My First World Coin Purchase - 1723 Shipwreck French Gold 1'lor

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Author	Replies: 5 / Views: 219
fenton Pillar of the Community United States 4992 Posts	Posted 08/03/2026 09:09 am Dealer wanted $1999. Negotiated down to $1723 by offering him the date of the coin in dollars. Seemed like as good a retail price as any. Did I do OK with this? Kind of a big purchase but I loved the coin. Report this Post to the Staff

jbuck Moderator United States 192680 Posts	Posted 08/03/2026 11:53 am Damage? Looks like a nice example! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
snowman Pillar of the Community United States 1841 Posts	Posted 08/04/2026 10:25 am I agree that the damage looks minimal. Do you know which shipqreck it is from? Report this Post to the Staff
tdziemia Pillar of the Community United States 8004 Posts	Posted 08/04/2026 1:29 pm Quote: Did I do OK with this? Yes: https://www.numisbids.com/sale/9289/lot/?lot=308 This coin cost its buyer around $1600 (so, nice job getting that price down! ). Best I can tell, yours has better eye appeal. Edit: I just found this previous sale of your exact coin: https://www.numisbids.com/sale/8780/lot/?lot=24095 Again, confirming you did well. Add in the buyer's premium, then consider the updraft in gold coin prices since then. Edited by tdziemia 08/04/2026 1:34 pm Report this Post to the Staff
fenton Pillar of the Community United States 4992 Posts	Posted 08/04/2026 1:37 pm I think it is almost certainly from the Le Chameau since that's the only shipwreck that had these coins. They are exceedingly rare, from what I can glean, outside of the wreck coins. For this particular date and variety NGC graded 4 with 2 finer. Two were AU details. I have a feeling when NGC grades shipwreck coins the "shipwreck effect" or "saltwater damage" is probably assumed even if there's not much evidence for it. I couldn't see much pitting under 10x magnification, or other visible damage. And the surfaces look AU/MS. Edited by fenton 08/04/2026 1:41 pm Report this Post to the Staff
Empty_Pockets Valued Member United States 210 Posts	Posted Today 51M ago Nice shipwreck coin. I think you did well on the negotiating. Report this Post to the Staff
	Replies: 5 / Views: 219

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