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 Replies: 43 / Views: 3,643 |
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Valued Member
United States
102 Posts |
Edited by SmallEagle
01/24/2013 8:47 pm
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Pillar of the Community
United States
648 Posts |
Wow!  |
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Pillar of the Community
United Arab Emirates
557 Posts |
Dangit, I was outbid at the last minute.  |
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Moderator
 United States
23522 Posts |
A price befitting the coin. I wonder what this does to the perceived value of the Pershke Brasher Doubloon in NGC 63, considered the most valuable US coin and valued at "around Ten Million Dollars" by NGC.
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Pillar of the Community
Canada
4944 Posts |
Wow! Absolutely Incredible!
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Moderator
United States
16679 Posts |
Quote:
I wonder what this does to the perceived value of the Pershke Brasher Doubloon in NGC 63, considered the most valuable US coin and valued at "around Ten Million Dollars" by NGC.
The Pershke Brasher Doubloon will always command a strong presence come auction time, and I would think it would give the 1794 Dollar, a big run for it's money...I think it will surpass the 8.5 mil mark personally  swcoin.ecrater.com
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Pillar of the Community
Canada
3167 Posts |
Was checking on that online! Man, I don't know if I could pay that much for just 1 coin, unless I had $80mil to spend...
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Pillar of the Community
United States
3843 Posts |
I agree incredible day for the hobby! All of the Cardinal collection coins are amazing. Any indication who purchased it? Very interesting list of the greatest coins of all time http://www.pcgs.com/News/The-Top-50...-Of-All-TimeI wonder what the 1804 silver dollar would bring today if sold at auction? Quote:
The 1804 silver dollar. "The King of U.S. Coins" resoundingly reaffirmed its claim to that throne on Aug. 30, 1999, when the Childs specimen, the finest-known example of this famous American rarity, changed hands at auction for $4.14 million -- more than double the previous record for any U.S. coin. That previous record was held by (what else!) a different 1804 silver dollar, the Eliasberg specimen, which had sold for $1.815 million in 1997. Edited by Joe2007
01/24/2013 11:11 pm
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Pillar of the Community
United States
3253 Posts |
"the fields flash with astounding deep mirror reflection"
...but, only...
"when the coin is viewed out of its encapsulation."
'Nuff said.
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Moderator
United States
23522 Posts |
Quote:
"the fields flash with astounding deep mirror reflection"
...but, only...
"when the coin is viewed out of its encapsulation."
'Nuff said. Could you imagine being the guy who got to dremel that one out of the slab? |
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Moderator
United States
16679 Posts |
Quote:
Could you imagine being the guy who got to dremel that one out of the slab?
...and the edge of the spinning blade hitting the edge of the coin swcoin.ecrater.com
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Valued Member
United States
291 Posts |
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Edited by LogPotato
01/25/2013 10:28 am
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Pillar of the Community
United States
9792 Posts |
Stunned! $10,000,000.00 wow thats a lot of scratch!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Valued Member
United States
153 Posts |
I was also there and examined the coins personally prior to the auction, and can now say that I am a part of numismatic history with this incredible record being broken. The 1794 Dollar was the last lot of the 94 coins in the Cardinal Collection to be auctioned, preceeded by the finest known 1792 Disme and an 1956 Lincoln Cent! The bidders were placing their bids in increments of 500K and the current bid was "only" 5.5MIL. Then Laura Sperber of Legend Numismatics, who was in the back of the room, on the phone with a client, yelled out 8.5MIL!! I didn't know that it was kosher to raise the bid without following the increments, but the bid was accepted. I just wanted to watch the auction, one could taste the excitement when the 1794 dollar came up for the taking. Everyone there looked pretty stinking rich but it was a great once in a lifetime experience. I had my eyes on the Perkins cent pattern and might have bid on it for $2000. However, it went for more than 3X that. |
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Pillar of the Community
United States
1721 Posts |
The buyers premium on that coin would make a nice retirement fund. Does Stacks give S&H Green Stamps? Quote:
I didn't know that it was kosher to raise the bid without following the increments, but the bid was accepted.
I was a Virginia licensed auctioneer from 2004-2011. Much of this depends on the attitude of the auctioneer. I've seen auctioneers ignore yelled out bids. I can understand if the auctioneer was trying to go from 20 to 25 dollars and some loser yells out 22.50. However, how could you ignore an 8.5 million dollar bid? You'd be doing the consignor and the auction house a disservice. |
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Rest in Peace
United States
10625 Posts |
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Replies: 43 / Views: 3,643 |
Posted 01/24/2013 9:00 pm
