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 Replies: 28 / Views: 4,877 |
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Pillar of the Community
Canada
2845 Posts |
The current poll results, guessing the selling price of the 1911 electrotype, is quite fascinating - 18 say bah it won't make reserve and another 15 say sure maybe anywhere from $10000 to $50000+. A group of people who share a common interest, yet very diverse opinions of value for this unique item......   |
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Bedrock of the Community
Canada
21603 Posts |
I was one of those who said it would not make the reserve
going on the basis of whether I would pay that or not.
It would be nice to have but as Jack stated, for $10,000 there
are many other coins that I want that I could buy with that money.
I'm not saying it won't sell, because there are people with
the money that will pay whatever if they want it bad enough.
(Just watch the Barritt Jackson Auction sometime)
It just won't be me.
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Pillar of the Community
Canada
2845 Posts |
Not me either..... even the starting bid would wipe out my monthly coin budget for longer than I could do without but aside from financial reality, I'd be very motivated. It's the continuous learning of the historical factors involving coin collecting that keep me interested. So even though this item is not the real thing, it illustrates by a visual link how close Canada came to releasing a Silver Dollar in 1911. And in my opinion, the story behind it is far more interesting than a high value coin who's entire past is a total mystery other than it was made by the mint.
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Pillar of the Community
 Canada
1984 Posts |
I thought I would kick this back up. Just a few days to go....now at $13,000 on line. I think I voted $30 to 50k, so there is still a ways to go for me to be right....but I still think it could get there.
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Pillar of the Community
 Canada
5394 Posts |
Amazing! Maybe the Canadian coin market is heating up. Guess the guy who bought this out of DNW is doing a gigantic happy dance! This is one of those times I love being wrong. Was positive this piece would not make reserve. Crunch , crunch, darn I hate the taste of Crow! LOL.
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Pillar of the Community
Canada
5324 Posts |
Just never know at an auction, it's a copy
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Pillar of the Community
Canada
2845 Posts |
Quote:
This is one of those times I love being wrong. Was positive this piece would not make reserve. Crunch , crunch, darn I hate the taste of Crow! LOL.
You're not alone.....22 of 40 munchers. LOL! |
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Pillar of the Community
Canada
2845 Posts |
Sold for $14,000 plus $2,800 buyers premium and tax.
Between $15,000 - $20,000: 4 Voters or 10% got it right.
Thanks for the entertaining poll, Smallcentguy!
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Pillar of the Community
Canada
3049 Posts |
The whole auction was pretty interesting to watch... unfortunately I am out of the coin buying game for awhile... gotta let the VISA cool off right now.
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Pillar of the Community
Canada
2845 Posts |
Yes, it was interesting, although I only watched parts. But it seemed most of the closing bids were at or within estimate and that's always a good sign especially mid summer. I didn't buy anything either, I'm still at a point of deciding what's my next focus going to be while I dibble-dabble here and there. Earlier this month a bought a $2-$100 uncirculated set of bird banknotes to add to my 1937/1954 banknote collection, thinking that was just nuts considering how many must have passed through my hands at the time and I didn't save even one.
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Pillar of the Community
Canada
3049 Posts |
I was eying that set of bank notes that had all the same serial number.... once saw a bird series with the number "204" which is my area code... but never pulled the trigger.. and regret it every day now... *sigh*
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Pillar of the Community
Canada
4911 Posts |
i was surprised by the selling price of this piece..i knew lots of people would have some sort of interest in it, even my LCS was considering buying it for the store but I think I talked them out of it..however I will be getting to see the 1967 flip struck dollar in hand as they were the winners of it I'm pretty sure. I will also be getting my win from the auction which i'll post later on when in hand. I am very glad to see the prices seemed ok and I was also glad to win a coin and also will get to see the flip struck in the near future, this is a great outcome since I wanted to go to the show but summer school cancelled that for me  also, I hope that all you fellow collectors who found that coin or coins in this auction that you fell in love with were successful in your bidding  Feel free to call me Will.
Edited by thedollarman
07/24/2016 12:50 am
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New Member
Canada
24 Posts |
At first thought it would not make the minimum either. I recall getting a look at it late 2013/early 2014 (a bargain at the time in comparison to the auction result) and then again at the Bell auction. But in the ancient Coin World electrotypes are highly collectible, especially when it's an electrotype of a rare piece in the British Museum collection (I have a few uniface ones in my collection). CNG sold one of a Sicilian Decadrachm a couple of years ago for $4750 USD http://www.cNGCoins.com/Coin.aspx?CoinID=232555). A copy of an exceptional specimen but that Decadrachm is more plentiful than the 2 examples of the 1911 pattern Dollar in silver that exist. |
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Pillar of the Community
Canada
2495 Posts |
As they say on another coin forum......
"This post is useless without pictures!!"
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Pillar of the Community
Canada
2845 Posts |
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Replies: 28 / Views: 4,877 |
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First Page
Posted 06/28/2016 5:04 pm
