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Cuzco, Peru, cob 1 escudo, 1698M, from the 1715 Fleet, extremely rare, Sedwick Plate Coin.
Currency:USD
Category:Coins & Paper Money / Cobs - Gold
Start Price:10,000.00 USD
Estimated At:10,000.00 - 15,000.00 USD
SOLD
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This item SOLD at 2011 Apr 26 @ 14:23UTC-4 : AST/EDT
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All items are genuine unless noted. Most shipwreck coins and artifacts come with a certificate of authenticity (please check the description for each item). By bidding in this auction you understand and agree to the Terms and Conditions posted here.
Cuzco, Peru, cob 1 escudo, 1698M, from the 1715 Fleet, extremely rare, Sedwick Plate Coin. S-CZ1; KM-A27; CT-173. 3.5 grams. Lustrous Mint State, with bold mintmark C and nearly full castle above flatness where the date should appear (just the top of the 6 visible), full but off-center cross, only the second specimen we have handled in 30 years among a total population of about 5 known, as follows: (1) the Mo Geiger specimen (nice but holed); (2) the State of Florida specimen; (3) the KM plate coin; (4) the Real Eight specimen, lot 132 of the Christensen sale of October 8, 1964, and then lot 573 of the Schulman auction of November 27-29, 1972; and (5) the Sedwick specimen (this lot), which Frank Sedwick purchased from Paul Karon in the early 1990s and held onto for a number of years before it reached the hands of the current consignor. From the 1715 Fleet, plate coin on page 118 of the third edition (1995) of The Practical Book of Cobs.
Auction Location:
P.O Box 1964, Winter Park, Florida, 32790, United States
Taxes:
| Tax | Rate | Desc. |
| FST6 |
6% |
Florida Sales Tax |
| FSTH |
6.5% |
Florida Sales Tax |
| FST7 |
7% |
Florida Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
15% |
Additional Fees:
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Daniel Frank Sedwick, LLC
PO BOX 1964
Winter Park, FL 32790
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TERMS AND CONDITIONS - Treasure Auction #9
1) Each lot will be sold to the highest bidder unless the reserve or starting price is not met. Bids may be submitted in person or by mail, telephone, fax, email, or live on the Internet until each lot is closed during the live session. All bids must be received before the auction session begins. Daniel Frank Sedwick, LLC (hereinafter referred to as the Auctioneer) or any of its employees individually cannot be responsible for errors in bidding or the loss or delay of any bids that do not reach us by the closing date and time, or for any technical glitches that prevent internet bids from being executed. All bids are in U.S. dollars.
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10) As an active dealer, Daniel Frank Sedwick, LLC is able to estimate a reasonably low wholesale level for each lot and reserves the right to reject any bids below this level (generally at least 70% of low estimate). Furthermore we reserve the right to reject any bids that we have reason to believe are not submitted in good faith. Starting bids are provided on iCollector when the auction is published, and bids below those starting bids cannot be entered.
11) All items are guaranteed genuine and as described. Auctions are NOT approval sales, and therefore returns will NOT be accepted UNLESS there was an error in the listing. Note that grading and estimation of corrosion are subjective and differences of opinion cannot be considered errors. Lots encapsulated by PCGS, NGC or any other third-party company may not be returned for any reason. Disputes as to authenticity shall be resolved by submission to PCGS or NGC, and if their determination is inconclusive, then the opinion of Daniel Frank Sedwick, LLC shall stand. Any disputes, including proposed returns, must be brought to our attention no later than 2 days after receipt of the lot(s) by the buyer and BEFORE return shipment to us, with any applicable refunds to be made immediately upon receipt of the returned item(s) by us. All returns must be received by us in unaltered condition and in their original, unopened, sealed flips no later than one month after the date of the first auction session (note that late remittance, therefore, can negate return privileges). Any refunds for returns paid for by credit card will be subject to a 3% return fee.
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13) For any won lots that are sent to a Florida address, Florida sales tax (6% to 7.5%, depending on your county) will be added to all purchases of items that are NOT coins or bullion. Coins and bullion are also taxed if the total coin and/or bullion purchase is less than $500.
14) All bidders and consignors acknowledge and agree that the Auctioneer (Daniel Frank Sedwick, LLC) does NOT guarantee that auctions will be unimpaired, uninterrupted or error-free and accordingly shall not be liable for such eventualities. The Auctioneer in its sole and absolute discretion may accept or decline any bid, remove bids and reopen bidding, withdraw lots, or change lot sequence or bidding increments at any time, even after the winning bid and winning bidder have been announced. Any bidding disputes shall be adjudicated by the Auctioneer, whose decision shall be deemed binding and final.
15) This auction is conducted in accordance with the auction laws of the State of Florida. The licensed auctioneer is Daniel Frank Sedwick, AU#3635, AB#2592.
