |
| Item Activity: |
3 Internet/mail/phone bidders
1,239 page views |
The Kirtland "Anti-Banking" notes were actually the first issue of notes from this bank, with all of the known notes dated January 4, 1837. The reason for this issue was the rejection of the bank's application for a charter from the Ohio state banking regulators in Columbus. With the notes already in hand and the bank ready to open, the bank's officials decided not to let such legal niceties restrain their activities, and simply opened for business issuing the newly renamed currency. This note bears the signatures of S [idney] Rigdon as Sec and J [oseph] Smith, Jr. as Tres. Smith actually signed most all of these early notes, but within a few months he had severed his relationship with the bank, which closed in November of 1837. Smith and Rigdon were each eventually fined $1000 by the State of Ohio for their part in the bank's opening. Fine-Very Fine, a rare and highly desirable Mormon issue.
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Service and Handling Description: Coins & Currency (view shipping information)
| Lot | Date | Realized |
|---|---|---|
| Auction 141218, Lot 32100 | Tuesday, May 1, 2012 | $50.00 |
| Auction 141218, Lot 32099 | Tuesday, May 1, 2012 | $56.00 |
| Auction 141218, Lot 32101 | Tuesday, May 1, 2012 | $74.00 |
| Auction 141217, Lot 31140 | Tuesday, April 24, 2012 | $36.00 |
| Auction 3517, Lot 15330 | Monday, April 23, 2012 | $287.50 |
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PLEASE NOTE:
All prices realized reflect the final hammer price PLUS the buyer's premium
in auctions that charge a buyer's premium.
Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium.
All information listed is intended to be as accurate as possible, but errors are possible.
Please use this guide carefully and inform us of any inaccuracies.
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BP - Buyer's Premium
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